FERGUSON UNIT B
FERGUSON UNIT B is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Sheridan Production Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 57,450 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $870K, with roughly $154K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 168 barrels a month. Its strongest month on the record we hold was May 2016, at 850 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about FERGUSON UNIT B
- Who operates FERGUSON UNIT B?
- FERGUSON UNIT B is operated by Sheridan Production Company, LLC, Railroad Commission of Texas operator number 775854.
- Where is FERGUSON UNIT B?
- FERGUSON UNIT B is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70243.
- Is FERGUSON UNIT B still producing?
- FERGUSON UNIT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FERGUSON UNIT B is August 2026.
- How much has FERGUSON UNIT B produced?
- FERGUSON UNIT B has reported 57,450 barrels of oil (bbl) to the Railroad Commission of Texas between August 2014 and August 2026, from 1 wellbore.
- How much is FERGUSON UNIT B worth?
- The remaining production from FERGUSON UNIT B is estimated to be worth about $870K in total as of 26 August 2026, within a range of $679K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FERGUSON UNIT B is a fraction of it. The estimate fits an Arps decline curve to the production FERGUSON UNIT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FERGUSON UNIT B is an estimate of value, not an offer and not an appraisal.
- How much income does FERGUSON UNIT B generate in a year?
- FERGUSON UNIT B is forecast to net about $154K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FERGUSON UNIT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sheridan Production Company, LLC |
|---|---|
| Field | Tex-Mex, Se. (Wichita Albany) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 70243 |
| Wellbores | 1 |
| Reported production | 57,450 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $870K |
Where FERGUSON UNIT B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.