TERRY "B" NO. 1 GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TEAGUE (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 228519District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Feb 2007 – May 2026
Value, last 12 filed months
$96 k
at the published price for each month
Months reported
232
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 20 acres. The field rule took effect on 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112007-08-06175256
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
CondensateDisposition205 bbl$15,921
GasProduction1,380,222 Mcf$7,014,597
Total$7,030,518

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 31.7358, -96.1413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73583, -96.14130 · 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
12,795 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 12,795 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-16133412512,795 ftFeb 2007

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 (232)

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

232 months

May 202611,873106.413.05$5,811
Apr 202622,08598.932.87$6,181
Mar 202602,36289.753.15$7,439
Feb 202601,81263.503.75$6,796
Jan 202601,99759.138.00$15,972
Dec 202501,74456.664.41$7,697
Nov 202502,61358.593.93$10,260
Oct 202502,36259.383.30$7,806
Sep 202503,03762.743.08$9,345
Aug 202501,12163.933.01$3,380
Jul 202502,49766.743.32$8,278
Jun 202512,32766.483.13$7,347
May 202501,19760.553.23$3,869
Apr 202502,87262.363.54$10,176
Mar 2025012867.704.27$546
Feb 202508170.884.34$352
Jan 2025013574.324.28$578
Dec 202401,29868.993.12$4,052
Nov 202402,30969.052.20$5,076
Oct 202402,41771.372.28$5,514
Sep 202402,34569.612.36$5,544
Aug 202412,46675.632.06$5,165
Jul 202402,48179.932.15$5,326
Jun 202402,40578.082.63$6,335
May 202402,49178.812.20$5,476
Apr 202402,41484.451.66$4,005
Mar 202402,59380.301.55$4,007
Feb 202401,78276.091.78$3,178
Jan 202412,06473.023.30$6,879
Dec 202302,40171.262.61$6,268
Nov 202302,29777.892.81$6,449
Oct 202302,49685.443.09$7,706
Sep 202302,41789.042.74$6,611
Aug 202302,58180.522.67$6,899
Jul 202302,20574.852.64$5,825
Jun 202302,31168.962.26$5,219
May 202302,48570.622.23$5,535
Apr 202302,27478.122.24$5,089
Mar 202302,53672.852.39$6,069
Feb 202302,32775.112.47$5,738
Jan 202302,60376.533.39$8,818
Dec 202202,58176.415.73$14,787
Nov 202202,56085.005.65$14,454
Oct 202202,62787.185.86$15,404
Sep 202202,59584.888.16$21,185
Aug 202202,78194.529.13$25,383
Jul 202202,295101.587.54$17,309
Jun 202202,526115.097.98$20,150
May 202202,672109.378.43$22,533
Apr 202202,063104.226.84$14,106
Mar 202202,021108.885.08$10,259
Feb 202201,83191.054.86$8,897
Jan 202202,50281.844.54$11,353
Dec 202102,61371.323.90$10,188
Nov 202102,54077.435.24$13,302
Oct 202102,71179.795.71$15,490
Sep 202102,64569.865.35$14,153
Aug 202102,72966.024.22$11,518
Jul 202102,70670.783.98$10,776
Jun 202102,64069.493.38$8,925
May 202102,56663.483.02$7,743
Apr 202102,73160.362.76$7,533
Mar 202102,56761.302.72$6,974
Feb 202102,55157.805.55$14,153
Jan 202102,00950.412.81$5,646
Dec 202002,77844.642.68$7,432
Nov 202002,37138.772.71$6,417
Oct 202002,77736.972.48$6,883
Sep 202002,72537.091.99$5,426
Aug 202002,84839.982.39$6,793
Jul 202002,81338.371.83$5,134
Jun 202002,75634.901.69$4,658
May 202002,86916.921.81$5,207
Apr 202002,79914.751.80$5,050
Mar 202002,86730.341.86$5,322
Feb 202002,65549.881.98$5,259
Jan 202002,87057.252.09$6,012
Dec 201902,83859.012.30$6,540
Nov 201902,90955.302.75$8,002
Oct 201902,96453.472.42$7,169
Sep 201903,09755.052.66$8,230
Aug 201902,78753.112.30$6,422
Jul 201903,04756.272.46$7,496
Jun 201903,14652.782.49$7,837
May 201902,94758.482.74$8,076
Apr 201903,07862.632.75$8,467
Mar 201903,12856.803.06$9,578
Feb 201902,75050.852.79$7,679
Jan 201903,06446.033.23$9,891
Dec 201803,18046.594.19$13,310
Nov 201803,03752.934.24$12,869
Oct 201803,29461.443.40$11,193
Sep 201803,36459.543.11$10,455
Aug 201803,20959.403.07$9,841
Jul 201803,35965.142.93$9,848
Jun 201803,44260.183.08$10,591
May 201803,44365.382.90$9,987
Apr 201803,55963.842.90$10,324
Mar 201803,95661.222.79$11,025
Feb 201803,25161.782.77$8,993
Jan 201803,09962.874.01$12,425
Dec 201703,64057.272.92$10,634
Nov 201703,18255.423.12$9,923
Oct 201703,13849.292.98$9,363
Sep 201703,52147.523.09$10,870
Aug 201703,54245.373.00$10,642
Jul 201703,66743.873.09$11,321
Jun 201703,61642.493.09$11,164
May 201703,97445.373.26$12,969
Apr 201703,46847.933.21$11,138
Mar 201703,70446.772.98$11,052
Feb 201703,36450.452.95$9,933
Jan 201703,77249.413.42$12,896
Dec 201603,75348.763.72$13,972
Nov 201603,89642.492.64$10,302
Oct 201603,92046.193.09$12,114
Sep 201603,77541.553.10$11,705
Aug 201604,14341.442.92$12,116
Jul 201604,12741.622.92$12,069
Jun 201603,88845.352.69$10,443
May 201604,13242.521.99$8,227
Apr 201604,04436.561.99$8,052
Mar 201604,28833.011.79$7,693
Feb 201604,25126.472.06$8,772
Jan 201604,60427.352.36$10,886
Dec 201504,55632.362.00$9,118
Nov 201504,48038.792.17$9,710
Oct 201504,61243.552.43$11,191
Sep 201524,30242.992.76$11,953
Aug 201504,60840.162.87$13,236
Jul 201504,70548.152.95$13,857
Jun 201504,37756.152.88$12,618
May 201504,71255.212.96$13,926
Apr 201504,66549.822.71$12,626
Mar 201504,64242.892.93$13,623
Feb 201504,47244.662.98$13,310
Jan 201504,23043.433.10$13,116
Dec 201404,77554.693.59$17,149
Nov 201404,79070.464.25$20,366
Oct 201405,01778.303.90$19,571
Sep 201404,51986.164.05$18,281
Aug 201404,93089.394.04$19,893
Jul 201405,06396.564.18$21,161
Jun 201403,74998.164.74$17,759
May 201404,82694.734.73$22,810
Apr 201404,87195.944.81$23,425
Mar 201405,02495.895.06$25,405
Feb 201404,71497.406.19$29,189
Jan 201404,91090.404.86$23,866
Dec 201304,75691.824.35$20,710
Nov 201304,76288.853.74$17,802
Oct 201304,78697.423.78$18,088
Sep 201304,945104.113.72$18,384
Aug 201305,288104.253.52$18,628
Jul 201305,553102.523.72$20,645
Jun 201305,20894.403.93$20,485
May 201305,41794.834.15$22,476
Apr 201305,33893.964.28$22,860
Mar 201305,35193.623.91$20,938
Feb 201304,80491.233.42$16,429
Jan 201305,52091.603.42$18,878
Dec 201205,66086.773.42$19,358
Nov 201205,67486.953.62$20,568
Oct 201206,01589.383.40$20,449
Sep 201205,74294.672.92$16,757
Aug 201206,06692.662.91$17,641
Jul 201206,13885.133.02$18,542
Jun 201206,04179.822.52$15,218
May 201206,17291.612.49$15,358
Apr 201206,253101.652.00$12,486
Mar 201206,485105.052.22$14,410
Feb 201206,241101.102.57$16,041
Jan 201206,67398.092.73$18,245
Dec 201106,74596.873.24$21,852
Nov 201106,61495.723.31$21,901
Oct 201106,84484.983.65$24,971
Sep 201116,90983.623.99$27,622
Aug 201106,26283.404.15$25,983
Jul 201107,40894.144.52$33,464
Jun 201107,20492.904.64$33,426
May 201107,47298.134.40$32,913
Apr 201107,462105.964.33$32,335
Mar 201107,83796.364.06$31,797
Feb 201106,70285.644.18$28,014
Jan 201107,47186.504.59$34,283
Dec 201007,50085.734.35$32,608
Nov 201017,55380.843.80$28,747
Oct 201007,90578.103.51$27,738
Sep 201027,74072.633.98$30,946
Aug 201068,62173.684.42$38,541
Jul 201019,04772.554.74$42,924
Jun 201018,74170.364.91$42,992
May 2010010,04571.124.24$42,543
Apr 201009,73581.694.12$40,134
Mar 201029,65078.394.39$42,507
Feb 201008,59473.585.44$46,772
Jan 201009,74774.365.96$58,132
Dec 200909,89871.445.48$54,278
Nov 200909,77574.593.75$36,671
Oct 2009010,56172.544.11$43,408
Sep 2009010,17165.543.06$31,172
Aug 200909,93367.423.22$31,969
Jul 2009010,76361.133.46$37,288
Jun 2009010,78866.163.90$42,019
May 2009011,53054.743.93$45,264
Apr 2009510,70446.773.59$38,634
Mar 2009211,83842.144.06$48,135
Feb 2009712,22132.814.63$56,850
Jan 2009511,15135.865.37$60,071
Dec 2008112,98837.105.98$77,668
Nov 2008513,08855.496.86$90,066
Oct 2008514,23775.246.92$98,924
Sep 20081014,792101.767.88$117,536
Aug 20081116,706114.228.48$142,974
Jul 20081115,058131.0811.39$172,944
Jun 2008511,834131.3313.03$154,885
May 2008312,103123.1711.57$140,453
Apr 2008613,037110.3110.45$136,962
Mar 2008314,208101.909.66$137,613
Feb 2008612,91292.538.77$113,801
Jan 2008715,76890.388.21$130,021
Dec 2007816,33088.337.30$119,948
Nov 2007617,59191.677.29$128,818
Oct 20071019,10382.856.92$133,059
Sep 2007118,85675.846.24$117,816
Aug 2007522,26569.066.39$142,573
Jul 2007128,49070.906.39$182,063
Jun 2007129,63962.007.55$223,791
May 2007033,70358.747.85$264,443
Apr 2007536,25359.617.81$283,260
Mar 20072057,65356.927.30$422,119
Feb 20073421,24255.108.22$176,398

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             1 bbl  × $106.41 =       $106
Gas                1,873 Mcf  × $  3.05 =     $5,705

────────────────────────────────────────────────────
Month total                                   $5,811

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/228519 is the state's own key, not one this site invented.