FRANKS ESTATE

Operated by SHERIDAN PRODUCTION CO III, LLC (P-5 775851) in the STOCKMAN (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 185042District 06Field 862335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Jul 2001 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
299
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 93 leases and 93 wells, and the rule below applies to all of them.

Discovered
1976-10-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 0 acres. The field rule took effect on 2006-05-16.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112008-01-03179711
NGPA3none

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
CondensateDisposition24,158 bbl$1,217,686
GasProduction1,106,589 Mcf$4,723,087
Total$5,940,773

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 31.7783, -94.3953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77829, -94.39528 · 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
9,105 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 9,105 ft.

Completions filed
Jul 2001
1 of 1 wells

1 well

42-4193079529,105 ftJul 2001

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 (299)

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

299 months

May 2026037106.413.05$113
Apr 202605798.932.87$164
Mar 202606289.753.15$195
Feb 202607063.503.75$263
Jan 202605759.138.00$456
Dec 202507356.664.41$322
Nov 202507458.593.93$291
Oct 202505559.383.30$182
Sep 202505262.743.08$160
Aug 202506763.933.01$202
Jul 202505766.743.32$189
Jun 20250666.483.13$19
May 202508460.553.23$272
Apr 202504362.363.54$152
Mar 202506567.704.27$277
Feb 202517270.884.34$383
Jan 202505974.324.28$252
Dec 202416668.993.12$275
Nov 202417669.052.20$236
Oct 202427671.372.28$316
Sep 202417069.612.36$235
Aug 202425675.632.06$267
Jul 202416279.932.15$213
Jun 202414678.082.63$199
May 202407378.812.20$160
Apr 2024010784.451.66$178
Mar 2024011380.301.55$175
Feb 202416076.091.78$183
Jan 202404773.023.30$155
Dec 202305171.262.61$133
Nov 202303777.892.81$104
Oct 202304885.443.09$148
Sep 202305789.042.74$156
Aug 202303780.522.67$99
Jul 202302074.852.64$53
Jun 202301568.962.26$34
May 202316670.622.23$218
Apr 202303278.122.24$72
Mar 202316072.852.39$216
Feb 202319475.112.47$307
Jan 202337876.533.39$494
Dec 2022210176.415.73$731
Nov 2022210785.005.65$774
Oct 202229787.185.86$743
Sep 2022211484.888.16$1,100
Aug 202219594.529.13$962
Jul 20221125101.587.54$1,044
Jun 20221131115.097.98$1,160
May 20222117109.378.43$1,205
Apr 202224104.226.84$236
Mar 20223103108.885.08$850
Feb 202249091.054.86$802
Jan 2022212281.844.54$717
Dec 2021812271.323.90$1,046
Nov 202137577.435.24$625
Oct 2021312379.795.71$942
Sep 2021313269.865.35$916
Aug 2021411066.024.22$728
Jul 2021415570.783.98$900
Jun 202168469.493.38$701
May 2021510863.483.02$643
Apr 202148160.362.76$465
Mar 2021827161.302.72$1,227
Feb 2021445657.805.55$2,761
Jan 2021543950.412.81$1,486
Dec 20201056644.642.68$1,961
Nov 2020956238.772.71$1,870
Oct 2020959036.972.48$1,795
Sep 2020676337.091.99$1,742
Aug 20201069539.982.39$2,057
Jul 20201097238.371.83$2,158
Jun 202081,04334.901.69$2,042
May 202041,00616.921.81$1,893
Apr 202051,21514.751.80$2,266
Mar 202041,11830.341.86$2,197
Feb 202001,21249.881.98$2,401
Jan 2020035757.252.09$748
Dec 201901559.012.30$35
Nov 201903755.302.75$102
Oct 201908853.472.42$213
Sep 201908055.052.66$213
Aug 2019019953.112.30$459
Jul 2019030756.272.46$755
Jun 2019014252.782.49$354
May 2019012158.482.74$332
Apr 2019015062.632.75$413
Mar 201906056.803.06$184
Feb 2019011150.852.79$310
Jan 2019180946.033.23$2,658
Dec 201831,19446.594.19$5,137
Nov 2018559052.934.24$2,765
Oct 2018310361.443.40$534
Sep 2018527259.543.11$1,143
Aug 2018319459.403.07$773
Jul 201827265.142.93$341
Jun 201857460.183.08$529
May 20181639565.382.90$2,192
Apr 2018753963.842.90$2,010
Mar 2018714261.222.79$824
Feb 2018756761.782.77$2,001
Jan 201873862.874.01$592
Dec 2017269357.272.92$2,139
Nov 2017026955.423.12$839
Oct 2017079349.292.98$2,366
Sep 2017011647.523.09$358
Aug 2017059145.373.00$1,776
Jul 2017022443.873.09$692
Jun 2017019042.493.09$587
May 2017020545.373.26$669
Apr 2017021947.933.21$703
Mar 201708546.772.98$254
Feb 2017018750.452.95$552
Jan 2017026249.413.42$896
Dec 2016025248.763.72$938
Nov 2016012242.492.64$323
Oct 2016023846.193.09$735
Sep 2016016641.553.10$515
Aug 2016014041.442.92$409
Jul 2016013641.622.92$398
Jun 2016014845.352.69$398
May 2016020842.521.99$414
Apr 2016013236.561.99$263
Mar 201606533.011.79$117
Feb 2016013426.472.06$277
Jan 2016021627.352.36$511
Dec 2015019732.362.00$394
Nov 2015014438.792.17$312
Oct 2015017643.552.43$427
Sep 2015016042.992.76$441
Aug 2015033940.162.87$974
Jul 2015050948.152.95$1,499
Jun 2015041556.152.88$1,196
May 2015051655.212.96$1,525
Apr 2015061349.822.71$1,659
Mar 2015097342.892.93$2,855
Feb 201501,45644.662.98$4,333
Jan 201501,63443.433.10$5,066
Dec 201402,06654.693.59$7,420
Nov 201402,10070.464.25$8,929
Oct 201402,14378.303.90$8,360
Sep 201402,33886.164.05$9,458
Aug 2014172,40489.394.04$11,220
Jul 2014382,46796.564.18$13,980
Jun 2014502,49598.164.74$16,727
May 2014332,51794.734.73$15,023
Apr 2014432,68195.944.81$17,019
Mar 2014502,73595.895.06$18,625
Feb 2014172,34697.406.19$16,182
Jan 2014332,81390.404.86$16,656
Dec 2013252,86491.824.35$14,767
Nov 2013322,92588.853.74$13,778
Oct 2013332,66397.423.78$13,279
Sep 2013332,715104.113.72$13,529
Aug 2013342,952104.253.52$13,943
Jul 2013503,204102.523.72$17,038
Jun 2013202,30294.403.93$10,943
May 2013262,15294.834.15$11,394
Apr 2013521,79093.964.28$12,552
Mar 2013822,83793.623.91$18,778
Feb 2013182,60491.233.42$10,548
Jan 2013462,92191.603.42$14,203
Dec 2012362,94186.773.42$13,182
Nov 2012412,86386.953.62$13,943
Oct 2012392,87089.383.40$13,243
Sep 2012372,77494.672.92$11,598
Aug 2012542,47192.662.91$12,190
Jul 2012971,47485.133.02$12,710
Jun 2012862,62879.822.52$13,485
May 2012972,55891.612.49$15,251
Apr 20121222,656101.652.00$17,705
Mar 2012442,607105.052.22$10,415
Feb 20121562,895101.102.57$23,212
Jan 2012642,72198.092.73$13,717
Dec 20111231,78996.873.24$17,711
Nov 20111032,05795.723.31$16,670
Oct 2011692,96184.983.65$16,667
Sep 2011832,91283.623.99$18,547
Aug 2011792,17383.404.15$15,605
Jul 2011562,46594.144.52$16,407
Jun 2011732,58292.904.64$18,762
May 2011562,42998.134.40$16,195
Apr 2011581,183105.964.33$11,272
Mar 2011893,13096.364.06$21,276
Feb 2011702,62085.644.18$16,946
Jan 2011703,31786.504.59$21,276
Dec 20101272,68685.734.35$22,566
Nov 20101213,49480.843.80$23,043
Oct 20101113,50378.103.51$20,961
Sep 20101233,29572.633.98$22,046
Aug 20101483,52273.684.42$26,470
Jul 20101483,29172.554.74$26,325
Jun 2010933,60070.364.91$24,221
May 20101963,61671.124.24$29,254
Apr 20101063,59281.694.12$23,468
Mar 20101063,82278.394.39$25,083
Feb 20101513,57173.585.44$30,545
Jan 20101453,88174.365.96$33,929
Dec 20091203,93671.445.48$30,157
Nov 20091763,83474.593.75$27,511
Oct 2009373,77872.544.11$18,213
Sep 20091133,55865.543.06$18,310
Aug 2009813,58667.423.22$17,003
Jul 2009663,16161.133.46$14,986
Jun 20091173,48866.163.90$21,326
May 20091343,62854.743.93$21,578
Apr 20091433,66446.773.59$19,833
Mar 20091633,83242.144.06$22,423
Feb 20091903,51432.814.63$22,514
Jan 20092093,81035.865.37$27,958
Dec 20081203,67537.105.98$26,418
Nov 20081443,90155.496.86$34,753
Oct 2008794,82175.246.92$39,315
Sep 20081334,902101.767.88$52,148
Aug 20081684,249114.228.48$55,233
Jul 20081245,079131.0811.39$74,101
Jun 20081724,472131.3313.03$80,871
May 20081293,512123.1711.57$56,538
Apr 20081004,266110.3110.45$55,631
Mar 2008785,033101.909.66$56,587
Feb 2008975,27292.538.77$55,214
Jan 20081026,01690.388.21$58,584
Dec 20071045,21388.337.30$47,251
Nov 20071254,20391.677.29$42,106
Oct 20072533,73182.856.92$46,787
Sep 20073502,26275.846.24$40,668
Aug 200701,27769.066.39$8,157
Jul 200709170.906.39$581
Jun 2007079062.007.55$5,963
May 2007080458.747.85$6,308
Apr 20073561,97259.617.81$36,613
Mar 20071701,85456.927.30$23,214
Feb 200702,73655.108.22$22,479
Jan 20071622,93050.306.73$27,858
Dec 20061692,57556.656.92$27,389
Nov 200617883554.207.62$16,008
Oct 20061572,91554.906.01$26,150
Sep 200602,24060.085.04$11,283
Aug 200602,01068.717.34$14,753
Jul 20061481,47069.376.34$19,591
Jun 20061492,57266.286.38$26,295
May 20061763,07166.016.42$31,349
Apr 20061631,87764.397.36$24,311
Mar 20061682,55356.707.08$27,608
Feb 20061573,46557.597.75$35,899
Jan 20061863,79260.598.93$45,145
Dec 20051384,25454.9413.42$64,651
Nov 20051474,01154.6910.59$50,510
Oct 20051544,59258.3413.80$72,334
Sep 20053122,93761.4512.08$54,648
Aug 20053084,97861.519.80$67,714
Jul 20051544,71755.697.84$45,575
Jun 20051592,67552.337.38$28,065
May 20051674,57245.226.65$37,961
Apr 20051695,51449.207.36$48,900
Mar 20051686,23250.377.15$53,051
Feb 20053273,86445.226.31$39,176
Jan 20053355,00943.166.32$46,127
Dec 200404,07539.866.75$27,511
Nov 20041414,62545.286.33$35,663
Oct 20041721,30149.706.52$17,025
Sep 20041376,84443.245.28$42,087
Aug 20041737,17642.375.55$47,162
Jul 20041747,70238.286.08$53,521
Jun 20041788,50536.106.43$61,139
May 20045008,78637.486.49$75,801
Apr 200403,29134.475.86$19,280
Mar 200402,78134.365.53$15,379
Feb 200401,11432.455.51$6,138
Jan 2004011432.036.30$718
Dec 200317676430.266.30$10,140
Nov 20031545,50928.804.60$29,750
Oct 200307,33928.174.76$34,931
Sep 20031647,88026.314.75$41,740
Aug 200306,85329.765.13$35,154
Jul 20033347,29329.415.17$47,534
Jun 20031726,86528.565.98$45,985
May 20031528,67526.595.97$55,855
Apr 20031769,06026.675.41$53,684
Mar 200306,49931.146.10$39,618
Feb 20031817,42133.487.93$64,878
Jan 200317912,13030.315.58$73,136
Dec 200218113,39726.914.85$69,897
Nov 2002014,30524.664.14$59,179
Oct 200217615,77026.464.23$71,350
Sep 200217913,03527.443.64$52,297
Aug 200218216,52925.963.16$57,025
Jul 200233218,24724.583.06$64,028
Jun 200218021,42423.733.34$75,790
May 200235925,54124.663.58$100,392
Apr 200235327,44623.653.51$104,748
Mar 200254332,12722.003.10$111,627
Feb 200236534,82318.222.38$89,379
Jan 200273845,42817.172.38$120,594
Dec 200155152,24916.932.36$132,866
Nov 200173157,57118.072.41$151,697
Oct 20011,44167,75819.782.53$199,855
Sep 20011,27168,45924.262.25$184,958
Aug 200135429,80624.873.05$99,806
Jul 200101,38923.933.20$4,441

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             0 bbl  × $106.41 =         $0
Gas                   37 Mcf  × $  3.05 =       $113

────────────────────────────────────────────────────
Month total                                     $113

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. 06/G/185042 is the state's own key, not one this site invented.