FERGUSON "L"

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

Operated by DALLAS PRODUCTION, INC. (P-5 197690) in the GAS FINDERS (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 62676District 09Field 34128300CondensateGasSave Export

Value, all time

$271 k

Jan 1993 – Oct 2007

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

178

no gaps in the span

Streams

condensate, gas

The GAS FINDERS (CONGL.) 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 106 leases and 106 wells, and the rule below applies to all of them.

Discovered

1974-09-01

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

467 ft

minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFFECTIVE 7/1/93.”

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
Condensate	Disposition	51 bbl	$2,996
Gas	Production	137,096 Mcf	$268,140
Total			$271,136

55,721 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 33.3114, -97.4784. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31137, -97.47837 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,007 ft

1 wells filed one

Completion to plug

3.0 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 7,007 ft.

Completions filed

Apr 2004

1 of 1 wells

Plug dates filed

Apr 2007

1 of 1 wells

Last completion to plug: a median of 3.0 years across the 1 well that filed both dates, with the middle half between 3.0 years and 3.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49730334	1	7,007 ft	Apr 2004	Apr 2007	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 (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 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	51	0	58.74	7.85	$2,996
Apr 2007	0	39	59.61	7.81	$304
Mar 2007	0	60	56.92	7.30	$438
Feb 2007	0	61	55.10	8.22	$501
Jan 2007	0	96	50.30	6.73	$646
Dec 2006	0	69	56.65	6.92	$477
Nov 2006	0	64	54.20	7.62	$488
Oct 2006	0	75	54.90	6.01	$451
Sep 2006	0	86	60.08	5.04	$433
Aug 2006	0	88	68.71	7.34	$646
Jul 2006	0	91	69.37	6.34	$577
Jun 2006	0	102	66.28	6.38	$651
May 2006	0	89	66.01	6.42	$572
Apr 2006	0	102	64.39	7.36	$751
Mar 2006	0	113	56.70	7.08	$800
Feb 2006	0	171	57.59	7.75	$1,325
Jan 2006	0	108	60.59	8.93	$965
Dec 2005	0	125	54.94	13.42	$1,677
Nov 2005	0	109	54.69	10.59	$1,154
Oct 2005	0	137	58.34	13.80	$1,890
Sep 2005	0	175	61.45	12.08	$2,114
Aug 2005	0	281	61.51	9.80	$2,753
Jul 2005	0	153	55.69	7.84	$1,200
Jun 2005	0	152	52.33	7.38	$1,122
May 2005	0	176	45.22	6.65	$1,171
Apr 2005	0	221	49.20	7.36	$1,627
Mar 2005	0	208	50.37	7.15	$1,488
Feb 2005	0	196	45.22	6.31	$1,237
Jan 2005	0	290	43.16	6.32	$1,833
Dec 2004	0	432	39.86	6.75	$2,916
Nov 2004	0	440	45.28	6.33	$2,785
Oct 2004	0	370	49.70	6.52	$2,411
Sep 2004	0	276	43.24	5.28	$1,458
Aug 2004	0	470	42.37	5.55	$2,609
Jul 2004	0	584	38.28	6.08	$3,553
Jun 2004	0	585	36.10	6.43	$3,763
May 2004	0	1,857	37.48	6.49	$12,060
Apr 2004	0	622	34.47	5.86	$3,644
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	124	32.45	5.51	$683
Jan 2004	0	205	32.03	6.30	$1,291
Dec 2003	0	158	30.26	6.30	$996
Nov 2003	0	235	28.80	4.60	$1,080
Oct 2003	0	167	28.17	4.76	$795
Sep 2003	0	33	26.31	4.75	$157
Aug 2003	0	93	29.76	5.13	$477
Jul 2003	0	102	29.41	5.17	$527
Jun 2003	0	96	28.56	5.98	$574
May 2003	0	141	26.59	5.97	$842
Apr 2003	0	191	26.67	5.41	$1,033
Mar 2003	0	181	31.14	6.10	$1,103
Feb 2003	0	132	33.48	7.93	$1,046
Jan 2003	0	170	30.31	5.58	$949
Dec 2002	0	107	26.91	4.85	$519
Nov 2002	0	112	24.66	4.14	$463
Oct 2002	0	115	26.46	4.23	$486
Sep 2002	0	21	27.44	3.64	$76
Aug 2002	0	236	25.96	3.16	$747
Jul 2002	0	241	24.58	3.06	$738
Jun 2002	0	210	23.73	3.34	$701
May 2002	0	418	24.66	3.58	$1,498
Apr 2002	0	544	23.65	3.51	$1,911
Mar 2002	0	314	22.00	3.10	$974
Feb 2002	0	201	18.22	2.38	$478
Jan 2002	0	320	17.17	2.38	$760
Dec 2001	0	533	16.93	2.36	$1,260
Nov 2001	0	520	18.07	2.41	$1,251
Oct 2001	0	333	19.78	2.53	$842
Sep 2001	0	489	24.26	2.25	$1,101
Aug 2001	0	831	24.87	3.05	$2,537
Jul 2001	0	520	23.93	3.20	$1,662
Jun 2001	0	234	24.56	3.82	$895
May 2001	0	657	25.52	4.31	$2,830
Apr 2001	0	633	24.68	5.34	$3,377
Mar 2001	0	676	24.54	5.38	$3,634
Feb 2001	0	687	27.75	5.77	$3,962
Jan 2001	0	491	27.47	8.40	$4,124
Dec 2000	0	74	26.88	9.12	$675
Nov 2000	0	344	32.21	5.66	$1,946
Oct 2000	0	441	31.23	5.15	$2,269
Sep 2000	0	655	31.87	5.19	$3,397
Aug 2000	0	1,510	29.64	4.54	$6,857
Jul 2000	0	1,576	28.53	4.09	$6,445
Jun 2000	0	589	29.30	4.40	$2,590
May 2000	0	929	27.26	3.68	$3,418
Apr 2000	0	499	24.51	3.12	$1,555
Mar 2000	0	432	28.42	2.86	$1,235
Feb 2000	0	659	27.62	2.73	$1,797
Jan 2000	0	1,707	25.27	2.48	$4,234
Dec 1999	0	1,564	24.28	2.42	$3,791
Nov 1999	0	1,625	23.19	2.43	$3,955
Oct 1999	0	1,359	20.98	2.80	$3,810
Sep 1999	0	412	21.75	2.62	$1,079
Aug 1999	0	1,170	19.26	2.88	$3,364
Jul 1999	0	1,269	17.89	2.37	$3,011
Jun 1999	0	941	15.94	2.36	$2,223
May 1999	0	760	15.79	2.32	$1,764
Apr 1999	0	1,595	15.10	2.21	$3,522
Mar 1999	0	1,463	12.47	1.84	$2,689
Feb 1999	0	936	9.98	1.82	$1,701
Jan 1999	0	1,868	10.38	1.90	$3,549
Dec 1998	0	629	9.20	1.77	$1,115
Nov 1998	0	661	10.89	2.19	$1,445
Oct 1998	0	2,145	12.42	1.97	$4,224
Sep 1998	0	2,037	12.59	2.08	$4,242
Aug 1998	0	2,540	11.30	1.91	$4,845
Jul 1998	0	2,219	11.74	2.24	$4,965
Jun 1998	0	524	11.24	2.24	$1,172
May 1998	0	2,442	12.62	2.21	$5,388
Apr 1998	0	1,687	13.04	2.51	$4,226
Mar 1998	0	1,632	12.80	2.31	$3,769
Feb 1998	0	1,006	13.95	2.30	$2,313
Jan 1998	0	1,712	14.70	2.15	$3,689
Dec 1997	0	966	16.32	2.41	$2,329
Nov 1997	0	1,588	18.19	3.09	$4,904
Oct 1997	0	1,691	19.25	3.15	$5,326
Sep 1997	0	1,848	17.74	2.95	$5,461
Aug 1997	0	2,053	17.86	2.55	$5,245
Jul 1997	0	1,673	17.58	2.25	$3,759
Jun 1997	0	966	17.24	2.26	$2,180
May 1997	0	1,834	18.97	2.31	$4,234
Apr 1997	0	1,731	17.88	2.08	$3,605
Mar 1997	0	1,753	18.95	1.94	$3,399
Feb 1997	0	521	20.49	2.21	$1,149
Jan 1997	0	396	23.48	3.54	$1,402
Dec 1996	0	334	23.32	—	$0
Nov 1996	0	1,398	21.97	—	$0
Oct 1996	0	1,019	23.31	—	$0
Sep 1996	0	541	22.22	—	$0
Aug 1996	0	1,933	20.26	—	$0
Jul 1996	0	1,937	19.55	—	$0
Jun 1996	0	1,946	18.73	—	$0
May 1996	0	2,295	19.43	—	$0
Apr 1996	0	1,505	21.51	—	$0
Mar 1996	0	1,025	19.38	—	$0
Feb 1996	0	506	16.98	—	$0
Jan 1996	0	782	17.07	—	$0
Dec 1995	0	989	17.19	—	$0
Nov 1995	0	2,226	16.00	—	$0
Oct 1995	0	1,889	15.43	—	$0
Sep 1995	0	645	16.18	—	$0
Aug 1995	0	671	15.92	—	$0
Jul 1995	0	215	15.24	—	$0
Jun 1995	0	741	16.41	—	$0
May 1995	0	1,205	17.56	—	$0
Apr 1995	0	848	17.73	—	$0
Mar 1995	0	1,879	16.44	—	$0
Feb 1995	0	1,373	16.58	—	$0
Jan 1995	0	1,251	15.92	—	$0
Dec 1994	0	544	15.03	—	$0
Nov 1994	0	2,181	15.90	—	$0
Oct 1994	0	3,025	15.58	—	$0
Sep 1994	0	597	15.29	—	$0
Aug 1994	0	9	16.13	—	$0
Jul 1994	0	554	17.56	—	$0
Jun 1994	0	422	17.09	—	$0
May 1994	0	1,186	15.88	—	$0
Apr 1994	0	1,322	14.14	—	$0
Mar 1994	0	853	12.46	—	$0
Feb 1994	0	1,198	12.50	—	$0
Jan 1994	0	1,355	12.66	—	$0
Dec 1993	0	719	12.33	—	$0
Nov 1993	0	1,238	14.49	—	$0
Oct 1993	0	1,119	15.85	—	$0
Sep 1993	0	1,317	15.03	—	$0
Aug 1993	0	1,845	15.66	—	$0
Jul 1993	0	1,907	15.46	—	$0
Jun 1993	0	274	16.79	—	$0
May 1993	0	395	17.68	—	$0
Apr 1993	0	1,991	18.05	—	$0
Mar 1993	0	606	18.14	—	$0
Feb 1993	0	533	17.90	—	$0
Jan 1993	0	1,378	16.93	—	$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            51 bbl  × $ 58.74 =     $2,996
Gas                    0 Mcf  × $  7.85 =         $0

────────────────────────────────────────────────────
Month total                                   $2,996

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/62676 is the state's own key, not one this site invented.