FERGASON

Operated by BKV NORTH TEXAS, LLC (P-5 100345) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 216132District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Apr 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
242
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-08-30169870
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition2,290 bbl$141,025
GasProduction869,620 Mcf$4,434,429
Total$4,575,454

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 33.2308, -97.2118. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23083, -97.21182 · 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
9,004 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 9,004 ft.

Completions filed
Apr 2006
1 of 1 wells

1 well

42-1213278919,004 ftApr 2006

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 (242)

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

242 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202586060.553.23$5,207
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024066371.372.28$1,513
Sep 2024096669.612.36$2,284
Aug 2024094875.632.06$1,956
Jul 2024095079.932.15$2,039
Jun 202401,78578.082.63$4,702
May 202403,12978.812.20$6,879
Apr 202403,04084.451.66$5,044
Mar 2024021380.301.55$329
Feb 202401,94076.091.78$3,460
Jan 202401,51873.023.30$5,006
Dec 2023073171.262.61$1,908
Nov 2023084477.892.81$2,370
Oct 2023080885.443.09$2,495
Sep 2023070189.042.74$1,917
Aug 2023071080.522.67$1,898
Jul 2023097374.852.64$2,570
Jun 2023094768.962.26$2,139
May 202301,00170.622.23$2,230
Apr 202301,01178.122.24$2,262
Mar 202301,04272.852.39$2,494
Feb 2023060675.112.47$1,494
Jan 2023079176.533.39$2,680
Dec 2022082876.415.73$4,744
Nov 2022086985.005.65$4,907
Oct 202201,39387.185.86$8,168
Sep 202201,13584.888.16$9,266
Aug 202201,13494.529.13$10,350
Jul 202201,145101.587.54$8,636
Jun 2022131,105115.097.98$10,311
May 202201,131109.378.43$9,538
Apr 202201,169104.226.84$7,993
Mar 202201,334108.885.08$6,772
Feb 202201,41691.054.86$6,880
Jan 202201,26481.844.54$5,736
Dec 202101,74371.323.90$6,796
Nov 202101,38777.435.24$7,264
Oct 202101,66779.795.71$9,525
Sep 202101,61669.865.35$8,647
Aug 202101,74566.024.22$7,365
Jul 202101,93470.783.98$7,701
Jun 202101,91269.493.38$6,464
May 202101,70763.483.02$5,151
Apr 202101,57960.362.76$4,356
Mar 202101,66361.302.72$4,518
Feb 202101,79357.805.55$9,947
Jan 202101,92150.412.81$5,399
Dec 202002,05644.642.68$5,501
Nov 202002,09638.772.71$5,673
Oct 202002,33436.972.48$5,785
Sep 202001,65137.091.99$3,287
Aug 202001,64939.982.39$3,933
Jul 202001,74638.371.83$3,187
Jun 202001,69934.901.69$2,872
May 202001,62116.921.81$2,942
Apr 202001,84714.751.80$3,333
Mar 202001,87930.341.86$3,488
Feb 202001,74049.881.98$3,446
Jan 202001,96157.252.09$4,108
Dec 201902,04559.012.30$4,712
Nov 201902,19655.302.75$6,041
Oct 201902,45153.472.42$5,928
Sep 201902,16455.052.66$5,750
Aug 201901,87353.112.30$4,316
Jul 201902,32456.272.46$5,717
Jun 201902,15452.782.49$5,366
May 201902,22658.482.74$6,100
Apr 201902,37062.632.75$6,519
Mar 201902,43056.803.06$7,441
Feb 201902,22950.852.79$6,224
Jan 201902,41846.033.23$7,806
Dec 201802,50246.594.19$10,472
Nov 201802,29152.934.24$9,708
Oct 201802,44561.443.40$8,308
Sep 201802,48959.543.11$7,736
Aug 201802,62059.403.07$8,034
Jul 201802,58865.142.93$7,588
Jun 201802,64860.183.08$8,148
May 201802,79065.382.90$8,093
Apr 201802,90663.842.90$8,430
Mar 201802,86361.222.79$7,979
Feb 201802,44061.782.77$6,749
Jan 201802,73862.874.01$10,978
Dec 201702,78557.272.92$8,136
Nov 201702,82355.423.12$8,803
Oct 201702,94949.292.98$8,799
Sep 201702,77447.523.09$8,564
Aug 201702,55945.373.00$7,688
Jul 201702,93343.873.09$9,055
Jun 201702,92542.493.09$9,030
May 201703,01345.373.26$9,833
Apr 201702,94947.933.21$9,471
Mar 201703,11746.772.98$9,300
Feb 2017922,70250.452.95$12,619
Jan 201703,12749.413.42$10,691
Dec 201603,16848.763.72$11,794
Nov 201603,06142.492.64$8,094
Oct 201603,13646.193.09$9,691
Sep 201603,00741.553.10$9,324
Aug 201603,21841.442.92$9,411
Jul 201603,10241.622.92$9,071
Jun 201603,14045.352.69$8,434
May 201603,31842.521.99$6,606
Apr 201603,18136.561.99$6,334
Mar 201603,27033.011.79$5,866
Feb 201602,85526.472.06$5,892
Jan 201603,19127.352.36$7,545
Dec 201503,14332.362.00$6,290
Nov 201503,18938.792.17$6,912
Oct 201502,85243.552.43$6,921
Sep 201502,96942.992.76$8,190
Aug 201503,34440.162.87$9,606
Jul 201503,32748.152.95$9,798
Jun 201503,40456.152.88$9,813
May 201503,52255.212.96$10,409
Apr 201503,32949.822.71$9,010
Mar 201503,65042.892.93$10,712
Feb 201503,58944.662.98$10,682
Jan 201503,94643.433.10$12,235
Dec 201404,40954.693.59$15,834
Nov 201404,06670.464.25$17,288
Oct 201402,19978.303.90$8,578
Sep 201402,21886.164.05$8,973
Aug 201402,81989.394.04$11,375
Jul 201402,87696.564.18$12,021
Jun 201402,01598.164.74$9,545
May 201402,29994.734.73$10,866
Apr 201402,41995.944.81$11,633
Mar 201402,94395.895.06$14,882
Feb 201403,14597.406.19$19,474
Jan 201402,36290.404.86$11,481
Dec 201302,25991.824.35$9,837
Nov 201302,35788.853.74$8,811
Oct 201302,36297.423.78$8,927
Sep 201302,288104.113.72$8,506
Aug 201301,888104.253.52$6,651
Jul 201302,456102.523.72$9,131
Jun 201303,01294.403.93$11,847
May 201302,57494.834.15$10,680
Apr 201302,53793.964.28$10,865
Mar 201302,46493.623.91$9,641
Feb 201302,77391.233.42$9,483
Jan 201302,92191.603.42$9,990
Dec 201203,45586.773.42$11,817
Nov 2012993,12686.953.62$19,940
Oct 201233,25089.383.40$11,317
Sep 201203,01494.672.92$8,796
Aug 201203,21992.662.91$9,361
Jul 201203,43685.133.02$10,379
Jun 201203,79679.822.52$9,562
May 201203,23391.612.49$8,045
Apr 201203,454101.652.00$6,897
Mar 201203,545105.052.22$7,877
Feb 201203,330101.102.57$8,559
Jan 201203,50898.092.73$9,591
Dec 201103,64196.873.24$11,796
Nov 201103,52195.723.31$11,659
Oct 201103,58184.983.65$13,065
Sep 201103,52183.623.99$14,034
Aug 201103,72883.404.15$15,469
Jul 201103,89494.144.52$17,590
Jun 201103,70192.904.64$17,172
May 201103,86098.134.40$17,003
Apr 201103,675105.964.33$15,925
Mar 201104,07096.364.06$16,513
Feb 201103,34685.644.18$13,986
Jan 201103,82086.504.59$17,529
Dec 201003,82885.734.35$16,643
Nov 201003,89380.843.80$14,775
Oct 201004,23378.103.51$14,853
Sep 201004,25772.633.98$16,941
Aug 201004,41773.684.42$19,520
Jul 201004,48072.554.74$21,219
Jun 201004,08570.364.91$20,059
May 201004,14971.124.24$17,572
Apr 201003,67581.694.12$15,151
Mar 201004,28178.394.39$18,788
Feb 201003,74773.585.44$20,393
Jan 201004,02574.365.96$24,005
Dec 200904,76371.445.48$26,119
Nov 200904,66274.593.75$17,489
Oct 200904,93972.544.11$20,301
Sep 200904,85365.543.06$14,873
Aug 200905,12367.423.22$16,488
Jul 200905,31361.133.46$18,407
Jun 200905,08866.163.90$19,818
May 200906,74554.743.93$26,479
Apr 200903,01946.773.59$10,831
Mar 200905,39542.144.06$21,898
Feb 200905,19532.814.63$24,068
Jan 20091604,81235.865.37$31,583
Dec 200805,09537.105.98$30,454
Nov 200805,76755.496.86$39,564
Oct 200806,28975.246.92$43,532
Sep 200806,398101.767.88$50,398
Aug 200806,879114.228.48$58,355
Jul 200807,122131.0811.39$81,116
Jun 200806,958131.3313.03$90,681
May 200806,762123.1711.57$78,265
Apr 200806,236110.3110.45$65,197
Mar 200805,632101.909.66$54,428
Feb 200806,24792.538.77$54,790
Jan 200806,62590.388.21$54,363
Dec 200708,13088.337.30$59,365
Nov 200707,51991.677.29$54,826
Oct 200705,87782.856.92$40,680
Sep 200708,32075.846.24$51,951
Aug 200709,64369.066.39$61,599
Jul 2007010,48470.906.39$66,971
Jun 200708,51562.007.55$64,275
May 2007010,46858.747.85$82,135
Apr 2007011,10059.617.81$86,638
Mar 200715711,95856.927.30$96,253
Feb 2007011,95355.108.22$98,206
Jan 200716510,60450.306.73$79,631
Dec 2006012,75056.656.92$88,210
Nov 200615413,77454.207.62$113,270
Oct 2006015,24854.906.01$91,698
Sep 200614615,98660.085.04$89,296
Aug 200615317,71168.717.34$140,510
Jul 200615820,11369.376.34$138,532
Jun 200615522,81366.286.38$155,909
May 200645529,03666.016.42$216,591
Apr 200629421,29364.397.36$175,657

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 2025 — as filed, then multipliedworked
Condensate            86 bbl  × $ 60.55 =     $5,207
Gas                    0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                   $5,207

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/216132 is the state's own key, not one this site invented.