FRANK KRENEK UNIT

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

Oil lease lease 25289District 03Field 20385400OilCasinghead gasSaveExport
Value, all time
$4.3 M
Jun 2008 – Mar 2017
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
106
no gaps in the span
Streams
2
oil, casinghead 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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1988-06-01
as the register files it
Field class
Oil and 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 2012-08-07.

The Commission's schedule remark for this field reads: A P-15 WITH AN ACERAGE LIST AND LEASE PLAT REQUIRED.

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
OilDisposition46,730 bbl$3,580,581
Casinghead gasProduction139,289 Mcf$732,158
Total$4,312,739

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

42-157321891 A13,757 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 (106)

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

106 months

Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20161271942.492.64$5,446
Oct 2016053346.193.09$1,647
Sep 201616454041.553.10$8,489
Aug 2016052741.442.92$1,541
Jul 2016046541.622.92$1,360
Jun 201612954045.352.69$7,301
May 2016052742.521.99$1,049
Apr 201616451036.561.99$7,011
Mar 2016040333.011.79$723
Feb 201616749326.472.06$5,438
Jan 2016043427.352.36$1,026
Dec 2015040332.362.00$807
Nov 201513345038.792.17$6,134
Oct 2015046543.552.43$1,128
Sep 201515742042.992.76$7,908
Aug 2015052940.162.87$1,520
Jul 201516637248.152.95$9,088
Jun 2015036056.152.88$1,038
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
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 2014152089.394.04$13,587
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014178094.734.73$16,862
Apr 2014171095.944.81$16,406
Mar 20140095.895.06$0
Feb 2014179097.406.19$17,435
Jan 2014169090.404.86$15,278
Dec 2013178091.824.35$16,344
Nov 201301888.853.74$67
Oct 20131905597.423.78$18,718
Sep 2013017104.113.72$63
Aug 201335461104.253.52$37,119
Jul 201317530102.523.72$18,053
Jun 20131836494.403.93$17,527
May 20131713794.834.15$16,369
Apr 20130093.964.28$0
Mar 2013177093.623.91$16,571
Feb 20131753591.233.42$16,085
Jan 201318213391.603.42$17,126
Dec 20121726286.773.42$15,136
Nov 20123552786.953.62$30,965
Oct 20121784289.383.40$16,052
Sep 2012142794.672.92$13,464
Aug 2012169192.662.91$15,662
Jul 2012178185.133.02$15,156
Jun 2012171179.822.52$13,652
May 201217460391.612.49$17,441
Apr 2012170686101.652.00$18,650
Mar 2012343793105.052.22$37,794
Feb 2012176774101.102.57$19,783
Jan 201251769598.092.73$52,613
Dec 201134572396.873.24$35,762
Nov 201117676895.723.31$19,390
Oct 201118264184.983.65$17,805
Sep 201135660983.623.99$32,196
Aug 201150673183.404.15$45,234
Jul 201118675994.144.52$20,939
Jun 201134888092.904.64$36,412
May 20113851,81398.134.40$45,766
Apr 2011199491105.964.33$23,214
Mar 20111761,02996.364.06$21,134
Feb 20113601,23685.644.18$35,997
Jan 20113601,20786.504.59$36,679
Dec 20103541,02985.734.35$34,822
Nov 20103562,15980.843.80$36,973
Oct 20103542,15978.103.51$35,223
Sep 20107152,15972.633.98$60,522
Aug 20105352,15973.684.42$48,960
Jul 20104572,15972.554.74$43,381
Jun 20103621,39570.364.91$32,320
May 20105242,15971.124.24$46,411
Apr 20107212,15981.694.12$67,799
Mar 20107732,15978.394.39$70,071
Feb 20107212,05073.585.44$64,208
Jan 20108982,61674.365.96$82,377
Dec 20091,0902,63171.445.48$92,297
Nov 20095382,73874.593.75$50,401
Oct 20091,3843,46072.544.11$114,617
Sep 20097343,52565.543.06$58,910
Aug 20091,2684,49967.423.22$99,969
Jul 20091,4374,61961.133.46$103,846
Jun 20091,6425,36966.163.90$129,547
May 20091,8186,24654.743.93$124,038
Apr 20091,2734,27646.773.59$74,878
Mar 20091,0894,23342.144.06$63,072
Feb 20091,5215,02732.814.63$73,194
Jan 20091,7635,01535.865.37$90,157
Dec 20081,9275,87937.105.98$106,631
Nov 20081,9054,97355.496.86$139,825
Oct 20082,2716,41175.246.92$215,247
Sep 20081,8696,997101.767.88$245,305
Aug 20082,4996,113114.228.48$337,292
Jul 20083,0267,098131.0811.39$477,490
Jun 20087412,799131.3313.03$133,794

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.

Nov 2016 — as filed, then multipliedworked
Oil                  127 bbl  × $ 42.49 =     $5,396
Casinghead gas        19 Mcf  × $  2.64 =        $50

────────────────────────────────────────────────────
Month total                                   $5,446

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/O/25289 is the state's own key, not one this site invented.