FRANCES 12-1-G

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 54660District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.4 M
Aug 2019 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
82
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
OilDisposition356,187 bbl$20,587,312
Casinghead gasProduction1,670,285 Mcf$5,823,287
Total$26,410,598

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 32.1747, -101.7842. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17466, -101.78418 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,944 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
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.
1100.0%

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 8,944 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-317421744414H8,944 ftAug 2019

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 (82)

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

82 months

May 20261,07512,188106.413.05$151,513
Apr 202699412,49498.932.87$134,191
Mar 202691012,74689.753.15$121,815
Feb 20268948,09163.503.75$87,113
Jan 20261,1508,40959.138.00$135,254
Dec 20251,32713,27256.664.41$133,762
Nov 202591413,11158.593.93$105,031
Oct 20251,08114,77159.383.30$113,006
Sep 202591614,61762.743.08$102,445
Aug 20251,01815,22263.933.01$110,971
Jul 202590821,13566.743.32$130,667
Jun 202581223,32766.483.13$126,965
May 202597024,02860.553.23$136,400
Apr 20251,09824,31762.363.54$154,629
Mar 202593422,75267.704.27$160,345
Feb 202596019,39770.884.34$152,244
Jan 20251,25023,56374.324.28$193,719
Dec 202499123,01168.993.12$140,195
Nov 20241,16023,37869.052.20$131,493
Oct 202497219,48371.372.28$113,820
Sep 20241,09522,63069.612.36$129,728
Aug 20241,13724,04675.632.06$135,613
Jul 20241,22925,71179.932.15$153,425
Jun 20241,20022,82578.082.63$153,817
May 20241,32124,10578.812.20$157,101
Apr 20241,08722,16884.451.66$128,578
Mar 20241,18525,22780.301.55$134,134
Feb 202499320,81676.091.78$112,686
Jan 20241,33222,99473.023.30$173,089
Dec 20231,68325,26171.262.61$185,880
Nov 20231,20724,44777.892.81$162,650
Oct 20231,41226,40485.443.09$202,158
Sep 20231,57826,10089.042.74$211,890
Aug 20231,47126,89780.522.67$190,337
Jul 20231,53328,79074.852.64$190,802
Jun 20231,31327,32668.962.26$152,260
May 20231,32427,80570.622.23$155,434
Apr 20231,26727,32778.122.24$160,129
Mar 20231,81829,68372.852.39$203,477
Feb 20231,44726,53375.112.47$174,106
Jan 20231,15129,24576.533.39$187,160
Dec 202299727,22376.415.73$232,144
Nov 20221,96715,86885.005.65$256,789
Oct 20221,67019,98687.185.86$262,784
Sep 20222,70319,15984.888.16$385,839
Aug 20222,52419,87394.529.13$419,953
Jul 20223,05820,469101.587.54$465,010
Jun 20222,94120,083115.097.98$498,686
May 20223,28819,779109.378.43$526,406
Apr 20223,62320,224104.226.84$515,873
Mar 20224,24720,714108.885.08$567,566
Feb 20222,86415,62491.054.86$336,682
Jan 20224,68322,94181.844.54$487,356
Dec 20214,70823,33971.323.90$426,776
Nov 20215,03924,20177.435.24$516,907
Oct 20215,22823,50379.795.71$551,435
Sep 20215,55825,56669.865.35$525,084
Aug 20216,30929,77066.024.22$542,167
Jul 20216,87032,04670.783.98$613,868
Jun 20216,72023,44969.493.38$546,245
May 20218,90532,16163.483.02$662,341
Apr 20219,71432,28960.362.76$675,404
Mar 202110,96821,81361.302.72$731,603
Feb 20214,8486,82657.805.55$318,085
Jan 20214,7833,64650.412.81$251,357
Dec 20207,7476,90844.642.68$364,308
Nov 20206,6836,88038.772.71$277,721
Oct 20205,9206,50136.972.48$234,975
Sep 20204,5985,12137.091.99$180,736
Aug 20201,3763,48839.982.39$63,332
Jul 20204,1414,78138.371.83$167,616
Jun 202012,26917,59334.901.69$457,926
May 202014,47230,01016.921.81$299,327
Apr 202015,51432,83714.751.80$288,082
Mar 202014,96624,09730.341.86$498,798
Feb 20209,78212,07249.881.98$511,837
Jan 202016,17426,52057.252.09$981,514
Dec 201916,69121,70859.012.30$1,034,959
Nov 201919,98723,22755.302.75$1,169,172
Oct 201919,41518,79653.472.42$1,083,579
Sep 201924,11223,48655.052.66$1,389,774
Aug 201985653.112.30$554

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.

May 2026 — as filed, then multipliedworked
Oil                1,075 bbl  × $106.41 =   $114,391
Casinghead gas    12,188 Mcf  × $  3.05 =    $37,123

────────────────────────────────────────────────────
Month total                                 $151,513

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/54660 is the state's own key, not one this site invented.