TERRY, I.W. "A"

Operated by P1 ENERGY, LLC (P-5 631633) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 54483District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$513 k
Apr 2020 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
74
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition5,612 bbl$384,029
Casinghead gasProduction35,286 Mcf$129,033
Total$513,062

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

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
8,665 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
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 8,665 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-1733107058,665 ftMay 2010

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 (74)

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

74 months

May 202600106.413.05$0
Apr 2026030598.932.87$875
Mar 2026036989.753.15$1,162
Feb 2026032063.503.75$1,200
Jan 2026039559.138.00$3,159
Dec 20258140256.664.41$6,364
Nov 202517210658.593.93$10,494
Oct 2025037359.383.30$1,233
Sep 2025040862.743.08$1,255
Aug 202518141663.933.01$12,825
Jul 2025042866.743.32$1,419
Jun 2025040966.483.13$1,280
May 202517641860.553.23$12,008
Apr 2025044262.363.54$1,566
Mar 202517846467.704.27$14,031
Feb 2025040370.884.34$1,749
Jan 2025045374.324.28$1,938
Dec 202417749768.993.12$13,763
Nov 2024054669.052.20$1,200
Oct 202417761371.372.28$14,031
Sep 2024051669.612.36$1,220
Aug 2024053475.632.06$1,102
Jul 202417852579.932.15$15,355
Jun 2024052578.082.63$1,383
May 202418053978.812.20$15,371
Apr 2024050284.451.66$833
Mar 2024054580.301.55$842
Feb 202418049176.091.78$14,572
Jan 2024052373.023.30$1,725
Dec 202318051571.262.61$14,171
Nov 2023053577.892.81$1,502
Oct 202317759085.443.09$16,944
Sep 2023055689.042.74$1,521
Aug 2023056480.522.67$1,508
Jul 202317356374.852.64$14,436
Jun 2023050068.962.26$1,129
May 202317447270.622.23$13,339
Apr 2023050378.122.24$1,126
Mar 2023050872.852.39$1,216
Feb 202316645275.112.47$13,583
Jan 2023048276.533.39$1,633
Dec 202217647176.415.73$16,147
Nov 2022045885.005.65$2,586
Oct 202216749687.185.86$17,467
Sep 2022048884.888.16$3,984
Aug 202217351694.529.13$21,062
Jul 20220512101.587.54$3,862
Jun 2022176507115.097.98$24,300
May 20220524109.378.43$4,419
Apr 2022158506104.226.84$19,927
Mar 20220494108.885.08$2,508
Feb 202216945791.054.86$17,608
Jan 2022050281.844.54$2,278
Dec 202117352871.323.90$14,397
Nov 2021051377.435.24$2,687
Oct 202116653779.795.71$16,313
Sep 2021052469.865.35$2,804
Aug 202116853866.024.22$13,362
Jul 2021053870.783.98$2,142
Jun 202116551969.493.38$13,220
May 2021053463.483.02$1,611
Apr 202116251660.362.76$11,202
Mar 202115856061.302.72$11,207
Feb 2021045657.805.55$2,530
Jan 202117555350.412.81$10,376
Dec 2020052244.642.68$1,397
Nov 202017153438.772.71$8,075
Oct 202018141836.972.48$7,728
Sep 2020054437.091.99$1,083
Aug 202017852639.982.39$8,371
Jul 202017155038.371.83$7,565
Jun 2020030934.901.69$522
May 2020039416.921.81$715
Apr 202017553514.751.80$3,547

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 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas       305 Mcf  × $  2.87 =       $875

────────────────────────────────────────────────────
Month total                                     $875

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/54483 is the state's own key, not one this site invented.