FRANKLIN FARMS "11"

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 38324District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$9.5 M
Jun 2007 – May 2026
Value, last 12 filed months
$161 k
at the published price for each month
Months reported
228
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
OilDisposition120,121 bbl$8,819,943
Casinghead gasProduction151,757 Mcf$716,282
Total$9,536,224

Wells on this lease (2)

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 32.3548, -101.8285. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.35478, -101.82846 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,107 ft
2 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.
2100.0%

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 11,081 and 11,132 ft, median 11,107 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2007 – Dec 2007
2 of 2 wells

2 wells

42-31734978211,081 ftDec 2007
42-31734872111,132 ftJun 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 (228)

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

228 months

May 202600106.413.05$0
Apr 2026179098.932.87$17,708
Mar 20260089.753.15$0
Feb 2026181063.503.75$11,494
Jan 2026181059.138.00$10,703
Dec 2025187056.664.41$10,595
Nov 20250058.593.93$0
Oct 2025355059.383.30$21,080
Sep 2025181062.743.08$11,356
Aug 2025410063.933.01$26,211
Jul 2025416066.743.32$27,764
Jun 2025360066.483.13$23,933
May 2025552060.553.23$33,424
Apr 2025404062.363.54$25,193
Mar 2025394067.704.27$26,674
Feb 2025361070.884.34$25,588
Jan 2025562074.324.28$41,768
Dec 2024355068.993.12$24,491
Nov 2024358069.052.20$24,720
Oct 20243552,32871.372.28$30,647
Sep 20243411,04469.612.36$26,205
Aug 20247264,54175.632.06$64,278
Jul 20243541,73879.932.15$32,026
Jun 2024207078.082.63$16,163
May 2024378078.812.20$29,790
Apr 20245262,82784.451.66$49,111
Mar 2024512080.301.55$41,114
Feb 20245513,35276.091.78$47,904
Jan 20247073.023.30$511
Dec 202318635471.262.61$14,179
Nov 2023349077.892.81$27,184
Oct 20235352,73385.443.09$54,148
Sep 20233392,54089.042.74$37,132
Aug 2023516080.522.67$41,548
Jul 20235412,72374.852.64$47,687
Jun 20235182,87468.962.26$42,212
May 202353811170.622.23$38,241
Apr 202335011078.122.24$27,588
Mar 202367911772.852.39$49,745
Feb 2023514075.112.47$38,607
Jan 2023709076.533.39$54,260
Dec 2022349076.415.73$26,667
Nov 2022520085.005.65$44,200
Oct 2022668087.185.86$58,236
Sep 2022339084.888.16$28,774
Aug 2022679094.529.13$64,179
Jul 20228420101.587.54$85,530
Jun 20225390115.097.98$62,034
May 20223510109.378.43$38,389
Apr 20226690104.226.84$69,723
Mar 20227010108.885.08$76,325
Feb 2022336091.054.86$30,593
Jan 2022200081.844.54$16,368
Dec 2021201071.323.90$14,335
Nov 2021180077.435.24$13,937
Oct 2021515079.795.71$41,092
Sep 2021175069.865.35$12,226
Aug 2021353066.024.22$23,305
Jul 2021338070.783.98$23,924
Jun 2021350069.493.38$24,322
May 2021675063.483.02$42,849
Apr 2021684060.362.76$41,286
Mar 2021848061.302.72$51,982
Feb 2021339057.805.55$19,594
Jan 2021692050.412.81$34,884
Dec 2020172044.642.68$7,678
Nov 2020520038.772.71$20,160
Oct 2020697036.972.48$25,768
Sep 2020515037.091.99$19,101
Aug 2020702039.982.39$28,066
Jul 2020690038.371.83$26,475
Jun 2020713034.901.69$24,884
May 20201016.921.81$17
Apr 2020509014.751.80$7,508
Mar 2020527030.341.86$15,989
Feb 2020538049.881.98$26,835
Jan 2020911057.252.09$52,155
Dec 2019708059.012.30$41,779
Nov 2019372055.302.75$20,572
Oct 2019520053.472.42$27,804
Sep 2019338055.052.66$18,607
Aug 2019317053.112.30$16,836
Jul 2019155056.272.46$8,722
Jun 2019496052.782.49$26,179
May 2019518058.482.74$30,293
Apr 2019689062.632.75$43,152
Mar 2019496056.803.06$28,173
Feb 2019188050.852.79$9,560
Jan 2019148046.033.23$6,812
Dec 2018167046.594.19$7,781
Nov 2018170052.934.24$8,998
Oct 2018472061.443.40$29,000
Sep 2018314059.543.11$18,696
Aug 2018313059.403.07$18,592
Jul 2018472065.142.93$30,746
Jun 2018334060.183.08$20,100
May 2018506065.382.90$33,082
Apr 201832911463.842.90$21,334
Mar 201816417161.222.79$10,517
Feb 201872943861.782.77$46,249
Jan 201819927762.874.01$13,622
Dec 201739252057.272.92$23,969
Nov 201750027855.423.12$28,577
Oct 201730914049.292.98$15,648
Sep 201748719447.523.09$23,741
Aug 201735730445.373.00$17,110
Jul 201751152943.873.09$24,051
Jun 201751852242.493.09$23,621
May 201786566145.373.26$41,402
Apr 20171,03687547.933.21$52,466
Mar 201752953746.772.98$26,344
Feb 201715614150.452.95$8,287
Jan 201770333349.413.42$35,874
Dec 201671044148.763.72$36,261
Nov 201669675942.492.64$31,580
Oct 20161,0561,02146.193.09$51,932
Sep 20161,5651,14141.553.10$68,564
Aug 201697465841.442.92$42,287
Jul 201635152241.622.92$16,135
Jun 201634161245.352.69$17,108
May 201618969042.521.99$9,410
Apr 201634465236.561.99$13,875
Mar 201634866333.011.79$12,677
Feb 201635457426.472.06$10,555
Jan 201635357827.352.36$11,021
Dec 201518055632.362.00$6,938
Nov 201535563138.792.17$15,138
Oct 201535973943.552.43$17,428
Sep 201534680042.992.76$17,081
Aug 201534686840.162.87$16,389
Jul 201550591448.152.95$27,008
Jun 201552388856.152.88$31,926
May 201517651755.212.96$11,245
Apr 201549359949.822.71$26,183
Mar 2015015742.892.93$461
Feb 201533539844.662.98$16,146
Jan 201513719643.433.10$6,558
Dec 201417230954.693.59$10,516
Nov 201435526870.464.25$26,153
Oct 201419315478.303.90$15,713
Sep 20141749086.164.05$15,356
Aug 2014351089.394.04$31,376
Jul 2014337096.564.18$32,541
Jun 20141735498.164.74$17,237
May 201431429194.734.73$31,121
Apr 201415939295.944.81$17,140
Mar 201434767895.895.06$36,702
Feb 201434964897.406.19$38,005
Jan 201428846990.404.86$28,315
Dec 201334516491.824.35$32,392
Nov 201349466888.853.74$46,389
Oct 201334485497.423.78$36,740
Sep 2013473907104.113.72$52,616
Aug 2013160484104.253.52$18,385
Jul 2013330701102.523.72$36,438
Jun 201333970994.403.93$34,790
May 201332699094.834.15$35,022
Apr 20133361,04393.964.28$36,037
Mar 20134981,04193.623.91$50,696
Feb 20133481,02191.233.42$35,240
Jan 20133511,14991.603.42$36,081
Dec 20125131,21186.773.42$48,655
Nov 20123201,19586.953.62$32,156
Oct 20124841,31089.383.40$47,714
Sep 20124441,26094.672.92$45,711
Aug 20124801,37992.662.91$48,487
Jul 20124651,43185.133.02$43,908
Jun 201247965279.822.52$39,876
May 20124661,21491.612.49$45,711
Apr 20123391,312101.652.00$37,079
Mar 20125322,074105.052.22$60,495
Feb 20126851,449101.102.57$72,978
Jan 201232782498.092.73$34,328
Dec 201151786896.873.24$52,894
Nov 201152684495.723.31$53,143
Oct 201148088784.983.65$44,027
Sep 201147261083.623.99$41,900
Aug 201136692383.404.15$34,354
Jul 201166794694.144.52$67,065
Jun 201150898392.904.64$51,754
May 20115121,06798.134.40$54,943
Apr 2011331854105.964.33$38,773
Mar 201151083796.364.06$52,540
Feb 201152777485.644.18$48,368
Jan 201153083886.504.59$49,690
Dec 201052792485.734.35$49,197
Nov 201053365780.843.80$45,581
Oct 201050832878.103.51$40,826
Sep 201053070672.633.98$41,303
Aug 201052368773.684.42$41,571
Jul 201069199072.554.74$54,821
Jun 201052779970.364.91$41,003
May 201069268371.124.24$52,108
Apr 20105201,01381.694.12$46,655
Mar 20107021,01078.394.39$59,462
Feb 201071092973.585.44$57,298
Jan 201071968574.365.96$57,550
Dec 20097091,35671.445.48$58,087
Nov 20097041,40474.593.75$57,778
Oct 20098531,51672.544.11$68,108
Sep 20096781,46765.543.06$48,932
Aug 20098661,54967.423.22$63,371
Jul 20098751,63061.133.46$59,136
Jun 20098531,61566.163.90$62,725
May 20091,00888054.743.93$58,633
Apr 20097011,04446.773.59$36,531
Mar 20098441,03542.144.06$39,767
Feb 200967971132.814.63$25,572
Jan 20091,0561,29235.865.37$44,807
Dec 20081,3821,37437.105.98$59,485
Nov 20081,2791,81955.496.86$83,451
Oct 20081,54599175.246.92$123,105
Sep 20081,445580101.767.88$151,612
Aug 20081,0671,290114.228.48$132,816
Jul 20081,5793,507131.0811.39$246,918
Jun 20081,9853,598131.3313.03$307,581
May 20082,0333,770123.1711.57$294,040
Apr 20082,2093,174110.3110.45$276,859
Mar 20081,5962,222101.909.66$184,106
Feb 20081,6302,27892.538.77$170,803
Jan 20081,7863,24790.388.21$188,063
Dec 20071,0961,61988.337.30$108,632
Nov 20077011,25491.677.29$73,404
Oct 20078872,14182.856.92$88,308
Sep 20079042,22575.846.24$82,453
Aug 20077032,19769.066.39$62,583
Jul 20075321,51070.906.39$47,365
Jun 2007022562.007.55$1,698

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.

Apr 2026 — as filed, then multipliedworked
Oil                  179 bbl  × $ 98.93 =    $17,708
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,708

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/38324 is the state's own key, not one this site invented.