FRANKS

Operated by DOUBLE M PETROPROPERTIES, INC. (P-5 224867) in the HAT TOP MOUNTAIN, N. (COOK LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 275818District 7BField 39619333CondensateGasSaveExport
Value, all time
$82 k
Mar 2014 – Mar 2021
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
85
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 8 leases and 14 wells, and the rule below applies to all of them.

Discovered
1965-12-16
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

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
CondensateDisposition226 bbl$10,366
GasProduction26,041 Mcf$71,827
Total$82,193

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 32.1852, -100.1900. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18522, -100.18997 · 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
3,458 ft
1 wells filed one
Completion to plug
7.8 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 3,458 ft.

Completions filed
May 2013
1 of 1 wells
Plug dates filed
Mar 2021
1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-353310291A3,458 ftMay 2013Mar 2021Yes

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 (85)

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

85 months

Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020124038.772.71$4,807
Oct 202006836.972.48$169
Sep 202005837.091.99$115
Aug 20200639.982.39$14
Jul 20200138.371.83$2
Jun 20200134.901.69$2
May 20200116.921.81$2
Apr 202006314.751.80$114
Mar 202006630.341.86$123
Feb 2020010149.881.98$200
Jan 2020012957.252.09$270
Dec 2019012559.012.30$288
Nov 2019013855.302.75$380
Oct 2019015053.472.42$363
Sep 2019018355.052.66$486
Aug 2019016153.112.30$371
Jul 2019016156.272.46$396
Jun 2019019052.782.49$473
May 2019022858.482.74$625
Apr 2019032862.632.75$902
Mar 201903156.803.06$95
Feb 2019025250.852.79$704
Jan 2019015046.033.23$484
Dec 2018016346.594.19$682
Nov 201805752.934.24$242
Oct 2018020361.443.40$690
Sep 2018028059.543.11$870
Aug 20187431859.403.07$5,371
Jul 2018037365.142.93$1,094
Jun 2018034060.183.08$1,046
May 2018039665.382.90$1,149
Apr 2018040263.842.90$1,166
Mar 2018042161.222.79$1,173
Feb 2018036961.782.77$1,021
Jan 2018041562.874.01$1,664
Dec 2017041857.272.92$1,221
Nov 2017038655.423.12$1,204
Oct 2017037249.292.98$1,110
Sep 2017037747.523.09$1,164
Aug 2017037945.373.00$1,139
Jul 2017043543.873.09$1,343
Jun 2017076742.493.09$2,368
May 2017043245.373.26$1,410
Apr 201705347.933.21$170
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201628041.553.10$1,163
Aug 20160041.442.92$0
Jul 201603841.622.92$111
Jun 2016045245.352.69$1,214
May 2016055242.521.99$1,099
Apr 2016055336.561.99$1,101
Mar 2016059133.011.79$1,060
Feb 2016056826.472.06$1,172
Jan 2016065227.352.36$1,542
Dec 2015065332.362.00$1,307
Nov 2015064438.792.17$1,396
Oct 2015080343.552.43$1,949
Sep 2015097642.992.76$2,692
Aug 2015084740.162.87$2,433
Jul 201501,28748.152.95$3,790
Jun 201501,41156.152.88$4,068
May 201501,20655.212.96$3,564
Apr 201502,02149.822.71$5,470
Mar 201501,92342.892.93$5,643
Feb 2015084044.662.98$2,500
Jan 201507743.433.10$239
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 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$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.

Nov 2020 — as filed, then multipliedworked
Condensate           124 bbl  × $ 38.77 =     $4,807
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $4,807

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/275818 is the state's own key, not one this site invented.