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 281990District 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
CondensateDisposition1,376 bbl$91,057
GasProduction39,238 Mcf$133,113
Total$224,170

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 31.5667, -101.2095. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56670, -101.20954 · 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
8,300 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 8,300 ft.

Completions filed
Sep 1988
1 of 1 wells

1 well

42-4313195418,300 ftSep 1988

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 2026030963.503.75$1,159
Jan 202617133859.138.00$12,815
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 2025029962.363.54$1,059
Mar 2025033467.704.27$1,426
Feb 2025028670.884.34$1,241
Jan 2025032274.324.28$1,378
Dec 2024029368.993.12$915
Nov 2024027669.052.20$607
Oct 20249430771.372.28$7,409
Sep 2024031369.612.36$740
Aug 2024032075.632.06$660
Jul 2024032979.932.15$706
Jun 2024031678.082.63$832
May 2024033378.812.20$732
Apr 2024032884.451.66$544
Mar 20249234580.301.55$7,921
Feb 2024033076.091.78$589
Jan 2024035573.023.30$1,171
Dec 2023037271.262.61$971
Nov 20239234477.892.81$8,132
Oct 2023039285.443.09$1,210
Sep 2023071689.042.74$1,958
Aug 2023039180.522.67$1,045
Jul 2023041474.852.64$1,094
Jun 2023042568.962.26$960
May 2023051970.622.23$1,156
Apr 202308078.122.24$179
Mar 2023023472.852.39$560
Feb 2023020775.112.47$510
Jan 2023025376.533.39$857
Dec 2022027076.415.73$1,547
Nov 2022026585.005.65$1,496
Oct 2022029487.185.86$1,724
Sep 20229335984.888.16$10,825
Aug 2022038394.529.13$3,496
Jul 20220395101.587.54$2,979
Jun 20220346115.097.98$2,760
May 20220379109.378.43$3,196
Apr 20220374104.226.84$2,557
Mar 202294397108.885.08$12,250
Feb 2022036891.054.86$1,788
Jan 2022040881.844.54$1,851
Dec 2021041771.323.90$1,626
Nov 2021043977.435.24$2,299
Oct 20219345179.795.71$9,997
Sep 2021032169.865.35$1,718
Aug 2021031066.024.22$1,308
Jul 2021031370.783.98$1,246
Jun 2021030469.493.38$1,028
May 2021030663.483.02$923
Apr 2021030560.362.76$841
Mar 2021031961.302.72$867
Feb 2021029057.805.55$1,609
Jan 2021029950.412.81$840
Dec 2020032444.642.68$867
Nov 2020031838.772.71$861
Oct 2020033236.972.48$823
Sep 2020034837.091.99$693
Aug 20209229239.982.39$4,375
Jul 2020032738.371.83$597
Jun 2020032934.901.69$556
May 2020034616.921.81$628
Apr 2020033514.751.80$604
Mar 2020038030.341.86$705
Feb 2020038049.881.98$753
Jan 2020038857.252.09$813
Dec 2019040759.012.30$938
Nov 20199239155.302.75$6,163
Oct 2019040953.472.42$989
Sep 2019032555.052.66$864
Aug 2019034253.112.30$788
Jul 2019036256.272.46$891
Jun 2019034552.782.49$859
May 2019036658.482.74$1,003
Apr 20199335962.632.75$6,812
Mar 2019036156.803.06$1,105
Feb 2019033550.852.79$935
Jan 2019036346.033.23$1,172
Dec 2018025346.594.19$1,059
Nov 2018023152.934.24$979
Oct 20186224361.443.40$4,635
Sep 2018022259.543.11$690
Aug 2018022159.403.07$678
Jul 2018026265.142.93$768
Jun 2018025560.183.08$785
May 2018025565.382.90$740
Apr 20186324463.842.90$4,730
Mar 2018025961.222.79$722
Feb 2018023361.782.77$645
Jan 2018024962.874.01$998
Dec 2017026657.272.92$777
Nov 20176123955.423.12$4,126
Oct 2017026749.292.98$797
Sep 2017025347.523.09$781
Aug 2017026445.373.00$793
Jul 2017026843.873.09$827
Jun 2017026342.493.09$812
May 2017027045.373.26$881
Apr 20176226447.933.21$3,820
Mar 2017026646.772.98$794
Feb 2017024750.452.95$729
Jan 2017027049.413.42$923
Dec 2016027148.763.72$1,009
Nov 20166026942.492.64$3,261
Oct 2016027546.193.09$850
Sep 2016028041.553.10$868
Aug 2016029741.442.92$869
Jul 2016029941.622.92$874
Jun 20166227845.352.69$3,558
May 2016027742.521.99$552
Apr 2016027936.561.99$556
Mar 2016028033.011.79$502

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/281990 is the state's own key, not one this site invented.