JERNIGAN GAS UNIT

Operated by FORMATION RESOUR FIELD SVCS, LLC (P-5 100566) in the CHAPEL HILL field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 277178District 06Field 17008001CondensateGasSaveExport
Value, all time
$126 k
May 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
133
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 39 leases and 50 wells, and the rule below applies to all of them.

Discovered
1940-02-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
CondensateDisposition1,225 bbl$56,755
GasProduction24,489 Mcf$69,395
Total$126,150

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 32.3694, -95.0649. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36944, -95.06493 · 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
8,850 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 8,850 ft.

Completions filed
May 1983
1 of 1 wells

1 well

42-4233054618,850 ftMay 1983

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 (133)

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

133 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202002430.341.86$45
Feb 202001049.881.98$20
Jan 202007657.252.09$159
Dec 201909559.012.30$219
Nov 2019011155.302.75$305
Oct 2019016953.472.42$409
Sep 2019021155.052.66$561
Aug 2019024053.112.30$553
Jul 2019033856.272.46$832
Jun 2019033552.782.49$835
May 2019038258.482.74$1,047
Apr 2019041462.632.75$1,139
Mar 2019060056.803.06$1,837
Feb 2019026450.852.79$737
Jan 201906846.033.23$220
Dec 2018024246.594.19$1,013
Nov 2018012152.934.24$513
Oct 20187929761.443.40$5,863
Sep 2018014359.543.11$444
Aug 2018025559.403.07$782
Jul 2018024665.142.93$721
Jun 2018039460.183.08$1,212
May 2018069565.382.90$2,016
Apr 201817582963.842.90$13,577
Mar 2018081961.222.79$2,282
Feb 2018057061.782.77$1,577
Jan 2018073862.874.01$2,959
Dec 201717970157.272.92$12,299
Nov 2017071755.423.12$2,236
Oct 2017059349.292.98$1,769
Sep 2017062047.523.09$1,914
Aug 2017062845.373.00$1,887
Jul 2017064543.873.09$1,991
Jun 201715654242.493.09$8,302
May 2017033745.373.26$1,100
Apr 2017021947.933.21$703
Mar 201702,36846.772.98$7,065
Feb 2017031050.452.95$915
Jan 201702049.413.42$68
Dec 201601148.763.72$41
Nov 201601342.492.64$34
Oct 201601746.193.09$53
Sep 2016043641.553.10$1,352
Aug 201618242741.442.92$8,791
Jul 2016055341.622.92$1,617
Jun 2016049045.352.69$1,316
May 2016050942.521.99$1,013
Apr 201617350836.561.99$7,336
Mar 2016053533.011.79$960
Feb 2016046726.472.06$964
Jan 2016046227.352.36$1,092
Dec 201516758332.362.00$6,571
Nov 2015049438.792.17$1,071
Oct 2015048343.552.43$1,172
Sep 2015051042.992.76$1,407
Aug 201511448140.162.87$5,960
Jul 2015054748.152.95$1,611
Jun 2015057756.152.88$1,663
May 20150055.212.96$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.

Mar 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                   24 Mcf  × $  1.86 =        $45

────────────────────────────────────────────────────
Month total                                      $45

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/277178 is the state's own key, not one this site invented.