FRANKS ESTATE

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

Gas lease lease 73295District 06Field 86233300NGPA filingCondensateGasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 102 leases and 102 wells, and the rule below applies to all of them.

Discovered
1976-10-13
as the register files it
Field class
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 40 acres. The field rule took effect on 2011-10-11.

The Commission's schedule remark for this field reads: FROM OCTOBER TO DECEMBER.

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
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
CondensateDisposition3,251 bbl$148,393
GasProduction602,229 Mcf$2,153,266
Total$2,301,659

151,270 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.7743, -94.3851. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77431, -94.38506 · 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
10,281 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 10,281 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-419301631 L10,281 ftJun 2011

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 (401)

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

401 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 20250062.743.08$0
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 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
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 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
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 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
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 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 20150048.152.95$0
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 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100872.633.98$32
Aug 20100073.684.42$0
Jul 201001,44372.554.74$6,835
Jun 201001,24570.364.91$6,113
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200903867.423.22$122
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 200901946.773.59$68
Mar 2009010542.144.06$426
Feb 200909932.814.63$459
Jan 20091279535.865.37$4,700
Dec 2008421,36537.105.98$9,717
Nov 2008501,24755.496.86$11,329
Oct 2008261,06475.246.92$9,321
Sep 2008471,462101.767.88$16,299
Aug 2008612,079114.228.48$24,604
Jul 2008431,875131.0811.39$26,992
Jun 2008631,871131.3313.03$32,658
May 2008512,581123.1711.57$36,155
Apr 2008482,917110.3110.45$35,792
Mar 2008443,382101.909.66$37,167
Feb 2008553,50192.538.77$35,795
Jan 2008584,40990.388.21$41,421
Dec 2007594,62688.337.30$38,990
Nov 2007775,60991.677.29$47,958
Oct 20071636,89182.856.92$61,204
Sep 200702,04775.846.24$12,782
Aug 20071626,60269.066.39$53,361
Jul 2007829,08870.906.39$63,867
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 200715050.306.73$755
Dec 20060056.656.92$0
Nov 200613645854.207.62$10,860
Oct 200601,91554.906.01$11,516
Sep 200601,94960.085.04$9,818
Aug 200601,95768.717.34$14,364
Jul 200602,25969.376.34$14,328
Jun 200602,18266.286.38$13,930
May 200601,98666.016.42$12,760
Apr 200602,76964.397.36$20,381
Mar 200602,01156.707.08$14,244
Feb 200602,09457.597.75$16,231
Jan 200602,36560.598.93$21,127
Dec 200502,22454.9413.42$29,836
Nov 200502,20054.6910.59$23,294
Oct 200502,33158.3413.80$32,158
Sep 200502,13761.4512.08$25,813
Aug 200502,19361.519.80$21,484
Jul 200502,49555.697.84$19,570
Jun 200502,44252.337.38$18,025
May 200502,67945.226.65$17,818
Apr 200502,75849.207.36$20,300
Mar 200502,77950.377.15$19,883
Feb 20051462,48145.226.31$22,262
Jan 200502,29943.166.32$14,535
Dec 200402,41939.866.75$16,331
Nov 200402,50145.286.33$15,832
Oct 200402,37449.706.52$15,467
Sep 200403,17243.245.28$16,761
Aug 200402,42542.375.55$13,460
Jul 200402,76938.286.08$16,847
Jun 200402,86336.106.43$18,418
May 200402,98037.486.49$19,354
Apr 200402,87334.475.86$16,831
Mar 200403,00634.365.53$16,624
Feb 200402,64332.455.51$14,562
Jan 200402,90432.036.30$18,294
Dec 200302,90430.266.30$18,300
Nov 200302,98328.804.60$13,707
Oct 200303,11628.174.76$14,831
Sep 200303,34226.314.75$15,872
Aug 200302,72429.765.13$13,973
Jul 200303,22829.415.17$16,691
Jun 200303,00128.565.98$17,955
May 200303,13326.595.97$18,712
Apr 200303,12026.675.41$16,871
Mar 200302,91531.146.10$17,770
Feb 200302,44833.487.93$19,403
Jan 200302,86830.315.58$16,009
Dec 200203,02726.914.85$14,692
Nov 200203,10724.664.14$12,854
Oct 200203,53026.464.23$14,929
Sep 200202,42027.443.64$8,797
Aug 200203,93925.963.16$12,464
Jul 200203,72424.583.06$11,402
Jun 200203,29023.733.34$10,983
May 20021673,87424.663.58$18,003
Apr 200203,81423.653.51$13,396
Mar 200203,50822.003.10$10,884
Feb 200203,32818.222.38$7,906
Jan 200203,19817.172.38$7,597
Dec 200103,34616.932.36$7,911
Nov 200102,62818.072.41$6,322
Oct 200104,25619.782.53$10,763
Sep 200102,73624.262.25$6,160
Aug 20011766,94924.873.05$25,594
Jul 200103,95823.933.20$12,654
Jun 200103,99924.563.82$15,293
May 200104,85225.524.31$20,899
Apr 200104,87124.685.34$25,988
Mar 200104,29024.545.38$23,065
Feb 200102,44227.755.77$14,083
Jan 200103,25327.478.40$27,321
Dec 200003,23326.889.12$29,493
Nov 200003,75532.215.66$21,246
Oct 200004,32831.235.15$22,270
Sep 200003,88931.875.19$20,170
Aug 200004,27529.644.54$19,412
Jul 200004,72528.534.09$19,324
Jun 200005,71429.304.40$25,126
May 200001,93027.263.68$7,102
Apr 200004,18824.513.12$13,050
Mar 200009628.422.86$275
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999020021.752.62$524
Aug 1999042619.262.88$1,225
Jul 1999010817.892.37$256
Jun 199904,15515.942.36$9,815
May 19991575,58615.792.32$15,444
Apr 199902,60315.102.21$5,748
Mar 199905,57812.471.84$10,254
Feb 199903,8229.981.82$6,948
Jan 199906,77010.381.90$12,863
Dec 199803,9779.201.77$7,052
Nov 199804,70210.892.19$10,277
Oct 19981564,42112.421.97$10,643
Sep 199803,21712.592.08$6,700
Aug 199805,18411.301.91$9,888
Jul 199804,81311.742.24$10,768
Jun 199803,90911.242.24$8,745
May 199802,90812.622.21$6,416
Apr 199804,32113.042.51$10,826
Mar 199802,69512.802.31$6,224
Feb 199804,48213.952.30$10,305
Jan 19981547,51914.702.15$18,466
Dec 199703,32816.322.41$8,024
Nov 199704,45418.193.09$13,755
Oct 199704,68019.253.15$14,741
Sep 199703,93717.742.95$11,633
Aug 199707,49717.862.55$19,153
Jul 199705,81017.582.25$13,055
Jun 199704,48717.242.26$10,128
May 199706,45518.972.31$14,901
Apr 199705,52517.882.08$11,507
Mar 19971495,05018.951.94$12,616
Feb 199703,61720.492.21$7,979
Jan 199704,20923.483.54$14,899
Dec 199604,43123.32$0
Nov 199604,22521.97$0
Oct 199602,87323.31$0
Sep 199602,33122.22$0
Aug 199603,13120.26$0
Jul 199603,48119.55$0
Jun 19961753,76418.73$3,278
May 199603,67519.43$0
Apr 199603,21821.51$0
Mar 199603,51519.38$0
Feb 199602,82216.98$0
Jan 199602,65117.07$0
Dec 199502,88817.19$0
Nov 199502,14216.00$0
Oct 199502,48915.43$0
Sep 199512,55516.18$16
Aug 19951463,24315.92$2,324
Jul 199503,03615.24$0
Jun 199502,19116.41$0
May 199502,61917.56$0
Apr 199502,97517.73$0
Mar 199502,66316.44$0
Feb 199503,46116.58$0
Jan 199502,82615.92$0
Dec 199402,85415.03$0
Nov 199403,33615.90$0
Oct 199403,37015.58$0
Sep 19941742,97415.29$2,660
Aug 199403,03316.13$0
Jul 199402,88717.56$0
Jun 199402,86517.09$0
May 199401,59115.88$0
Apr 199403,19614.14$0
Mar 199403,33412.46$0
Feb 199402,72312.50$0
Jan 199403,47412.66$0
Dec 199303,20612.33$0
Nov 199303,51714.49$0
Oct 19931733,56715.85$2,742
Sep 199302,61815.03$0
Aug 199303,44015.66$0
Jul 199303,71515.46$0
Jun 199303,05416.79$0
May 199303,31017.68$0
Apr 199305,50518.05$0
Mar 199303,92418.14$0
Feb 199302,84417.90$0
Jan 19931833,72816.93$3,098

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 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 72.63 =         $0
Gas                    8 Mcf  × $  3.98 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/73295 is the state's own key, not one this site invented.