FRANKE

Operated by AETHON ENERGY OPERATING LLC (P-5 8555) in the HUXLEY (6100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235949District 06Field 439408502 tax incentive programmesCondensateGasSaveExport
Value, all time
$877 k
Apr 2008 – May 2016
Value, last 12 filed months
$722
at the published price for each month
Months reported
98
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 157 leases and 157 wells, and the rule below applies to all of them.

Discovered
1980-12-31
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 40 acres. The field rule took effect on 2006-12-05.

The Commission's schedule remark for this field reads: OPTIONS ADOPTED.

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 Gas112009-06-15184052
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
CondensateDisposition33 bbl$2,652
GasProduction133,548 Mcf$874,690
Total$877,342

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 31.7453, -94.1262. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74530, -94.12619 · 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
6,537 ft
1 wells filed one
Completion to plug
6.7 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 6,537 ft.

Completions filed
Apr 2008
1 of 1 wells
Plug dates filed
Dec 2014
1 of 1 wells

Last completion to plug: a median of 6.7 years across the 1 well that filed both dates, with the middle half between 6.7 years and 6.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-419312241H6,537 ftApr 2008Dec 2014Yes

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 (98)

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

98 months

May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201515048.152.95$722
Jun 20150056.152.88$0
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 2014047754.693.59$1,713
Nov 201401,18670.464.25$5,043
Oct 20140078.303.90$0
Sep 201406686.164.05$267
Aug 201402489.394.04$97
Jul 2014029696.564.18$1,237
Jun 2014072298.164.74$3,420
May 2014072894.734.73$3,441
Apr 2014083095.944.81$3,992
Mar 2014089895.895.06$4,541
Feb 201401,12797.406.19$6,978
Jan 201401,05290.404.86$5,113
Dec 2013085591.824.35$3,723
Nov 2013074588.853.74$2,785
Oct 2013079897.423.78$3,016
Sep 20130822104.113.72$3,056
Aug 20130769104.253.52$2,709
Jul 20130796102.523.72$2,959
Jun 2013080494.403.93$3,162
May 2013078094.834.15$3,236
Apr 2013085293.964.28$3,649
Mar 2013089093.623.91$3,482
Feb 201301,03291.233.42$3,529
Jan 2013094891.603.42$3,242
Dec 201201,20486.773.42$4,118
Nov 201201,17086.953.62$4,241
Oct 201201,21489.383.40$4,127
Sep 2012094994.672.92$2,770
Aug 201201,17192.662.91$3,405
Jul 2012094185.133.02$2,843
Jun 2012096579.822.52$2,431
May 201201,08391.612.49$2,695
Apr 20120887101.652.00$1,771
Mar 20120944105.052.22$2,098
Feb 20120743101.102.57$1,910
Jan 201201,17298.092.73$3,204
Dec 2011180696.873.24$2,708
Nov 2011095895.723.31$3,172
Oct 201101,01184.983.65$3,689
Sep 2011097283.623.99$3,874
Aug 201101,08983.404.15$4,519
Jul 201101,00394.144.52$4,531
Jun 201101,09592.904.64$5,081
May 201101,14998.134.40$5,061
Apr 201101,050105.964.33$4,550
Mar 2011086796.364.06$3,518
Feb 2011099085.644.18$4,138
Jan 201101,20986.504.59$5,548
Dec 201001,34985.734.35$5,865
Nov 201001,02280.843.80$3,879
Oct 2010075078.103.51$2,632
Sep 201001,13172.633.98$4,501
Aug 201001,35973.684.42$6,006
Jul 201001,29072.554.74$6,110
Jun 2010074670.364.91$3,663
May 201001,41371.124.24$5,984
Apr 201001,44281.694.12$5,945
Mar 201001,23078.394.39$5,398
Feb 201001,22673.585.44$6,672
Jan 201001,60474.365.96$9,566
Dec 200902,09271.445.48$11,472
Nov 200901,16574.593.75$4,371
Oct 200901,73272.544.11$7,119
Sep 200902,21065.543.06$6,773
Aug 200912,44067.423.22$7,921
Jul 200902,15061.133.46$7,449
Jun 200901,98166.163.90$7,716
May 200901,92954.743.93$7,573
Apr 200901,98846.773.59$7,132
Mar 200901,34142.144.06$5,443
Feb 200901,02732.814.63$4,758
Jan 200901,53135.865.37$8,223
Dec 200801,91537.105.98$11,446
Nov 200802,43255.496.86$16,684
Oct 200803,11775.246.92$21,576
Sep 200803,895101.767.88$30,681
Aug 200804,010114.228.48$34,017
Jul 200804,234131.0811.39$48,223
Jun 200808,495131.3313.03$110,712
May 200804,437123.1711.57$51,355
Apr 20081622,726110.3110.45$239,362

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.

Jul 2015 — as filed, then multipliedworked
Condensate            15 bbl  × $ 48.15 =       $722
Gas                    0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                     $722

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/235949 is the state's own key, not one this site invented.