TERRY, I. W. "A"

Operated by INDEPENDENCE RESOURCES MGMT, LLC (P-5 423716) in the CONGER, SW (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40195District 08Field 20101750OilCasinghead gasSaveExport
Value, all time
$3.0 M
May 2010 – Oct 2020
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
126
no gaps in the span
Streams
2
oil, casinghead 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 54 leases and 187 wells, and the rule below applies to all of them.

Discovered
1993-07-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: PURSUANT TO DOCKET NO. OG-19-00001664 CONSOLIDATED INTO THE

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
OilDisposition34,031 bbl$2,607,204
Casinghead gasProduction113,937 Mcf$370,247
Total$2,977,452

Wells on this lease (2)

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 31.6757, -101.2863. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.67569, -101.28627 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,683 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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

Between 8,665 and 8,700 ft, median 8,683 ft, over the 2 wells that filed a depth.

Completions filed
May 2010 – Sep 2011
2 of 2 wells

2 wells

42-1733105538,700 ftSep 2011Yes
42-1733107058,665 ftMay 2010Yes

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 (126)

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

126 months

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 2020058730.341.86$1,090
Feb 202017553749.881.98$9,793
Jan 2020057857.252.09$1,211
Dec 201917957559.012.30$11,888
Nov 201918256155.302.75$11,608
Oct 2019058253.472.42$1,408
Sep 201917955655.052.66$11,331
Aug 2019058753.112.30$1,353
Jul 201915658756.272.46$10,222
Jun 201915657552.782.49$9,666
May 201917557858.482.74$11,818
Apr 2019056862.632.75$1,562
Mar 201916459156.803.06$11,125
Feb 201916545150.852.79$9,650
Jan 2019056046.033.23$1,808
Dec 201818356946.594.19$10,907
Nov 201818157652.934.24$12,021
Oct 201817658061.443.40$12,784
Sep 2018059059.543.11$1,834
Aug 201817950859.403.07$12,190
Jul 201817664165.142.93$13,344
Jun 2018048660.183.08$1,495
May 201815971765.382.90$12,475
Apr 201833931263.842.90$22,547
Mar 201817551561.222.79$12,149
Feb 2018036061.782.77$996
Jan 201817347662.874.01$12,785
Dec 201717155257.272.92$11,406
Nov 201716951555.423.12$10,972
Oct 201716252949.292.98$9,563
Sep 2017051347.523.09$1,584
Aug 201716717745.373.00$8,109
Jul 20172321,23743.873.09$13,997
Jun 201717591842.493.09$10,270
May 20173221,20345.373.26$18,535
Apr 201701,23947.933.21$3,979
Mar 20170046.772.98$0
Feb 201701,57450.452.95$4,647
Jan 20172611,64049.413.42$18,503
Dec 20161281,60648.763.72$12,220
Nov 20161441,36342.492.64$9,723
Oct 20161491,44946.193.09$11,360
Sep 20163041,15141.553.10$16,200
Aug 20163081,05341.442.92$15,843
Jul 201617698141.622.92$10,194
Jun 20161661,16345.352.69$10,652
May 201601,19742.521.99$2,383
Apr 20163431,83336.561.99$16,190
Mar 20161751,87533.011.79$9,141
Feb 20161661,40626.472.06$7,295
Jan 20163551,65227.352.36$13,615
Dec 20151671,35032.362.00$8,106
Nov 20151741,01738.792.17$8,954
Oct 20151771,11443.552.43$10,412
Sep 20153381,11042.992.76$17,592
Aug 20151731,19040.162.87$10,366
Jul 20151631,07948.152.95$11,026
Jun 201534096456.152.88$21,870
May 20151661,21655.212.96$12,759
Apr 20151471,14349.822.71$10,417
Mar 20153281,19142.892.93$17,563
Feb 20153001,30744.662.98$17,288
Jan 2015085443.433.10$2,648
Dec 20143441,03554.693.59$22,530
Nov 20143231,24870.464.25$28,065
Oct 201416080678.303.90$15,672
Sep 20141541,00486.164.05$17,330
Aug 201423891189.394.04$24,951
Jul 20149881596.564.18$12,869
Jun 201420595298.164.74$24,632
May 201417513294.734.73$17,202
Apr 20141781,16695.944.81$22,685
Mar 20143301,39795.895.06$38,708
Feb 20143281,37297.406.19$40,443
Jan 20143391,25290.404.86$36,731
Dec 20135181,15891.824.35$52,605
Nov 201332498388.853.74$32,462
Oct 20136131,17397.423.78$64,152
Sep 2013309970104.113.72$35,776
Aug 2013157826104.253.52$19,277
Jul 20131701,179102.523.72$21,812
Jun 201335295694.403.93$36,989
May 20133611,43794.834.15$40,196
Apr 20133421,24493.964.28$37,462
Mar 20133361,03493.623.91$35,502
Feb 20133361,25791.233.42$34,952
Jan 20133571,45891.603.42$37,687
Dec 20125181,87486.773.42$51,356
Nov 20121751,66886.953.62$21,263
Oct 20126811,08089.383.40$64,539
Sep 20125121,19394.672.92$51,953
Aug 20121751,15492.662.91$19,572
Jul 201217795885.133.02$17,962
Jun 20123571,03479.822.52$31,100
May 20123621,89191.612.49$37,868
Apr 20125391,725101.652.00$58,234
Mar 20123611,768105.052.22$41,852
Feb 20129101,769101.102.57$96,548
Jan 20125381,71698.092.73$57,464
Dec 20118922,22296.873.24$93,607
Nov 20117241,97995.723.31$75,854
Oct 20111,2622,79684.983.65$117,446
Sep 20111,0452,64083.623.99$97,905
Aug 201134972783.404.15$32,123
Jul 201133473794.144.52$34,772
Jun 201119476192.904.64$21,554
May 201135985398.134.40$38,986
Apr 2011352537105.964.33$39,625
Mar 201135868196.364.06$37,260
Feb 201134954985.644.18$32,183
Jan 201134769686.504.59$33,209
Dec 2010691085.734.35$59,239
Nov 2010342080.843.80$27,647
Oct 2010495078.103.51$38,660
Sep 2010657072.633.98$47,718
Aug 2010315073.684.42$23,209
Jul 20101,318072.554.74$95,621
Jun 20101,478070.364.91$103,992
May 20100071.124.24$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.

Mar 2020 — as filed, then multipliedworked
Oil                    0 bbl  × $ 30.34 =         $0
Casinghead gas       587 Mcf  × $  1.86 =     $1,090

────────────────────────────────────────────────────
Month total                                   $1,090

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/O/40195 is the state's own key, not one this site invented.