TERRY, I. W.

Name: TERRY, I. W. lease production and value, Dec 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MERIT ENERGY COMPANY (P-5 561136) in the CONGER, SW (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 153109District 08Field 20101500CondensateGasSave Export

Value, all time

$814 k

Dec 1994 – Nov 2010

Value, last 12 filed months

$35 k

at the published price for each month

Months reported

192

no gaps in the span

Streams

condensate, gas

The CONGER, SW (PENN) 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 271 leases and 445 wells, and the rule below applies to all of them.

Discovered

1979-02-21

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-07-01.

The Commission's schedule remark for this field reads: “OPERATOR REQUEST. TEXACO E & P INC ALLICIANT..”

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
Condensate	Disposition	3,168 bbl	$89,349
Gas	Production	191,540 Mcf	$724,917
Total			$814,266

39,291 Mcf of this lease's gas, across 25 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 31.6693, -101.2643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.66932, -101.26430 · 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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

9,800 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

1100.0%

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.

00.0%

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 9,800 ft.

Completions filed

Nov 2010

1 of 1 wells

1 well


42-43130730	1	9,800 ft	Nov 2010	—	Yes

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 (192)

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

192 months


Nov 2010	7	0	80.84	3.80	$566
Oct 2010	4	194	78.10	3.51	$993
Sep 2010	7	364	72.63	3.98	$1,957
Aug 2010	0	503	73.68	4.42	$2,223
Jul 2010	7	461	72.55	4.74	$2,691
Jun 2010	19	414	70.36	4.91	$3,370
May 2010	26	260	71.12	4.24	$2,950
Apr 2010	0	753	81.69	4.12	$3,104
Mar 2010	11	879	78.39	4.39	$4,720
Feb 2010	0	753	73.58	5.44	$4,098
Jan 2010	0	657	74.36	5.96	$3,918
Dec 2009	0	743	71.44	5.48	$4,074
Nov 2009	1	473	74.59	3.75	$1,849
Oct 2009	1	0	72.54	4.11	$73
Sep 2009	2	287	65.54	3.06	$1,011
Aug 2009	2	628	67.42	3.22	$2,156
Jul 2009	3	856	61.13	3.46	$3,149
Jun 2009	3	1,066	66.16	3.90	$4,351
May 2009	2	289	54.74	3.93	$1,244
Apr 2009	3	199	46.77	3.59	$854
Mar 2009	3	567	42.14	4.06	$2,428
Feb 2009	20	341	32.81	4.63	$2,236
Jan 2009	140	780	35.86	5.37	$9,210
Dec 2008	0	894	37.10	5.98	$5,344
Nov 2008	0	890	55.49	6.86	$6,106
Oct 2008	0	984	75.24	6.92	$6,811
Sep 2008	0	854	101.76	7.88	$6,727
Aug 2008	0	793	114.22	8.48	$6,727
Jul 2008	0	870	131.08	11.39	$9,909
Jun 2008	0	818	131.33	13.03	$10,661
May 2008	0	922	123.17	11.57	$10,672
Apr 2008	0	784	110.31	10.45	$8,197
Mar 2008	0	752	101.90	9.66	$7,267
Feb 2008	0	601	92.53	8.77	$5,271
Jan 2008	0	695	90.38	8.21	$5,703
Dec 2007	0	886	88.33	7.30	$6,470
Nov 2007	41	990	91.67	7.29	$10,977
Oct 2007	0	717	82.85	6.92	$4,963
Sep 2007	0	593	75.84	6.24	$3,703
Aug 2007	0	681	69.06	6.39	$4,350
Jul 2007	0	645	70.90	6.39	$4,120
Jun 2007	0	701	62.00	7.55	$5,291
May 2007	37	718	58.74	7.85	$7,807
Apr 2007	0	720	59.61	7.81	$5,620
Mar 2007	0	746	56.92	7.30	$5,447
Feb 2007	0	683	55.10	8.22	$5,612
Jan 2007	23	797	50.30	6.73	$6,518
Dec 2006	0	808	56.65	6.92	$5,590
Nov 2006	0	874	54.20	7.62	$6,658
Oct 2006	36	852	54.90	6.01	$7,100
Sep 2006	0	906	60.08	5.04	$4,564
Aug 2006	0	770	68.71	7.34	$5,652
Jul 2006	35	740	69.37	6.34	$7,122
Jun 2006	0	760	66.28	6.38	$4,852
May 2006	0	734	66.01	6.42	$4,716
Apr 2006	24	728	64.39	7.36	$6,904
Mar 2006	0	709	56.70	7.08	$5,022
Feb 2006	0	632	57.59	7.75	$4,899
Jan 2006	23	707	60.59	8.93	$7,709
Dec 2005	0	11	54.94	13.42	$148
Nov 2005	20	837	54.69	10.59	$9,956
Oct 2005	0	876	58.34	13.80	$12,085
Sep 2005	0	948	61.45	12.08	$11,451
Aug 2005	17	1,042	61.51	9.80	$11,254
Jul 2005	0	886	55.69	7.84	$6,949
Jun 2005	0	164	52.33	7.38	$1,210
May 2005	19	185	45.22	6.65	$2,090
Apr 2005	0	191	49.20	7.36	$1,406
Mar 2005	19	387	50.37	7.15	$3,726
Feb 2005	20	183	45.22	6.31	$2,059
Jan 2005	0	126	43.16	6.32	$797
Dec 2004	18	216	39.86	6.75	$2,176
Nov 2004	17	847	45.28	6.33	$6,132
Oct 2004	0	1,116	49.70	6.52	$7,271
Sep 2004	0	963	43.24	5.28	$5,088
Aug 2004	9	1,087	42.37	5.55	$6,415
Jul 2004	0	1,071	38.28	6.08	$6,516
Jun 2004	9	1,057	36.10	6.43	$7,125
May 2004	0	1,076	37.48	6.49	$6,988
Apr 2004	7	978	34.47	5.86	$5,971
Mar 2004	6	1,072	34.36	5.53	$6,134
Feb 2004	7	812	32.45	5.51	$4,701
Jan 2004	8	1,179	32.03	6.30	$7,684
Dec 2003	8	1,182	30.26	6.30	$7,691
Nov 2003	12	1,109	28.80	4.60	$5,442
Oct 2003	5	1,356	28.17	4.76	$6,595
Sep 2003	5	1,316	26.31	4.75	$6,382
Aug 2003	5	1,373	29.76	5.13	$7,192
Jul 2003	6	1,311	29.41	5.17	$6,955
Jun 2003	2	1,015	28.56	5.98	$6,130
May 2003	1	838	26.59	5.97	$5,032
Apr 2003	6	822	26.67	5.41	$4,605
Mar 2003	37	956	31.14	6.10	$6,980
Feb 2003	52	1,190	33.48	7.93	$11,173
Jan 2003	0	1,217	30.31	5.58	$6,793
Dec 2002	0	1,677	26.91	4.85	$8,140
Nov 2002	54	1,600	24.66	4.14	$7,951
Oct 2002	0	1,656	26.46	4.23	$7,003
Sep 2002	55	1,601	27.44	3.64	$7,329
Aug 2002	0	1,508	25.96	3.16	$4,772
Jul 2002	0	1,708	24.58	3.06	$5,229
Jun 2002	60	1,530	23.73	3.34	$6,531
May 2002	0	1,545	24.66	3.58	$5,537
Apr 2002	62	1,499	23.65	3.51	$6,731
Mar 2002	0	1,473	22.00	3.10	$4,570
Feb 2002	0	1,506	18.22	2.38	$3,578
Jan 2002	0	1,711	17.17	2.38	$4,065
Dec 2001	173	1,715	16.93	2.36	$6,984
Nov 2001	107	1,559	18.07	2.41	$5,684
Oct 2001	0	1,203	19.78	2.53	$3,042
Sep 2001	121	1,353	24.26	2.25	$5,982
Aug 2001	0	1,326	24.87	3.05	$4,048
Jul 2001	167	1,009	23.93	3.20	$7,222
Jun 2001	162	1,036	24.56	3.82	$7,941
May 2001	152	1,215	25.52	4.31	$9,112
Apr 2001	0	876	24.68	5.34	$4,674
Mar 2001	0	961	24.54	5.38	$5,167
Feb 2001	0	719	27.75	5.77	$4,147
Jan 2001	81	920	27.47	8.40	$9,952
Dec 2000	0	815	26.88	9.12	$7,435
Nov 2000	0	913	32.21	5.66	$5,166
Oct 2000	0	888	31.23	5.15	$4,569
Sep 2000	0	980	31.87	5.19	$5,083
Aug 2000	4	1,062	29.64	4.54	$4,941
Jul 2000	0	834	28.53	4.09	$3,411
Jun 2000	0	797	29.30	4.40	$3,505
May 2000	83	853	27.26	3.68	$5,401
Apr 2000	0	908	24.51	3.12	$2,829
Mar 2000	41	834	28.42	2.86	$3,550
Feb 2000	0	859	27.62	2.73	$2,342
Jan 2000	0	981	25.27	2.48	$2,433
Dec 1999	0	1,109	24.28	2.42	$2,688
Nov 1999	0	913	23.19	2.43	$2,222
Oct 1999	0	934	20.98	2.80	$2,619
Sep 1999	0	857	21.75	2.62	$2,244
Aug 1999	0	827	19.26	2.88	$2,378
Jul 1999	0	923	17.89	2.37	$2,190
Jun 1999	47	901	15.94	2.36	$2,877
May 1999	0	920	15.79	2.32	$2,135
Apr 1999	0	1,115	15.10	2.21	$2,462
Mar 1999	62	1,019	12.47	1.84	$2,646
Feb 1999	0	1,011	9.98	1.82	$1,838
Jan 1999	0	1,112	10.38	1.90	$2,113
Dec 1998	0	1,125	9.20	1.77	$1,995
Nov 1998	0	1,119	10.89	2.19	$2,446
Oct 1998	62	1,304	12.42	1.97	$3,338
Sep 1998	0	1,094	12.59	2.08	$2,278
Aug 1998	0	1,042	11.30	1.91	$1,987
Jul 1998	0	1,047	11.74	2.24	$2,342
Jun 1998	0	1,094	11.24	2.24	$2,448
May 1998	0	996	12.62	2.21	$2,198
Apr 1998	67	1,101	13.04	2.51	$3,632
Mar 1998	0	1,077	12.80	2.31	$2,487
Feb 1998	0	1,290	13.95	2.30	$2,966
Jan 1998	0	1,277	14.70	2.15	$2,752
Dec 1997	70	1,291	16.32	2.41	$4,255
Nov 1997	0	1,037	18.19	3.09	$3,203
Oct 1997	74	974	19.25	3.15	$4,492
Sep 1997	0	822	17.74	2.95	$2,429
Aug 1997	0	959	17.86	2.55	$2,450
Jul 1997	0	1,391	17.58	2.25	$3,125
Jun 1997	0	919	17.24	2.26	$2,074
May 1997	89	1,050	18.97	2.31	$4,112
Apr 1997	0	1,048	17.88	2.08	$2,183
Mar 1997	0	1,140	18.95	1.94	$2,211
Feb 1997	0	1,354	20.49	2.21	$2,987
Jan 1997	0	1,011	23.48	3.54	$3,579
Dec 1996	0	1,092	23.32	—	$0
Nov 1996	0	1,195	21.97	—	$0
Oct 1996	109	1,123	23.31	—	$2,541
Sep 1996	0	1,030	22.22	—	$0
Aug 1996	0	1,240	20.26	—	$0
Jul 1996	117	1,680	19.55	—	$2,287
Jun 1996	0	3,046	18.73	—	$0
May 1996	127	2,488	19.43	—	$2,468
Apr 1996	0	2,494	21.51	—	$0
Mar 1996	65	2,424	19.38	—	$1,260
Feb 1996	0	1,256	16.98	—	$0
Jan 1996	0	1,201	17.07	—	$0
Dec 1995	0	1,415	17.19	—	$0
Nov 1995	14	1,546	16.00	—	$224
Oct 1995	61	1,901	15.43	—	$941
Sep 1995	3	1,393	16.18	—	$49
Aug 1995	0	780	15.92	—	$0
Jul 1995	0	770	15.24	—	$0
Jun 1995	0	770	16.41	—	$0
May 1995	84	778	17.56	—	$1,475
Apr 1995	0	1,442	17.73	—	$0
Mar 1995	0	2,300	16.44	—	$0
Feb 1995	0	2,346	16.58	—	$0
Jan 1995	0	1,763	15.92	—	$0
Dec 1994	0	1,818	15.03	—	$0

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.

Nov 2010 — as filed, then multipliedworked

Condensate             7 bbl  × $ 80.84 =       $566
Gas                    0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                     $566

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. 08/G/153109 is the state's own key, not one this site invented.