“Well, here we are,” said the frog, to nobody in particular. It just seemed like the right thing to say, given the situation he was in.
And that situation, of course, was that he was in water — which should come as no surprise to anybody. Frogs love water, and this frog was no exception. Like all frogs, this frog could think of no place he would rather be than to be sitting in water, which he was.