FERGUSON BROTHERS "34"

Operated by P1 ENERGY, LLC (P-5 631633) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 143238District 08Field 852803002 tax incentive programmesCondensateGasSaveExport
Value, all time
$514 k
Jan 1993 – May 2026
Value, last 12 filed months
$4 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

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 Gas111993-10-25129514
NGPA2none

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
CondensateDisposition3,793 bbl$82,077
GasProduction366,147 Mcf$431,656
Total$513,732

255,127 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 31.5694, -101.1360. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56942, -101.13598 · 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
7,825 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 7,825 ft.

Completions filed
Jul 1990
1 of 1 wells

1 well

42-4313211657,825 ftJul 1990

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 202600106.413.05$0
Apr 2026010298.932.87$293
Mar 2026010089.753.15$315
Feb 202605463.503.75$203
Jan 202609359.138.00$744
Dec 2025010756.664.41$472
Nov 2025010558.593.93$412
Oct 2025011259.383.30$370
Sep 2025011062.743.08$338
Aug 2025011463.933.01$344
Jul 2025011566.743.32$381
Jun 202509566.483.13$297
May 202509860.553.23$317
Apr 202508562.363.54$301
Mar 2025011267.704.27$478
Feb 2025012570.884.34$543
Jan 2025012274.324.28$522
Dec 2024012368.993.12$384
Nov 2024011669.052.20$255
Oct 2024011571.372.28$262
Sep 202409669.612.36$227
Aug 2024010175.632.06$208
Jul 2024010179.932.15$217
Jun 202409578.082.63$250
May 2024010378.812.20$226
Apr 2024014284.451.66$236
Mar 2024012580.301.55$193
Feb 2024011976.091.78$212
Jan 2024012973.023.30$425
Dec 2023012971.262.61$337
Nov 2023012777.892.81$357
Oct 2023013185.443.09$404
Sep 2023011589.042.74$315
Aug 202309280.522.67$246
Jul 202309474.852.64$248
Jun 2023010668.962.26$239
May 2023012870.622.23$285
Apr 2023013978.122.24$311
Mar 2023016572.852.39$395
Feb 2023015575.112.47$382
Jan 2023016676.533.39$562
Dec 2022012276.415.73$699
Nov 2022012085.005.65$678
Oct 2022014287.185.86$833
Sep 2022013184.888.16$1,069
Aug 2022013394.529.13$1,214
Jul 20220133101.587.54$1,003
Jun 20220141115.097.98$1,125
May 20220116109.378.43$978
Apr 2022099104.226.84$677
Mar 2022095108.885.08$482
Feb 202208391.054.86$403
Jan 202209281.844.54$417
Dec 202109071.323.90$351
Nov 202108877.435.24$461
Oct 202107779.795.71$440
Sep 202107269.865.35$385
Aug 202108066.024.22$338
Jul 202108370.783.98$331
Jun 2021167369.493.38$1,359
May 202107863.483.02$235
Apr 202169460.362.76$621
Mar 202109661.302.72$261
Feb 202108057.805.55$444
Jan 2021010750.412.81$301
Dec 2020010744.642.68$286
Nov 202008738.772.71$235
Oct 202007336.972.48$181
Sep 202006937.091.99$137
Aug 202006039.982.39$143
Jul 202005438.371.83$99
Jun 202006134.901.69$103
May 202006916.921.81$125
Apr 202007414.751.80$134
Mar 202007830.341.86$145
Feb 202008049.881.98$158
Jan 202007757.252.09$161
Dec 201906259.012.30$143
Nov 201906755.302.75$184
Oct 201907453.472.42$179
Sep 201906955.052.66$183
Aug 2019147253.112.30$909
Jul 201908356.272.46$204
Jun 201906952.782.49$172
May 201907558.482.74$206
Apr 201908962.632.75$245
Mar 20190056.803.06$0
Feb 201902150.852.79$59
Jan 2019011646.033.23$374
Dec 2018011346.594.19$473
Nov 2018011252.934.24$475
Oct 2018010861.443.40$367
Sep 201807759.543.11$239
Aug 2018013659.403.07$417
Jul 2018514265.142.93$742
Jun 2018010560.183.08$323
May 2018018765.382.90$542
Apr 2018022663.842.90$656
Mar 2018014761.222.79$410
Feb 2018017361.782.77$479
Jan 2018023662.874.01$946
Dec 2017721757.272.92$1,035
Nov 201706255.423.12$193
Oct 201704249.292.98$125
Sep 201704947.523.09$151
Aug 201705445.373.00$162
Jul 201704943.873.09$151
Jun 201705242.493.09$161
May 2017116445.373.26$708
Apr 2017014247.933.21$456
Mar 2017015246.772.98$454
Feb 2017014550.452.95$428
Jan 2017016949.413.42$578
Dec 2016016048.763.72$596
Nov 2016015242.492.64$402
Oct 2016014646.193.09$451
Sep 2016012741.553.10$394
Aug 2016018041.442.92$526
Jul 2016017441.622.92$509
Jun 2016515945.352.69$654
May 2016012142.521.99$241
Apr 2016016636.561.99$331
Mar 2016020233.011.79$362
Feb 2016019126.472.06$394
Jan 2016021727.352.36$513
Dec 2015022032.362.00$440
Nov 20151016138.792.17$737
Oct 2015017143.552.43$415
Sep 2015018042.992.76$497
Aug 2015015440.162.87$442
Jul 2015015948.152.95$468
Jun 2015015956.152.88$458
May 2015019255.212.96$567
Apr 2015014849.822.71$401
Mar 2015015342.892.93$449
Feb 2015712244.662.98$676
Jan 2015014643.433.10$453
Dec 2014014854.693.59$532
Nov 2014018370.464.25$778
Oct 2014022078.303.90$858
Sep 2014019386.164.05$781
Aug 2014019389.394.04$779
Jul 2014019196.564.18$798
Jun 2014017998.164.74$848
May 2014716294.734.73$1,429
Apr 2014018195.944.81$870
Mar 2014018395.895.06$925
Feb 2014019097.406.19$1,176
Jan 2014818490.404.86$1,618
Dec 2013019291.824.35$836
Nov 20131017488.853.74$1,539
Oct 2013021297.423.78$801
Sep 20130229104.113.72$851
Aug 20130208104.253.52$733
Jul 20130250102.523.72$929
Jun 2013025194.403.93$987
May 2013918794.834.15$1,629
Apr 2013017793.964.28$758
Mar 2013019893.623.91$775
Feb 20131219491.233.42$1,758
Jan 2013022691.603.42$773
Dec 2012019586.773.42$667
Nov 20121421286.953.62$1,986
Oct 2012022489.383.40$762
Sep 2012920794.672.92$1,456
Aug 2012018992.662.91$550
Jul 20121019985.133.02$1,452
Jun 2012020179.822.52$506
May 2012921591.612.49$1,359
Apr 20120205101.652.00$409
Mar 20120256105.052.22$569
Feb 20125329101.102.57$1,351
Jan 2012034998.092.73$954
Dec 2011232296.873.24$1,237
Nov 2011027395.723.31$904
Oct 2011031584.983.65$1,149
Sep 2011019283.623.99$765
Aug 201108883.404.15$365
Jul 2011011494.144.52$515
Jun 201108892.904.64$408
May 2011013498.134.40$590
Apr 20110106105.964.33$459
Mar 2011010896.364.06$438
Feb 2011010585.644.18$439
Jan 2011510186.504.59$896
Dec 2010010485.734.35$452
Nov 2010010180.843.80$383
Oct 201003378.103.51$116
Sep 201004972.633.98$195
Aug 201019573.684.42$494
Jul 2010015272.554.74$720
Jun 2010015770.364.91$771
May 2010317471.124.24$950
Apr 2010514181.694.12$990
Mar 2010016678.394.39$729
Feb 201008573.585.44$463
Jan 2010017174.365.96$1,020
Dec 2009018471.445.48$1,009
Nov 2009016574.593.75$619
Oct 2009217772.544.11$873
Sep 2009018365.543.06$561
Aug 2009013567.423.22$435
Jul 200907361.133.46$253
Jun 2009010966.163.90$425
May 2009013054.743.93$510
Apr 2009012346.773.59$441
Mar 200907442.144.06$300
Feb 200905832.814.63$269
Jan 2009011735.865.37$628
Dec 2008012837.105.98$765
Nov 2008019255.496.86$1,317
Oct 2008020675.246.92$1,426
Sep 20080198101.767.88$1,560
Aug 20080190114.228.48$1,612
Jul 20080131131.0811.39$1,492
Jun 20080107131.3313.03$1,394
May 20080145123.1711.57$1,678
Apr 20081261110.3110.45$2,839
Mar 20080440101.909.66$4,252
Feb 200839692.538.77$1,120
Jan 2008041690.388.21$3,414
Dec 2007127388.337.30$2,082
Nov 2007025091.677.29$1,823
Oct 2007022282.856.92$1,537
Sep 2007020575.846.24$1,280
Aug 2007024769.066.39$1,578
Jul 2007021970.906.39$1,399
Jun 2007020262.007.55$1,525
May 2007020958.747.85$1,640
Apr 2007021159.617.81$1,647
Mar 2007023956.927.30$1,745
Feb 2007021955.108.22$1,799
Jan 2007018250.306.73$1,224
Dec 2006028556.656.92$1,972
Nov 2006027854.207.62$2,118
Oct 2006026954.906.01$1,618
Sep 2006025560.085.04$1,284
Aug 2006023368.717.34$1,710
Jul 2006040969.376.34$2,594
Jun 2006047566.286.38$3,032
May 2006037966.016.42$2,435
Apr 2006029264.397.36$2,149
Mar 2006028756.707.08$2,033
Feb 2006025057.597.75$1,938
Jan 2006029560.598.93$2,635
Dec 2005029954.9413.42$4,011
Nov 2005031154.6910.59$3,293
Oct 2005028758.3413.80$3,959
Sep 2005022561.4512.08$2,718
Aug 2005028461.519.80$2,782
Jul 2005131055.697.84$2,487
Jun 2005032952.337.38$2,428
May 2005031545.226.65$2,095
Apr 2005427749.207.36$2,236
Mar 2005330050.377.15$2,298
Feb 20051040945.226.31$3,034
Jan 2005043643.166.32$2,756
Dec 20041011339.866.75$1,161
Nov 2004058745.286.33$3,716
Oct 20041143449.706.52$3,374
Sep 2004044843.245.28$2,367
Aug 2004044142.375.55$2,448
Jul 20041149038.286.08$3,402
Jun 2004051136.106.43$3,287
May 20041453037.486.49$3,967
Apr 20041451934.475.86$3,523
Mar 2004051834.365.53$2,865
Feb 20041144832.455.51$2,825
Jan 20041143732.036.30$3,105
Dec 20031045430.266.30$3,164
Nov 2003947828.804.60$2,456
Oct 2003810728.174.76$735
Sep 2003940626.314.75$2,165
Aug 2003043729.765.13$2,242
Jul 2003650529.415.17$2,788
Jun 2003854228.565.98$3,471
May 2003954526.595.97$3,494
Apr 2003956326.675.41$3,284
Mar 20031060031.146.10$3,969
Feb 20031054333.487.93$4,639
Jan 20031058930.315.58$3,591
Dec 20021157826.914.85$3,101
Nov 20021259524.664.14$2,757
Oct 20021358426.464.23$2,814
Sep 20021253727.443.64$2,281
Aug 20021253325.963.16$1,998
Jul 20021167024.583.06$2,322
Jun 20021267123.733.34$2,525
May 2002065124.663.58$2,333
Apr 20021256223.653.51$2,258
Mar 20022676522.003.10$2,946
Feb 20021566218.222.38$1,846
Jan 20021880417.172.38$2,219
Dec 2001073016.932.36$1,726
Nov 20012277218.072.41$2,255
Oct 20012180519.782.53$2,451
Sep 2001090824.262.25$2,044
Aug 20011784524.873.05$3,003
Jul 20011887523.933.20$3,228
Jun 20010124.563.82$4
May 20011081925.524.31$3,783
Apr 2001653624.685.34$3,008
Mar 20013436224.545.38$2,781
Feb 2001035927.755.77$2,070
Jan 2001836227.478.40$3,260
Dec 2000034126.889.12$3,111
Nov 20002632532.215.66$2,676
Oct 20004038831.235.15$3,246
Sep 20002241831.875.19$2,869
Aug 20003150929.644.54$3,230
Jul 20001453728.534.09$2,596
Jun 20001158329.304.40$2,886
May 20001140827.263.68$1,801
Apr 2000042324.513.12$1,318
Mar 2000242228.422.86$1,264
Feb 20001347027.622.73$1,641
Jan 2000056125.272.48$1,392
Dec 199931,12524.282.42$2,800
Nov 1999673223.192.43$1,921
Oct 1999051920.982.80$1,455
Sep 1999438021.752.62$1,082
Aug 1999061119.262.88$1,757
Jul 1999790117.892.37$2,263
Jun 19991381515.942.36$2,132
May 1999059815.792.32$1,388
Apr 1999308415.102.21$638
Mar 1999049412.471.84$908
Feb 199907669.981.82$1,392
Jan 1999261,50710.381.90$3,133
Dec 199809189.201.77$1,628
Nov 1998141,13210.892.19$2,627
Oct 1998221,42712.421.97$3,083
Sep 1998491,02512.592.08$2,752
Aug 1998088011.301.91$1,678
Jul 199801,17111.742.24$2,620
Jun 19984987011.242.24$2,497
May 1998079412.622.21$1,752
Apr 19986390413.042.51$3,086
Mar 199801,04012.802.31$2,402
Feb 1998096413.952.30$2,216
Jan 1998431,08914.702.15$2,979
Dec 1997072416.322.41$1,746
Nov 1997072218.193.09$2,230
Oct 1997451,21219.253.15$4,684
Sep 1997094817.742.95$2,801
Aug 1997341,68517.862.55$4,912
Jul 199701,40417.582.25$3,155
Jun 1997281,39917.242.26$3,641
May 199701,74418.972.31$4,026
Apr 1997491,54017.882.08$4,084
Mar 199702,27218.951.94$4,406
Feb 1997462,09220.492.21$5,557
Jan 1997262,26023.483.54$8,610
Dec 1996342,43223.32$793
Nov 199692,27421.97$198
Oct 1996432,38123.31$1,002
Sep 1996192,27922.22$422
Aug 1996202,38320.26$405
Jul 1996212,26519.55$411
Jun 1996182,18418.73$337
May 1996192,20319.43$369
Apr 1996182,27221.51$387
Mar 1996352,47419.38$678
Feb 1996191,56216.98$323
Jan 1996312,58517.07$529
Dec 1995403,40617.19$688
Nov 1995423,20916.00$672
Oct 1995232,90815.43$355
Sep 1995172,71416.18$275
Aug 1995232,39215.92$366
Jul 1995253,61715.24$381
Jun 1995273,44816.41$443
May 1995583,35817.56$1,018
Apr 1995283,66317.73$496
Mar 1995784,52816.44$1,282
Feb 1995503,34816.58$829
Jan 1995524,80015.92$828
Dec 1994785,14615.03$1,172
Nov 1994474,87715.90$747
Oct 1994475,54415.58$732
Sep 1994494,36415.29$749
Aug 1994755,69616.13$1,210
Jul 1994536,60617.56$931
Jun 1994453,67517.09$769
May 1994563,97315.88$889
Apr 1994524,99114.14$735
Mar 1994374,86312.46$461
Feb 1994474,62912.50$588
Jan 1994366,67812.66$456
Dec 1993208,16912.33$247
Nov 1993707,32914.49$1,014
Oct 19931068,69215.85$1,680
Sep 1993165,29615.03$240
Aug 1993629,95015.66$971
Jul 19938413,00515.46$1,299
Jun 1993686,84916.79$1,142
May 19935710,68017.68$1,008
Apr 19939211,32218.05$1,661
Mar 199314513,07518.14$2,630
Feb 199314419,76017.90$2,578
Jan 199314611,27316.93$2,472

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  102 Mcf  × $  2.87 =       $293

────────────────────────────────────────────────────
Month total                                     $293

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/143238 is the state's own key, not one this site invented.