TERRY-TERRY UNIT

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

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 143967District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$5.9 M

Jan 1993 – Apr 2008

Value, last 12 filed months

$88 k

at the published price for each month

Months reported

184

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) 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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered

1978-08-01

as the register files it

Field class

Gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: “AMENDED DRILLING PERMITS, NOTICE, OR HEARING.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1994-10-26	130746
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	263,091 bbl	$4,572,890
Gas	Production	1,764,042 Mcf	$1,285,511
Total			$5,858,401

1,458,056 Mcf of this lease's gas, across 43 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 30.5568, -96.2201. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.55679, -96.22013 · 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

14,300 ft

1 wells filed one

Completion to plug

15.3 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 14,300 ft.

Completions filed

Dec 1992

1 of 1 wells

Plug dates filed

Apr 2008

1 of 1 wells

Last completion to plug: a median of 15.3 years across the 1 well that filed both dates, with the middle half between 15.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-04131544	1	14,300 ft	Dec 1992	Apr 2008	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 (184)

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

184 months


Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	64	48	92.53	8.77	$6,343
Jan 2008	70	0	90.38	8.21	$6,327
Dec 2007	0	104	88.33	7.30	$759
Nov 2007	0	590	91.67	7.29	$4,302
Oct 2007	146	1,034	82.85	6.92	$19,253
Sep 2007	0	1,239	75.84	6.24	$7,737
Aug 2007	0	1,202	69.06	6.39	$7,678
Jul 2007	178	1,007	70.90	6.39	$19,053
Jun 2007	0	1,114	62.00	7.55	$8,409
May 2007	6	1,031	58.74	7.85	$8,442
Apr 2007	183	896	59.61	7.81	$17,902
Mar 2007	0	1,226	56.92	7.30	$8,952
Feb 2007	0	1,076	55.10	8.22	$8,840
Jan 2007	189	752	50.30	6.73	$14,565
Dec 2006	4	1,101	56.65	6.92	$7,844
Nov 2006	7	1,330	54.20	7.62	$10,511
Oct 2006	180	1,000	54.90	6.01	$15,896
Sep 2006	3	1,176	60.08	5.04	$6,104
Aug 2006	0	1,163	68.71	7.34	$8,536
Jul 2006	184	1,164	69.37	6.34	$20,147
Jun 2006	7	1,239	66.28	6.38	$8,374
May 2006	8	1,567	66.01	6.42	$10,596
Apr 2006	189	1,458	64.39	7.36	$22,901
Mar 2006	5	1,370	56.70	7.08	$9,987
Feb 2006	181	1,293	57.59	7.75	$20,446
Jan 2006	7	1,542	60.59	8.93	$14,199
Dec 2005	170	2,192	54.94	13.42	$38,746
Nov 2005	187	1,944	54.69	10.59	$30,811
Oct 2005	8	1,728	58.34	13.80	$24,306
Sep 2005	5	1,673	61.45	12.08	$20,515
Aug 2005	4	1,939	61.51	9.80	$19,242
Jul 2005	186	2,188	55.69	7.84	$27,520
Jun 2005	2	2,013	52.33	7.38	$14,963
May 2005	188	2,339	45.22	6.65	$24,058
Apr 2005	9	2,108	49.20	7.36	$15,959
Mar 2005	189	2,535	50.37	7.15	$27,658
Feb 2005	188	1,395	45.22	6.31	$17,306
Jan 2005	5	1,739	43.16	6.32	$11,210
Dec 2004	171	1,857	39.86	6.75	$19,353
Nov 2004	6	2,059	45.28	6.33	$13,306
Oct 2004	192	2,270	49.70	6.52	$24,332
Sep 2004	185	2,394	43.24	5.28	$20,649
Aug 2004	199	3,533	42.37	5.55	$28,042
Jul 2004	194	3,714	38.28	6.08	$30,023
Jun 2004	13	3,018	36.10	6.43	$19,884
May 2004	347	3,315	37.48	6.49	$34,535
Apr 2004	19	2,856	34.47	5.86	$17,387
Mar 2004	380	1,942	34.36	5.53	$23,796
Feb 2004	18	2,404	32.45	5.51	$13,829
Jan 2004	212	3,557	32.03	6.30	$29,198
Dec 2003	396	3,188	30.26	6.30	$32,073
Nov 2003	203	2,030	28.80	4.60	$15,175
Oct 2003	12	1,568	28.17	4.76	$7,801
Sep 2003	0	127	26.31	4.75	$603
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	450	28.56	5.98	$2,692
May 2003	0	443	26.59	5.97	$2,646
Apr 2003	0	505	26.67	5.41	$2,731
Mar 2003	0	274	31.14	6.10	$1,670
Feb 2003	0	346	33.48	7.93	$2,742
Jan 2003	0	336	30.31	5.58	$1,876
Dec 2002	0	341	26.91	4.85	$1,655
Nov 2002	168	428	24.66	4.14	$5,914
Oct 2002	0	383	26.46	4.23	$1,620
Sep 2002	0	451	27.44	3.64	$1,639
Aug 2002	194	504	25.96	3.16	$6,631
Jul 2002	0	355	24.58	3.06	$1,087
Jun 2002	0	599	23.73	3.34	$2,000
May 2002	0	581	24.66	3.58	$2,082
Apr 2002	180	1,660	23.65	3.51	$10,087
Mar 2002	0	1,330	22.00	3.10	$4,127
Feb 2002	186	196	18.22	2.38	$3,855
Jan 2002	0	6	17.17	2.38	$14
Dec 2001	0	500	16.93	2.36	$1,182
Nov 2001	0	378	18.07	2.41	$909
Oct 2001	8	2,106	19.78	2.53	$5,484
Sep 2001	358	1,420	24.26	2.25	$11,882
Aug 2001	0	1,252	24.87	3.05	$3,823
Jul 2001	0	1,205	23.93	3.20	$3,852
Jun 2001	360	2,486	24.56	3.82	$18,348
May 2001	0	340	25.52	4.31	$1,464
Apr 2001	0	689	24.68	5.34	$3,676
Mar 2001	0	593	24.54	5.38	$3,188
Feb 2001	0	1,645	27.75	5.77	$9,487
Jan 2001	193	2,427	27.47	8.40	$25,686
Dec 2000	361	2,258	26.88	9.12	$30,302
Nov 2000	8	2,331	32.21	5.66	$13,446
Oct 2000	183	3,810	31.23	5.15	$25,319
Sep 2000	188	3,963	31.87	5.19	$26,546
Aug 2000	363	3,338	29.64	4.54	$25,916
Jul 2000	7	3,547	28.53	4.09	$14,706
Jun 2000	184	5,242	29.30	4.40	$28,442
May 2000	360	5,308	27.26	3.68	$29,346
Apr 2000	183	4,128	24.51	3.12	$17,348
Mar 2000	177	3,646	28.42	2.86	$15,457
Feb 2000	369	5,298	27.62	2.73	$24,637
Jan 2000	0	2,462	25.27	2.48	$6,107
Dec 1999	297	1,095	24.28	2.42	$9,865
Nov 1999	0	1,124	23.19	2.43	$2,736
Oct 1999	0	1,091	20.98	2.80	$3,059
Sep 1999	0	550	21.75	2.62	$1,440
Aug 1999	0	1,188	19.26	2.88	$3,416
Jul 1999	351	2,094	17.89	2.37	$11,247
Jun 1999	0	1,052	15.94	2.36	$2,485
May 1999	0	1,398	15.79	2.32	$3,245
Apr 1999	193	1,381	15.10	2.21	$5,964
Mar 1999	186	1,516	12.47	1.84	$5,106
Feb 1999	187	2,456	9.98	1.82	$6,331
Jan 1999	184	1,707	10.38	1.90	$5,153
Dec 1998	187	1,690	9.20	1.77	$4,717
Nov 1998	193	1,308	10.89	2.19	$4,961
Oct 1998	0	1,441	12.42	1.97	$2,838
Sep 1998	183	1,607	12.59	2.08	$5,651
Aug 1998	177	1,547	11.30	1.91	$4,951
Jul 1998	0	1,438	11.74	2.24	$3,217
Jun 1998	170	1,676	11.24	2.24	$5,660
May 1998	372	6,312	12.62	2.21	$18,621
Apr 1998	362	7,755	13.04	2.51	$24,149
Mar 1998	563	6,998	12.80	2.31	$23,368
Feb 1998	200	6,242	13.95	2.30	$17,141
Jan 1998	547	9,011	14.70	2.15	$27,458
Dec 1997	369	3,985	16.32	2.41	$15,630
Nov 1997	357	6,535	18.19	3.09	$26,676
Oct 1997	524	6,726	19.25	3.15	$31,273
Sep 1997	195	7,533	17.74	2.95	$25,718
Aug 1997	367	7,625	17.86	2.55	$26,035
Jul 1997	383	9,250	17.58	2.25	$27,517
Jun 1997	720	7,523	17.24	2.26	$29,394
May 1997	548	7,005	18.97	2.31	$26,567
Apr 1997	730	7,349	17.88	2.08	$28,359
Mar 1997	376	7,314	18.95	1.94	$21,308
Feb 1997	366	6,056	20.49	2.21	$20,858
Jan 1997	748	5,501	23.48	3.54	$37,035
Dec 1996	382	4,948	23.32	—	$8,908
Nov 1996	600	4,324	21.97	—	$13,182
Oct 1996	410	5,260	23.31	—	$9,557
Sep 1996	590	7,421	22.22	—	$13,110
Aug 1996	768	10,705	20.26	—	$15,560
Jul 1996	719	11,224	19.55	—	$14,056
Jun 1996	364	8,169	18.73	—	$6,818
May 1996	767	10,240	19.43	—	$14,903
Apr 1996	953	10,767	21.51	—	$20,499
Mar 1996	392	6,412	19.38	—	$7,597
Feb 1996	767	4,578	16.98	—	$13,024
Jan 1996	612	3,859	17.07	—	$10,447
Dec 1995	1,729	14,590	17.19	—	$29,722
Nov 1995	0	637	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	2	17.56	—	$0
Apr 1995	1,134	10,432	17.73	—	$20,106
Mar 1995	1,304	11,113	16.44	—	$21,438
Feb 1995	1,171	11,610	16.58	—	$19,415
Jan 1995	1,322	10,813	15.92	—	$21,046
Dec 1994	1,314	11,373	15.03	—	$19,749
Nov 1994	1,538	13,151	15.90	—	$24,454
Oct 1994	1,539	13,964	15.58	—	$23,978
Sep 1994	1,696	13,960	15.29	—	$25,932
Aug 1994	1,854	15,772	16.13	—	$29,905
Jul 1994	1,969	13,789	17.56	—	$34,576
Jun 1994	2,002	14,233	17.09	—	$34,214
May 1994	2,535	18,250	15.88	—	$40,256
Apr 1994	2,713	23,103	14.14	—	$38,362
Mar 1994	3,625	28,525	12.46	—	$45,168
Feb 1994	3,458	26,965	12.50	—	$43,225
Jan 1994	3,677	35,925	12.66	—	$46,551
Dec 1993	5,673	42,329	12.33	—	$69,948
Nov 1993	6,525	41,289	14.49	—	$94,547
Oct 1993	9,389	69,983	15.85	—	$148,816
Sep 1993	8,937	67,902	15.03	—	$134,323
Aug 1993	13,948	102,694	15.66	—	$218,426
Jul 1993	19,218	101,775	15.46	—	$297,110
Jun 1993	28,329	126,052	16.79	—	$475,644
May 1993	15,206	74,319	17.68	—	$268,842
Apr 1993	16,141	113,913	18.05	—	$291,345
Mar 1993	19,034	96,468	18.14	—	$345,277
Feb 1993	25,960	114,503	17.90	—	$464,684
Jan 1993	33,463	130,715	16.93	—	$566,529

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.

Feb 2008 — as filed, then multipliedworked

Condensate            64 bbl  × $ 92.53 =     $5,922
Gas                   48 Mcf  × $  8.77 =       $421

────────────────────────────────────────────────────
Month total                                   $6,343

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. 03/G/143967 is the state's own key, not one this site invented.