FERGUSON-MCKNIGHT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the PEARSALL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14905District 01Field 69981125OilCasinghead gasSaveExport
Value, all time
$1.0 M
Nov 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
223
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 1,992 leases and 3,388 wells, and the rule below applies to all of them.

Discovered
1936-12-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-06-17.

The Commission's schedule remark for this field reads: LEASE PLAT. PRORATION PLAT IS NOT REQUIRED.

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
OilDisposition12,636 bbl$1,034,780
Casinghead gasProduction4 Mcf$12
Total$1,034,793

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 28.6436, -99.9071. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.7 miles.

28.64357, -99.90706 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
5,562 ft
2 wells filed one
Completion to plug
13.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 5,551 and 5,573 ft, median 5,562 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2007 – Apr 2012
2 of 2 wells
Plug dates filed
Dec 2020
1 of 2 wells; 1 filed none

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-127346375262H5,551 ftApr 2012
42-507327151533H5,573 ftNov 2007Dec 2020Yes

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 (223)

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

223 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
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 20242073.023.30$146
Dec 202311071.262.61$784
Nov 202324077.892.81$1,869
Oct 20232085.443.09$171
Sep 202311089.042.74$979
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 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202012049.881.98$599
Jan 202064057.252.09$3,664
Dec 201930059.012.30$1,770
Nov 201934055.302.75$1,880
Oct 201926053.472.42$1,390
Sep 20196055.052.66$330
Aug 201919053.112.30$1,009
Jul 201910056.272.46$563
Jun 201916052.782.49$844
May 201929058.482.74$1,696
Apr 201916062.632.75$1,002
Mar 201954056.803.06$3,067
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201849052.934.24$2,594
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 201852059.403.07$3,089
Jul 20180065.142.93$0
Jun 201865060.183.08$3,912
May 201857065.382.90$3,727
Apr 20180163.842.90$3
Mar 20180061.222.79$0
Feb 201858061.782.77$3,583
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201756055.423.12$3,104
Oct 20170049.292.98$0
Sep 201741047.523.09$1,948
Aug 201787045.373.00$3,947
Jul 201771043.873.09$3,115
Jun 201746042.493.09$1,955
May 20174045.373.26$181
Apr 201752247.933.21$2,499
Mar 20170046.772.98$0
Feb 201756150.452.95$2,828
Jan 20170049.413.42$0
Dec 201666048.763.72$3,218
Nov 2016141042.492.64$5,991
Oct 201682046.193.09$3,788
Sep 201665041.553.10$2,701
Aug 201669041.442.92$2,859
Jul 201636041.622.92$1,498
Jun 201670045.352.69$3,175
May 20160042.521.99$0
Apr 201684036.561.99$3,071
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201656027.352.36$1,532
Dec 201527032.362.00$874
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201544048.152.95$2,119
Jun 201539056.152.88$2,190
May 201563055.212.96$3,478
Apr 20150049.822.71$0
Mar 201570042.892.93$3,002
Feb 201562044.662.98$2,769
Jan 20150043.433.10$0
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 201480098.164.74$7,853
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014149097.406.19$14,513
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131470102.523.72$15,070
Jun 20130094.403.93$0
May 2013143094.834.15$13,561
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013310091.603.42$28,396
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012137089.383.40$12,245
Sep 20120094.672.92$0
Aug 201214092.662.91$1,297
Jul 2012223085.133.02$18,984
Jun 2012142079.822.52$11,334
May 2012130091.612.49$11,909
Apr 20122630101.652.00$26,734
Mar 201200105.052.22$0
Feb 20121680101.102.57$16,985
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011148084.983.65$12,577
Sep 20110083.623.99$0
Aug 2011164083.404.15$13,678
Jul 20110094.144.52$0
Jun 2011173092.904.64$16,072
May 20111098.134.40$98
Apr 20111700105.964.33$18,013
Mar 201119096.364.06$1,831
Feb 2011175085.644.18$14,987
Jan 2011169086.504.59$14,619
Dec 20100085.734.35$0
Nov 2010163080.843.80$13,177
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010177073.684.42$13,041
Jul 2010163072.554.74$11,826
Jun 2010171070.364.91$12,032
May 20100071.124.24$0
Apr 2010167081.694.12$13,642
Mar 2010267078.394.39$20,930
Feb 20100073.585.44$0
Jan 2010164074.365.96$12,195
Dec 2009182071.445.48$13,002
Nov 2009177074.593.75$13,202
Oct 2009167072.544.11$12,114
Sep 20090065.543.06$0
Aug 2009160067.423.22$10,787
Jul 2009315061.133.46$19,256
Jun 2009163066.163.90$10,784
May 2009167054.743.93$9,142
Apr 2009163046.773.59$7,624
Mar 2009162042.144.06$6,827
Feb 2009163032.814.63$5,348
Jan 2009165035.865.37$5,917
Dec 2008342037.105.98$12,688
Nov 2008166055.496.86$9,211
Oct 2008328075.246.92$24,679
Sep 20083430101.767.88$34,904
Aug 20081630114.228.48$18,618
Jul 20083440131.0811.39$45,092
Jun 20089720131.3313.03$127,653
May 20083160123.1711.57$38,922
Apr 20081610110.3110.45$17,760
Mar 20084440101.909.66$45,244
Feb 2008842092.538.77$77,910
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$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.

Jan 2024 — as filed, then multipliedworked
Oil                    2 bbl  × $ 73.02 =       $146
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                     $146

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. 01/O/14905 is the state's own key, not one this site invented.