FRANK -B-

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the EMBAR (PERMIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 47355District 08Field 28843666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$11.0 M
Dec 2015 – Jun 2020
Value, last 12 filed months
$609 k
at the published price for each month
Months reported
55
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 40 leases and 358 wells, and the rule below applies to all of them.

Discovered
1942-10-21
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 10 acres. The field rule took effect on 2014-04-22.

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: THERE IS NO MAXIMUM DIAGONAL.

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
OilDisposition163,831 bbl$9,073,161
Casinghead gasProduction663,383 Mcf$1,883,530
Total$10,956,691

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 32.0685, -102.7093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06852, -102.70933 · 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
0.0%
0 of 1 wells
Median depth
8,183 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
1100.0%
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.
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 8,183 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-135433261R8,183 ftDec 2015Yes

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 (55)

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

55 months

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 2019237055.052.66$13,047
Aug 20194,72919,63953.112.30$296,413
Jul 20194,59316,83356.272.46$299,858
Jun 20195,26218,67452.782.49$324,249
May 20196,04911,95858.482.74$386,514
Apr 20197,58821,13962.632.75$533,383
Mar 20192,88912,26756.803.06$201,658
Feb 20192,36611,53650.852.79$152,522
Jan 20193,30413,64146.033.23$196,119
Dec 20182,3424,30046.594.19$127,111
Nov 20185,63818,76552.934.24$377,931
Oct 20188,40426,31061.443.40$605,745
Sep 20188,85626,39759.543.11$609,328
Aug 20189,30329,62059.403.07$643,430
Jul 201811,04228,57665.142.93$803,057
Jun 201812,67428,09660.183.08$849,170
May 201817,11435,50765.382.90$1,221,912
Apr 201814,6567,42263.842.90$957,169
Mar 20184688,75561.222.79$53,050
Feb 20185367,87661.782.77$54,900
Jan 20185158,96062.874.01$68,302
Dec 20175069,75357.272.92$57,472
Nov 20177558,89955.423.12$69,592
Oct 20179817,39449.292.98$70,415
Sep 20176987,07047.523.09$54,996
Aug 20178708,75545.373.00$65,775
Jul 20178638,08843.873.09$62,830
Jun 20178276,89742.493.09$56,432
May 20178907,32445.373.26$64,280
Apr 20178847,20447.933.21$65,506
Mar 20179367,25246.772.98$65,414
Feb 20178796,71150.452.95$64,160
Jan 20179547,29349.413.42$72,070
Dec 20169947,76948.763.72$77,390
Nov 20168997,74242.492.64$58,671
Oct 20161,24212,90346.193.09$97,242
Sep 20161,15912,70041.553.10$87,534
Aug 20161,34815,11441.442.92$100,060
Jul 20161,62515,91941.622.92$114,185
Jun 20161,61716,25345.352.69$116,984
May 20161,42013,91342.521.99$88,080
Apr 20162,01719,07536.561.99$111,721
Mar 20163,10229,51433.011.79$155,345
Feb 20164,00930,38926.472.06$168,830
Jan 20165,79133,18127.352.36$236,836
Dec 20150032.362.00$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.

Sep 2019 — as filed, then multipliedworked
Oil                  237 bbl  × $ 55.05 =    $13,047
Casinghead gas         0 Mcf  × $  2.66 =         $0

────────────────────────────────────────────────────
Month total                                  $13,047

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/47355 is the state's own key, not one this site invented.