FRANKLIN 27

Operated by NOBLE ENERGY INC (P-5 611665) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43995District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.6 M
Mar 2013 – Dec 2024
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
142
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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
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 40 acres. The field rule took effect on 2015-04-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition88,510 bbl$6,657,921
Casinghead gasProduction243,416 Mcf$930,962
Total$7,588,884

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 31.3439, -103.3476. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34389, -103.34762 · 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
11,770 ft
1 wells filed one
Completion to plug
11.6 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 11,770 ft.

Completions filed
Apr 2013
1 of 1 wells
Plug dates filed
Nov 2024
1 of 1 wells

Last completion to plug: a median of 11.6 years across the 1 well that filed both dates, with the middle half between 11.6 years and 11.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-38933512111,770 ftApr 2013Nov 2024Yes

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 (142)

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

142 months

Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024329075.632.06$24,882
Jul 20240379.932.15$6
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 202201287.185.86$70
Sep 20220084.888.16$0
Aug 202201594.529.13$137
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 20220491.054.86$19
Jan 20220081.844.54$0
Dec 20210771.323.90$27
Nov 20213711277.435.24$28,789
Oct 202104279.795.71$240
Sep 20210069.865.35$0
Aug 202101466.024.22$59
Jul 202101670.783.98$64
Jun 20210069.493.38$0
May 202102363.483.02$69
Apr 20210060.362.76$0
Mar 202102161.302.72$57
Feb 2021025857.805.55$1,431
Jan 2021041050.412.81$1,152
Dec 2020028244.642.68$754
Nov 202037198238.772.71$17,042
Oct 20205531,26236.972.48$23,572
Sep 202017076337.091.99$7,824
Aug 20208771,57039.982.39$38,807
Jul 2020069938.371.83$1,276
Jun 2020021334.901.69$360
May 20200216.921.81$4
Apr 202036585214.751.80$6,921
Mar 202034692830.341.86$12,220
Feb 202033962749.881.98$18,151
Jan 202037279057.252.09$22,952
Dec 201909059.012.30$207
Nov 201937549055.302.75$22,085
Oct 201937045653.472.42$20,887
Sep 201973634855.052.66$41,442
Aug 20191771,14453.112.30$12,037
Jul 201936880156.272.46$22,678
Jun 201935680352.782.49$20,790
May 201936856158.482.74$23,058
Apr 20193751,28762.632.75$27,026
Mar 201938052956.803.06$23,204
Feb 2019087050.852.79$2,429
Jan 201956482446.033.23$28,621
Dec 20185371,03446.594.19$29,347
Nov 201818652052.934.24$12,048
Oct 2018053661.443.40$1,821
Sep 201804359.543.11$134
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018089165.382.90$2,585
Apr 201837578363.842.90$26,211
Mar 201835929161.222.79$22,789
Feb 2018073561.782.77$2,033
Jan 20181855462.874.01$11,847
Dec 2017037057.272.92$1,081
Nov 201701455.423.12$44
Oct 201709849.292.98$292
Sep 201718741147.523.09$10,155
Aug 20171,1175,02145.373.00$65,763
Jul 20179233,90343.873.09$52,542
Jun 20171,1054,47442.493.09$60,764
May 20171,4835,99445.373.26$86,845
Apr 20177402,29747.933.21$42,845
Mar 20171881,86746.772.98$14,363
Feb 20171,2662,11250.452.95$70,106
Jan 20175232,65149.413.42$34,905
Dec 20160048.763.72$0
Nov 20168802,34642.492.64$43,595
Oct 20163556746.193.09$16,605
Sep 20167202,90341.553.10$38,917
Aug 20167141,30541.442.92$33,404
Jul 201655399941.622.92$25,937
Jun 20163651,13945.352.69$19,612
May 201635465942.521.99$16,364
Apr 20161,2252,50536.561.99$49,774
Mar 20161,2333,05233.011.79$46,177
Feb 20161,3873,61026.472.06$44,164
Jan 201636181327.352.36$11,796
Dec 20158361,70132.362.00$30,457
Nov 20150038.792.17$0
Oct 201534519943.552.43$15,508
Sep 201587466842.992.76$39,416
Aug 201566464840.162.87$28,528
Jul 20151,21584348.152.95$60,985
Jun 201536182756.152.88$22,654
May 201570025155.212.96$39,389
Apr 20151,2161,78249.822.71$65,404
Mar 20152,30087942.892.93$101,227
Feb 201570115944.662.98$31,780
Jan 20151751043.433.10$7,631
Dec 20145481,16754.693.59$34,161
Nov 201418232870.464.25$14,218
Oct 20140078.303.90$0
Sep 20141,2572,40986.164.05$118,049
Aug 20141,4185,36989.394.04$148,420
Jul 20142,1345,91096.564.18$230,760
Jun 20141,2486,11698.164.74$151,474
May 20141,7766,98594.734.73$201,256
Apr 20141,7515,75695.944.81$195,672
Mar 20142,5238,66895.895.06$285,763
Feb 20142,15110,80097.406.19$276,381
Jan 20142,7028,81490.404.86$287,103
Dec 20133,79715,49891.824.35$416,126
Nov 20133,48512,49688.853.74$356,356
Oct 20133,0998,97497.423.78$335,821
Sep 20132,7604,639104.113.72$304,590
Aug 20132,8918,297104.253.52$330,614
Jul 20132,6907,963102.523.72$305,383
Jun 20135,16710,74494.403.93$530,025
May 20135,68715,32894.834.15$602,895
Apr 20136,37417,68193.964.28$674,622
Mar 20130093.623.91$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.

Aug 2024 — as filed, then multipliedworked
Oil                  329 bbl  × $ 75.63 =    $24,882
Casinghead gas         0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                  $24,882

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/43995 is the state's own key, not one this site invented.