FRANCIS DRAKE

Operated by BLACKBEARD OPERATING, LLC (P-5 73056) in the MONAHANS, NORTH (CLEARFORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 49353District 08Field 62417110OilCasinghead gasSaveExport
Value, all time
$26.6 M
Jul 2017 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
107
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 54 leases and 277 wells, and the rule below applies to all of them.

Discovered
1987-09-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 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 2018-04-24.

The Commission's schedule remark for this field reads: REMAIN IN EFFECT.

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
OilDisposition325,092 bbl$21,809,674
Casinghead gasProduction1,312,882 Mcf$4,818,877
Total$26,628,551

Wells on this lease (5)

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 31.7354, -102.9530. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.73522, -102.95299 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
5,974 ft
5 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.
5100.0%

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 5,910 and 6,033 ft, median 5,974 ft, over the 5 wells that filed a depth.

Completions filed
Jan 2021 – May 2023
5 of 5 wells

5 wells

42-4953384615,910 ftMay 2023
42-49534724216,030 ftJul 2022
42-49534690185,974 ftApr 2022
42-4953384725,916 ftNov 2021
42-49534533536,033 ftJan 2021

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 (107)

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

107 months

May 202600106.413.05$0
Apr 20268226,54498.932.87$100,100
Mar 20261,0356,87689.753.15$114,547
Feb 20267976,36263.503.75$74,469
Jan 20261,0576,61559.138.00$115,407
Dec 20251,0806,87556.664.41$91,535
Nov 20259987,36958.593.93$87,407
Oct 20251,0608,10959.383.30$89,742
Sep 20251,0597,03362.743.08$88,082
Aug 20251,1747,59763.933.01$97,957
Jul 20251,2238,07466.743.32$108,390
Jun 20251,2697,89466.483.13$109,061
May 20251,2747,49660.553.23$101,370
Apr 20251,2417,57562.363.54$104,228
Mar 20251,3728,81967.704.27$130,527
Feb 20251,3757,82870.884.34$131,440
Jan 20251,2558,07974.324.28$127,839
Dec 20241,5028,63868.993.12$130,585
Nov 20241,4428,41869.052.20$118,077
Oct 20241,4669,36071.372.28$125,982
Sep 20241,4739,23669.612.36$124,373
Aug 20241,6499,56975.632.06$144,461
Jul 20241,5099,84279.932.15$141,741
Jun 20241,4059,97978.082.63$135,987
May 20241,81310,52078.812.20$166,010
Apr 20241,88710,38684.451.66$176,590
Mar 20241,66310,72580.301.55$150,110
Feb 20241,69010,01576.091.78$146,455
Jan 20241,95710,96873.023.30$179,069
Dec 20231,94411,09171.262.61$167,485
Nov 20231,91911,17977.892.81$180,857
Oct 20231,95512,07585.443.09$204,314
Sep 20232,10711,84489.042.74$220,001
Aug 20232,24912,83280.522.67$215,388
Jul 20232,33513,57174.852.64$210,627
Jun 20232,47113,74168.962.26$201,434
May 20232,61115,17270.622.23$218,183
Apr 20232,70914,63978.122.24$244,386
Mar 20233,24015,40772.852.39$272,905
Feb 20232,99715,01675.112.47$262,129
Jan 20233,54917,86376.533.39$332,120
Dec 20224,05318,82176.415.73$417,517
Nov 20224,56718,90885.005.65$494,953
Oct 20226,17720,31187.185.86$657,610
Sep 20225,98620,91784.888.16$678,851
Aug 20229,45725,15694.529.13$1,123,478
Jul 20227,35722,911101.587.54$920,121
Jun 20226,99422,368115.097.98$983,373
May 20229,84922,938109.378.43$1,270,622
Apr 20221,5877,919104.226.84$219,544
Mar 20221,5409,014108.885.08$213,434
Feb 20221,5548,52791.054.86$182,923
Jan 20221,8169,60581.844.54$192,206
Dec 20211,86210,02671.323.90$171,890
Nov 20211,65017,79577.435.24$220,949
Oct 20212,06510,52879.795.71$224,922
Sep 20211,69010,65869.865.35$175,094
Aug 20212,22911,48366.024.22$195,624
Jul 20212,37611,62870.783.98$214,477
Jun 20212,1809,26669.493.38$182,813
May 20212,80512,86763.483.02$216,890
Apr 20213,31612,99360.362.76$235,994
Mar 20213,73815,44061.302.72$271,089
Feb 20214,50716,59257.805.55$352,556
Jan 20214,58814,57550.412.81$272,241
Dec 20201,9098,61044.642.68$108,253
Nov 20201,7848,54338.772.71$92,288
Oct 20202,2018,70136.972.48$102,936
Sep 20201,6948,24137.091.99$79,239
Aug 20201,9519,03139.982.39$99,541
Jul 20202,3228,86138.371.83$105,268
Jun 20202,3948,82734.901.69$98,471
May 2020751,56116.921.81$4,102
Apr 20201,5587,75914.751.80$36,981
Mar 20202,19710,03830.341.86$85,290
Feb 20202,0649,51949.881.98$121,806
Jan 20202,53710,36657.252.09$166,957
Dec 20191,96222,65459.012.30$167,981
Nov 20192,39910,58855.302.75$161,789
Oct 20192,46811,40453.472.42$159,545
Sep 20192,71110,80155.052.66$177,942
Aug 20192,44310,41053.112.30$153,736
Jul 20192,49811,49356.272.46$168,836
Jun 20192,79513,07252.782.49$180,085
May 20193,57513,60958.482.74$246,359
Apr 20192,71512,51362.632.75$204,460
Mar 20192,6928,46256.803.06$178,817
Feb 20192,98912,61250.852.79$187,206
Jan 20193,72114,18946.033.23$217,082
Dec 20183,18313,48846.594.19$204,749
Nov 20182,97214,92552.934.24$220,549
Oct 20184,14113,77861.443.40$301,242
Sep 20184,39414,79559.543.11$307,602
Aug 20183,0718,46159.403.07$208,364
Jul 20183,99612,14165.142.93$295,895
Jun 20185,14516,14060.183.08$359,288
May 20184,78916,13765.382.90$359,915
Apr 20185,36815,48763.842.90$387,618
Mar 20187,25017,51561.222.79$492,657
Feb 20186,57019,22061.782.77$459,059
Jan 20188,99931,74062.874.01$693,023
Dec 201712,86628,29457.272.92$819,497
Nov 201711,58122,31355.423.12$711,399
Oct 20176,30414,83149.292.98$354,975
Sep 20177,61416,58247.523.09$413,011
Aug 20179,25420,84645.373.00$482,484
Jul 20173651,84843.873.09$21,718

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                  822 bbl  × $ 98.93 =    $81,320
Casinghead gas     6,544 Mcf  × $  2.87 =    $18,779

────────────────────────────────────────────────────
Month total                                 $100,100

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/49353 is the state's own key, not one this site invented.