TERRELL

Operated by REDBUD E & P, INC. (P-5 696678) in the CLAY, NE (AUSTIN CHALK 11350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 153348District 03Field 187050702 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Sep 1994 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
381
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1981-07-23
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1992-06-08.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 2-1-95.

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
High Cost Gas111995-06-16131405
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
CondensateDisposition5,027 bbl$97,130
GasProduction2,115,886 Mcf$2,214,070
Total$2,311,201

1,589,734 Mcf of this lease's gas, across 28 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 30.3613, -96.2721. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.36128, -96.27210 · 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
16,617 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 16,617 ft.

Completions filed
Sep 1994
1 of 1 wells

1 well

42-041318291H16,617 ftSep 1994

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 (381)

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

381 months

May 2026048106.413.05$146
Apr 202604698.932.87$132
Mar 202604289.753.15$132
Feb 202604063.503.75$150
Jan 202604259.138.00$336
Dec 202504656.664.41$203
Nov 202505158.593.93$200
Oct 202505359.383.30$175
Sep 202504162.743.08$126
Aug 202508163.933.01$244
Jul 202504666.743.32$153
Jun 202503266.483.13$100
May 202502960.553.23$94
Apr 202503362.363.54$117
Mar 202503567.704.27$149
Feb 202504670.884.34$200
Jan 202505374.324.28$227
Dec 202404668.993.12$144
Nov 202404769.052.20$103
Oct 202404671.372.28$105
Sep 202404369.612.36$102
Aug 202404575.632.06$93
Jul 202404379.932.15$92
Jun 202404078.082.63$105
May 202403978.812.20$86
Apr 202402784.451.66$45
Mar 202404680.301.55$71
Feb 202405376.091.78$95
Jan 202405873.023.30$191
Dec 20230971.262.61$24
Nov 202304477.892.81$124
Oct 202304585.443.09$139
Sep 202304289.042.74$115
Aug 202306480.522.67$171
Jul 202304874.852.64$127
Jun 202306768.962.26$151
May 2023012570.622.23$278
Apr 202307578.122.24$168
Mar 202309472.852.39$225
Feb 202303975.112.47$96
Jan 202304276.533.39$142
Dec 202203976.415.73$223
Nov 202206485.005.65$361
Oct 202203087.185.86$176
Sep 2022010384.888.16$841
Aug 202205994.529.13$539
Jul 2022053101.587.54$400
Jun 2022058115.097.98$463
May 2022056109.378.43$472
Apr 2022065104.226.84$444
Mar 2022070108.885.08$355
Feb 202208391.054.86$403
Jan 2022010181.844.54$458
Dec 202109671.323.90$374
Nov 2021010477.435.24$545
Oct 202109179.795.71$520
Sep 2021010069.865.35$535
Aug 202109666.024.22$405
Jul 202109870.783.98$390
Jun 202109769.493.38$328
May 2021010063.483.02$302
Apr 2021010860.362.76$298
Mar 2021010761.302.72$291
Feb 2021014257.805.55$788
Jan 2021011950.412.81$334
Dec 2020011844.642.68$316
Nov 2020010538.772.71$284
Oct 2020013236.972.48$327
Sep 2020012437.091.99$247
Aug 2020013039.982.39$310
Jul 2020021438.371.83$391
Jun 202008934.901.69$150
May 2020016816.921.81$305
Apr 2020012914.751.80$233
Mar 2020045130.341.86$837
Feb 202003,32949.881.98$6,594
Jan 202001157.252.09$23
Dec 20191612,23359.012.30$29,133
Nov 201907,55055.302.75$20,768
Oct 201901,47353.472.42$3,563
Sep 20190055.052.66$0
Aug 2019032553.112.30$749
Jul 20190056.272.46$0
Jun 2019043752.782.49$1,089
May 20190858.482.74$22
Apr 201902062.632.75$55
Mar 201905556.803.06$168
Feb 201906750.852.79$187
Jan 2019017446.033.23$562
Dec 2018035946.594.19$1,503
Nov 2018146752.934.24$2,032
Oct 201834,70261.443.40$16,162
Sep 20182259.543.11$125
Aug 2018042859.403.07$1,312
Jul 20180465.142.93$12
Jun 2018023260.183.08$714
May 20180065.382.90$0
Apr 2018024363.842.90$705
Mar 20180961.222.79$25
Feb 2018045761.782.77$1,264
Jan 201801062.874.01$40
Dec 2017047257.272.92$1,379
Nov 2017011055.423.12$343
Oct 2017022849.292.98$680
Sep 2017035447.523.09$1,093
Aug 2017016045.373.00$481
Jul 2017015743.873.09$485
Jun 2017025642.493.09$790
May 201707045.373.26$228
Apr 2017028347.933.21$909
Mar 2017029846.772.98$889
Feb 2017011550.452.95$340
Jan 201705949.413.42$202
Dec 2016032948.763.72$1,225
Nov 2016022942.492.64$606
Oct 2016011746.193.09$362
Sep 2016027841.553.10$862
Aug 2016010641.442.92$310
Jul 2016027241.622.92$795
Jun 2016028345.352.69$760
May 201602542.521.99$50
Apr 2016014436.561.99$287
Mar 2016056833.011.79$1,019
Feb 20160026.472.06$0
Jan 2016025827.352.36$610
Dec 2015031832.362.00$636
Nov 2015028938.792.17$626
Oct 2015052043.552.43$1,262
Sep 201501,19742.992.76$3,302
Aug 20150040.162.87$0
Jul 20150548.152.95$15
Jun 20150056.152.88$0
May 20150755.212.96$21
Apr 201503549.822.71$95
Mar 201504842.892.93$141
Feb 201507744.662.98$229
Jan 2015025543.433.10$791
Dec 2014034054.693.59$1,221
Nov 2014038970.464.25$1,654
Oct 2014021678.303.90$843
Sep 2014033086.164.05$1,335
Aug 2014018489.394.04$742
Jul 2014027696.564.18$1,154
Jun 2014030898.164.74$1,459
May 2014029494.734.73$1,390
Apr 2014025995.944.81$1,246
Mar 2014013895.895.06$698
Feb 2014024097.406.19$1,486
Jan 2014028290.404.86$1,371
Dec 2013029091.824.35$1,263
Nov 2013019488.853.74$725
Oct 2013029597.423.78$1,115
Sep 20130318104.113.72$1,182
Aug 20130336104.253.52$1,184
Jul 20130275102.523.72$1,022
Jun 2013030794.403.93$1,208
May 2013023894.834.15$987
Apr 201308993.964.28$381
Mar 201309193.623.91$356
Feb 2013020191.233.42$687
Jan 2013024291.603.42$828
Dec 2012024886.773.42$848
Nov 2012027586.953.62$997
Oct 2012030889.383.40$1,047
Sep 201208294.672.92$239
Aug 2012027792.662.91$806
Jul 2012028485.133.02$858
Jun 2012021079.822.52$529
May 2012024891.612.49$617
Apr 20120192101.652.00$383
Mar 20120251105.052.22$558
Feb 20120285101.102.57$733
Jan 2012028798.092.73$785
Dec 2011028096.873.24$907
Nov 2011035295.723.31$1,166
Oct 2011028984.983.65$1,054
Sep 2011023383.623.99$929
Aug 2011030483.404.15$1,261
Jul 2011035694.144.52$1,608
Jun 201101,05592.904.64$4,895
May 2011091698.134.40$4,035
Apr 20110844105.964.33$3,657
Mar 2011401,41496.364.06$9,591
Feb 2011068785.644.18$2,872
Jan 2011070686.504.59$3,240
Dec 201001,19785.734.35$5,204
Nov 2010049480.843.80$1,875
Oct 2010094878.103.51$3,326
Sep 201001,15572.633.98$4,596
Aug 2010431,81873.684.42$11,203
Jul 201001,90772.554.74$9,032
Jun 201002,13370.364.91$10,474
May 201002,35771.124.24$9,982
Apr 201001,63581.694.12$6,741
Mar 201002,65078.394.39$11,630
Feb 201001,51973.585.44$8,267
Jan 201002,15074.365.96$12,823
Dec 200903,94871.445.48$21,650
Nov 200901,05474.593.75$3,954
Oct 2009058972.544.11$2,421
Sep 2009063565.543.06$1,946
Aug 2009035267.423.22$1,133
Jul 20096459361.133.46$5,967
Jun 200902,72366.163.90$10,606
May 2009134154.743.93$1,393
Apr 2009188046.773.59$3,204
Mar 2009099242.144.06$4,027
Feb 2009048832.814.63$2,261
Jan 200901,00035.865.37$5,371
Dec 200801,48737.105.98$8,888
Nov 200801,54455.496.86$10,592
Oct 200801,79275.246.92$12,404
Sep 20080933101.767.88$7,349
Aug 200801,023114.228.48$8,678
Jul 20080677131.0811.39$7,711
Jun 200801,379131.3313.03$17,972
May 200811,305123.1711.57$15,228
Apr 200801,246110.3110.45$13,027
Mar 200811,645101.909.66$15,999
Feb 200801,39092.538.77$12,191
Jan 200801,31690.388.21$10,799
Dec 200701,75188.337.30$12,786
Nov 2007097891.677.29$7,131
Oct 200702,00082.856.92$13,844
Sep 200702,24175.846.24$13,993
Aug 200721,89769.066.39$12,256
Jul 200711,96570.906.39$12,623
Jun 200701,77762.007.55$13,414
May 200702,30858.747.85$18,109
Apr 200701,68759.617.81$13,167
Mar 200712,86256.927.30$20,955
Feb 200711,58855.108.22$13,102
Jan 200702,05050.306.73$13,790
Dec 200602,23156.656.92$15,435
Nov 200602,28054.207.62$17,368
Oct 200611,79754.906.01$10,862
Sep 200602,29160.085.04$11,540
Aug 200612,46768.717.34$18,176
Jul 200612,17469.376.34$13,859
Jun 200612,97166.286.38$19,033
May 200602,01266.016.42$12,927
Apr 200613,50064.397.36$25,826
Mar 200607,54656.707.08$53,448
Feb 200603,28657.597.75$25,470
Jan 200603,08060.598.93$27,515
Dec 200521,48554.9413.42$20,032
Nov 200501,81754.6910.59$19,239
Oct 200511,65858.3413.80$22,932
Sep 200502,21561.4512.08$26,755
Aug 200502,15261.519.80$21,083
Jul 2005061855.697.84$4,847
Jun 200523,63252.337.38$26,913
May 200501,77645.226.65$11,812
Apr 2005037649.207.36$2,768
Mar 200552,76950.377.15$20,064
Feb 2005029745.226.31$1,875
Jan 200501,76743.166.32$11,171
Dec 200411,81839.866.75$12,313
Nov 200411,99445.286.33$12,668
Oct 200406,46449.706.52$42,114
Sep 200408043.245.28$423
Aug 200401042.375.55$56
Jul 200411,50838.286.08$9,213
Jun 200401,37936.106.43$8,871
May 200402,75037.486.49$17,860
Apr 200403,95234.475.86$23,153
Mar 200404,99134.365.53$27,601
Feb 20040532.455.51$28
Jan 2004050432.036.30$3,175
Dec 2003098930.266.30$6,232
Nov 2003092628.804.60$4,255
Oct 2003082528.174.76$3,927
Sep 200301,23026.314.75$5,842
Aug 200302,06729.765.13$10,603
Jul 200301,60029.415.17$8,273
Jun 200301,63428.565.98$9,776
May 200302,94226.595.97$17,572
Apr 200303,41926.675.41$18,487
Mar 200304,12831.146.10$25,164
Feb 200302,82733.487.93$22,406
Jan 200304,34530.315.58$24,254
Dec 200204,75426.914.85$23,075
Nov 200202,82824.664.14$11,699
Oct 200204,73826.464.23$20,038
Sep 200203,77327.443.64$13,716
Aug 200204,76025.963.16$15,061
Jul 200201,57924.583.06$4,835
Jun 200201,77423.733.34$5,922
May 200203,61324.663.58$12,949
Apr 200202,75223.653.51$9,666
Mar 200203,98522.003.10$12,364
Feb 2002091418.222.38$2,171
Jan 200203,50817.172.38$8,334
Dec 200101,25716.932.36$2,972
Nov 200102,72018.072.41$6,543
Oct 200103919.782.53$99
Sep 200101,10824.262.25$2,494
Aug 200101,31124.873.05$4,003
Jul 200102,22423.933.20$7,110
Jun 200102,22924.563.82$8,524
May 200104,14125.524.31$17,837
Apr 200101,53524.685.34$8,190
Mar 200101,51324.545.38$8,135
Feb 200101,44027.755.77$8,305
Jan 200101,81027.478.40$15,202
Dec 200002,07026.889.12$18,884
Nov 200001,77332.215.66$10,032
Oct 200003,97231.235.15$20,438
Sep 200001,74431.875.19$9,045
Aug 200001,90029.644.54$8,627
Jul 200002,66928.534.09$10,916
Jun 200002,31829.304.40$10,193
May 200002,85727.263.68$10,513
Apr 200003,20124.513.12$9,974
Mar 200002,04728.422.86$5,854
Feb 200002,22027.622.73$6,053
Jan 200001,94725.272.48$4,830
Dec 199901,98224.282.42$4,804
Nov 199901,95223.192.43$4,751
Oct 199901,96020.982.80$5,495
Sep 19991292,90421.752.62$10,411
Aug 199902,53319.262.88$7,284
Jul 199902,31517.892.37$5,492
Jun 199902,20015.942.36$5,197
May 199902,33115.792.32$5,410
Apr 199903,99615.102.21$8,823
Mar 199901,99912.471.84$3,675
Feb 199904,2219.981.82$7,673
Jan 199905,78710.381.90$10,995
Dec 199803,9619.201.77$7,024
Nov 199802,42410.892.19$5,298
Oct 19981685,17912.421.97$12,285
Sep 199807,10912.592.08$14,805
Aug 199804,75311.301.91$9,066
Jul 199804,15211.742.24$9,289
Jun 199803,67411.242.24$8,220
May 199806,09512.622.21$13,448
Apr 199803,51613.042.51$8,809
Mar 199806,28712.802.31$14,519
Feb 199804,78513.952.30$11,001
Jan 199803,60614.702.15$7,770
Dec 19971626,20016.322.41$17,593
Nov 199703,11618.193.09$9,623
Oct 199707,36919.253.15$23,211
Sep 199709,15217.742.95$27,043
Aug 1997010,27617.862.55$26,253
Jul 199708,39517.582.25$18,863
Jun 199717810,58217.242.26$26,954
May 1997511,03218.972.31$25,562
Apr 199758,93817.882.08$18,705
Mar 1997159,64618.951.94$18,989
Feb 19976311,09220.492.21$25,759
Jan 1997937,90523.483.54$30,165
Dec 19965210,57823.32$1,213
Nov 19966610,00221.97$1,450
Oct 19969412,16223.31$2,191
Sep 19967015,29122.22$1,555
Aug 1996315,74820.26$61
Jul 199612517,10219.55$2,444
Jun 199617918,44018.73$3,353
May 1996720,61719.43$136
Apr 1996021,93321.51$0
Mar 199618026,21019.38$3,488
Feb 19961421,05216.98$238
Jan 199618426,42117.07$3,141
Dec 19951832,79617.19$309
Nov 199518637,28116.00$2,976
Oct 199517954,19115.43$2,762
Sep 199518253,90016.18$2,945
Aug 199517748,12215.92$2,818
Jul 199516163,55115.24$2,454
Jun 1995561,67516.41$82
May 199517353,16317.56$3,038
Apr 199537669,69117.73$6,666
Mar 199535365,89116.44$5,803
Feb 1995198116,57216.58$3,283
Jan 1995268158,45515.92$4,267
Dec 19946276,47315.03$932
Nov 1994631192,37415.90$10,033
Oct 199470239,09015.58$1,091
Sep 1994050,95315.29$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                   48 Mcf  × $  3.05 =       $146

────────────────────────────────────────────────────
Month total                                     $146

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/153348 is the state's own key, not one this site invented.