FRANKLIN "A"

Operated by RAINBOW SEVEN OIL & GAS, INC. (P-5 688706) in the RAINBOW SEVEN (RANGER SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26837District 7BField 74256300OilCasinghead gasSaveExport
Value, all time
$76 k
Mar 1993 – Jun 1999
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
76
no gaps in the span
Streams
2
oil, casinghead 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 4 leases and 6 wells, and the rule below applies to all of them.

Discovered
1992-06-03
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: THIS IS A COUNTY REGULAR FIELD PER OIL FIELD RULES. (DAMEKI)

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
OilDisposition4,498 bbl$73,582
Casinghead gasProduction26,116 Mcf$2,341
Total$75,923

25,018 Mcf of this lease's gas, across 44 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 32.4544, -98.6501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45439, -98.65009 · 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
4,200 ft
1 wells filed one
Completion to plug
4.3 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 4,200 ft.

Completions filed
Mar 1993
1 of 1 wells
Plug dates filed
Jul 1997
1 of 1 wells

Last completion to plug: a median of 4.3 years across the 1 well that filed both dates, with the middle half between 4.3 years and 4.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333762724,200 ftMar 1993Jul 1997Yes

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 (76)

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

76 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199976015.102.21$1,148
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
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 19970017.582.25$0
Jun 199701817.242.26$41
May 1997028118.972.31$649
Apr 1997029017.882.08$604
Mar 1997028118.951.94$545
Feb 1997022820.492.21$503
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996038221.97$0
Oct 1996023623.31$0
Sep 19967033922.22$1,555
Aug 1996043920.26$0
Jul 1996049819.55$0
Jun 1996045818.73$0
May 1996049819.43$0
Apr 19965531521.51$1,183
Mar 19960819.38$0
Feb 1996017816.98$0
Jan 19965746617.07$973
Dec 1995046817.19$0
Nov 1995047416.00$0
Oct 1995049215.43$0
Sep 199515049416.18$2,427
Aug 1995055815.92$0
Jul 1995050915.24$0
Jun 1995049616.41$0
May 1995053617.56$0
Apr 1995058117.73$0
Mar 199512855116.44$2,104
Feb 1995050116.58$0
Jan 1995045315.92$0
Dec 199414653915.03$2,194
Nov 1994060015.90$0
Oct 19940015.58$0
Sep 199411144915.29$1,697
Aug 1994048616.13$0
Jul 199413453517.56$2,353
Jun 1994053117.09$0
May 1994060515.88$0
Apr 199414559014.14$2,050
Mar 199414963712.46$1,857
Feb 199416941812.50$2,113
Jan 199416858712.66$2,127
Dec 1993057012.33$0
Nov 199315057014.49$2,174
Oct 199317083915.85$2,695
Sep 199317381215.03$2,600
Aug 199316892915.66$2,631
Jul 19933371,04615.46$5,210
Jun 19933431,03316.79$5,759
May 199352394017.68$9,247
Apr 19933631,19818.05$6,552
Mar 19937131,17418.14$12,934

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.

Apr 1999 — as filed, then multipliedworked
Oil                   76 bbl  × $ 15.10 =     $1,148
Casinghead gas         0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                   $1,148

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/O/26837 is the state's own key, not one this site invented.