FRANKS

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

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 27004District 10Field 68826001GasSave Export

Value, all time

$162 k

Jan 1993 – Mar 2011

Value, last 12 filed months

at the published price for each month

Months reported

219

no gaps in the span

Streams

gas

The PANHANDLE, EAST 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 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”

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	39,180 Mcf	$161,895
Total			$161,895

3,823 Mcf of this lease's gas, across 14 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 35.1792, -100.4993. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.17916, -100.49933 · 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

2,538 ft

1 wells filed one

Completion to plug

51.8 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 2,538 ft.

Completions filed

May 1959

1 of 1 wells

Plug dates filed

Mar 2011

1 of 1 wells

Last completion to plug: a median of 51.8 years across the 1 well that filed both dates, with the middle half between 51.8 years and 51.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-08700375	A 1	2,538 ft	May 1959	Mar 2011	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 (219)

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

219 months


Mar 2011	0	96.36	4.06	$0
Feb 2011	0	85.64	4.18	$0
Jan 2011	0	86.50	4.59	$0
Dec 2010	0	85.73	4.35	$0
Nov 2010	0	80.84	3.80	$0
Oct 2010	0	78.10	3.51	$0
Sep 2010	0	72.63	3.98	$0
Aug 2010	0	73.68	4.42	$0
Jul 2010	0	72.55	4.74	$0
Jun 2010	0	70.36	4.91	$0
May 2010	0	71.12	4.24	$0
Apr 2010	0	81.69	4.12	$0
Mar 2010	0	78.39	4.39	$0
Feb 2010	0	73.58	5.44	$0
Jan 2010	0	74.36	5.96	$0
Dec 2009	0	71.44	5.48	$0
Nov 2009	0	74.59	3.75	$0
Oct 2009	1	72.54	4.11	$4
Sep 2009	0	65.54	3.06	$0
Aug 2009	210	67.42	3.22	$676
Jul 2009	214	61.13	3.46	$741
Jun 2009	201	66.16	3.90	$783
May 2009	170	54.74	3.93	$667
Apr 2009	138	46.77	3.59	$495
Mar 2009	170	42.14	4.06	$690
Feb 2009	153	32.81	4.63	$709
Jan 2009	169	35.86	5.37	$908
Dec 2008	134	37.10	5.98	$801
Nov 2008	125	55.49	6.86	$858
Oct 2008	105	75.24	6.92	$727
Sep 2008	88	101.76	7.88	$693
Aug 2008	0	114.22	8.48	$0
Jul 2008	0	131.08	11.39	$0
Jun 2008	137	131.33	13.03	$1,785
May 2008	206	123.17	11.57	$2,384
Apr 2008	193	110.31	10.45	$2,018
Mar 2008	196	101.90	9.66	$1,894
Feb 2008	158	92.53	8.77	$1,386
Jan 2008	236	90.38	8.21	$1,937
Dec 2007	182	88.33	7.30	$1,329
Nov 2007	212	91.67	7.29	$1,546
Oct 2007	263	82.85	6.92	$1,820
Sep 2007	242	75.84	6.24	$1,511
Aug 2007	173	69.06	6.39	$1,105
Jul 2007	134	70.90	6.39	$856
Jun 2007	128	62.00	7.55	$966
May 2007	169	58.74	7.85	$1,326
Apr 2007	222	59.61	7.81	$1,733
Mar 2007	250	56.92	7.30	$1,825
Feb 2007	117	55.10	8.22	$961
Jan 2007	114	50.30	6.73	$767
Dec 2006	139	56.65	6.92	$962
Nov 2006	189	54.20	7.62	$1,440
Oct 2006	322	54.90	6.01	$1,936
Sep 2006	196	60.08	5.04	$987
Aug 2006	318	68.71	7.34	$2,334
Jul 2006	332	69.37	6.34	$2,106
Jun 2006	335	66.28	6.38	$2,139
May 2006	341	66.01	6.42	$2,191
Apr 2006	278	64.39	7.36	$2,046
Mar 2006	162	56.70	7.08	$1,147
Feb 2006	160	57.59	7.75	$1,240
Jan 2006	94	60.59	8.93	$840
Dec 2005	198	54.94	13.42	$2,656
Nov 2005	271	54.69	10.59	$2,869
Oct 2005	254	58.34	13.80	$3,504
Sep 2005	73	61.45	12.08	$882
Aug 2005	183	61.51	9.80	$1,793
Jul 2005	366	55.69	7.84	$2,871
Jun 2005	265	52.33	7.38	$1,956
May 2005	26	45.22	6.65	$173
Apr 2005	266	49.20	7.36	$1,958
Mar 2005	298	50.37	7.15	$2,132
Feb 2005	0	45.22	6.31	$0
Jan 2005	194	43.16	6.32	$1,227
Dec 2004	54	39.86	6.75	$365
Nov 2004	5	45.28	6.33	$32
Oct 2004	54	49.70	6.52	$352
Sep 2004	0	43.24	5.28	$0
Aug 2004	0	42.37	5.55	$0
Jul 2004	0	38.28	6.08	$0
Jun 2004	51	36.10	6.43	$328
May 2004	46	37.48	6.49	$299
Apr 2004	138	34.47	5.86	$808
Mar 2004	243	34.36	5.53	$1,344
Feb 2004	193	32.45	5.51	$1,063
Jan 2004	92	32.03	6.30	$580
Dec 2003	40	30.26	6.30	$252
Nov 2003	0	28.80	4.60	$0
Oct 2003	176	28.17	4.76	$838
Sep 2003	200	26.31	4.75	$950
Aug 2003	226	29.76	5.13	$1,159
Jul 2003	206	29.41	5.17	$1,065
Jun 2003	188	28.56	5.98	$1,125
May 2003	51	26.59	5.97	$305
Apr 2003	0	26.67	5.41	$0
Mar 2003	0	31.14	6.10	$0
Feb 2003	144	33.48	7.93	$1,141
Jan 2003	188	30.31	5.58	$1,049
Dec 2002	162	26.91	4.85	$786
Nov 2002	167	24.66	4.14	$691
Oct 2002	280	26.46	4.23	$1,184
Sep 2002	197	27.44	3.64	$716
Aug 2002	194	25.96	3.16	$614
Jul 2002	285	24.58	3.06	$873
Jun 2002	296	23.73	3.34	$988
May 2002	102	24.66	3.58	$366
Apr 2002	220	23.65	3.51	$773
Mar 2002	231	22.00	3.10	$717
Feb 2002	82	18.22	2.38	$195
Jan 2002	246	17.17	2.38	$584
Dec 2001	245	16.93	2.36	$579
Nov 2001	320	18.07	2.41	$770
Oct 2001	373	19.78	2.53	$943
Sep 2001	361	24.26	2.25	$813
Aug 2001	377	24.87	3.05	$1,151
Jul 2001	416	23.93	3.20	$1,330
Jun 2001	469	24.56	3.82	$1,794
May 2001	475	25.52	4.31	$2,046
Apr 2001	241	24.68	5.34	$1,286
Mar 2001	368	24.54	5.38	$1,979
Feb 2001	179	27.75	5.77	$1,032
Jan 2001	367	27.47	8.40	$3,082
Dec 2000	318	26.88	9.12	$2,901
Nov 2000	339	32.21	5.66	$1,918
Oct 2000	373	31.23	5.15	$1,919
Sep 2000	365	31.87	5.19	$1,893
Aug 2000	398	29.64	4.54	$1,807
Jul 2000	403	28.53	4.09	$1,648
Jun 2000	431	29.30	4.40	$1,895
May 2000	386	27.26	3.68	$1,420
Apr 2000	471	24.51	3.12	$1,468
Mar 2000	471	28.42	2.86	$1,347
Feb 2000	345	27.62	2.73	$941
Jan 2000	402	25.27	2.48	$997
Dec 1999	309	24.28	2.42	$749
Nov 1999	329	23.19	2.43	$801
Oct 1999	375	20.98	2.80	$1,051
Sep 1999	404	21.75	2.62	$1,058
Aug 1999	338	19.26	2.88	$972
Jul 1999	349	17.89	2.37	$828
Jun 1999	443	15.94	2.36	$1,046
May 1999	323	15.79	2.32	$750
Apr 1999	387	15.10	2.21	$855
Mar 1999	422	12.47	1.84	$776
Feb 1999	240	9.98	1.82	$436
Jan 1999	387	10.38	1.90	$735
Dec 1998	387	9.20	1.77	$686
Nov 1998	410	10.89	2.19	$896
Oct 1998	441	12.42	1.97	$868
Sep 1998	441	12.59	2.08	$918
Aug 1998	429	11.30	1.91	$818
Jul 1998	341	11.74	2.24	$763
Jun 1998	601	11.24	2.24	$1,345
May 1998	531	12.62	2.21	$1,172
Apr 1998	168	13.04	2.51	$421
Mar 1998	201	12.80	2.31	$464
Feb 1998	227	13.95	2.30	$522
Jan 1998	341	14.70	2.15	$735
Dec 1997	0	16.32	2.41	$0
Nov 1997	0	18.19	3.09	$0
Oct 1997	248	19.25	3.15	$781
Sep 1997	516	17.74	2.95	$1,525
Aug 1997	39	17.86	2.55	$100
Jul 1997	182	17.58	2.25	$409
Jun 1997	249	17.24	2.26	$562
May 1997	212	18.97	2.31	$489
Apr 1997	220	17.88	2.08	$458
Mar 1997	197	18.95	1.94	$382
Feb 1997	160	20.49	2.21	$353
Jan 1997	390	23.48	3.54	$1,380
Dec 1996	244	23.32	—	$0
Nov 1996	178	21.97	—	$0
Oct 1996	284	23.31	—	$0
Sep 1996	369	22.22	—	$0
Aug 1996	291	20.26	—	$0
Jul 1996	222	19.55	—	$0
Jun 1996	83	18.73	—	$0
May 1996	261	19.43	—	$0
Apr 1996	275	21.51	—	$0
Mar 1996	255	19.38	—	$0
Feb 1996	498	16.98	—	$0
Jan 1996	382	17.07	—	$0
Dec 1995	309	17.19	—	$0
Nov 1995	172	16.00	—	$0
Oct 1995	0	15.43	—	$0
Sep 1995	0	16.18	—	$0
Aug 1995	0	15.92	—	$0
Jul 1995	0	15.24	—	$0
Jun 1995	0	16.41	—	$0
May 1995	0	17.56	—	$0
Apr 1995	0	17.73	—	$0
Mar 1995	0	16.44	—	$0
Feb 1995	0	16.58	—	$0
Jan 1995	0	15.92	—	$0
Dec 1994	0	15.03	—	$0
Nov 1994	0	15.90	—	$0
Oct 1994	0	15.58	—	$0
Sep 1994	0	15.29	—	$0
Aug 1994	0	16.13	—	$0
Jul 1994	0	17.56	—	$0
Jun 1994	0	17.09	—	$0
May 1994	0	15.88	—	$0
Apr 1994	0	14.14	—	$0
Mar 1994	0	12.46	—	$0
Feb 1994	0	12.50	—	$0
Jan 1994	0	12.66	—	$0
Dec 1993	0	12.33	—	$0
Nov 1993	0	14.49	—	$0
Oct 1993	0	15.85	—	$0
Sep 1993	0	15.03	—	$0
Aug 1993	0	15.66	—	$0
Jul 1993	0	15.46	—	$0
Jun 1993	0	16.79	—	$0
May 1993	0	17.68	—	$0
Apr 1993	0	18.05	—	$0
Mar 1993	0	18.14	—	$0
Feb 1993	0	17.90	—	$0
Jan 1993	0	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.

Oct 2009 — as filed, then multipliedworked

Gas                    1 Mcf  × $  4.11 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/27004 is the state's own key, not one this site invented.