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 145649District 08Field 852803002 tax incentive programmesCondensateGasSaveExport
Value, all time
$637 k
Jun 1993 – May 2026
Value, last 12 filed months
$15 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 Gas111993-11-24129517
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
CondensateDisposition2,703 bbl$74,771
GasProduction319,839 Mcf$561,937
Total$636,708

174,997 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 31.5689, -101.1235. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56888, -101.12351 · 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
7,650 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 7,650 ft.

Completions filed
Jan 1993
1 of 1 wells

1 well

42-43132561167,650 ftJan 1993

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 2026036098.932.87$1,033
Mar 2026035289.753.15$1,109
Feb 2026032463.503.75$1,215
Jan 2026032659.138.00$2,607
Dec 2025037756.664.41$1,664
Nov 2025037058.593.93$1,453
Oct 2025039659.383.30$1,309
Sep 2025038762.743.08$1,191
Aug 2025040163.933.01$1,209
Jul 2025040666.743.32$1,346
Jun 2025033366.483.13$1,042
May 2025034560.553.23$1,115
Apr 2025030062.363.54$1,063
Mar 2025039467.704.27$1,682
Feb 2025043870.884.34$1,901
Jan 2025042974.324.28$1,836
Dec 2024043368.993.12$1,352
Nov 2024040969.052.20$899
Oct 2024040371.372.28$919
Sep 2024033969.612.36$802
Aug 2024035475.632.06$731
Jul 2024035479.932.15$760
Jun 2024033378.082.63$877
May 2024036378.812.20$798
Apr 2024050084.451.66$830
Mar 2024044080.301.55$680
Feb 2024041876.091.78$746
Jan 2024045273.023.30$1,491
Dec 2023045271.262.61$1,180
Nov 2023044777.892.81$1,255
Oct 2023046185.443.09$1,423
Sep 2023040389.042.74$1,102
Aug 2023032580.522.67$869
Jul 2023033174.852.64$874
Jun 2023036868.962.26$831
May 2023044970.622.23$1,000
Apr 2023048778.122.24$1,090
Mar 2023058072.852.39$1,388
Feb 2023052075.112.47$1,282
Jan 2023058476.533.39$1,978
Dec 2022040876.415.73$2,337
Nov 2022039085.005.65$2,202
Oct 2022046987.185.86$2,750
Sep 2022046284.888.16$3,772
Aug 2022053594.529.13$4,883
Jul 20220484101.587.54$3,650
Jun 20220495115.097.98$3,949
May 20220459109.378.43$3,871
Apr 20220446104.226.84$3,050
Mar 20220480108.885.08$2,437
Feb 2022029191.054.86$1,414
Jan 2022031481.844.54$1,425
Dec 2021030871.323.90$1,201
Nov 2021030177.435.24$1,576
Oct 2021026179.795.71$1,491
Sep 2021024569.865.35$1,311
Aug 2021024866.024.22$1,047
Jul 2021026170.783.98$1,039
Jun 20212423469.493.38$2,459
May 2021022363.483.02$673
Apr 2021927160.362.76$1,291
Mar 2021027661.302.72$750
Feb 2021023057.805.55$1,276
Jan 2021030950.412.81$868
Dec 2020037744.642.68$1,009
Nov 2020039438.772.71$1,066
Oct 2020038136.972.48$944
Sep 2020039637.091.99$788
Aug 2020032639.982.39$778
Jul 2020037138.371.83$677
Jun 2020045434.901.69$767
May 2020043116.921.81$782
Apr 2020019214.751.80$346
Mar 2020020330.341.86$377
Feb 2020021349.881.98$422
Jan 2020020757.252.09$434
Dec 2019019459.012.30$447
Nov 2019021355.302.75$586
Oct 2019023853.472.42$576
Sep 2019024955.052.66$662
Aug 2019125353.112.30$636
Jul 2019030056.272.46$738
Jun 2019029652.782.49$737
May 2019029958.482.74$819
Apr 2019029462.632.75$809
Mar 2019031456.803.06$962
Feb 2019028250.852.79$787
Jan 2019032046.033.23$1,033
Dec 2018031346.594.19$1,310
Nov 2018030852.934.24$1,305
Oct 2018027661.443.40$938
Sep 2018028059.543.11$870
Aug 2018026959.403.07$825
Jul 2018431465.142.93$1,181
Jun 2018030560.183.08$938
May 2018033365.382.90$966
Apr 2018039363.842.90$1,140
Mar 2018025661.222.79$713
Feb 2018015961.782.77$440
Jan 2018021362.874.01$854
Dec 2017620757.272.92$948
Nov 2017012255.423.12$380
Oct 201708149.292.98$242
Sep 201709447.523.09$290
Aug 2017010245.373.00$306
Jul 201709443.873.09$290
Jun 2017010042.493.09$309
May 2017119845.373.26$819
Apr 2017010147.933.21$324
Mar 2017010546.772.98$313
Feb 2017010050.452.95$295
Jan 2017011749.413.42$400
Dec 2016011148.763.72$413
Nov 2016010542.492.64$278
Oct 2016010146.193.09$312
Sep 201608841.553.10$273
Aug 2016012541.442.92$366
Jul 2016013641.622.92$398
Jun 2016014145.352.69$379
May 2016010242.521.99$203
Apr 2016010036.561.99$199
Mar 2016011133.011.79$199
Feb 2016010926.472.06$225
Jan 2016012427.352.36$293
Dec 2015014232.362.00$284
Nov 2015210638.792.17$307
Oct 2015011043.552.43$267
Sep 2015010642.992.76$292
Aug 201509540.162.87$273
Jul 201509848.152.95$289
Jun 201509956.152.88$285
May 2015012855.212.96$378
Apr 201509749.822.71$263
Mar 201509542.892.93$279
Feb 201577544.662.98$536
Jan 201508943.433.10$276
Dec 201409254.693.59$330
Nov 2014011170.464.25$472
Oct 2014013778.303.90$534
Sep 2014013286.164.05$534
Aug 2014013089.394.04$525
Jul 2014013496.564.18$560
Jun 2014013498.164.74$635
May 2014711894.734.73$1,221
Apr 2014013495.944.81$644
Mar 2014014595.895.06$733
Feb 2014013797.406.19$848
Jan 2014713590.404.86$1,289
Dec 2013014291.824.35$618
Nov 2013713488.853.74$1,123
Oct 2013016897.423.78$635
Sep 20130165104.113.72$613
Aug 20130149104.253.52$525
Jul 20130182102.523.72$677
Jun 2013020594.403.93$806
May 2013718594.834.15$1,431
Apr 2013018193.964.28$775
Mar 2013020493.623.91$798
Feb 2013622491.233.42$1,313
Jan 2013023191.603.42$790
Dec 2012021986.773.42$749
Nov 2012625986.953.62$1,461
Oct 2012025789.383.40$874
Sep 2012418494.672.92$916
Aug 2012017892.662.91$518
Jul 2012320085.133.02$860
Jun 2012022279.822.52$559
May 2012224791.612.49$798
Apr 20120240101.652.00$479
Mar 20120300105.052.22$667
Feb 20123360101.102.57$1,229
Jan 2012038198.092.73$1,042
Dec 2011744796.873.24$2,126
Nov 2011055095.723.31$1,821
Oct 2011064884.983.65$2,364
Sep 2011045183.623.99$1,798
Aug 2011044783.404.15$1,855
Jul 2011038494.144.52$1,735
Jun 2011024092.904.64$1,114
May 2011026398.134.40$1,158
Apr 20110207105.964.33$897
Mar 2011021296.364.06$860
Feb 2011023085.644.18$961
Jan 2011924286.504.59$1,889
Dec 2010025185.734.35$1,091
Nov 2010032380.843.80$1,226
Oct 2010010678.103.51$372
Sep 2010014772.633.98$585
Aug 20104022873.684.42$3,955
Jul 2010030872.554.74$1,459
Jun 2010014670.364.91$717
May 20104510771.124.24$3,654
Apr 2010582981.694.12$4,858
Mar 2010016578.394.39$724
Feb 2010015073.585.44$816
Jan 2010021174.365.96$1,258
Dec 2009021271.445.48$1,163
Nov 2009019074.593.75$713
Oct 20094720372.544.11$4,244
Sep 2009021065.543.06$644
Aug 2009023467.423.22$753
Jul 2009022561.133.46$780
Jun 20092523166.163.90$2,554
May 2009022954.743.93$899
Apr 2009024646.773.59$883
Mar 20091522842.144.06$1,558
Feb 2009029232.814.63$1,353
Jan 2009029635.865.37$1,590
Dec 2008927037.105.98$1,948
Nov 2008022655.496.86$1,550
Oct 2008124775.246.92$1,785
Sep 20080329101.767.88$2,592
Aug 20080316114.228.48$2,681
Jul 20080268131.0811.39$3,052
Jun 20080246131.3313.03$3,206
May 20080289123.1711.57$3,345
Apr 20080229110.3110.45$2,394
Mar 20080282101.909.66$2,725
Feb 2008031492.538.77$2,754
Jan 2008026590.388.21$2,175
Dec 200708888.337.30$643
Nov 200707591.677.29$547
Oct 200708582.856.92$588
Sep 200708075.846.24$500
Aug 200708469.066.39$537
Jul 200707770.906.39$492
Jun 200709462.007.55$710
May 200709858.747.85$769
Apr 2007010359.617.81$804
Mar 2007012156.927.30$884
Feb 2007010955.108.22$896
Jan 200708850.306.73$592
Dec 2006014256.656.92$982
Nov 2006015954.207.62$1,211
Oct 2006017454.906.01$1,046
Sep 2006018160.085.04$912
Aug 2006024268.717.34$1,776
Jul 2006057669.376.34$3,653
Jun 2006045566.286.38$2,905
May 2006033966.016.42$2,178
Apr 2006033464.397.36$2,458
Mar 2006033556.707.08$2,373
Feb 2006029257.597.75$2,263
Jan 2006033260.598.93$2,966
Dec 2005031154.9413.42$4,172
Nov 2005134254.6910.59$3,676
Oct 2005034058.3413.80$4,691
Sep 2005033961.4512.08$4,095
Aug 2005036761.519.80$3,595
Jul 2005233255.697.84$2,715
Jun 2005030552.337.38$2,251
May 2005031945.226.65$2,122
Apr 2005927949.207.36$2,496
Mar 2005034550.377.15$2,468
Feb 20051048645.226.31$3,520
Jan 2005051943.166.32$3,281
Dec 20041013539.866.75$1,310
Nov 2004069845.286.33$4,419
Oct 20041151749.706.52$3,915
Sep 2004053243.245.28$2,811
Aug 2004052442.375.55$2,909
Jul 20041058338.286.08$3,930
Jun 2004060636.106.43$3,898
May 20041263037.486.49$4,541
Apr 20041261734.475.86$4,028
Mar 2004061534.365.53$3,401
Feb 20041353232.455.51$3,353
Jan 20041451932.036.30$3,718
Dec 20031453930.266.30$3,820
Nov 20031356728.804.60$2,980
Oct 20031312628.174.76$966
Sep 20031348326.314.75$2,636
Aug 2003051929.765.13$2,662
Jul 2003665229.415.17$3,548
Jun 2003870228.565.98$4,429
May 2003870426.595.97$4,417
Apr 2003870226.675.41$4,009
Mar 2003874931.146.10$4,815
Feb 2003867733.487.93$5,634
Jan 2003873630.315.58$4,351
Dec 2002861426.914.85$3,195
Nov 20021063324.664.14$2,865
Oct 20021261926.464.23$2,935
Sep 20021257027.443.64$2,401
Aug 20021156525.963.16$2,073
Jul 20021171124.583.06$2,447
Jun 20021286923.733.34$3,186
May 2002084324.663.58$3,021
Apr 20021156423.653.51$2,241
Mar 20022276522.003.10$2,858
Feb 20021066218.222.38$1,755
Jan 20021081317.172.38$2,103
Dec 2001073916.932.36$1,747
Nov 2001965918.072.41$1,748
Oct 2001868219.782.53$1,883
Sep 2001056424.262.25$1,270
Aug 20011268824.873.05$2,399
Jul 2001962123.933.20$2,201
Jun 2001058424.563.82$2,233
May 2001746125.524.31$2,164
Apr 20012640824.685.34$2,818
Mar 200110347024.545.38$5,055
Feb 2001043827.755.77$2,526
Jan 20012150827.478.40$4,843
Dec 2000055726.889.12$5,081
Nov 20004439832.215.66$3,669
Oct 20006053331.235.15$4,616
Sep 20007467231.875.19$5,844
Aug 20003082529.644.54$4,635
Jul 20001254928.534.09$2,588
Jun 20001658829.304.40$3,054
May 20001434027.263.68$1,633
Apr 2000030124.513.12$938
Mar 2000750428.422.86$1,640
Feb 2000239627.622.73$1,135
Jan 2000031225.272.48$774
Dec 199911,24924.282.42$3,052
Nov 1999194423.192.43$2,321
Oct 1999071320.982.80$1,999
Sep 1999171921.752.62$1,905
Aug 1999058419.262.88$1,679
Jul 1999164217.892.37$1,541
Jun 1999065215.942.36$1,540
May 1999088615.792.32$2,056
Apr 1999082215.102.21$1,815
Mar 1999053512.471.84$984
Feb 199904959.981.82$900
Jan 1999090710.381.90$1,723
Dec 199804929.201.77$872
Nov 1998053810.892.19$1,176
Oct 1998073012.421.97$1,438
Sep 1998076612.592.08$1,595
Aug 199801,06811.301.91$2,037
Jul 1998084211.742.24$1,884
Jun 1998189511.242.24$2,014
May 199801,06112.622.21$2,341
Apr 199821,37613.042.51$3,473
Mar 199801,13412.802.31$2,619
Feb 1998094313.952.30$2,168
Jan 199801,05014.702.15$2,263
Dec 199701,22916.322.41$2,963
Nov 199701,13418.193.09$3,502
Oct 199751,03519.253.15$3,356
Sep 1997071217.742.95$2,104
Aug 1997151,74517.862.55$4,726
Jul 199701,84817.582.25$4,152
Jun 1997122,35117.242.26$5,514
May 199702,81918.972.31$6,508
Apr 1997252,46017.882.08$5,571
Mar 199702,84918.951.94$5,525
Feb 1997282,26720.492.21$5,575
Jan 1997172,31623.483.54$8,597
Dec 1996232,39123.32$536
Nov 199651,35921.97$110
Oct 1996202,40823.31$466
Sep 1996112,59822.22$244
Aug 1996141,92920.26$284
Jul 1996112,77219.55$215
Jun 1996132,69818.73$243
May 1996172,57919.43$330
Apr 1996152,54821.51$323
Mar 1996263,00419.38$504
Feb 1996152,49116.98$255
Jan 1996332,19917.07$563
Dec 1995202,38017.19$344
Nov 1995372,45816.00$592
Oct 1995163,61915.43$247
Sep 199532,97816.18$49
Aug 199512,37915.92$16
Jul 1995213,77015.24$320
Jun 1995143,47016.41$230
May 1995263,58417.56$457
Apr 1995173,09217.73$301
Mar 1995573,89616.44$937
Feb 1995343,38716.58$564
Jan 1995334,89415.92$525
Dec 1994354,29015.03$526
Nov 1994264,96515.90$413
Oct 1994284,90415.58$436
Sep 1994184,90415.29$275
Aug 1994344,30916.13$548
Jul 1994114,28917.56$193
Jun 199483,38117.09$137
May 1994324,98115.88$508
Apr 1994395,99014.14$551
Mar 1994435,78612.46$536
Feb 19941183,89812.50$1,475
Jan 1994764,57812.66$962
Dec 1993115,41212.33$136
Nov 1993445,30814.49$638
Oct 1993898,65615.85$1,411
Sep 1993736,08715.03$1,097
Aug 1993844,84115.66$1,315
Jul 1993889,24815.46$1,360
Jun 19938910,28716.79$1,494

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                  360 Mcf  × $  2.87 =     $1,033

────────────────────────────────────────────────────
Month total                                   $1,033

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/145649 is the state's own key, not one this site invented.