FRANKS

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 27007District 10Field 68826001GasSaveExport
Value, all time
$48 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

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
GasProduction13,883 Mcf$48,421
Total$48,421

4,010 Mcf of this lease's gas, across 41 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 35.1719, -100.4811. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.17189, -100.48107 · 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
2,305 ft
1 wells filed one
Completion to plug
54.3 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 2,305 ft.

Completions filed
Jun 1959
1 of 1 wells
Plug dates filed
Oct 2013
1 of 1 wells

Last completion to plug: a median of 54.3 years across the 1 well that filed both dates, with the middle half between 54.3 years and 54.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-08700378B 22,305 ftJun 1959Oct 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 2009042.144.06$0
Feb 2009032.814.63$0
Jan 20095335.865.37$285
Dec 20086037.105.98$359
Nov 20086155.496.86$418
Oct 20086275.246.92$429
Sep 200862101.767.88$488
Aug 200871114.228.48$602
Jul 200877131.0811.39$877
Jun 200881131.3313.03$1,056
May 200890123.1711.57$1,042
Apr 200899110.3110.45$1,035
Mar 200811101.909.66$106
Feb 20081692.538.77$140
Jan 20081890.388.21$148
Dec 20072288.337.30$161
Nov 20074191.677.29$299
Oct 20076482.856.92$443
Sep 20075875.846.24$362
Aug 20075169.066.39$326
Jul 20075370.906.39$339
Jun 20074962.007.55$370
May 20074958.747.85$384
Apr 20075259.617.81$406
Mar 20075556.927.30$402
Feb 20075055.108.22$411
Jan 20074950.306.73$330
Dec 20065356.656.92$367
Nov 20065154.207.62$388
Oct 20064954.906.01$295
Sep 20064960.085.04$247
Aug 20065168.717.34$374
Jul 20065369.376.34$336
Jun 20065466.286.38$345
May 20065766.016.42$366
Apr 20065664.397.36$412
Mar 20065956.707.08$418
Feb 20065257.597.75$403
Jan 20065860.598.93$518
Dec 20055254.9413.42$698
Nov 20056454.6910.59$678
Oct 20056658.3413.80$911
Sep 20056461.4512.08$773
Aug 20056561.519.80$637
Jul 20056755.697.84$526
Jun 20057152.337.38$524
May 20057745.226.65$512
Apr 20057949.207.36$581
Mar 200524550.377.15$1,753
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 20045536.106.43$354
May 20046237.486.49$403
Apr 20046034.475.86$352
Mar 20046234.365.53$343
Feb 20045632.455.51$309
Jan 20047932.036.30$498
Dec 20036930.266.30$435
Nov 20036028.804.60$276
Oct 20036028.174.76$286
Sep 20036326.314.75$299
Aug 20036929.765.13$354
Jul 20036629.415.17$341
Jun 200326328.565.98$1,574
May 20037326.595.97$436
Apr 20036826.675.41$368
Mar 20036631.146.10$402
Feb 20035633.487.93$444
Jan 20034830.315.58$268
Dec 20024826.914.85$233
Nov 20024424.664.14$182
Oct 20024426.464.23$186
Sep 20026327.443.64$229
Aug 20027025.963.16$221
Jul 20026624.583.06$202
Jun 20026323.733.34$210
May 20026324.663.58$226
Apr 20025423.653.51$190
Mar 20026622.003.10$205
Feb 20026418.222.38$152
Jan 20027017.172.38$166
Dec 20016416.932.36$151
Nov 20016618.072.41$159
Oct 20017319.782.53$185
Sep 20017324.262.25$164
Aug 20018024.873.05$244
Jul 20018523.933.20$272
Jun 20015324.563.82$203
May 20018725.524.31$375
Apr 20013824.685.34$203
Mar 20016924.545.38$371
Feb 20016727.755.77$386
Jan 20017627.478.40$638
Dec 20007126.889.12$648
Nov 20008632.215.66$487
Oct 20006831.235.15$350
Sep 20006731.875.19$348
Aug 20006529.644.54$295
Jul 20007728.534.09$315
Jun 20008929.304.40$391
May 20007727.263.68$283
Apr 200011624.513.12$361
Mar 200011628.422.86$332
Feb 200014527.622.73$395
Jan 20006425.272.48$159
Dec 19999724.282.42$235
Nov 19997323.192.43$178
Oct 19997320.982.80$205
Sep 19998721.752.62$228
Aug 19997919.262.88$227
Jul 19997717.892.37$183
Jun 19999415.942.36$222
May 19996715.792.32$156
Apr 19997515.102.21$166
Mar 19998312.471.84$153
Feb 1999809.981.82$145
Jan 19996710.381.90$127
Dec 1998779.201.77$137
Nov 19987710.892.19$168
Oct 19988612.421.97$169
Sep 19988612.592.08$179
Aug 19988211.301.91$156
Jul 199810111.742.24$226
Jun 199811211.242.24$251
May 199811612.622.21$256
Apr 19988213.042.51$205
Mar 19988412.802.31$194
Feb 199810113.952.30$232
Jan 199810114.702.15$218
Dec 19978816.322.41$212
Nov 19977618.193.09$235
Oct 19977519.253.15$236
Sep 199710617.742.95$313
Aug 19977717.862.55$197
Jul 19978017.582.25$180
Jun 199710517.242.26$237
May 19976818.972.31$157
Apr 199710117.882.08$210
Mar 199710618.951.94$206
Feb 19977420.492.21$163
Jan 19979223.483.54$326
Dec 199610123.32$0
Nov 199610121.97$0
Oct 19968423.31$0
Sep 19967322.22$0
Aug 19969820.26$0
Jul 199610219.55$0
Jun 199610118.73$0
May 199610119.43$0
Apr 199610321.51$0
Mar 19969419.38$0
Feb 199610116.98$0
Jan 199611817.07$0
Dec 199513417.19$0
Nov 199510316.00$0
Oct 19957515.43$0
Sep 199556816.18$0
Aug 19953515.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 19942115.03$0
Nov 19948015.90$0
Oct 19947915.58$0
Sep 19949015.29$0
Aug 19949316.13$0
Jul 19948217.56$0
Jun 19948917.09$0
May 19949915.88$0
Apr 19947814.14$0
Mar 19948112.46$0
Feb 19947612.50$0
Jan 19946312.66$0
Dec 19938112.33$0
Nov 19939614.49$0
Oct 19937815.85$0
Sep 19939915.03$0
Aug 19937915.66$0
Jul 19938915.46$0
Jun 19935916.79$0
May 19932117.68$0
Apr 19933718.05$0
Mar 199314218.14$0
Feb 19937317.90$0
Jan 199313316.93$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.

Jan 2009 — as filed, then multipliedworked
Gas                   53 Mcf  × $  5.37 =       $285

────────────────────────────────────────────────────
Month total                                     $285

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/27007 is the state's own key, not one this site invented.