FERGUSON PRISON UNIT

Operated by SEM OPERATING COMPANY LLC (P-5 ) in the FORT TRINIDAD (GLEN ROSE, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 266320District 03Field 00000000CondensateGasSaveExport
Value, all time
$29.0 M
Jun 2011 – Jul 2015
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
43
7 months not filed
Streams
2
condensate, gas

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
CondensateDisposition283,930 bbl$26,295,648
GasProduction800,012 Mcf$2,751,411
Total$29,047,059

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 30.9550, -95.6796. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.95498, -95.67965 · 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
0.0%
0 of 1 wells
Median depth
12,200 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 12,200 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-31330859090112,200 ftSep 2014Yes

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 (43)

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

43 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Sep 20140086.164.05$0
Aug 20142,55810,54889.394.04$271,222
Jul 20142,4138,60796.564.18$268,973
Jun 20142,7297,18098.164.74$301,889
May 20142,9719,36394.734.73$325,698
Apr 20142,9466,52895.944.81$314,033
Mar 20143,3195,18995.895.06$344,499
Feb 20143,0677,33297.406.19$344,126
Jan 20143,4025,93290.404.86$336,375
Dec 20133,7538,05491.824.35$379,671
Nov 20133,5719,31188.853.74$352,090
Oct 20133,72515,63397.423.78$421,972
Sep 20133,45211,195104.113.72$401,008
Aug 20134,31513,165104.253.52$496,214
Jul 20133,85213,246102.523.72$444,152
Jun 20134,73713,09994.403.93$498,697
May 20135,50412,04594.834.15$571,920
Apr 20136,9858,39593.964.28$692,263
Mar 20134,66710,23393.623.91$476,965
Feb 20134,9368,52191.233.42$479,452
Jan 20136,12612,49591.603.42$603,873
Dec 20126,38415,13586.773.42$605,704
Nov 20126,4479,99586.953.62$596,798
Oct 20127,46314,50589.383.40$716,355
Sep 20127,73816,54594.672.92$780,841
Aug 20129,25220,96992.662.91$918,272
Jul 20129,97931,50885.133.02$944,692
Jun 20129,96736,86179.822.52$888,420
May 201210,35032,82591.612.49$1,029,843
Apr 201210,97432,266101.652.00$1,179,936
Mar 201211,53031,743105.052.22$1,281,762
Feb 201210,90632,234101.102.57$1,185,446
Jan 201213,62738,72698.092.73$1,442,552
Dec 201116,40555,04996.873.24$1,767,497
Nov 201112,98543,84095.723.31$1,388,091
Oct 201115,20546,01684.983.65$1,460,012
Sep 201115,56544,93883.623.99$1,480,659
Aug 201120,25750,54183.404.15$1,899,145
Jul 20119,86850,24594.144.52$1,155,942
Jun 20110092.904.64$0

Not filed, and not zero: Oct 2014 – Apr 2015 (7 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Aug 2014 — as filed, then multipliedworked
Condensate         2,558 bbl  × $ 89.39 =   $228,660
Gas               10,548 Mcf  × $  4.04 =    $42,562

────────────────────────────────────────────────────
Month total                                 $271,222

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. 03/G/266320 is the state's own key, not one this site invented.