FRANKLIN

Operated by WILLOWBEND INVESTMENTS, INC. (P-5 927665) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 200130District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.5 M
Nov 2003 – Sep 2025
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
263
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition5,020 bbl$298,124
GasProduction366,453 Mcf$2,168,525
Total$2,466,650

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 33.0765, -97.9440. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07655, -97.94402 · 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
100.0%
1 of 1 wells
Median depth
6,000 ft
1 wells filed one
Completion to plug
21.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 6,000 ft.

Completions filed
Nov 2003
1 of 1 wells
Plug dates filed
May 2025
1 of 1 wells

Last completion to plug: a median of 21.5 years across the 1 well that filed both dates, with the middle half between 21.5 years and 21.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373873846,000 ftNov 2003May 2025Yes

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 (263)

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

263 months

Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20258066.743.32$534
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025032567.704.27$1,387
Feb 2025029870.884.34$1,294
Jan 2025034274.324.28$1,463
Dec 2024034468.993.12$1,074
Nov 2024037469.052.20$822
Oct 2024041371.372.28$942
Sep 2024038769.612.36$915
Aug 2024044175.632.06$910
Jul 2024043579.932.15$934
Jun 2024036678.082.63$964
May 2024035978.812.20$789
Apr 2024032384.451.66$536
Mar 2024034380.301.55$530
Feb 2024031676.091.78$564
Jan 2024041373.023.30$1,362
Dec 20231832371.262.61$2,126
Nov 2023037677.892.81$1,056
Oct 2023040885.443.09$1,260
Sep 2023043189.042.74$1,179
Aug 2023043780.522.67$1,168
Jul 2023044874.852.64$1,184
Jun 2023045168.962.26$1,019
May 2023044970.622.23$1,000
Apr 2023043378.122.24$969
Mar 2023045772.852.39$1,094
Feb 2023038075.112.47$937
Jan 2023044276.533.39$1,497
Dec 2022039076.415.73$2,234
Nov 2022041585.005.65$2,343
Oct 2022046487.185.86$2,721
Sep 2022049784.888.16$4,057
Aug 2022044994.529.13$4,098
Jul 20220505101.587.54$3,809
Jun 20220485115.097.98$3,869
May 20220540109.378.43$4,554
Apr 20220520104.226.84$3,556
Mar 20220557108.885.08$2,828
Feb 2022038691.054.86$1,876
Jan 2022052381.844.54$2,373
Dec 20211649871.323.90$3,083
Nov 2021050477.435.24$2,639
Oct 2021055579.795.71$3,171
Sep 2021056769.865.35$3,034
Aug 2021048966.024.22$2,064
Jul 2021041070.783.98$1,633
Jun 2021042869.493.38$1,447
May 2021030263.483.02$911
Apr 2021046760.362.76$1,288
Mar 2021050561.302.72$1,372
Feb 2021039357.805.55$2,180
Jan 2021045150.412.81$1,267
Dec 20208650044.642.68$5,177
Nov 2020052138.772.71$1,410
Oct 2020050536.972.48$1,252
Sep 2020049337.091.99$982
Aug 2020056839.982.39$1,355
Jul 2020063138.371.83$1,152
Jun 2020056034.901.69$947
May 2020063316.921.81$1,149
Apr 2020062214.751.80$1,122
Mar 2020063830.341.86$1,184
Feb 2020060149.881.98$1,190
Jan 2020064457.252.09$1,349
Dec 2019064159.012.30$1,477
Nov 2019060255.302.75$1,656
Oct 2019058753.472.42$1,420
Sep 2019068555.052.66$1,820
Aug 2019050453.112.30$1,161
Jul 2019068156.272.46$1,675
Jun 2019055252.782.49$1,375
May 2019056458.482.74$1,546
Apr 2019063562.632.75$1,747
Mar 201915156156.803.06$10,295
Feb 2019056650.852.79$1,580
Jan 2019061446.033.23$1,982
Dec 2018058446.594.19$2,444
Nov 2018061252.934.24$2,593
Oct 2018071061.443.40$2,413
Sep 2018056359.543.11$1,750
Aug 2018059559.403.07$1,825
Jul 2018093265.142.93$2,733
Jun 2018062160.183.08$1,911
May 2018058365.382.90$1,691
Apr 2018059463.842.90$1,723
Mar 2018065761.222.79$1,831
Feb 2018063861.782.77$1,765
Jan 2018036262.874.01$1,451
Dec 2017058257.272.92$1,700
Nov 2017071555.423.12$2,230
Oct 2017072749.292.98$2,169
Sep 2017060347.523.09$1,862
Aug 2017042045.373.00$1,262
Jul 2017057743.873.09$1,781
Jun 2017069942.493.09$2,158
May 2017073045.373.26$2,382
Apr 201715175947.933.21$9,675
Mar 2017076746.772.98$2,288
Feb 2017069550.452.95$2,052
Jan 2017065849.413.42$2,250
Dec 2016071348.763.72$2,654
Nov 2016074742.492.64$1,975
Oct 2016083246.193.09$2,571
Sep 2016080441.553.10$2,493
Aug 2016088341.442.92$2,582
Jul 2016091141.622.92$2,664
Jun 2016079345.352.69$2,130
May 2016079442.521.99$1,581
Apr 2016073736.561.99$1,467
Mar 2016078833.011.79$1,414
Feb 2016070426.472.06$1,453
Jan 2016083727.352.36$1,979
Dec 2015071032.362.00$1,421
Nov 2015088238.792.17$1,912
Oct 201514382143.552.43$8,220
Sep 2015066442.992.76$1,832
Aug 2015077340.162.87$2,220
Jul 2015079048.152.95$2,327
Jun 2015075256.152.88$2,168
May 2015077055.212.96$2,276
Apr 2015079949.822.71$2,163
Mar 2015079842.892.93$2,342
Feb 2015054744.662.98$1,628
Jan 2015077843.433.10$2,412
Dec 2014082954.693.59$2,977
Nov 2014072970.464.25$3,100
Oct 2014080178.303.90$3,125
Sep 2014090786.164.05$3,669
Aug 201401,06089.394.04$4,277
Jul 2014069496.564.18$2,901
Jun 2014070598.164.74$3,340
May 2014027494.734.73$1,295
Apr 2014082095.944.81$3,943
Mar 2014067395.895.06$3,403
Feb 2014063097.406.19$3,901
Jan 2014031890.404.86$1,546
Dec 201315062791.824.35$16,503
Nov 2013074088.853.74$2,766
Oct 2013076297.423.78$2,880
Sep 20130874104.113.72$3,249
Aug 20130881104.253.52$3,103
Jul 20130838102.523.72$3,115
Jun 2013080294.403.93$3,155
May 2013089694.834.15$3,718
Apr 2013084193.964.28$3,602
Mar 201301,00793.623.91$3,940
Feb 2013079591.233.42$2,719
Jan 2013084091.603.42$2,873
Dec 2012079886.773.42$2,729
Nov 2012089586.953.62$3,244
Oct 201201,25789.383.40$4,273
Sep 201201,03794.672.92$3,026
Aug 201214829792.662.91$14,577
Jul 2012067485.133.02$2,036
Jun 2012096579.822.52$2,431
May 201201,00491.612.49$2,498
Apr 201201,062101.652.00$2,121
Mar 201201,098105.052.22$2,440
Feb 20120876101.102.57$2,252
Jan 2012096198.092.73$2,627
Dec 2011094896.873.24$3,071
Nov 2011099395.723.31$3,288
Oct 2011094184.983.65$3,433
Sep 2011058183.623.99$2,316
Aug 2011099183.404.15$4,112
Jul 2011092494.144.52$4,174
Jun 2011089892.904.64$4,167
May 2011083998.134.40$3,696
Apr 20110847105.964.33$3,670
Mar 2011096596.364.06$3,915
Feb 2011083785.644.18$3,499
Jan 2011092586.504.59$4,245
Dec 2010093485.734.35$4,061
Nov 201001,02580.843.80$3,890
Oct 2010098178.103.51$3,442
Sep 201001,05472.633.98$4,194
Aug 201001,06773.684.42$4,715
Jul 201015091972.554.74$15,235
Jun 201001,15670.364.91$5,676
May 201001,26571.124.24$5,358
Apr 201001,07581.694.12$4,432
Mar 201001,28078.394.39$5,618
Feb 201001,13373.585.44$6,166
Jan 2010096774.365.96$5,767
Dec 200901,11871.445.48$6,131
Nov 200901,15874.593.75$4,344
Oct 200901,18072.544.11$4,850
Sep 200901,35565.543.06$4,153
Aug 200901,47067.423.22$4,731
Jul 20091401,48561.133.46$13,703
Jun 200901,68766.163.90$6,571
May 20091522,08054.743.93$16,486
Apr 200901,68646.773.59$6,049
Mar 200901,66842.144.06$6,770
Feb 200901,88332.814.63$8,724
Jan 200902,19235.865.37$11,773
Dec 200802,18537.105.98$13,060
Nov 200802,23955.496.86$15,360
Oct 200802,39175.246.92$16,550
Sep 200802,205101.767.88$17,369
Aug 20081502,442114.228.48$37,849
Jul 200802,348131.0811.39$26,742
Jun 200802,157131.3313.03$28,111
May 200802,541123.1711.57$29,410
Apr 200802,416110.3110.45$25,259
Mar 200802,577101.909.66$24,904
Feb 20081542,43492.538.77$35,597
Jan 200802,61890.388.21$21,483
Dec 200702,59088.337.30$18,912
Nov 20071512,69691.677.29$33,501
Oct 200703,05482.856.92$21,140
Sep 200702,79475.846.24$17,446
Aug 20071512,93269.066.39$29,158
Jul 200703,01870.906.39$19,279
Jun 200702,74862.007.55$20,743
May 200703,04758.747.85$23,908
Apr 20071472,95959.617.81$31,858
Mar 200703,01656.927.30$22,023
Feb 20071502,90355.108.22$32,116
Jan 200702,95850.306.73$19,898
Dec 20061473,07756.656.92$29,616
Nov 200602,98754.207.62$22,753
Oct 200603,30754.906.01$19,888
Sep 200603,21560.085.04$16,195
Aug 200603,11968.717.34$22,893
Jul 20061503,39569.376.34$31,939
Jun 200603,30466.286.38$21,092
May 200603,99566.016.42$25,668
Apr 200604,02764.397.36$29,641
Mar 20061623,26356.707.08$32,297
Feb 200603,19357.597.75$24,749
Jan 20061663,88560.598.93$44,764
Dec 20051633,93754.9413.42$61,772
Nov 200504,24654.6910.59$44,958
Oct 20051673,23158.3413.80$54,317
Sep 200503,64361.4512.08$44,004
Aug 200504,35161.519.80$42,626
Jul 200503,82355.697.84$29,986
Jun 200503,84352.337.38$28,365
May 20051614,76945.226.65$39,000
Apr 20051644,80349.207.36$43,421
Mar 20051595,16750.377.15$44,978
Feb 20051314,76845.226.31$36,019
Jan 20053125,33443.166.32$47,189
Dec 20041585,45639.866.75$43,132
Nov 20043015,22645.286.33$46,712
Oct 20043105,98749.706.52$54,413
Sep 20041515,19043.245.28$33,953
Aug 2004040542.375.55$2,248
Jul 200403,48538.286.08$21,203
Jun 200403,21336.106.43$20,669
May 200414,15337.486.49$27,009
Apr 2004032,36134.475.86$189,586
Mar 200413,32134.365.53$18,400
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$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.

Jul 2025 — as filed, then multipliedworked
Condensate             8 bbl  × $ 66.74 =       $534
Gas                    0 Mcf  × $  3.32 =         $0

────────────────────────────────────────────────────
Month total                                     $534

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. 09/G/200130 is the state's own key, not one this site invented.