FERRELL, M. E.

Operated by PURSLEY, JOHN (P-5 683191) in the JACKSBORO, SE. (5270) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 77614District 09Field 45379500NGPA filingCondensateGasSaveExport
Value, all time
$331 k
Jan 1993 – Dec 2013
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
252
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 10 leases and 11 wells, and the rule below applies to all of them.

Discovered
1978-04-01
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
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: MULTI-49-B EFF 7-1-79 PER ORDER #9-71754

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
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
CondensateDisposition337 bbl$14,060
GasProduction106,229 Mcf$316,740
Total$330,799

40,707 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 33.1773, -98.1645. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.17730, -98.16453 · 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
5,388 ft
1 wells filed one
Completion to plug
34.8 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 5,388 ft.

Completions filed
Jun 1978
1 of 1 wells
Plug dates filed
Mar 2013
1 of 1 wells

Last completion to plug: a median of 34.8 years across the 1 well that filed both dates, with the middle half between 34.8 years and 34.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373223625,388 ftJun 1978Mar 2013Yes

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 (252)

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

252 months

Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201323097.423.78$2,241
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201206398.092.73$172
Dec 20110096.873.24$0
Nov 2011015095.723.31$497
Oct 2011236084.983.65$1,483
Sep 2011232083.623.99$1,443
Aug 201119983.404.15$494
Jul 2011210194.144.52$645
Jun 2011310692.904.64$771
May 201128598.134.40$571
Apr 20112142105.964.33$827
Mar 2011018096.364.06$730
Feb 2011013285.644.18$552
Jan 2011035686.504.59$1,634
Dec 2010015885.734.35$687
Nov 2010016380.843.80$619
Oct 2010016678.103.51$582
Sep 2010213372.633.98$675
Aug 2010125673.684.42$1,205
Jul 2010029572.554.74$1,397
Jun 2010127470.364.91$1,416
May 2010022971.124.24$970
Apr 2010041881.694.12$1,723
Mar 2010133178.394.39$1,531
Feb 2010019473.585.44$1,056
Jan 2010038474.365.96$2,290
Dec 2009043771.445.48$2,396
Nov 2009038674.593.75$1,448
Oct 2009039572.544.11$1,624
Sep 2009337765.543.06$1,352
Aug 2009124067.423.22$840
Jul 2009048261.133.46$1,670
Jun 2009151366.163.90$2,064
May 2009057854.743.93$2,269
Apr 2009445446.773.59$1,816
Mar 2009350742.144.06$2,184
Feb 2009246732.814.63$2,229
Jan 2009154835.865.37$2,979
Dec 2008044037.105.98$2,630
Nov 2008253555.496.86$3,781
Oct 2008247275.246.92$3,418
Sep 20080483101.767.88$3,805
Aug 20080457114.228.48$3,877
Jul 20083364131.0811.39$4,539
Jun 20080281131.3313.03$3,662
May 2008082123.1711.57$949
Apr 20081185110.3110.45$2,044
Mar 20081439101.909.66$4,344
Feb 2008036392.538.77$3,184
Jan 2008542690.388.21$3,948
Dec 2007147588.337.30$3,557
Nov 2007245091.677.29$3,465
Oct 2007153882.856.92$3,807
Sep 2007141975.846.24$2,692
Aug 2007036069.066.39$2,300
Jul 2007026470.906.39$1,686
Jun 2007141262.007.55$3,172
May 2007045358.747.85$3,554
Apr 2007133759.617.81$2,690
Mar 2007033356.927.30$2,432
Feb 2007031555.108.22$2,588
Jan 2007139050.306.73$2,674
Dec 2006148456.656.92$3,405
Nov 2006035854.207.62$2,727
Oct 2006139354.906.01$2,418
Sep 2006238360.085.04$2,049
Aug 2006042868.717.34$3,141
Jul 2006127869.376.34$1,833
Jun 2006119366.286.38$1,298
May 2006019566.016.42$1,253
Apr 2006019964.397.36$1,465
Mar 2006022056.707.08$1,558
Feb 2006119457.597.75$1,561
Jan 2006124360.598.93$2,231
Dec 2005422854.9413.42$3,278
Nov 2005422154.6910.59$2,559
Oct 2005037758.3413.80$5,201
Sep 2005029661.4512.08$3,575
Aug 2005023261.519.80$2,273
Jul 2005644055.697.84$3,785
Jun 2005136352.337.38$2,732
May 2005043045.226.65$2,860
Apr 2005342349.207.36$3,261
Mar 2005440850.377.15$3,121
Feb 2005037145.226.31$2,342
Jan 2005038643.166.32$2,440
Dec 2004240639.866.75$2,821
Nov 2004032045.286.33$2,026
Oct 2004018349.706.52$1,192
Sep 2004131243.245.28$1,692
Aug 2004435442.375.55$2,134
Jul 2004231338.286.08$1,981
Jun 2004430136.106.43$2,081
May 2004142537.486.49$2,798
Apr 2004141634.475.86$2,472
Mar 2004443134.365.53$2,521
Feb 2004129132.455.51$1,636
Jan 2004529632.036.30$2,025
Dec 2003337130.266.30$2,429
Nov 2003141228.804.60$1,922
Oct 2003443628.174.76$2,188
Sep 2003344126.314.75$2,173
Aug 2003137129.765.13$1,933
Jul 2003036129.415.17$1,867
Jun 2003027328.565.98$1,633
May 2003037726.595.97$2,252
Apr 2003035226.675.41$1,903
Mar 2003441031.146.10$2,624
Feb 2003141933.487.93$3,354
Jan 2003347330.315.58$2,731
Dec 2002150426.914.85$2,473
Nov 2002445524.664.14$1,981
Oct 2002028526.464.23$1,205
Sep 2002016627.443.64$603
Aug 2002041125.963.16$1,300
Jul 2002043624.583.06$1,335
Jun 2002041123.733.34$1,372
May 2002438824.663.58$1,489
Apr 2002359123.653.51$2,147
Mar 2002175622.003.10$2,368
Feb 2002566918.222.38$1,680
Jan 2002379317.172.38$1,935
Dec 2001389116.932.36$2,157
Nov 2001458818.072.41$1,487
Oct 2001294619.782.53$2,432
Sep 200141,00724.262.25$2,364
Aug 2001197324.873.05$2,996
Jul 200121,39223.933.20$4,498
Jun 200101,74524.563.82$6,673
May 20011271,58125.524.31$10,051
Apr 2001036724.685.34$1,958
Mar 200109224.545.38$495
Feb 2001011827.755.77$681
Jan 2001010727.478.40$899
Dec 2000011426.889.12$1,040
Nov 2000011732.215.66$662
Oct 2000012131.235.15$623
Sep 2000011731.875.19$607
Aug 2000013729.644.54$622
Jul 2000019028.534.09$777
Jun 2000015029.304.40$660
May 2000014327.263.68$526
Apr 2000016724.513.12$520
Mar 2000023028.422.86$658
Feb 2000012427.622.73$338
Jan 2000014825.272.48$367
Dec 1999016324.282.42$395
Nov 1999015123.192.43$368
Oct 1999014020.982.80$393
Sep 1999014721.752.62$385
Aug 1999022819.262.88$656
Jul 1999018017.892.37$427
Jun 1999019315.942.36$456
May 1999019015.792.32$441
Apr 1999018215.102.21$402
Mar 1999020212.471.84$371
Feb 199902649.981.82$480
Jan 1999039910.381.90$758
Dec 199802859.201.77$505
Nov 1998031410.892.19$686
Oct 1998033112.421.97$652
Sep 1998032412.592.08$675
Aug 1998037011.301.91$706
Jul 1998033611.742.24$752
Jun 1998033511.242.24$749
May 1998026912.622.21$594
Apr 1998020513.042.51$514
Mar 1998033712.802.31$778
Feb 1998032713.952.30$752
Jan 1998038914.702.15$838
Dec 1997041916.322.41$1,010
Nov 1997044618.193.09$1,377
Oct 1997046319.253.15$1,458
Sep 1997042017.742.95$1,241
Aug 1997044917.862.55$1,147
Jul 1997047317.582.25$1,063
Jun 1997051917.242.26$1,171
May 1997046818.972.31$1,080
Apr 1997046417.882.08$966
Mar 1997050018.951.94$970
Feb 1997056820.492.21$1,253
Jan 1997040323.483.54$1,427
Dec 1996053023.32$0
Nov 1996053721.97$0
Oct 1996055023.31$0
Sep 1996050622.22$0
Aug 1996056220.26$0
Jul 1996063419.55$0
Jun 1996049518.73$0
May 1996051319.43$0
Apr 1996053821.51$0
Mar 1996045419.38$0
Feb 1996049916.98$0
Jan 1996059017.07$0
Dec 199501,04817.19$0
Nov 1995084716.00$0
Oct 199501,01015.43$0
Sep 1995067416.18$0
Aug 1995069515.92$0
Jul 19951897215.24$274
Jun 1995095916.41$0
May 199501,04117.56$0
Apr 1995097417.73$0
Mar 1995089916.44$0
Feb 1995080316.58$0
Jan 1995091715.92$0
Dec 1994069015.03$0
Nov 1994075815.90$0
Oct 1994091115.58$0
Sep 1994059315.29$0
Aug 1994092016.13$0
Jul 1994089717.56$0
Jun 1994090217.09$0
May 1994099215.88$0
Apr 1994097014.14$0
Mar 1994095812.46$0
Feb 1994087812.50$0
Jan 1994085112.66$0
Dec 1993091912.33$0
Nov 1993091414.49$0
Oct 199301,12915.85$0
Sep 199301,03815.03$0
Aug 199301,14015.66$0
Jul 199301,15615.46$0
Jun 199311,15316.79$17
May 199301,21717.68$0
Apr 199301,28818.05$0
Mar 199301,34618.14$0
Feb 1993065917.90$0
Jan 199301,18116.93$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.

Oct 2013 — as filed, then multipliedworked
Condensate            23 bbl  × $ 97.42 =     $2,241
Gas                    0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                   $2,241

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/77614 is the state's own key, not one this site invented.