FRANUS GT UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the KURTEN (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279926District 03Field 50424600CondensateGasSaveExport
Value, all time
$5.9 M
Jun 2014 – May 2026
Value, last 12 filed months
$57 k
at the published price for each month
Months reported
144
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
1978-06-14
as the register files it
Field class
Oil and 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 160 acres. The field rule took effect on 1996-11-01.

The Commission's schedule remark for this field reads: THIS FIELD SAME AS KURTEN (BUDA) IN OIL.

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
CondensateDisposition12,218 bbl$717,844
GasProduction1,620,201 Mcf$5,158,715
Total$5,876,560

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 30.5572, -96.1013. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.55721, -96.10128 · 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
12,235 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 12,235 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-185308371H12,235 ftJun 2014

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 (144)

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

144 months

May 202611,330106.413.05$4,157
Apr 202611,06598.932.87$3,155
Mar 2026098489.753.15$3,099
Feb 202601,00663.503.75$3,773
Jan 202611,03859.138.00$8,361
Dec 2025092256.664.41$4,069
Nov 202501,07558.593.93$4,221
Oct 202501,16259.383.30$3,840
Sep 202501,28462.743.08$3,951
Aug 202517485463.933.01$13,698
Jul 2025082066.743.32$2,718
Jun 2025057766.483.13$1,805
May 2025050660.553.23$1,636
Apr 2025388762.363.54$3,330
Mar 2025113,80967.704.27$17,003
Feb 202502,20670.884.34$9,576
Jan 202501,70174.324.28$7,278
Dec 202403,02768.993.12$9,448
Nov 202401,65269.052.20$3,632
Oct 202402,31171.372.28$5,272
Sep 202402,42969.612.36$5,743
Aug 202443,15875.632.06$6,819
Jul 202403,10179.932.15$6,657
Jun 20241813,37178.082.63$23,012
May 202432,63578.812.20$6,029
Apr 202403,66784.451.66$6,084
Mar 202403,47180.301.55$5,363
Feb 202401,04776.091.78$1,867
Jan 202402,34473.023.30$7,730
Dec 202302,34871.262.61$6,130
Nov 202302,63877.892.81$7,406
Oct 202302,78685.443.09$8,601
Sep 202302,77189.042.74$7,579
Aug 20231812,96280.522.67$22,491
Jul 202332,71774.852.64$7,402
Jun 202302,81068.962.26$6,346
May 202302,99270.622.23$6,664
Apr 202303,13978.122.24$7,024
Mar 202363,40172.852.39$8,576
Feb 202323,29375.112.47$8,270
Jan 202303,54076.533.39$11,993
Dec 202243,09076.415.73$18,009
Nov 20221783,47185.005.65$34,728
Oct 202203,45187.185.86$20,236
Sep 202201,93484.888.16$15,789
Aug 202202,59094.529.13$23,639
Jul 202203,212101.587.54$24,225
Jun 202202,835115.097.98$22,615
May 202203,274109.378.43$27,610
Apr 202213,282104.226.84$22,545
Mar 20221902,002108.885.08$30,850
Feb 202222,81091.054.86$13,835
Jan 202263,23581.844.54$15,170
Dec 202163,33071.323.90$13,412
Nov 202113,53677.435.24$18,595
Oct 202103,94679.795.71$22,547
Sep 202104,03769.865.35$21,602
Aug 20211922,85266.024.22$24,713
Jul 202104,13170.783.98$16,450
Jun 202101,92669.493.38$6,511
May 202104,81963.483.02$14,542
Apr 202106,41560.362.76$17,695
Mar 202104,85161.302.72$13,180
Feb 202103,32757.805.55$18,458
Jan 202101,88050.412.81$5,283
Dec 20201742,69344.642.68$14,972
Nov 202004,40738.772.71$11,928
Oct 202006,84336.972.48$16,960
Sep 2020090837.091.99$1,808
Aug 202074,34739.982.39$10,648
Jul 202003,94238.371.83$7,195
Jun 202001,41134.901.69$2,385
May 2020071316.921.81$1,294
Apr 20201992,03814.751.80$6,613
Mar 202004,27730.341.86$7,939
Feb 202001,80149.881.98$3,567
Jan 202003,71457.252.09$7,780
Dec 201903,94459.012.30$9,088
Nov 201904,15555.302.75$11,429
Oct 20191935,53153.472.42$23,697
Sep 201905,65255.052.66$15,019
Aug 201904,67753.112.30$10,777
Jul 201904,72256.272.46$11,616
Jun 201905,66852.782.49$14,120
May 201905,79858.482.74$15,888
Apr 2019125,78962.632.75$16,675
Mar 201906,67056.803.06$20,424
Feb 20191956,06350.852.79$26,845
Jan 201906,57546.033.23$21,225
Dec 201805,54246.594.19$23,196
Nov 201805,76052.934.24$24,407
Oct 201805,75461.443.40$19,553
Sep 20181936,15359.543.11$30,615
Aug 201806,65659.403.07$20,411
Jul 201806,71065.142.93$19,673
Jun 201806,90160.183.08$21,234
May 201806,24465.382.90$18,113
Apr 20181877,21663.842.90$32,870
Mar 201807,82261.222.79$21,799
Feb 201808,29961.782.77$22,956
Jan 201807,21762.874.01$28,935
Dec 20171957,90857.272.92$34,271
Nov 201707,67655.423.12$23,937
Oct 201708,42149.292.98$25,126
Sep 2017010,22847.523.09$31,577
Aug 201707,68745.373.00$23,095
Jul 20171868,60243.873.09$34,717
Jun 201709,83742.493.09$30,370
May 2017011,05945.373.26$36,090
Apr 201719410,49347.933.21$42,998
Mar 2017010,50146.772.98$31,332
Feb 2017010,43550.452.95$30,810
Jan 2017011,90549.413.42$40,701
Dec 201606,46748.763.72$24,076
Nov 201606,15042.492.64$16,263
Oct 201619011,86346.193.09$45,436
Sep 2016013,10541.553.10$40,634
Aug 2016015,04841.442.92$44,005
Jul 201618215,67841.622.92$53,423
Jun 2016014,79945.352.69$39,748
May 201618315,22742.521.99$38,099
Apr 2016019,74136.561.99$39,305
Mar 201618821,75633.011.79$45,236
Feb 201618922,46626.472.06$51,364
Jan 201618823,96727.352.36$61,808
Dec 201518130,09432.362.00$66,088
Nov 201518432,31238.792.17$77,168
Oct 201519137,52843.552.43$99,383
Sep 201518043,01742.992.76$126,397
Aug 201534943,77640.162.87$139,762
Jul 201518345,59448.152.95$143,089
Jun 201554643,08256.152.88$154,857
May 201536542,87555.212.96$146,867
Apr 201536355,60949.822.71$168,594
Mar 201555864,73642.892.93$213,914
Feb 201536462,67844.662.98$202,798
Jan 201571678,50643.433.10$274,514
Dec 201470167,10354.693.59$279,329
Nov 201488865,15570.464.25$339,597
Oct 201469272,29178.303.90$336,188
Sep 201486484,65086.164.05$416,889
Aug 201488782,65889.394.04$412,824
Jul 2014015,83496.564.18$66,180
Jun 20140098.164.74$0

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.

May 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $106.41 =       $106
Gas                1,330 Mcf  × $  3.05 =     $4,051

────────────────────────────────────────────────────
Month total                                   $4,157

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/279926 is the state's own key, not one this site invented.