FRALEY

Name: FRALEY lease production and value, Nov 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HOFCO, INC. (P-5 390898) in the PENN (RANGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 207575District 7BField 70490800GasSave Export

Value, all time

$279 k

Nov 2004 – Jun 2020

Value, last 12 filed months

at the published price for each month

Months reported

188

no gaps in the span

Streams

gas

The PENN (RANGER) 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 66 leases and 89 wells, and the rule below applies to all of them.

Discovered

1976-07-12

as the register files it

Field class

Oil and 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: “FIELD RETURNED TO ALLOCATION FORMULA EFFECTIVE 02/01/86.”

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	51,528 Mcf	$278,580
Total			$278,580

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 32.1318, -98.9610. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13176, -98.96102 · 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

3,165 ft

1 wells filed one

Completion to plug

15.6 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 3,165 ft.

Completions filed

Nov 2004

1 of 1 wells

Plug dates filed

Jun 2020

1 of 1 wells

Last completion to plug: a median of 15.6 years across the 1 well that filed both dates, with the middle half between 15.6 years and 15.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13337886	3	3,165 ft	Nov 2004	Jun 2020	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 (188)

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

188 months


Jun 2020	0	34.90	1.69	$0
May 2020	0	16.92	1.81	$0
Apr 2020	0	14.75	1.80	$0
Mar 2020	0	30.34	1.86	$0
Feb 2020	0	49.88	1.98	$0
Jan 2020	0	57.25	2.09	$0
Dec 2019	0	59.01	2.30	$0
Nov 2019	0	55.30	2.75	$0
Oct 2019	0	53.47	2.42	$0
Sep 2019	0	55.05	2.66	$0
Aug 2019	0	53.11	2.30	$0
Jul 2019	0	56.27	2.46	$0
Jun 2019	0	52.78	2.49	$0
May 2019	0	58.48	2.74	$0
Apr 2019	0	62.63	2.75	$0
Mar 2019	0	56.80	3.06	$0
Feb 2019	0	50.85	2.79	$0
Jan 2019	0	46.03	3.23	$0
Dec 2018	0	46.59	4.19	$0
Nov 2018	66	52.93	4.24	$280
Oct 2018	94	61.44	3.40	$319
Sep 2018	154	59.54	3.11	$479
Aug 2018	160	59.40	3.07	$491
Jul 2018	126	65.14	2.93	$369
Jun 2018	100	60.18	3.08	$308
May 2018	100	65.38	2.90	$290
Apr 2018	100	63.84	2.90	$290
Mar 2018	151	61.22	2.79	$421
Feb 2018	129	61.78	2.77	$357
Jan 2018	143	62.87	4.01	$573
Dec 2017	138	57.27	2.92	$403
Nov 2017	160	55.42	3.12	$499
Oct 2017	181	49.29	2.98	$540
Sep 2017	201	47.52	3.09	$621
Aug 2017	217	45.37	3.00	$652
Jul 2017	207	43.87	3.09	$639
Jun 2017	74	42.49	3.09	$228
May 2017	0	45.37	3.26	$0
Apr 2017	212	47.93	3.21	$681
Mar 2017	200	46.77	2.98	$597
Feb 2017	243	50.45	2.95	$717
Jan 2017	209	49.41	3.42	$715
Dec 2016	287	48.76	3.72	$1,068
Nov 2016	200	42.49	2.64	$529
Oct 2016	305	46.19	3.09	$943
Sep 2016	286	41.55	3.10	$887
Aug 2016	250	41.44	2.92	$731
Jul 2016	250	41.62	2.92	$731
Jun 2016	250	45.35	2.69	$671
May 2016	291	42.52	1.99	$579
Apr 2016	216	36.56	1.99	$430
Mar 2016	210	33.01	1.79	$377
Feb 2016	244	26.47	2.06	$504
Jan 2016	247	27.35	2.36	$584
Dec 2015	208	32.36	2.00	$416
Nov 2015	275	38.79	2.17	$596
Oct 2015	302	43.55	2.43	$733
Sep 2015	293	42.99	2.76	$808
Aug 2015	298	40.16	2.87	$856
Jul 2015	250	48.15	2.95	$736
Jun 2015	266	56.15	2.88	$767
May 2015	250	55.21	2.96	$739
Apr 2015	223	49.82	2.71	$604
Mar 2015	263	42.89	2.93	$772
Feb 2015	224	44.66	2.98	$667
Jan 2015	282	43.43	3.10	$874
Dec 2014	324	54.69	3.59	$1,164
Nov 2014	300	70.46	4.25	$1,276
Oct 2014	300	78.30	3.90	$1,170
Sep 2014	300	86.16	4.05	$1,214
Aug 2014	408	89.39	4.04	$1,646
Jul 2014	300	96.56	4.18	$1,254
Jun 2014	200	98.16	4.74	$947
May 2014	241	94.73	4.73	$1,139
Apr 2014	200	95.94	4.81	$962
Mar 2014	200	95.89	5.06	$1,011
Feb 2014	234	97.40	6.19	$1,449
Jan 2014	255	90.40	4.86	$1,239
Dec 2013	269	91.82	4.35	$1,171
Nov 2013	266	88.85	3.74	$994
Oct 2013	276	97.42	3.78	$1,043
Sep 2013	266	104.11	3.72	$989
Aug 2013	273	104.25	3.52	$962
Jul 2013	269	102.52	3.72	$1,000
Jun 2013	238	94.40	3.93	$936
May 2013	330	94.83	4.15	$1,369
Apr 2013	299	93.96	4.28	$1,280
Mar 2013	300	93.62	3.91	$1,174
Feb 2013	318	91.23	3.42	$1,088
Jan 2013	300	91.60	3.42	$1,026
Dec 2012	300	86.77	3.42	$1,026
Nov 2012	300	86.95	3.62	$1,087
Oct 2012	300	89.38	3.40	$1,020
Sep 2012	300	94.67	2.92	$876
Aug 2012	300	92.66	2.91	$872
Jul 2012	300	85.13	3.02	$906
Jun 2012	379	79.82	2.52	$955
May 2012	403	91.61	2.49	$1,003
Apr 2012	410	101.65	2.00	$819
Mar 2012	423	105.05	2.22	$940
Feb 2012	300	101.10	2.57	$771
Jan 2012	309	98.09	2.73	$845
Dec 2011	300	96.87	3.24	$972
Nov 2011	311	95.72	3.31	$1,030
Oct 2011	300	84.98	3.65	$1,095
Sep 2011	307	83.62	3.99	$1,224
Aug 2011	300	83.40	4.15	$1,245
Jul 2011	300	94.14	4.52	$1,355
Jun 2011	300	92.90	4.64	$1,392
May 2011	330	98.13	4.40	$1,454
Apr 2011	330	105.96	4.33	$1,430
Mar 2011	300	96.36	4.06	$1,217
Feb 2011	298	85.64	4.18	$1,246
Jan 2011	298	86.50	4.59	$1,367
Dec 2010	331	85.73	4.35	$1,439
Nov 2010	300	80.84	3.80	$1,139
Oct 2010	300	78.10	3.51	$1,053
Sep 2010	300	72.63	3.98	$1,194
Aug 2010	300	73.68	4.42	$1,326
Jul 2010	300	72.55	4.74	$1,421
Jun 2010	270	70.36	4.91	$1,326
May 2010	288	71.12	4.24	$1,220
Apr 2010	284	81.69	4.12	$1,171
Mar 2010	250	78.39	4.39	$1,097
Feb 2010	213	73.58	5.44	$1,159
Jan 2010	310	74.36	5.96	$1,849
Dec 2009	300	71.44	5.48	$1,645
Nov 2009	285	74.59	3.75	$1,069
Oct 2009	290	72.54	4.11	$1,192
Sep 2009	290	65.54	3.06	$889
Aug 2009	300	67.42	3.22	$966
Jul 2009	295	61.13	3.46	$1,022
Jun 2009	290	66.16	3.90	$1,130
May 2009	269	54.74	3.93	$1,056
Apr 2009	250	46.77	3.59	$897
Mar 2009	260	42.14	4.06	$1,055
Feb 2009	250	32.81	4.63	$1,158
Jan 2009	275	35.86	5.37	$1,477
Dec 2008	300	37.10	5.98	$1,793
Nov 2008	304	55.49	6.86	$2,086
Oct 2008	300	75.24	6.92	$2,077
Sep 2008	300	101.76	7.88	$2,363
Aug 2008	300	114.22	8.48	$2,545
Jul 2008	304	131.08	11.39	$3,462
Jun 2008	300	131.33	13.03	$3,910
May 2008	300	123.17	11.57	$3,472
Apr 2008	301	110.31	10.45	$3,147
Mar 2008	300	101.90	9.66	$2,899
Feb 2008	300	92.53	8.77	$2,631
Jan 2008	312	90.38	8.21	$2,560
Dec 2007	300	88.33	7.30	$2,191
Nov 2007	302	91.67	7.29	$2,202
Oct 2007	340	82.85	6.92	$2,353
Sep 2007	360	75.84	6.24	$2,248
Aug 2007	337	69.06	6.39	$2,153
Jul 2007	326	70.90	6.39	$2,082
Jun 2007	330	62.00	7.55	$2,491
May 2007	400	58.74	7.85	$3,139
Apr 2007	390	59.61	7.81	$3,044
Mar 2007	388	56.92	7.30	$2,833
Feb 2007	352	55.10	8.22	$2,892
Jan 2007	417	50.30	6.73	$2,805
Dec 2006	351	56.65	6.92	$2,428
Nov 2006	356	54.20	7.62	$2,712
Oct 2006	353	54.90	6.01	$2,123
Sep 2006	315	60.08	5.04	$1,587
Aug 2006	391	68.71	7.34	$2,870
Jul 2006	419	69.37	6.34	$2,658
Jun 2006	404	66.28	6.38	$2,579
May 2006	421	66.01	6.42	$2,705
Apr 2006	430	64.39	7.36	$3,165
Mar 2006	506	56.70	7.08	$3,584
Feb 2006	462	57.59	7.75	$3,581
Jan 2006	550	60.59	8.93	$4,913
Dec 2005	500	54.94	13.42	$6,708
Nov 2005	687	54.69	10.59	$7,274
Oct 2005	688	58.34	13.80	$9,491
Sep 2005	541	61.45	12.08	$6,535
Aug 2005	631	61.51	9.80	$6,182
Jul 2005	678	55.69	7.84	$5,318
Jun 2005	580	52.33	7.38	$4,281
May 2005	680	45.22	6.65	$4,523
Apr 2005	582	49.20	7.36	$4,284
Mar 2005	436	50.37	7.15	$3,120
Feb 2005	407	45.22	6.31	$2,569
Jan 2005	501	43.16	6.32	$3,167
Dec 2004	555	39.86	6.75	$3,747
Nov 2004	542	45.28	6.33	$3,431

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.

Nov 2018 — as filed, then multipliedworked

Gas                   66 Mcf  × $  4.24 =       $280

────────────────────────────────────────────────────
Month total                                     $280

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/207575 is the state's own key, not one this site invented.