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 145648District 08Field 852803002 tax incentive programmesCondensateGasSaveExport
Value, all time
$471 k
Jun 1993 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
396
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 Gas111993-10-25129516
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
CondensateDisposition3,528 bbl$69,999
GasProduction293,504 Mcf$401,132
Total$471,132

191,694 Mcf of this lease's gas, across 43 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, -101.1228. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57699, -101.12279 · 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
7,600 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 7,600 ft.

Completions filed
Dec 1992
1 of 1 wells

1 well

42-43132576147,600 ftDec 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 (396)

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

396 months

May 202600106.413.05$0
Apr 202609298.932.87$264
Mar 202609089.753.15$283
Feb 202608363.503.75$311
Jan 202608459.138.00$672
Dec 202509756.664.41$428
Nov 202509558.593.93$373
Oct 2025010259.383.30$337
Sep 2025010062.743.08$308
Aug 2025010363.933.01$311
Jul 2025010466.743.32$345
Jun 202508566.483.13$266
May 202508960.553.23$288
Apr 202507762.363.54$273
Mar 2025010167.704.27$431
Feb 2025011370.884.34$491
Jan 2025011074.324.28$471
Dec 2024011168.993.12$346
Nov 2024010569.052.20$231
Oct 2024010471.372.28$237
Sep 202408769.612.36$206
Aug 202409175.632.06$188
Jul 202409179.932.15$195
Jun 202408578.082.63$224
May 202409378.812.20$204
Apr 2024012884.451.66$212
Mar 2024011380.301.55$175
Feb 2024010776.091.78$191
Jan 2024011673.023.30$383
Dec 2023011671.262.61$303
Nov 2023011577.892.81$323
Oct 2023011985.443.09$367
Sep 2023010489.042.74$284
Aug 202308380.522.67$222
Jul 202308574.852.64$225
Jun 202309668.962.26$217
May 2023011570.622.23$256
Apr 2023012578.122.24$280
Mar 2023014972.852.39$357
Feb 2023014075.112.47$345
Jan 2023015076.533.39$508
Dec 2022011376.415.73$647
Nov 2022010885.005.65$610
Oct 2022012887.185.86$751
Sep 2022011984.888.16$971
Aug 2022013794.529.13$1,250
Jul 20220124101.587.54$935
Jun 20220125115.097.98$997
May 20220106109.378.43$894
Apr 2022099104.226.84$677
Mar 20220103108.885.08$523
Feb 202209491.054.86$457
Jan 2022010481.844.54$472
Dec 2021010371.323.90$402
Nov 2021010077.435.24$524
Oct 202108779.795.71$497
Sep 202108169.865.35$433
Aug 202108566.024.22$359
Jul 202108770.783.98$346
Jun 202117869.493.38$333
May 202107663.483.02$229
Apr 202109860.362.76$270
Mar 2021010061.302.72$272
Feb 202108457.805.55$466
Jan 2021010950.412.81$306
Dec 2020010344.642.68$276
Nov 202009338.772.71$252
Oct 202007636.972.48$188
Sep 202007537.091.99$149
Aug 202006539.982.39$155
Jul 202005638.371.83$102
Jun 202006434.901.69$108
May 202007216.921.81$131
Apr 202007714.751.80$139
Mar 202008130.341.86$150
Feb 202008549.881.98$168
Jan 202008057.252.09$168
Dec 201907159.012.30$164
Nov 201907655.302.75$209
Oct 201908953.472.42$215
Sep 201908855.052.66$234
Aug 201928753.112.30$307
Jul 2019012456.272.46$305
Jun 201909552.782.49$237
May 201909658.482.74$263
Apr 201909062.632.75$248
Mar 201908656.803.06$263
Feb 201908050.852.79$223
Jan 2019010046.033.23$323
Dec 201809846.594.19$410
Nov 201809652.934.24$407
Oct 201809361.443.40$316
Sep 201809559.543.11$295
Aug 201809359.403.07$285
Jul 2018710565.142.93$764
Jun 2018012160.183.08$372
May 2018013465.382.90$389
Apr 2018015863.842.90$458
Mar 201809261.222.79$256
Feb 2018011861.782.77$326
Jan 2018016062.874.01$641
Dec 2017621957.272.92$983
Nov 2017021155.423.12$658
Oct 201709849.292.98$292
Sep 201708047.523.09$247
Aug 201708845.373.00$264
Jul 201708143.873.09$250
Jun 201708542.493.09$262
May 2017118445.373.26$773
Apr 201708947.933.21$286
Mar 201707546.772.98$224
Feb 2017011450.452.95$337
Jan 2017013349.413.42$455
Dec 2016012648.763.72$469
Nov 2016012042.492.64$317
Oct 2016011546.193.09$355
Sep 2016010041.553.10$310
Aug 2016014241.442.92$415
Jul 2016013641.622.92$398
Jun 2016013245.352.69$355
May 2016010342.521.99$205
Apr 2016010236.561.99$203
Mar 2016011633.011.79$208
Feb 2016010926.472.06$225
Jan 2016012427.352.36$293
Dec 2015012632.362.00$252
Nov 201529538.792.17$283
Oct 2015010943.552.43$265
Sep 201509942.992.76$273
Aug 201509540.162.87$273
Jul 201509748.152.95$286
Jun 201509456.152.88$271
May 2015012255.212.96$361
Apr 201509049.822.71$244
Mar 201508642.892.93$252
Feb 201567244.662.98$482
Jan 201508243.433.10$254
Dec 201408954.693.59$320
Nov 201409370.464.25$395
Oct 2014011378.303.90$441
Sep 2014010986.164.05$441
Aug 2014010789.394.04$432
Jul 2014010596.564.18$439
Jun 2014010598.164.74$497
May 2014712094.734.73$1,230
Apr 2014011295.944.81$539
Mar 2014011395.895.06$571
Feb 2014011397.406.19$700
Jan 201469890.404.86$1,019
Dec 2013010191.824.35$440
Nov 201369188.853.74$873
Oct 2013010897.423.78$408
Sep 20130104104.113.72$387
Aug 2013098104.253.52$345
Jul 20130143102.523.72$532
Jun 2013016994.403.93$665
May 2013414994.834.15$998
Apr 2013014293.964.28$608
Mar 2013013693.623.91$532
Feb 2013311591.233.42$667
Jan 2013013491.603.42$458
Dec 2012012386.773.42$421
Nov 2012314486.953.62$783
Oct 2012015289.383.40$517
Sep 2012214594.672.92$613
Aug 2012014692.662.91$425
Jul 2012216585.133.02$669
Jun 2012018179.822.52$456
May 2012119591.612.49$577
Apr 20120188101.652.00$375
Mar 20120180105.052.22$400
Feb 20120208101.102.57$535
Jan 2012022098.092.73$602
Dec 2011013696.873.24$441
Nov 201107895.723.31$258
Oct 201109684.983.65$350
Sep 201106783.623.99$267
Aug 2011020483.404.15$846
Jul 2011022094.144.52$994
Jun 2011012292.904.64$566
May 2011013098.134.40$573
Apr 20110102105.964.33$442
Mar 2011010596.364.06$426
Feb 201109085.644.18$376
Jan 201108886.504.59$404
Dec 201009385.734.35$404
Nov 2010012180.843.80$459
Oct 201003978.103.51$137
Sep 201005472.633.98$215
Aug 201008473.684.42$371
Jul 2010013672.554.74$644
Jun 2010014370.364.91$702
May 2010015871.124.24$669
Apr 2010012881.694.12$528
Mar 2010016278.394.39$711
Feb 2010014773.585.44$800
Jan 2010013574.365.96$805
Dec 2009012271.445.48$669
Nov 2009010974.593.75$409
Oct 2009111772.544.11$553
Sep 2009012165.543.06$371
Aug 2009012267.423.22$393
Jul 200909661.133.46$333
Jun 2009110366.163.90$467
May 2009010254.743.93$400
Apr 200909646.773.59$344
Mar 200917942.144.06$363
Feb 2009010032.814.63$463
Jan 2009013235.865.37$709
Dec 2008613537.105.98$1,030
Nov 2008013055.496.86$892
Oct 2008011075.246.92$761
Sep 20080120101.767.88$945
Aug 2008089114.228.48$755
Jul 20080130131.0811.39$1,481
Jun 20080218131.3313.03$2,841
May 20080156123.1711.57$1,806
Apr 20080110110.3110.45$1,150
Mar 20080214101.909.66$2,068
Feb 2008018792.538.77$1,640
Jan 2008010590.388.21$862
Dec 200708588.337.30$621
Nov 200709091.677.29$656
Oct 2007010682.856.92$734
Sep 2007010475.846.24$649
Aug 2007012669.066.39$805
Jul 2007011870.906.39$754
Jun 2007011762.007.55$883
May 2007010358.747.85$808
Apr 200709659.617.81$749
Mar 2007011656.927.30$847
Feb 2007010955.108.22$896
Jan 200708850.306.73$592
Dec 2006020456.656.92$1,411
Nov 2006020754.207.62$1,577
Oct 2006021254.906.01$1,275
Sep 2006021660.085.04$1,088
Aug 2006018368.717.34$1,343
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006014066.016.42$900
Apr 2006029264.397.36$2,149
Mar 2006030656.707.08$2,167
Feb 2006029257.597.75$2,263
Jan 2006032960.598.93$2,939
Dec 2005027854.9413.42$3,729
Nov 2005030054.6910.59$3,177
Oct 2005034558.3413.80$4,760
Sep 2005028961.4512.08$3,491
Aug 2005033661.519.80$3,292
Jul 2005138855.697.84$3,099
Jun 2005037652.337.38$2,775
May 2005041045.226.65$2,727
Apr 2005331849.207.36$2,488
Mar 2005436550.377.15$2,813
Feb 20051046145.226.31$3,362
Jan 2005049143.166.32$3,104
Dec 2004912839.866.75$1,223
Nov 2004066045.286.33$4,178
Oct 2004949149.706.52$3,646
Sep 2004050343.245.28$2,658
Aug 2004049642.375.55$2,753
Jul 2004855238.286.08$3,665
Jun 2004057536.106.43$3,699
May 2004859737.486.49$4,177
Apr 2004858434.475.86$3,697
Mar 2004058234.365.53$3,219
Feb 2004850532.455.51$3,042
Jan 20041149232.036.30$3,452
Dec 20031251230.266.30$3,590
Nov 20031253828.804.60$2,818
Oct 20031311928.174.76$933
Sep 20031445926.314.75$2,548
Aug 2003049229.765.13$2,524
Jul 20031559329.415.17$3,507
Jun 20031963828.565.98$4,360
May 20031964026.595.97$4,328
Apr 20031865126.675.41$4,000
Mar 20031869431.146.10$4,791
Feb 20031862733.487.93$5,572
Jan 20031868230.315.58$4,353
Dec 20021864926.914.85$3,634
Nov 20022066924.664.14$3,261
Oct 20022464926.464.23$3,380
Sep 20022359727.443.64$2,801
Aug 20022259125.963.16$2,441
Jul 20022174324.583.06$2,791
Jun 20022483023.733.34$3,340
May 2002080424.663.58$2,882
Apr 20021944523.653.51$2,012
Mar 20023360322.003.10$2,597
Feb 20021352318.222.38$1,479
Jan 200291,15217.172.38$2,891
Dec 200101,04516.932.36$2,471
Nov 2001993718.072.41$2,417
Oct 2001897219.782.53$2,616
Sep 2001085524.262.25$1,925
Aug 20011584524.873.05$2,953
Jul 20012790323.933.20$3,533
Jun 2001090224.563.82$3,449
May 20011963025.524.31$3,198
Apr 20011153624.685.34$3,131
Mar 20013446324.545.38$3,324
Feb 2001043827.755.77$2,526
Jan 2001748327.478.40$4,249
Dec 2000034726.889.12$3,166
Nov 20001045532.215.66$2,896
Oct 20001244231.235.15$2,649
Sep 2000946031.875.19$2,673
Aug 20001466729.644.54$3,444
Jul 20001151428.534.09$2,416
Jun 2000852029.304.40$2,521
May 2000635927.263.68$1,485
Apr 2000035424.513.12$1,103
Mar 20001142228.422.86$1,519
Feb 20002835527.622.73$1,741
Jan 2000059725.272.48$1,481
Dec 199951,29124.282.42$3,250
Nov 1999468223.192.43$1,753
Oct 1999059120.982.80$1,657
Sep 1999141121.752.62$1,098
Aug 1999039519.262.88$1,136
Jul 1999150317.892.37$1,211
Jun 1999262315.942.36$1,503
May 1999048215.792.32$1,119
Apr 19991545515.102.21$1,231
Mar 1999057912.471.84$1,064
Feb 199906449.981.82$1,171
Jan 1999096110.381.90$1,826
Dec 199805169.201.77$915
Nov 1998064410.892.19$1,408
Oct 1998565512.421.97$1,352
Sep 19981968412.592.08$1,664
Aug 1998095011.301.91$1,812
Jul 1998069211.742.24$1,548
Jun 1998048111.242.24$1,076
May 1998074412.622.21$1,642
Apr 199801,14713.042.51$2,874
Mar 199801,21212.802.31$2,799
Feb 199801,02213.952.30$2,350
Jan 199801,90414.702.15$4,103
Dec 199701,55016.322.41$3,737
Nov 1997096618.193.09$2,983
Oct 1997151,08119.253.15$3,694
Sep 1997078517.742.95$2,320
Aug 1997181,13317.862.55$3,216
Jul 199701,09017.582.25$2,449
Jun 1997241,16117.242.26$3,034
May 199701,38418.972.31$3,195
Apr 1997321,24317.882.08$3,161
Mar 199701,81818.951.94$3,525
Feb 1997401,36620.492.21$3,833
Jan 1997251,82623.483.54$7,050
Dec 19965095623.32$1,166
Nov 1996182,69121.97$395
Oct 1996882,76823.31$2,051
Sep 1996462,71222.22$1,022
Aug 1996492,99320.26$993
Jul 1996622,86119.55$1,212
Jun 1996313,18518.73$581
May 1996322,40119.43$622
Apr 1996362,95021.51$774
Mar 1996902,65619.38$1,744
Feb 1996432,61716.98$730
Jan 1996422,60617.07$717
Dec 1995361,88317.19$619
Nov 1995561,36616.00$896
Oct 1995291,82715.43$447
Sep 1995301,91616.18$485
Aug 1995231,31815.92$366
Jul 1995211,74915.24$320
Jun 1995172,41516.41$279
May 1995362,38017.56$632
Apr 1995233,83417.73$408
Mar 1995853,45516.44$1,397
Feb 1995503,54116.58$829
Jan 1995463,91815.92$732
Dec 1994683,33615.03$1,022
Nov 1994454,29415.90$716
Oct 1994393,07015.58$608
Sep 1994333,79315.29$505
Aug 1994616,42716.13$984
Jul 1994414,58617.56$720
Jun 1994323,49817.09$547
May 1994374,78115.88$588
Apr 1994975,36614.14$1,372
Mar 1994965,98512.46$1,196
Feb 19941228,14212.50$1,525
Jan 19941477,35212.66$1,861
Dec 19931818,59912.33$2,232
Nov 1993848,85414.49$1,217
Oct 19936812,15315.85$1,078
Sep 19939510,32915.03$1,428
Aug 1993996,50515.66$1,550
Jul 19939410,04815.46$1,453
Jun 19934613,57816.79$772

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                   92 Mcf  × $  2.87 =       $264

────────────────────────────────────────────────────
Month total                                     $264

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/145648 is the state's own key, not one this site invented.