FERGUSON GAS UNIT 1

Operated by PEDERNALES PETROLEUM OP, LLC (P-5 650201) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 117992District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
401
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
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
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
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
CondensateDisposition670 bbl$20,779
GasProduction411,734 Mcf$1,135,367
Total$1,156,146

137,958 Mcf of this lease's gas, across 48 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 32.3226, -94.8097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32264, -94.80967 · 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
11,100 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 11,100 ft.

Completions filed
May 1985
1 of 1 wells

1 well

42-40131997111,100 ftMay 1985

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 (401)

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

401 months

May 20260304106.413.05$926
Apr 2026029498.932.87$844
Mar 2026030889.753.15$970
Feb 2026028063.503.75$1,050
Jan 2026031459.138.00$2,511
Dec 2025031556.664.41$1,390
Nov 2025030758.593.93$1,205
Oct 2025032459.383.30$1,071
Sep 2025031762.743.08$975
Aug 2025029363.933.01$883
Jul 2025032066.743.32$1,061
Jun 2025036766.483.13$1,148
May 2025036360.553.23$1,173
Apr 2025032462.363.54$1,148
Mar 2025035067.704.27$1,494
Feb 2025031470.884.34$1,363
Jan 2025035674.324.28$1,523
Dec 2024036868.993.12$1,149
Nov 2024034469.052.20$756
Oct 2024036671.372.28$835
Sep 2024035369.612.36$835
Aug 2024036875.632.06$759
Jul 2024034079.932.15$730
Jun 2024033178.082.63$872
May 2024034478.812.20$756
Apr 2024033984.451.66$562
Mar 2024034980.301.55$539
Feb 2024033676.091.78$599
Jan 2024037673.023.30$1,240
Dec 2023039371.262.61$1,026
Nov 2023038677.892.81$1,084
Oct 2023037685.443.09$1,161
Sep 2023042289.042.74$1,154
Aug 2023045580.522.67$1,216
Jul 2023033874.852.64$893
Jun 2023041468.962.26$935
May 2023042970.622.23$956
Apr 2023037078.122.24$828
Mar 2023037872.852.39$905
Feb 2023036475.112.47$898
Jan 2023047676.533.39$1,613
Dec 2022047176.415.73$2,698
Nov 2022045385.005.65$2,558
Oct 2022048587.185.86$2,844
Sep 2022046384.888.16$3,780
Aug 2022044394.529.13$4,043
Jul 20220438101.587.54$3,303
Jun 20220433115.097.98$3,454
May 20220449109.378.43$3,786
Apr 20220434104.226.84$2,968
Mar 20220458108.885.08$2,325
Feb 2022043391.054.86$2,104
Jan 2022046981.844.54$2,128
Dec 2021046771.323.90$1,821
Nov 2021048077.435.24$2,514
Oct 2021043079.795.71$2,457
Sep 2021040669.865.35$2,172
Aug 2021040566.024.22$1,709
Jul 2021042070.783.98$1,672
Jun 2021038269.493.38$1,291
May 2021038463.483.02$1,159
Apr 2021037160.362.76$1,023
Mar 2021036261.302.72$984
Feb 2021024957.805.55$1,381
Jan 2021035050.412.81$984
Dec 2020045044.642.68$1,204
Nov 2020046838.772.71$1,267
Oct 2020037736.972.48$934
Sep 2020038537.091.99$767
Aug 2020037139.982.39$885
Jul 2020033438.371.83$610
Jun 2020032234.901.69$544
May 2020033416.921.81$606
Apr 2020031414.751.80$567
Mar 2020033930.341.86$629
Feb 2020033849.881.98$669
Jan 2020043757.252.09$915
Dec 2019036559.012.30$841
Nov 2019034655.302.75$952
Oct 2019027653.472.42$668
Sep 2019034055.052.66$903
Aug 2019035153.112.30$809
Jul 2019025656.272.46$630
Jun 201909252.782.49$229
May 2019032458.482.74$888
Apr 2019032962.632.75$905
Mar 2019035956.803.06$1,099
Feb 2019038350.852.79$1,069
Jan 2019037646.033.23$1,214
Dec 2018032946.594.19$1,377
Nov 2018017052.934.24$720
Oct 2018028961.443.40$982
Sep 2018028459.543.11$883
Aug 2018032959.403.07$1,009
Jul 2018029365.142.93$859
Jun 2018042260.183.08$1,298
May 2018045965.382.90$1,331
Apr 2018046263.842.90$1,340
Mar 2018049961.222.79$1,391
Feb 2018040361.782.77$1,115
Jan 2018038862.874.01$1,556
Dec 2017038457.272.92$1,122
Nov 2017046355.423.12$1,444
Oct 2017034849.292.98$1,038
Sep 2017038547.523.09$1,189
Aug 2017033445.373.00$1,003
Jul 2017039043.873.09$1,204
Jun 2017043342.493.09$1,337
May 2017042445.373.26$1,384
Apr 2017040247.933.21$1,291
Mar 2017041846.772.98$1,247
Feb 2017027450.452.95$809
Jan 2017042349.413.42$1,446
Dec 2016044048.763.72$1,638
Nov 20165945842.492.64$3,718
Oct 2016041646.193.09$1,286
Sep 2016045041.553.10$1,395
Aug 2016044741.442.92$1,307
Jul 2016045141.622.92$1,319
Jun 2016054045.352.69$1,450
May 2016047842.521.99$952
Apr 2016074236.561.99$1,477
Mar 2016047933.011.79$859
Feb 2016045226.472.06$933
Jan 2016050927.352.36$1,203
Dec 2015051132.362.00$1,023
Nov 2015047138.792.17$1,021
Oct 201518044543.552.43$8,919
Sep 2015033042.992.76$910
Aug 2015042740.162.87$1,227
Jul 2015046748.152.95$1,375
Jun 2015034956.152.88$1,006
May 2015025755.212.96$760
Apr 2015024349.822.71$658
Mar 2015033442.892.93$980
Feb 2015044644.662.98$1,327
Jan 2015052543.433.10$1,628
Dec 2014071754.693.59$2,575
Nov 2014050370.464.25$2,139
Oct 2014036978.303.90$1,439
Sep 2014032686.164.05$1,319
Aug 2014038889.394.04$1,566
Jul 2014039696.564.18$1,655
Jun 2014042298.164.74$1,999
May 2014043194.734.73$2,037
Apr 2014041095.944.81$1,972
Mar 2014045295.895.06$2,286
Feb 2014041597.406.19$2,570
Jan 2014047890.404.86$2,323
Dec 2013037291.824.35$1,620
Nov 2013031888.853.74$1,189
Oct 2013042097.423.78$1,587
Sep 20130420104.113.72$1,561
Aug 20130447104.253.52$1,575
Jul 20130444102.523.72$1,651
Jun 2013045994.403.93$1,805
May 2013050394.834.15$2,087
Apr 2013042693.964.28$1,824
Mar 2013045793.623.91$1,788
Feb 2013043991.233.42$1,501
Jan 2013060091.603.42$2,052
Dec 2012056286.773.42$1,922
Nov 2012061286.953.62$2,218
Oct 2012064689.383.40$2,196
Sep 2012066794.672.92$1,947
Aug 2012072692.662.91$2,111
Jul 2012071085.133.02$2,145
Jun 2012069279.822.52$1,743
May 2012088391.612.49$2,197
Apr 20120632101.652.00$1,262
Mar 20120585105.052.22$1,300
Feb 20120587101.102.57$1,509
Jan 2012055898.092.73$1,526
Dec 2011059496.873.24$1,924
Nov 2011061795.723.31$2,043
Oct 2011046284.983.65$1,686
Sep 2011046383.623.99$1,845
Aug 2011048083.404.15$1,992
Jul 2011053494.144.52$2,412
Jun 2011051492.904.64$2,385
May 2011050798.134.40$2,233
Apr 20110494105.964.33$2,141
Mar 2011047996.364.06$1,943
Feb 2011046685.644.18$1,948
Jan 2011059486.504.59$2,726
Dec 2010048485.734.35$2,104
Nov 2010051780.843.80$1,962
Oct 2010057078.103.51$2,000
Sep 2010062572.633.98$2,487
Aug 2010055473.684.42$2,448
Jul 2010056972.554.74$2,695
Jun 2010053670.364.91$2,632
May 2010060371.124.24$2,554
Apr 2010058781.694.12$2,420
Mar 2010066678.394.39$2,923
Feb 2010055373.585.44$3,010
Jan 2010055574.365.96$3,310
Dec 2009064271.445.48$3,521
Nov 2009054874.593.75$2,056
Oct 2009058672.544.11$2,409
Sep 2009070565.543.06$2,161
Aug 2009072667.423.22$2,337
Jul 2009075661.133.46$2,619
Jun 2009057566.163.90$2,240
May 2009062354.743.93$2,446
Apr 2009058646.773.59$2,102
Mar 2009059642.144.06$2,419
Feb 2009055232.814.63$2,557
Jan 2009027535.865.37$1,477
Dec 2008075237.105.98$4,495
Nov 2008070755.496.86$4,850
Oct 200801,01875.246.92$7,047
Sep 20080648101.767.88$5,104
Aug 20080674114.228.48$5,718
Jul 20080693131.0811.39$7,893
Jun 20080388131.3313.03$5,057
May 20080359123.1711.57$4,155
Apr 20080359110.3110.45$3,753
Mar 20080348101.909.66$3,363
Feb 2008031192.538.77$2,728
Jan 2008036290.388.21$2,970
Dec 2007029388.337.30$2,139
Nov 2007042691.677.29$3,106
Oct 2007072682.856.92$5,025
Sep 2007096875.846.24$6,044
Aug 2007071069.066.39$4,535
Jul 2007076870.906.39$4,906
Jun 2007087362.007.55$6,590
May 2007094258.747.85$7,391
Apr 200701,92759.617.81$15,041
Mar 200701,24556.927.30$9,091
Feb 200701,03355.108.22$8,487
Jan 200701,23150.306.73$8,281
Dec 200601,09956.656.92$7,603
Nov 200601,24554.207.62$9,484
Oct 2006022654.906.01$1,359
Sep 2006022560.085.04$1,133
Aug 2006079668.717.34$5,843
Jul 2006076669.376.34$4,859
Jun 200605766.286.38$364
May 2006010766.016.42$687
Apr 2006019764.397.36$1,450
Mar 2006026056.707.08$1,842
Feb 2006027657.597.75$2,139
Jan 2006047960.598.93$4,279
Dec 200504054.9413.42$537
Nov 200501,05554.6910.59$11,171
Oct 200501,23658.3413.80$17,052
Sep 200501,08861.4512.08$13,142
Aug 2005098161.519.80$9,611
Jul 200501,02855.697.84$8,063
Jun 200501,20052.337.38$8,857
May 200501,04145.226.65$6,924
Apr 200501,05249.207.36$7,743
Mar 200501,14850.377.15$8,214
Feb 200501,05045.226.31$6,628
Jan 200501,22543.166.32$7,745
Dec 200401,09439.866.75$7,386
Nov 200401,31245.286.33$8,306
Oct 200401,40949.706.52$9,180
Sep 200401,19643.245.28$6,320
Aug 200401,33542.375.55$7,410
Jul 20041531,39438.286.08$14,338
Jun 200401,23336.106.43$7,932
May 200401,66137.486.49$10,788
Apr 200401,68234.475.86$9,854
Mar 200401,45034.365.53$8,019
Feb 200401,34032.455.51$7,383
Jan 200401,82432.036.30$11,491
Dec 200301,11030.266.30$6,995
Nov 200301,53628.804.60$7,058
Oct 200301,52628.174.76$7,263
Sep 200301,50326.314.75$7,138
Aug 200301,65129.765.13$8,469
Jul 200301,56729.415.17$8,103
Jun 200301,65928.565.98$9,926
May 200301,53026.595.97$9,138
Apr 200301,55226.675.41$8,392
Mar 200301,36431.146.10$8,315
Feb 200301,20433.487.93$9,543
Jan 200301,56830.315.58$8,753
Dec 200201,60326.914.85$7,781
Nov 200201,52824.664.14$6,321
Oct 200201,68326.464.23$7,118
Sep 200201,48627.443.64$5,402
Aug 200201,67825.963.16$5,309
Jul 200211,73924.583.06$5,349
Jun 200201,63523.733.34$5,458
May 200201,63024.663.58$5,842
Apr 200201,55523.653.51$5,462
Mar 200201,35222.003.10$4,195
Feb 200201,37218.222.38$3,259
Jan 200201,67717.172.38$3,984
Dec 200101,64416.932.36$3,887
Nov 200102,52718.072.41$6,079
Oct 2001183419.782.53$2,129
Sep 2001088624.262.25$1,995
Aug 2001093524.873.05$2,855
Jul 200101,58123.933.20$5,055
Jun 200101,49924.563.82$5,732
May 200101,26825.524.31$5,462
Apr 200103,24924.685.34$17,334
Mar 2001017224.545.38$925
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000084726.889.12$7,727
Nov 2000361,66132.215.66$10,558
Oct 2000079931.235.15$4,111
Sep 2000086431.875.19$4,481
Aug 2000092129.644.54$4,182
Jul 2000083028.534.09$3,394
Jun 2000079729.304.40$3,505
May 2000087627.263.68$3,223
Apr 2000071424.513.12$2,225
Mar 2000083228.422.86$2,379
Feb 2000079927.622.73$2,178
Jan 2000086025.272.48$2,133
Dec 1999090024.282.42$2,181
Nov 1999094723.192.43$2,305
Oct 199901,52320.982.80$4,270
Sep 199901,59221.752.62$4,169
Aug 199901,71419.262.88$4,929
Jul 199901,61517.892.37$3,831
Jun 199901,58415.942.36$3,742
May 199901,73815.792.32$4,034
Apr 199901,81715.102.21$4,012
Mar 199901,74612.471.84$3,210
Feb 199901,6529.981.82$3,003
Jan 199901,94110.381.90$3,688
Dec 199801,9259.201.77$3,414
Nov 199801,87510.892.19$4,098
Oct 199802,11512.421.97$4,165
Sep 199801,78712.592.08$3,722
Aug 199801,93811.301.91$3,696
Jul 199802,01811.742.24$4,515
Jun 199801,83211.242.24$4,099
May 199802,03412.622.21$4,488
Apr 199802,04113.042.51$5,113
Mar 199802,30712.802.31$5,328
Feb 199803,26413.952.30$7,504
Jan 1998028914.702.15$623
Dec 199701,47616.322.41$3,559
Nov 199701,35218.193.09$4,175
Oct 199701,93719.253.15$6,101
Sep 199701,93917.742.95$5,730
Aug 199702,24117.862.55$5,725
Jul 199702,69017.582.25$6,044
Jun 199702,10317.242.26$4,747
May 199702,62518.972.31$6,060
Apr 199702,69317.882.08$5,609
Mar 199702,31518.951.94$4,489
Feb 199702,31520.492.21$5,107
Jan 199702,02223.483.54$7,157
Dec 199602,05223.32$0
Nov 199601,99721.97$0
Oct 199602,08623.31$0
Sep 199602,21722.22$0
Aug 199602,43320.26$0
Jul 199602,49419.55$0
Jun 199602,32018.73$0
May 199602,47319.43$0
Apr 199602,41321.51$0
Mar 199602,71719.38$0
Feb 199602,61116.98$0
Jan 199602,71117.07$0
Dec 1995852,47417.19$1,461
Nov 199502,42316.00$0
Oct 199502,62015.43$0
Sep 199502,88816.18$0
Aug 199502,37415.92$0
Jul 199503,05415.24$0
Jun 199503,19216.41$0
May 199503,36217.56$0
Apr 199502,77817.73$0
Mar 199503,19416.44$0
Feb 199502,68616.58$0
Jan 199503,07015.92$0
Dec 199403,52415.03$0
Nov 199402,84715.90$0
Oct 199403,20715.58$0
Sep 199402,77815.29$0
Aug 199402,95616.13$0
Jul 199403,21817.56$0
Jun 199403,27617.09$0
May 199403,51215.88$0
Apr 199403,40914.14$0
Mar 199403,44312.46$0
Feb 199403,06612.50$0
Jan 199403,88212.66$0
Dec 19931554,05712.33$1,911
Nov 199303,45314.49$0
Oct 199302,67215.85$0
Sep 199302,62715.03$0
Aug 199303,11315.66$0
Jul 199302,25215.46$0
Jun 199302,20716.79$0
May 199302,56717.68$0
Apr 199302,00918.05$0
Mar 199303,85018.14$0
Feb 199303,22517.90$0
Jan 199304,16916.93$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  304 Mcf  × $  3.05 =       $926

────────────────────────────────────────────────────
Month total                                     $926

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. 06/G/117992 is the state's own key, not one this site invented.