FRANK

Operated by STRAT LAND EXPLORATION COMPANY (P-5 825420) in the CHRISTIE TIPPS (DOUGLAS, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7580District 10Field 18035150OilCasinghead gasSaveExport
Value, all time
$1.5 M
Jun 2005 – Dec 2014
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
115
no gaps in the span
Streams
2
oil, casinghead 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 5 leases and 8 wells, and the rule below applies to all of them.

Discovered
1993-06-01
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-11-01.

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
OilDisposition20,774 bbl$1,473,494
Casinghead gasProduction10,791 Mcf$66,537
Total$1,540,031

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 35.8720, -100.6219. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.87196, -100.62186 · 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
7,000 ft
1 wells filed one
Completion to plug
8.8 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 7,000 ft.

Completions filed
Jun 2005
1 of 1 wells
Plug dates filed
Mar 2014
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3933167211227,000 ftJun 2005Mar 2014Yes

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 (115)

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

115 months

Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201448098.164.74$4,712
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201338091.824.35$3,489
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201203886.773.42$130
Nov 201217412786.953.62$15,590
Oct 201236320289.383.40$33,132
Sep 2012015294.672.92$444
Aug 20121869092.662.91$17,496
Jul 2012019285.133.02$580
Jun 20121809079.822.52$14,594
May 201217631291.612.49$16,900
Apr 2012358264101.652.00$36,918
Mar 20120159105.052.22$353
Feb 2012193172101.102.57$19,954
Jan 201217710498.092.73$17,646
Dec 2011024896.873.24$803
Nov 2011031795.723.31$1,050
Oct 201117116684.983.65$15,137
Sep 201117723083.623.99$15,717
Aug 201117211383.404.15$14,814
Jul 201117811394.144.52$17,267
Jun 201135616392.904.64$33,829
May 2011048998.134.40$2,154
Apr 2011338150105.964.33$36,464
Mar 201118510596.364.06$18,253
Feb 2011034485.644.18$1,438
Jan 2011037586.504.59$1,721
Dec 201037814385.734.35$33,028
Nov 20103509080.843.80$28,636
Oct 2010020278.103.51$709
Sep 2010179072.633.98$13,001
Aug 2010016373.684.42$720
Jul 2010183572.554.74$13,300
Jun 201004270.364.91$206
May 20105265071.124.24$37,621
Apr 20101742181.694.12$14,301
Mar 201005178.394.39$224
Feb 20100073.585.44$0
Jan 20100274.365.96$12
Dec 20093582371.445.48$25,702
Nov 200902374.593.75$86
Oct 20090672.544.11$25
Sep 20090065.543.06$0
Aug 2009336967.423.22$22,682
Jul 20091675061.133.46$10,382
Jun 20091711566.163.90$11,372
May 20091735054.743.93$9,666
Apr 20093775046.773.59$17,812
Mar 20091792542.144.06$7,645
Feb 2009357032.814.63$11,713
Jan 2009186035.865.37$6,670
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20083428131.3313.03$45,019
May 200816611123.1711.57$20,574
Apr 20081710110.3110.45$18,863
Mar 20083650101.909.66$37,194
Feb 2008358992.538.77$33,205
Jan 20081656490.388.21$15,438
Dec 20071655988.337.30$15,005
Nov 200709291.677.29$671
Oct 20074738482.856.92$39,770
Sep 20073399175.846.24$26,278
Aug 20071686269.066.39$11,998
Jul 20075237970.906.39$37,585
Jun 200717711162.007.55$11,812
May 200716310758.747.85$10,414
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 200717719655.108.22$11,363
Jan 200715320850.306.73$9,095
Dec 2006023556.656.92$1,626
Nov 200667822554.207.62$38,462
Oct 200634424454.906.01$20,353
Sep 200617024860.085.04$11,463
Aug 20065193568.717.34$35,917
Jul 200605869.376.34$368
Jun 20065248066.286.38$35,241
May 20063428166.016.42$23,096
Apr 20065057864.397.36$33,091
Mar 20061757756.707.08$10,468
Feb 200669619057.597.75$41,555
Jan 200634314860.598.93$22,105
Dec 200566941454.9413.42$42,309
Nov 200587443454.6910.59$52,394
Oct 200568839858.3413.80$45,629
Sep 200586238461.4512.08$57,608
Aug 20051,05044661.519.80$68,955
Jul 200586610055.697.84$49,012
Jun 20050052.337.38$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.

Jun 2014 — as filed, then multipliedworked
Oil                   48 bbl  × $ 98.16 =     $4,712
Casinghead gas         0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $4,712

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/O/7580 is the state's own key, not one this site invented.