FRANKLIN "23"

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38157District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$22.3 M
Feb 2007 – May 2026
Value, last 12 filed months
$847 k
at the published price for each month
Months reported
232
no gaps in the span
Streams
2
oil, casinghead 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and 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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition286,236 bbl$20,974,360
Casinghead gasProduction299,173 Mcf$1,333,626
Total$22,307,985

Wells on this lease (3)

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 32.3467, -101.8603. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.34646, -101.86046 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,717 ft
3 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.
3100.0%

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

Between 10,700 and 11,556 ft, median 10,717 ft, over the 3 wells that filed a depth.

Completions filed
Mar 2007 – Sep 2012
3 of 3 wells

3 wells

42-31736302311,556 ftSep 2012
42-31734735210,700 ftJun 2007
42-31734734110,717 ftMar 2007

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 (232)

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

232 months

May 20261,240214106.413.05$132,600
Apr 20262,59611598.932.87$257,152
Mar 20261,22814989.753.15$110,682
Feb 20260063.503.75$0
Jan 2026714059.138.00$42,219
Dec 2025707756.664.41$40,090
Nov 2025530058.593.93$31,053
Oct 2025705059.383.30$41,863
Sep 2025690162.743.08$43,294
Aug 2025872063.933.01$55,747
Jul 2025689066.743.32$45,984
Jun 2025692066.483.13$46,004
May 2025881060.553.23$53,345
Apr 2025702562.363.54$43,794
Mar 202585645567.704.27$59,893
Feb 202568987170.884.34$52,617
Jan 20258621,10974.324.28$68,809
Dec 20241,2381,11668.993.12$88,893
Nov 20241,0601,08069.052.20$75,567
Oct 202470670071.372.28$51,984
Sep 202452055669.612.36$37,512
Aug 20241,19894175.632.06$92,547
Jul 202468574079.932.15$56,341
Jun 20241,04781878.082.63$83,904
May 202488659178.812.20$71,125
Apr 202451948684.451.66$44,636
Mar 202468330080.301.55$55,308
Feb 202419516476.091.78$15,130
Jan 202435012673.023.30$25,973
Dec 202336246671.262.61$27,013
Nov 202389957077.892.81$71,623
Oct 20231,04258685.443.09$90,838
Sep 20231,06733689.042.74$95,925
Aug 20231,2469380.522.67$100,577
Jul 20231,1099374.852.64$83,254
Jun 20237039068.962.26$48,682
May 20239259370.622.23$65,531
Apr 20236119078.122.24$47,933
Mar 20233749372.852.39$27,468
Feb 202335411175.112.47$26,863
Jan 20230076.533.39$0
Dec 202238929476.415.73$31,408
Nov 202218311385.005.65$16,193
Oct 202253440787.185.86$48,941
Sep 202256143284.888.16$51,144
Aug 2022739094.529.13$69,850
Jul 20225290101.587.54$53,736
Jun 202216781115.097.98$19,866
May 2022161280109.378.43$19,970
Apr 2022333354104.226.84$37,126
Mar 2022813431108.885.08$90,707
Feb 202223691.054.86$357
Jan 202233011881.844.54$27,543
Dec 202164940071.323.90$47,846
Nov 202182249477.435.24$66,234
Oct 20216661,11579.795.71$59,511
Sep 20218291,02869.865.35$63,415
Aug 20218231,15066.024.22$59,188
Jul 20219201,25870.783.98$70,127
Jun 20211,0081,24669.493.38$74,258
May 20219911,12863.483.02$66,313
Apr 202165496460.362.76$42,135
Mar 20211,16051461.302.72$72,505
Feb 202167062857.805.55$42,210
Jan 20211,19171150.412.81$62,036
Dec 20201,01074544.642.68$47,080
Nov 202098767138.772.71$40,082
Oct 202086656836.972.48$33,424
Sep 202099552637.091.99$37,952
Aug 202055753839.982.39$23,552
Jul 202099470438.371.83$39,425
Jun 202094781334.901.69$34,425
May 20201,01064716.921.81$18,263
Apr 20201,15831314.751.80$17,645
Mar 20201,34162930.341.86$41,854
Feb 202079131149.881.98$40,071
Jan 202083221857.252.09$48,089
Dec 20191,391059.012.30$82,083
Nov 20191,02012355.302.75$56,744
Oct 201969171853.472.42$38,684
Sep 20191,36710155.052.66$75,522
Aug 20191,4982053.112.30$79,605
Jul 2019876056.272.46$49,293
Jun 2019514052.782.49$27,129
May 20196824958.482.74$40,018
Apr 20197051262.632.75$44,187
Mar 20197031156.803.06$39,964
Feb 20191,41010350.852.79$71,986
Jan 20191,55317446.033.23$72,046
Dec 20181,2295446.594.19$57,485
Nov 20181,3961152.934.24$73,937
Oct 20181,5655261.443.40$96,330
Sep 20181,40724859.543.11$84,544
Aug 20181,59430359.403.07$95,613
Jul 20181,8926965.142.93$123,447
Jun 20181,0573460.183.08$63,715
May 20181,0836965.382.90$71,007
Apr 20181,60733563.842.90$103,563
Mar 201834946061.222.79$22,648
Feb 201871459461.782.77$45,754
Jan 20188771,31262.874.01$60,397
Dec 20178641,40157.272.92$53,574
Nov 20171,0311,50355.423.12$61,825
Oct 20176911,23649.292.98$37,747
Sep 201770180147.523.09$35,784
Aug 20178651,10045.373.00$42,550
Jul 20171,0151,27343.873.09$48,458
Jun 201768498842.493.09$32,113
May 201768499645.373.26$34,283
Apr 20176841,04947.933.21$36,153
Mar 20176851,23346.772.98$35,716
Feb 201751586350.452.95$28,530
Jan 201734539249.413.42$18,387
Dec 201652250348.763.72$27,325
Nov 20168471,22342.492.64$39,223
Oct 20165091,51446.193.09$28,189
Sep 20164801,42941.553.10$24,375
Aug 20161,0281,16041.442.92$45,993
Jul 20168332,10941.622.92$40,837
Jun 20168711,81245.352.69$44,367
May 20161,2122,37942.521.99$56,271
Apr 20168191,88536.561.99$33,696
Mar 20161,0452,23533.011.79$38,505
Feb 20161,1772,29126.472.06$35,883
Jan 20161,0422,61327.352.36$34,677
Dec 20151,1712,67332.362.00$43,243
Nov 20151,0642,32138.792.17$46,303
Oct 20151,0091,89443.552.43$48,538
Sep 20158591,71542.992.76$41,659
Aug 20158512,08740.162.87$40,171
Jul 20156571,44148.152.95$35,878
Jun 20151,2132,34556.152.88$74,870
May 20158462,31855.212.96$53,558
Apr 20151,1912,28949.822.71$65,531
Mar 20151,1751,93742.892.93$56,080
Feb 20158812,25244.662.98$46,048
Jan 20151,2081,59343.433.10$57,403
Dec 20141,1911,66654.693.59$71,119
Nov 20141,0131,58870.464.25$78,128
Oct 20141,3561,14478.303.90$110,638
Sep 20141,17867286.164.05$104,215
Aug 20141,1939889.394.04$107,038
Jul 20141,203096.564.18$116,162
Jun 20141,37077698.164.74$138,155
May 20141,0451,98494.734.73$108,370
Apr 20148721,91995.944.81$92,888
Mar 20141,0302,09995.895.06$109,381
Feb 20148612,05997.406.19$96,611
Jan 20141,1501,42890.404.86$110,901
Dec 20131,1061,50791.824.35$108,115
Nov 20131,0352,41888.853.74$100,999
Oct 20131,3732,68397.423.78$143,898
Sep 20131,0251,328104.113.72$111,650
Aug 20131,036676104.253.52$110,384
Jul 20131,2122,533102.523.72$133,671
Jun 20131,1641,86594.403.93$117,217
May 20131,1792,03594.834.15$120,248
Apr 20131,3361,37293.964.28$131,406
Mar 20131,9302,96193.623.91$192,273
Feb 20135521,89291.233.42$56,829
Jan 20132,1494,21591.603.42$211,263
Dec 20122,2683,96486.773.42$210,352
Nov 20122,3213,18886.953.62$213,367
Oct 20121,5851,56389.383.40$146,981
Sep 20128296794.672.92$78,677
Aug 20128623692.662.91$79,978
Jul 201267615685.133.02$58,019
Jun 201280492979.822.52$66,515
May 20121,1863,25891.612.49$116,756
Apr 20121,3772,602101.652.00$145,168
Mar 20121,0522,558105.052.22$116,197
Feb 20121,0822,589101.102.57$116,045
Jan 20121,0942,79898.092.73$114,960
Dec 20111,2722,50196.873.24$131,321
Nov 20111,0612,11795.723.31$108,569
Oct 20111,2471,24784.983.65$110,520
Sep 20111,4392,16983.623.99$128,974
Aug 20111,0611,43283.404.15$94,429
Jul 20118852,39094.144.52$94,110
Jun 20111,24222492.904.64$116,421
May 20111,2681,38598.134.40$130,530
Apr 20111,379179105.964.33$146,895
Mar 20111,373096.364.06$132,302
Feb 20111,19139185.644.18$103,632
Jan 20111,24111586.504.59$107,874
Dec 20101,53248485.734.35$133,443
Nov 20101,7142,08080.843.80$146,454
Oct 20101,4062,31978.103.51$117,946
Sep 20101,4061,70072.633.98$108,883
Aug 20101,39994273.684.42$107,241
Jul 20101,3681,68372.554.74$107,220
Jun 20101,2172,08770.364.91$95,876
May 20101,1712,20571.124.24$92,620
Apr 20105401,48081.694.12$50,214
Mar 20101,3853,02878.394.39$121,859
Feb 20101,6022,91273.585.44$133,723
Jan 20101,3642,97574.365.96$119,170
Dec 20091,7373,17271.445.48$141,486
Nov 20091,6803,12774.593.75$137,042
Oct 20091,6042,89272.544.11$128,241
Sep 20091,8853,36565.543.06$133,856
Aug 20091,6993,39867.423.22$125,483
Jul 20092,2413,68261.133.46$149,749
Jun 20091,7573,34066.163.90$129,252
May 20092,0683,70054.743.93$127,728
Apr 20092,3623,16446.773.59$121,822
Mar 20091,8362,25042.144.06$86,502
Feb 20092,2562,64332.814.63$86,264
Jan 20091,5612,38535.865.37$68,787
Dec 20082,1052,69037.105.98$94,174
Nov 20082,0732,93055.496.86$135,132
Oct 20082,3532,31575.246.92$193,064
Sep 20083,3071,078101.767.88$345,012
Aug 20083,0694,273114.228.48$386,789
Jul 20082,8712,443131.0811.39$404,155
Jun 20083,5163,192131.3313.03$503,356
May 20082,8932,731123.1711.57$387,940
Apr 20082,046794110.3110.45$233,995
Mar 20082,7722,235101.909.66$304,066
Feb 20083,2332,09092.538.77$317,480
Jan 20084,1693,06790.388.21$401,961
Dec 20074,1453,78588.337.30$393,766
Nov 20073,0683,41891.677.29$306,167
Oct 20074,2943,80282.856.92$382,075
Sep 20074,9424,95975.846.24$405,766
Aug 20075,4104,85569.066.39$404,628
Jul 20074,9723,11570.906.39$372,413
Jun 20074,4493,98262.007.55$305,896
May 20072,5952,20758.747.85$169,747
Apr 20072,4641,82759.617.81$161,139
Mar 200784886156.927.30$54,555
Feb 20070055.108.22$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.

May 2026 — as filed, then multipliedworked
Oil                1,240 bbl  × $106.41 =   $131,948
Casinghead gas       214 Mcf  × $  3.05 =       $652

────────────────────────────────────────────────────
Month total                                 $132,600

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. 08/O/38157 is the state's own key, not one this site invented.