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 145019District 08Field 852803002 tax incentive programmesCondensateGasSaveExport
Value, all time
$810 k
Mar 1993 – May 2026
Value, last 12 filed months
$19 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 Gas111993-09-23129307
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
CondensateDisposition3,198 bbl$94,393
GasProduction357,359 Mcf$715,968
Total$810,360

170,235 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 31.5770, -101.1336. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57704, -101.13358 · 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
7,753 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 7,753 ft.

Completions filed
Nov 1992
1 of 1 wells

1 well

42-43132572107,753 ftNov 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 2026044698.932.87$1,280
Mar 2026043689.753.15$1,373
Feb 2026040263.503.75$1,508
Jan 2026040459.138.00$3,231
Dec 2025046756.664.41$2,061
Nov 2025045858.593.93$1,798
Oct 2025049059.383.30$1,619
Sep 2025048062.743.08$1,477
Aug 2025049763.933.01$1,498
Jul 2025050366.743.32$1,668
Jun 2025041266.483.13$1,289
May 2025042860.553.23$1,383
Apr 2025037262.363.54$1,318
Mar 2025048867.704.27$2,083
Feb 2025054370.884.34$2,357
Jan 2025053174.324.28$2,272
Dec 2024053668.993.12$1,673
Nov 2024050669.052.20$1,112
Oct 2024050071.372.28$1,141
Sep 2024042069.612.36$993
Aug 2024043975.632.06$906
Jul 2024043979.932.15$942
Jun 2024041278.082.63$1,085
May 2024045078.812.20$989
Apr 2024061984.451.66$1,027
Mar 2024054580.301.55$842
Feb 2024051876.091.78$924
Jan 2024056073.023.30$1,847
Dec 2023056071.262.61$1,462
Nov 2023055377.892.81$1,553
Oct 2023057285.443.09$1,766
Sep 2023049989.042.74$1,365
Aug 2023040280.522.67$1,075
Jul 2023041174.852.64$1,086
Jun 2023046168.962.26$1,041
May 2023055670.622.23$1,238
Apr 2023043278.122.24$967
Mar 2023020272.852.39$483
Feb 2023019075.112.47$468
Jan 2023020476.533.39$691
Dec 2022015476.415.73$882
Nov 2022014785.005.65$830
Oct 2022017487.185.86$1,020
Sep 2022016184.888.16$1,314
Aug 2022018694.529.13$1,698
Jul 20220169101.587.54$1,275
Jun 20220173115.097.98$1,380
May 20220160109.378.43$1,349
Apr 20220154104.226.84$1,053
Mar 20220158108.885.08$802
Feb 2022015091.054.86$729
Jan 2022017981.844.54$812
Dec 2021016571.323.90$643
Nov 2021017377.435.24$906
Oct 2021015079.795.71$857
Sep 2021014069.865.35$749
Aug 2021014766.024.22$620
Jul 2021014970.783.98$593
Jun 20212513069.493.38$2,177
May 2021014063.483.02$422
Apr 2021916960.362.76$1,009
Mar 2021016661.302.72$451
Feb 2021014457.805.55$799
Jan 2021018750.412.81$526
Dec 2020017744.642.68$474
Nov 2020017038.772.71$460
Oct 2020026936.972.48$667
Sep 2020028037.091.99$557
Aug 2020023339.982.39$556
Jul 2020023938.371.83$436
Jun 2020027934.901.69$472
May 2020031416.921.81$570
Apr 2020033614.751.80$606
Mar 2020034430.341.86$639
Feb 2020037249.881.98$737
Jan 2020037057.252.09$775
Dec 2019034659.012.30$797
Nov 2019037255.302.75$1,023
Oct 2019042653.472.42$1,030
Sep 2019041055.052.66$1,089
Aug 20191540453.112.30$1,728
Jul 2019034956.272.46$859
Jun 2019033052.782.49$822
May 2019037458.482.74$1,025
Apr 2019035062.632.75$963
Mar 2019045956.803.06$1,406
Feb 2019049350.852.79$1,377
Jan 2019055346.033.23$1,785
Dec 2018055546.594.19$2,323
Nov 2018054752.934.24$2,318
Oct 2018064561.443.40$2,192
Sep 2018048559.543.11$1,507
Aug 2018045059.403.07$1,380
Jul 20181660265.142.93$2,807
Jun 2018063760.183.08$1,960
May 2018052265.382.90$1,514
Apr 2018037963.842.90$1,099
Mar 2018049961.222.79$1,391
Feb 2018042461.782.77$1,173
Jan 2018051262.874.01$2,053
Dec 20171048457.272.92$1,987
Nov 2017041755.423.12$1,300
Oct 2017037649.292.98$1,122
Sep 2017046847.523.09$1,445
Aug 2017051145.373.00$1,535
Jul 2017043043.873.09$1,328
Jun 2017039142.493.09$1,207
May 20171138345.373.26$1,749
Apr 2017045247.933.21$1,452
Mar 2017848346.772.98$1,815
Feb 2017045950.452.95$1,355
Jan 2017053749.413.42$1,836
Dec 2016050848.763.72$1,891
Nov 2016048242.492.64$1,275
Oct 2016046346.193.09$1,431
Sep 2016040241.553.10$1,246
Aug 2016057241.442.92$1,673
Jul 2016059641.622.92$1,743
Jun 20162263845.352.69$2,711
May 2016048542.521.99$966
Apr 2016060136.561.99$1,197
Mar 2016078033.011.79$1,399
Feb 2016073526.472.06$1,517
Jan 2016086427.352.36$2,043
Dec 2015094532.362.00$1,891
Nov 2015970138.792.17$1,868
Oct 2015080643.552.43$1,956
Sep 2015077642.992.76$2,141
Aug 2015070940.162.87$2,037
Jul 2015072948.152.95$2,147
Jun 2015074156.152.88$2,136
May 2015096055.212.96$2,837
Apr 2015053549.822.71$1,448
Mar 2015071642.892.93$2,101
Feb 20151138044.662.98$1,622
Jan 2015065943.433.10$2,043
Dec 2014068754.693.59$2,467
Nov 2014081570.464.25$3,465
Oct 2014092078.303.90$3,589
Sep 2014085686.164.05$3,463
Aug 2014085389.394.04$3,442
Jul 2014080196.564.18$3,348
Jun 2014073498.164.74$3,477
May 20141072094.734.73$4,350
Apr 2014086395.944.81$4,150
Mar 2014094895.895.06$4,794
Feb 2014097197.406.19$6,012
Jan 2014131,09090.404.86$6,473
Dec 201301,19091.824.35$5,182
Nov 2013151,03888.853.74$5,213
Oct 201301,13397.423.78$4,282
Sep 201301,092104.113.72$4,060
Aug 20130905104.253.52$3,188
Jul 20130926102.523.72$3,443
Jun 2013082894.403.93$3,257
May 20131584494.834.15$4,924
Apr 2013088993.964.28$3,807
Mar 2013098493.623.91$3,850
Feb 2013161,02991.233.42$4,979
Jan 201301,17991.603.42$4,032
Dec 201201,01686.773.42$3,475
Nov 2012141,06586.953.62$5,078
Oct 201201,12689.383.40$3,828
Sep 2012131,06494.672.92$4,336
Aug 201201,04192.662.91$3,027
Jul 2012151,19385.133.02$4,881
Jun 201201,31879.822.52$3,320
May 2012101,39791.612.49$4,392
Apr 201201,319101.652.00$2,634
Mar 201201,626105.052.22$3,613
Feb 20122490101.102.57$1,462
Jan 2012051898.092.73$1,416
Dec 2011433896.873.24$1,483
Nov 2011013395.723.31$440
Oct 2011013584.983.65$493
Sep 201109483.623.99$375
Aug 2011022183.404.15$917
Jul 2011030794.144.52$1,387
Jun 2011018892.904.64$872
May 2011022598.134.40$991
Apr 20110177105.964.33$767
Mar 2011018196.364.06$734
Feb 2011019885.644.18$828
Jan 2011725986.504.59$1,794
Dec 2010030085.734.35$1,304
Nov 2010031180.843.80$1,180
Oct 2010010278.103.51$358
Sep 2010016772.633.98$665
Aug 2010035173.684.42$1,551
Jul 2010036072.554.74$1,705
Jun 201005670.364.91$275
May 201004871.124.24$203
Apr 2010010481.694.12$429
Mar 2010012278.394.39$535
Feb 201002673.585.44$142
Jan 2010018274.365.96$1,085
Dec 2009036571.445.48$2,002
Nov 2009032774.593.75$1,227
Oct 2009035072.544.11$1,439
Sep 2009036365.543.06$1,113
Aug 2009036267.423.22$1,165
Jul 2009026261.133.46$908
Jun 2009024566.163.90$954
May 2009023754.743.93$930
Apr 2009024246.773.59$868
Mar 2009022842.144.06$925
Feb 2009011632.814.63$537
Jan 2009016535.865.37$886
Dec 2008030437.105.98$1,817
Nov 2008031055.496.86$2,127
Oct 2008032775.246.92$2,263
Sep 20080287101.767.88$2,261
Aug 20080367114.228.48$3,113
Jul 20080362131.0811.39$4,123
Jun 20080306131.3313.03$3,988
May 20080434123.1711.57$5,023
Apr 20080413110.3110.45$4,318
Mar 20080403101.909.66$3,895
Feb 2008130592.538.77$2,768
Jan 2008016690.388.21$1,362
Dec 2007212988.337.30$1,119
Nov 2007413191.677.29$1,322
Oct 20075215482.856.92$5,374
Sep 2007013675.846.24$849
Aug 2007014269.066.39$907
Jul 2007013570.906.39$862
Jun 20076515562.007.55$5,200
May 2007015058.747.85$1,177
Apr 2007015559.617.81$1,210
Mar 2007018056.927.30$1,314
Feb 2007016455.108.22$1,347
Jan 2007012750.306.73$854
Dec 20067120456.656.92$5,434
Nov 2006026454.207.62$2,011
Oct 2006040654.906.01$2,442
Sep 20066041160.085.04$5,675
Aug 2006042868.717.34$3,141
Jul 2006081769.376.34$5,182
Jun 20062782066.286.38$7,024
May 2006071666.016.42$4,600
Apr 2006035064.397.36$2,576
Mar 20062826356.707.08$3,450
Feb 2006023057.597.75$1,783
Jan 20066627360.598.93$6,438
Dec 2005031054.9413.42$4,159
Nov 2005032154.6910.59$3,399
Oct 20054342258.3413.80$8,330
Sep 2005033161.4512.08$3,998
Aug 2005032761.519.80$3,204
Jul 20055127955.697.84$5,029
Jun 2005033352.337.38$2,458
May 2005035045.226.65$2,328
Apr 20053635049.207.36$4,347
Mar 2005037850.377.15$2,705
Feb 20051048645.226.31$3,520
Jan 2005051743.166.32$3,269
Dec 2004913439.866.75$1,263
Nov 2004069745.286.33$4,412
Oct 20041051749.706.52$3,865
Sep 2004053043.245.28$2,800
Aug 2004052342.375.55$2,903
Jul 2004958238.286.08$3,886
Jun 2004060736.106.43$3,905
May 2004963037.486.49$4,429
Apr 20041061734.475.86$3,959
Mar 2004061434.365.53$3,396
Feb 20041353332.455.51$3,358
Jan 20041451932.036.30$3,718
Dec 20031153930.266.30$3,729
Nov 20031156728.804.60$2,922
Oct 2003912628.174.76$853
Sep 2003948426.314.75$2,535
Aug 2003051929.765.13$2,662
Jul 2003865229.415.17$3,607
Jun 20031070328.565.98$4,492
May 20031070426.595.97$4,471
Apr 2003972326.675.41$4,149
Mar 2003977231.146.10$4,986
Feb 2003969733.487.93$5,826
Jan 2003975730.315.58$4,498
Dec 2002872226.914.85$3,720
Nov 2002774524.664.14$3,255
Oct 2002675626.464.23$3,356
Sep 2002669727.443.64$2,698
Aug 2002769025.963.16$2,365
Jul 2002686824.583.06$2,805
Jun 2002698723.733.34$3,437
May 2002095724.663.58$3,430
Apr 2002359423.653.51$2,157
Mar 20021080522.003.10$2,718
Feb 2002769718.222.38$1,783
Jan 2002111,01217.172.38$2,593
Dec 2001091816.932.36$2,171
Nov 20012277218.072.41$2,255
Oct 20012180019.782.53$2,438
Sep 2001074824.262.25$1,684
Aug 20011274024.873.05$2,558
Jul 20011264923.933.20$2,362
Jun 2001066324.563.82$2,535
May 2001950425.524.31$2,401
Apr 20012169624.685.34$4,232
Mar 2001078524.545.38$4,221
Feb 2001048827.755.77$2,814
Jan 2001089327.478.40$7,500
Dec 2000072026.889.12$6,568
Nov 2000062732.215.66$3,548
Oct 2000073631.235.15$3,787
Sep 2000064931.875.19$3,366
Aug 2000091929.644.54$4,173
Jul 2000091728.534.09$3,750
Jun 2000040129.304.40$1,763
May 2000024227.263.68$891
Apr 2000017324.513.12$539
Mar 2000022428.422.86$641
Feb 2000022027.622.73$600
Jan 2000038825.272.48$962
Dec 1999082924.282.42$2,009
Nov 1999037923.192.43$922
Oct 1999028220.982.80$791
Sep 1999031321.752.62$820
Aug 1999041719.262.88$1,199
Jul 1999046617.892.37$1,106
Jun 1999054215.942.36$1,280
May 1999048015.792.32$1,114
Apr 1999045115.102.21$996
Mar 1999040212.471.84$739
Feb 199905279.981.82$958
Jan 1999099210.381.90$1,885
Dec 199805689.201.77$1,007
Nov 1998072610.892.19$1,587
Oct 1998283412.421.97$1,667
Sep 1998590412.592.08$1,946
Aug 1998084511.301.91$1,612
Jul 199801,10711.742.24$2,477
Jun 1998045611.242.24$1,020
May 1998097612.622.21$2,153
Apr 1998296613.042.51$2,446
Mar 199801,23612.802.31$2,854
Feb 1998061113.952.30$1,405
Jan 1998289414.702.15$1,956
Dec 199701,00816.322.41$2,430
Nov 1997092918.193.09$2,869
Oct 19971390019.253.15$3,085
Sep 199701,26717.742.95$3,744
Aug 1997181,63717.862.55$4,504
Jul 199701,96617.582.25$4,417
Jun 1997161,85817.242.26$4,470
May 199701,68918.972.31$3,899
Apr 1997281,15317.882.08$2,902
Mar 199701,15418.951.94$2,238
Feb 1997291,21820.492.21$3,281
Jan 1997121,50323.483.54$5,602
Dec 1996171,53623.32$396
Nov 199651,30521.97$110
Oct 1996191,82923.31$443
Sep 1996111,75022.22$244
Aug 199681,89920.26$162
Jul 1996141,45519.55$274
Jun 1996162,36318.73$300
May 1996121,89519.43$233
Apr 1996111,67921.51$237
Mar 1996251,87719.38$485
Feb 1996201,72516.98$340
Jan 1996531,36517.07$905
Dec 1995761,36117.19$1,306
Nov 1995421,79016.00$672
Oct 1995201,43315.43$309
Sep 1995201,49216.18$324
Aug 1995141,84415.92$223
Jul 1995111,58315.24$168
Jun 1995151,77816.41$246
May 1995382,39817.56$667
Apr 1995192,16617.73$337
Mar 1995633,93116.44$1,036
Feb 1995391,74516.58$647
Jan 1995342,78215.92$541
Dec 1994492,52315.03$736
Nov 1994372,35315.90$588
Oct 1994413,83715.58$639
Sep 1994363,18115.29$550
Aug 1994645,14216.13$1,032
Jul 1994372,37017.56$650
Jun 1994273,16817.09$461
May 1994443,46815.88$699
Apr 1994693,08514.14$976
Mar 1994623,13812.46$773
Feb 19941173,54112.50$1,463
Jan 19941164,80112.66$1,469
Dec 1993175,16312.33$210
Nov 1993485,31514.49$696
Oct 1993414,77515.85$650
Sep 1993564,25015.03$842
Aug 1993394,34015.66$611
Jul 19935510,51215.46$850
Jun 1993638,79216.79$1,058
May 1993708,99617.68$1,238
Apr 199312010,15318.05$2,166
Mar 199312322,35118.14$2,231

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                  446 Mcf  × $  2.87 =     $1,280

────────────────────────────────────────────────────
Month total                                   $1,280

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/145019 is the state's own key, not one this site invented.