FERRELL, L.T.

Operated by CHAPPARAL OPERATING CO. (P-5 146225) in the L & H (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119863District 7BField 50504500NGPA filingCondensateGasSaveExport
Value, all time
$282 k
Jan 1993 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
401
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1985-12-03
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition43 bbl$3,633
GasProduction76,041 Mcf$278,227
Total$281,860

8,865 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 32.3756, -98.6497. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37561, -98.64969 · 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
3,594 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 3,594 ft.

Completions filed
Dec 1985
1 of 1 wells

1 well

42-1333622513,594 ftDec 1985

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 (401)

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

401 months

May 20260201106.413.05$612
Apr 2026018998.932.87$542
Mar 2026020289.753.15$636
Feb 2026018163.503.75$679
Jan 2026021859.138.00$1,744
Dec 2025020056.664.41$883
Nov 2025018258.593.93$715
Oct 2025019359.383.30$638
Sep 2025017762.743.08$545
Aug 2025019163.933.01$576
Jul 2025020566.743.32$680
Jun 2025020766.483.13$648
May 202509660.553.23$310
Apr 2025019862.363.54$702
Mar 2025021167.704.27$901
Feb 202506170.884.34$265
Jan 2025020574.324.28$877
Dec 2024020368.993.12$634
Nov 2024019269.052.20$422
Oct 2024022371.372.28$509
Sep 2024013769.612.36$324
Aug 2024015175.632.06$312
Jul 2024014479.932.15$309
Jun 2024015578.082.63$408
May 2024015078.812.20$330
Apr 2024013884.451.66$229
Mar 2024015980.301.55$246
Feb 2024014476.091.78$257
Jan 2024017373.023.30$571
Dec 2023017571.262.61$457
Nov 2023016277.892.81$455
Oct 2023016785.443.09$516
Sep 2023015289.042.74$416
Aug 2023014780.522.67$393
Jul 2023015774.852.64$415
Jun 2023015968.962.26$359
May 2023016770.622.23$372
Apr 2023012178.122.24$271
Mar 2023016472.852.39$392
Feb 2023014775.112.47$362
Jan 2023015676.533.39$528
Dec 2022014576.415.73$831
Nov 2022013385.005.65$751
Oct 2022014387.185.86$839
Sep 2022013184.888.16$1,069
Aug 2022017994.529.13$1,634
Jul 20220135101.587.54$1,018
Jun 20220143115.097.98$1,141
May 20220159109.378.43$1,341
Apr 20220126104.226.84$862
Mar 20220131108.885.08$665
Feb 2022011091.054.86$534
Jan 2022014781.844.54$667
Dec 2021016771.323.90$651
Nov 2021014877.435.24$775
Oct 2021021679.795.71$1,234
Sep 2021016569.865.35$883
Aug 2021018066.024.22$760
Jul 2021018170.783.98$721
Jun 2021015669.493.38$527
May 2021018763.483.02$564
Apr 2021015860.362.76$436
Mar 2021019661.302.72$533
Feb 2021019157.805.55$1,060
Jan 2021019250.412.81$540
Dec 2020051244.642.68$1,370
Nov 2020044738.772.71$1,210
Oct 2020029936.972.48$741
Sep 2020014037.091.99$279
Aug 2020014339.982.39$341
Jul 2020016538.371.83$301
Jun 2020017434.901.69$294
May 2020021216.921.81$385
Apr 2020016114.751.80$291
Mar 2020020730.341.86$384
Feb 2020018949.881.98$374
Jan 2020021357.252.09$446
Dec 2019017659.012.30$406
Nov 2019016955.302.75$465
Oct 2019022853.472.42$551
Sep 2019022255.052.66$590
Aug 2019024953.112.30$574
Jul 2019025256.272.46$620
Jun 2019017652.782.49$438
May 2019017658.482.74$482
Apr 2019016462.632.75$451
Mar 2019021056.803.06$643
Feb 2019017750.852.79$494
Jan 2019015646.033.23$504
Dec 2018012746.594.19$532
Nov 2018015252.934.24$644
Oct 2018018061.443.40$612
Sep 2018019759.543.11$612
Aug 2018019159.403.07$586
Jul 2018017365.142.93$507
Jun 2018014360.183.08$440
May 2018020565.382.90$595
Apr 2018016963.842.90$490
Mar 2018013161.222.79$365
Feb 2018015461.782.77$426
Jan 2018014262.874.01$569
Dec 201709057.272.92$263
Nov 2017013755.423.12$427
Oct 2017014649.292.98$436
Sep 2017014047.523.09$432
Aug 2017018945.373.00$568
Jul 2017012643.873.09$389
Jun 2017019442.493.09$599
May 2017013345.373.26$434
Apr 2017018647.933.21$597
Mar 2017020546.772.98$612
Feb 2017016250.452.95$478
Jan 2017016449.413.42$561
Dec 2016019848.763.72$737
Nov 2016021542.492.64$569
Oct 2016018146.193.09$559
Sep 2016029741.553.10$921
Aug 2016027841.442.92$813
Jul 2016032541.622.92$950
Jun 2016030345.352.69$814
May 2016018942.521.99$376
Apr 2016030336.561.99$603
Mar 2016027233.011.79$488
Feb 2016018026.472.06$371
Jan 2016025427.352.36$601
Dec 2015011732.362.00$234
Nov 2015028938.792.17$626
Oct 2015040043.552.43$971
Sep 2015030442.992.76$839
Aug 2015033440.162.87$959
Jul 2015032248.152.95$948
Jun 2015030656.152.88$882
May 2015027955.212.96$825
Apr 2015018949.822.71$512
Mar 2015023742.892.93$696
Feb 2015015844.662.98$470
Jan 2015028443.433.10$881
Dec 2014023954.693.59$858
Nov 2014017370.464.25$736
Oct 2014022178.303.90$862
Sep 2014028286.164.05$1,141
Aug 2014024789.394.04$997
Jul 2014030996.564.18$1,292
Jun 2014028698.164.74$1,355
May 2014017094.734.73$804
Apr 201409995.944.81$476
Mar 2014020795.895.06$1,047
Feb 2014020797.406.19$1,282
Jan 2014025090.404.86$1,215
Dec 2013022491.824.35$975
Nov 2013011088.853.74$411
Oct 2013022897.423.78$862
Sep 20130283104.113.72$1,052
Aug 20130297104.253.52$1,046
Jul 20130198102.523.72$736
Jun 2013025894.403.93$1,015
May 2013031594.834.15$1,307
Apr 2013018693.964.28$797
Mar 2013029993.623.91$1,170
Feb 2013019691.233.42$670
Jan 2013026791.603.42$913
Dec 2012022086.773.42$752
Nov 2012023786.953.62$859
Oct 2012024789.383.40$840
Sep 2012024294.672.92$706
Aug 2012027692.662.91$803
Jul 2012025885.133.02$779
Jun 2012023779.822.52$597
May 2012027091.612.49$672
Apr 20120341101.652.00$681
Mar 20120402105.052.22$893
Feb 20120274101.102.57$704
Jan 2012029398.092.73$801
Dec 2011032096.873.24$1,037
Nov 201137095.723.31$3,542
Oct 2011028784.983.65$1,047
Sep 2011025783.623.99$1,024
Aug 2011032683.404.15$1,353
Jul 2011028894.144.52$1,301
Jun 2011028792.904.64$1,332
May 2011022898.134.40$1,004
Apr 20110275105.964.33$1,192
Mar 2011026596.364.06$1,075
Feb 2011015385.644.18$640
Jan 2011020886.504.59$954
Dec 2010022185.734.35$961
Nov 2010012180.843.80$459
Oct 2010012178.103.51$425
Sep 2010023272.633.98$923
Aug 2010026073.684.42$1,149
Jul 2010026772.554.74$1,265
Jun 2010025070.364.91$1,228
May 2010024071.124.24$1,016
Apr 2010017781.694.12$730
Mar 201008278.394.39$360
Feb 2010016673.585.44$903
Jan 2010016774.365.96$996
Dec 2009021171.445.48$1,157
Nov 2009026874.593.75$1,005
Oct 2009027372.544.11$1,122
Sep 2009025065.543.06$766
Aug 2009025467.423.22$818
Jul 2009028161.133.46$974
Jun 2009033166.163.90$1,289
May 2009024254.743.93$950
Apr 2009029646.773.59$1,062
Mar 2009025442.144.06$1,031
Feb 2009027932.814.63$1,293
Jan 2009029335.865.37$1,574
Dec 2008026737.105.98$1,596
Nov 2008026755.496.86$1,832
Oct 2008033075.246.92$2,284
Sep 20080253101.767.88$1,993
Aug 20080316114.228.48$2,681
Jul 20080320131.0811.39$3,645
Jun 20080319131.3313.03$4,157
May 20080453123.1711.57$5,243
Apr 20080241110.3110.45$2,520
Mar 20080208101.909.66$2,010
Feb 2008017592.538.77$1,535
Jan 2008019190.388.21$1,567
Dec 2007019488.337.30$1,417
Nov 2007018091.677.29$1,313
Oct 2007020582.856.92$1,419
Sep 2007021175.846.24$1,318
Aug 2007021069.066.39$1,341
Jul 2007020770.906.39$1,322
Jun 2007020662.007.55$1,555
May 2007018558.747.85$1,452
Apr 2007017159.617.81$1,335
Mar 2007019156.927.30$1,395
Feb 2007016955.108.22$1,389
Jan 2007021150.306.73$1,419
Dec 2006019356.656.92$1,335
Nov 2006022054.207.62$1,676
Oct 2006022454.906.01$1,347
Sep 2006022060.085.04$1,108
Aug 2006022868.717.34$1,674
Jul 2006023369.376.34$1,478
Jun 2006020766.286.38$1,321
May 2006016766.016.42$1,073
Apr 2006010364.397.36$758
Mar 2006013756.707.08$970
Feb 2006010957.597.75$845
Jan 2006012160.598.93$1,081
Dec 2005012654.9413.42$1,690
Nov 2005012054.6910.59$1,271
Oct 2005010958.3413.80$1,504
Sep 2005010461.4512.08$1,256
Aug 2005010161.519.80$989
Jul 2005011755.697.84$918
Jun 2005011952.337.38$878
May 200509145.226.65$605
Apr 2005010349.207.36$758
Mar 2005010650.377.15$758
Feb 200509245.226.31$581
Jan 2005011243.166.32$708
Dec 2004011839.866.75$797
Nov 2004010745.286.33$677
Oct 2004012449.706.52$808
Sep 2004013343.245.28$703
Aug 2004014642.375.55$810
Jul 2004014338.286.08$870
Jun 2004014736.106.43$946
May 2004023537.486.49$1,526
Apr 200404234.475.86$246
Mar 2004023534.365.53$1,300
Feb 200405332.455.51$292
Jan 200405532.036.30$346
Dec 200303330.266.30$208
Nov 200304528.804.60$207
Oct 200309328.174.76$443
Sep 200308626.314.75$408
Aug 200309829.765.13$503
Jul 200308629.415.17$445
Jun 200308828.565.98$527
May 200309126.595.97$544
Apr 2003010726.675.41$579
Mar 200308631.146.10$524
Feb 200308233.487.93$650
Jan 2003011930.315.58$664
Dec 2002012326.914.85$597
Nov 2002013224.664.14$546
Oct 2002012826.464.23$541
Sep 2002012627.443.64$458
Aug 2002014525.963.16$459
Jul 2002015924.583.06$487
Jun 2002013923.733.34$464
May 2002015224.663.58$545
Apr 2002016423.653.51$576
Mar 2002017522.003.10$543
Feb 2002013418.222.38$318
Jan 2002015917.172.38$378
Dec 2001022316.932.36$527
Nov 20010018.072.41$0
Oct 2001018719.782.53$473
Sep 2001016924.262.25$380
Aug 2001016124.873.05$492
Jul 2001017323.933.20$553
Jun 2001017924.563.82$685
May 2001017325.524.31$745
Apr 2001016224.685.34$864
Mar 2001016224.545.38$871
Feb 2001014527.755.77$836
Jan 2001016527.478.40$1,386
Dec 2000018926.889.12$1,724
Nov 2000018032.215.66$1,018
Oct 2000020731.235.15$1,065
Sep 2000019331.875.19$1,001
Aug 2000019429.644.54$881
Jul 2000020228.534.09$826
Jun 2000021829.304.40$959
May 2000018627.263.68$684
Apr 2000013924.513.12$433
Mar 2000015228.422.86$435
Feb 2000015027.622.73$409
Jan 2000018925.272.48$469
Dec 1999015624.282.42$378
Nov 1999012323.192.43$299
Oct 1999019820.982.80$555
Sep 1999013721.752.62$359
Aug 1999022019.262.88$633
Jul 1999012817.892.37$304
Jun 1999011515.942.36$272
May 1999015115.792.32$350
Apr 1999012315.102.21$272
Mar 1999018012.471.84$331
Feb 199901709.981.82$309
Jan 1999018710.381.90$355
Dec 199801839.201.77$325
Nov 1998018510.892.19$404
Oct 1998018312.421.97$360
Sep 1998019012.592.08$396
Aug 1998022511.301.91$429
Jul 1998019911.742.24$445
Jun 1998017711.242.24$396
May 1998018412.622.21$406
Apr 1998017313.042.51$433
Mar 1998018012.802.31$416
Feb 1998016913.952.30$389
Jan 1998018214.702.15$392
Dec 1997017516.322.41$422
Nov 1997017418.193.09$537
Oct 1997018419.253.15$580
Sep 1997018017.742.95$532
Aug 1997018517.862.55$473
Jul 1997017717.582.25$398
Jun 1997018717.242.26$422
May 1997017018.972.31$392
Apr 1997016917.882.08$352
Mar 1997023018.951.94$446
Feb 1997020420.492.21$450
Jan 1997017123.483.54$605
Dec 1996014823.32$0
Nov 1996016921.97$0
Oct 1996018123.31$0
Sep 1996017822.22$0
Aug 1996018320.26$0
Jul 1996018019.55$0
Jun 1996017918.73$0
May 1996017719.43$0
Apr 1996017921.51$0
Mar 1996019519.38$0
Feb 1996018316.98$0
Jan 1996019717.07$0
Dec 1995020317.19$0
Nov 1995018716.00$0
Oct 1995020615.43$0
Sep 1995019516.18$0
Aug 1995018615.92$0
Jul 1995021315.24$0
Jun 1995024716.41$0
May 1995022017.56$0
Apr 1995018817.73$0
Mar 1995020716.44$0
Feb 1995019716.58$0
Jan 1995021515.92$0
Dec 1994017815.03$0
Nov 1994021815.90$0
Oct 1994020415.58$0
Sep 199403415.29$0
Aug 19940216.13$0
Jul 199406117.56$0
Jun 199409817.09$0
May 1994012915.88$0
Apr 1994014214.14$0
Mar 1994015412.46$0
Feb 1994015612.50$0
Jan 1994018212.66$0
Dec 1993017912.33$0
Nov 1993220114.49$29
Oct 1993026115.85$0
Sep 1993022515.03$0
Aug 1993420815.66$63
Jul 1993017615.46$0
Jun 1993021616.79$0
May 1993023517.68$0
Apr 1993029918.05$0
Mar 1993022118.14$0
Feb 1993020717.90$0
Jan 1993026616.93$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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  201 Mcf  × $  3.05 =       $612

────────────────────────────────────────────────────
Month total                                     $612

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. 7B/G/119863 is the state's own key, not one this site invented.