TERRY, HORACE W.

Operated by PELES, LLC (P-5 650953) in the NECHES (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1111District 06Field 64763666NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 60 leases and 294 wells, and the rule below applies to all of them.

Discovered
1953-09-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1985-06-03.

The Commission's schedule remark for this field reads: OPTIONAL 10 ACRE UNITS W/ 1100 FT. DIAG.

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
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
OilDisposition108,590 bbl$4,769,231
Casinghead gasProduction67,526 Mcf$226,240
Total$4,995,472

21,011 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (4)

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 31.9497, -95.4155. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.95035, -95.41505 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
4,818 ft
2 wells filed one
Completion to plug
7.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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

Between 4,800 and 4,835 ft, median 4,818 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1986
1 of 4 wells; 3 filed none
Plug dates filed
Jun 1992 – Sep 1994
2 of 4 wells; 2 filed none

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-0730067134,835 ftJun 1992Yes
42-073006691
42-073006702
42-0733066644,800 ftDec 1986Sep 1994Yes

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 (401)

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

401 months

May 202697170106.413.05$10,840
Apr 202611816098.932.87$12,133
Mar 202611613089.753.15$10,820
Feb 20268710063.503.75$5,900
Jan 20267511259.138.00$5,331
Dec 20259411756.664.41$5,842
Nov 20258912758.593.93$5,713
Oct 20259113059.383.30$5,833
Sep 20259111762.743.08$6,069
Aug 20259512863.933.01$6,459
Jul 20259812466.743.32$6,952
Jun 2025889066.483.13$6,132
May 20251037660.553.23$6,482
Apr 20259612662.363.54$6,433
Mar 20259812467.704.27$7,164
Feb 20258511670.884.34$6,528
Jan 20256618174.324.28$5,680
Dec 20246921568.993.12$5,431
Nov 20243611969.052.20$2,747
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20246078.082.63$468
May 20246210278.812.20$5,110
Apr 20245415284.451.66$4,813
Mar 20247423580.301.55$6,305
Feb 202412528376.091.78$10,016
Jan 202418223873.023.30$14,074
Dec 202318725071.262.61$13,978
Nov 202314520677.892.81$11,872
Oct 2023404985.443.09$3,569
Sep 20231089.042.74$89
Aug 20233080.522.67$242
Jul 2023251274.852.64$1,903
Jun 202311110368.962.26$7,887
May 202310510370.622.23$7,645
Apr 20239616078.122.24$7,858
Mar 202313024072.852.39$10,045
Feb 20231035375.112.47$7,867
Jan 20239719276.533.39$8,074
Dec 202210116676.415.73$8,668
Nov 202210713885.005.65$9,874
Oct 202210411787.185.86$9,753
Sep 20229611184.888.16$9,055
Aug 202210312494.529.13$10,867
Jul 202296130101.587.54$10,732
Jun 2022193236115.097.98$24,095
May 2022237399109.378.43$29,285
Apr 2022144197104.226.84$16,355
Mar 2022147219108.885.08$17,117
Feb 202213320691.054.86$13,111
Jan 202215822481.844.54$13,947
Dec 202116324871.323.90$12,592
Nov 202114623577.435.24$12,535
Oct 202114122679.795.71$12,542
Sep 202113623869.865.35$10,774
Aug 202115022766.024.22$10,861
Jul 202115024070.783.98$11,573
Jun 202112217569.493.38$9,069
May 202118015963.483.02$11,906
Apr 202117122260.362.76$10,934
Mar 202113322961.302.72$8,775
Feb 20216813057.805.55$4,652
Jan 202120628450.412.81$11,183
Dec 202021527144.642.68$10,323
Nov 202010020838.772.71$4,440
Oct 202011819136.972.48$4,836
Sep 202018824737.091.99$7,465
Aug 202017023139.982.39$7,348
Jul 2020597838.371.83$2,406
Jun 20202034.901.69$70
May 20201016.921.81$17
Apr 202011412314.751.80$1,903
Mar 202013015030.341.86$4,223
Feb 202011815049.881.98$6,183
Jan 202013515957.252.09$8,062
Dec 201914312859.012.30$8,733
Nov 20191428855.302.75$8,095
Oct 20191319953.472.42$7,244
Sep 201911712155.052.66$6,762
Aug 2019909853.112.30$5,006
Jul 201910513556.272.46$6,240
Jun 2019858652.782.49$4,701
May 2019667158.482.74$4,054
Apr 201912515762.632.75$8,261
Mar 201911112356.803.06$6,681
Feb 201910211450.852.79$5,505
Jan 201911614546.033.23$5,808
Dec 201811415146.594.19$5,943
Nov 201810412852.934.24$6,047
Oct 201814417761.443.40$9,449
Sep 201812512759.543.11$7,837
Aug 201814315359.403.07$8,963
Jul 201812412065.142.93$8,429
Jun 201816317560.183.08$10,348
May 201810410465.382.90$7,101
Apr 2018171063.842.90$10,917
Mar 2018221061.222.79$13,530
Feb 2018157061.782.77$9,699
Jan 2018183062.874.01$11,505
Dec 20172171557.272.92$12,471
Nov 20172303955.423.12$12,868
Oct 20172091249.292.98$10,337
Sep 2017196047.523.09$9,314
Aug 2017201045.373.00$9,119
Jul 2017230043.873.09$10,090
Jun 2017178042.493.09$7,563
May 2017194045.373.26$8,802
Apr 2017253047.933.21$12,126
Mar 20172535246.772.98$11,988
Feb 20172229750.452.95$11,486
Jan 201723215249.413.42$11,983
Dec 20162497248.763.72$12,409
Nov 201624610042.492.64$10,717
Oct 20161593346.193.09$7,446
Sep 20162157641.553.10$9,169
Aug 20161501841.442.92$6,269
Jul 20161681541.622.92$7,036
Jun 2016202445.352.69$9,171
May 2016205042.521.99$8,717
Apr 2016188036.561.99$6,873
Mar 2016216033.011.79$7,130
Feb 2016196026.472.06$5,188
Jan 2016219027.352.36$5,990
Dec 2015180032.362.00$5,825
Nov 2015180038.792.17$6,982
Oct 2015192043.552.43$8,362
Sep 2015200042.992.76$8,598
Aug 2015180040.162.87$7,229
Jul 2015202048.152.95$9,726
Jun 2015184056.152.88$10,332
May 2015150055.212.96$8,282
Apr 2015179049.822.71$8,918
Mar 2015180042.892.93$7,720
Feb 2015172044.662.98$7,682
Jan 2015186043.433.10$8,078
Dec 2014208054.693.59$11,376
Nov 2014204070.464.25$14,374
Oct 2014159078.303.90$12,450
Sep 2014152086.164.05$13,096
Aug 2014168089.394.04$15,018
Jul 2014213096.564.18$20,567
Jun 2014212098.164.74$20,810
May 2014203094.734.73$19,230
Apr 2014236095.944.81$22,642
Mar 2014267095.895.06$25,603
Feb 2014186097.406.19$18,116
Jan 2014213090.404.86$19,255
Dec 2013244091.824.35$22,404
Nov 2013205088.853.74$18,214
Oct 2013196097.423.78$19,094
Sep 20132202104.113.72$22,912
Aug 201324826104.253.52$25,946
Jul 20132620102.523.72$26,860
Jun 2013243094.403.93$22,939
May 2013227194.834.15$21,531
Apr 2013198093.964.28$18,604
Mar 2013181093.623.91$16,945
Feb 2013173091.233.42$15,783
Jan 20132703391.603.42$24,845
Dec 20122283386.773.42$19,896
Nov 2012220086.953.62$19,129
Oct 20122513189.383.40$22,540
Sep 20122944194.672.92$27,953
Aug 20123135092.662.91$29,148
Jul 20122573385.133.02$21,978
Jun 20122503879.822.52$20,051
May 20122324291.612.49$21,358
Apr 201213439101.652.00$13,699
Mar 201221554105.052.22$22,706
Feb 20122930101.102.57$29,622
Jan 2012310098.092.73$30,408
Dec 2011300096.873.24$29,061
Nov 2011313095.723.31$29,960
Oct 201132411084.983.65$27,935
Sep 201113215983.623.99$11,672
Aug 201117012183.404.15$14,680
Jul 20111838094.144.52$17,589
Jun 20112457092.904.64$23,085
May 20112995498.134.40$29,579
Apr 201133476105.964.33$35,720
Mar 201134313496.364.06$33,595
Feb 20113085285.644.18$26,594
Jan 20113437786.504.59$30,023
Dec 20103619485.734.35$31,357
Nov 201036214480.843.80$29,811
Oct 201034410178.103.51$27,221
Sep 201041915572.633.98$31,049
Aug 201038014973.684.42$28,657
Jul 201045225272.554.74$33,986
Jun 201035426470.364.91$26,204
May 201044426171.124.24$32,683
Apr 201023718581.694.12$20,123
Mar 201036846078.394.39$30,866
Feb 201033443173.585.44$26,921
Jan 201037540674.365.96$30,306
Dec 200929838271.445.48$23,384
Nov 200933016774.593.75$25,241
Oct 200922730972.544.11$17,737
Sep 200930030465.543.06$20,594
Aug 200932527467.423.22$22,793
Jul 200954323661.133.46$34,011
Jun 200935518566.163.90$24,207
May 200935518554.743.93$20,159
Apr 200923718546.773.59$11,748
Mar 200925925842.144.06$11,961
Feb 20096521832.814.63$3,143
Jan 200932522935.865.37$12,884
Dec 200828927037.105.98$12,336
Nov 200826525955.496.86$16,482
Oct 200830928475.246.92$25,215
Sep 2008174191101.767.88$19,211
Aug 2008263292114.228.48$32,517
Jul 2008344330131.0811.39$48,850
Jun 2008354301131.3313.03$50,414
May 2008398336123.1711.57$52,911
Apr 2008342281110.3110.45$40,664
Mar 2008379275101.909.66$41,278
Feb 200830625792.538.77$30,568
Jan 200829022390.388.21$28,040
Dec 200737928288.337.30$35,536
Nov 200736423091.677.29$35,045
Oct 200738922982.856.92$33,814
Sep 200737721575.846.24$29,934
Aug 200742124769.066.39$30,652
Jul 200739419370.906.39$29,167
Jun 200739518262.007.55$25,864
May 200720214158.747.85$12,972
Apr 200718810459.617.81$12,018
Mar 20071959456.927.30$11,786
Feb 20072054555.108.22$11,665
Jan 20072226850.306.73$11,624
Dec 200621411556.656.92$12,919
Nov 20062399354.207.62$13,662
Oct 20062389654.906.01$13,644
Sep 20062298660.085.04$14,192
Aug 20062679268.717.34$19,021
Jul 2006746369.376.34$5,533
Jun 200615411666.286.38$10,948
May 20061379966.016.42$9,679
Apr 20061327864.397.36$9,074
Mar 200610510156.707.08$6,669
Feb 200612410157.597.75$7,924
Jan 20061616760.598.93$10,354
Dec 200515411654.9413.42$10,017
Nov 200513413454.6910.59$8,747
Oct 200517916258.3413.80$12,678
Sep 200516716061.4512.08$12,195
Aug 200516717761.519.80$12,006
Jul 200515314555.697.84$9,658
Jun 200515712452.337.38$9,131
May 200510116245.226.65$5,645
Apr 200510216749.207.36$6,248
Mar 200519912550.377.15$10,918
Feb 20051947245.226.31$9,227
Jan 20051719243.166.32$7,962
Dec 200418115939.866.75$8,288
Nov 200419815145.286.33$9,921
Oct 200416517349.706.52$9,328
Sep 200418021543.245.28$8,919
Aug 200417724442.375.55$8,854
Jul 200417416638.286.08$7,671
Jun 200416916536.106.43$7,162
May 200422112437.486.49$9,088
Apr 200428812634.475.86$10,666
Mar 200427912634.365.53$10,283
Feb 200435714032.455.51$12,356
Jan 200433319432.036.30$11,888
Dec 200336828730.266.30$12,944
Nov 200320620028.804.60$6,852
Oct 200325421928.174.76$8,198
Sep 200339822926.314.75$11,559
Aug 200340326229.765.13$13,337
Jul 200362720229.415.17$19,485
Jun 200344617228.565.98$13,767
May 200329618426.595.97$8,970
Apr 200323520826.675.41$7,392
Mar 200340220231.146.10$13,750
Feb 200330917533.487.93$11,732
Jan 200341721730.315.58$13,851
Dec 200229813326.914.85$8,665
Nov 200233813024.664.14$8,873
Oct 200229119526.464.23$8,525
Sep 200233316827.443.64$9,748
Aug 200240020025.963.16$11,017
Jul 200276330924.583.06$19,701
Jun 200241315723.733.34$10,325
May 200265218424.663.58$16,738
Apr 200275719823.653.51$18,598
Mar 200261816622.003.10$14,111
Feb 200265411818.222.38$12,196
Jan 200247815017.172.38$8,564
Dec 20015747516.932.36$9,895
Nov 20015889418.072.41$10,851
Oct 200158912919.782.53$11,977
Sep 200162010824.262.25$15,284
Aug 20016049524.873.05$15,312
Jul 200163410423.933.20$15,504
Jun 200164916424.563.82$16,567
May 200179712125.524.31$20,861
Apr 200192210524.685.34$23,315
Mar 20018637324.545.38$21,571
Feb 20013467627.755.77$10,040
Jan 20012992,15227.478.40$26,288
Dec 200015712426.889.12$5,351
Nov 200031110632.215.66$10,617
Oct 20004837831.235.15$15,485
Sep 20004475331.875.19$14,521
Aug 20005282729.644.54$15,773
Jul 20002704328.534.09$7,879
Jun 20002109129.304.40$6,553
May 200031311627.263.68$8,959
Apr 200036811624.513.12$9,381
Mar 20004695928.422.86$13,498
Feb 20003705127.622.73$10,358
Jan 20004526925.272.48$11,593
Dec 19994845424.282.42$11,882
Nov 19991193223.192.43$2,838
Oct 199914911320.982.80$3,443
Sep 199914512721.752.62$3,486
Aug 19991393519.262.88$2,778
Jul 19991561217.892.37$2,819
Jun 19991582915.942.36$2,587
May 19991654415.792.32$2,707
Apr 19992427015.102.21$3,809
Mar 19993437712.471.84$4,419
Feb 1999313739.981.82$3,256
Jan 19993226410.381.90$3,464
Dec 1998357639.201.77$3,396
Nov 199831313510.892.19$3,704
Oct 199833619112.421.97$4,549
Sep 199834024512.592.08$4,791
Aug 199839423511.301.91$4,900
Jul 199836820211.742.24$4,772
Jun 199832818111.242.24$4,092
May 199832316012.622.21$4,429
Apr 199834614013.042.51$4,863
Mar 199837312512.802.31$5,063
Feb 199839112313.952.30$5,737
Jan 199830515814.702.15$4,824
Dec 199724115916.322.41$4,316
Nov 199739516118.193.09$7,682
Oct 199737426119.253.15$8,022
Sep 199740025317.742.95$7,844
Aug 199745727917.862.55$8,875
Jul 199743124417.582.25$8,125
Jun 199734320617.242.26$6,378
May 199747927618.972.31$9,724
Apr 199743425217.882.08$8,285
Mar 199745228918.951.94$9,126
Feb 199741926920.492.21$9,179
Jan 199741932623.483.54$10,992
Dec 199643946023.32$10,237
Nov 199650028721.97$10,985
Oct 199646923623.31$10,932
Sep 199638428722.22$8,532
Aug 199653236620.26$10,778
Jul 199645633119.55$8,915
Jun 199624322818.73$4,551
May 199651531219.43$10,006
Apr 199635924321.51$7,722
Mar 199652627219.38$10,194
Feb 199650730516.98$8,609
Jan 199651331917.07$8,757
Dec 199547729817.19$8,200
Nov 199545627716.00$7,296
Oct 199539430315.43$6,079
Sep 199550932516.18$8,236
Aug 199547530415.92$7,562
Jul 199544833215.24$6,828
Jun 199550136816.41$8,221
May 199551436017.56$9,026
Apr 199550932517.73$9,025
Mar 199550835816.44$8,352
Feb 199551733816.58$8,572
Jan 199555038015.92$8,756
Dec 199445334915.03$6,809
Nov 199449934715.90$7,934
Oct 199453234215.58$8,289
Sep 199448132115.29$7,354
Aug 199442527816.13$6,855
Jul 199443731817.56$7,674
Jun 199452232217.09$8,921
May 199446459315.88$7,368
Apr 199451098614.14$7,211
Mar 19944701,05312.46$5,856
Feb 199432359212.50$4,038
Jan 199439976212.66$5,051
Dec 199353387612.33$6,572
Nov 199339175214.49$5,666
Oct 19934542315.85$7,196
Sep 199348425315.03$7,275
Aug 199358666515.66$9,177
Jul 199356275215.46$8,689
Jun 199346564416.79$7,807
May 199358266317.68$10,290
Apr 199352258718.05$9,422
Mar 199348665018.14$8,816
Feb 199343559317.90$7,787
Jan 199348467616.93$8,194

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
Oil                   97 bbl  × $106.41 =    $10,322
Casinghead gas       170 Mcf  × $  3.05 =       $518

────────────────────────────────────────────────────
Month total                                  $10,840

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. 06/O/1111 is the state's own key, not one this site invented.