FERGUSON PRISON UNIT

Operated by SEM OPERATING COMPANY LLC (P-5 766370) 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 271371District 03Field 32156852CondensateGasSaveExport
Value, all time
$13.2 M
Apr 2012 – Sep 2014
Value, last 12 filed months
$3.4 M
at the published price for each month
Months reported
30
no gaps in the span
Streams
2
condensate, 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 145 leases and 145 wells, and the rule below applies to all of them.

Discovered
1961-01-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: NO GREATER THAN THE YARDSTICK OF 845 BBLS/DAY FOR 640 AC WELL.

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
CondensateDisposition111,647 bbl$10,255,096
GasProduction810,813 Mcf$2,914,471
Total$13,169,568

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 30.9526, -95.6961. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.95258, -95.69610 · 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
12,308 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 12,308 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-31330857100112,308 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 (30)

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

30 months

Sep 20140086.164.05$0
Aug 20141,92917,80489.394.04$244,275
Jul 20141,82014,88096.564.18$237,932
Jun 20142,05914,37798.164.74$270,214
May 20142,24119,00694.734.73$302,123
Apr 20142,22218,92095.944.81$304,167
Mar 20142,50417,84195.895.06$330,327
Feb 20142,31317,47997.406.19$333,516
Jan 20142,56621,47890.404.86$336,365
Dec 20132,84920,65391.824.35$351,528
Nov 20132,69419,18888.853.74$311,092
Oct 20132,83722,69097.423.78$362,134
Sep 20132,60423,820104.113.72$359,659
Aug 20133,25526,787104.253.52$433,694
Jul 20132,90626,303102.523.72$395,711
Jun 20133,57428,37094.403.93$448,976
May 20134,15226,33794.834.15$503,008
Apr 20135,05828,41993.964.28$596,957
Mar 20133,66924,80093.623.91$440,531
Feb 20133,43023,01591.233.42$391,628
Jan 20134,62627,62491.603.42$518,213
Dec 20123,91323,29286.773.42$419,193
Nov 20124,86334,03686.953.62$546,217
Oct 20125,63038,89289.383.40$635,430
Sep 20125,83743,84594.672.92$680,546
Aug 20126,83956,69492.662.91$798,577
Jul 20127,22652,63285.133.02$774,140
Jun 20129,57558,33879.822.52$911,232
May 20128,07655,60291.612.49$878,198
Apr 20123807,691101.652.00$53,984

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         1,929 bbl  × $ 89.39 =   $172,433
Gas               17,804 Mcf  × $  4.04 =    $71,841

────────────────────────────────────────────────────
Month total                                 $244,275

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/271371 is the state's own key, not one this site invented.