FRANKLIN, C. R.

Operated by BRECK OPERATING CORP. (P-5 89974) in the RISCH, SE. (CADDO CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 37044District 09Field 76875333NGPA filingCondensateGasSaveExport
Value, all time
$155 k
Jan 1993 – Jan 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
205
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 27 leases and 32 wells, and the rule below applies to all of them.

Discovered
1954-10-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: DGL 1500 MCF

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition43 bbl$1,624
GasProduction64,719 Mcf$153,632
Total$155,256

23,405 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.0808, -97.9382. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.08077, -97.93823 · 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
5,466 ft
1 wells filed one
Completion to plug
48.4 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 5,466 ft.

Completions filed
Aug 1961
1 of 1 wells
Plug dates filed
Jan 2010
1 of 1 wells

Last completion to plug: a median of 48.4 years across the 1 well that filed both dates, with the middle half between 48.4 years and 48.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-237024431 U5,466 ftAug 1961Jan 2010Yes

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 (205)

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

205 months

Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20073388.337.30$287
Nov 20073391.677.29$297
Oct 200702682.856.92$180
Sep 200704975.846.24$306
Aug 2007010569.066.39$671
Jul 2007018170.906.39$1,156
Jun 20070862.007.55$60
May 20070858.747.85$63
Apr 20070559.617.81$39
Mar 20070856.927.30$58
Feb 20070055.108.22$0
Jan 20070350.306.73$20
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060768.717.34$51
Jul 20060069.376.34$0
Jun 200601366.286.38$83
May 200603466.016.42$218
Apr 200606664.397.36$486
Mar 200605256.707.08$368
Feb 200606257.597.75$481
Jan 200608760.598.93$777
Dec 2005012654.9413.42$1,690
Nov 200501154.6910.59$116
Oct 200503458.3413.80$469
Sep 200509261.4512.08$1,111
Aug 200503561.519.80$343
Jul 200502255.697.84$173
Jun 2005024152.337.38$1,779
May 2005025045.226.65$1,663
Apr 2005016749.207.36$1,229
Mar 200503450.377.15$243
Feb 2005020845.226.31$1,313
Jan 2005023043.166.32$1,454
Dec 2004024939.866.75$1,681
Nov 2004028845.286.33$1,823
Oct 2004027149.706.52$1,766
Sep 2004032643.245.28$1,723
Aug 2004028842.375.55$1,599
Jul 2004032738.286.08$1,990
Jun 2004031636.106.43$2,033
May 2004030737.486.49$1,994
Apr 2004019534.475.86$1,142
Mar 2004027434.365.53$1,515
Feb 2004026132.455.51$1,438
Jan 2004026632.036.30$1,676
Dec 2003032230.266.30$2,029
Nov 2003020928.804.60$960
Oct 2003020828.174.76$990
Sep 2003023326.314.75$1,107
Aug 2003018229.765.13$934
Jul 2003015929.415.17$822
Jun 2003015028.565.98$897
May 2003013726.595.97$818
Apr 2003014526.675.41$784
Mar 2003024031.146.10$1,463
Feb 2003020633.487.93$1,633
Jan 2003013830.315.58$770
Dec 2002026626.914.85$1,291
Nov 2002032924.664.14$1,361
Oct 2002036526.464.23$1,544
Sep 2002040527.443.64$1,472
Aug 2002042725.963.16$1,351
Jul 2002040124.583.06$1,228
Jun 2002043123.733.34$1,439
May 2002037924.663.58$1,358
Apr 2002025723.653.51$903
Mar 2002044822.003.10$1,390
Feb 2002035418.222.38$841
Jan 2002036617.172.38$870
Dec 2001040716.932.36$962
Nov 2001040718.072.41$979
Oct 2001042019.782.53$1,062
Sep 2001048224.262.25$1,085
Aug 2001041124.873.05$1,255
Jul 2001044723.933.20$1,429
Jun 2001042824.563.82$1,637
May 2001045925.524.31$1,977
Apr 2001046524.685.34$2,481
Mar 2001046124.545.38$2,479
Feb 2001041927.755.77$2,416
Jan 2001045227.478.40$3,796
Dec 2000047826.889.12$4,361
Nov 2000042432.215.66$2,399
Oct 2000044431.235.15$2,285
Sep 2000038531.875.19$1,997
Aug 2000040529.644.54$1,839
Jul 2000042228.534.09$1,726
Jun 20003740429.304.40$2,861
May 2000039627.263.68$1,457
Apr 2000044124.513.12$1,374
Mar 2000044128.422.86$1,261
Feb 2000039527.622.73$1,077
Jan 2000043525.272.48$1,079
Dec 1999044124.282.42$1,069
Nov 1999037623.192.43$915
Oct 1999040020.982.80$1,121
Sep 1999045121.752.62$1,181
Aug 1999047719.262.88$1,372
Jul 1999044017.892.37$1,044
Jun 1999047615.942.36$1,124
May 1999046015.792.32$1,068
Apr 1999050615.102.21$1,117
Mar 1999046112.471.84$847
Feb 199903949.981.82$716
Jan 1999042610.381.90$809
Dec 199804309.201.77$763
Nov 1998049910.892.19$1,091
Oct 1998053012.421.97$1,044
Sep 1998054612.592.08$1,137
Aug 1998052011.301.91$992
Jul 1998052511.742.24$1,175
Jun 1998053711.242.24$1,201
May 1998050012.622.21$1,103
Apr 1998053313.042.51$1,335
Mar 1998059112.802.31$1,365
Feb 1998049313.952.30$1,133
Jan 1998059114.702.15$1,273
Dec 1997060716.322.41$1,464
Nov 1997054718.193.09$1,689
Oct 1997060819.253.15$1,915
Sep 1997060117.742.95$1,776
Aug 1997057017.862.55$1,456
Jul 1997061417.582.25$1,380
Jun 1997059117.242.26$1,334
May 1997059418.972.31$1,371
Apr 1997057517.882.08$1,198
Mar 1997063918.951.94$1,239
Feb 1997052320.492.21$1,154
Jan 1997061923.483.54$2,191
Dec 1996056623.32$0
Nov 1996055221.97$0
Oct 1996062523.31$0
Sep 1996051522.22$0
Aug 1996048720.26$0
Jul 1996047819.55$0
Jun 1996048418.73$0
May 1996044019.43$0
Apr 1996041321.51$0
Mar 1996039919.38$0
Feb 1996031616.98$0
Jan 1996035217.07$0
Dec 1995032917.19$0
Nov 1995039816.00$0
Oct 1995039615.43$0
Sep 1995030116.18$0
Aug 1995041015.92$0
Jul 1995046815.24$0
Jun 1995037916.41$0
May 1995057717.56$0
Apr 1995050117.73$0
Mar 1995049616.44$0
Feb 1995045816.58$0
Jan 1995057015.92$0
Dec 1994027115.03$0
Nov 1994067515.90$0
Oct 1994054815.58$0
Sep 1994058815.29$0
Aug 1994059516.13$0
Jul 1994059817.56$0
Jun 1994057517.09$0
May 1994054015.88$0
Apr 1994056714.14$0
Mar 1994061112.46$0
Feb 1994055312.50$0
Jan 1994054412.66$0
Dec 1993041712.33$0
Nov 1993044214.49$0
Oct 1993051615.85$0
Sep 1993049915.03$0
Aug 1993047815.66$0
Jul 1993048015.46$0
Jun 1993057116.79$0
May 1993043917.68$0
Apr 1993049818.05$0
Mar 1993049318.14$0
Feb 1993048017.90$0
Jan 1993051716.93$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.

Dec 2007 — as filed, then multipliedworked
Condensate             3 bbl  × $ 88.33 =       $265
Gas                    3 Mcf  × $  7.30 =        $22

────────────────────────────────────────────────────
Month total                                     $287

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/37044 is the state's own key, not one this site invented.