FERGUSON BROTHERS -34-

Name: FERGUSON BROTHERS -34- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHEVRON MIDCONTINENT, L.P. (P-5 147862) in the SUGG RANCH (CANYON DIST 08) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31869District 08Field 87018550NGPA filingOilCasinghead gasSave Export

Value, all time

$1.5 M

Jan 1993 – Apr 2006

Value, last 12 filed months

$107 k

at the published price for each month

Months reported

160

no gaps in the span

Streams

oil, casinghead gas

The SUGG RANCH (CANYON DIST 08) field

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 55 leases and 406 wells, and the rule below applies to all of them.

Discovered

1987-05-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1991-11-04.

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	11	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	27,458 bbl	$496,688
Casinghead gas	Production	1,412,366 Mcf	$1,052,384
Total			$1,549,071

1,133,956 Mcf of this lease's gas, across 48 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 (16)

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 31.5743, -101.1298. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.57420, -101.12955 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

16 of 16 wells

With a plug date

6.3%

1 of 16 wells

Median depth

7,743 ft

16 wells filed one

Completion to plug

3.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

16100.0%

A plug date is filed

16.3%

BothOn the schedule and plugged. Neither fact cancels the other.

16.3%

NeitherNo plug date, and not on the schedule.

00.0%

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

Total depth in feet, 16 of 16 wells. Median 7,743 ft, with the middle half between 7,677 and 7,800 ft; the shallowest is 7,600 ft and the deepest 7,900 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 16 of 16 wells, Mar 1988 – Sep 2009. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Mar 1988 – Sep 2009

16 of 16 wells

Plug dates filed

Apr 2013

1 of 16 wells; 15 filed none

Last completion to plug: a median of 3.6 years across the 1 well that filed both dates, with the middle half between 3.6 years and 3.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

16 wells


42-43132575	15	7,800 ft	Sep 2009	Apr 2013	Yes
42-43131940	2	7,800 ft	Jul 2007	—	Yes
42-43132560	12	7,795 ft	Jan 1993	—	Yes
42-43132561	16	7,650 ft	Jan 1993	—	Yes
42-43132567	11	7,750 ft	Dec 1992	—	Yes
42-43132576	14	7,600 ft	Dec 1992	—	Yes
42-43132572	10	7,753 ft	Nov 1992	—	Yes
42-43132559	13	7,668 ft	Nov 1992	—	Yes
42-43132479	9	7,735 ft	Oct 1992	—	Yes
42-43132413	8	7,680 ft	Jul 1992	—	Yes
42-43132396	7	7,700 ft	Jul 1992	—	Yes
42-43132125	6	7,900 ft	Jul 1990	—	Yes
42-43132116	5	7,825 ft	Jul 1990	—	Yes
42-43131969	4	7,700 ft	Feb 1989	—	Yes
42-43131957	3	7,650 ft	Oct 1988	—	Yes
42-43131916	1	7,800 ft	Mar 1988	—	Yes

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 (160)

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

160 months


Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	1	1,279	54.94	13.42	$17,213
Nov 2005	0	1,246	54.69	10.59	$13,193
Oct 2005	6	1,320	58.34	13.80	$18,560
Sep 2005	0	1,124	61.45	12.08	$13,577
Aug 2005	0	1,383	61.51	9.80	$13,549
Jul 2005	20	1,445	55.69	7.84	$12,448
Jun 2005	0	1,367	52.33	7.38	$10,090
May 2005	0	1,312	45.22	6.65	$8,726
Apr 2005	26	1,236	49.20	7.36	$10,377
Mar 2005	16	1,331	50.37	7.15	$10,329
Feb 2005	57	1,893	45.22	6.31	$14,526
Jan 2005	0	2,018	43.16	6.32	$12,758
Dec 2004	54	525	39.86	6.75	$5,697
Nov 2004	0	2,717	45.28	6.33	$17,200
Oct 2004	51	2,011	49.70	6.52	$15,637
Sep 2004	0	2,069	43.24	5.28	$10,932
Aug 2004	0	2,040	42.37	5.55	$11,323
Jul 2004	44	2,266	38.28	6.08	$15,471
Jun 2004	0	2,361	36.10	6.43	$15,188
May 2004	36	2,453	37.48	6.49	$17,280
Apr 2004	37	2,403	34.47	5.86	$15,353
Mar 2004	0	2,394	34.36	5.53	$13,239
Feb 2004	33	2,072	32.45	5.51	$12,487
Jan 2004	27	2,022	32.03	6.30	$13,603
Dec 2003	33	2,101	30.26	6.30	$14,238
Nov 2003	33	2,211	28.80	4.60	$11,110
Oct 2003	36	2,317	28.17	4.76	$12,042
Sep 2003	37	1,881	26.31	4.75	$9,907
Aug 2003	0	2,022	29.76	5.13	$10,372
Jul 2003	25	2,164	29.41	5.17	$11,925
Jun 2003	32	2,330	28.56	5.98	$14,854
May 2003	32	2,340	26.59	5.97	$14,827
Apr 2003	30	2,385	26.67	5.41	$13,696
Mar 2003	31	2,543	31.14	6.10	$16,468
Feb 2003	30	2,299	33.48	7.93	$19,226
Jan 2003	31	2,497	30.31	5.58	$14,878
Dec 2002	31	2,203	26.91	4.85	$11,527
Nov 2002	31	2,270	24.66	4.14	$10,155
Oct 2002	30	2,284	26.46	4.23	$10,453
Sep 2002	29	2,104	27.44	3.64	$8,444
Aug 2002	30	2,082	25.96	3.16	$7,367
Jul 2002	29	2,621	24.58	3.06	$8,738
Jun 2002	29	2,410	23.73	3.34	$8,733
May 2002	0	2,336	24.66	3.58	$8,372
Apr 2002	23	1,837	23.65	3.51	$6,996
Mar 2002	51	2,495	22.00	3.10	$8,863
Feb 2002	29	2,160	18.22	2.38	$5,660
Jan 2002	34	2,230	17.17	2.38	$5,882
Dec 2001	0	2,023	16.93	2.36	$4,783
Nov 2001	35	1,875	18.07	2.41	$5,143
Oct 2001	32	1,943	19.78	2.53	$5,547
Sep 2001	0	2,324	24.26	2.25	$5,232
Aug 2001	51	2,300	24.87	3.05	$8,291
Jul 2001	41	2,229	23.93	3.20	$8,107
Jun 2001	0	1,725	24.56	3.82	$6,597
May 2001	237	1,302	25.52	4.31	$11,656
Apr 2001	66	1,423	24.68	5.34	$9,221
Mar 2001	281	1,704	24.54	5.38	$16,057
Feb 2001	0	1,583	27.75	5.77	$9,129
Jan 2001	119	1,560	27.47	8.40	$16,371
Dec 2000	0	1,486	26.88	9.12	$13,556
Nov 2000	58	1,519	32.21	5.66	$10,463
Oct 2000	39	1,614	31.23	5.15	$9,523
Sep 2000	48	1,515	31.87	5.19	$9,387
Aug 2000	63	2,131	29.64	4.54	$11,544
Jul 2000	98	1,986	28.53	4.09	$10,918
Jun 2000	103	1,886	29.30	4.40	$11,311
May 2000	113	1,375	27.26	3.68	$8,140
Apr 2000	0	1,525	24.51	3.12	$4,752
Mar 2000	124	1,813	28.42	2.86	$8,709
Feb 2000	223	1,821	27.62	2.73	$11,124
Jan 2000	0	1,923	25.27	2.48	$4,770
Dec 1999	111	5,109	24.28	2.42	$15,078
Nov 1999	105	3,315	23.19	2.43	$10,504
Oct 1999	0	2,083	20.98	2.80	$5,840
Sep 1999	132	1,679	21.75	2.62	$7,268
Aug 1999	0	1,923	19.26	2.88	$5,530
Jul 1999	121	2,179	17.89	2.37	$7,334
Jun 1999	117	2,488	15.94	2.36	$7,742
May 1999	0	2,156	15.79	2.32	$5,004
Apr 1999	199	2,312	15.10	2.21	$8,110
Mar 1999	0	2,458	12.47	1.84	$4,519
Feb 1999	0	2,517	9.98	1.82	$4,575
Jan 1999	106	4,619	10.38	1.90	$9,876
Dec 1998	0	2,874	9.20	1.77	$5,097
Nov 1998	122	2,864	10.89	2.19	$7,588
Oct 1998	102	3,136	12.42	1.97	$7,442
Sep 1998	179	3,031	12.59	2.08	$8,566
Aug 1998	0	2,756	11.30	1.91	$5,257
Jul 1998	0	2,838	11.74	2.24	$6,349
Jun 1998	217	1,947	11.24	2.24	$6,795
May 1998	0	2,283	12.62	2.21	$5,037
Apr 1998	155	2,663	13.04	2.51	$8,693
Mar 1998	0	2,644	12.80	2.31	$6,106
Feb 1998	0	3,791	13.95	2.30	$8,716
Jan 1998	124	4,196	14.70	2.15	$10,864
Dec 1997	0	4,974	16.32	2.41	$11,993
Nov 1997	0	4,881	18.19	3.09	$15,074
Oct 1997	106	2,788	19.25	3.15	$10,822
Sep 1997	0	4,855	17.74	2.95	$14,346
Aug 1997	88	7,162	17.86	2.55	$19,869
Jul 1997	0	6,492	17.58	2.25	$14,587
Jun 1997	124	6,925	17.24	2.26	$17,769
May 1997	0	7,600	18.97	2.31	$17,545
Apr 1997	318	6,682	17.88	2.08	$19,603
Mar 1997	0	6,239	18.95	1.94	$12,098
Feb 1997	290	6,277	20.49	2.21	$19,789
Jan 1997	159	6,680	23.48	3.54	$27,379
Dec 1996	218	8,139	23.32	—	$5,084
Nov 1996	71	6,592	21.97	—	$1,560
Oct 1996	261	6,914	23.31	—	$6,084
Sep 1996	132	6,530	22.22	—	$2,933
Aug 1996	132	6,837	20.26	—	$2,674
Jul 1996	136	6,841	19.55	—	$2,659
Jun 1996	144	6,751	18.73	—	$2,697
May 1996	142	6,270	19.43	—	$2,759
Apr 1996	137	7,395	21.51	—	$2,947
Mar 1996	232	7,063	19.38	—	$4,496
Feb 1996	92	5,864	16.98	—	$1,562
Jan 1996	198	7,286	17.07	—	$3,380
Dec 1995	182	7,486	17.19	—	$3,129
Nov 1995	282	8,213	16.00	—	$4,512
Oct 1995	153	8,687	15.43	—	$2,361
Sep 1995	177	8,531	16.18	—	$2,864
Aug 1995	166	8,251	15.92	—	$2,643
Jul 1995	137	10,971	15.24	—	$2,088
Jun 1995	133	12,375	16.41	—	$2,183
May 1995	281	11,945	17.56	—	$4,934
Apr 1995	139	12,695	17.73	—	$2,464
Mar 1995	372	15,158	16.44	—	$6,116
Feb 1995	251	12,154	16.58	—	$4,162
Jan 1995	269	14,761	15.92	—	$4,282
Dec 1994	431	12,034	15.03	—	$6,478
Nov 1994	280	14,435	15.90	—	$4,452
Oct 1994	281	14,673	15.58	—	$4,378
Sep 1994	286	13,349	15.29	—	$4,373
Aug 1994	363	22,861	16.13	—	$5,855
Jul 1994	281	18,952	17.56	—	$4,934
Jun 1994	350	15,706	17.09	—	$5,982
May 1994	485	17,903	15.88	—	$7,702
Apr 1994	417	20,272	14.14	—	$5,896
Mar 1994	313	18,105	12.46	—	$3,900
Feb 1994	559	20,185	12.50	—	$6,988
Jan 1994	289	25,386	12.66	—	$3,659
Dec 1993	291	33,474	12.33	—	$3,588
Nov 1993	307	28,429	14.49	—	$4,448
Oct 1993	625	29,521	15.85	—	$9,906
Sep 1993	434	21,780	15.03	—	$6,523
Aug 1993	598	13,225	15.66	—	$9,365
Jul 1993	560	24,739	15.46	—	$8,658
Jun 1993	607	37,740	16.79	—	$10,192
May 1993	854	72,358	17.68	—	$15,099
Apr 1993	1,244	79,529	18.05	—	$22,454
Mar 1993	2,082	102,537	18.14	—	$37,767
Feb 1993	2,408	133,793	17.90	—	$43,103
Jan 1993	2,966	129,261	16.93	—	$50,214

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.

Dec 2005 — as filed, then multipliedworked

Oil                    1 bbl  × $ 54.94 =        $55
Casinghead gas     1,279 Mcf  × $ 13.42 =    $17,158

────────────────────────────────────────────────────
Month total                                  $17,213

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/O/31869 is the state's own key, not one this site invented.