ALBRECHT UNIT

Operated by KRC OPERATING, LLC (P-5 476900) in the MOBIL-DAVID (FRIO 12,600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 267243District 04Field 622627002 tax incentive programmesCondensateGasSaveExport
Value, all time
$921 k
Feb 2012 – Jan 2019
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
84
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 28 leases and 28 wells, and the rule below applies to all of them.

Discovered
2004-08-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/2005.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112013-09-11210450
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition9,873 bbl$824,500
GasProduction34,598 Mcf$96,377
Total$920,877

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 27.6568, -97.4812. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.65679, -97.48117 · 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
14,030 ft
1 wells filed one
Completion to plug
13.8 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 14,030 ft.

Completions filed
Feb 2012
1 of 1 wells
Plug dates filed
Dec 2025
1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-35534047114,030 ftFeb 2012Dec 2025Yes

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 (84)

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

84 months

Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018129052.934.24$6,828
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 20180663.842.90$17
Mar 20180761.222.79$20
Feb 20180761.782.77$19
Jan 20180962.874.01$36
Dec 20170757.272.92$20
Nov 20170855.423.12$25
Oct 201701049.292.98$30
Sep 201701147.523.09$34
Aug 20170845.373.00$24
Jul 201701143.873.09$34
Jun 201701142.493.09$34
May 201701145.373.26$36
Apr 201701147.933.21$35
Mar 20171661446.772.98$7,806
Feb 20170750.452.95$21
Jan 201702849.413.42$96
Dec 201601748.763.72$63
Nov 201602442.492.64$63
Oct 201602946.193.09$90
Sep 201602341.553.10$71
Aug 20161756441.442.92$7,439
Jul 201603641.622.92$105
Jun 201605545.352.69$148
May 201601442.521.99$28
Apr 201603036.561.99$60
Mar 20163544433.011.79$11,764
Feb 201605526.472.06$114
Jan 201601427.352.36$33
Dec 201504132.362.00$82
Nov 20151935538.792.17$7,606
Oct 201505743.552.43$138
Sep 201505542.992.76$152
Aug 201505640.162.87$161
Jul 201505748.152.95$168
Jun 201505556.152.88$159
May 201503355.212.96$98
Apr 20153544849.822.71$17,766
Mar 201505842.892.93$170
Feb 201503244.662.98$95
Jan 201505543.433.10$171
Dec 201405954.693.59$212
Nov 201405670.464.25$238
Oct 201405578.303.90$215
Sep 201405586.164.05$223
Aug 20143545089.394.04$31,846
Jul 201405796.564.18$238
Jun 201405598.164.74$261
May 201406194.734.73$288
Apr 2014012095.944.81$577
Mar 201402095.895.06$101
Feb 201405297.406.19$322
Jan 20143606490.404.86$32,855
Dec 201305691.824.35$244
Nov 201307288.853.74$269
Oct 2013010197.423.78$382
Sep 20130101104.113.72$375
Aug 2013358117104.253.52$37,734
Jul 20130153102.523.72$569
Jun 201303994.403.93$153
May 201333616994.834.15$32,564
Apr 2013016593.964.28$707
Mar 201335417293.623.91$33,814
Feb 2013017691.233.42$602
Jan 20131801691.603.42$16,543
Dec 201217259186.773.42$16,946
Nov 20123621,16786.953.62$35,706
Oct 20123541,09689.383.40$35,367
Sep 20126821,02694.672.92$67,559
Aug 20123524,22492.662.91$44,900
Jul 20127294,84185.133.02$76,683
Jun 20121,2164,68379.822.52$108,858
May 20122,51411,59291.612.49$259,152
Apr 20121792,164101.652.00$22,516
Mar 201200105.052.22$0
Feb 201200101.102.57$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.

Nov 2018 — as filed, then multipliedworked
Condensate           129 bbl  × $ 52.93 =     $6,828
Gas                    0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                   $6,828

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/267243 is the state's own key, not one this site invented.