TERRY, I. W.

Operated by HUNT OIL COMPANY (P-5 416330) 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 157878District 08Field 20101500CondensateGasSaveExport
Value, all time
$753 k
Jan 1996 – May 2014
Value, last 12 filed months
$5 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 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.

StreamBasisVolumeValue
CondensateDisposition1,628 bbl$48,821
GasProduction164,687 Mcf$704,240
Total$753,061

16,860 Mcf of this lease's gas, across 12 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 31.6718, -101.2567. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67183, -101.25673 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,500 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 8,500 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-43131054148,500 ftMay 2014Yes

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 20140094.734.73$0
Apr 201405195.944.81$245
Mar 201407195.895.06$359
Feb 201402497.406.19$149
Jan 20140090.404.86$0
Dec 2013017591.824.35$762
Nov 201301088.853.74$37
Oct 20130097.423.78$0
Sep 20130108104.113.72$402
Aug 20130249104.253.52$877
Jul 20130234102.523.72$870
Jun 2013032194.403.93$1,263
May 2013043094.834.15$1,784
Apr 2013037993.964.28$1,623
Mar 2013051193.623.91$1,999
Feb 2013041391.233.42$1,412
Jan 2013050091.603.42$1,710
Dec 2012047086.773.42$1,607
Nov 2012029686.953.62$1,073
Oct 2012046689.383.40$1,584
Sep 2012038494.672.92$1,121
Aug 2012037992.662.91$1,102
Jul 2012036885.133.02$1,112
Jun 2012031179.822.52$783
May 2012035791.612.49$888
Apr 20120257101.652.00$513
Mar 20120312105.052.22$693
Feb 20120226101.102.57$581
Jan 2012020698.092.73$563
Dec 2011029196.873.24$943
Nov 2011056895.723.31$1,881
Oct 2011043084.983.65$1,569
Sep 20110083.623.99$0
Aug 2011011683.404.15$481
Jul 201101794.144.52$77
Jun 2011025592.904.64$1,183
May 2011129198.134.40$1,380
Apr 20111288105.964.33$1,354
Mar 2011133596.364.06$1,456
Feb 2011124185.644.18$1,093
Jan 2011025486.504.59$1,166
Dec 2010023585.734.35$1,022
Nov 2010029680.843.80$1,123
Oct 2010031078.103.51$1,088
Sep 2010031972.633.98$1,269
Aug 2010040073.684.42$1,768
Jul 2010035972.554.74$1,700
Jun 2010035670.364.91$1,748
May 2010027471.124.24$1,160
Apr 2010059581.694.12$2,453
Mar 2010163578.394.39$2,865
Feb 2010064173.585.44$3,489
Jan 2010573274.365.96$4,738
Dec 2009172471.445.48$4,042
Nov 2009189274.593.75$3,421
Oct 2009277072.544.11$3,310
Sep 2009262265.543.06$2,037
Aug 2009254467.423.22$1,886
Jul 2009373061.133.46$2,712
Jun 2009499266.163.90$4,128
May 2009378654.743.93$3,250
Apr 2009544746.773.59$1,837
Mar 2009441342.144.06$1,845
Feb 20093024032.814.63$2,096
Jan 200911157635.865.37$7,074
Dec 2008075137.105.98$4,489
Nov 2008077955.496.86$5,344
Oct 2008081275.246.92$5,621
Sep 20080750101.767.88$5,908
Aug 20080694114.228.48$5,887
Jul 20080797131.0811.39$9,077
Jun 20080736131.3313.03$9,592
May 20080830123.1711.57$9,607
Apr 20080705110.3110.45$7,371
Mar 20080693101.909.66$6,697
Feb 2008055892.538.77$4,894
Jan 2008062290.388.21$5,104
Dec 2007079888.337.30$5,827
Nov 20072892491.677.29$9,304
Oct 2007066982.856.92$4,631
Sep 2007055375.846.24$3,453
Aug 2007064669.066.39$4,127
Jul 2007075570.906.39$4,823
Jun 2007075062.007.55$5,661
May 20072777758.747.85$7,683
Apr 2007076659.617.81$5,979
Mar 2007079556.927.30$5,805
Feb 2007072755.108.22$5,973
Jan 20072584850.306.73$6,962
Dec 2006087156.656.92$6,026
Nov 2006087954.207.62$6,696
Oct 20063385254.906.01$6,935
Sep 2006090660.085.04$4,564
Aug 2006077168.717.34$5,659
Jul 20062473969.376.34$6,352
Jun 2006076166.286.38$4,858
May 2006073466.016.42$4,716
Apr 20061672864.397.36$6,389
Mar 2006071056.707.08$5,029
Feb 2006063257.597.75$4,899
Jan 20061670860.598.93$7,294
Dec 20050854.9413.42$107
Nov 20051483754.6910.59$9,628
Oct 2005087658.3413.80$12,085
Sep 2005094861.4512.08$11,451
Aug 2005131,04261.519.80$11,008
Jul 200501,01355.697.84$7,946
Jun 2005017752.337.38$1,306
May 20051319745.226.65$1,898
Apr 2005020749.207.36$1,524
Mar 20051342050.377.15$3,660
Feb 20051319945.226.31$1,844
Jan 2005013643.166.32$860
Dec 20041323539.866.75$2,105
Nov 20041291945.286.33$6,361
Oct 200401,21149.706.52$7,890
Sep 200401,05343.245.28$5,564
Aug 200491,11942.375.55$6,593
Jul 200401,10538.286.08$6,723
Jun 2004999736.106.43$6,739
May 200401,13437.486.49$7,365
Apr 2004889634.475.86$5,525
Mar 200461,04834.365.53$6,002
Feb 2004579932.455.51$4,564
Jan 2004595832.036.30$6,195
Dec 2003594030.266.30$6,075
Nov 2003885128.804.60$4,141
Oct 200341,03428.174.76$5,034
Sep 200331,01826.314.75$4,914
Aug 200331,10429.765.13$5,752
Jul 200331,05929.415.17$5,564
Jun 2003185428.565.98$5,138
May 2003171926.595.97$4,321
Apr 2003876326.675.41$4,339
Mar 20033188731.146.10$6,373
Feb 20034292333.487.93$8,722
Jan 2003094430.315.58$5,269
Dec 200201,37226.914.85$6,659
Nov 2002391,30824.664.14$6,373
Oct 200201,35526.464.23$5,730
Sep 2002371,31027.443.64$5,777
Aug 200201,23325.963.16$3,901
Jul 200201,39724.583.06$4,277
Jun 2002301,25123.733.34$4,888
May 200201,26424.663.58$4,530
Apr 2002291,22723.653.51$4,995
Mar 200201,20522.003.10$3,739
Feb 200201,23218.222.38$2,927
Jan 200201,40017.172.38$3,326
Dec 2001831,40316.932.36$4,722
Nov 2001511,27618.072.41$3,991
Oct 2001098519.782.53$2,491
Sep 2001531,10724.262.25$3,778
Aug 200101,08624.873.05$3,316
Jul 2001382623.933.20$2,713
Jun 2001584724.563.82$3,362
May 2001799525.524.31$4,464
Apr 2001071624.685.34$3,820
Mar 2001078724.545.38$4,231
Feb 2001058927.755.77$3,397
Jan 20016075327.478.40$7,972
Dec 2000066726.889.12$6,085
Nov 2000074832.215.66$4,232
Oct 2000072631.235.15$3,736
Sep 2000080331.875.19$4,165
Aug 2000386929.644.54$4,035
Jul 2000068228.534.09$2,789
Jun 2000065329.304.40$2,871
May 20008369827.263.68$4,831
Apr 2000074324.513.12$2,315
Mar 20004168228.422.86$3,116
Feb 2000070327.622.73$1,917
Jan 2000080325.272.48$1,992
Dec 1999090824.282.42$2,201
Nov 1999074723.192.43$1,818
Oct 1999076520.982.80$2,145
Sep 1999070121.752.62$1,836
Aug 1999067719.262.88$1,947
Jul 1999075417.892.37$1,789
Jun 19994773715.942.36$2,490
May 1999075315.792.32$1,748
Apr 1999091315.102.21$2,016
Mar 19996183412.471.84$2,294
Feb 199909619.981.82$1,747
Jan 1999097910.381.90$1,860
Dec 199809909.201.77$1,756
Nov 1998092810.892.19$2,028
Oct 1998621,04212.421.97$2,822
Sep 1998087512.592.08$1,822
Aug 1998083311.301.91$1,589
Jul 1998087311.742.24$1,953
Jun 1998090011.242.24$2,014
May 1998081512.622.21$1,798
Apr 19986590113.042.51$3,105
Mar 1998088112.802.31$2,035
Feb 199801,05513.952.30$2,426
Jan 199801,04814.702.15$2,258
Dec 1997661,17116.322.41$3,901
Nov 199701,18718.193.09$3,666
Oct 199701,22019.253.15$3,843
Sep 199701,00617.742.95$2,973
Aug 1997066117.862.55$1,689
Jul 1997085817.582.25$1,928
Jun 1997090917.242.26$2,052
May 199701,01518.972.31$2,343
Apr 199701,01317.882.08$2,110
Mar 199701,10318.951.94$2,139
Feb 199701,18520.492.21$2,614
Jan 1997079023.483.54$2,796
Dec 1996088723.32$0
Nov 1996096421.97$0
Oct 19967990523.31$1,841
Sep 199601,03022.22$0
Aug 199601,24020.26$0
Jul 1996711,66819.55$1,388
Jun 1996054618.73$0
May 1996642,49219.43$1,244
Apr 199602,33021.51$0
Mar 199602,32919.38$0
Feb 199601,25416.98$0
Jan 199601,21517.07$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.

Apr 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.94 =         $0
Gas                   51 Mcf  × $  4.81 =       $245

────────────────────────────────────────────────────
Month total                                     $245

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/157878 is the state's own key, not one this site invented.