MEXICAN 2 STEP

Operated by MIDLAND OIL AND GAS, INC. (P-5 565589) in the FRANKIRK, E. (PALO PINTO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29285District 7BField 32654664OilCasinghead gasSaveExport
Value, all time
$3.6 M
Jul 2003 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
275
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 5 leases and 9 wells, and the rule below applies to all of them.

Discovered
1963-08-04
as the register files it
Field class
Oil
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
OilDisposition39,202 bbl$1,829,535
Casinghead gasProduction289,579 Mcf$1,801,337
Total$3,630,872

Wells on this lease (2)

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 33.0261, -100.2095. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.02611, -100.20952 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,012 ft
2 wells filed one
Completion to plug
18.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 5,823 and 6,200 ft, median 6,012 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2003 – Dec 2003
2 of 2 wells
Plug dates filed
Oct 2018 – Jun 2026
2 of 2 wells

Last completion to plug: a median of 18.9 years across the 2 wells that filed both dates, with the middle half between 16.8 years and 20.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4333274325,823 ftDec 2003Oct 2018Yes
42-4333327716,200 ftJul 2003Jun 2026Yes

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 (275)

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

275 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026114089.753.15$10,232
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023177072.852.39$12,894
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220187.185.86$6
Sep 2022177084.888.16$15,024
Aug 20220194.529.13$9
Jul 202201101.587.54$8
Jun 202202115.097.98$16
May 2022012109.378.43$101
Apr 2022048104.226.84$328
Mar 2022086108.885.08$437
Feb 202204391.054.86$209
Jan 20221675781.844.54$13,926
Dec 2021013971.323.90$542
Nov 202104377.435.24$225
Oct 202102779.795.71$154
Sep 202108969.865.35$476
Aug 202106766.024.22$283
Jul 202103770.783.98$147
Jun 202103769.493.38$125
May 2021010963.483.02$329
Apr 202109660.362.76$265
Mar 2021012761.302.72$345
Feb 202105457.805.55$300
Jan 2021010350.412.81$289
Dec 2020010344.642.68$276
Nov 2020010838.772.71$292
Oct 2020011636.972.48$288
Sep 2020011937.091.99$237
Aug 202017115639.982.39$7,209
Jul 2020025738.371.83$469
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202004730.341.86$87
Feb 2020010249.881.98$202
Jan 2020010957.252.09$228
Dec 2019010959.012.30$251
Nov 201908155.302.75$223
Oct 2019011353.472.42$273
Sep 2019010355.052.66$274
Aug 20191698953.112.30$9,181
Jul 2019011756.272.46$288
Jun 2019011452.782.49$284
May 2019012058.482.74$329
Apr 2019011862.632.75$325
Mar 2019010456.803.06$318
Feb 201908650.852.79$240
Jan 201907946.033.23$255
Dec 201817514346.594.19$8,752
Nov 201809052.934.24$381
Oct 2018012561.443.40$425
Sep 2018013859.543.11$429
Aug 2018018259.403.07$558
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018173063.842.90$11,044
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201801262.874.01$48
Dec 20170057.272.92$0
Nov 201706555.423.12$203
Oct 20171698349.292.98$8,578
Sep 2017014247.523.09$438
Aug 201707845.373.00$234
Jul 20170043.873.09$0
Jun 201708742.493.09$269
May 2017026945.373.26$878
Apr 2017025647.933.21$822
Mar 2017011846.772.98$352
Feb 2017011050.452.95$325
Jan 2017022749.413.42$776
Dec 201617318048.763.72$9,106
Nov 2016012842.492.64$338
Oct 2016026346.193.09$813
Sep 2016027941.553.10$865
Aug 2016019141.442.92$559
Jul 20161725041.622.92$7,305
Jun 2016011145.352.69$298
May 2016017442.521.99$346
Apr 2016017736.561.99$352
Mar 2016017433.011.79$312
Feb 201617614626.472.06$4,960
Jan 2016013727.352.36$324
Dec 2015013332.362.00$266
Nov 2015017538.792.17$379
Oct 201517322943.552.43$8,090
Sep 2015010742.992.76$295
Aug 2015032440.162.87$931
Jul 2015043048.152.95$1,266
Jun 201517319456.152.88$10,273
May 2015031855.212.96$940
Apr 2015035049.822.71$947
Mar 2015041742.892.93$1,224
Feb 2015044644.662.98$1,327
Jan 201518054843.433.10$9,517
Dec 2014031454.693.59$1,128
Nov 2014015170.464.25$642
Oct 201407978.303.90$308
Sep 20140086.164.05$0
Aug 201403789.394.04$149
Jul 2014013096.564.18$543
Jun 2014015898.164.74$748
May 2014016994.734.73$799
Apr 201418113795.944.81$18,024
Mar 2014025795.895.06$1,300
Feb 2014012797.406.19$786
Jan 201401090.404.86$49
Dec 201307791.824.35$335
Nov 2013020788.853.74$774
Oct 2013033897.423.78$1,277
Sep 20130254104.113.72$944
Aug 2013184277104.253.52$20,158
Jul 20130272102.523.72$1,011
Jun 2013026494.403.93$1,038
May 2013026394.834.15$1,091
Apr 201318120693.964.28$17,889
Mar 2013018393.623.91$716
Feb 2013015391.233.42$523
Jan 2013016591.603.42$564
Dec 201218528986.773.42$17,041
Nov 201218730286.953.62$17,354
Oct 2012031989.383.40$1,085
Sep 2012031994.672.92$931
Aug 2012041292.662.91$1,198
Jul 2012040785.133.02$1,229
Jun 2012026879.822.52$675
May 2012040591.612.49$1,008
Apr 20120308101.652.00$615
Mar 2012186333105.052.22$20,279
Feb 20120402101.102.57$1,033
Jan 2012043598.092.73$1,189
Dec 201118543996.873.24$19,343
Nov 2011042495.723.31$1,404
Oct 2011045884.983.65$1,671
Sep 201118244683.623.99$16,997
Aug 2011046783.404.15$1,938
Jul 2011049794.144.52$2,245
Jun 2011042692.904.64$1,977
May 201118751598.134.40$20,619
Apr 20110534105.964.33$2,314
Mar 2011053596.364.06$2,171
Feb 201118846485.644.18$18,040
Jan 2011052086.504.59$2,386
Dec 2010052485.734.35$2,278
Nov 2010057980.843.80$2,198
Oct 201015063178.103.51$13,929
Sep 2010060272.633.98$2,396
Aug 20101834973.684.42$13,700
Jul 2010036372.554.74$1,719
Jun 2010035570.364.91$1,743
May 201018770771.124.24$16,294
Apr 2010062281.694.12$2,564
Mar 201017969378.394.39$17,073
Feb 2010065473.585.44$3,559
Jan 201018275074.365.96$18,007
Dec 2009071671.445.48$3,926
Nov 200918471174.593.75$16,392
Oct 2009081272.544.11$3,338
Sep 2009084765.543.06$2,596
Aug 200918284167.423.22$14,977
Jul 2009073061.133.46$2,529
Jun 200918781966.163.90$15,562
May 2009077454.743.93$3,039
Apr 200918832646.773.59$9,962
Mar 2009083542.144.06$3,389
Feb 200918691332.814.63$10,333
Jan 200901,02335.865.37$5,495
Dec 20081901,01937.105.98$13,140
Nov 2008093155.496.86$6,387
Oct 20081841,14375.246.92$21,756
Sep 2008186956101.767.88$26,458
Aug 200801,101114.228.48$9,340
Jul 20081821,113131.0811.39$36,533
Jun 20081841,120131.3313.03$38,761
May 200801,249123.1711.57$14,456
Apr 20081871,233110.3110.45$33,519
Mar 200801,349101.909.66$13,037
Feb 20081851,24792.538.77$28,055
Jan 20081931,42190.388.21$29,104
Dec 20071821,41088.337.30$26,372
Nov 200701,38291.677.29$10,077
Oct 20071831,50582.856.92$25,579
Sep 20071721,59175.846.24$22,979
Aug 20071801,64369.066.39$22,926
Jul 200701,64970.906.39$10,534
Jun 20071601,73562.007.55$23,017
May 20073111,84258.747.85$32,721
Apr 20071841,83459.617.81$25,283
Mar 20071721,91656.927.30$23,781
Feb 20071851,81055.108.22$25,064
Jan 20071902,51750.306.73$26,488
Dec 20061832,12056.656.92$25,034
Nov 20061862,05954.207.62$25,766
Oct 20061922,24454.906.01$24,036
Sep 20061892,22260.085.04$22,548
Aug 20061838368.717.34$13,183
Jul 20063591,92069.376.34$37,082
Jun 20061882,19466.286.38$26,467
May 20061892,68966.016.42$29,753
Apr 20063842,66964.397.36$44,371
Mar 20061922,29456.707.08$27,135
Feb 20063331,63857.597.75$31,874
Jan 20061912,59860.598.93$34,781
Dec 20053672,46754.9413.42$53,259
Nov 20053762,79554.6910.59$50,158
Oct 20053783,19058.3413.80$66,061
Sep 20051832,85161.4512.08$45,683
Aug 20053683,34361.519.80$55,387
Jul 20053553,66355.697.84$48,501
Jun 20053553,63752.337.38$45,422
May 20053613,97145.226.65$42,736
Apr 20053753,88049.207.36$47,009
Mar 20053613,87150.377.15$45,880
Feb 20053583,74545.226.31$39,827
Jan 20053724,44343.166.32$44,145
Dec 20043674,60539.866.75$45,717
Nov 20045295,22845.286.33$57,049
Oct 20045426,32149.706.52$68,119
Sep 20045216,70043.245.28$57,930
Aug 20045428,06042.375.55$67,703
Jul 20045379,09938.286.08$75,916
Jun 20048186,88836.106.43$73,840
May 200490711,63337.486.49$109,546
Apr 20041,23812,87734.475.86$118,113
Mar 20041,93712,17434.365.53$133,879
Feb 20041,1438,81832.455.51$85,674
Jan 20042,3027,74032.036.30$122,492
Dec 20031,1807,68830.266.30$84,154
Nov 20031,5398,31428.804.60$82,527
Oct 20031,90411,25828.174.76$107,220
Sep 20032,44713,13126.314.75$126,744
Aug 20033,4156,38029.765.13$134,358
Jul 2003753029.415.17$22,146

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.

Mar 2026 — as filed, then multipliedworked
Oil                  114 bbl  × $ 89.75 =    $10,232
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $10,232

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/29285 is the state's own key, not one this site invented.