FRANCES 12-1-C

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 55444District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$39.0 M
Sep 2020 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
69
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
OilDisposition535,865 bbl$33,430,164
Casinghead gasProduction1,566,967 Mcf$5,593,765
Total$39,023,929

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 32.1731, -101.7912. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17305, -101.79121 · 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
8,623 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 8,280 and 8,965 ft, median 8,623 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2020
2 of 2 wells

2 wells

42-317430052806VH8,280 ftSep 2020
42-317428794406H8,965 ftSep 2020

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 (69)

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

69 months

May 20261,83012,826106.413.05$233,796
Apr 20261,90612,94498.932.87$225,706
Mar 20262,05713,23589.753.15$226,299
Feb 20261,99511,17763.503.75$168,600
Jan 20261,4229,73059.138.00$161,903
Dec 20251,14210,12956.664.41$109,409
Nov 20251,63412,40858.593.93$144,455
Oct 20252,73814,32559.383.30$209,924
Sep 20252,76714,46562.743.08$218,109
Aug 20252,58015,94563.933.01$213,010
Jul 20252,59017,12966.743.32$229,643
Jun 20252,63115,50166.483.13$223,407
May 20253,11216,17560.553.23$240,714
Apr 20253,18515,28262.363.54$252,763
Mar 20252,69832,09067.704.27$319,625
Feb 20251,99321,36970.884.34$234,023
Jan 20252,48132,69074.324.28$324,258
Dec 20242,70434,22868.993.12$293,387
Nov 20243,00434,86469.052.20$284,073
Oct 20242,26330,19771.372.28$230,402
Sep 20243,16440,23069.612.36$315,364
Aug 20243,11439,85175.632.06$317,750
Jul 20242,31214,52379.932.15$215,973
Jun 20241,86610,23778.082.63$172,661
May 20241,97810,88278.812.20$179,810
Apr 20241,76811,05384.451.66$167,647
Mar 20242,14411,95180.301.55$190,629
Feb 20242,12313,45876.091.78$185,543
Jan 20243,31321,62073.023.30$313,211
Dec 20233,79825,46671.262.61$337,130
Nov 20233,81624,53677.892.81$366,115
Oct 20233,89124,74585.443.09$408,842
Sep 20233,80324,27789.042.74$405,018
Aug 20233,96225,95680.522.67$388,398
Jul 20234,06522,13574.852.64$362,741
Jun 20233,79216,25968.962.26$298,217
May 20233,14812,28870.622.23$249,682
Apr 20233,70318,28278.122.24$330,189
Mar 20234,50920,67572.852.39$377,959
Feb 20234,50615,56775.112.47$376,829
Jan 20234,84517,35876.533.39$429,592
Dec 20225,02317,13176.415.73$481,952
Nov 20224,67315,72685.005.65$485,997
Oct 20224,54615,79887.185.86$488,956
Sep 20224,96516,14584.888.16$553,232
Aug 20226,46119,91594.529.13$792,461
Jul 20227,47019,933101.587.54$909,139
Jun 20223,55111,568115.097.98$500,965
May 20225,62310,558109.378.43$704,024
Apr 20226,40812,038104.226.84$750,153
Mar 20224,54013,920108.885.08$564,979
Feb 20227,09719,98091.054.86$743,261
Jan 20228,83626,07981.844.54$841,476
Dec 20219,68228,82171.323.90$802,897
Nov 202110,83129,36677.435.24$992,430
Oct 202110,76527,32779.795.71$1,015,082
Sep 202112,57031,24969.865.35$1,045,351
Aug 202115,03938,12466.024.22$1,153,781
Jul 202115,38937,82270.783.98$1,239,844
Jun 202116,75435,37569.493.38$1,283,825
May 202117,52233,06463.483.02$1,212,073
Apr 202120,11533,02960.362.76$1,305,249
Mar 202116,43020,50461.302.72$1,062,867
Feb 202110,16211,02257.805.55$648,513
Jan 202125,34036,51550.412.81$1,380,006
Dec 202034,25749,18644.642.68$1,660,828
Nov 202041,12953,76738.772.71$1,740,095
Oct 202048,36360,84236.972.48$1,938,773
Sep 202045,97244,10537.091.99$1,792,916

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                1,830 bbl  × $106.41 =   $194,730
Casinghead gas    12,826 Mcf  × $  3.05 =    $39,066

────────────────────────────────────────────────────
Month total                                 $233,796

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/55444 is the state's own key, not one this site invented.