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 ENERGY CORPORATION (P-5 684634) 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 27008District 10Field 68826001GasSave Export

Value, all time

$327 k

Jan 1993 – Mar 2022

Value, last 12 filed months

at the published price for each month

Months reported

351

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	95,099 Mcf	$327,004
Total			$327,004

17,884 Mcf of this lease's gas, across 24 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 35.1718, -100.4724. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.17182, -100.47245 · 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

2,393 ft

1 wells filed one

Completion to plug

62.8 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 2,393 ft.

Completions filed

Jun 1959

1 of 1 wells

Plug dates filed

Apr 2022

1 of 1 wells

Last completion to plug: a median of 62.8 years across the 1 well that filed both dates, with the middle half between 62.8 years and 62.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-08780417	B 3	2,393 ft	Jun 1959	Apr 2022	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 (351)

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

351 months


Mar 2022	0	108.88	5.08	$0
Feb 2022	0	91.05	4.86	$0
Jan 2022	0	81.84	4.54	$0
Dec 2021	0	71.32	3.90	$0
Nov 2021	0	77.43	5.24	$0
Oct 2021	0	79.79	5.71	$0
Sep 2021	0	69.86	5.35	$0
Aug 2021	0	66.02	4.22	$0
Jul 2021	0	70.78	3.98	$0
Jun 2021	0	69.49	3.38	$0
May 2021	0	63.48	3.02	$0
Apr 2021	0	60.36	2.76	$0
Mar 2021	0	61.30	2.72	$0
Feb 2021	0	57.80	5.55	$0
Jan 2021	0	50.41	2.81	$0
Dec 2020	0	44.64	2.68	$0
Nov 2020	0	38.77	2.71	$0
Oct 2020	0	36.97	2.48	$0
Sep 2020	0	37.09	1.99	$0
Aug 2020	0	39.98	2.39	$0
Jul 2020	0	38.37	1.83	$0
Jun 2020	0	34.90	1.69	$0
May 2020	0	16.92	1.81	$0
Apr 2020	166	14.75	1.80	$300
Mar 2020	172	30.34	1.86	$319
Feb 2020	166	49.88	1.98	$329
Jan 2020	174	57.25	2.09	$364
Dec 2019	184	59.01	2.30	$424
Nov 2019	120	55.30	2.75	$330
Oct 2019	185	53.47	2.42	$447
Sep 2019	187	55.05	2.66	$497
Aug 2019	195	53.11	2.30	$449
Jul 2019	201	56.27	2.46	$494
Jun 2019	197	52.78	2.49	$491
May 2019	206	58.48	2.74	$565
Apr 2019	200	62.63	2.75	$550
Mar 2019	142	56.80	3.06	$435
Feb 2019	173	50.85	2.79	$483
Jan 2019	199	46.03	3.23	$642
Dec 2018	203	46.59	4.19	$850
Nov 2018	201	52.93	4.24	$852
Oct 2018	212	61.44	3.40	$720
Sep 2018	214	59.54	3.11	$665
Aug 2018	194	59.40	3.07	$595
Jul 2018	187	65.14	2.93	$548
Jun 2018	220	60.18	3.08	$677
May 2018	240	65.38	2.90	$696
Apr 2018	199	63.84	2.90	$577
Mar 2018	216	61.22	2.79	$602
Feb 2018	212	61.78	2.77	$586
Jan 2018	233	62.87	4.01	$934
Dec 2017	236	57.27	2.92	$689
Nov 2017	230	55.42	3.12	$717
Oct 2017	212	49.29	2.98	$633
Sep 2017	262	47.52	3.09	$809
Aug 2017	302	45.37	3.00	$907
Jul 2017	315	43.87	3.09	$972
Jun 2017	253	42.49	3.09	$781
May 2017	280	45.37	3.26	$914
Apr 2017	309	47.93	3.21	$992
Mar 2017	466	46.77	2.98	$1,390
Feb 2017	0	50.45	2.95	$0
Jan 2017	0	49.41	3.42	$0
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	205	26.47	2.06	$423
Jan 2016	198	27.35	2.36	$468
Dec 2015	160	32.36	2.00	$320
Nov 2015	197	38.79	2.17	$427
Oct 2015	223	43.55	2.43	$541
Sep 2015	224	42.99	2.76	$618
Aug 2015	222	40.16	2.87	$638
Jul 2015	232	48.15	2.95	$683
Jun 2015	216	56.15	2.88	$623
May 2015	222	55.21	2.96	$656
Apr 2015	231	49.82	2.71	$625
Mar 2015	242	42.89	2.93	$710
Feb 2015	219	44.66	2.98	$652
Jan 2015	223	43.43	3.10	$691
Dec 2014	225	54.69	3.59	$808
Nov 2014	228	70.46	4.25	$969
Oct 2014	246	78.30	3.90	$960
Sep 2014	211	86.16	4.05	$854
Aug 2014	186	89.39	4.04	$751
Jul 2014	227	96.56	4.18	$949
Jun 2014	228	98.16	4.74	$1,080
May 2014	244	94.73	4.73	$1,153
Apr 2014	221	95.94	4.81	$1,063
Mar 2014	229	95.89	5.06	$1,158
Feb 2014	173	97.40	6.19	$1,071
Jan 2014	240	90.40	4.86	$1,167
Dec 2013	244	91.82	4.35	$1,062
Nov 2013	205	88.85	3.74	$766
Oct 2013	219	97.42	3.78	$828
Sep 2013	238	104.11	3.72	$885
Aug 2013	304	104.25	3.52	$1,071
Jul 2013	369	102.52	3.72	$1,372
Jun 2013	360	94.40	3.93	$1,416
May 2013	352	94.83	4.15	$1,460
Apr 2013	218	93.96	4.28	$934
Mar 2013	177	93.62	3.91	$693
Feb 2013	208	91.23	3.42	$711
Jan 2013	253	91.60	3.42	$865
Dec 2012	242	86.77	3.42	$828
Nov 2012	244	86.95	3.62	$884
Oct 2012	237	89.38	3.40	$806
Sep 2012	245	94.67	2.92	$715
Aug 2012	242	92.66	2.91	$704
Jul 2012	261	85.13	3.02	$788
Jun 2012	254	79.82	2.52	$640
May 2012	280	91.61	2.49	$697
Apr 2012	240	101.65	2.00	$479
Mar 2012	263	105.05	2.22	$584
Feb 2012	242	101.10	2.57	$622
Jan 2012	260	98.09	2.73	$711
Dec 2011	254	96.87	3.24	$823
Nov 2011	30	95.72	3.31	$99
Oct 2011	22	84.98	3.65	$80
Sep 2011	128	83.62	3.99	$510
Aug 2011	255	83.40	4.15	$1,058
Jul 2011	261	94.14	4.52	$1,179
Jun 2011	258	92.90	4.64	$1,197
May 2011	263	98.13	4.40	$1,158
Apr 2011	258	105.96	4.33	$1,118
Mar 2011	263	96.36	4.06	$1,067
Feb 2011	220	85.64	4.18	$920
Jan 2011	245	86.50	4.59	$1,124
Dec 2010	248	85.73	4.35	$1,078
Nov 2010	247	80.84	3.80	$937
Oct 2010	262	78.10	3.51	$919
Sep 2010	255	72.63	3.98	$1,015
Aug 2010	280	73.68	4.42	$1,237
Jul 2010	271	72.55	4.74	$1,284
Jun 2010	265	70.36	4.91	$1,301
May 2010	272	71.12	4.24	$1,152
Apr 2010	259	81.69	4.12	$1,068
Mar 2010	266	78.39	4.39	$1,167
Feb 2010	217	73.58	5.44	$1,181
Jan 2010	242	74.36	5.96	$1,443
Dec 2009	246	71.44	5.48	$1,349
Nov 2009	251	74.59	3.75	$942
Oct 2009	256	72.54	4.11	$1,052
Sep 2009	250	65.54	3.06	$766
Aug 2009	257	67.42	3.22	$827
Jul 2009	267	61.13	3.46	$925
Jun 2009	262	66.16	3.90	$1,020
May 2009	244	54.74	3.93	$958
Apr 2009	234	46.77	3.59	$839
Mar 2009	255	42.14	4.06	$1,035
Feb 2009	237	32.81	4.63	$1,098
Jan 2009	242	35.86	5.37	$1,300
Dec 2008	248	37.10	5.98	$1,482
Nov 2008	246	55.49	6.86	$1,688
Oct 2008	252	75.24	6.92	$1,744
Sep 2008	262	101.76	7.88	$2,064
Aug 2008	257	114.22	8.48	$2,180
Jul 2008	253	131.08	11.39	$2,882
Jun 2008	258	131.33	13.03	$3,362
May 2008	252	123.17	11.57	$2,917
Apr 2008	227	110.31	10.45	$2,373
Mar 2008	242	101.90	9.66	$2,339
Feb 2008	226	92.53	8.77	$1,982
Jan 2008	246	90.38	8.21	$2,019
Dec 2007	244	88.33	7.30	$1,782
Nov 2007	193	91.67	7.29	$1,407
Oct 2007	258	82.85	6.92	$1,786
Sep 2007	255	75.84	6.24	$1,592
Aug 2007	263	69.06	6.39	$1,680
Jul 2007	283	70.90	6.39	$1,808
Jun 2007	241	62.00	7.55	$1,819
May 2007	262	58.74	7.85	$2,056
Apr 2007	252	59.61	7.81	$1,967
Mar 2007	249	56.92	7.30	$1,818
Feb 2007	203	55.10	8.22	$1,668
Jan 2007	244	50.30	6.73	$1,641
Dec 2006	245	56.65	6.92	$1,695
Nov 2006	261	54.20	7.62	$1,988
Oct 2006	253	54.90	6.01	$1,521
Sep 2006	275	60.08	5.04	$1,385
Aug 2006	275	68.71	7.34	$2,018
Jul 2006	281	69.37	6.34	$1,782
Jun 2006	274	66.28	6.38	$1,749
May 2006	253	66.01	6.42	$1,626
Apr 2006	273	64.39	7.36	$2,009
Mar 2006	226	56.70	7.08	$1,601
Feb 2006	236	57.59	7.75	$1,829
Jan 2006	269	60.59	8.93	$2,403
Dec 2005	232	54.94	13.42	$3,112
Nov 2005	257	54.69	10.59	$2,721
Oct 2005	255	58.34	13.80	$3,518
Sep 2005	268	61.45	12.08	$3,237
Aug 2005	249	61.51	9.80	$2,439
Jul 2005	281	55.69	7.84	$2,204
Jun 2005	275	52.33	7.38	$2,030
May 2005	267	45.22	6.65	$1,776
Apr 2005	265	49.20	7.36	$1,951
Mar 2005	264	50.37	7.15	$1,889
Feb 2005	0	45.22	6.31	$0
Jan 2005	288	43.16	6.32	$1,821
Dec 2004	287	39.86	6.75	$1,938
Nov 2004	271	45.28	6.33	$1,716
Oct 2004	282	49.70	6.52	$1,837
Sep 2004	292	43.24	5.28	$1,543
Aug 2004	301	42.37	5.55	$1,671
Jul 2004	298	38.28	6.08	$1,813
Jun 2004	286	36.10	6.43	$1,840
May 2004	308	37.48	6.49	$2,000
Apr 2004	306	34.47	5.86	$1,793
Mar 2004	313	34.36	5.53	$1,731
Feb 2004	262	32.45	5.51	$1,444
Jan 2004	256	32.03	6.30	$1,613
Dec 2003	222	30.26	6.30	$1,399
Nov 2003	270	28.80	4.60	$1,241
Oct 2003	309	28.17	4.76	$1,471
Sep 2003	220	26.31	4.75	$1,045
Aug 2003	262	29.76	5.13	$1,344
Jul 2003	308	29.41	5.17	$1,593
Jun 2003	306	28.56	5.98	$1,831
May 2003	300	26.59	5.97	$1,792
Apr 2003	307	26.67	5.41	$1,660
Mar 2003	306	31.14	6.10	$1,865
Feb 2003	278	33.48	7.93	$2,203
Jan 2003	301	30.31	5.58	$1,680
Dec 2002	297	26.91	4.85	$1,442
Nov 2002	310	24.66	4.14	$1,282
Oct 2002	322	26.46	4.23	$1,362
Sep 2002	296	27.44	3.64	$1,076
Aug 2002	302	25.96	3.16	$956
Jul 2002	328	24.58	3.06	$1,004
Jun 2002	313	23.73	3.34	$1,045
May 2002	322	24.66	3.58	$1,154
Apr 2002	304	23.65	3.51	$1,068
Mar 2002	302	22.00	3.10	$937
Feb 2002	281	18.22	2.38	$668
Jan 2002	320	17.17	2.38	$760
Dec 2001	351	16.93	2.36	$830
Nov 2001	307	18.07	2.41	$738
Oct 2001	332	19.78	2.53	$840
Sep 2001	301	24.26	2.25	$678
Aug 2001	339	24.87	3.05	$1,035
Jul 2001	346	23.93	3.20	$1,106
Jun 2001	338	24.56	3.82	$1,293
May 2001	341	25.52	4.31	$1,469
Apr 2001	329	24.68	5.34	$1,755
Mar 2001	336	24.54	5.38	$1,806
Feb 2001	295	27.75	5.77	$1,701
Jan 2001	333	27.47	8.40	$2,797
Dec 2000	322	26.88	9.12	$2,937
Nov 2000	316	32.21	5.66	$1,788
Oct 2000	333	31.23	5.15	$1,713
Sep 2000	351	31.87	5.19	$1,820
Aug 2000	354	29.64	4.54	$1,607
Jul 2000	392	28.53	4.09	$1,603
Jun 2000	382	29.30	4.40	$1,680
May 2000	332	27.26	3.68	$1,222
Apr 2000	359	24.51	3.12	$1,119
Mar 2000	359	28.42	2.86	$1,027
Feb 2000	363	27.62	2.73	$990
Jan 2000	335	25.27	2.48	$831
Dec 1999	347	24.28	2.42	$841
Nov 1999	384	23.19	2.43	$935
Oct 1999	378	20.98	2.80	$1,060
Sep 1999	405	21.75	2.62	$1,061
Aug 1999	396	19.26	2.88	$1,139
Jul 1999	377	17.89	2.37	$894
Jun 1999	422	15.94	2.36	$997
May 1999	387	15.79	2.32	$898
Apr 1999	401	15.10	2.21	$885
Mar 1999	423	12.47	1.84	$778
Feb 1999	335	9.98	1.82	$609
Jan 1999	402	10.38	1.90	$764
Dec 1998	402	9.20	1.77	$713
Nov 1998	451	10.89	2.19	$986
Oct 1998	493	12.42	1.97	$971
Sep 1998	493	12.59	2.08	$1,027
Aug 1998	486	11.30	1.91	$927
Jul 1998	452	11.74	2.24	$1,011
Jun 1998	519	11.24	2.24	$1,161
May 1998	599	12.62	2.21	$1,322
Apr 1998	449	13.04	2.51	$1,125
Mar 1998	580	12.80	2.31	$1,339
Feb 1998	459	13.95	2.30	$1,055
Jan 1998	452	14.70	2.15	$974
Dec 1997	586	16.32	2.41	$1,413
Nov 1997	467	18.19	3.09	$1,442
Oct 1997	547	19.25	3.15	$1,723
Sep 1997	676	17.74	2.95	$1,998
Aug 1997	640	17.86	2.55	$1,635
Jul 1997	703	17.58	2.25	$1,580
Jun 1997	814	17.24	2.26	$1,837
May 1997	519	18.97	2.31	$1,198
Apr 1997	535	17.88	2.08	$1,114
Mar 1997	721	18.95	1.94	$1,398
Feb 1997	618	20.49	2.21	$1,363
Jan 1997	631	23.48	3.54	$2,234
Dec 1996	744	23.32	—	$0
Nov 1996	724	21.97	—	$0
Oct 1996	789	23.31	—	$0
Sep 1996	760	22.22	—	$0
Aug 1996	891	20.26	—	$0
Jul 1996	711	19.55	—	$0
Jun 1996	942	18.73	—	$0
May 1996	1,014	19.43	—	$0
Apr 1996	1,178	21.51	—	$0
Mar 1996	1,203	19.38	—	$0
Feb 1996	1,421	16.98	—	$0
Jan 1996	1,683	17.07	—	$0
Dec 1995	2,089	17.19	—	$0
Nov 1995	2,093	16.00	—	$0
Oct 1995	0	15.43	—	$0
Sep 1995	0	16.18	—	$0
Aug 1995	9	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	1,421	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	9	14.49	—	$0
Oct 1993	0	15.85	—	$0
Sep 1993	0	15.03	—	$0
Aug 1993	2	15.66	—	$0
Jul 1993	7	15.46	—	$0
Jun 1993	35	16.79	—	$0
May 1993	30	17.68	—	$0
Apr 1993	24	18.05	—	$0
Mar 1993	82	18.14	—	$0
Feb 1993	0	17.90	—	$0
Jan 1993	23	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.

Apr 2020 — as filed, then multipliedworked

Gas                  166 Mcf  × $  1.80 =       $300

────────────────────────────────────────────────────
Month total                                     $300

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/27008 is the state's own key, not one this site invented.