FERGUSON B

Operated by EQT PRODUCTION TEXAS, LLC (P-5 253406) in the SUGG RANCH (CANYON DIST 08) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 131292District 08Field 870185502 tax incentive programmesCondensateGasSaveExport
Value, all time
$240 k
Jan 1993 – Aug 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
284
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 55 leases and 406 wells, and the rule below applies to all of them.

Discovered
1987-05-17
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. The field rule took effect on 1991-11-04.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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 Gas111991-12-17124596
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
CondensateDisposition3,257 bbl$65,066
GasProduction257,959 Mcf$174,763
Total$239,829

204,290 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 31.5987, -101.1347. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59866, -101.13475 · 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
100.0%
1 of 1 wells
Median depth
8,232 ft
1 wells filed one
Completion to plug
11.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,232 ft.

Completions filed
Mar 2005
1 of 1 wells
Plug dates filed
Aug 2016
1 of 1 wells

Last completion to plug: a median of 11.4 years across the 1 well that filed both dates, with the middle half between 11.4 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-431319943188,232 ftMar 2005Aug 2016Yes

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 (284)

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

284 months

Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20056049.207.36$295
Mar 2005323250.377.15$1,841
Feb 2005458045.226.31$2,540
Jan 20051426343.166.32$2,267
Dec 20041117039.866.75$1,586
Nov 20041328545.286.33$2,393
Oct 2004728649.706.52$2,211
Sep 2004427943.245.28$1,647
Aug 2004621142.375.55$1,425
Jul 2004321538.286.08$1,423
Jun 2004313436.106.43$970
May 2004923537.486.49$1,864
Apr 2004825334.475.86$1,758
Mar 20041031434.365.53$2,080
Feb 20041827532.455.51$2,099
Jan 20041027532.036.30$2,053
Dec 2003524630.266.30$1,702
Nov 2003926028.804.60$1,454
Oct 2003628828.174.76$1,540
Sep 2003629226.314.75$1,545
Aug 2003534129.765.13$1,898
Jul 2003628829.415.17$1,666
Jun 2003525128.565.98$1,645
May 2003528926.595.97$1,859
Apr 2003626526.675.41$1,593
Mar 2003926731.146.10$1,908
Feb 2003724433.487.93$2,168
Jan 20031030130.315.58$1,983
Dec 20021131326.914.85$1,815
Nov 20021235624.664.14$1,769
Oct 2002637426.464.23$1,740
Sep 2002530327.443.64$1,239
Aug 2002733625.963.16$1,245
Jul 2002533424.583.06$1,146
Jun 2002430323.733.34$1,106
May 2002529624.663.58$1,184
Apr 2002828223.653.51$1,180
Mar 2002737222.003.10$1,308
Feb 2002938118.222.38$1,069
Jan 20021227717.172.38$864
Dec 20011538116.932.36$1,155
Nov 2001738018.072.41$1,041
Oct 20011040219.782.53$1,214
Sep 2001641924.262.25$1,089
Aug 20011140624.873.05$1,513
Jul 2001939623.933.20$1,481
Jun 2001331424.563.82$1,274
May 2001737425.524.31$1,790
Apr 20011038224.685.34$2,285
Mar 20011039424.545.38$2,364
Feb 20011023327.755.77$1,621
Jan 20011638527.478.40$3,673
Dec 20002046026.889.12$4,734
Nov 20002149632.215.66$3,483
Oct 20002057531.235.15$3,583
Sep 20001152731.875.19$3,084
Aug 20001255429.644.54$2,871
Jul 20001654728.534.09$2,694
Jun 20001351229.304.40$2,632
May 20001254027.263.68$2,314
Apr 20001541824.513.12$1,670
Mar 20001451328.422.86$1,865
Feb 20001851127.622.73$1,890
Jan 20002045125.272.48$1,624
Dec 19991864324.282.42$1,995
Nov 19991762023.192.43$1,903
Oct 19991559620.982.80$1,986
Sep 19991265121.752.62$1,966
Aug 1999728819.262.88$963
Jul 19991248817.892.37$1,372
Jun 19991150615.942.36$1,371
May 19991255415.792.32$1,475
Apr 19991457915.102.21$1,490
Mar 19991657912.471.84$1,264
Feb 1999155459.981.82$1,140
Jan 19991854410.381.90$1,220
Dec 1998285599.201.77$1,249
Nov 19982570210.892.19$1,807
Oct 19982074312.421.97$1,712
Sep 19981371912.592.08$1,661
Aug 1998579811.301.91$1,579
Jul 1998962411.742.24$1,502
Jun 19981286511.242.24$2,070
May 1998161,00912.622.21$2,428
Apr 1998231,01213.042.51$2,835
Mar 1998321,01012.802.31$2,742
Feb 19982595213.952.30$2,538
Jan 1998361,15514.702.15$3,018
Dec 1997411,15016.322.41$3,442
Nov 1997241,13518.193.09$3,942
Oct 1997261,20419.253.15$4,293
Sep 1997191,21317.742.95$3,921
Aug 1997171,29917.862.55$3,622
Jul 1997221,35417.582.25$3,429
Jun 1997221,40817.242.26$3,557
May 1997251,39818.972.31$3,702
Apr 1997261,26017.882.08$3,089
Mar 1997411,39218.951.94$3,476
Feb 1997381,43420.492.21$3,942
Jan 1997361,54523.483.54$6,314
Dec 1996531,71723.32$1,236
Nov 1996581,65321.97$1,274
Oct 1996491,84423.31$1,142
Sep 1996791,84922.22$1,755
Aug 1996272,20820.26$547
Jul 1996252,39919.55$489
Jun 1996242,84818.73$450
May 1996363,68419.43$699
Apr 1996442,93721.51$946
Mar 1996963,07319.38$1,860
Feb 19961149816.98$187
Jan 1996145017.07$17
Dec 199531,17817.19$52
Nov 1995485916.00$64
Oct 1995131,82715.43$201
Sep 1995162,17316.18$259
Aug 1995212,15915.92$334
Jul 1995322,30715.24$488
Jun 1995222,03316.41$361
May 1995223,72817.56$386
Apr 1995382,83217.73$674
Mar 1995453,72216.44$740
Feb 1995272,33416.58$448
Jan 1995252,71915.92$398
Dec 1994252,87115.03$376
Nov 1994254,01615.90$398
Oct 1994253,93815.58$390
Sep 1994243,89515.29$367
Aug 1994133,32216.13$210
Jul 1994173,31217.56$299
Jun 1994184,44817.09$308
May 1994313,92215.88$492
Apr 1994434,91914.14$608
Mar 1994414,45912.46$511
Feb 1994574,94112.50$713
Jan 1994585,61712.66$734
Dec 1993587,81112.33$715
Nov 1993434,50314.49$623
Oct 1993486,14415.85$761
Sep 1993203,68615.03$301
Aug 1993376,36515.66$579
Jul 1993366,33015.46$557
Jun 1993568,62116.79$940
May 19938410,24317.68$1,485
Apr 19937510,03518.05$1,354
Mar 19939411,06218.14$1,705
Feb 19937812,67617.90$1,396
Jan 19935714,12316.93$965

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.

Apr 2005 — as filed, then multipliedworked
Condensate             6 bbl  × $ 49.20 =       $295
Gas                    0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                     $295

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. 08/G/131292 is the state's own key, not one this site invented.