FERGUSON #1

Operated by RYDER SCOTT MANAGEMENT, LLC (P-5 739823) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118117District 09Field 10574520CondensateGasSaveExport
Value, all time
$153 k
Jan 1993 – Oct 2007
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
178
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
CondensateDisposition92 bbl$1,735
GasProduction62,427 Mcf$151,266
Total$153,000

28,344 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 (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 33.3431, -97.4443. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34309, -97.44431 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,100 ft
1 wells filed one
Completion to plug
22.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 7,100 ft.

Completions filed
Sep 1985
1 of 1 wells
Plug dates filed
Oct 2007
1 of 1 wells

Last completion to plug: a median of 22.1 years across the 1 well that filed both dates, with the middle half between 22.1 years and 22.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973298017,100 ftSep 1985Oct 2007Yes

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 (178)

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

178 months

Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200708158.747.85$636
Apr 2007021659.617.81$1,686
Mar 2007023956.927.30$1,745
Feb 2007021455.108.22$1,758
Jan 2007022450.306.73$1,507
Dec 2006024356.656.92$1,681
Nov 2006020954.207.62$1,592
Oct 2006024054.906.01$1,443
Sep 2006023960.085.04$1,204
Aug 2006019568.717.34$1,431
Jul 2006011769.376.34$742
Jun 2006012966.286.38$824
May 2006019666.016.42$1,259
Apr 2006022164.397.36$1,627
Mar 2006026256.707.08$1,856
Feb 2006019157.597.75$1,480
Jan 2006025360.598.93$2,260
Dec 2005024954.9413.42$3,340
Nov 2005024954.6910.59$2,637
Oct 2005025658.3413.80$3,532
Sep 2005024261.4512.08$2,923
Aug 2005026161.519.80$2,557
Jul 2005026255.697.84$2,055
Jun 2005025052.337.38$1,845
May 2005025845.226.65$1,716
Apr 2005025449.207.36$1,870
Mar 2005027050.377.15$1,932
Feb 2005025245.226.31$1,591
Jan 2005024043.166.32$1,517
Dec 2004024539.866.75$1,654
Nov 2004024545.286.33$1,551
Oct 2004026549.706.52$1,727
Sep 2004025843.245.28$1,363
Aug 2004026342.375.55$1,460
Jul 2004026738.286.08$1,624
Jun 2004024136.106.43$1,550
May 2004028137.486.49$1,825
Apr 2004021734.475.86$1,271
Mar 2004026834.365.53$1,482
Feb 2004023532.455.51$1,295
Jan 2004021832.036.30$1,373
Dec 2003013230.266.30$832
Nov 2003015128.804.60$694
Oct 2003020528.174.76$976
Sep 2003017426.314.75$826
Aug 2003021429.765.13$1,098
Jul 2003021329.415.17$1,101
Jun 2003018328.565.98$1,095
May 2003021626.595.97$1,290
Apr 2003020326.675.41$1,098
Mar 2003023731.146.10$1,445
Feb 2003019833.487.93$1,569
Jan 2003026930.315.58$1,502
Dec 2002029126.914.85$1,412
Nov 2002029724.664.14$1,229
Oct 2002025726.464.23$1,087
Sep 2002024527.443.64$891
Aug 2002026525.963.16$839
Jul 2002027424.583.06$839
Jun 2002026423.733.34$881
May 2002018924.663.58$677
Apr 2002038223.653.51$1,342
Mar 2002027422.003.10$850
Feb 2002024618.222.38$584
Jan 2002029217.172.38$694
Dec 2001029016.932.36$686
Nov 2001024118.072.41$580
Oct 2001029619.782.53$749
Sep 2001031324.262.25$705
Aug 2001022624.873.05$690
Jul 2001020823.933.20$665
Jun 200109324.563.82$356
May 2001017925.524.31$771
Apr 2001025724.685.34$1,371
Mar 2001030424.545.38$1,634
Feb 2001021327.755.77$1,228
Jan 2001021927.478.40$1,839
Dec 2000026126.889.12$2,381
Nov 2000025932.215.66$1,465
Oct 2000026531.235.15$1,364
Sep 2000026031.875.19$1,348
Aug 2000025929.644.54$1,176
Jul 2000032928.534.09$1,346
Jun 2000031429.304.40$1,381
May 2000031027.263.68$1,141
Apr 20001434024.513.12$1,403
Mar 2000036128.422.86$1,032
Feb 2000027527.622.73$750
Jan 2000031025.272.48$769
Dec 1999035424.282.42$858
Nov 1999034923.192.43$849
Oct 1999037520.982.80$1,051
Sep 1999033721.752.62$883
Aug 1999031119.262.88$894
Jul 19997630017.892.37$2,071
Jun 1999228215.942.36$698
May 1999020015.792.32$464
Apr 1999012715.102.21$280
Mar 1999021012.471.84$386
Feb 19990959.981.82$173
Jan 1999027110.381.90$515
Dec 199803419.201.77$605
Nov 1998038110.892.19$833
Oct 1998038212.421.97$752
Sep 1998037612.592.08$783
Aug 1998041911.301.91$799
Jul 1998040011.742.24$895
Jun 1998042111.242.24$942
May 1998043512.622.21$960
Apr 1998040113.042.51$1,005
Mar 1998041812.802.31$965
Feb 1998050513.952.30$1,161
Jan 19980014.702.15$0
Dec 1997031216.322.41$752
Nov 1997034818.193.09$1,075
Oct 1997043319.253.15$1,364
Sep 1997038317.742.95$1,132
Aug 1997038517.862.55$984
Jul 1997040717.582.25$915
Jun 1997044417.242.26$1,002
May 1997040318.972.31$930
Apr 1997045117.882.08$939
Mar 1997050718.951.94$983
Feb 1997049520.492.21$1,092
Jan 1997025723.483.54$910
Dec 1996052823.32$0
Nov 1996040321.97$0
Oct 1996048823.31$0
Sep 1996047422.22$0
Aug 1996062620.26$0
Jul 1996051719.55$0
Jun 1996049218.73$0
May 1996063219.43$0
Apr 1996050321.51$0
Mar 1996052019.38$0
Feb 1996044416.98$0
Jan 1996041217.07$0
Dec 1995046017.19$0
Nov 1995044016.00$0
Oct 1995049115.43$0
Sep 1995052516.18$0
Aug 1995060915.92$0
Jul 1995054215.24$0
Jun 1995056216.41$0
May 1995069017.56$0
Apr 1995061017.73$0
Mar 1995063816.44$0
Feb 1995060816.58$0
Jan 1995058015.92$0
Dec 1994058915.03$0
Nov 1994045815.90$0
Oct 1994059915.58$0
Sep 1994061215.29$0
Aug 1994052916.13$0
Jul 1994059217.56$0
Jun 1994063317.09$0
May 1994064515.88$0
Apr 1994051614.14$0
Mar 1994064712.46$0
Feb 1994063412.50$0
Jan 1994069912.66$0
Dec 1993065612.33$0
Nov 1993060614.49$0
Oct 1993061215.85$0
Sep 1993070615.03$0
Aug 1993082115.66$0
Jul 1993058615.46$0
Jun 1993076316.79$0
May 1993079117.68$0
Apr 1993067218.05$0
Mar 1993078518.14$0
Feb 1993066917.90$0
Jan 1993073016.93$0

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 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.74 =         $0
Gas                   81 Mcf  × $  7.85 =       $636

────────────────────────────────────────────────────
Month total                                     $636

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. 09/G/118117 is the state's own key, not one this site invented.