TERRY, I. W.

Operated by P1 ENERGY, LLC (P-5 631633) 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 174068District 08Field 201015002 tax incentive programmesCondensateGasSaveExport
Value, all time
$989 k
Aug 1999 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
322
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..

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
High Cost Gas112002-06-13147899
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
CondensateDisposition1,017 bbl$29,892
GasProduction234,634 Mcf$959,263
Total$989,154

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 31.6677, -101.2408. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.66768, -101.24077 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,520 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 8,520 ft.

Completions filed
Dec 1995
1 of 1 wells

1 well

42-43132803198,520 ftDec 1995

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 (322)

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

322 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 201305293.964.28$223
Mar 20130293.623.91$8
Feb 201306891.233.42$233
Jan 201306291.603.42$212
Dec 201208086.773.42$274
Nov 201204886.953.62$174
Oct 201207889.383.40$265
Sep 2012012194.672.92$353
Aug 2012015492.662.91$448
Jul 2012011685.133.02$350
Jun 201208679.822.52$217
May 201207791.612.49$192
Apr 2012093101.652.00$186
Mar 20120120105.052.22$267
Feb 20120101101.102.57$260
Jan 2012010898.092.73$295
Dec 2011012596.873.24$405
Nov 2011010495.723.31$344
Oct 2011018684.983.65$679
Sep 201108283.623.99$327
Aug 201104083.404.15$166
Jul 2011018594.144.52$836
Jun 2011014492.904.64$668
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201004880.843.80$182
Oct 2010036078.103.51$1,263
Sep 2010040472.633.98$1,608
Aug 2010047473.684.42$2,095
Jul 2010037472.554.74$1,771
Jun 2010038970.364.91$1,910
May 2010031371.124.24$1,326
Apr 2010031081.694.12$1,278
Mar 2010022978.394.39$1,005
Feb 2010220973.585.44$1,285
Jan 2010720574.365.96$1,743
Dec 2009826371.445.48$2,014
Nov 2009328174.593.75$1,278
Oct 2009015072.544.11$617
Sep 2009010965.543.06$334
Aug 200906967.423.22$222
Jul 200905261.133.46$180
Jun 200906166.163.90$238
May 200907554.743.93$294
Apr 2009022846.773.59$818
Mar 2009024742.144.06$1,003
Feb 2009012732.814.63$588
Jan 200905835.865.37$312
Dec 200805437.105.98$323
Nov 200802755.496.86$185
Oct 200803275.246.92$222
Sep 2008026101.767.88$205
Aug 2008029114.228.48$246
Jul 2008028131.0811.39$319
Jun 2008036131.3313.03$469
May 2008046123.1711.57$532
Apr 2008066110.3110.45$690
Mar 2008072101.909.66$696
Feb 2008012392.538.77$1,079
Jan 2008013990.388.21$1,141
Dec 2007010388.337.30$752
Nov 20070091.677.29$0
Oct 2007011682.856.92$803
Sep 2007014475.846.24$899
Aug 2007014069.066.39$894
Jul 2007013670.906.39$869
Jun 2007012362.007.55$928
May 2007012958.747.85$1,012
Apr 2007012459.617.81$968
Mar 2007016156.927.30$1,176
Feb 2007012655.108.22$1,035
Jan 2007014050.306.73$942
Dec 2006013556.656.92$934
Nov 2006012154.207.62$922
Oct 2006012654.906.01$758
Sep 2006026060.085.04$1,310
Aug 2006036968.717.34$2,708
Jul 2006047269.376.34$2,994
Jun 2006041866.286.38$2,668
May 2006139866.016.42$2,623
Apr 2006237764.397.36$2,904
Mar 2006353056.707.08$3,924
Feb 2006370257.597.75$5,614
Jan 2006575360.598.93$7,030
Dec 20053354.9413.42$205
Nov 2005569154.6910.59$7,590
Oct 2005562258.3413.80$8,873
Sep 2005656761.4512.08$7,217
Aug 2005659861.519.80$6,228
Jul 2005666055.697.84$5,511
Jun 2005662852.337.38$4,949
May 2005465845.226.65$4,557
Apr 2005571849.207.36$5,531
Mar 200551,39250.377.15$10,211
Feb 2005558045.226.31$3,887
Jan 2005672643.166.32$4,849
Dec 2004659639.866.75$4,263
Nov 2004563345.286.33$4,234
Oct 2004673249.706.52$5,067
Sep 2004569943.245.28$3,910
Aug 2004580242.375.55$4,663
Jul 2004582738.286.08$5,223
Jun 2004686936.106.43$5,807
May 2004699537.486.49$6,687
Apr 2004582734.475.86$5,017
Mar 200481,06634.365.53$6,170
Feb 2004566332.455.51$3,815
Jan 2004630632.036.30$2,120
Dec 2003618930.266.30$1,373
Nov 2003518728.804.60$1,003
Oct 2003717628.174.76$1,035
Sep 2003597726.314.75$4,772
Aug 2003129929.765.13$1,564
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20031026.595.97$27
Apr 200341,03826.675.41$5,719
Mar 200351,58231.146.10$9,800
Feb 200381,18833.487.93$9,684
Jan 200391,80030.315.58$10,320
Dec 200297,21626.914.85$35,267
Nov 2002106,99224.664.14$29,172
Oct 2002117,06926.464.23$30,187
Sep 2002117,19927.443.64$26,472
Aug 2002167,94725.963.16$25,561
Jul 2002257,70824.583.06$24,215
Jun 2002217,03623.733.34$23,986
May 2002237,57724.663.58$27,723
Apr 2002157,96723.653.51$28,337
Mar 2002157,67422.003.10$24,140
Feb 2002177,63818.222.38$18,455
Jan 2002196,71317.172.38$16,274
Dec 2001175,59516.932.36$13,517
Nov 2001215,75318.072.41$14,218
Oct 2001285,60119.782.53$14,718
Sep 2001265,80424.262.25$13,697
Aug 200175,45624.873.05$16,832
Jul 200105,05023.933.20$16,145
Jun 200104,60024.563.82$17,591
May 200103,98625.524.31$17,169
Apr 2001873,23924.685.34$19,428
Mar 200182,94124.545.38$16,008
Feb 2001512,76127.755.77$17,338
Jan 200103,61527.478.40$30,362
Dec 200002,69326.889.12$24,567
Nov 2000593,13232.215.66$19,621
Oct 200003,59531.235.15$18,498
Sep 200003,29731.875.19$17,100
Aug 2000673,50029.644.54$17,879
Jul 200004,29628.534.09$17,570
Jun 200003,58129.304.40$15,747
May 2000753,38927.263.68$14,515
Apr 2000402,40724.513.12$8,481
Mar 200002,58828.422.86$7,401
Feb 200002,67227.622.73$7,285
Jan 2000472,53125.272.48$7,466
Dec 1999522,74324.282.42$7,911
Nov 199902,63823.192.43$6,421
Oct 1999253,37420.982.80$9,984
Sep 199903,19621.752.62$8,370
Aug 199903,52319.262.88$10,131

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 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 93.96 =         $0
Gas                   52 Mcf  × $  4.28 =       $223

────────────────────────────────────────────────────
Month total                                     $223

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/174068 is the state's own key, not one this site invented.