FRANKS, H. E.

Operated by QUESTA OPERATING COMPANY, LLC (P-5 684641) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 26951District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$52 k
Jan 1993 – Oct 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
250
no gaps in the span
Streams
1
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
GasProduction17,758 Mcf$52,220
Total$52,220

5,653 Mcf of this lease's gas, across 43 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 35.1710, -100.0279. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.17100, -100.02790 · 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
2,400 ft
1 wells filed one
Completion to plug
53.4 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 2,400 ft.

Completions filed
May 1960
1 of 1 wells
Plug dates filed
Oct 2013
1 of 1 wells

Last completion to plug: a median of 53.4 years across the 1 well that filed both dates, with the middle half between 53.4 years and 53.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0878040210192,400 ftMay 1960Oct 2013Yes

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 (250)

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

250 months

Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 20094942.144.06$199
Feb 20095632.814.63$259
Jan 20095835.865.37$312
Dec 20085337.105.98$317
Nov 20085155.496.86$350
Oct 20085275.246.92$360
Sep 200850101.767.88$394
Aug 200854114.228.48$458
Jul 200853131.0811.39$604
Jun 200852131.3313.03$678
May 200853123.1711.57$613
Apr 200851110.3110.45$533
Mar 200852101.909.66$503
Feb 20084992.538.77$430
Jan 20085190.388.21$418
Dec 20075488.337.30$394
Nov 20074891.677.29$350
Oct 20075182.856.92$353
Sep 20074975.846.24$306
Aug 20075069.066.39$319
Jul 20074970.906.39$313
Jun 20074562.007.55$340
May 20074558.747.85$353
Apr 20073959.617.81$304
Mar 20073956.927.30$285
Feb 20073255.108.22$263
Jan 20073450.306.73$229
Dec 20063756.656.92$256
Nov 20063554.207.62$267
Oct 20063654.906.01$217
Sep 20063560.085.04$176
Aug 20063668.717.34$264
Jul 20063369.376.34$209
Jun 20063066.286.38$192
May 20062966.016.42$186
Apr 20062864.397.36$206
Mar 20061856.707.08$127
Feb 2006657.597.75$47
Jan 2006360.598.93$27
Dec 2005354.9413.42$40
Nov 20052154.6910.59$222
Oct 2005758.3413.80$97
Sep 20054261.4512.08$507
Aug 20059261.519.80$901
Jul 200510255.697.84$800
Jun 2005052.337.38$0
May 2005445.226.65$27
Apr 20056449.207.36$471
Mar 20056550.377.15$465
Feb 20055945.226.31$372
Jan 20056943.166.32$436
Dec 20047139.866.75$479
Nov 20046745.286.33$424
Oct 20046949.706.52$450
Sep 20047243.245.28$380
Aug 20047442.375.55$411
Jul 20047038.286.08$426
Jun 20047636.106.43$489
May 20048837.486.49$572
Apr 20048834.475.86$516
Mar 20047734.365.53$426
Feb 20047732.455.51$424
Jan 20048032.036.30$504
Dec 20037130.266.30$447
Nov 20037428.804.60$340
Oct 20037928.174.76$376
Sep 20037626.314.75$361
Aug 20037829.765.13$400
Jul 20037729.415.17$398
Jun 20037528.565.98$449
May 20037826.595.97$466
Apr 20037626.675.41$411
Mar 20037631.146.10$463
Feb 20037233.487.93$571
Jan 20038530.315.58$474
Dec 20028826.914.85$427
Nov 20028824.664.14$364
Oct 20029426.464.23$398
Sep 20028627.443.64$313
Aug 20029525.963.16$301
Jul 200210224.583.06$312
Jun 200210123.733.34$337
May 20029924.663.58$355
Apr 200210123.653.51$355
Mar 200210422.003.10$323
Feb 20028718.222.38$207
Jan 20028517.172.38$202
Dec 20019416.932.36$222
Nov 20019018.072.41$217
Oct 200110019.782.53$253
Sep 20019524.262.25$214
Aug 200110624.873.05$324
Jul 200111023.933.20$352
Jun 20019924.563.82$379
May 200110225.524.31$439
Apr 200110424.685.34$555
Mar 200110324.545.38$554
Feb 20019327.755.77$536
Jan 200110727.478.40$899
Dec 20008826.889.12$803
Nov 20009032.215.66$509
Oct 20009931.235.15$509
Sep 200010831.875.19$560
Aug 200010829.644.54$490
Jul 200012428.534.09$507
Jun 200011429.304.40$501
May 200010227.263.68$375
Apr 20009024.513.12$280
Mar 200010428.422.86$297
Feb 20006427.622.73$175
Jan 20008325.272.48$206
Dec 19998724.282.42$211
Nov 19993623.192.43$88
Oct 1999720.982.80$20
Sep 19997421.752.62$194
Aug 199911719.262.88$336
Jul 199911417.892.37$270
Jun 199912215.942.36$288
May 199910915.792.32$253
Apr 199911215.102.21$247
Mar 199911112.471.84$204
Feb 19991109.981.82$200
Jan 199911310.381.90$215
Dec 19981139.201.77$200
Nov 199812810.892.19$280
Oct 199811712.421.97$230
Sep 199814512.592.08$302
Aug 199814311.301.91$273
Jul 199814611.742.24$327
Jun 199815211.242.24$340
May 199816812.622.21$371
Apr 199813113.042.51$328
Mar 199815712.802.31$363
Feb 199812313.952.30$283
Jan 199813014.702.15$280
Dec 199714816.322.41$357
Nov 199713618.193.09$420
Oct 199713719.253.15$432
Sep 199718017.742.95$532
Aug 199714617.862.55$373
Jul 199714517.582.25$326
Jun 199718617.242.26$420
May 199712718.972.31$293
Apr 199717117.882.08$356
Mar 199717318.951.94$335
Feb 199714220.492.21$313
Jan 199714323.483.54$506
Dec 199616923.32$0
Nov 199616621.97$0
Oct 199617723.31$0
Sep 199618522.22$0
Aug 199620920.26$0
Jul 199619819.55$0
Jun 199618218.73$0
May 199618319.43$0
Apr 199613521.51$0
Mar 19961219.38$0
Feb 1996016.98$0
Jan 1996017.07$0
Dec 199511117.19$0
Nov 199510816.00$0
Oct 19956115.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995115.24$0
Jun 1995016.41$0
May 19951917.56$0
Apr 19953117.73$0
Mar 199510716.44$0
Feb 199513216.58$0
Jan 199515815.92$0
Dec 199413315.03$0
Nov 199414415.90$0
Oct 199413715.58$0
Sep 199414715.29$0
Aug 199414616.13$0
Jul 199413317.56$0
Jun 199415317.09$0
May 199413715.88$0
Apr 199415214.14$0
Mar 199414012.46$0
Feb 199419712.50$0
Jan 199415512.66$0
Dec 199314612.33$0
Nov 199315314.49$0
Oct 199313015.85$0
Sep 199311115.03$0
Aug 199312115.66$0
Jul 199312615.46$0
Jun 199312616.79$0
May 199312917.68$0
Apr 19936218.05$0
Mar 199312918.14$0
Feb 199312317.90$0
Jan 199317916.93$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 2009 — as filed, then multipliedworked
Gas                   49 Mcf  × $  4.06 =       $199

────────────────────────────────────────────────────
Month total                                     $199

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/26951 is the state's own key, not one this site invented.