FRANCES 12-1-E

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 55445District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$56.6 M
Sep 2020 – May 2026
Value, last 12 filed months
$3.5 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
OilDisposition737,210 bbl$49,439,555
Casinghead gasProduction1,835,920 Mcf$7,150,523
Total$56,590,078

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 32.1738, -101.7873. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17377, -101.78733 · 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
8,483 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 8,052 and 8,913 ft, median 8,483 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2020
2 of 2 wells

2 wells

42-317430042709VH8,052 ftSep 2020
42-317428744410H8,913 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 20261,1708,963106.413.05$151,800
Apr 20262,13711,65398.932.87$244,854
Mar 20263,92616,14589.753.15$403,206
Feb 20263,98413,91763.503.75$305,177
Jan 20264,22913,21459.138.00$355,745
Dec 20254,15715,13856.664.41$302,345
Nov 20253,84416,50258.593.93$290,014
Oct 20253,56817,01659.383.30$268,103
Sep 20253,56314,48762.743.08$268,118
Aug 20253,58816,12663.933.01$277,997
Jul 20253,80218,52166.743.32$315,146
Jun 20253,68616,51066.483.13$296,700
May 20254,72615,76360.553.23$337,110
Apr 20252,2699,67062.363.54$175,757
Mar 20252,3428,95167.704.27$196,759
Feb 20252,59810,12870.884.34$228,110
Jan 20253,52314,20174.324.28$322,591
Dec 20244,08114,92668.993.12$328,138
Nov 20244,27315,44869.052.20$329,012
Oct 20243,49815,18371.372.28$284,291
Sep 20243,93316,75569.612.36$313,391
Aug 20244,86820,66975.632.06$410,820
Jul 20245,62123,62479.932.15$499,998
Jun 20245,98123,87078.082.63$529,870
May 20246,57824,18778.812.20$571,586
Apr 20245,55621,66784.451.66$505,154
Mar 20246,03726,32080.301.55$525,439
Feb 20245,13422,99876.091.78$431,666
Jan 20245,64522,97573.023.30$487,962
Dec 20236,13724,63671.262.61$501,640
Nov 20236,26726,21477.892.81$561,734
Oct 20236,73527,88885.443.09$661,536
Sep 20236,75027,54789.042.74$676,362
Aug 20237,14330,93380.522.67$657,835
Jul 20238,05933,38674.852.64$691,415
Jun 20238,30730,31068.962.26$641,305
May 20239,66730,25770.622.23$750,078
Apr 202310,85228,16778.122.24$910,789
Mar 20235,70419,51872.852.39$462,246
Feb 20239,00426,97675.112.47$742,805
Jan 202310,02929,04776.533.39$865,922
Dec 20228,97430,23476.415.73$858,916
Nov 20228,94029,39685.005.65$925,876
Oct 202210,40531,00987.185.86$1,088,937
Sep 202210,80430,59884.888.16$1,166,836
Aug 202212,63233,21994.529.13$1,497,172
Jul 202211,20631,256101.587.54$1,374,041
Jun 202210,45428,513115.097.98$1,430,605
May 202212,44233,219109.378.43$1,640,919
Apr 202211,94535,190104.226.84$1,485,523
Mar 202211,66135,940108.885.08$1,452,096
Feb 202211,98934,42691.054.86$1,258,869
Jan 202213,33939,33881.844.54$1,270,167
Dec 202113,11439,18771.323.90$1,088,085
Nov 202115,25643,26077.435.24$1,407,818
Oct 202115,46940,18679.795.71$1,463,889
Sep 202116,12141,79969.865.35$1,349,876
Aug 202119,10147,69866.024.22$1,462,362
Jul 202120,70037,99570.783.98$1,616,445
Jun 202116,95119,64669.493.38$1,244,341
May 202119,61035,89863.483.02$1,353,171
Apr 202123,65535,39260.362.76$1,525,442
Mar 202111,41921,35961.302.72$758,016
Feb 202113,47019,69957.805.55$887,855
Jan 202128,82941,03150.412.81$1,568,578
Dec 202034,00845,04644.642.68$1,638,636
Nov 202041,92649,27038.772.71$1,758,824
Oct 202051,89060,98736.972.48$2,069,525
Sep 202047,92944,72337.091.99$1,866,732

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                1,170 bbl  × $106.41 =   $124,500
Casinghead gas     8,963 Mcf  × $  3.05 =    $27,300

────────────────────────────────────────────────────
Month total                                 $151,800

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/55445 is the state's own key, not one this site invented.