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FRANKLIN 18

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 45105District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$5.5 M
Jan 2014 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
149
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition82,366 bbl$4,844,565
Casinghead gasProduction211,651 Mcf$666,745
Total$5,511,311

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 32.3124, -101.9643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.31241, -101.96426 · 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
11,597 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 11,568 and 11,625 ft, median 11,597 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2014 – Nov 2014
2 of 2 wells

2 wells

42-31739501211,625 ftNov 2014——
42-31738947111,568 ftApr 2014——

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 (149)

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

149 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 202503962.743.08$120
Aug 202533611663.933.01$21,830
Jul 2025012366.743.32$408
Jun 2025012066.483.13$375
May 202502760.553.23$87
Apr 20250062.363.54$0
Mar 2025177067.704.27$11,983
Feb 2025181070.884.34$12,829
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202402271.372.28$50
Sep 202417936269.612.36$13,316
Aug 202417543975.632.06$14,141
Jul 202435756979.932.15$29,756
Jun 202418840978.082.63$15,756
May 202417540978.812.20$14,691
Apr 202417344884.451.66$15,353
Mar 202435043780.301.55$28,780
Feb 202416947376.091.78$13,703
Jan 202418539973.023.30$14,824
Dec 202317848471.262.61$13,948
Nov 202334645477.892.81$28,225
Oct 202316751385.443.09$15,852
Sep 202317054989.042.74$16,638
Aug 202336053780.522.67$30,423
Jul 202318461374.852.64$15,392
Jun 202318560668.962.26$14,126
May 202336768370.622.23$27,439
Apr 202321221478.122.24$17,040
Mar 202319758672.852.39$15,754
Feb 202336360175.112.47$28,747
Jan 202320057676.533.39$17,257
Dec 202235356376.415.73$30,198
Nov 202219161585.005.65$19,707
Oct 202218965387.185.86$20,306
Sep 202237759384.888.16$36,841
Aug 202239479194.529.13$44,460
Jul 2022368866101.587.54$43,913
Jun 2022382675115.097.98$49,349
May 2022582638109.378.43$69,034
Apr 2022199250104.226.84$22,449
Mar 2022193105108.885.08$21,547
Feb 202205891.054.86$282
Jan 2022012581.844.54$567
Dec 202119011471.323.90$13,995
Nov 202107377.435.24$382
Oct 202117417079.795.71$14,855
Sep 202119355369.865.35$16,442
Aug 202133753366.024.22$24,498
Jul 202136357870.783.98$27,995
Jun 202118459569.493.38$14,798
May 202136959663.483.02$25,223
Apr 202139367460.362.76$25,581
Mar 202138967261.302.72$25,671
Feb 202119330157.805.55$12,825
Jan 202137513350.412.81$19,278
Dec 202037630444.642.68$17,598
Nov 202034934038.772.71$14,451
Oct 202051645036.972.48$20,192
Sep 202033939337.091.99$13,356
Aug 202034345939.982.39$14,808
Jul 202032952338.371.83$13,578
Jun 202032151434.901.69$12,072
May 202034313016.921.81$6,039
Apr 202034065914.751.80$6,204
Mar 202032472230.341.86$11,170
Feb 202051557349.881.98$26,823
Jan 202018069757.252.09$11,765
Dec 201952666159.012.30$32,562
Nov 201935063455.302.75$21,099
Oct 2019354053.472.42$18,928
Sep 201936049255.052.66$21,125
Aug 201935770753.112.30$20,589
Jul 201953468856.272.46$31,741
Jun 201951769152.782.49$29,009
May 201917321058.482.74$10,693
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019668050.852.79$33,968
Jan 2019518046.033.23$23,844
Dec 201869028646.594.19$33,344
Nov 201870261552.934.24$39,763
Oct 201817029161.443.40$11,434
Sep 201823430959.543.11$14,893
Aug 20185882,81659.403.07$43,563
Jul 20185583,00265.142.93$45,150
Jun 20186782,95760.183.08$49,900
May 20189773,12065.382.90$72,927
Apr 20187443,02963.842.90$56,283
Mar 20186792,22161.222.79$47,758
Feb 20186112,22161.782.77$43,891
Jan 20186161,84862.874.01$46,137
Dec 20173902,16657.272.92$28,663
Nov 20179372,24055.423.12$58,914
Oct 20177371,90649.292.98$42,014
Sep 20175662,47547.523.09$34,537
Aug 20177511,92945.373.00$39,868
Jul 20175063,27243.873.09$32,300
Jun 20178384,10042.493.09$48,264
May 20171,1324,24345.373.26$65,205
Apr 20172581,80447.933.21$18,160
Mar 20179483,18146.772.98$53,829
Feb 20178263,00350.452.95$50,538
Jan 20171,1804,04949.413.42$72,147
Dec 20167644,09548.763.72$52,498
Nov 20161,1023,52642.492.64$56,148
Oct 20167144,72646.193.09$47,584
Sep 20168943,81441.553.10$48,972
Aug 20161,0524,31241.442.92$56,205
Jul 20161,2603,70041.622.92$63,261
Jun 20168891,47345.352.69$44,272
May 20167791,37842.521.99$35,867
Apr 20161,3811,92136.561.99$54,314
Mar 20161,0293,12433.011.79$39,572
Feb 20161,5274,14926.472.06$48,982
Jan 20167352,58927.352.36$26,224
Dec 20151,8454,09132.362.00$67,892
Nov 20155595,04638.792.17$32,620
Oct 20151,8323,33143.552.43$87,867
Sep 20151,1072,44842.992.76$54,343
Aug 20157362,81540.162.87$37,644
Jul 20151,6316,21348.152.95$96,830
Jun 20151,2908,02556.152.88$95,568
May 20151,2586,25055.212.96$87,926
Apr 20152,1616,38949.822.71$124,953
Mar 20158723,67942.892.93$48,197
Feb 20158962,22144.662.98$46,625
Jan 20152,4434,05643.433.10$118,676
Dec 20142,9259,02254.693.59$192,370
Nov 20145301,19270.464.25$42,412
Oct 20141,0242,56078.303.90$90,166
Sep 20141,0331,92186.164.05$96,775
Aug 20141,714089.394.04$153,214
Jul 20141,0502,82796.564.18$113,204
Jun 20141,7334,66298.164.74$192,195
May 20142,5625,04694.734.73$266,548
Apr 20141,2061,87695.944.81$124,726
Mar 2014046795.895.06$2,362
Feb 20141,3784597.406.19$134,496
Jan 20141,545090.404.86$139,668

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 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 62.74 =         $0
Casinghead gas        39 Mcf  × $  3.08 =       $120

────────────────────────────────────────────────────
Month total                                     $120

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/45105 is the state's own key, not one this site invented.