TERRY, I. W. "A"

Name: TERRY, I. W. "A" lease production and value, Jan 1996 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 157883District 08Field 20101500CondensateGasSave Export

Value, all time

$89 k

Jan 1996 – Dec 2010

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

180

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	241 bbl	$5,867
Gas	Production	17,591 Mcf	$83,062
Total			$88,930

1,987 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 31.6823, -101.2810. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68227, -101.28097 · 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

8,665 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 8,665 ft.

Completions filed

May 2010

1 of 1 wells

1 well


42-17331070	5	8,665 ft	May 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 (180)

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

180 months


Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	6	0	72.63	3.98	$436
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	45	81.69	4.12	$186
Mar 2010	0	73	78.39	4.39	$320
Feb 2010	0	125	73.58	5.44	$680
Jan 2010	0	128	74.36	5.96	$763
Dec 2009	0	124	71.44	5.48	$680
Nov 2009	0	114	74.59	3.75	$428
Oct 2009	0	83	72.54	4.11	$341
Sep 2009	0	98	65.54	3.06	$300
Aug 2009	0	270	67.42	3.22	$869
Jul 2009	0	210	61.13	3.46	$728
Jun 2009	0	176	66.16	3.90	$686
May 2009	0	302	54.74	3.93	$1,186
Apr 2009	0	459	46.77	3.59	$1,647
Mar 2009	0	111	42.14	4.06	$451
Feb 2009	0	86	32.81	4.63	$398
Jan 2009	0	109	35.86	5.37	$585
Dec 2008	0	51	37.10	5.98	$305
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	39	110.31	10.45	$408
Mar 2008	0	162	101.90	9.66	$1,566
Feb 2008	0	142	92.53	8.77	$1,245
Jan 2008	0	94	90.38	8.21	$771
Dec 2007	0	50	88.33	7.30	$365
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	13	82.85	6.92	$90
Sep 2007	0	46	75.84	6.24	$287
Aug 2007	0	97	69.06	6.39	$620
Jul 2007	0	124	70.90	6.39	$792
Jun 2007	0	73	62.00	7.55	$551
May 2007	0	352	58.74	7.85	$2,762
Apr 2007	0	251	59.61	7.81	$1,959
Mar 2007	0	182	56.92	7.30	$1,329
Feb 2007	0	62	55.10	8.22	$509
Jan 2007	0	70	50.30	6.73	$471
Dec 2006	0	71	56.65	6.92	$491
Nov 2006	0	119	54.20	7.62	$906
Oct 2006	0	167	54.90	6.01	$1,004
Sep 2006	0	152	60.08	5.04	$766
Aug 2006	0	24	68.71	7.34	$176
Jul 2006	0	125	69.37	6.34	$793
Jun 2006	0	24	66.28	6.38	$153
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	7	64.39	7.36	$52
Mar 2006	0	41	56.70	7.08	$290
Feb 2006	0	57	57.59	7.75	$442
Jan 2006	0	19	60.59	8.93	$170
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	33	54.69	10.59	$349
Oct 2005	0	11	58.34	13.80	$152
Sep 2005	0	88	61.45	12.08	$1,063
Aug 2005	0	80	61.51	9.80	$784
Jul 2005	1	49	55.69	7.84	$440
Jun 2005	0	15	52.33	7.38	$111
May 2005	0	193	45.22	6.65	$1,284
Apr 2005	0	281	49.20	7.36	$2,068
Mar 2005	0	510	50.37	7.15	$3,649
Feb 2005	2	204	45.22	6.31	$1,378
Jan 2005	0	239	43.16	6.32	$1,511
Dec 2004	0	239	39.86	6.75	$1,614
Nov 2004	0	119	45.28	6.33	$753
Oct 2004	0	146	49.70	6.52	$951
Sep 2004	0	147	43.24	5.28	$777
Aug 2004	2	92	42.37	5.55	$595
Jul 2004	0	77	38.28	6.08	$468
Jun 2004	0	90	36.10	6.43	$579
May 2004	0	123	37.48	6.49	$799
Apr 2004	0	105	34.47	5.86	$615
Mar 2004	0	179	34.36	5.53	$990
Feb 2004	17	130	32.45	5.51	$1,268
Jan 2004	0	139	32.03	6.30	$876
Dec 2003	26	297	30.26	6.30	$2,658
Nov 2003	0	291	28.80	4.60	$1,337
Oct 2003	0	292	28.17	4.76	$1,390
Sep 2003	0	288	26.31	4.75	$1,368
Aug 2003	0	296	29.76	5.13	$1,518
Jul 2003	0	368	29.41	5.17	$1,903
Jun 2003	31	401	28.56	5.98	$3,285
May 2003	0	404	26.59	5.97	$2,413
Apr 2003	0	398	26.67	5.41	$2,152
Mar 2003	12	421	31.14	6.10	$2,940
Feb 2003	0	315	33.48	7.93	$2,497
Jan 2003	0	362	30.31	5.58	$2,021
Dec 2002	10	19	26.91	4.85	$361
Nov 2002	0	20	24.66	4.14	$83
Oct 2002	0	20	26.46	4.23	$85
Sep 2002	0	27	27.44	3.64	$98
Aug 2002	0	27	25.96	3.16	$85
Jul 2002	7	29	24.58	3.06	$261
Jun 2002	0	25	23.73	3.34	$83
May 2002	0	29	24.66	3.58	$104
Apr 2002	6	27	23.65	3.51	$237
Mar 2002	6	27	22.00	3.10	$216
Feb 2002	0	21	18.22	2.38	$50
Jan 2002	0	27	17.17	2.38	$64
Dec 2001	0	28	16.93	2.36	$66
Nov 2001	0	12	18.07	2.41	$29
Oct 2001	0	17	19.78	2.53	$43
Sep 2001	0	11	24.26	2.25	$25
Aug 2001	0	11	24.87	3.05	$34
Jul 2001	0	16	23.93	3.20	$51
Jun 2001	0	16	24.56	3.82	$61
May 2001	0	13	25.52	4.31	$56
Apr 2001	0	18	24.68	5.34	$96
Mar 2001	0	16	24.54	5.38	$86
Feb 2001	0	13	27.75	5.77	$75
Jan 2001	0	9	27.47	8.40	$76
Dec 2000	0	9	26.88	9.12	$82
Nov 2000	0	10	32.21	5.66	$57
Oct 2000	0	8	31.23	5.15	$41
Sep 2000	0	8	31.87	5.19	$41
Aug 2000	1	9	29.64	4.54	$71
Jul 2000	0	12	28.53	4.09	$49
Jun 2000	0	11	29.30	4.40	$48
May 2000	0	11	27.26	3.68	$40
Apr 2000	0	12	24.51	3.12	$37
Mar 2000	0	9	28.42	2.86	$26
Feb 2000	0	11	27.62	2.73	$30
Jan 2000	0	11	25.27	2.48	$27
Dec 1999	10	9	24.28	2.42	$265
Nov 1999	2	9	23.19	2.43	$68
Oct 1999	0	9	20.98	2.80	$25
Sep 1999	0	9	21.75	2.62	$24
Aug 1999	0	12	19.26	2.88	$35
Jul 1999	0	14	17.89	2.37	$33
Jun 1999	3	12	15.94	2.36	$76
May 1999	0	13	15.79	2.32	$30
Apr 1999	0	15	15.10	2.21	$33
Mar 1999	0	16	12.47	1.84	$29
Feb 1999	0	18	9.98	1.82	$33
Jan 1999	0	49	10.38	1.90	$93
Dec 1998	15	44	9.20	1.77	$216
Nov 1998	8	44	10.89	2.19	$183
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	8	12.59	2.08	$17
Aug 1998	0	19	11.30	1.91	$36
Jul 1998	0	7	11.74	2.24	$16
Jun 1998	0	16	11.24	2.24	$36
May 1998	0	373	12.62	2.21	$823
Apr 1998	0	373	13.04	2.51	$934
Mar 1998	19	61	12.80	2.31	$384
Feb 1998	0	18	13.95	2.30	$41
Jan 1998	0	41	14.70	2.15	$88
Dec 1997	0	13	16.32	2.41	$31
Nov 1997	0	16	18.19	3.09	$49
Oct 1997	0	14	19.25	3.15	$44
Sep 1997	0	8	17.74	2.95	$24
Aug 1997	0	32	17.86	2.55	$82
Jul 1997	0	40	17.58	2.25	$90
Jun 1997	0	41	17.24	2.26	$93
May 1997	0	20	18.97	2.31	$46
Apr 1997	27	269	17.88	2.08	$1,043
Mar 1997	26	25	18.95	1.94	$541
Feb 1997	0	742	20.49	2.21	$1,637
Jan 1997	0	47	23.48	3.54	$166
Dec 1996	0	23	23.32	—	$0
Nov 1996	0	487	21.97	—	$0
Oct 1996	0	378	23.31	—	$0
Sep 1996	0	189	22.22	—	$0
Aug 1996	0	157	20.26	—	$0
Jul 1996	0	2	19.55	—	$0
Jun 1996	0	133	18.73	—	$0
May 1996	4	78	19.43	—	$78
Apr 1996	0	125	21.51	—	$0
Mar 1996	0	76	19.38	—	$0
Feb 1996	0	69	16.98	—	$0
Jan 1996	0	270	17.07	—	$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.

Sep 2010 — as filed, then multipliedworked

Condensate             6 bbl  × $ 72.63 =       $436
Gas                    0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                     $436

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/157883 is the state's own key, not one this site invented.