KRENEK, FRANK UNIT

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 202536District 03Field 203853002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Mar 2004 – Aug 2016
Value, last 12 filed months
$998
at the published price for each month
Months reported
150
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 Gas112006-03-22167093
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
CondensateDisposition15,923 bbl$868,528
GasProduction391,376 Mcf$2,548,830
Total$3,417,357

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 29.6159, -95.9990. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
14,000 ft
1 wells filed one
Completion to plug
11.3 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 14,000 ft.

Completions filed
Mar 2004
1 of 1 wells
Plug dates filed
Jun 2015
1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-15732253214,000 ftMar 2004Jun 2015Yes

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 (150)

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

150 months

Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201622045.352.69$998
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150342.892.93$9
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014114894.734.73$10,837
Apr 201404495.944.81$212
Mar 20140695.895.06$30
Feb 2014010997.406.19$675
Jan 2014021990.404.86$1,065
Dec 201309091.824.35$392
Nov 2013028288.853.74$1,054
Oct 2013036197.423.78$1,364
Sep 2013131230104.113.72$14,493
Aug 20130961104.253.52$3,385
Jul 20130510102.523.72$1,896
Jun 2013037394.403.93$1,467
May 201316746994.834.15$17,783
Apr 2013032293.964.28$1,379
Mar 2013078793.623.91$3,079
Feb 201301,39891.233.42$4,781
Jan 2013043791.603.42$1,495
Dec 2012039086.773.42$1,334
Nov 201217479586.953.62$18,011
Oct 2012080889.383.40$2,747
Sep 2012061194.672.92$1,783
Aug 201201,09992.662.91$3,196
Jul 201201,06585.133.02$3,217
Jun 2012012879.822.52$322
May 201217893891.612.49$18,641
Apr 201201,282101.652.00$2,560
Mar 201201,715105.052.22$3,811
Feb 20120303101.102.57$779
Jan 2012044898.092.73$1,225
Dec 20111811,19496.873.24$21,402
Nov 2011083595.723.31$2,765
Oct 201101,48284.983.65$5,407
Sep 201101,23183.623.99$4,907
Aug 20111821,15883.404.15$19,984
Jul 2011060294.144.52$2,719
Jun 201101,19092.904.64$5,521
May 20111901,22898.134.40$24,054
Apr 20110371105.964.33$1,608
Mar 201101,47896.364.06$5,997
Feb 201116085585.644.18$17,276
Jan 2011037286.504.59$1,707
Dec 201018499885.734.35$20,113
Nov 2010046580.843.80$1,765
Oct 201001,36778.103.51$4,797
Sep 20101761,48472.633.98$18,688
Aug 201002,00373.684.42$8,852
Jul 2010801,20772.554.74$11,521
Jun 201001,53570.364.91$7,537
May 20101851,74871.124.24$20,560
Apr 201001,90281.694.12$7,841
Mar 20101402,52878.394.39$22,069
Feb 201002,00573.585.44$10,912
Jan 20101581,75774.365.96$22,228
Dec 200901,13071.445.48$6,197
Nov 200902,47674.593.75$9,289
Oct 2009691,36472.544.11$10,612
Sep 20091841,13665.543.06$15,541
Aug 200901,68867.423.22$5,433
Jul 200901,69061.133.46$5,855
Jun 200901,43066.163.90$5,570
May 200901,72154.743.93$6,756
Apr 200901,90946.773.59$6,849
Mar 20093712,18542.144.06$24,503
Feb 200902,36332.814.63$10,948
Jan 20091632,30335.865.37$18,215
Dec 20081962,85837.105.98$24,354
Nov 200802,98955.496.86$20,506
Oct 20081883,27875.246.92$36,835
Sep 200802,526101.767.88$19,898
Aug 20085104,586114.228.48$97,155
Jul 200814,398131.0811.39$50,222
Jun 200804,310131.3313.03$56,171
May 200801,087123.1711.57$12,581
Apr 20080322110.3110.45$3,366
Mar 2008412,147101.909.66$24,927
Feb 20081911,52492.538.77$31,040
Jan 200802,64690.388.21$21,712
Dec 200703,13588.337.30$22,892
Nov 200701,39891.677.29$10,194
Oct 200702,39682.856.92$16,585
Sep 2007087175.846.24$5,439
Aug 20071623,42169.066.39$33,041
Jul 200703,26270.906.39$20,837
Jun 20072813,58862.007.55$44,506
May 200702,97458.747.85$23,335
Apr 20071936,21259.617.81$59,991
Mar 2007064056.927.30$4,673
Feb 200701,01855.108.22$8,364
Jan 20071912,52750.306.73$26,606
Dec 200603,94756.656.92$27,307
Nov 20061884,03554.207.62$40,926
Oct 200604,14054.906.01$24,897
Sep 20061721,64360.085.04$18,610
Aug 200603,21768.717.34$23,613
Jul 200603,74869.376.34$23,773
Jun 20061403,61566.286.38$32,357
May 20061662,89966.016.42$29,584
Apr 200622,89364.397.36$21,423
Mar 20061893,76156.707.08$37,355
Feb 20061932,78957.597.75$32,733
Jan 20061913,03060.598.93$38,641
Dec 200502,90454.9413.42$38,958
Nov 20052513,47154.6910.59$50,480
Oct 20051934,37458.3413.80$71,602
Sep 200502,59961.4512.08$31,393
Aug 20054074,82961.519.80$72,344
Jul 20051985,74055.697.84$56,049
Jun 20053686,15852.337.38$64,710
May 20051955,90245.226.65$48,073
Apr 20053906,39449.207.36$66,251
Mar 20051776,83850.377.15$57,841
Feb 20051936,27445.226.31$48,328
Jan 20053848,11243.166.32$67,859
Dec 20041965,21139.866.75$42,992
Nov 20043695,10245.286.33$49,006
Oct 20041948,69949.706.52$66,317
Sep 200457810,35043.245.28$79,681
Aug 200418011,32542.375.55$70,488
Jul 200457517,07738.286.08$125,911
Jun 200474418,09436.106.43$143,257
May 200492626,61537.486.49$207,560
Apr 20042,81048,25934.475.86$379,584
Mar 20041914,63834.365.53$32,212

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.

Jun 2016 — as filed, then multipliedworked
Condensate            22 bbl  × $ 45.35 =       $998
Gas                    0 Mcf  × $  2.69 =         $0

────────────────────────────────────────────────────
Month total                                     $998

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/202536 is the state's own key, not one this site invented.