FERGUSON, J.R. ESTATE

Operated by SEAGULL ENERGY E&P INC. (P-5 761701) in the WINKLER, S.(COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 135486District 05Field 98042300CondensateGasSave
Value, all time
$244 k
Jan 1993 – May 2000
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
89
no gaps in the span
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
CondensateDisposition4,573 bbl$75,113
GasProduction289,287 Mcf$169,115
Total$244,229

219,261 Mcf of this lease's gas, across 40 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.9006, -96.2014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90061, -96.20143 · 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
11,000 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 11,000 ft.

Completions filed
Feb 2000
1 of 1 wells

1 well

42-16131125211,000 ftFeb 2000Yes

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 (89)

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

89 months

May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200034028.422.86$966
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999011721.752.62$306
Aug 1999035119.262.88$1,009
Jul 1999026617.892.37$631
Jun 1999021415.942.36$505
May 1999032415.792.32$752
Apr 1999034315.102.21$757
Mar 1999032312.471.84$594
Feb 199902569.981.82$465
Jan 1999057310.381.90$1,089
Dec 199805079.201.77$899
Nov 199801,56410.892.19$3,418
Oct 199801,25112.421.97$2,463
Sep 199801,03212.592.08$2,149
Aug 199801,57211.301.91$2,998
Jul 199873,87511.742.24$8,752
Jun 19981962,24411.242.24$7,223
May 199803,80912.622.21$8,404
Apr 19982004,42013.042.51$13,682
Mar 19982044,19312.802.31$12,295
Feb 199804,19313.952.30$9,640
Jan 19981914,58614.702.15$12,690
Dec 19971843,56716.322.41$11,603
Nov 199703,93918.193.09$12,165
Oct 19971884,80219.253.15$18,744
Sep 19971934,57117.742.95$16,931
Aug 199704,07517.862.55$10,411
Jul 19971873,19317.582.25$10,462
Jun 19971993,22317.242.26$10,706
May 199703,06018.972.31$7,064
Apr 199702,28917.882.08$4,767
Mar 1997095018.951.94$1,842
Feb 1997033320.492.21$735
Jan 199701123.483.54$39
Dec 19960823.32$0
Nov 19960921.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 1996021920.26$0
Jul 19960019.55$0
Jun 199601018.73$0
May 19960819.43$0
Apr 199601221.51$0
Mar 19960919.38$0
Feb 199601516.98$0
Jan 199601217.07$0
Dec 199502317.19$0
Nov 199501116.00$0
Oct 199501715.43$0
Sep 199503816.18$0
Aug 199505915.92$0
Jul 199509115.24$0
Jun 1995111516.41$16
May 19951017.56$18
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 1994014315.03$0
Nov 1994016815.90$0
Oct 1994030615.58$0
Sep 1994049615.29$0
Aug 1994045216.13$0
Jul 1994039317.56$0
Jun 1994030517.09$0
May 1994028415.88$0
Apr 1994014714.14$0
Mar 1994029912.46$0
Feb 1994338812.50$38
Jan 1994443612.66$51
Dec 19931589912.33$185
Nov 1993674,32014.49$971
Oct 199322512,74815.85$3,566
Sep 199321516,63715.03$3,231
Aug 199322518,30615.66$3,524
Jul 199323520,37515.46$3,633
Jun 19937517,11816.79$1,259
May 199329721,16917.68$5,251
Apr 199330623,73118.05$5,523
Mar 199333625,47718.14$6,095
Feb 199343326,33717.90$7,751
Jan 199335227,67116.93$5,959

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.

Mar 2000 — as filed, then multipliedworked
Condensate            34 bbl  × $ 28.42 =       $966
Gas                    0 Mcf  × $  2.86 =         $0

────────────────────────────────────────────────────
Month total                                     $966

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. 05/G/135486 is the state's own key, not one this site invented.