TERRI STATE

Operated by OXY USA INC. (P-5 630591) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45291District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.0 M
Feb 2014 – Apr 2018
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
51
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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-04-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition26,367 bbl$1,852,271
Casinghead gasProduction23,357 Mcf$105,387
Total$1,957,658

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 31.2306, -103.3576. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.23064, -103.35761 · 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
100.0%
1 of 1 wells
Median depth
12,306 ft
1 wells filed one
Completion to plug
3.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 12,306 ft.

Completions filed
Feb 2014
1 of 1 wells
Plug dates filed
Nov 2017
1 of 1 wells

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-38933981301612,306 ftFeb 2014Nov 2017Yes

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 (51)

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

51 months

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 2017537049.292.98$26,469
Sep 20170047.523.09$0
Aug 20170145.373.00$3
Jul 20170143.873.09$3
Jun 20170642.493.09$19
May 201702145.373.26$69
Apr 201771919247.933.21$35,078
Mar 201708246.772.98$245
Feb 20173554550.452.95$18,043
Jan 201736216649.413.42$18,454
Dec 20163687448.763.72$18,219
Nov 201654217542.492.64$23,492
Oct 20163637646.193.09$17,002
Sep 2016365141.553.10$15,169
Aug 2016353041.442.92$14,628
Jul 2016532841.622.92$22,165
Jun 2016362045.352.69$16,417
May 2016357042.521.99$15,180
Apr 201655522436.561.99$20,737
Mar 2016368033.011.79$12,148
Feb 2016361026.472.06$9,556
Jan 2016555027.352.36$15,179
Dec 2015548032.362.00$17,733
Nov 20153541238.792.17$13,758
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015368040.162.87$14,779
Jul 2015370048.152.95$17,816
Jun 20151651456.152.88$9,305
May 201552526455.212.96$29,765
Apr 201554525349.822.71$27,837
Mar 201595162142.892.93$42,611
Feb 201504944.662.98$146
Jan 20153685143.433.10$16,140
Dec 20149281,04754.693.59$54,512
Nov 201471490770.464.25$54,165
Oct 20147381,03478.303.90$61,819
Sep 2014915086.164.05$78,836
Aug 20147532,12789.394.04$75,893
Jul 20141,4832,32796.564.18$152,924
Jun 20141,4522,62998.164.74$154,982
May 20142,0813,07194.734.73$211,648
Apr 20142,0492,59095.944.81$209,037
Mar 20142,4853,08695.895.06$253,892
Feb 20141,5212,20397.406.19$161,786

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.

Oct 2017 — as filed, then multipliedworked
Oil                  537 bbl  × $ 49.29 =    $26,469
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                  $26,469

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/45291 is the state's own key, not one this site invented.