FRANK SMITH

Operated by PROLINE ENERGY RESOURCES INC (P-5 681327) in the FT. TRINIDAD, E. (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26959District 03Field 32157497OilCasinghead gasSaveExport
Value, all time
$293 k
Nov 2014 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
139
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 77 leases and 82 wells, and the rule below applies to all of them.

Discovered
1964-11-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: FOR HORIZONTAL AND STACKED LATERAL RULES.

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
OilDisposition5,013 bbl$285,311
Casinghead gasProduction2,579 Mcf$7,985
Total$293,296

Every month this lease reported (139)

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

139 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 2025147062.743.08$9,223
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 2025187074.324.28$13,898
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024134069.612.36$9,328
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024110084.451.66$9,290
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023110071.262.61$7,839
Nov 20230077.892.81$0
Oct 202320085.443.09$1,709
Sep 20230089.042.74$0
Aug 2023160080.522.67$12,883
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023101078.122.24$7,890
Mar 20230072.852.39$0
Feb 20238075.112.47$601
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202270085.005.65$5,950
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20222750101.587.54$27,935
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 2022630104.226.84$6,566
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 2021102069.865.35$7,126
Aug 20210066.024.22$0
Jul 202139070.783.98$2,760
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202175060.362.76$4,527
Mar 202182061.302.72$5,027
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202071036.972.48$2,625
Sep 20200037.091.99$0
Aug 2020174039.982.39$6,957
Jul 20200038.371.83$0
Jun 2020110034.901.69$3,839
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020189030.341.86$5,734
Feb 202075049.881.98$3,741
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201960055.302.75$3,318
Oct 20190053.472.42$0
Sep 201903955.052.66$104
Aug 20190153.112.30$2
Jul 201901256.272.46$30
Jun 201917713052.782.49$9,666
May 20191784358.482.74$10,527
Apr 201914562.632.75$891
Mar 2019352556.803.06$20,009
Feb 2019163550.852.79$8,303
Jan 2019011946.033.23$384
Dec 2018010046.594.19$419
Nov 201806552.934.24$275
Oct 2018024761.443.40$839
Sep 20180559.543.11$16
Aug 20180559.403.07$15
Jul 2018024465.142.93$715
Jun 2018015460.183.08$474
May 2018014165.382.90$409
Apr 201805863.842.90$168
Mar 2018016761.222.79$465
Feb 2018018261.782.77$503
Jan 2018012162.874.01$485
Dec 2017016257.272.92$473
Nov 201718118655.423.12$10,611
Oct 2017038349.292.98$1,143
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 2016299033.011.79$9,870
Feb 20160026.472.06$0
Jan 2016165027.352.36$4,513
Dec 20150032.362.00$0
Nov 2015189038.792.17$7,331
Oct 20150043.552.43$0
Sep 2015367042.992.76$15,777
Aug 20150040.162.87$0
Jul 2015186048.152.95$8,956
Jun 2015191056.152.88$10,725
May 2015189055.212.96$10,435
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

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.

Sep 2025 — as filed, then multipliedworked
Oil                  147 bbl  × $ 62.74 =     $9,223
Casinghead gas         0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                   $9,223

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/26959 is the state's own key, not one this site invented.