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 237227District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jan 2008 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
221
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 Gas112008-08-18185025
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
CondensateDisposition247 bbl$22,245
GasProduction455,763 Mcf$2,337,166
Total$2,359,411

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 31.7359, -96.1501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73592, -96.15006 · 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
12,640 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 12,640 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-16133610712,640 ftJan 2008

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 (221)

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

221 months

May 20260232106.413.05$707
Apr 2026022598.932.87$646
Mar 2026023089.753.15$724
Feb 2026022263.503.75$833
Jan 2026025359.138.00$2,023
Dec 2025027456.664.41$1,209
Nov 2025022058.593.93$864
Oct 2025027859.383.30$919
Sep 2025027562.743.08$846
Aug 2025029163.933.01$877
Jul 2025034566.743.32$1,144
Jun 2025062866.483.13$1,965
May 2025029160.553.23$941
Apr 2025031362.363.54$1,109
Mar 2025033667.704.27$1,434
Feb 2025030570.884.34$1,324
Jan 2025035974.324.28$1,536
Dec 2024035468.993.12$1,105
Nov 2024033169.052.20$728
Oct 2024033171.372.28$755
Sep 2024032069.612.36$757
Aug 2024038375.632.06$790
Jul 2024042479.932.15$910
Jun 2024046778.082.63$1,230
May 2024062378.812.20$1,370
Apr 2024045184.451.66$748
Mar 2024057080.301.55$881
Feb 202401,18076.091.78$2,105
Jan 202401,28273.023.30$4,228
Dec 202301,42271.262.61$3,712
Nov 202301,15777.892.81$3,248
Oct 202301,29785.443.09$4,004
Sep 202301,00089.042.74$2,735
Aug 202301,19980.522.67$3,205
Jul 2023087274.852.64$2,304
Jun 202301,40568.962.26$3,173
May 2023094770.622.23$2,109
Apr 202301,33478.122.24$2,985
Mar 202301,88572.852.39$4,511
Feb 2023062275.112.47$1,534
Jan 202301,36476.533.39$4,621
Dec 202201,38176.415.73$7,912
Nov 2022075085.005.65$4,235
Oct 202201,17387.185.86$6,878
Sep 202201,20884.888.16$9,862
Aug 202201,32594.529.13$12,093
Jul 20220888101.587.54$6,697
Jun 202201,201115.097.98$9,581
May 202201,424109.378.43$12,009
Apr 202201,494104.226.84$10,215
Mar 202201,131108.885.08$5,741
Feb 202201,26891.054.86$6,161
Jan 2022093281.844.54$4,229
Dec 202101,41271.323.90$5,506
Nov 202101,49977.435.24$7,850
Oct 202101,00979.795.71$5,765
Sep 2021071269.865.35$3,810
Aug 202101,26566.024.22$5,339
Jul 202101,38070.783.98$5,495
Jun 202101,40869.493.38$4,760
May 202101,35063.483.02$4,074
Apr 202101,08060.362.76$2,979
Mar 2021046061.302.72$1,250
Feb 2021069057.805.55$3,828
Jan 202101,30450.412.81$3,665
Dec 202001,16144.642.68$3,106
Nov 202001,26138.772.71$3,413
Oct 202001,15136.972.48$2,853
Sep 202001,34537.091.99$2,678
Aug 202001,02139.982.39$2,435
Jul 202001,36338.371.83$2,488
Jun 202001,33634.901.69$2,258
May 202001,49716.921.81$2,717
Apr 202001,39514.751.80$2,517
Mar 202001,73130.341.86$3,213
Feb 202001,03749.881.98$2,054
Jan 2020096457.252.09$2,019
Dec 2019093559.012.30$2,155
Nov 2019074055.302.75$2,036
Oct 201901,11953.472.42$2,706
Sep 201901,31455.052.66$3,492
Aug 201901,51253.112.30$3,484
Jul 201901,28256.272.46$3,154
Jun 2019096352.782.49$2,399
May 201901,27358.482.74$3,488
Apr 201901,42262.632.75$3,912
Mar 201901,13356.803.06$3,469
Feb 2019094950.852.79$2,650
Jan 201901,19646.033.23$3,861
Dec 201801,38946.594.19$5,814
Nov 201801,28552.934.24$5,445
Oct 201801,23061.443.40$4,180
Sep 201801,32159.543.11$4,106
Aug 201801,59059.403.07$4,876
Jul 201801,76665.142.93$5,178
Jun 2018080560.183.08$2,477
May 2018098665.382.90$2,860
Apr 201801,33563.842.90$3,873
Mar 201801,42861.222.79$3,980
Feb 201801,06861.782.77$2,954
Jan 201801,22262.874.01$4,899
Dec 201701,10857.272.92$3,237
Nov 201701,15455.423.12$3,599
Oct 201701,11449.292.98$3,324
Sep 201701,12547.523.09$3,473
Aug 201701,22245.373.00$3,671
Jul 201701,15043.873.09$3,550
Jun 201701,25342.493.09$3,868
May 201701,20045.373.26$3,916
Apr 201701,15147.933.21$3,697
Mar 201701,36846.772.98$4,082
Feb 201701,11450.452.95$3,289
Jan 201701,20549.413.42$4,120
Dec 201601,35248.763.72$5,033
Nov 201601,35342.492.64$3,578
Oct 201601,33546.193.09$4,126
Sep 201601,47441.553.10$4,570
Aug 201601,37241.442.92$4,012
Jul 201601,48241.622.92$4,334
Jun 201601,48345.352.69$3,983
May 201601,19842.521.99$2,385
Apr 201601,31036.561.99$2,608
Mar 201601,69933.011.79$3,048
Feb 201601,58526.472.06$3,271
Jan 201601,70627.352.36$4,034
Dec 201501,72332.362.00$3,448
Nov 201501,64438.792.17$3,563
Oct 201501,67443.552.43$4,062
Sep 201511,71942.992.76$4,785
Aug 201501,76040.162.87$5,056
Jul 201501,48948.152.95$4,385
Jun 201501,55456.152.88$4,480
May 201501,61755.212.96$4,779
Apr 201501,65849.822.71$4,487
Mar 201501,68442.892.93$4,942
Feb 201501,50444.662.98$4,476
Jan 201501,68543.433.10$5,225
Dec 201401,71954.693.59$6,174
Nov 201401,74270.464.25$7,407
Oct 201401,98078.303.90$7,724
Sep 201401,85486.164.05$7,500
Aug 201402,01689.394.04$8,135
Jul 201401,69096.564.18$7,064
Jun 201402,00098.164.74$9,474
May 201401,34494.734.73$6,353
Apr 201401,77295.944.81$8,522
Mar 201401,92495.895.06$9,729
Feb 201401,74297.406.19$10,786
Jan 201402,13690.404.86$10,383
Dec 201301,61991.824.35$7,050
Nov 201301,73788.853.74$6,493
Oct 201302,02797.423.78$7,661
Sep 201301,848104.113.72$6,870
Aug 201302,132104.253.52$7,510
Jul 201302,101102.523.72$7,811
Jun 201301,95994.403.93$7,706
May 201302,15594.834.15$8,941
Apr 201302,04393.964.28$8,749
Mar 201302,08893.623.91$8,170
Feb 201301,99591.233.42$6,823
Jan 201302,19191.603.42$7,493
Dec 201201,90186.773.42$6,502
Nov 201201,97786.953.62$7,167
Oct 201202,09289.383.40$7,112
Sep 201202,17994.672.92$6,359
Aug 201202,29292.662.91$6,666
Jul 201202,34085.133.02$7,069
Jun 201202,27279.822.52$5,723
May 201202,28391.612.49$5,681
Apr 201202,309101.652.00$4,611
Mar 201202,369105.052.22$5,264
Feb 201202,231101.102.57$5,734
Jan 201202,55398.092.73$6,980
Dec 201102,60296.873.24$8,430
Nov 201102,51795.723.31$8,334
Oct 201102,59084.983.65$9,450
Sep 201112,58683.623.99$10,391
Aug 201102,69683.404.15$11,187
Jul 201102,80694.144.52$12,675
Jun 201102,66192.904.64$12,347
May 201102,72298.134.40$11,990
Apr 201102,820105.964.33$12,220
Mar 201103,08196.364.06$12,501
Feb 201102,61685.644.18$10,935
Jan 201102,65886.504.59$12,197
Dec 201002,69085.734.35$11,695
Nov 201012,78980.843.80$10,666
Oct 201002,80078.103.51$9,825
Sep 201013,01972.633.98$12,087
Aug 201043,14473.684.42$14,189
Jul 201012,89572.554.74$13,785
Jun 201003,01270.364.91$14,790
May 201003,55771.124.24$15,065
Apr 201003,29681.694.12$13,588
Mar 201023,36178.394.39$14,907
Feb 201052,98373.585.44$16,602
Jan 201003,23774.365.96$19,306
Dec 200903,39971.445.48$18,639
Nov 200903,37174.593.75$12,646
Oct 200903,86772.544.11$15,894
Sep 200903,72165.543.06$11,404
Aug 200904,37767.423.22$14,087
Jul 200913,72961.133.46$12,980
Jun 200903,58566.163.90$13,964
May 200904,49454.743.93$17,642
Apr 200984,63746.773.59$17,009
Mar 200954,79542.144.06$19,674
Feb 200994,17232.814.63$19,624
Jan 200994,88935.865.37$26,582
Dec 200804,16437.105.98$24,889
Nov 200884,57355.496.86$31,816
Oct 200885,40875.246.92$38,036
Sep 200886,044101.767.88$48,423
Aug 2008107,006114.228.48$60,574
Jul 2008158,053131.0811.39$93,685
Jun 2008128,694131.3313.03$114,882
May 20081111,379123.1711.57$133,059
Apr 20081314,303110.3110.45$150,970
Mar 200898,731101.909.66$85,294
Feb 20083229,77092.538.77$264,061
Jan 2008737,06290.388.21$64,547

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                  232 Mcf  × $  3.05 =       $707

────────────────────────────────────────────────────
Month total                                     $707

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/237227 is the state's own key, not one this site invented.