FROST NATIONAL BANK

Name: FROST NATIONAL BANK lease production and value, Feb 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the B.M.T. (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181312District 04Field 047892372 tax incentive programmesCondensateGasSave Export

Value, all time

$5.9 M

Feb 2001 – May 2018

Value, last 12 filed months

$66 k

at the published price for each month

Months reported

208

no gaps in the span

Streams

condensate, gas

The B.M.T. (LOBO CONS.) field

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 420 leases and 420 wells, and the rule below applies to all of them.

Discovered

1998-10-21

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 2010-11-02.

The Commission's schedule remark for this field reads: “PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2001-04-20	143705
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,804 bbl	$95,305
Gas	Production	1,150,055 Mcf	$5,809,371
Total			$5,904,676

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 27.4549, -99.1297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.45485, -99.12973 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

10,850 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

1100.0%

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.

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 10,850 ft.

Completions filed

Feb 2018

1 of 1 wells

1 well


42-47937665	72	10,850 ft	Feb 2018	—	Yes

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 (208)

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

208 months


May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	75	0	62.87	4.01	$4,715
Dec 2017	0	5,494	57.27	2.92	$16,051
Nov 2017	0	2,292	55.42	3.12	$7,147
Oct 2017	0	2,444	49.29	2.98	$7,292
Sep 2017	0	2,364	47.52	3.09	$7,298
Aug 2017	0	2,390	45.37	3.00	$7,181
Jul 2017	0	2,368	43.87	3.09	$7,311
Jun 2017	49	2,214	42.49	3.09	$8,917
May 2017	0	2,394	45.37	3.26	$7,813
Apr 2017	0	2,399	47.93	3.21	$7,705
Mar 2017	0	2,615	46.77	2.98	$7,802
Feb 2017	0	2,404	50.45	2.95	$7,098
Jan 2017	0	2,653	49.41	3.42	$9,070
Dec 2016	0	2,715	48.76	3.72	$10,107
Nov 2016	18	2,502	42.49	2.64	$7,381
Oct 2016	0	2,560	46.19	3.09	$7,911
Sep 2016	0	2,516	41.55	3.10	$7,801
Aug 2016	0	2,704	41.44	2.92	$7,907
Jul 2016	0	2,573	41.62	2.92	$7,524
Jun 2016	0	2,557	45.35	2.69	$6,868
May 2016	0	2,659	42.52	1.99	$5,294
Apr 2016	0	2,608	36.56	1.99	$5,193
Mar 2016	38	2,798	33.01	1.79	$6,274
Feb 2016	0	3,064	26.47	2.06	$6,323
Jan 2016	25	2,711	27.35	2.36	$7,094
Dec 2015	0	2,572	32.36	2.00	$5,148
Nov 2015	72	2,550	38.79	2.17	$8,320
Oct 2015	0	2,412	43.55	2.43	$5,853
Sep 2015	0	2,546	42.99	2.76	$7,023
Aug 2015	0	2,569	40.16	2.87	$7,379
Jul 2015	0	2,588	48.15	2.95	$7,622
Jun 2015	0	2,556	56.15	2.88	$7,369
May 2015	0	2,459	55.21	2.96	$7,267
Apr 2015	0	2,634	49.82	2.71	$7,129
Mar 2015	0	2,864	42.89	2.93	$8,405
Feb 2015	0	2,616	44.66	2.98	$7,786
Jan 2015	0	2,869	43.43	3.10	$8,896
Dec 2014	0	3,189	54.69	3.59	$11,453
Nov 2014	0	2,577	70.46	4.25	$10,957
Oct 2014	0	2,987	78.30	3.90	$11,652
Sep 2014	72	3,060	86.16	4.05	$18,583
Aug 2014	0	2,931	89.39	4.04	$11,827
Jul 2014	0	2,797	96.56	4.18	$11,690
Jun 2014	0	2,852	98.16	4.74	$13,510
May 2014	0	2,994	94.73	4.73	$14,151
Apr 2014	0	3,116	95.94	4.81	$14,985
Mar 2014	0	2,782	95.89	5.06	$14,068
Feb 2014	98	2,595	97.40	6.19	$25,613
Jan 2014	0	2,869	90.40	4.86	$13,945
Dec 2013	0	2,962	91.82	4.35	$12,898
Nov 2013	0	2,866	88.85	3.74	$10,714
Oct 2013	0	3,074	97.42	3.78	$11,618
Sep 2013	0	3,020	104.11	3.72	$11,228
Aug 2013	0	2,991	104.25	3.52	$10,536
Jul 2013	0	3,148	102.52	3.72	$11,703
Jun 2013	0	3,035	94.40	3.93	$11,938
May 2013	0	3,057	94.83	4.15	$12,684
Apr 2013	0	3,037	93.96	4.28	$13,006
Mar 2013	0	3,084	93.62	3.91	$12,067
Feb 2013	0	2,987	91.23	3.42	$10,215
Jan 2013	0	3,282	91.60	3.42	$11,224
Dec 2012	0	3,487	86.77	3.42	$11,926
Nov 2012	0	3,204	86.95	3.62	$11,614
Oct 2012	0	3,034	89.38	3.40	$10,315
Sep 2012	0	3,170	94.67	2.92	$9,251
Aug 2012	0	3,306	92.66	2.91	$9,614
Jul 2012	0	3,326	85.13	3.02	$10,047
Jun 2012	0	3,277	79.82	2.52	$8,255
May 2012	0	3,394	91.61	2.49	$8,445
Apr 2012	0	3,217	101.65	2.00	$6,424
Mar 2012	0	3,379	105.05	2.22	$7,508
Feb 2012	0	3,166	101.10	2.57	$8,137
Jan 2012	0	3,521	98.09	2.73	$9,627
Dec 2011	0	3,056	96.87	3.24	$9,901
Nov 2011	85	3,258	95.72	3.31	$18,924
Oct 2011	0	2,789	84.98	3.65	$10,176
Sep 2011	0	3,118	83.62	3.99	$12,428
Aug 2011	0	2,525	83.40	4.15	$10,477
Jul 2011	0	2,737	94.14	4.52	$12,364
Jun 2011	0	2,989	92.90	4.64	$13,869
May 2011	0	2,931	98.13	4.40	$12,911
Apr 2011	0	3,187	105.96	4.33	$13,810
Mar 2011	0	3,413	96.36	4.06	$13,848
Feb 2011	0	3,116	85.64	4.18	$13,025
Jan 2011	0	3,371	86.50	4.59	$15,469
Dec 2010	0	3,492	85.73	4.35	$15,182
Nov 2010	0	3,375	80.84	3.80	$12,809
Oct 2010	0	3,546	78.10	3.51	$12,443
Sep 2010	0	3,342	72.63	3.98	$13,299
Aug 2010	74	3,319	73.68	4.42	$20,120
Jul 2010	0	3,613	72.55	4.74	$17,113
Jun 2010	0	3,584	70.36	4.91	$17,599
May 2010	0	3,801	71.12	4.24	$16,098
Apr 2010	0	3,795	81.69	4.12	$15,646
Mar 2010	0	4,032	78.39	4.39	$17,695
Feb 2010	0	3,512	73.58	5.44	$19,114
Jan 2010	0	3,932	74.36	5.96	$23,451
Dec 2009	0	2,886	71.44	5.48	$15,826
Nov 2009	0	3,929	74.59	3.75	$14,740
Oct 2009	0	4,055	72.54	4.11	$16,667
Sep 2009	0	4,020	65.54	3.06	$12,320
Aug 2009	0	4,258	67.42	3.22	$13,704
Jul 2009	0	4,244	61.13	3.46	$14,703
Jun 2009	60	4,054	66.16	3.90	$19,760
May 2009	0	4,242	54.74	3.93	$16,653
Apr 2009	0	4,122	46.77	3.59	$14,788
Mar 2009	0	4,221	42.14	4.06	$17,133
Feb 2009	0	3,877	32.81	4.63	$17,962
Jan 2009	0	4,358	35.86	5.37	$23,407
Dec 2008	0	4,409	37.10	5.98	$26,353
Nov 2008	0	4,445	55.49	6.86	$30,494
Oct 2008	0	3,992	75.24	6.92	$27,633
Sep 2008	0	4,301	101.76	7.88	$33,879
Aug 2008	79	4,531	114.22	8.48	$47,460
Jul 2008	0	4,541	131.08	11.39	$51,719
Jun 2008	0	4,458	131.33	13.03	$58,099
May 2008	0	5,083	123.17	11.57	$58,832
Apr 2008	0	3,832	110.31	10.45	$40,063
Mar 2008	0	5,794	101.90	9.66	$55,994
Feb 2008	0	4,496	92.53	8.77	$39,433
Jan 2008	0	4,725	90.38	8.21	$38,772
Dec 2007	0	4,822	88.33	7.30	$35,210
Nov 2007	0	4,694	91.67	7.29	$34,227
Oct 2007	124	4,889	82.85	6.92	$44,115
Sep 2007	0	4,810	75.84	6.24	$30,034
Aug 2007	0	5,005	69.06	6.39	$31,972
Jul 2007	0	4,958	70.90	6.39	$31,671
Jun 2007	0	4,890	62.00	7.55	$36,912
May 2007	0	5,083	58.74	7.85	$39,883
Apr 2007	0	5,006	59.61	7.81	$39,073
Mar 2007	0	5,020	56.92	7.30	$36,656
Feb 2007	0	4,856	55.10	8.22	$39,897
Jan 2007	0	5,066	50.30	6.73	$34,078
Dec 2006	0	5,443	56.65	6.92	$37,657
Nov 2006	0	5,263	54.20	7.62	$40,091
Oct 2006	0	5,562	54.90	6.01	$33,449
Sep 2006	0	5,545	60.08	5.04	$27,931
Aug 2006	0	5,483	68.71	7.34	$40,245
Jul 2006	0	5,689	69.37	6.34	$36,084
Jun 2006	0	5,558	66.28	6.38	$35,482
May 2006	0	5,943	66.01	6.42	$38,184
Apr 2006	0	5,715	64.39	7.36	$42,065
Mar 2006	60	5,925	56.70	7.08	$45,368
Feb 2006	0	5,415	57.59	7.75	$41,972
Jan 2006	0	6,156	60.59	8.93	$54,994
Dec 2005	0	5,890	54.94	13.42	$79,017
Nov 2005	0	5,917	54.69	10.59	$62,652
Oct 2005	0	6,685	58.34	13.80	$92,225
Sep 2005	57	6,531	61.45	12.08	$82,391
Aug 2005	0	5,891	61.51	9.80	$57,713
Jul 2005	0	6,231	55.69	7.84	$48,874
Jun 2005	0	6,101	52.33	7.38	$45,032
May 2005	0	6,130	45.22	6.65	$40,772
Apr 2005	0	6,299	49.20	7.36	$46,364
Mar 2005	0	6,487	50.37	7.15	$46,414
Feb 2005	0	6,240	45.22	6.31	$39,386
Jan 2005	0	6,649	43.16	6.32	$42,036
Dec 2004	40	7,196	39.86	6.75	$50,175
Nov 2004	0	6,379	45.28	6.33	$40,382
Oct 2004	0	8,419	49.70	6.52	$54,851
Sep 2004	0	3,801	43.24	5.28	$20,084
Aug 2004	143	7,446	42.37	5.55	$47,389
Jul 2004	0	7,064	38.28	6.08	$42,979
Jun 2004	0	7,219	36.10	6.43	$46,440
May 2004	0	7,708	37.48	6.49	$50,060
Apr 2004	0	7,461	34.47	5.86	$43,710
Mar 2004	0	7,822	34.36	5.53	$43,257
Feb 2004	0	7,885	32.45	5.51	$43,443
Jan 2004	0	7,818	32.03	6.30	$49,251
Dec 2003	0	6,935	30.26	6.30	$43,702
Nov 2003	0	7,146	28.80	4.60	$32,837
Oct 2003	0	7,959	28.17	4.76	$37,882
Sep 2003	0	7,885	26.31	4.75	$37,449
Aug 2003	102	8,784	29.76	5.13	$48,095
Jul 2003	0	6,426	29.41	5.17	$33,228
Jun 2003	0	7,887	28.56	5.98	$47,188
May 2003	0	9,456	26.59	5.97	$56,478
Apr 2003	0	8,812	26.67	5.41	$47,649
Mar 2003	0	5,765	31.14	6.10	$35,144
Feb 2003	0	6,256	33.48	7.93	$49,584
Jan 2003	0	7,455	30.31	5.58	$41,614
Dec 2002	0	9,721	26.91	4.85	$47,183
Nov 2002	0	8,368	24.66	4.14	$34,618
Oct 2002	0	8,924	26.46	4.23	$37,741
Sep 2002	95	9,103	27.44	3.64	$35,698
Aug 2002	0	16,549	25.96	3.16	$52,364
Jul 2002	0	9,645	24.58	3.06	$29,531
Jun 2002	0	9,741	23.73	3.34	$32,518
May 2002	0	10,265	24.66	3.58	$36,790
Apr 2002	0	10,169	23.65	3.51	$35,717
Mar 2002	0	12,727	22.00	3.10	$39,488
Feb 2002	0	10,490	18.22	2.38	$24,921
Jan 2002	60	13,270	17.17	2.38	$32,555
Dec 2001	0	11,231	16.93	2.36	$26,555
Nov 2001	0	14,292	18.07	2.41	$34,380
Oct 2001	0	15,860	19.78	2.53	$40,108
Sep 2001	0	19,462	24.26	2.25	$43,815
Aug 2001	0	22,706	24.87	3.05	$69,325
Jul 2001	202	20,279	23.93	3.20	$69,667
Jun 2001	0	14,868	24.56	3.82	$56,858
May 2001	0	21,306	25.52	4.31	$91,772
Apr 2001	176	24,948	24.68	5.34	$137,449
Mar 2001	0	38,732	24.54	5.38	$208,240
Feb 2001	0	49,856	27.75	5.77	$287,524

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.

Jan 2018 — as filed, then multipliedworked

Condensate            75 bbl  × $ 62.87 =     $4,715
Gas                    0 Mcf  × $  4.01 =         $0

────────────────────────────────────────────────────
Month total                                   $4,715

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. 04/G/181312 is the state's own key, not one this site invented.