FREUND

Name: FREUND lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the TEXAS HUGOTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 125968District 10Field 89120001NGPA filingGasSave Export

Value, all time

$305 k

Jan 1993 – Dec 2016

Value, last 12 filed months

at the published price for each month

Months reported

288

no gaps in the span

Streams

gas

The TEXAS HUGOTON field

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 1,719 leases and 1,719 wells, and the rule below applies to all of them.

Discovered

1945-06-25

as the register files it

Field class

Gas

the register's own label

Between wells

2,500 ft

minimum

From a lease line

1,250 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-02-01.

The Commission's schedule remark for this field reads: “OPTIONS.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	119,212 Mcf	$304,702
Total			$304,702

46,817 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 36.4212, -101.9437. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.42119, -101.94374 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

2,950 ft

1 wells filed one

Completion to plug

29.2 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 2,950 ft.

Completions filed

Oct 1987

1 of 1 wells

Plug dates filed

Dec 2016

1 of 1 wells

Last completion to plug: a median of 29.2 years across the 1 well that filed both dates, with the middle half between 29.2 years and 29.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42130382	2	2,950 ft	Oct 1987	Dec 2016	Yes

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 (288)

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

288 months


Dec 2016	0	48.76	3.72	$0
Nov 2016	0	42.49	2.64	$0
Oct 2016	0	46.19	3.09	$0
Sep 2016	0	41.55	3.10	$0
Aug 2016	0	41.44	2.92	$0
Jul 2016	0	41.62	2.92	$0
Jun 2016	0	45.35	2.69	$0
May 2016	0	42.52	1.99	$0
Apr 2016	0	36.56	1.99	$0
Mar 2016	0	33.01	1.79	$0
Feb 2016	0	26.47	2.06	$0
Jan 2016	0	27.35	2.36	$0
Dec 2015	0	32.36	2.00	$0
Nov 2015	0	38.79	2.17	$0
Oct 2015	0	43.55	2.43	$0
Sep 2015	0	42.99	2.76	$0
Aug 2015	0	40.16	2.87	$0
Jul 2015	0	48.15	2.95	$0
Jun 2015	0	56.15	2.88	$0
May 2015	0	55.21	2.96	$0
Apr 2015	0	49.82	2.71	$0
Mar 2015	0	42.89	2.93	$0
Feb 2015	0	44.66	2.98	$0
Jan 2015	0	43.43	3.10	$0
Dec 2014	0	54.69	3.59	$0
Nov 2014	0	70.46	4.25	$0
Oct 2014	0	78.30	3.90	$0
Sep 2014	0	86.16	4.05	$0
Aug 2014	0	89.39	4.04	$0
Jul 2014	0	96.56	4.18	$0
Jun 2014	0	98.16	4.74	$0
May 2014	0	94.73	4.73	$0
Apr 2014	0	95.94	4.81	$0
Mar 2014	0	95.89	5.06	$0
Feb 2014	0	97.40	6.19	$0
Jan 2014	0	90.40	4.86	$0
Dec 2013	0	91.82	4.35	$0
Nov 2013	0	88.85	3.74	$0
Oct 2013	0	97.42	3.78	$0
Sep 2013	0	104.11	3.72	$0
Aug 2013	0	104.25	3.52	$0
Jul 2013	0	102.52	3.72	$0
Jun 2013	0	94.40	3.93	$0
May 2013	0	94.83	4.15	$0
Apr 2013	0	93.96	4.28	$0
Mar 2013	0	93.62	3.91	$0
Feb 2013	0	91.23	3.42	$0
Jan 2013	0	91.60	3.42	$0
Dec 2012	0	86.77	3.42	$0
Nov 2012	0	86.95	3.62	$0
Oct 2012	0	89.38	3.40	$0
Sep 2012	0	94.67	2.92	$0
Aug 2012	0	92.66	2.91	$0
Jul 2012	0	85.13	3.02	$0
Jun 2012	0	79.82	2.52	$0
May 2012	0	91.61	2.49	$0
Apr 2012	0	101.65	2.00	$0
Mar 2012	130	105.05	2.22	$289
Feb 2012	163	101.10	2.57	$419
Jan 2012	169	98.09	2.73	$462
Dec 2011	175	96.87	3.24	$567
Nov 2011	161	95.72	3.31	$533
Oct 2011	164	84.98	3.65	$598
Sep 2011	152	83.62	3.99	$606
Aug 2011	154	83.40	4.15	$639
Jul 2011	154	94.14	4.52	$696
Jun 2011	151	92.90	4.64	$701
May 2011	158	98.13	4.40	$696
Apr 2011	158	105.96	4.33	$685
Mar 2011	162	96.36	4.06	$657
Feb 2011	154	85.64	4.18	$644
Jan 2011	166	86.50	4.59	$762
Dec 2010	134	85.73	4.35	$583
Nov 2010	140	80.84	3.80	$531
Oct 2010	173	78.10	3.51	$607
Sep 2010	172	72.63	3.98	$684
Aug 2010	180	73.68	4.42	$795
Jul 2010	180	72.55	4.74	$853
Jun 2010	174	70.36	4.91	$854
May 2010	175	71.12	4.24	$741
Apr 2010	170	81.69	4.12	$701
Mar 2010	192	78.39	4.39	$843
Feb 2010	195	73.58	5.44	$1,061
Jan 2010	218	74.36	5.96	$1,300
Dec 2009	205	71.44	5.48	$1,124
Nov 2009	163	74.59	3.75	$611
Oct 2009	175	72.54	4.11	$719
Sep 2009	196	65.54	3.06	$601
Aug 2009	189	67.42	3.22	$608
Jul 2009	196	61.13	3.46	$679
Jun 2009	190	66.16	3.90	$740
May 2009	194	54.74	3.93	$762
Apr 2009	171	46.77	3.59	$613
Mar 2009	185	42.14	4.06	$751
Feb 2009	153	32.81	4.63	$709
Jan 2009	216	35.86	5.37	$1,160
Dec 2008	256	37.10	5.98	$1,530
Nov 2008	172	55.49	6.86	$1,180
Oct 2008	201	75.24	6.92	$1,391
Sep 2008	208	101.76	7.88	$1,638
Aug 2008	211	114.22	8.48	$1,790
Jul 2008	217	131.08	11.39	$2,472
Jun 2008	208	131.33	13.03	$2,711
May 2008	211	123.17	11.57	$2,442
Apr 2008	192	110.31	10.45	$2,007
Mar 2008	197	101.90	9.66	$1,904
Feb 2008	179	92.53	8.77	$1,570
Jan 2008	242	90.38	8.21	$1,986
Dec 2007	227	88.33	7.30	$1,658
Nov 2007	205	91.67	7.29	$1,495
Oct 2007	227	82.85	6.92	$1,571
Sep 2007	228	75.84	6.24	$1,424
Aug 2007	234	69.06	6.39	$1,495
Jul 2007	234	70.90	6.39	$1,495
Jun 2007	229	62.00	7.55	$1,729
May 2007	236	58.74	7.85	$1,852
Apr 2007	207	59.61	7.81	$1,616
Mar 2007	217	56.92	7.30	$1,585
Feb 2007	193	55.10	8.22	$1,586
Jan 2007	217	50.30	6.73	$1,460
Dec 2006	223	56.65	6.92	$1,543
Nov 2006	234	54.20	7.62	$1,782
Oct 2006	249	54.90	6.01	$1,497
Sep 2006	258	60.08	5.04	$1,300
Aug 2006	265	68.71	7.34	$1,945
Jul 2006	265	69.37	6.34	$1,681
Jun 2006	259	66.28	6.38	$1,653
May 2006	267	66.01	6.42	$1,715
Apr 2006	253	64.39	7.36	$1,862
Mar 2006	245	56.70	7.08	$1,735
Feb 2006	216	57.59	7.75	$1,674
Jan 2006	238	60.59	8.93	$2,126
Dec 2005	222	54.94	13.42	$2,978
Nov 2005	156	54.69	10.59	$1,652
Oct 2005	251	58.34	13.80	$3,463
Sep 2005	273	61.45	12.08	$3,298
Aug 2005	283	61.51	9.80	$2,773
Jul 2005	282	55.69	7.84	$2,212
Jun 2005	277	52.33	7.38	$2,045
May 2005	271	45.22	6.65	$1,802
Apr 2005	257	49.20	7.36	$1,892
Mar 2005	254	50.37	7.15	$1,817
Feb 2005	236	45.22	6.31	$1,490
Jan 2005	249	43.16	6.32	$1,574
Dec 2004	257	39.86	6.75	$1,735
Nov 2004	248	45.28	6.33	$1,570
Oct 2004	285	49.70	6.52	$1,857
Sep 2004	289	43.24	5.28	$1,527
Aug 2004	302	42.37	5.55	$1,676
Jul 2004	302	38.28	6.08	$1,837
Jun 2004	296	36.10	6.43	$1,904
May 2004	300	37.48	6.49	$1,948
Apr 2004	282	34.47	5.86	$1,652
Mar 2004	277	34.36	5.53	$1,532
Feb 2004	282	32.45	5.51	$1,554
Jan 2004	267	32.03	6.30	$1,682
Dec 2003	284	30.26	6.30	$1,790
Nov 2003	271	28.80	4.60	$1,245
Oct 2003	308	28.17	4.76	$1,466
Sep 2003	310	26.31	4.75	$1,472
Aug 2003	319	29.76	5.13	$1,636
Jul 2003	317	29.41	5.17	$1,639
Jun 2003	316	28.56	5.98	$1,891
May 2003	324	26.59	5.97	$1,935
Apr 2003	330	26.67	5.41	$1,784
Mar 2003	327	31.14	6.10	$1,993
Feb 2003	310	33.48	7.93	$2,457
Jan 2003	382	30.31	5.58	$2,132
Dec 2002	369	26.91	4.85	$1,791
Nov 2002	361	24.66	4.14	$1,493
Oct 2002	359	26.46	4.23	$1,518
Sep 2002	358	27.44	3.64	$1,301
Aug 2002	361	25.96	3.16	$1,142
Jul 2002	351	24.58	3.06	$1,075
Jun 2002	345	23.73	3.34	$1,152
May 2002	341	24.66	3.58	$1,222
Apr 2002	365	23.65	3.51	$1,282
Mar 2002	407	22.00	3.10	$1,263
Feb 2002	412	18.22	2.38	$979
Jan 2002	488	17.17	2.38	$1,159
Dec 2001	556	16.93	2.36	$1,315
Nov 2001	429	18.07	2.41	$1,032
Oct 2001	409	19.78	2.53	$1,034
Sep 2001	451	24.26	2.25	$1,015
Aug 2001	645	24.87	3.05	$1,969
Jul 2001	635	23.93	3.20	$2,030
Jun 2001	510	24.56	3.82	$1,950
May 2001	544	25.52	4.31	$2,343
Apr 2001	583	24.68	5.34	$3,110
Mar 2001	597	24.54	5.38	$3,210
Feb 2001	764	27.75	5.77	$4,406
Jan 2001	899	27.47	8.40	$7,550
Dec 2000	892	26.88	9.12	$8,137
Nov 2000	486	32.21	5.66	$2,750
Oct 2000	536	31.23	5.15	$2,758
Sep 2000	497	31.87	5.19	$2,578
Aug 2000	499	29.64	4.54	$2,266
Jul 2000	512	28.53	4.09	$2,094
Jun 2000	663	29.30	4.40	$2,915
May 2000	724	27.26	3.68	$2,664
Apr 2000	136	24.51	3.12	$424
Mar 2000	661	28.42	2.86	$1,890
Feb 2000	674	27.62	2.73	$1,838
Jan 2000	949	25.27	2.48	$2,354
Dec 1999	834	24.28	2.42	$2,021
Nov 1999	544	23.19	2.43	$1,324
Oct 1999	581	20.98	2.80	$1,629
Sep 1999	699	21.75	2.62	$1,831
Aug 1999	665	19.26	2.88	$1,912
Jul 1999	516	17.89	2.37	$1,224
Jun 1999	623	15.94	2.36	$1,472
May 1999	577	15.79	2.32	$1,339
Apr 1999	619	15.10	2.21	$1,367
Mar 1999	769	12.47	1.84	$1,414
Feb 1999	756	9.98	1.82	$1,374
Jan 1999	936	10.38	1.90	$1,778
Dec 1998	1,016	9.20	1.77	$1,802
Nov 1998	655	10.89	2.19	$1,432
Oct 1998	745	12.42	1.97	$1,467
Sep 1998	741	12.59	2.08	$1,543
Aug 1998	765	11.30	1.91	$1,459
Jul 1998	809	11.74	2.24	$1,810
Jun 1998	492	11.24	2.24	$1,101
May 1998	751	12.62	2.21	$1,657
Apr 1998	737	13.04	2.51	$1,846
Mar 1998	945	12.80	2.31	$2,182
Feb 1998	824	13.95	2.30	$1,894
Jan 1998	1,186	14.70	2.15	$2,556
Dec 1997	1,115	16.32	2.41	$2,688
Nov 1997	886	18.19	3.09	$2,736
Oct 1997	640	19.25	3.15	$2,016
Sep 1997	831	17.74	2.95	$2,456
Aug 1997	921	17.86	2.55	$2,353
Jul 1997	948	17.58	2.25	$2,130
Jun 1997	971	17.24	2.26	$2,192
May 1997	740	18.97	2.31	$1,708
Apr 1997	751	17.88	2.08	$1,564
Mar 1997	917	18.95	1.94	$1,778
Feb 1997	1,042	20.49	2.21	$2,299
Jan 1997	1,057	23.48	3.54	$3,741
Dec 1996	1,038	23.32	—	$0
Nov 1996	843	21.97	—	$0
Oct 1996	684	23.31	—	$0
Sep 1996	658	22.22	—	$0
Aug 1996	691	20.26	—	$0
Jul 1996	796	19.55	—	$0
Jun 1996	841	18.73	—	$0
May 1996	858	19.43	—	$0
Apr 1996	749	21.51	—	$0
Mar 1996	1,111	19.38	—	$0
Feb 1996	1,048	16.98	—	$0
Jan 1996	1,315	17.07	—	$0
Dec 1995	1,172	17.19	—	$0
Nov 1995	904	16.00	—	$0
Oct 1995	979	15.43	—	$0
Sep 1995	946	16.18	—	$0
Aug 1995	1,003	15.92	—	$0
Jul 1995	1,036	15.24	—	$0
Jun 1995	918	16.41	—	$0
May 1995	1,071	17.56	—	$0
Apr 1995	1,085	17.73	—	$0
Mar 1995	1,033	16.44	—	$0
Feb 1995	966	16.58	—	$0
Jan 1995	1,006	15.92	—	$0
Dec 1994	1,020	15.03	—	$0
Nov 1994	1,009	15.90	—	$0
Oct 1994	1,025	15.58	—	$0
Sep 1994	1,008	15.29	—	$0
Aug 1994	1,114	16.13	—	$0
Jul 1994	1,084	17.56	—	$0
Jun 1994	781	17.09	—	$0
May 1994	1,034	15.88	—	$0
Apr 1994	1,108	14.14	—	$0
Mar 1994	1,076	12.46	—	$0
Feb 1994	955	12.50	—	$0
Jan 1994	1,163	12.66	—	$0
Dec 1993	1,181	12.33	—	$0
Nov 1993	1,067	14.49	—	$0
Oct 1993	1,166	15.85	—	$0
Sep 1993	1,165	15.03	—	$0
Aug 1993	1,144	15.66	—	$0
Jul 1993	1,062	15.46	—	$0
Jun 1993	809	16.79	—	$0
May 1993	872	17.68	—	$0
Apr 1993	797	18.05	—	$0
Mar 1993	815	18.14	—	$0
Feb 1993	762	17.90	—	$0
Jan 1993	849	16.93	—	$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.

Mar 2012 — as filed, then multipliedworked

Gas                  130 Mcf  × $  2.22 =       $289

────────────────────────────────────────────────────
Month total                                     $289

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. 10/G/125968 is the state's own key, not one this site invented.