TERRY OU 1

Name: TERRY OU 1 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the TALCO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12688District 06Field 88207001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$3.9 M

Jan 1993 – Oct 2011

Value, last 12 filed months

$231 k

at the published price for each month

Months reported

226

no gaps in the span

Streams

oil, casinghead gas

The TALCO field

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 229 leases and 1,675 wells, and the rule below applies to all of them.

Discovered

1936-03-16

as the register files it

Field class

Oil

the register's own label

Between wells

0 ft

minimum

From a lease line

233 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2012-11-06.

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: “NON-CURRENT RESTR.REMOVED ALSO FOR API#(159-30200,30572)-HAGANSPOR”

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.

Stream	Basis	Volume	Value
Oil	Disposition	123,757 bbl	$3,934,721
Casinghead gas	Production	23 Mcf	$0
Total			$3,934,721

23 Mcf of this lease's gas, across 23 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 (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 33.3421, -95.2074. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34207, -95.20743 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

4,450 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 4,450 ft.

Completions filed

Jan 1990

1 of 1 wells

1 well


42-15930466	1	4,450 ft	Jan 1990	—	—

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


Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	230	0	92.90	4.64	$21,367
May 2011	412	0	98.13	4.40	$40,430
Apr 2011	320	0	105.96	4.33	$33,907
Mar 2011	402	0	96.36	4.06	$38,737
Feb 2011	321	0	85.64	4.18	$27,490
Jan 2011	168	0	86.50	4.59	$14,532
Dec 2010	337	0	85.73	4.35	$28,891
Nov 2010	322	0	80.84	3.80	$26,030
Oct 2010	354	0	78.10	3.51	$27,647
Sep 2010	306	0	72.63	3.98	$22,225
Aug 2010	324	0	73.68	4.42	$23,872
Jul 2010	295	0	72.55	4.74	$21,402
Jun 2010	308	0	70.36	4.91	$21,671
May 2010	311	0	71.12	4.24	$22,118
Apr 2010	248	0	81.69	4.12	$20,259
Mar 2010	287	0	78.39	4.39	$22,498
Feb 2010	277	0	73.58	5.44	$20,382
Jan 2010	453	0	74.36	5.96	$33,685
Dec 2009	483	0	71.44	5.48	$34,506
Nov 2009	449	0	74.59	3.75	$33,491
Oct 2009	500	0	72.54	4.11	$36,270
Sep 2009	547	0	65.54	3.06	$35,850
Aug 2009	383	0	67.42	3.22	$25,822
Jul 2009	309	0	61.13	3.46	$18,889
Jun 2009	231	0	66.16	3.90	$15,283
May 2009	305	0	54.74	3.93	$16,696
Apr 2009	350	0	46.77	3.59	$16,370
Mar 2009	349	0	42.14	4.06	$14,707
Feb 2009	308	0	32.81	4.63	$10,105
Jan 2009	376	0	35.86	5.37	$13,483
Dec 2008	343	0	37.10	5.98	$12,725
Nov 2008	372	0	55.49	6.86	$20,642
Oct 2008	396	0	75.24	6.92	$29,795
Sep 2008	357	0	101.76	7.88	$36,328
Aug 2008	396	0	114.22	8.48	$45,231
Jul 2008	392	0	131.08	11.39	$51,383
Jun 2008	407	0	131.33	13.03	$53,451
May 2008	338	0	123.17	11.57	$41,631
Apr 2008	414	0	110.31	10.45	$45,668
Mar 2008	354	0	101.90	9.66	$36,073
Feb 2008	383	0	92.53	8.77	$35,439
Jan 2008	314	0	90.38	8.21	$28,379
Dec 2007	67	0	88.33	7.30	$5,918
Nov 2007	322	0	91.67	7.29	$29,518
Oct 2007	379	0	82.85	6.92	$31,400
Sep 2007	343	0	75.84	6.24	$26,013
Aug 2007	390	0	69.06	6.39	$26,933
Jul 2007	463	0	70.90	6.39	$32,827
Jun 2007	324	0	62.00	7.55	$20,088
May 2007	356	0	58.74	7.85	$20,911
Apr 2007	334	0	59.61	7.81	$19,910
Mar 2007	354	0	56.92	7.30	$20,150
Feb 2007	321	0	55.10	8.22	$17,687
Jan 2007	369	0	50.30	6.73	$18,561
Dec 2006	360	0	56.65	6.92	$20,394
Nov 2006	417	0	54.20	7.62	$22,601
Oct 2006	442	0	54.90	6.01	$24,266
Sep 2006	411	0	60.08	5.04	$24,693
Aug 2006	420	0	68.71	7.34	$28,858
Jul 2006	451	0	69.37	6.34	$31,286
Jun 2006	424	0	66.28	6.38	$28,103
May 2006	395	0	66.01	6.42	$26,074
Apr 2006	388	0	64.39	7.36	$24,983
Mar 2006	440	0	56.70	7.08	$24,948
Feb 2006	388	0	57.59	7.75	$22,345
Jan 2006	453	0	60.59	8.93	$27,447
Dec 2005	423	0	54.94	13.42	$23,240
Nov 2005	412	0	54.69	10.59	$22,532
Oct 2005	443	0	58.34	13.80	$25,845
Sep 2005	463	0	61.45	12.08	$28,451
Aug 2005	460	0	61.51	9.80	$28,295
Jul 2005	305	0	55.69	7.84	$16,985
Jun 2005	401	0	52.33	7.38	$20,984
May 2005	442	0	45.22	6.65	$19,987
Apr 2005	362	0	49.20	7.36	$17,810
Mar 2005	405	0	50.37	7.15	$20,400
Feb 2005	379	0	45.22	6.31	$17,138
Jan 2005	390	0	43.16	6.32	$16,832
Dec 2004	398	0	39.86	6.75	$15,864
Nov 2004	410	0	45.28	6.33	$18,565
Oct 2004	415	0	49.70	6.52	$20,626
Sep 2004	436	0	43.24	5.28	$18,853
Aug 2004	382	0	42.37	5.55	$16,185
Jul 2004	426	0	38.28	6.08	$16,307
Jun 2004	430	0	36.10	6.43	$15,523
May 2004	460	0	37.48	6.49	$17,241
Apr 2004	423	0	34.47	5.86	$14,581
Mar 2004	504	0	34.36	5.53	$17,317
Feb 2004	453	0	32.45	5.51	$14,700
Jan 2004	430	0	32.03	6.30	$13,773
Dec 2003	398	0	30.26	6.30	$12,043
Nov 2003	441	0	28.80	4.60	$12,701
Oct 2003	517	0	28.17	4.76	$14,564
Sep 2003	544	0	26.31	4.75	$14,313
Aug 2003	568	0	29.76	5.13	$16,904
Jul 2003	526	0	29.41	5.17	$15,470
Jun 2003	237	0	28.56	5.98	$6,769
May 2003	240	0	26.59	5.97	$6,382
Apr 2003	410	0	26.67	5.41	$10,935
Mar 2003	419	0	31.14	6.10	$13,048
Feb 2003	502	0	33.48	7.93	$16,807
Jan 2003	502	0	30.31	5.58	$15,216
Dec 2002	349	0	26.91	4.85	$9,392
Nov 2002	454	0	24.66	4.14	$11,196
Oct 2002	634	0	26.46	4.23	$16,776
Sep 2002	563	0	27.44	3.64	$15,449
Aug 2002	644	0	25.96	3.16	$16,718
Jul 2002	658	0	24.58	3.06	$16,174
Jun 2002	618	0	23.73	3.34	$14,665
May 2002	274	0	24.66	3.58	$6,757
Apr 2002	581	0	23.65	3.51	$13,741
Mar 2002	571	0	22.00	3.10	$12,562
Feb 2002	452	0	18.22	2.38	$8,235
Jan 2002	2,213	0	17.17	2.38	$37,997
Dec 2001	619	0	16.93	2.36	$10,480
Nov 2001	694	0	18.07	2.41	$12,541
Oct 2001	817	0	19.78	2.53	$16,160
Sep 2001	686	0	24.26	2.25	$16,642
Aug 2001	639	0	24.87	3.05	$15,892
Jul 2001	880	0	23.93	3.20	$21,058
Jun 2001	474	0	24.56	3.82	$11,641
May 2001	797	0	25.52	4.31	$20,339
Apr 2001	728	0	24.68	5.34	$17,967
Mar 2001	515	0	24.54	5.38	$12,638
Feb 2001	397	0	27.75	5.77	$11,017
Jan 2001	633	0	27.47	8.40	$17,389
Dec 2000	543	0	26.88	9.12	$14,596
Nov 2000	743	0	32.21	5.66	$23,932
Oct 2000	508	0	31.23	5.15	$15,865
Sep 2000	422	0	31.87	5.19	$13,449
Aug 2000	527	0	29.64	4.54	$15,620
Jul 2000	420	0	28.53	4.09	$11,983
Jun 2000	693	0	29.30	4.40	$20,305
May 2000	378	0	27.26	3.68	$10,304
Apr 2000	576	0	24.51	3.12	$14,118
Mar 2000	623	0	28.42	2.86	$17,706
Feb 2000	552	0	27.62	2.73	$15,246
Jan 2000	746	0	25.27	2.48	$18,851
Dec 1999	1,015	0	24.28	2.42	$24,644
Nov 1999	390	0	23.19	2.43	$9,044
Oct 1999	582	0	20.98	2.80	$12,210
Sep 1999	391	0	21.75	2.62	$8,504
Aug 1999	855	0	19.26	2.88	$16,467
Jul 1999	791	0	17.89	2.37	$14,151
Jun 1999	718	0	15.94	2.36	$11,445
May 1999	678	0	15.79	2.32	$10,706
Apr 1999	768	0	15.10	2.21	$11,597
Mar 1999	1,010	0	12.47	1.84	$12,595
Feb 1999	464	0	9.98	1.82	$4,631
Jan 1999	688	0	10.38	1.90	$7,141
Dec 1998	561	0	9.20	1.77	$5,161
Nov 1998	629	0	10.89	2.19	$6,850
Oct 1998	687	0	12.42	1.97	$8,533
Sep 1998	949	0	12.59	2.08	$11,948
Aug 1998	728	0	11.30	1.91	$8,226
Jul 1998	978	0	11.74	2.24	$11,482
Jun 1998	955	0	11.24	2.24	$10,734
May 1998	730	0	12.62	2.21	$9,213
Apr 1998	399	0	13.04	2.51	$5,203
Mar 1998	459	0	12.80	2.31	$5,875
Feb 1998	567	0	13.95	2.30	$7,910
Jan 1998	968	0	14.70	2.15	$14,230
Dec 1997	645	0	16.32	2.41	$10,526
Nov 1997	733	0	18.19	3.09	$13,333
Oct 1997	805	0	19.25	3.15	$15,496
Sep 1997	867	0	17.74	2.95	$15,381
Aug 1997	749	0	17.86	2.55	$13,377
Jul 1997	661	0	17.58	2.25	$11,620
Jun 1997	413	0	17.24	2.26	$7,120
May 1997	556	0	18.97	2.31	$10,547
Apr 1997	441	0	17.88	2.08	$7,885
Mar 1997	452	0	18.95	1.94	$8,565
Feb 1997	558	0	20.49	2.21	$11,433
Jan 1997	608	0	23.48	3.54	$14,276
Dec 1996	613	0	23.32	—	$14,295
Nov 1996	539	0	21.97	—	$11,842
Oct 1996	548	0	23.31	—	$12,774
Sep 1996	579	0	22.22	—	$12,865
Aug 1996	655	0	20.26	—	$13,270
Jul 1996	683	0	19.55	—	$13,353
Jun 1996	718	0	18.73	—	$13,448
May 1996	631	0	19.43	—	$12,260
Apr 1996	493	0	21.51	—	$10,604
Mar 1996	668	0	19.38	—	$12,946
Feb 1996	717	0	16.98	—	$12,175
Jan 1996	825	0	17.07	—	$14,083
Dec 1995	598	0	17.19	—	$10,280
Nov 1995	654	0	16.00	—	$10,464
Oct 1995	789	0	15.43	—	$12,174
Sep 1995	677	0	16.18	—	$10,954
Aug 1995	708	0	15.92	—	$11,271
Jul 1995	627	0	15.24	—	$9,555
Jun 1995	658	0	16.41	—	$10,798
May 1995	662	0	17.56	—	$11,625
Apr 1995	567	0	17.73	—	$10,053
Mar 1995	713	0	16.44	—	$11,722
Feb 1995	867	0	16.58	—	$14,375
Jan 1995	710	0	15.92	—	$11,303
Dec 1994	819	0	15.03	—	$12,310
Nov 1994	761	1	15.90	—	$12,100
Oct 1994	718	1	15.58	—	$11,186
Sep 1994	778	1	15.29	—	$11,896
Aug 1994	746	1	16.13	—	$12,033
Jul 1994	737	1	17.56	—	$12,942
Jun 1994	681	1	17.09	—	$11,638
May 1994	833	1	15.88	—	$13,228
Apr 1994	1,006	1	14.14	—	$14,225
Mar 1994	878	1	12.46	—	$10,940
Feb 1994	839	1	12.50	—	$10,488
Jan 1994	918	1	12.66	—	$11,622
Dec 1993	1,083	1	12.33	—	$13,353
Nov 1993	1,053	1	14.49	—	$15,258
Oct 1993	1,061	1	15.85	—	$16,817
Sep 1993	685	1	15.03	—	$10,296
Aug 1993	974	1	15.66	—	$15,253
Jul 1993	1,110	1	15.46	—	$17,161
Jun 1993	949	1	16.79	—	$15,934
May 1993	1,188	1	17.68	—	$21,004
Apr 1993	1,105	1	18.05	—	$19,945
Mar 1993	760	1	18.14	—	$13,786
Feb 1993	911	1	17.90	—	$16,307
Jan 1993	1,098	1	16.93	—	$18,589

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.

Jun 2011 — as filed, then multipliedworked

Oil                  230 bbl  × $ 92.90 =    $21,367
Casinghead gas         0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                  $21,367

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/12688 is the state's own key, not one this site invented.