TERRY "D"

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the FREESTONE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196988District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Jul 2003 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
275
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-11-15.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112003-11-05153236
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
CondensateDisposition728 bbl$46,365
GasProduction702,146 Mcf$3,765,253
Total$3,811,618

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 31.5385, -96.2735. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.53854, -96.27346 · 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
13,050 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 13,050 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-16132636913,050 ftJul 2003

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 (275)

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

275 months

May 202601,509106.413.05$4,596
Apr 202601,49798.932.87$4,296
Mar 202601,40889.753.15$4,434
Feb 202601,06563.503.75$3,994
Jan 202601,18759.138.00$9,494
Dec 202501,52656.664.41$6,735
Nov 20251171,58358.593.93$13,071
Oct 202501,61259.383.30$5,327
Sep 202501,04962.743.08$3,228
Aug 202501,73163.933.01$5,219
Jul 202501,75166.743.32$5,805
Jun 202501,72166.483.13$5,385
May 202501,88760.553.23$6,099
Apr 202501,43362.363.54$5,077
Mar 202501,46967.704.27$6,270
Feb 202501,58270.884.34$6,867
Jan 202501,08574.324.28$4,642
Dec 202401,86968.993.12$5,834
Nov 202401,84369.052.20$4,052
Oct 202401,70171.372.28$3,881
Sep 202401,85269.612.36$4,379
Aug 2024051075.632.06$1,052
Jul 202401,45079.932.15$3,113
Jun 2024040978.082.63$1,077
May 202402,07878.812.20$4,568
Apr 202401,02084.451.66$1,692
Mar 202402,58680.301.55$3,996
Feb 202401,85976.091.78$3,316
Jan 202402,54073.023.30$8,376
Dec 202303,52871.262.61$9,211
Nov 2023017477.892.81$489
Oct 202301,22385.443.09$3,776
Sep 2023037589.042.74$1,026
Aug 202301,33880.522.67$3,576
Jul 20231753274.852.64$13,183
Jun 2023052868.962.26$1,192
May 2023051470.622.23$1,145
Apr 2023072178.122.24$1,613
Mar 202301,02172.852.39$2,443
Feb 202301,02375.112.47$2,522
Jan 2023076776.533.39$2,598
Dec 2022082676.415.73$4,732
Nov 202201,50785.005.65$8,509
Oct 2022059587.185.86$3,489
Sep 2022037984.888.16$3,094
Aug 202201,41394.529.13$12,897
Jul 202201,009101.587.54$7,610
Jun 202201,023115.097.98$8,161
May 202201,534109.378.43$12,936
Apr 202201,165104.226.84$7,966
Mar 202201,775108.885.08$9,011
Feb 2022095691.054.86$4,645
Jan 2022067181.844.54$3,045
Dec 202101,97171.323.90$7,685
Nov 202102,78877.435.24$14,600
Oct 202101,00979.795.71$5,765
Sep 2021074769.865.35$3,997
Aug 2021070566.024.22$2,976
Jul 202101,87570.783.98$7,466
Jun 202101,45669.493.38$4,922
May 202101,37363.483.02$4,143
Apr 202101,23260.362.76$3,398
Mar 2021094761.302.72$2,573
Feb 202101,35757.805.55$7,529
Jan 2021041350.412.81$1,161
Dec 202001,85544.642.68$4,963
Nov 202001,91538.772.71$5,183
Oct 202001,72936.972.48$4,285
Sep 2020074737.091.99$1,487
Aug 202001,62839.982.39$3,883
Jul 202001,89838.371.83$3,464
Jun 202002,63434.901.69$4,452
May 202002,17716.921.81$3,951
Apr 202001,97814.751.80$3,569
Mar 202001,25630.341.86$2,331
Feb 2020081149.881.98$1,606
Jan 2020066157.252.09$1,385
Dec 2019077859.012.30$1,793
Nov 2019043055.302.75$1,183
Oct 201901,07353.472.42$2,595
Sep 2019064855.052.66$1,722
Aug 2019057953.112.30$1,334
Jul 2019044756.272.46$1,100
Jun 2019043252.782.49$1,076
May 2019073458.482.74$2,011
Apr 2019076762.632.75$2,110
Mar 2019062356.803.06$1,908
Feb 2019055150.852.79$1,539
Jan 2019051446.033.23$1,659
Dec 2018061346.594.19$2,566
Nov 2018067652.934.24$2,864
Oct 2018087261.443.40$2,963
Sep 2018081459.543.11$2,530
Aug 2018088159.403.07$2,702
Jul 2018094565.142.93$2,771
Jun 2018091660.183.08$2,818
May 2018086965.382.90$2,521
Apr 201801,20463.842.90$3,493
Mar 201801,71661.222.79$4,782
Feb 2018080561.782.77$2,227
Jan 2018059562.874.01$2,386
Dec 2017082557.272.92$2,410
Nov 2017094455.423.12$2,944
Oct 201701,10449.292.98$3,294
Sep 201701,08947.523.09$3,362
Aug 201701,08445.373.00$3,257
Jul 201701,09743.873.09$3,387
Jun 201701,10642.493.09$3,415
May 2017084545.373.26$2,758
Apr 201701,19147.933.21$3,825
Mar 2017090446.772.98$2,697
Feb 2017047750.452.95$1,408
Jan 2017095249.413.42$3,255
Dec 201601,32848.763.72$4,944
Nov 201601,23842.492.64$3,274
Oct 201601,42946.193.09$4,416
Sep 201601,19941.553.10$3,718
Aug 2016097041.442.92$2,837
Jul 201601,29641.622.92$3,790
Jun 201602,19945.352.69$5,906
May 201602,54542.521.99$5,067
Apr 201602,50936.561.99$4,996
Mar 201602,03933.011.79$3,658
Feb 201603,06426.472.06$6,323
Jan 201601,43227.352.36$3,386
Dec 201501,38532.362.00$2,772
Nov 201501,28438.792.17$2,783
Oct 201501,33543.552.43$3,239
Sep 201501,42742.992.76$3,936
Aug 201501,39540.162.87$4,007
Jul 2015046248.152.95$1,361
Jun 2015098856.152.88$2,848
May 2015091755.212.96$2,710
Apr 2015079349.822.71$2,146
Mar 2015060342.892.93$1,770
Feb 2015094044.662.98$2,798
Jan 2015089643.433.10$2,778
Dec 201401,64654.693.59$5,911
Nov 201401,70670.464.25$7,254
Oct 201401,84978.303.90$7,213
Sep 201431,88386.164.05$7,876
Aug 201401,99589.394.04$8,050
Jul 201402,00896.564.18$8,393
Jun 201401,94498.164.74$9,208
May 201402,25294.734.73$10,644
Apr 201402,35495.944.81$11,321
Mar 201401,63995.895.06$8,288
Feb 201402,21697.406.19$13,721
Jan 201401,16390.404.86$5,653
Dec 201301,52291.824.35$6,628
Nov 201302,43588.853.74$9,103
Oct 201302,69797.423.78$10,193
Sep 201302,460104.113.72$9,146
Aug 201312,538104.253.52$9,045
Jul 201302,574102.523.72$9,569
Jun 201302,35394.403.93$9,255
May 201302,31194.834.15$9,589
Apr 201302,32093.964.28$9,936
Mar 201302,34493.623.91$9,172
Feb 201301,91291.233.42$6,539
Jan 201302,53591.603.42$8,669
Dec 201202,03986.773.42$6,974
Nov 2012181,95886.953.62$8,663
Oct 201203,07389.383.40$10,447
Sep 201202,96394.672.92$8,647
Aug 201203,04392.662.91$8,850
Jul 201203,08585.133.02$9,319
Jun 201202,92779.822.52$7,373
May 201203,24991.612.49$8,085
Apr 201203,100101.652.00$6,190
Mar 201203,217105.052.22$7,148
Feb 201203,042101.102.57$7,819
Jan 201203,58498.092.73$9,799
Dec 201101,33596.873.24$4,325
Nov 201101,89895.723.31$6,285
Oct 201102,05984.983.65$7,512
Sep 20111411,42083.623.99$17,450
Aug 201101,66583.404.15$6,909
Jul 201102,42094.144.52$10,932
Jun 201102,17492.904.64$10,087
May 201102,37998.134.40$10,479
Apr 201102,497105.964.33$10,820
Mar 201112,67696.364.06$10,954
Feb 201101,77185.644.18$7,403
Jan 201102,48486.504.59$11,399
Dec 201012,46585.734.35$10,803
Nov 201002,36680.843.80$8,980
Oct 201002,58678.103.51$9,074
Sep 201012,59072.633.98$10,379
Aug 201002,57773.684.42$11,389
Jul 201002,49272.554.74$11,803
Jun 201002,52670.364.91$12,404
May 201002,67071.124.24$11,308
Apr 201012,59881.694.12$10,792
Mar 201002,65278.394.39$11,639
Feb 201002,43373.585.44$13,241
Jan 201002,82774.365.96$16,860
Dec 200902,45571.445.48$13,463
Nov 200922,84674.593.75$10,826
Oct 200902,33272.544.11$9,585
Sep 200902,88765.543.06$8,848
Aug 200902,04467.423.22$6,579
Jul 200932,93161.133.46$10,338
Jun 200902,70966.163.90$10,552
May 200912,53454.743.93$10,003
Apr 200902,08546.773.59$7,480
Mar 200903,26142.144.06$13,236
Feb 200903,29432.814.63$15,261
Jan 200923,85135.865.37$20,755
Dec 200823,76037.105.98$22,548
Nov 200804,45255.496.86$30,542
Oct 200804,22875.246.92$29,266
Sep 200803,795101.767.88$29,894
Aug 200803,885114.228.48$32,957
Jul 200803,801131.0811.39$43,291
Jun 200853,993131.3313.03$52,696
May 200805,577123.1711.57$64,550
Apr 200854,252110.3110.45$45,006
Mar 200823,003101.909.66$29,225
Feb 2008163,15792.538.77$29,169
Jan 200803,51690.388.21$28,851
Dec 200723,43988.337.30$25,288
Nov 200703,65591.677.29$26,651
Oct 200703,51282.856.92$24,310
Sep 200703,41975.846.24$21,349
Aug 200713,37569.066.39$21,628
Jul 200714,84370.906.39$31,008
Jun 200704,12062.007.55$31,100
May 200714,23758.747.85$33,303
Apr 200704,26959.617.81$33,320
Mar 200704,25056.927.30$31,033
Feb 200704,49055.108.22$36,890
Jan 200705,24850.306.73$35,303
Dec 200604,93356.656.92$34,129
Nov 200602,89054.207.62$22,015
Oct 200602,95754.906.01$17,783
Sep 200603,53760.085.04$17,817
Aug 200624,10468.717.34$30,260
Jul 200604,51669.376.34$28,644
Jun 200604,17866.286.38$26,672
May 200604,68266.016.42$30,082
Apr 200604,75264.397.36$34,977
Mar 200614,66656.707.08$33,106
Feb 200604,12757.597.75$31,989
Jan 200604,74660.598.93$42,398
Dec 200504,82554.9413.42$64,729
Nov 200504,92054.6910.59$52,095
Oct 200505,06058.3413.80$69,807
Sep 200505,28961.4512.08$63,886
Aug 200525,01661.519.80$49,264
Jul 200505,43555.697.84$42,630
Jun 200505,33652.337.38$39,385
May 200535,74045.226.65$38,313
Apr 200505,57949.207.36$41,064
Mar 200505,86650.377.15$41,971
Feb 200505,50945.226.31$34,772
Jan 200506,69943.166.32$42,352
Dec 200406,96239.866.75$47,001
Nov 200406,80845.286.33$43,098
Oct 200406,83549.706.52$44,531
Sep 200407,34943.245.28$38,831
Aug 200407,80742.375.55$43,334
Jul 20041867,78938.286.08$54,510
Jun 200408,22036.106.43$52,879
May 200409,19237.486.49$59,698
Apr 200429,44534.475.86$55,402
Mar 2004011,20634.365.53$61,971
Feb 200439,18432.455.51$50,698
Jan 2004644032.036.30$2,964
Dec 20031693030.266.30$6,345
Nov 200307,73928.804.60$35,562
Oct 200319,81728.174.76$46,754
Sep 2003213,41226.314.75$63,751
Aug 2003220,11529.765.13$103,244
Jul 200304,68929.415.17$24,246

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                1,509 Mcf  × $  3.05 =     $4,596

────────────────────────────────────────────────────
Month total                                   $4,596

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. 05/G/196988 is the state's own key, not one this site invented.