FRANZ, J. H.

Operated by ORX RESOURCES, L.L.C. (P-5 627136) in the MAGNET WITHERS (MIOCENE 4000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 228618District 03Field 56688810CondensateGasSaveExport
Value, all time
$230 k
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1963-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1979-06-25.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/2013.

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
CondensateDisposition13 bbl$406
GasProduction33,778 Mcf$229,750
Total$230,156

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 29.1548, -96.0242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.15477, -96.02420 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,500 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 7,500 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-4810261317,500 ftMay 2007

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 (229)

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

229 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20169026.472.06$238
Jan 201631327.352.36$113
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150342.992.76$8
Aug 201502240.162.87$63
Jul 201507048.152.95$206
Jun 201503156.152.88$89
May 201503955.212.96$115
Apr 201506949.822.71$187
Mar 201509842.892.93$288
Feb 201503944.662.98$116
Jan 201505143.433.10$158
Dec 201403654.693.59$129
Nov 201401470.464.25$60
Oct 201403878.303.90$148
Sep 201412786.164.05$195
Aug 201404289.394.04$169
Jul 201404696.564.18$192
Jun 201403898.164.74$180
May 201404094.734.73$189
Apr 201403895.944.81$183
Mar 201404095.895.06$202
Feb 201403297.406.19$198
Jan 201403390.404.86$160
Dec 201302191.824.35$91
Nov 201302488.853.74$90
Oct 201302597.423.78$94
Sep 2013025104.113.72$93
Aug 2013026104.253.52$92
Jul 2013031102.523.72$115
Jun 201303494.403.93$134
May 201301594.834.15$62
Apr 201303293.964.28$137
Mar 201306493.623.91$250
Feb 201304691.233.42$157
Jan 201304591.603.42$154
Dec 201203786.773.42$127
Nov 201205086.953.62$181
Oct 201202289.383.40$75
Sep 201205494.672.92$158
Aug 201204492.662.91$128
Jul 201202885.133.02$85
Jun 201202079.822.52$50
May 201203391.612.49$82
Apr 2012015101.652.00$30
Mar 2012021105.052.22$47
Feb 2012025101.102.57$64
Jan 201203098.092.73$82
Dec 201103596.873.24$113
Nov 201105895.723.31$192
Oct 201106184.983.65$223
Sep 201106383.623.99$251
Aug 201104683.404.15$191
Jul 201104994.144.52$221
Jun 201104092.904.64$186
May 201105398.134.40$233
Apr 2011030105.964.33$130
Mar 201103896.364.06$154
Feb 201103785.644.18$155
Jan 201101586.504.59$69
Dec 20100085.734.35$0
Nov 201007180.843.80$269
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100172.554.74$5
Jun 201001870.364.91$88
May 2010036971.124.24$1,563
Apr 2010021381.694.12$878
Mar 2010036978.394.39$1,619
Feb 2010032273.585.44$1,752
Jan 2010018874.365.96$1,121
Dec 2009037271.445.48$2,040
Nov 2009042074.593.75$1,576
Oct 200909272.544.11$378
Sep 2009045865.543.06$1,404
Aug 2009062267.423.22$2,002
Jul 2009071961.133.46$2,491
Jun 2009037466.163.90$1,457
May 2009020854.743.93$817
Apr 2009050146.773.59$1,797
Mar 200907442.144.06$300
Feb 2009012932.814.63$598
Jan 2009036335.865.37$1,950
Dec 2008038937.105.98$2,325
Nov 2008053655.496.86$3,677
Oct 2008046475.246.92$3,212
Sep 20080532101.767.88$4,191
Aug 20080817114.228.48$6,931
Jul 20080793131.0811.39$9,032
Jun 20080457131.3313.03$5,956
May 20080634123.1711.57$7,338
Apr 20080602110.3110.45$6,294
Mar 20080656101.909.66$6,340
Feb 2008057692.538.77$5,052
Jan 2008088290.388.21$7,237
Dec 200702,39888.337.30$17,510
Nov 200702,66691.677.29$19,440
Oct 200702,64482.856.92$18,302
Sep 200702,56675.846.24$16,023
Aug 200702,66469.066.39$17,017
Jul 2007056170.906.39$3,584
Jun 2007065462.007.55$4,937
May 200704,25358.747.85$33,370

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.

Feb 2016 — as filed, then multipliedworked
Condensate             9 bbl  × $ 26.47 =       $238
Gas                    0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                     $238

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/228618 is the state's own key, not one this site invented.