FERGUSON -18-

Operated by TREK RESOURCES, INC. (P-5 867578) 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 281988District 08Field 85280300CondensateGasSaveExport
Value, all time
$224 k
Mar 2016 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
123
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.

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
CondensateDisposition1,378 bbl$91,112
GasProduction39,191 Mcf$132,958
Total$224,070

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 31.5696, -101.2096. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56964, -101.20960 · 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
8,280 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 8,280 ft.

Completions filed
Sep 2005
1 of 1 wells

1 well

42-4313314638,280 ftSep 2005

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 (123)

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

123 months

May 20260277106.413.05$844
Apr 2026031798.932.87$910
Mar 2026033389.753.15$1,049
Feb 2026030863.503.75$1,155
Jan 202617133759.138.00$12,807
Dec 2025033156.664.41$1,461
Nov 2025033458.593.93$1,311
Oct 2025032159.383.30$1,061
Sep 2025029962.743.08$920
Aug 2025032263.933.01$971
Jul 2025032566.743.32$1,077
Jun 2025033366.483.13$1,042
May 2025032160.553.23$1,038
Apr 2025029862.363.54$1,056
Mar 2025033467.704.27$1,426
Feb 2025028670.884.34$1,241
Jan 2025032174.324.28$1,373
Dec 2024029268.993.12$911
Nov 2024027669.052.20$607
Oct 20249330671.372.28$7,336
Sep 2024031369.612.36$740
Aug 2024032075.632.06$660
Jul 2024032879.932.15$704
Jun 2024031578.082.63$830
May 2024033378.812.20$732
Apr 2024032884.451.66$544
Mar 20249134580.301.55$7,840
Feb 2024032976.091.78$587
Jan 2024035473.023.30$1,167
Dec 2023037171.262.61$969
Nov 20239234377.892.81$8,129
Oct 2023039385.443.09$1,213
Sep 2023071689.042.74$1,958
Aug 2023039080.522.67$1,042
Jul 2023041374.852.64$1,091
Jun 2023042468.962.26$958
May 2023051970.622.23$1,156
Apr 202308078.122.24$179
Mar 2023023472.852.39$560
Feb 2023020675.112.47$508
Jan 2023025376.533.39$857
Dec 2022027076.415.73$1,547
Nov 2022026485.005.65$1,491
Oct 2022029387.185.86$1,718
Sep 20229335984.888.16$10,825
Aug 2022038394.529.13$3,496
Jul 20220395101.587.54$2,979
Jun 20220345115.097.98$2,752
May 20220379109.378.43$3,196
Apr 20220373104.226.84$2,550
Mar 202295396108.885.08$12,354
Feb 2022036791.054.86$1,783
Jan 2022040781.844.54$1,847
Dec 2021041771.323.90$1,626
Nov 2021043877.435.24$2,294
Oct 20219345279.795.71$10,003
Sep 2021032269.865.35$1,723
Aug 2021030966.024.22$1,304
Jul 2021031370.783.98$1,246
Jun 2021030469.493.38$1,028
May 2021030563.483.02$920
Apr 2021030460.362.76$839
Mar 2021031861.302.72$864
Feb 2021029057.805.55$1,609
Jan 2021029850.412.81$837
Dec 2020032344.642.68$864
Nov 2020031738.772.71$858
Oct 2020033236.972.48$823
Sep 2020034737.091.99$691
Aug 20209129139.982.39$4,332
Jul 2020032638.371.83$595
Jun 2020032834.901.69$554
May 2020034516.921.81$626
Apr 2020033514.751.80$604
Mar 2020037930.341.86$704
Feb 2020038049.881.98$753
Jan 2020038857.252.09$813
Dec 2019040659.012.30$936
Nov 20199239155.302.75$6,163
Oct 2019040853.472.42$987
Sep 2019032455.052.66$861
Aug 2019034253.112.30$788
Jul 2019036256.272.46$891
Jun 2019034452.782.49$857
May 2019036558.482.74$1,000
Apr 20199235862.632.75$6,747
Mar 2019036056.803.06$1,102
Feb 2019033550.852.79$935
Jan 2019036246.033.23$1,169
Dec 2018025346.594.19$1,059
Nov 2018023052.934.24$975
Oct 20186124361.443.40$4,574
Sep 2018022259.543.11$690
Aug 2018022159.403.07$678
Jul 2018026165.142.93$765
Jun 2018025460.183.08$782
May 2018025465.382.90$737
Apr 20186224363.842.90$4,663
Mar 2018025861.222.79$719
Feb 2018023361.782.77$645
Jan 2018024962.874.01$998
Dec 2017026557.272.92$774
Nov 20176223855.423.12$4,178
Oct 2017026649.292.98$794
Sep 2017025247.523.09$778
Aug 2017026345.373.00$790
Jul 2017026743.873.09$824
Jun 2017026342.493.09$812
May 2017026945.373.26$878
Apr 20176326447.933.21$3,867
Mar 2017026646.772.98$794
Feb 2017024750.452.95$729
Jan 2017027049.413.42$923
Dec 2016127248.763.72$1,061
Nov 20166126942.492.64$3,303
Oct 2016027646.193.09$853
Sep 2016028141.553.10$871
Aug 2016029841.442.92$871
Jul 2016030041.622.92$877
Jun 20166327945.352.69$3,606
May 2016227842.521.99$639
Apr 2016027936.561.99$556
Mar 2016028133.011.79$504

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  277 Mcf  × $  3.05 =       $844

────────────────────────────────────────────────────
Month total                                     $844

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/281988 is the state's own key, not one this site invented.