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 231244District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Aug 2007 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
226
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 Gas112008-01-29179930
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
CondensateDisposition331 bbl$29,116
GasProduction868,949 Mcf$4,023,396
Total$4,052,512

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 31.7434, -96.1494. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74340, -96.14937 · 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
12,637 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 12,637 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-16133609412,637 ftAug 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 (226)

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

226 months

May 202602,339106.413.05$7,124
Apr 202641,69098.932.87$5,246
Mar 202612,27289.753.15$7,245
Feb 202621,62263.503.75$6,210
Jan 202622,40459.138.00$19,345
Dec 202502,06956.664.41$9,131
Nov 202502,37858.593.93$9,337
Oct 202502,40359.383.30$7,942
Sep 202502,28462.743.08$7,028
Aug 202502,17863.933.01$6,566
Jul 202502,21266.743.32$7,333
Jun 202502,28166.483.13$7,137
May 202502,32360.553.23$7,509
Apr 202502,74462.363.54$9,722
Mar 202502,63867.704.27$11,260
Feb 202501,86470.884.34$8,091
Jan 202503,15074.324.28$13,478
Dec 202403,45068.993.12$10,769
Nov 202403,37469.052.20$7,418
Oct 202403,51471.372.28$8,017
Sep 202403,33169.612.36$7,876
Aug 202403,43775.632.06$7,093
Jul 202402,27979.932.15$4,892
Jun 202403,03178.082.63$7,984
May 202403,35778.812.20$7,380
Apr 202402,58284.451.66$4,284
Mar 202403,23180.301.55$4,992
Feb 202404,18276.091.78$7,459
Jan 202422,55273.023.30$8,562
Dec 202302,08171.262.61$5,433
Nov 202302,85477.892.81$8,013
Oct 202303,05185.443.09$9,419
Sep 2023041889.042.74$1,143
Aug 202301,07380.522.67$2,868
Jul 202303,65374.852.64$9,651
Jun 202303,05368.962.26$6,895
May 202302,50770.622.23$5,584
Apr 202302,06878.122.24$4,628
Mar 202302,27072.852.39$5,432
Feb 202304,27375.112.47$10,536
Jan 202303,04576.533.39$10,316
Dec 202202,54376.415.73$14,569
Nov 202202,62585.005.65$14,821
Oct 202203,17387.185.86$18,606
Sep 202201,35584.888.16$11,062
Aug 2022079394.529.13$7,238
Jul 20220915101.587.54$6,901
Jun 202201,030115.097.98$8,217
May 202201,555109.378.43$13,113
Apr 202201,836104.226.84$12,554
Mar 202202,228108.885.08$11,310
Feb 202202,45591.054.86$11,928
Jan 202201,70981.844.54$7,755
Dec 202101,87571.323.90$7,311
Nov 202101,74477.435.24$9,133
Oct 202102,07179.795.71$11,833
Sep 202101,87469.865.35$10,028
Aug 202101,07666.024.22$4,541
Jul 2021075070.783.98$2,987
Jun 202101,68469.493.38$5,693
May 202101,97063.483.02$5,945
Apr 202101,70960.362.76$4,714
Mar 202101,40561.302.72$3,817
Feb 202101,00557.805.55$5,576
Jan 202101,40150.412.81$3,937
Dec 2020079844.642.68$2,135
Nov 2020082538.772.71$2,233
Oct 2020059736.972.48$1,480
Sep 202002,05437.091.99$4,090
Aug 202002,63139.982.39$6,275
Jul 202002,27338.371.83$4,149
Jun 202002,43734.901.69$4,119
May 202002,30116.921.81$4,176
Apr 202002,45514.751.80$4,430
Mar 202002,79630.341.86$5,190
Feb 202002,38649.881.98$4,726
Jan 202002,69657.252.09$5,647
Dec 201902,68859.012.30$6,194
Nov 201902,45355.302.75$6,747
Oct 201902,62453.472.42$6,346
Sep 201902,31255.052.66$6,144
Aug 201902,06653.112.30$4,761
Jul 201901,73956.272.46$4,278
Jun 201901,83352.782.49$4,566
May 2019068558.482.74$1,877
Apr 201901,44362.632.75$3,969
Mar 2019063556.803.06$1,944
Feb 2019064350.852.79$1,795
Jan 201901,32946.033.23$4,290
Dec 201801,62546.594.19$6,801
Nov 201802,08152.934.24$8,818
Oct 201801,64161.443.40$5,576
Sep 201801,68159.543.11$5,225
Aug 201801,01259.403.07$3,103
Jul 201801,11465.142.93$3,266
Jun 201801,11660.183.08$3,434
May 201802,63865.382.90$7,652
Apr 201803,10063.842.90$8,992
Mar 201802,78161.222.79$7,750
Feb 201802,80861.782.77$7,767
Jan 201803,15062.874.01$12,629
Dec 201703,27557.272.92$9,568
Nov 201702,91455.423.12$9,087
Oct 201702,76449.292.98$8,247
Sep 201702,48947.523.09$7,684
Aug 201701,59845.373.00$4,801
Jul 201701,55643.873.09$4,804
Jun 201702,12142.493.09$6,548
May 201703,36045.373.26$10,965
Apr 201703,19447.933.21$10,258
Mar 201703,29146.772.98$9,819
Feb 201702,94150.452.95$8,684
Jan 201702,83949.413.42$9,706
Dec 201602,65448.763.72$9,880
Nov 201602,77142.492.64$7,327
Oct 201604,03346.193.09$12,463
Sep 201603,36841.553.10$10,443
Aug 201602,63341.442.92$7,700
Jul 201602,83341.622.92$8,285
Jun 201602,92645.352.69$7,859
May 201602,64142.521.99$5,258
Apr 201602,20636.561.99$4,392
Mar 201602,34433.011.79$4,205
Feb 201602,28226.472.06$4,709
Jan 201602,41327.352.36$5,705
Dec 201502,17432.362.00$4,351
Nov 201501,54038.792.17$3,338
Oct 201502,38543.552.43$5,787
Sep 201513,32742.992.76$9,220
Aug 201503,06340.162.87$8,798
Jul 201503,32048.152.95$9,778
Jun 201503,28056.152.88$9,456
May 201503,45455.212.96$10,208
Apr 201503,47549.822.71$9,405
Mar 201503,67042.892.93$10,770
Feb 201503,33144.662.98$9,914
Jan 201502,37943.433.10$7,376
Dec 201402,00354.693.59$7,193
Nov 201403,59170.464.25$15,268
Oct 201403,74078.303.90$14,590
Sep 201403,69186.164.05$14,932
Aug 201403,66089.394.04$14,769
Jul 201403,63696.564.18$15,197
Jun 201403,55498.164.74$16,835
May 201403,94894.734.73$18,660
Apr 201403,99395.944.81$19,203
Mar 201404,16195.895.06$21,041
Feb 201403,73397.406.19$23,115
Jan 201403,15990.404.86$15,355
Dec 201303,38191.824.35$14,723
Nov 201303,63488.853.74$13,585
Oct 201303,93297.423.78$14,860
Sep 201304,802104.113.72$17,853
Aug 201304,607104.253.52$16,229
Jul 201304,261102.523.72$15,841
Jun 201302,86494.403.93$11,265
May 201301,76794.834.15$7,331
Apr 20131453,36893.964.28$28,048
Mar 201304,59093.623.91$17,960
Feb 201303,94891.233.42$13,502
Jan 201304,59291.603.42$15,704
Dec 201204,66586.773.42$15,955
Nov 201204,51186.953.62$16,352
Oct 201204,61389.383.40$15,683
Sep 201204,53794.672.92$13,241
Aug 201204,74192.662.91$13,788
Jul 201206,46485.133.02$19,526
Jun 201205,81579.822.52$14,648
May 201205,38691.612.49$13,402
Apr 201205,035101.652.00$10,054
Mar 201215,254105.052.22$11,780
Feb 201205,159101.102.57$13,260
Jan 201205,04798.092.73$13,799
Dec 201104,87396.873.24$15,787
Nov 201104,06195.723.31$13,447
Oct 201104,52584.983.65$16,510
Sep 201104,48683.623.99$17,880
Aug 201105,00083.404.15$20,747
Jul 201105,23994.144.52$23,666
Jun 201105,23592.904.64$24,290
May 201104,81098.134.40$21,187
Apr 201105,334105.964.33$23,114
Mar 201115,84396.364.06$23,803
Feb 201104,62985.644.18$19,349
Jan 201104,98186.504.59$22,857
Dec 201005,59685.734.35$24,330
Nov 201015,96080.843.80$22,701
Oct 201005,26978.103.51$18,488
Sep 201003,98972.633.98$15,874
Aug 201045,62873.684.42$25,167
Jul 201026,24772.554.74$29,734
Jun 201006,28870.364.91$30,877
May 201006,96171.124.24$29,481
Apr 201006,99381.694.12$28,830
Mar 201006,52878.394.39$28,649
Feb 201005,45673.585.44$29,694
Jan 201006,58974.365.96$39,297
Dec 200906,72471.445.48$36,873
Nov 200907,17074.593.75$26,898
Oct 200906,81572.544.11$28,011
Sep 200906,50065.543.06$19,921
Aug 200907,21267.423.22$23,212
Jul 200927,26861.133.46$25,302
Jun 200907,74066.163.90$30,147
May 200905,93054.743.93$23,280
Apr 200954,97846.773.59$18,092
Mar 200927,75242.144.06$31,550
Feb 200967,69732.814.63$35,857
Jan 2009118,83435.865.37$47,842
Dec 200809,34437.105.98$55,850
Nov 200869,11955.496.86$62,893
Oct 200869,96075.246.92$69,394
Sep 2008310,129101.767.88$80,092
Aug 200859,763114.228.48$83,391
Jul 200809,700131.0811.39$110,477
Jun 2008810,131131.3313.03$133,084
May 2008510,987123.1711.57$127,783
Apr 2008211,166110.3110.45$116,960
Mar 2008912,826101.909.66$124,868
Feb 20081512,72092.538.77$112,950
Jan 20083318,59690.388.21$155,576
Dec 2007129,44288.337.30$70,005
Nov 200798,93591.677.29$65,976
Oct 20071815,90682.856.92$111,592
Sep 2007813,78175.846.24$86,657
Aug 200702,87469.066.39$18,359

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                2,339 Mcf  × $  3.05 =     $7,124

────────────────────────────────────────────────────
Month total                                   $7,124

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/231244 is the state's own key, not one this site invented.