FERGUSON -A-

Operated by BLUEBONNET LAND & CATTLE CO. (P-5 76837) in the F. B. T. (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16588District 09Field 29866500OilCasinghead gasSaveExport
Value, all time
$65 k
Jan 1993 – Oct 2006
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
166
no gaps in the span
Streams
2
oil, casinghead 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 leases and 4 wells, and the rule below applies to all of them.

Discovered
1971-08-01
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: NFD - NO DISC.

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
OilDisposition3,047 bbl$62,290
Casinghead gasProduction3,606 Mcf$2,345
Total$64,635

2,841 Mcf of this lease's gas, across 46 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 (2)

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 33.2914, -98.4551. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.29143, -98.45506 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,120 ft
2 wells filed one
Completion to plug
36.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 5,100 and 5,140 ft, median 5,120 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1968 – Aug 1971
2 of 2 wells
Plug dates filed
Aug 2006
2 of 2 wells

Last completion to plug: a median of 36.5 years across the 2 wells that filed both dates, with the middle half between 35.8 years and 37.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-503304652 L5,140 ftAug 1971Aug 2006Yes
42-5032008215,100 ftAug 1968Aug 2006Yes

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 (166)

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

166 months

Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 200680069.376.34$5,550
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 200322028.565.98$628
May 20030026.595.97$0
Apr 200326026.675.41$693
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 200327030.315.58$818
Dec 20020026.914.85$0
Nov 200237024.664.14$912
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020225.963.16$6
Jul 20020224.583.06$6
Jun 200223923.733.34$576
May 20020524.663.58$18
Apr 20020223.653.51$7
Mar 20020922.003.10$28
Feb 200224618.222.38$452
Jan 20020317.172.38$7
Dec 200127016.932.36$457
Nov 20010018.072.41$0
Oct 200127219.782.53$539
Sep 20010424.262.25$9
Aug 200126324.873.05$656
Jul 20010323.933.20$10
Jun 200126224.563.82$646
May 20010525.524.31$22
Apr 200127624.685.34$698
Mar 20010524.545.38$27
Feb 200163527.755.77$1,777
Jan 200101327.478.40$109
Dec 2000921426.889.12$2,601
Nov 200066032.215.66$2,126
Oct 20000531.235.15$26
Sep 20000831.875.19$41
Aug 2000781629.644.54$2,385
Jul 20000728.534.09$29
Jun 2000912029.304.40$2,754
May 200001027.263.68$37
Apr 2000792324.513.12$2,008
Mar 200002528.422.86$71
Feb 200023727.622.73$654
Jan 200002625.272.48$64
Dec 1999874524.282.42$2,221
Nov 199904623.192.43$112
Oct 199940920.982.80$864
Sep 19990421.752.62$10
Aug 199977219.262.88$1,489
Jul 199902417.892.37$57
Jun 1999793515.942.36$1,342
May 199904015.792.32$93
Apr 1999934615.102.21$1,506
Mar 19990712.471.84$13
Feb 19997009.981.82$699
Jan 199986010.381.90$893
Dec 1998009.201.77$0
Nov 199892010.892.19$1,002
Oct 19980012.421.97$0
Sep 199824012.592.08$302
Aug 199825011.301.91$283
Jul 199821011.742.24$247
Jun 199826011.242.24$292
May 19980012.622.21$0
Apr 199821013.042.51$274
Mar 199818012.802.31$230
Feb 199827013.952.30$377
Jan 199801514.702.15$32
Dec 1997221416.322.41$393
Nov 1997252218.193.09$523
Oct 199704119.253.15$129
Sep 1997193117.742.95$429
Aug 1997212917.862.55$449
Jul 1997251717.582.25$478
Jun 1997252417.242.26$485
May 19970418.972.31$9
Apr 1997251017.882.08$468
Mar 199726418.951.94$500
Feb 199701520.492.21$33
Jan 1997213423.483.54$613
Dec 199685223.32$187
Nov 1996011921.97$0
Oct 19969313823.31$2,168
Sep 1996010522.22$0
Aug 1996264020.26$527
Jul 199604219.55$0
Jun 1996256518.73$468
May 1996846219.43$1,632
Apr 1996249221.51$516
Mar 1996010219.38$0
Feb 199624016.98$408
Jan 19962714017.07$461
Dec 199508017.19$0
Nov 19952311316.00$368
Oct 1995267515.43$401
Sep 199504916.18$0
Aug 1995252015.92$398
Jul 199525015.24$381
Jun 1995251616.41$410
May 199502017.56$0
Apr 19958811417.73$1,560
Mar 1995854816.44$1,397
Feb 199509016.58$0
Jan 1995473515.92$748
Dec 1994263415.03$391
Nov 199402915.90$0
Oct 1994273315.58$421
Sep 1994263015.29$398
Aug 1994274916.13$436
Jul 199405717.56$0
Jun 1994255417.09$427
May 1994544815.88$858
Apr 199404914.14$0
Mar 1994274512.46$336
Feb 1994274412.50$338
Jan 1994275312.66$342
Dec 199305312.33$0
Nov 1993284414.49$406
Oct 1993256515.85$396
Sep 1993516415.03$767
Aug 199306315.66$0
Jul 1993276515.46$417
Jun 1993276416.79$453
May 1993276017.68$477
Apr 199306418.05$0
Mar 1993275118.14$490
Feb 1993284617.90$501
Jan 1993276016.93$457

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.

Jul 2006 — as filed, then multipliedworked
Oil                   80 bbl  × $ 69.37 =     $5,550
Casinghead gas         0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                   $5,550

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/O/16588 is the state's own key, not one this site invented.