FRANKS, W. J.

Operated by MKS NATURAL GAS COMPANY (P-5 518491) in the BRAZOS, EAST (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 109206District 7BField 11611400NGPA filingCondensateGasSaveExport
Value, all time
$23 k
Jan 1993 – Dec 2010
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
216
no gaps in the span
Streams
2
condensate, 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 74 leases and 74 wells, and the rule below applies to all of them.

Discovered
1960-03-18
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-04-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2000.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition12 bbl$884
GasProduction4,775 Mcf$22,235
Total$23,120

12 Mcf of this lease's gas, across 1 month, 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 32.7033, -98.0206. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.70326, -98.02060 · 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
4,469 ft
1 wells filed one
Completion to plug
26.3 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 4,469 ft.

Completions filed
Jan 1984
1 of 1 wells
Plug dates filed
May 2010
1 of 1 wells

Last completion to plug: a median of 26.3 years across the 1 well that filed both dates, with the middle half between 26.3 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3673254124,469 ftJan 1984May 2010Yes

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 (216)

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

216 months

Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201012073.684.42$884
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201003781.694.12$153
Mar 201004678.394.39$202
Feb 201004873.585.44$261
Jan 201009274.365.96$549
Dec 200903271.445.48$175
Nov 200904574.593.75$169
Oct 200903672.544.11$148
Sep 200904465.543.06$135
Aug 200902467.423.22$77
Jul 200904261.133.46$146
Jun 200901866.163.90$70
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090242.144.06$8
Feb 20090032.814.63$0
Jan 20090035.865.37$0
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 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 200801492.538.77$123
Jan 20080090.388.21$0
Dec 200705788.337.30$416
Nov 200701091.677.29$73
Oct 200701982.856.92$132
Sep 200704475.846.24$275
Aug 20070069.066.39$0
Jul 200705070.906.39$319
Jun 200706562.007.55$491
May 200709058.747.85$706
Apr 200706159.617.81$476
Mar 20070756.927.30$51
Feb 200706455.108.22$526
Jan 200703550.306.73$235
Dec 200604856.656.92$332
Nov 20060754.207.62$53
Oct 20060054.906.01$0
Sep 200602560.085.04$126
Aug 200604768.717.34$345
Jul 200604869.376.34$304
Jun 200604466.286.38$281
May 200603366.016.42$212
Apr 200602764.397.36$199
Mar 200601356.707.08$92
Feb 200601057.597.75$78
Jan 20060960.598.93$80
Dec 200501754.9413.42$228
Nov 200501954.6910.59$201
Oct 200502858.3413.80$386
Sep 200502061.4512.08$242
Aug 200501561.519.80$147
Jul 200501555.697.84$118
Jun 200501152.337.38$81
May 200506045.226.65$399
Apr 200506649.207.36$486
Mar 2005010450.377.15$744
Feb 2005010145.226.31$638
Jan 200505243.166.32$329
Dec 200404439.866.75$297
Nov 200402045.286.33$127
Oct 200402149.706.52$137
Sep 200402243.245.28$116
Aug 200403342.375.55$183
Jul 200403438.286.08$207
Jun 200402936.106.43$187
May 200402037.486.49$130
Apr 200401234.475.86$70
Mar 200402634.365.53$144
Feb 200401532.455.51$83
Jan 20040932.036.30$57
Dec 200302630.266.30$164
Nov 200302328.804.60$106
Oct 2003011828.174.76$562
Sep 200309826.314.75$465
Aug 200309229.765.13$472
Jul 2003014129.415.17$729
Jun 20030828.565.98$48
May 200301226.595.97$72
Apr 200302726.675.41$146
Mar 20030731.146.10$43
Feb 20030933.487.93$71
Jan 200301130.315.58$61
Dec 200201126.914.85$53
Nov 200201124.664.14$46
Oct 200201126.464.23$47
Sep 200203027.443.64$109
Aug 200203425.963.16$108
Jul 200201924.583.06$58
Jun 200201323.733.34$43
May 200201624.663.58$57
Apr 200203223.653.51$112
Mar 200206422.003.10$199
Feb 200203218.222.38$76
Jan 200201517.172.38$36
Dec 200101016.932.36$24
Nov 20010618.072.41$14
Oct 20010819.782.53$20
Sep 200103724.262.25$83
Aug 200106224.873.05$189
Jul 200102123.933.20$67
Jun 200102124.563.82$80
May 200103125.524.31$134
Apr 200101624.685.34$85
Mar 20010824.545.38$43
Feb 20010327.755.77$17
Jan 200101027.478.40$84
Dec 20000726.889.12$64
Nov 200001132.215.66$62
Oct 200001431.235.15$72
Sep 200002631.875.19$135
Aug 20000829.644.54$36
Jul 200002528.534.09$102
Jun 20000429.304.40$18
May 200005827.263.68$213
Apr 200003324.513.12$103
Mar 200002728.422.86$77
Feb 200002427.622.73$65
Jan 20000725.272.48$17
Dec 199901024.282.42$24
Nov 199904723.192.43$114
Oct 19990920.982.80$25
Sep 199902221.752.62$58
Aug 199902719.262.88$78
Jul 199903217.892.37$76
Jun 199904115.942.36$97
May 1999014115.792.32$327
Apr 199903415.102.21$75
Mar 199905012.471.84$92
Feb 19990859.981.82$155
Jan 1999017010.381.90$323
Dec 199802709.201.77$479
Nov 1998019810.892.19$433
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 199807311.301.91$139
Jul 19980011.742.24$0
Jun 199803511.242.24$78
May 199801312.622.21$29
Apr 199802313.042.51$58
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 199706017.582.25$135
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 199601223.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Aug 2010 — as filed, then multipliedworked
Condensate            12 bbl  × $ 73.68 =       $884
Gas                    0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                     $884

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. 7B/G/109206 is the state's own key, not one this site invented.