FERGUSON B

Name: FERGUSON B lease production and value, Feb 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by STANOLIND PRODUCTION LLC (P-5 813985) in the LOWER HALF (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37987District 08Field 55279500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.3 M

Feb 2005 – Feb 2020

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

181

no gaps in the span

Streams

oil, casinghead gas

The LOWER HALF (WOLFCAMP) 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 46 leases and 237 wells, and the rule below applies to all of them.

Discovered

1985-05-27

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-10-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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.

Stream	Basis	Volume	Value
Oil	Disposition	14,442 bbl	$908,431
Casinghead gas	Production	60,746 Mcf	$391,302
Total			$1,299,733

Wells on this lease (5)

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 31.6021, -101.1303. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.60268, -101.12913 · 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%

5 of 5 wells

With a plug date

20.0%

1 of 5 wells

Median depth

8,250 ft

5 wells filed one

Completion to plug

11.4 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

120.0%

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

120.0%

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

Between 8,159 and 8,250 ft, median 8,250 ft, over the 5 wells that filed a depth.

Completions filed

Feb 2005 – Feb 2007

5 of 5 wells

Plug dates filed

Aug 2016

1 of 5 wells; 4 filed none

Last completion to plug: a median of 11.4 years across the 1 well that filed both dates, with the middle half between 11.4 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-43132344	818	8,250 ft	Feb 2007	—	Yes
42-43131915	118	8,159 ft	Jan 2007	—	Yes
42-43132343	618	8,250 ft	Oct 2006	—	Yes
42-43131994	318	8,232 ft	Mar 2005	Aug 2016	Yes
42-43132414	718	8,250 ft	Feb 2005	—	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 (181)

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

181 months


Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	46	0	55.05	2.66	$2,532
Aug 2019	20	0	53.11	2.30	$1,062
Jul 2019	18	0	56.27	2.46	$1,013
Jun 2019	38	0	52.78	2.49	$2,006
May 2019	63	0	58.48	2.74	$3,684
Apr 2019	22	0	62.63	2.75	$1,378
Mar 2019	43	0	56.80	3.06	$2,442
Feb 2019	72	0	50.85	2.79	$3,661
Jan 2019	25	0	46.03	3.23	$1,151
Dec 2018	30	0	46.59	4.19	$1,398
Nov 2018	1	0	52.93	4.24	$53
Oct 2018	3	0	61.44	3.40	$184
Sep 2018	20	0	59.54	3.11	$1,191
Aug 2018	10	0	59.40	3.07	$594
Jul 2018	27	0	65.14	2.93	$1,759
Jun 2018	19	0	60.18	3.08	$1,143
May 2018	43	0	65.38	2.90	$2,811
Apr 2018	50	0	63.84	2.90	$3,192
Mar 2018	8	0	61.22	2.79	$490
Feb 2018	8	0	61.78	2.77	$494
Jan 2018	34	0	62.87	4.01	$2,138
Dec 2017	16	0	57.27	2.92	$916
Nov 2017	9	0	55.42	3.12	$499
Oct 2017	15	0	49.29	2.98	$739
Sep 2017	10	0	47.52	3.09	$475
Aug 2017	9	0	45.37	3.00	$408
Jul 2017	15	0	43.87	3.09	$658
Jun 2017	21	0	42.49	3.09	$892
May 2017	61	15	45.37	3.26	$2,817
Apr 2017	23	9	47.93	3.21	$1,131
Mar 2017	39	28	46.77	2.98	$1,908
Feb 2017	25	113	50.45	2.95	$1,595
Jan 2017	44	176	49.41	3.42	$2,776
Dec 2016	36	0	48.76	3.72	$1,755
Nov 2016	21	8	42.49	2.64	$913
Oct 2016	0	42	46.19	3.09	$130
Sep 2016	0	11	41.55	3.10	$34
Aug 2016	0	15	41.44	2.92	$44
Jul 2016	0	28	41.62	2.92	$82
Jun 2016	0	17	45.35	2.69	$46
May 2016	0	16	42.52	1.99	$32
Apr 2016	0	33	36.56	1.99	$66
Mar 2016	0	29	33.01	1.79	$52
Feb 2016	0	38	26.47	2.06	$78
Jan 2016	0	22	27.35	2.36	$52
Dec 2015	10	0	32.36	2.00	$324
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	69	95	43.55	2.43	$3,235
Sep 2015	41	157	42.99	2.76	$2,196
Aug 2015	33	157	40.16	2.87	$1,776
Jul 2015	60	166	48.15	2.95	$3,378
Jun 2015	29	140	56.15	2.88	$2,032
May 2015	34	128	55.21	2.96	$2,255
Apr 2015	27	151	49.82	2.71	$1,754
Mar 2015	43	178	42.89	2.93	$2,367
Feb 2015	23	92	44.66	2.98	$1,301
Jan 2015	20	82	43.43	3.10	$1,123
Dec 2014	44	104	54.69	3.59	$2,780
Nov 2014	33	92	70.46	4.25	$2,716
Oct 2014	25	0	78.30	3.90	$1,958
Sep 2014	15	119	86.16	4.05	$1,774
Aug 2014	0	112	89.39	4.04	$452
Jul 2014	14	75	96.56	4.18	$1,665
Jun 2014	28	80	98.16	4.74	$3,127
May 2014	20	114	94.73	4.73	$2,433
Apr 2014	0	51	95.94	4.81	$245
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	61	0	91.82	4.35	$5,601
Nov 2013	71	62	88.85	3.74	$6,540
Oct 2013	0	217	97.42	3.78	$820
Sep 2013	36	206	104.11	3.72	$4,514
Aug 2013	61	217	104.25	3.52	$7,124
Jul 2013	48	195	102.52	3.72	$5,646
Jun 2013	41	137	94.40	3.93	$4,409
May 2013	34	222	94.83	4.15	$4,145
Apr 2013	0	286	93.96	4.28	$1,225
Mar 2013	13	258	93.62	3.91	$2,227
Feb 2013	36	193	91.23	3.42	$3,944
Jan 2013	45	218	91.60	3.42	$4,868
Dec 2012	0	155	86.77	3.42	$530
Nov 2012	60	284	86.95	3.62	$6,246
Oct 2012	25	341	89.38	3.40	$3,394
Sep 2012	53	161	94.67	2.92	$5,487
Aug 2012	37	188	92.66	2.91	$3,975
Jul 2012	18	236	85.13	3.02	$2,245
Jun 2012	38	228	79.82	2.52	$3,608
May 2012	10	183	91.61	2.49	$1,371
Apr 2012	17	142	101.65	2.00	$2,012
Mar 2012	21	69	105.05	2.22	$2,359
Feb 2012	0	24	101.10	2.57	$62
Jan 2012	1	26	98.09	2.73	$169
Dec 2011	24	28	96.87	3.24	$2,416
Nov 2011	38	74	95.72	3.31	$3,882
Oct 2011	65	175	84.98	3.65	$6,162
Sep 2011	49	192	83.62	3.99	$4,863
Aug 2011	51	210	83.40	4.15	$5,125
Jul 2011	52	220	94.14	4.52	$5,889
Jun 2011	99	234	92.90	4.64	$10,283
May 2011	50	220	98.13	4.40	$5,876
Apr 2011	93	227	105.96	4.33	$10,838
Mar 2011	33	230	96.36	4.06	$4,113
Feb 2011	44	210	85.64	4.18	$4,646
Jan 2011	19	211	86.50	4.59	$2,612
Dec 2010	41	220	85.73	4.35	$4,471
Nov 2010	47	186	80.84	3.80	$4,505
Oct 2010	15	287	78.10	3.51	$2,179
Sep 2010	41	226	72.63	3.98	$3,877
Aug 2010	53	245	73.68	4.42	$4,988
Jul 2010	47	223	72.55	4.74	$4,466
Jun 2010	26	466	70.36	4.91	$4,118
May 2010	86	479	71.12	4.24	$8,145
Apr 2010	15	458	81.69	4.12	$3,114
Mar 2010	59	474	78.39	4.39	$6,705
Feb 2010	55	345	73.58	5.44	$5,925
Jan 2010	30	616	74.36	5.96	$5,905
Dec 2009	67	597	71.44	5.48	$8,060
Nov 2009	54	525	74.59	3.75	$5,997
Oct 2009	31	589	72.54	4.11	$4,670
Sep 2009	46	576	65.54	3.06	$4,780
Aug 2009	44	585	67.42	3.22	$4,849
Jul 2009	41	737	61.13	3.46	$5,060
Jun 2009	45	706	66.16	3.90	$5,727
May 2009	70	760	54.74	3.93	$6,815
Apr 2009	119	752	46.77	3.59	$8,263
Mar 2009	80	838	42.14	4.06	$6,773
Feb 2009	130	777	32.81	4.63	$7,865
Jan 2009	71	937	35.86	5.37	$7,579
Dec 2008	95	772	37.10	5.98	$8,139
Nov 2008	65	548	55.49	6.86	$7,366
Oct 2008	70	460	75.24	6.92	$8,451
Sep 2008	108	404	101.76	7.88	$14,172
Aug 2008	41	596	114.22	8.48	$9,739
Jul 2008	32	603	131.08	11.39	$11,062
Jun 2008	114	725	131.33	13.03	$24,420
May 2008	72	794	123.17	11.57	$18,058
Apr 2008	129	814	110.31	10.45	$22,740
Mar 2008	70	687	101.90	9.66	$13,772
Feb 2008	98	656	92.53	8.77	$14,821
Jan 2008	74	787	90.38	8.21	$13,146
Dec 2007	120	864	88.33	7.30	$16,909
Nov 2007	101	931	91.67	7.29	$16,047
Oct 2007	101	935	82.85	6.92	$14,840
Sep 2007	93	836	75.84	6.24	$12,273
Aug 2007	157	770	69.06	6.39	$15,761
Jul 2007	86	458	70.90	6.39	$9,023
Jun 2007	119	618	62.00	7.55	$12,043
May 2007	118	868	58.74	7.85	$13,742
Apr 2007	46	952	59.61	7.81	$10,173
Mar 2007	122	1,123	56.92	7.30	$15,144
Feb 2007	105	1,015	55.10	8.22	$14,125
Jan 2007	107	1,106	50.30	6.73	$12,822
Dec 2006	130	1,156	56.65	6.92	$15,362
Nov 2006	148	984	54.20	7.62	$15,517
Oct 2006	71	970	54.90	6.01	$9,731
Sep 2006	131	1,216	60.08	5.04	$13,996
Aug 2006	177	1,245	68.71	7.34	$21,300
Jul 2006	161	1,166	69.37	6.34	$18,564
Jun 2006	246	1,270	66.28	6.38	$24,412
May 2006	280	1,629	66.01	6.42	$28,949
Apr 2006	196	1,868	64.39	7.36	$26,370
Mar 2006	114	448	56.70	7.08	$9,637
Feb 2006	164	360	57.59	7.75	$12,235
Jan 2006	165	374	60.59	8.93	$13,338
Dec 2005	377	368	54.94	13.42	$25,649
Nov 2005	334	314	54.69	10.59	$21,591
Oct 2005	288	569	58.34	13.80	$24,652
Sep 2005	525	793	61.45	12.08	$41,840
Aug 2005	339	1,105	61.51	9.80	$31,677
Jul 2005	345	574	55.69	7.84	$23,715
Jun 2005	534	805	52.33	7.38	$33,886
May 2005	949	960	45.22	6.65	$49,299
Apr 2005	1,086	1,194	49.20	7.36	$62,220
Mar 2005	1,016	935	50.37	7.15	$57,866
Feb 2005	255	345	45.22	6.31	$13,709

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.

Sep 2019 — as filed, then multipliedworked

Oil                   46 bbl  × $ 55.05 =     $2,532
Casinghead gas         0 Mcf  × $  2.66 =         $0

────────────────────────────────────────────────────
Month total                                   $2,532

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/37987 is the state's own key, not one this site invented.