FRANKLIN

Operated by WISE PRODUCTION COMPANY (P-5 933825) in the TOTO (CADDO LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 18449District 7BField 90813270CondensateGasSaveExport
Value, all time
$329 k
Jan 1993 – Jun 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
258
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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered
1951-06-11
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: WAS RETURNED TO 100% AOF STATUS EFFECTIVE 4/1/95.

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
CondensateDisposition2,638 bbl$106,149
GasProduction72,178 Mcf$222,428
Total$328,577

21,798 Mcf of this lease's gas, across 42 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 32.9655, -97.8807. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.96547, -97.88074 · 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
3,750 ft
1 wells filed one
Completion to plug
54.8 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 3,750 ft.

Completions filed
Sep 1959
1 of 1 wells
Plug dates filed
Jun 2014
1 of 1 wells

Last completion to plug: a median of 54.8 years across the 1 well that filed both dates, with the middle half between 54.8 years and 54.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3670033513,750 ftSep 1959Jun 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 (258)

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

258 months

Jun 20140098.164.74$0
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 20130091.824.35$0
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 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201209585.133.02$287
Jun 201204279.822.52$106
May 20120091.612.49$0
Apr 201201101.652.00$2
Mar 20121486105.052.22$15,561
Feb 201202101.102.57$5
Jan 201201398.092.73$36
Dec 201103396.873.24$107
Nov 20110395.723.31$10
Oct 201103284.983.65$117
Sep 201102983.623.99$116
Aug 201108483.404.15$349
Jul 2011030494.144.52$1,373
Jun 2011016892.904.64$780
May 2011022698.134.40$995
Apr 20110170105.964.33$737
Mar 2011023896.364.06$966
Feb 201104485.644.18$184
Jan 2011011386.504.59$519
Dec 2010018385.734.35$796
Nov 2010025980.843.80$983
Oct 2010024678.103.51$863
Sep 2010019072.633.98$756
Aug 2010014573.684.42$641
Jul 2010014372.554.74$677
Jun 2010025670.364.91$1,257
May 201016623171.124.24$12,784
Apr 2010035381.694.12$1,455
Mar 2010028578.394.39$1,251
Feb 2010017573.585.44$952
Jan 2010030374.365.96$1,807
Dec 2009026171.445.48$1,431
Nov 2009036374.593.75$1,362
Oct 2009016472.544.11$674
Sep 2009028665.543.06$877
Aug 2009040967.423.22$1,316
Jul 2009033561.133.46$1,161
Jun 2009040166.163.90$1,562
May 2009032854.743.93$1,288
Apr 2009036846.773.59$1,320
Mar 2009032142.144.06$1,303
Feb 200902932.814.63$134
Jan 20090035.865.37$0
Dec 200804637.105.98$275
Nov 20080155.496.86$7
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008069114.228.48$585
Jul 2008066131.0811.39$752
Jun 2008044131.3313.03$573
May 200804123.1711.57$46
Apr 20080117110.3110.45$1,223
Mar 2008084101.909.66$812
Feb 200809092.538.77$789
Jan 20081747890.388.21$16,366
Dec 200708488.337.30$613
Nov 2007011691.677.29$846
Oct 2007026282.856.92$1,814
Sep 2007019175.846.24$1,193
Aug 2007029869.066.39$1,904
Jul 2007025170.906.39$1,603
Jun 2007026962.007.55$2,031
May 2007028958.747.85$2,268
Apr 2007023859.617.81$1,858
Mar 2007030456.927.30$2,220
Feb 2007025955.108.22$2,128
Jan 200717625350.306.73$10,555
Dec 2006014856.656.92$1,024
Nov 2006016854.207.62$1,280
Oct 2006026154.906.01$1,570
Sep 2006032560.085.04$1,637
Aug 2006019368.717.34$1,417
Jul 2006025569.376.34$1,617
Jun 2006027466.286.38$1,749
May 2006030666.016.42$1,966
Apr 2006032964.397.36$2,422
Mar 2006028056.707.08$1,983
Feb 200607157.597.75$550
Jan 2006031760.598.93$2,832
Dec 2005025154.9413.42$3,367
Nov 2005034454.6910.59$3,642
Oct 200501158.3413.80$152
Sep 200516924361.4512.08$13,320
Aug 2005024361.519.80$2,381
Jul 2005031455.697.84$2,463
Jun 2005037652.337.38$2,775
May 2005027745.226.65$1,842
Apr 2005026649.207.36$1,958
Mar 2005026650.377.15$1,903
Feb 2005025145.226.31$1,584
Jan 2005027643.166.32$1,745
Dec 2004019939.866.75$1,343
Nov 2004026045.286.33$1,646
Oct 200416732549.706.52$10,417
Sep 2004024643.245.28$1,300
Aug 2004026542.375.55$1,471
Jul 2004028938.286.08$1,758
Jun 2004030136.106.43$1,936
May 2004030337.486.49$1,968
Apr 2004027234.475.86$1,594
Mar 2004026334.365.53$1,454
Feb 2004015932.455.51$876
Jan 2004029532.036.30$1,858
Dec 2003033330.266.30$2,098
Nov 2003028928.804.60$1,328
Oct 200317228628.174.76$6,207
Sep 2003026426.314.75$1,254
Aug 2003027629.765.13$1,416
Jul 2003029729.415.17$1,536
Jun 2003030228.565.98$1,807
May 2003030526.595.97$1,822
Apr 2003028226.675.41$1,525
Mar 2003130431.146.10$1,884
Feb 200317221633.487.93$7,471
Jan 2003022930.315.58$1,278
Dec 2002028126.914.85$1,364
Nov 2002027424.664.14$1,134
Oct 2002029226.464.23$1,235
Sep 2002029927.443.64$1,087
Aug 2002038125.963.16$1,206
Jul 2002037924.583.06$1,160
Jun 2002141623.733.34$1,412
May 200217830624.663.58$5,486
Apr 2002025323.653.51$889
Mar 2002032222.003.10$999
Feb 2002128118.222.38$686
Jan 2002032917.172.38$782
Dec 2001035816.932.36$846
Nov 2001011818.072.41$284
Oct 200117632319.782.53$4,298
Sep 2001226324.262.25$641
Aug 2001029724.873.05$907
Jul 2001031923.933.20$1,020
Jun 200118132824.563.82$5,700
May 2001032825.524.31$1,413
Apr 2001022424.685.34$1,195
Mar 2001022124.545.38$1,188
Feb 2001017927.755.77$1,032
Jan 2001022227.478.40$1,865
Dec 2000023426.889.12$2,135
Nov 2000031132.215.66$1,760
Oct 2000035931.235.15$1,847
Sep 2000040931.875.19$2,121
Aug 2000029429.644.54$1,335
Jul 2000033928.534.09$1,386
Jun 2000035129.304.40$1,543
May 2000039227.263.68$1,442
Apr 2000044324.513.12$1,380
Mar 200018137728.422.86$6,222
Feb 2000022527.622.73$613
Jan 2000017625.272.48$437
Dec 1999037824.282.42$916
Nov 1999044923.192.43$1,093
Oct 1999051420.982.80$1,441
Sep 1999053821.752.62$1,409
Aug 1999032319.262.88$929
Jul 1999054217.892.37$1,286
Jun 1999048715.942.36$1,150
May 1999555115.792.32$1,358
Apr 1999044315.102.21$978
Mar 199916713512.471.84$2,331
Feb 199903019.981.82$547
Jan 1999043910.381.90$834
Dec 199802449.201.77$433
Nov 1998048210.892.19$1,054
Oct 1998050412.421.97$992
Sep 199818146912.592.08$3,256
Aug 1998054111.301.91$1,032
Jul 1998054311.742.24$1,215
Jun 199814547211.242.24$2,686
May 1998343912.622.21$1,006
Apr 1998048413.042.51$1,213
Mar 1998046312.802.31$1,069
Feb 1998051213.952.30$1,177
Jan 1998145414.702.15$993
Dec 1997048316.322.41$1,165
Nov 1997353818.193.09$1,716
Oct 1997148119.253.15$1,534
Sep 1997122117.742.95$671
Aug 1997068617.862.55$1,753
Jul 1997075517.582.25$1,696
Jun 1997336917.242.26$885
May 1997134518.972.31$815
Apr 1997023117.882.08$481
Mar 1997035918.951.94$696
Feb 1997031320.492.21$690
Jan 1997033423.483.54$1,182
Dec 1996031923.32$0
Nov 1996029821.97$0
Oct 1996025423.31$0
Sep 1996035622.22$0
Aug 1996421320.26$81
Jul 1996326119.55$59
Jun 1996144618.73$19
May 1996046119.43$0
Apr 1996042221.51$0
Mar 1996048819.38$0
Feb 19961610216.98$272
Jan 1996314917.07$529
Dec 1995111717.19$17
Nov 1995032416.00$0
Oct 1995034315.43$0
Sep 1995037416.18$0
Aug 1995039515.92$0
Jul 1995034415.24$0
Jun 1995046716.41$0
May 1995042617.56$0
Apr 1995161117.73$18
Mar 1995017316.44$0
Feb 19950016.58$0
Jan 199504115.92$0
Dec 1994045615.03$0
Nov 1994043215.90$0
Oct 1994050015.58$0
Sep 1994092715.29$0
Aug 199401,13116.13$0
Jul 199401,24017.56$0
Jun 1994056717.09$0
May 1994059715.88$0
Apr 1994063914.14$0
Mar 1994198712.46$12
Feb 1994166112.50$13
Jan 1994181012.66$13
Dec 1993075712.33$0
Nov 1993177914.49$14
Oct 1993098115.85$0
Sep 199311,11515.03$15
Aug 1993065515.66$0
Jul 199301,07315.46$0
Jun 1993020716.79$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.

Jul 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.13 =         $0
Gas                   95 Mcf  × $  3.02 =       $287

────────────────────────────────────────────────────
Month total                                     $287

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/18449 is the state's own key, not one this site invented.