FERGUSON, D.

Operated by MERIT ENERGY COMPANY (P-5 561136) in the ALVARADO (VICKSBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 192873District 04Field 021006252 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.4 M
Jan 2003 – May 2026
Value, last 12 filed months
$163 k
at the published price for each month
Months reported
281
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 90 leases and 90 wells, and the rule below applies to all of them.

Discovered
1993-06-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2001-11-06.

The Commission's schedule remark for this field reads: AS A SINGLE RESERVOIR.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112003-05-01151064
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition22,365 bbl$1,060,718
GasProduction1,869,734 Mcf$10,314,313
Total$11,375,031

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 26.7255, -98.3700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.72553, -98.36996 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,550 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
00.0%
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.
1100.0%

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 8,550 ft.

Completions filed
Jan 2003
1 of 1 wells

1 well

42-4273356318,550 ftJan 2003

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 (281)

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

281 months

May 2026331,228106.413.05$7,252
Apr 20261862,39098.932.87$25,260
Mar 2026332,94689.753.15$12,240
Feb 2026172,17463.503.75$9,233
Jan 2026172,70059.138.00$22,600
Dec 2025173,01956.664.41$14,287
Nov 20252072,35958.593.93$21,391
Oct 2025172,62759.383.30$9,691
Sep 2025172,16462.743.08$7,725
Aug 2025172,13663.933.01$7,526
Jul 2025173,07466.743.32$11,326
Jun 20251052,36266.483.13$14,370
May 202503,03360.553.23$9,804
Apr 2025172,71562.363.54$10,680
Mar 2025972,51867.704.27$17,315
Feb 2025172,27770.884.34$11,089
Jan 202502,49874.324.28$10,688
Dec 20241231,84068.993.12$14,229
Nov 2024342,59269.052.20$8,046
Oct 2024562,44371.372.28$9,570
Sep 2024172,69969.612.36$7,565
Aug 2024782,26475.632.06$10,571
Jul 20241382,64779.932.15$16,712
Jun 2024172,99778.082.63$9,221
May 2024573,07078.812.20$11,241
Apr 2024173,09784.451.66$6,574
Mar 2024442,54680.301.55$7,467
Feb 2024292,43976.091.78$6,557
Jan 2024833,05373.023.30$16,128
Dec 2023282,82471.262.61$9,368
Nov 2023142,70677.892.81$8,688
Oct 20231002,22585.443.09$15,413
Sep 202303,08589.042.74$8,438
Aug 2023273,35680.522.67$11,144
Jul 20231693,57574.852.64$22,094
Jun 2023284,11868.962.26$11,231
May 2023324,67170.622.23$12,664
Apr 2023304,79378.122.24$13,069
Mar 202305,85672.852.39$14,014
Feb 202365,28575.112.47$13,482
Jan 2023250376.533.39$1,857
Dec 2022245876.415.73$2,777
Nov 2022137585.005.65$2,202
Oct 2022340087.185.86$2,607
Sep 2022531084.888.16$2,955
Aug 2022033894.529.13$3,085
Jul 202215372101.587.54$4,329
Jun 2022161,760115.097.98$15,881
May 20221982,736109.378.43$44,728
Apr 2022102,485104.226.84$18,034
Mar 2022102,863108.885.08$15,623
Feb 2022102,64091.054.86$13,738
Jan 2022192,31281.844.54$12,046
Dec 202192,91171.323.90$11,992
Nov 2021972,87777.435.24$22,577
Oct 2021152,97079.795.71$18,167
Sep 202182,97269.865.35$16,462
Aug 202192,93866.024.22$12,994
Jul 2021243,05470.783.98$13,860
Jun 202153,49469.493.38$12,159
May 202101,06563.483.02$3,214
Apr 20211962,36560.362.76$18,354
Mar 202102,97461.302.72$8,080
Feb 20211042,12257.805.55$17,784
Jan 2021213,16150.412.81$9,942
Dec 2020222,92544.642.68$8,808
Nov 2020213,09438.772.71$9,188
Oct 2020183,02536.972.48$8,163
Sep 2020183,05337.091.99$6,746
Aug 2020173,24039.982.39$8,407
Jul 202003,23038.371.83$5,895
Jun 2020343,38434.901.69$6,907
May 2020173,65516.921.81$6,921
Apr 202003,75514.751.80$6,775
Mar 20201344,29230.341.86$12,033
Feb 2020104,68449.881.98$9,776
Jan 202002,16157.252.09$4,527
Dec 2019017859.012.30$410
Nov 20195118855.302.75$3,337
Oct 2019381,19753.472.42$4,927
Sep 2019233,03955.052.66$9,342
Aug 2019233,00653.112.30$8,148
Jul 2019202,50256.272.46$7,280
Jun 2019212,90852.782.49$8,353
May 20192153,11658.482.74$21,112
Apr 2019432,80262.632.75$10,401
Mar 201903,12756.803.06$9,575
Feb 2019222,91150.852.79$9,247
Jan 201903,42046.033.23$11,040
Dec 201803,82846.594.19$16,022
Nov 2018201,39552.934.24$6,970
Oct 201803,09561.443.40$10,517
Sep 2018383,29259.543.11$12,494
Aug 201803,51359.403.07$10,773
Jul 2018173,45465.142.93$11,234
Jun 2018193,34660.183.08$11,439
May 201803,60165.382.90$10,446
Apr 2018193,77663.842.90$12,166
Mar 2018403,91461.222.79$13,356
Feb 20181784,27761.782.77$22,828
Jan 2018204,52962.874.01$19,416
Dec 2017172,67757.272.92$8,795
Nov 2017103,14155.423.12$10,349
Oct 2017104,13649.292.98$12,833
Sep 201744,05447.523.09$12,706
Aug 2017254,65545.373.00$15,120
Jul 2017163,14443.873.09$10,408
Jun 2017293,64042.493.09$12,470
May 201771,16945.373.26$4,133
Apr 2017191,64347.933.21$6,187
Mar 2017191,87646.772.98$6,486
Feb 2017302,32850.452.95$8,387
Jan 2017061649.413.42$2,106
Dec 201618993048.763.72$12,678
Nov 201631,88542.492.64$5,112
Oct 201683,45446.193.09$11,043
Sep 2016113,51241.553.10$11,346
Aug 201693,83441.442.92$11,585
Jul 2016183,72741.622.92$11,648
Jun 201693,68945.352.69$10,316
May 2016213,58742.521.99$8,035
Apr 2016113,67236.561.99$7,713
Mar 201683,55233.011.79$6,636
Feb 201672,47526.472.06$5,293
Jan 201673,30127.352.36$7,996
Dec 2015973,74132.362.00$10,626
Nov 201572,52738.792.17$5,748
Oct 201582,11743.552.43$5,485
Sep 201563,60642.992.76$10,205
Aug 201543,71540.162.87$10,832
Jul 201553,61648.152.95$10,890
Jun 201553,87156.152.88$11,440
May 2015103,08155.212.96$9,658
Apr 201513,76649.822.71$10,243
Mar 201523,69842.892.93$10,938
Feb 201562,98344.662.98$9,146
Jan 20151944,14943.433.10$21,290
Dec 201434,20854.693.59$15,277
Nov 201454,28370.464.25$18,563
Oct 201453,27478.303.90$13,163
Sep 201433,90986.164.05$16,072
Aug 201473,37089.394.04$14,224
Jul 201444,81896.564.18$20,524
Jun 201455,45698.164.74$26,335
May 20141876,26394.734.73$47,317
Apr 201456,53395.944.81$31,898
Mar 2014619895.895.06$1,577
Feb 2014022797.406.19$1,406
Jan 201402,13290.404.86$10,363
Dec 201303,23791.824.35$14,095
Nov 2013068488.853.74$2,557
Oct 201301,39897.423.78$5,284
Sep 2013122,992104.113.72$12,373
Aug 20131753,962104.253.52$32,200
Jul 201313,637102.523.72$13,624
Jun 201303,85494.403.93$15,159
May 201343,93194.834.15$16,689
Apr 201323,95193.964.28$17,108
Mar 20132024,19593.623.91$35,326
Feb 201303,40291.233.42$11,635
Jan 201324,14391.603.42$14,352
Dec 201204,32786.773.42$14,799
Nov 201224,24386.953.62$15,555
Oct 201214,34589.383.40$14,861
Sep 201204,26094.672.92$12,432
Aug 201214,49492.662.91$13,162
Jul 201274,55585.133.02$14,356
Jun 20121813179.822.52$14,526
May 201223,87691.612.49$9,828
Apr 201212,522101.652.00$5,138
Mar 201244,015105.052.22$9,342
Feb 201223,300101.102.57$8,684
Jan 20121874,36198.092.73$30,266
Dec 201163,33596.873.24$11,386
Nov 201143,84395.723.31$13,108
Oct 201154,41884.983.65$16,544
Sep 201114,13283.623.99$16,553
Aug 201124,21183.404.15$17,640
Jul 201124,26894.144.52$19,468
Jun 201124,47892.904.64$20,963
May 201104,69998.134.40$20,698
Apr 20111904,584105.964.33$39,996
Mar 201155,08296.364.06$21,101
Feb 201193,84285.644.18$16,830
Jan 201195,06286.504.59$24,007
Dec 201064,34285.734.35$19,392
Nov 201014,24680.843.80$16,196
Oct 201004,57378.103.51$16,046
Sep 201004,95572.633.98$19,718
Aug 201024,89073.684.42$21,758
Jul 20101925,78072.554.74$41,307
Jun 201014,77670.364.91$23,522
May 201026,73071.124.24$28,645
Apr 201023,06081.694.12$12,779
Mar 201015,79078.394.39$25,489
Feb 201022,55773.585.44$14,063
Jan 201004,01474.365.96$23,940
Dec 20091885,55971.445.48$43,915
Nov 200904,69574.593.75$17,613
Oct 200904,31872.544.11$17,748
Sep 200925,22865.543.06$16,154
Aug 20091825,60367.423.22$30,304
Jul 200905,43161.133.46$18,816
Jun 200926,12966.163.90$24,005
May 200913,66754.743.93$14,450
Apr 200925,69846.773.59$20,535
Mar 200937,33542.144.06$29,899
Feb 20091997,99932.814.63$43,589
Jan 200907,47035.865.37$40,121
Dec 200825,25537.105.98$31,484
Nov 200804,10255.496.86$28,141
Oct 200811,32575.246.92$9,247
Sep 200815,543101.767.88$43,764
Aug 200805,642114.228.48$47,861
Jul 20081765,329131.0811.39$83,764
Jun 200816,964131.3313.03$90,891
May 200816,885123.1711.57$79,812
Apr 200805,311110.3110.45$55,526
Mar 200804,745101.909.66$45,856
Feb 20081946,86792.538.77$78,178
Jan 2008177,35690.388.21$61,898
Dec 200703,64688.337.30$26,623
Nov 200703,84091.677.29$28,000
Oct 200705,93282.856.92$41,061
Sep 20071656,15175.846.24$50,921
Aug 200706,96969.066.39$44,518
Jul 200705,63370.906.39$35,983
Jun 200705,85862.007.55$44,219
May 20071056,66758.747.85$58,479
Apr 200707,11459.617.81$55,526
Mar 200707,47356.927.30$54,568
Feb 20071976,36655.108.22$63,158
Jan 200707,91750.306.73$53,256
Dec 200608,22756.656.92$56,918
Nov 200608,52854.207.62$64,962
Oct 20061124,76054.906.01$34,774
Sep 20061188,20460.085.04$48,415
Aug 200609,13368.717.34$67,035
Jul 200608,25669.376.34$52,366
Jun 20061939,13766.286.38$71,122
May 20061969,97066.016.42$76,995
Apr 200605,28964.397.36$38,930
Mar 200608,20056.707.08$58,080
Feb 200607,46257.597.75$57,839
Jan 20062019,36160.598.93$95,803
Dec 200507,90954.9413.42$106,102
Nov 200507,19954.6910.59$76,226
Oct 200519210,55458.3413.80$156,802
Sep 200519510,79461.4512.08$142,363
Aug 200505,15761.519.80$50,522
Jul 200502,97455.697.84$23,327
Jun 200519610,49152.337.38$87,691
May 2005010,44445.226.65$69,465
Apr 20052018,51549.207.36$72,564
Mar 2005010,48550.377.15$75,019
Feb 200519011,06345.226.31$78,421
Jan 2005011,00043.166.32$69,544
Dec 200419511,52739.866.75$85,592
Nov 200419612,56245.286.33$88,398
Oct 2004014,45749.706.52$94,189
Sep 200419815,18443.245.28$88,792
Aug 200419117,00042.375.55$102,454
Jul 200419712,00538.286.08$80,582
Jun 200418911,76736.106.43$82,520
May 200419411,72937.486.49$83,446
Apr 200438619,39434.475.86$126,924
Mar 2004011,88234.365.53$65,709
Feb 200420019,25732.455.51$112,589
Jan 200439812,28232.036.30$90,120
Dec 200318611,20130.266.30$76,213
Nov 200338920,18028.804.60$103,934
Oct 200318723,44028.174.76$116,834
Sep 200337728,28626.314.75$144,259
Aug 200337933,48229.765.13$183,032
Jul 200338743,37529.415.17$235,667
Jun 200357632,94128.565.98$213,535
May 200358349,14626.595.97$309,035
Apr 200358360,94626.675.41$345,101
Mar 20031,538115,03131.146.10$749,127
Feb 20033,716179,23333.487.93$1,544,991
Jan 20031,77766,90530.315.58$427,327

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.

May 2026 — as filed, then multipliedworked
Condensate            33 bbl  × $106.41 =     $3,512
Gas                1,228 Mcf  × $  3.05 =     $3,740

────────────────────────────────────────────────────
Month total                                   $7,252

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. 04/G/192873 is the state's own key, not one this site invented.