FRYE RANCH

Name: FRYE RANCH lease production and value, Sep 2011 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LE NORMAN OPERATING LLC (P-5 491579) in the MILLS RANCH (GRANITE WASH CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8521District 10Field 61691235OilCasinghead gasSave

Value, all time

$88.5 M

Sep 2011 – Apr 2016

Value, last 12 filed months

$1.4 M

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

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
Oil	Disposition	835,766 bbl	$76,804,350
Casinghead gas	Production	3,400,204 Mcf	$11,671,109
Total			$88,475,459

Wells on this lease (5)

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 35.4797, -100.1591. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

35.48110, -100.15672 · 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%

5 of 5 wells

With a plug date

0.0%

0 of 5 wells

Median depth

10,688 ft

5 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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

Between 10,541 and 10,930 ft, median 10,688 ft, over the 5 wells that filed a depth.

Completions filed

Jun 2012 – Jun 2013

5 of 5 wells

5 wells


42-48333664	1029H	10,930 ft	Jun 2013	—	Yes
42-48333521	0929H	10,541 ft	Sep 2012	—	Yes
42-48333253	6029H	10,611 ft	Jun 2012	—	Yes
42-48333325	8029H	10,800 ft	Jun 2012	—	Yes
42-48333434	729H	10,688 ft	Jun 2012	—	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 (56)

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

56 months


Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	977	0	43.55	2.43	$42,548
Sep 2015	3,365	30,781	42.99	2.76	$229,568
Aug 2015	4,135	32,394	40.16	2.87	$259,113
Jul 2015	3,845	31,656	48.15	2.95	$278,366
Jun 2015	3,995	30,306	56.15	2.88	$311,687
May 2015	3,632	33,188	55.21	2.96	$298,608
Apr 2015	3,899	37,553	49.82	2.71	$295,888
Mar 2015	5,567	55,449	42.89	2.93	$401,495
Feb 2015	3,682	36,363	44.66	2.98	$272,661
Jan 2015	4,241	42,843	43.43	3.10	$317,027
Dec 2014	6,648	43,354	54.69	3.59	$519,279
Nov 2014	4,837	41,812	70.46	4.25	$518,593
Oct 2014	5,118	40,974	78.30	3.90	$560,577
Sep 2014	5,353	42,710	86.16	4.05	$633,995
Aug 2014	5,601	45,890	89.39	4.04	$685,845
Jul 2014	6,184	45,299	96.56	4.18	$786,459
Jun 2014	6,863	52,182	98.16	4.74	$920,852
May 2014	8,243	56,999	94.73	4.73	$1,050,269
Apr 2014	7,603	58,851	95.94	4.81	$1,012,453
Mar 2014	9,998	63,549	95.89	5.06	$1,280,063
Feb 2014	7,272	59,642	97.40	6.19	$1,077,596
Jan 2014	10,189	70,026	90.40	4.86	$1,261,462
Dec 2013	10,214	71,709	91.82	4.35	$1,250,105
Nov 2013	10,570	63,737	88.85	3.74	$1,177,411
Oct 2013	11,391	65,592	97.42	3.78	$1,357,607
Sep 2013	11,819	83,252	104.11	3.72	$1,539,985
Aug 2013	12,369	54,692	104.25	3.52	$1,482,127
Jul 2013	16,789	55,651	102.52	3.72	$1,928,104
Jun 2013	13,718	55,651	94.40	3.93	$1,513,877
May 2013	9,375	67,825	94.83	4.15	$1,170,443
Apr 2013	8,272	64,236	93.96	4.28	$1,052,334
Mar 2013	11,085	70,479	93.62	3.91	$1,313,553
Feb 2013	10,597	68,134	91.23	3.42	$1,199,776
Jan 2013	16,067	84,539	91.60	3.42	$1,760,853
Dec 2012	19,419	84,888	86.77	3.42	$1,975,317
Nov 2012	21,847	87,267	86.95	3.62	$2,215,936
Oct 2012	25,452	91,950	89.38	3.40	$2,587,500
Sep 2012	22,411	89,917	94.67	2.92	$2,384,063
Aug 2012	28,953	107,958	92.66	2.91	$2,996,744
Jul 2012	44,872	128,855	85.13	3.02	$4,209,199
Jun 2012	21,084	65,282	79.82	2.52	$1,847,373
May 2012	24,062	80,185	91.61	2.49	$2,403,846
Apr 2012	23,264	75,086	101.65	2.00	$2,514,717
Mar 2012	66,174	201,917	105.05	2.22	$7,400,254
Feb 2012	116,127	235,191	101.10	2.57	$12,344,937
Jan 2012	25,597	73,027	98.09	2.73	$2,710,471
Dec 2011	25,590	77,727	96.87	3.24	$2,730,719
Nov 2011	38,495	105,617	95.72	3.31	$4,034,469
Oct 2011	68,810	137,240	84.98	3.65	$6,348,199
Sep 2011	96	779	83.62	3.99	$11,132

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 2015 — as filed, then multipliedworked

Oil                  977 bbl  × $ 43.55 =    $42,548
Casinghead gas         0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                  $42,548

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/8521 is the state's own key, not one this site invented.