KRENEK, FRANK

Operated by HAMMAN OIL & REFINING COMPANY (P-5 350200) in the COOLEY (MEEK SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 195280District 03Field 203853002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.8 M
May 2003 – Sep 2009
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
77
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 42 leases and 42 wells, and the rule below applies to all of them.

Discovered
1984-07-28
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2012-11-06.

The Commission's schedule remark for this field reads: MANUAL REVIEW.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-02-10167092
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition70,322 bbl$2,572,338
GasProduction2,340,728 Mcf$14,235,222
Total$16,807,559

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.6165, -95.9950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.61651, -95.99496 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
13,757 ft
1 wells filed one
Completion to plug
8.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 13,757 ft.

Completions filed
Jun 2008
1 of 1 wells
Plug dates filed
Dec 2016
1 of 1 wells

Last completion to plug: a median of 8.5 years across the 1 well that filed both dates, with the middle half between 8.5 years and 8.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-157321891A13,757 ftJun 2008Dec 2016Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (77)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

77 months

Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200952061.133.46$3,179
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20080305110.3110.45$3,189
Mar 20081501,191101.909.66$26,795
Feb 200819521892.538.77$19,955
Jan 2008072190.388.21$5,916
Dec 2007048188.337.30$3,512
Nov 2007044391.677.29$3,230
Oct 2007053082.856.92$3,669
Sep 200701,36275.846.24$8,505
Aug 20071893,57469.066.39$35,883
Jul 200703,19370.906.39$20,397
Jun 20072964,52562.007.55$52,509
May 200707,68758.747.85$60,314
Apr 20073883,63659.617.81$51,508
Mar 200706,58756.927.30$48,098
Feb 20071997,28155.108.22$70,786
Jan 20071966,80850.306.73$55,655
Dec 20063838,87256.656.92$83,077
Nov 20063927,58654.207.62$79,033
Oct 200608,61254.906.01$51,791
Sep 20061833,52260.085.04$28,736
Aug 20061889,35368.717.34$81,568
Jul 200638112,38569.376.34$104,985
Jun 200643611,96066.286.38$105,249
May 200657513,81066.016.42$126,685
Apr 2006013,38064.397.36$98,483
Mar 200658815,04256.707.08$139,881
Feb 200638716,55657.597.75$150,615
Jan 2006016,12560.598.93$144,050
Dec 200551917,01354.9413.42$256,750
Nov 200547818,37454.6910.59$220,693
Oct 200537422,41658.3413.80$331,065
Sep 200519314,01361.4512.08$181,123
Aug 200571924,47261.519.80$283,974
Jul 200557925,80855.697.84$234,673
Jun 200518726,39652.337.38$204,616
May 200576628,73945.226.65$225,786
Apr 200558329,86549.207.36$248,504
Mar 20051,00134,46450.377.15$297,006
Feb 200577132,27645.226.31$238,588
Jan 200596437,83543.166.32$280,807
Dec 20041,17125,86139.866.75$221,266
Nov 20041,17722,83345.286.33$197,837
Oct 20041,16747,94449.706.52$370,360
Sep 20041,52548,05343.245.28$319,848
Aug 20041,33359,38542.375.55$386,105
Jul 20041,90065,27338.286.08$469,865
Jun 20042,10272,88636.106.43$544,759
May 20041,93982,26437.486.49$606,944
Apr 20042,10487,03534.475.86$582,416
Mar 20043,18498,73534.365.53$655,421
Feb 20043,03193,55332.455.51$613,797
Jan 20043,799109,81532.036.30$813,477
Dec 20034,531121,78230.266.30$904,534
Nov 20035,125131,52328.804.60$751,969
Oct 20035,162128,98728.174.76$759,345
Sep 2003917149,82526.314.75$735,699
Aug 20036,578165,42229.765.13$1,044,330
Jul 20037,930190,17929.415.17$1,216,606
Jun 20032,209121,59528.565.98$790,587
May 20031,12620,36226.595.97$151,556

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jul 2009 — as filed, then multipliedworked
Condensate            52 bbl  × $ 61.13 =     $3,179
Gas                    0 Mcf  × $  3.46 =         $0

────────────────────────────────────────────────────
Month total                                   $3,179

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/195280 is the state's own key, not one this site invented.