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 27009District 10Field 68826001GasSave Export

Value, all time

$309 k

Jan 1993 – Oct 2013

Value, last 12 filed months

at the published price for each month

Months reported

250

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	94,123 Mcf	$309,428
Total			$309,428

26,706 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 35.1863, -100.4193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.18632, -100.41928 · 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

2,108 ft

1 wells filed one

Completion to plug

54.5 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 2,108 ft.

Completions filed

May 1959

1 of 1 wells

Plug dates filed

Nov 2013

1 of 1 wells

Last completion to plug: a median of 54.5 years across the 1 well that filed both dates, with the middle half between 54.5 years and 54.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48300609	C 1	2,108 ft	May 1959	Nov 2013	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 (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 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	44	91.61	2.49	$109
Apr 2012	81	101.65	2.00	$162
Mar 2012	174	105.05	2.22	$387
Feb 2012	174	101.10	2.57	$447
Jan 2012	66	98.09	2.73	$180
Dec 2011	199	96.87	3.24	$645
Nov 2011	17	95.72	3.31	$56
Oct 2011	0	84.98	3.65	$0
Sep 2011	77	83.62	3.99	$307
Aug 2011	244	83.40	4.15	$1,012
Jul 2011	246	94.14	4.52	$1,111
Jun 2011	260	92.90	4.64	$1,206
May 2011	277	98.13	4.40	$1,220
Apr 2011	275	105.96	4.33	$1,192
Mar 2011	287	96.36	4.06	$1,164
Feb 2011	217	85.64	4.18	$907
Jan 2011	244	86.50	4.59	$1,120
Dec 2010	202	85.73	4.35	$878
Nov 2010	205	80.84	3.80	$778
Oct 2010	74	78.10	3.51	$260
Sep 2010	75	72.63	3.98	$298
Aug 2010	80	73.68	4.42	$354
Jul 2010	249	72.55	4.74	$1,179
Jun 2010	262	70.36	4.91	$1,287
May 2010	277	71.12	4.24	$1,173
Apr 2010	249	81.69	4.12	$1,027
Mar 2010	279	78.39	4.39	$1,224
Feb 2010	245	73.58	5.44	$1,333
Jan 2010	273	74.36	5.96	$1,628
Dec 2009	284	71.44	5.48	$1,557
Nov 2009	293	74.59	3.75	$1,099
Oct 2009	317	72.54	4.11	$1,303
Sep 2009	0	65.54	3.06	$0
Aug 2009	322	67.42	3.22	$1,036
Jul 2009	334	61.13	3.46	$1,157
Jun 2009	315	66.16	3.90	$1,227
May 2009	287	54.74	3.93	$1,127
Apr 2009	314	46.77	3.59	$1,126
Mar 2009	351	42.14	4.06	$1,425
Feb 2009	297	32.81	4.63	$1,376
Jan 2009	278	35.86	5.37	$1,493
Dec 2008	303	37.10	5.98	$1,811
Nov 2008	307	55.49	6.86	$2,106
Oct 2008	328	75.24	6.92	$2,270
Sep 2008	276	101.76	7.88	$2,174
Aug 2008	56	114.22	8.48	$475
Jul 2008	80	131.08	11.39	$911
Jun 2008	127	131.33	13.03	$1,655
May 2008	286	123.17	11.57	$3,310
Apr 2008	255	110.31	10.45	$2,666
Mar 2008	301	101.90	9.66	$2,909
Feb 2008	287	92.53	8.77	$2,517
Jan 2008	307	90.38	8.21	$2,519
Dec 2007	312	88.33	7.30	$2,278
Nov 2007	222	91.67	7.29	$1,619
Oct 2007	293	82.85	6.92	$2,028
Sep 2007	301	75.84	6.24	$1,879
Aug 2007	319	69.06	6.39	$2,038
Jul 2007	227	70.90	6.39	$1,450
Jun 2007	281	62.00	7.55	$2,121
May 2007	312	58.74	7.85	$2,448
Apr 2007	302	59.61	7.81	$2,357
Mar 2007	336	56.92	7.30	$2,453
Feb 2007	256	55.10	8.22	$2,103
Jan 2007	319	50.30	6.73	$2,146
Dec 2006	351	56.65	6.92	$2,428
Nov 2006	310	54.20	7.62	$2,361
Oct 2006	431	54.90	6.01	$2,592
Sep 2006	454	60.08	5.04	$2,287
Aug 2006	454	68.71	7.34	$3,332
Jul 2006	468	69.37	6.34	$2,968
Jun 2006	454	66.28	6.38	$2,898
May 2006	438	66.01	6.42	$2,814
Apr 2006	455	64.39	7.36	$3,349
Mar 2006	404	56.70	7.08	$2,862
Feb 2006	352	57.59	7.75	$2,728
Jan 2006	311	60.59	8.93	$2,778
Dec 2005	322	54.94	13.42	$4,320
Nov 2005	336	54.69	10.59	$3,558
Oct 2005	328	58.34	13.80	$4,525
Sep 2005	329	61.45	12.08	$3,974
Aug 2005	317	61.51	9.80	$3,106
Jul 2005	352	55.69	7.84	$2,761
Jun 2005	347	52.33	7.38	$2,561
May 2005	324	45.22	6.65	$2,155
Apr 2005	342	49.20	7.36	$2,517
Mar 2005	332	50.37	7.15	$2,375
Feb 2005	0	45.22	6.31	$0
Jan 2005	313	43.16	6.32	$1,979
Dec 2004	382	39.86	6.75	$2,579
Nov 2004	275	45.28	6.33	$1,741
Oct 2004	50	49.70	6.52	$326
Sep 2004	359	43.24	5.28	$1,897
Aug 2004	391	42.37	5.55	$2,170
Jul 2004	402	38.28	6.08	$2,446
Jun 2004	382	36.10	6.43	$2,457
May 2004	398	37.48	6.49	$2,585
Apr 2004	375	34.47	5.86	$2,197
Mar 2004	434	34.36	5.53	$2,400
Feb 2004	327	32.45	5.51	$1,802
Jan 2004	0	32.03	6.30	$0
Dec 2003	173	30.26	6.30	$1,090
Nov 2003	375	28.80	4.60	$1,723
Oct 2003	414	28.17	4.76	$1,970
Sep 2003	273	26.31	4.75	$1,297
Aug 2003	189	29.76	5.13	$970
Jul 2003	410	29.41	5.17	$2,120
Jun 2003	394	28.56	5.98	$2,357
May 2003	367	26.59	5.97	$2,192
Apr 2003	397	26.67	5.41	$2,147
Mar 2003	397	31.14	6.10	$2,420
Feb 2003	359	33.48	7.93	$2,845
Jan 2003	387	30.31	5.58	$2,160
Dec 2002	426	26.91	4.85	$2,068
Nov 2002	449	24.66	4.14	$1,858
Oct 2002	448	26.46	4.23	$1,895
Sep 2002	438	27.44	3.64	$1,592
Aug 2002	442	25.96	3.16	$1,399
Jul 2002	456	24.58	3.06	$1,396
Jun 2002	446	23.73	3.34	$1,489
May 2002	466	24.66	3.58	$1,670
Apr 2002	381	23.65	3.51	$1,338
Mar 2002	311	22.00	3.10	$965
Feb 2002	371	18.22	2.38	$881
Jan 2002	420	17.17	2.38	$998
Dec 2001	436	16.93	2.36	$1,031
Nov 2001	432	18.07	2.41	$1,039
Oct 2001	463	19.78	2.53	$1,171
Sep 2001	328	24.26	2.25	$738
Aug 2001	455	24.87	3.05	$1,389
Jul 2001	424	23.93	3.20	$1,356
Jun 2001	416	24.56	3.82	$1,591
May 2001	393	25.52	4.31	$1,693
Apr 2001	433	24.68	5.34	$2,310
Mar 2001	419	24.54	5.38	$2,253
Feb 2001	330	27.75	5.77	$1,903
Jan 2001	435	27.47	8.40	$3,653
Dec 2000	421	26.88	9.12	$3,841
Nov 2000	445	32.21	5.66	$2,518
Oct 2000	488	31.23	5.15	$2,511
Sep 2000	428	31.87	5.19	$2,220
Aug 2000	420	29.64	4.54	$1,907
Jul 2000	522	28.53	4.09	$2,135
Jun 2000	381	29.30	4.40	$1,675
May 2000	432	27.26	3.68	$1,590
Apr 2000	465	24.51	3.12	$1,449
Mar 2000	465	28.42	2.86	$1,330
Feb 2000	504	27.62	2.73	$1,374
Jan 2000	431	25.27	2.48	$1,069
Dec 1999	448	24.28	2.42	$1,086
Nov 1999	517	23.19	2.43	$1,258
Oct 1999	347	20.98	2.80	$973
Sep 1999	539	21.75	2.62	$1,412
Aug 1999	516	19.26	2.88	$1,484
Jul 1999	491	17.89	2.37	$1,165
Jun 1999	504	15.94	2.36	$1,191
May 1999	521	15.79	2.32	$1,209
Apr 1999	450	15.10	2.21	$994
Mar 1999	545	12.47	1.84	$1,002
Feb 1999	521	9.98	1.82	$947
Jan 1999	513	10.38	1.90	$975
Dec 1998	502	9.20	1.77	$890
Nov 1998	609	10.89	2.19	$1,331
Oct 1998	621	12.42	1.97	$1,223
Sep 1998	621	12.59	2.08	$1,293
Aug 1998	563	11.30	1.91	$1,074
Jul 1998	430	11.74	2.24	$962
Jun 1998	586	11.24	2.24	$1,311
May 1998	605	12.62	2.21	$1,335
Apr 1998	599	13.04	2.51	$1,501
Mar 1998	718	12.80	2.31	$1,658
Feb 1998	544	13.95	2.30	$1,251
Jan 1998	430	14.70	2.15	$927
Dec 1997	873	16.32	2.41	$2,105
Nov 1997	640	18.19	3.09	$1,976
Oct 1997	638	19.25	3.15	$2,010
Sep 1997	707	17.74	2.95	$2,089
Aug 1997	597	17.86	2.55	$1,525
Jul 1997	636	17.58	2.25	$1,429
Jun 1997	745	17.24	2.26	$1,682
May 1997	546	18.97	2.31	$1,260
Apr 1997	747	17.88	2.08	$1,556
Mar 1997	542	18.95	1.94	$1,051
Feb 1997	398	20.49	2.21	$878
Jan 1997	617	23.48	3.54	$2,184
Dec 1996	636	23.32	—	$0
Nov 1996	588	21.97	—	$0
Oct 1996	733	23.31	—	$0
Sep 1996	503	22.22	—	$0
Aug 1996	720	20.26	—	$0
Jul 1996	545	19.55	—	$0
Jun 1996	713	18.73	—	$0
May 1996	765	19.43	—	$0
Apr 1996	766	21.51	—	$0
Mar 1996	649	19.38	—	$0
Feb 1996	698	16.98	—	$0
Jan 1996	796	17.07	—	$0
Dec 1995	679	17.19	—	$0
Nov 1995	672	16.00	—	$0
Oct 1995	663	15.43	—	$0
Sep 1995	726	16.18	—	$0
Aug 1995	273	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	580	15.03	—	$0
Nov 1994	658	15.90	—	$0
Oct 1994	634	15.58	—	$0
Sep 1994	637	15.29	—	$0
Aug 1994	669	16.13	—	$0
Jul 1994	628	17.56	—	$0
Jun 1994	668	17.09	—	$0
May 1994	401	15.88	—	$0
Apr 1994	648	14.14	—	$0
Mar 1994	584	12.46	—	$0
Feb 1994	624	12.50	—	$0
Jan 1994	577	12.66	—	$0
Dec 1993	634	12.33	—	$0
Nov 1993	711	14.49	—	$0
Oct 1993	646	15.85	—	$0
Sep 1993	712	15.03	—	$0
Aug 1993	734	15.66	—	$0
Jul 1993	727	15.46	—	$0
Jun 1993	698	16.79	—	$0
May 1993	814	17.68	—	$0
Apr 1993	456	18.05	—	$0
Mar 1993	715	18.14	—	$0
Feb 1993	656	17.90	—	$0
Jan 1993	770	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.

May 2012 — as filed, then multipliedworked

Gas                   44 Mcf  × $  2.49 =       $109

────────────────────────────────────────────────────
Month total                                     $109

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/27009 is the state's own key, not one this site invented.