TERRY-POESSEL GAS UNIT

Name: TERRY-POESSEL GAS UNIT lease production and value, Feb 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ARCADIA OPERATING, LLC (P-5 28734) in the TIDEHAVEN ( 9,500 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 208843District 03Field 89826645CondensateGasSave

Value, all time

$17.5 M

Feb 2005 – Mar 2019

Value, last 12 filed months

$19 k

at the published price for each month

Months reported

170

no gaps in the span

Streams

condensate, gas

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	42,470 bbl	$2,805,565
Gas	Production	2,320,683 Mcf	$14,653,416
Total			$17,458,981

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 28.8578, -96.2082. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.85777, -96.20816 · 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

12,460 ft

1 wells filed one

Completion to plug

2.6 years

median over 1 wells

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 12,460 ft.

Completions filed

Aug 2016

1 of 1 wells

Plug dates filed

Mar 2019

1 of 1 wells

Last completion to plug: a median of 2.6 years across the 1 well that filed both dates, with the middle half between 2.6 years and 2.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32131935	1	12,460 ft	Aug 2016	Mar 2019	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 (170)

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

170 months


Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	147	0	52.93	4.24	$7,781
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	3,179	65.14	2.93	$9,320
Jun 2018	0	676	60.18	3.08	$2,080
May 2018	0	3	65.38	2.90	$9
Apr 2018	0	2	63.84	2.90	$6
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	253	62.87	4.01	$1,014
Dec 2017	0	1,331	57.27	2.92	$3,889
Nov 2017	0	2,526	55.42	3.12	$7,877
Oct 2017	0	3,695	49.29	2.98	$11,025
Sep 2017	186	4,327	47.52	3.09	$22,197
Aug 2017	0	5,388	45.37	3.00	$16,188
Jul 2017	0	12,123	43.87	3.09	$37,427
Jun 2017	194	19,304	42.49	3.09	$67,840
May 2017	0	9,791	45.37	3.26	$31,952
Apr 2017	191	10,912	47.93	3.21	$44,200
Mar 2017	191	17,243	46.77	2.98	$60,381
Feb 2017	192	8,478	50.45	2.95	$34,719
Jan 2017	191	15,845	49.41	3.42	$63,608
Dec 2016	191	21,459	48.76	3.72	$89,201
Nov 2016	363	29,118	42.49	2.64	$92,422
Oct 2016	558	34,512	46.19	3.09	$132,425
Sep 2016	723	36,084	41.55	3.10	$141,924
Aug 2016	732	35,628	41.44	2.92	$134,522
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	19	42.52	1.99	$38
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	1,175	33.01	1.79	$2,108
Feb 2016	0	2,071	26.47	2.06	$4,274
Jan 2016	0	2,718	27.35	2.36	$6,426
Dec 2015	192	2,325	32.36	2.00	$10,866
Nov 2015	0	2,911	38.79	2.17	$6,309
Oct 2015	0	3,104	43.55	2.43	$7,532
Sep 2015	0	3,281	42.99	2.76	$9,050
Aug 2015	0	3,387	40.16	2.87	$9,729
Jul 2015	0	3,310	48.15	2.95	$9,748
Jun 2015	0	3,437	56.15	2.88	$9,908
May 2015	188	3,624	55.21	2.96	$21,090
Apr 2015	0	3,553	49.82	2.71	$9,616
Mar 2015	0	3,747	42.89	2.93	$10,996
Feb 2015	0	3,363	44.66	2.98	$10,009
Jan 2015	0	4,042	43.43	3.10	$12,533
Dec 2014	190	4,248	54.69	3.59	$25,647
Nov 2014	0	4,320	70.46	4.25	$18,368
Oct 2014	183	4,715	78.30	3.90	$32,722
Sep 2014	0	4,696	86.16	4.05	$18,997
Aug 2014	0	4,984	89.39	4.04	$20,111
Jul 2014	0	5,362	96.56	4.18	$22,411
Jun 2014	181	4,722	98.16	4.74	$40,135
May 2014	0	6,016	94.73	4.73	$28,435
Apr 2014	0	5,927	95.94	4.81	$28,504
Mar 2014	188	6,293	95.89	5.06	$49,850
Feb 2014	0	5,877	97.40	6.19	$36,390
Jan 2014	0	6,692	90.40	4.86	$32,528
Dec 2013	191	7,044	91.82	4.35	$48,211
Nov 2013	0	7,066	88.85	3.74	$26,415
Oct 2013	188	7,647	97.42	3.78	$47,216
Sep 2013	0	7,625	104.11	3.72	$28,348
Aug 2013	188	9,034	104.25	3.52	$51,422
Jul 2013	187	8,090	102.52	3.72	$49,248
Jun 2013	0	8,943	94.40	3.93	$35,176
May 2013	182	8,093	94.83	4.15	$50,838
Apr 2013	0	9,117	93.96	4.28	$39,044
Mar 2013	200	9,661	93.62	3.91	$56,526
Feb 2013	0	8,801	91.23	3.42	$30,099
Jan 2013	182	10,003	91.60	3.42	$50,881
Dec 2012	184	9,497	86.77	3.42	$48,447
Nov 2012	0	9,359	86.95	3.62	$33,926
Oct 2012	197	9,664	89.38	3.40	$50,462
Sep 2012	0	10,026	94.67	2.92	$29,260
Aug 2012	184	9,909	92.66	2.91	$45,866
Jul 2012	197	9,896	85.13	3.02	$46,664
Jun 2012	0	9,278	79.82	2.52	$23,372
May 2012	181	9,070	91.61	2.49	$39,150
Apr 2012	187	8,332	101.65	2.00	$35,646
Mar 2012	0	7,695	105.05	2.22	$17,099
Feb 2012	0	6,226	101.10	2.57	$16,002
Jan 2012	185	6,422	98.09	2.73	$35,705
Dec 2011	0	5,002	96.87	3.24	$16,205
Nov 2011	0	3,323	95.72	3.31	$11,003
Oct 2011	0	727	84.98	3.65	$2,652
Sep 2011	0	61	83.62	3.99	$243
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	3,006	86.50	4.59	$13,794
Dec 2010	192	10,723	85.73	4.35	$63,081
Nov 2010	191	10,466	80.84	3.80	$55,162
Oct 2010	189	10,684	78.10	3.51	$52,250
Sep 2010	176	11,204	72.63	3.98	$57,369
Aug 2010	184	11,794	73.68	4.42	$65,679
Jul 2010	227	12,516	72.55	4.74	$75,751
Jun 2010	179	12,494	70.36	4.91	$73,945
May 2010	180	13,113	71.12	4.24	$68,338
Apr 2010	373	12,841	81.69	4.12	$83,410
Mar 2010	191	13,307	78.39	4.39	$73,373
Feb 2010	196	12,168	73.58	5.44	$80,644
Jan 2010	193	13,998	74.36	5.96	$97,837
Dec 2009	187	14,510	71.44	5.48	$92,928
Nov 2009	185	14,562	74.59	3.75	$68,428
Oct 2009	373	15,886	72.54	4.11	$92,353
Sep 2009	187	16,077	65.54	3.06	$61,528
Aug 2009	361	16,922	67.42	3.22	$78,802
Jul 2009	187	17,014	61.13	3.46	$70,376
Jun 2009	387	17,181	66.16	3.90	$92,524
May 2009	368	18,152	54.74	3.93	$91,405
Apr 2009	361	17,642	46.77	3.59	$80,175
Mar 2009	181	18,420	42.14	4.06	$82,394
Feb 2009	191	17,153	32.81	4.63	$85,737
Jan 2009	195	19,524	35.86	5.37	$111,856
Dec 2008	386	20,053	37.10	5.98	$134,180
Nov 2008	190	20,365	55.49	6.86	$150,254
Oct 2008	388	19,909	75.24	6.92	$167,003
Sep 2008	379	1,050	101.76	7.88	$46,838
Aug 2008	559	22,761	114.22	8.48	$256,931
Jul 2008	383	23,511	131.08	11.39	$317,981
Jun 2008	386	23,590	131.33	13.03	$358,133
May 2008	371	22,278	123.17	11.57	$303,548
Apr 2008	378	22,163	110.31	10.45	$273,408
Mar 2008	380	23,681	101.90	9.66	$267,577
Feb 2008	384	22,653	92.53	8.77	$234,211
Jan 2008	553	25,688	90.38	8.21	$260,769
Dec 2007	369	27,336	88.33	7.30	$232,200
Nov 2007	378	27,260	91.67	7.29	$233,423
Oct 2007	565	29,428	82.85	6.92	$250,510
Sep 2007	567	25,883	75.84	6.24	$204,619
Aug 2007	370	25,076	69.06	6.39	$185,736
Jul 2007	555	25,373	70.90	6.39	$201,431
Jun 2007	383	25,438	62.00	7.55	$215,763
May 2007	570	27,446	58.74	7.85	$248,831
Apr 2007	566	26,652	59.61	7.81	$241,763
Mar 2007	375	27,808	56.92	7.30	$224,398
Feb 2007	575	26,116	55.10	8.22	$246,252
Jan 2007	556	29,839	50.30	6.73	$228,689
Dec 2006	773	31,039	56.65	6.92	$258,532
Nov 2006	571	30,935	54.20	7.62	$266,595
Oct 2006	564	32,687	54.90	6.01	$227,537
Sep 2006	570	31,888	60.08	5.04	$194,872
Aug 2006	758	34,393	68.71	7.34	$304,524
Jul 2006	751	35,270	69.37	6.34	$275,806
Jun 2006	906	34,949	66.28	6.38	$283,160
May 2006	715	36,452	66.01	6.42	$281,401
Apr 2006	353	24,756	64.39	7.36	$204,946
Mar 2006	713	35,968	56.70	7.08	$295,186
Feb 2006	725	33,126	57.59	7.75	$298,516
Jan 2006	1,074	37,480	60.59	8.93	$399,894
Dec 2005	1,074	38,698	54.94	13.42	$578,155
Nov 2005	716	38,880	54.69	10.59	$450,835
Oct 2005	1,078	39,413	58.34	13.80	$606,623
Sep 2005	903	33,250	61.45	12.08	$457,116
Aug 2005	716	38,516	61.51	9.80	$421,376
Jul 2005	1,062	39,335	55.69	7.84	$367,672
Jun 2005	1,077	37,415	52.33	7.38	$332,521
May 2005	1,085	40,558	45.22	6.65	$318,821
Apr 2005	1,445	42,139	49.20	7.36	$381,257
Mar 2005	1,027	47,097	50.37	7.15	$388,703
Feb 2005	0	6,318	45.22	6.31	$39,879

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.

Nov 2018 — as filed, then multipliedworked

Condensate           147 bbl  × $ 52.93 =     $7,781
Gas                    0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                   $7,781

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/208843 is the state's own key, not one this site invented.