FERGUSON BROS. -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 145018District 08Field 852803002 tax incentive programmesCondensateGasSaveExport
Value, all time
$482 k
Mar 1993 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
399
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 Gas111993-09-23129305
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
CondensateDisposition3,226 bbl$66,776
GasProduction283,811 Mcf$414,792
Total$481,568

182,281 Mcf of this lease's gas, across 46 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 31.5728, -101.1328. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57285, -101.13277 · 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
7,735 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 7,735 ft.

Completions filed
Oct 1992
1 of 1 wells

1 well

42-4313247997,735 ftOct 1992

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 (399)

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

399 months

May 202600106.413.05$0
Apr 2026010298.932.87$293
Mar 2026010089.753.15$315
Feb 202609263.503.75$345
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 2022012576.415.73$716
Nov 2022012085.005.65$678
Oct 2022014287.185.86$833
Sep 2022013184.888.16$1,069
Aug 2022015294.529.13$1,387
Jul 20220138101.587.54$1,041
Jun 20220141115.097.98$1,125
May 20220127109.378.43$1,071
Apr 20220111104.226.84$759
Mar 20220104108.885.08$528
Feb 2022010291.054.86$496
Jan 2022012581.844.54$567
Dec 2021012371.323.90$480
Nov 2021012077.435.24$628
Oct 2021010579.795.71$600
Sep 202109869.865.35$524
Aug 2021010366.024.22$435
Jul 2021010470.783.98$414
Jun 202119469.493.38$387
May 202109863.483.02$296
Apr 2021011860.362.76$325
Mar 2021012061.302.72$326
Feb 2021010057.805.55$555
Jan 2021013450.412.81$377
Dec 2020013744.642.68$367
Nov 2020011538.772.71$311
Oct 2020019136.972.48$473
Sep 2020020237.091.99$402
Aug 2020017239.982.39$410
Jul 2020011938.371.83$217
Jun 2020015434.901.69$260
May 2020017016.921.81$309
Apr 2020019414.751.80$350
Mar 2020022030.341.86$408
Feb 2020022249.881.98$440
Jan 2020021157.252.09$442
Dec 2019018059.012.30$415
Nov 2019018655.302.75$512
Oct 2019016053.472.42$387
Sep 2019012955.052.66$343
Aug 2019414353.112.30$542
Jul 2019017456.272.46$428
Jun 2019016952.782.49$421
May 2019019658.482.74$537
Apr 2019018462.632.75$506
Mar 2019020856.803.06$637
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 201805761.443.40$194
Sep 201801959.543.11$59
Aug 2018014059.403.07$429
Jul 20181429865.142.93$1,786
Jun 2018029860.183.08$917
May 2018031165.382.90$902
Apr 2018036163.842.90$1,047
Mar 2018021061.222.79$585
Feb 2018016761.782.77$462
Jan 2018020062.874.01$802
Dec 2017519657.272.92$859
Nov 2017016555.423.12$515
Oct 2017011249.292.98$334
Sep 2017012947.523.09$398
Aug 2017014145.373.00$424
Jul 2017013043.873.09$401
Jun 2017012642.493.09$389
May 201787445.373.26$604
Apr 201708847.933.21$283
Mar 201709446.772.98$280
Feb 201708950.452.95$263
Jan 2017010449.413.42$356
Dec 201609848.763.72$365
Nov 201609342.492.64$246
Oct 201609046.193.09$278
Sep 201607841.553.10$242
Aug 2016011141.442.92$325
Jul 2016011841.622.92$345
Jun 2016113045.352.69$395
May 201609842.521.99$195
Apr 2016012036.561.99$239
Mar 2016014433.011.79$258
Feb 2016013626.472.06$281
Jan 2016015527.352.36$366
Dec 2015015732.362.00$314
Nov 2015211838.792.17$333
Oct 2015012643.552.43$306
Sep 2015010742.992.76$295
Aug 2015010040.162.87$287
Jul 2015010248.152.95$300
Jun 201509956.152.88$285
May 2015012855.212.96$378
Apr 201509849.822.71$265
Mar 201509942.892.93$291
Feb 201568244.662.98$512
Jan 2015010343.433.10$319
Dec 2014011354.693.59$406
Nov 2014013170.464.25$557
Oct 2014013678.303.90$531
Sep 2014014586.164.05$587
Aug 2014014789.394.04$593
Jul 2014014296.564.18$594
Jun 2014012598.164.74$592
May 2014714394.734.73$1,339
Apr 2014014595.944.81$697
Mar 2014015195.895.06$764
Feb 2014014797.406.19$910
Jan 2014813990.404.86$1,399
Dec 2013014791.824.35$640
Nov 20131214288.853.74$1,597
Oct 2013016797.423.78$631
Sep 20130196104.113.72$729
Aug 20130178104.253.52$627
Jul 20130197102.523.72$732
Jun 2013021194.403.93$830
May 2013719094.834.15$1,452
Apr 2013018493.964.28$788
Mar 2013019493.623.91$759
Feb 2013718791.233.42$1,278
Jan 2013020391.603.42$694
Dec 2012017786.773.42$605
Nov 2012619186.953.62$1,214
Oct 2012020289.383.40$687
Sep 2012818794.672.92$1,303
Aug 2012017292.662.91$500
Jul 2012919585.133.02$1,355
Jun 2012021579.822.52$542
May 2012423491.612.49$949
Apr 20120234101.652.00$467
Mar 20120285105.052.22$633
Feb 20120161101.102.57$414
Jan 2012017098.092.73$465
Dec 2011048496.873.24$1,568
Nov 2011097195.723.31$3,215
Oct 201101,20084.983.65$4,378
Sep 2011083683.623.99$3,332
Aug 2011062083.404.15$2,573
Jul 2011020794.144.52$935
Jun 2011012192.904.64$561
May 2011012898.134.40$564
Apr 20110101105.964.33$438
Mar 2011010396.364.06$418
Feb 2011010385.644.18$431
Jan 2011010586.504.59$482
Dec 2010010685.734.35$461
Nov 2010014080.843.80$531
Oct 201004378.103.51$151
Sep 201005372.633.98$211
Aug 201018373.684.42$440
Jul 2010012572.554.74$592
Jun 2010013070.364.91$638
May 2010414471.124.24$894
Apr 2010611681.694.12$968
Mar 2010014878.394.39$650
Feb 2010013673.585.44$740
Jan 2010019274.365.96$1,145
Dec 2009019271.445.48$1,053
Nov 2009017274.593.75$645
Oct 20091818472.544.11$2,062
Sep 2009019165.543.06$585
Aug 2009018667.423.22$599
Jul 2009013361.133.46$461
Jun 20091011766.163.90$1,117
May 2009010554.743.93$412
Apr 2009011346.773.59$405
Mar 2009010642.144.06$430
Feb 2009013832.814.63$639
Jan 200909835.865.37$526
Dec 200804037.105.98$239
Nov 2008011755.496.86$803
Oct 2008121275.246.92$1,543
Sep 20080265101.767.88$2,087
Aug 20080264114.228.48$2,240
Jul 20081234131.0811.39$2,796
Jun 20080197131.3313.03$2,567
May 20080151123.1711.57$1,748
Apr 20080197110.3110.45$2,060
Mar 20080292101.909.66$2,822
Feb 2008026792.538.77$2,342
Jan 2008019590.388.21$1,600
Dec 2007011888.337.30$862
Nov 2007010991.677.29$795
Oct 2007012882.856.92$886
Sep 2007011875.846.24$737
Aug 2007013169.066.39$837
Jul 2007011970.906.39$760
Jun 2007013462.007.55$1,011
May 2007012858.747.85$1,004
Apr 2007012159.617.81$944
Mar 2007013856.927.30$1,008
Feb 2007012855.108.22$1,052
Jan 2007010750.306.73$720
Dec 2006016356.656.92$1,128
Nov 2006015954.207.62$1,211
Oct 2006015654.906.01$938
Sep 2006015860.085.04$796
Aug 2006016168.717.34$1,182
Jul 2006032069.376.34$2,030
Jun 2006037966.286.38$2,419
May 2006042466.016.42$2,724
Apr 2006029564.397.36$2,171
Mar 2006028756.707.08$2,033
Feb 2006025157.597.75$1,946
Jan 2006028460.598.93$2,537
Dec 2005027754.9413.42$3,716
Nov 2005032354.6910.59$3,420
Oct 2005135358.3413.80$4,928
Sep 2005028361.4512.08$3,418
Aug 2005036761.519.80$3,595
Jul 2005236455.697.84$2,966
Jun 2005037752.337.38$2,783
May 2005039445.226.65$2,621
Apr 2005837849.207.36$3,176
Mar 2005043350.377.15$3,098
Feb 20051351145.226.31$3,813
Jan 2005054643.166.32$3,452
Dec 20041214239.866.75$1,437
Nov 2004073445.286.33$4,647
Oct 20041154349.706.52$4,084
Sep 2004055943.245.28$2,954
Aug 2004055342.375.55$3,070
Jul 2004961338.286.08$4,074
Jun 2004063836.106.43$4,104
May 2004766337.486.49$4,568
Apr 2004764934.475.86$4,043
Mar 2004064734.365.53$3,578
Feb 2004656032.455.51$3,280
Jan 2004554732.036.30$3,606
Dec 2003756730.266.30$3,785
Nov 2003759828.804.60$2,950
Oct 2003913328.174.76$887
Sep 2003950826.314.75$2,649
Aug 2003054629.765.13$2,801
Jul 2003753429.415.17$2,967
Jun 2003957528.565.98$3,697
May 2003857726.595.97$3,659
Apr 2003757126.675.41$3,274
Mar 2003560731.146.10$3,856
Feb 2003555033.487.93$4,527
Jan 2003559730.315.58$3,484
Dec 2002446926.914.85$2,384
Nov 2002448324.664.14$2,097
Oct 2002648326.464.23$2,201
Sep 2002544427.443.64$1,751
Aug 2002544025.963.16$1,522
Jul 2002555424.583.06$1,819
Jun 2002559323.733.34$2,098
May 2002057424.663.58$2,057
Apr 2002347323.653.51$1,732
Mar 2002864322.003.10$2,171
Feb 2002655818.222.38$1,435
Jan 2002959917.172.38$1,578
Dec 2001054416.932.36$1,286
Nov 2001657518.072.41$1,492
Oct 2001861619.782.53$1,716
Sep 2001080124.262.25$1,803
Aug 20011060824.873.05$2,105
Jul 2001656523.933.20$1,950
Jun 2001053124.563.82$2,031
May 2001337825.524.31$1,705
Apr 2001441124.685.34$2,292
Mar 2001048224.545.38$2,591
Feb 2001042027.755.77$2,422
Jan 2001043427.478.40$3,645
Dec 2000045126.889.12$4,114
Nov 2000052232.215.66$2,953
Oct 2000052631.235.15$2,707
Sep 2000149031.875.19$2,573
Aug 2000459429.644.54$2,816
Jul 2000172428.534.09$2,990
Jun 2000124029.304.40$1,085
May 2000019627.263.68$721
Apr 2000021724.513.12$676
Mar 2000024028.422.86$686
Feb 2000125827.622.73$731
Jan 2000034625.272.48$858
Dec 1999155424.282.42$1,367
Nov 1999143923.192.43$1,092
Oct 1999028620.982.80$802
Sep 1999133221.752.62$891
Aug 1999042719.262.88$1,228
Jul 1999149817.892.37$1,199
Jun 1999341815.942.36$1,035
May 1999065815.792.32$1,527
Apr 19992460115.102.21$1,689
Mar 1999048312.471.84$888
Feb 199906119.981.82$1,111
Jan 199901,05010.381.90$1,995
Dec 199806799.201.77$1,204
Nov 1998072810.892.19$1,591
Oct 1998070612.421.97$1,390
Sep 1998059912.592.08$1,247
Aug 1998190311.301.91$1,734
Jul 199801,05411.742.24$2,358
Jun 1998191711.242.24$2,063
May 199801,37012.622.21$3,023
Apr 199831,27413.042.51$3,231
Mar 199801,17312.802.31$2,709
Feb 1998051913.952.30$1,193
Jan 1998028814.702.15$621
Dec 1997032316.322.41$779
Nov 1997053518.193.09$1,652
Oct 19971676219.253.15$2,708
Sep 1997059517.742.95$1,758
Aug 1997421,21117.862.55$3,844
Jul 1997079517.582.25$1,786
Jun 19973197717.242.26$2,740
May 199701,29718.972.31$2,994
Apr 1997521,00217.882.08$3,017
Mar 199701,38918.951.94$2,693
Feb 19975292520.492.21$3,106
Jan 1997241,02423.483.54$4,188
Dec 19963689923.32$840
Nov 1996141,13521.97$308
Oct 1996491,52423.31$1,142
Sep 1996181,41522.22$400
Aug 1996211,37720.26$425
Jul 1996171,28119.55$332
Jun 1996221,78918.73$412
May 1996241,32419.43$466
Apr 1996211,24121.51$452
Mar 1996431,46219.38$833
Feb 1996321,64016.98$543
Jan 1996631,34217.07$1,075
Dec 1995271,38117.19$464
Nov 1995401,62616.00$640
Oct 1995301,67815.43$463
Sep 1995341,76316.18$550
Aug 1995311,69515.92$494
Jul 1995351,99615.24$533
Jun 1995141,88316.41$230
May 1995552,13017.56$966
Apr 1995251,76117.73$443
Mar 1995692,57816.44$1,134
Feb 1995622,21816.58$1,028
Jan 1995602,50815.92$955
Dec 1994832,91715.03$1,247
Nov 1994652,34415.90$1,034
Oct 1994753,71215.58$1,169
Sep 1994823,48015.29$1,254
Aug 19941504,96716.13$2,420
Jul 1994982,55317.56$1,721
Jun 1994842,86717.09$1,436
May 19941353,90815.88$2,144
Apr 19941073,41114.14$1,513
Mar 1994374,06312.46$461
Feb 1994143,48712.50$175
Jan 1994454,01612.66$570
Dec 1993365,00112.33$444
Nov 1993225,31514.49$319
Oct 1993475,96215.85$745
Sep 1993404,17515.03$601
Aug 1993759,17015.66$1,175
Jul 19939414,27015.46$1,453
Jun 199310210,21816.79$1,713
May 199311912,13317.68$2,104
Apr 199311912,61818.05$2,148
Mar 19938822,04818.14$1,596

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/145018 is the state's own key, not one this site invented.