TERRY ESTATE

Operated by BRIDWELL OIL CO. (P-5 92480) in the SHERMAN (PENNSYLVANIAN 8100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29665District 09Field 83162561OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jul 1999 – Jun 2010
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
132
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 8 leases and 11 wells, and the rule below applies to all of them.

Discovered
1956-08-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: NET GOR RULE 1500 MCF

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
OilDisposition15,131 bbl$458,412
Casinghead gasProduction279,437 Mcf$1,436,955
Total$1,895,367

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 33.7091, -96.7211. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.70910, -96.72113 · 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
8,569 ft
1 wells filed one
Completion to plug
10.4 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 8,569 ft.

Completions filed
Jul 1999
1 of 1 wells
Plug dates filed
Dec 2009
1 of 1 wells

Last completion to plug: a median of 10.4 years across the 1 well that filed both dates, with the middle half between 10.4 years and 10.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1813133818,569 ftJul 1999Dec 2009Yes

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 (132)

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

132 months

Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009151074.593.75$11,263
Oct 20090072.544.11$0
Sep 2009017465.543.06$533
Aug 2009037367.423.22$1,201
Jul 2009035861.133.46$1,240
Jun 2009025866.163.90$1,005
May 2009021054.743.93$824
Apr 2009034646.773.59$1,241
Mar 2009030342.144.06$1,230
Feb 2009026532.814.63$1,228
Jan 2009034935.865.37$1,874
Dec 200815126537.105.98$7,186
Nov 2008036055.496.86$2,470
Oct 2008036275.246.92$2,506
Sep 20080365101.767.88$2,875
Aug 20080550114.228.48$4,666
Jul 20080499131.0811.39$5,683
Jun 20080435131.3313.03$5,669
May 2008169454123.1711.57$26,070
Apr 20080532110.3110.45$5,562
Mar 20080339101.909.66$3,276
Feb 2008037492.538.77$3,280
Jan 2008045990.388.21$3,766
Dec 2007043088.337.30$3,140
Nov 2007039991.677.29$2,909
Oct 2007036382.856.92$2,513
Sep 2007042275.846.24$2,635
Aug 2007048869.066.39$3,117
Jul 200717853970.906.39$16,063
Jun 2007049262.007.55$3,714
May 2007051658.747.85$4,049
Apr 2007051259.617.81$3,996
Mar 2007068456.927.30$4,995
Feb 2007073155.108.22$6,006
Jan 2007071750.306.73$4,823
Dec 2006074056.656.92$5,120
Nov 2006076254.207.62$5,805
Oct 200616880854.906.01$14,082
Sep 2006091260.085.04$4,594
Aug 200601,13268.717.34$8,309
Jul 2006090069.376.34$5,708
Jun 200617399066.286.38$17,786
May 200601,10266.016.42$7,080
Apr 200601,11964.397.36$8,236
Mar 200601,15956.707.08$8,209
Feb 200601,16657.597.75$9,038
Jan 20061751,32960.598.93$22,476
Dec 200501,38854.9413.42$18,621
Nov 200501,41354.6910.59$14,961
Oct 200501,55658.3413.80$21,466
Sep 20051711,64961.4512.08$30,426
Aug 200501,74061.519.80$17,047
Jul 200501,73255.697.84$13,585
Jun 20051751,79052.337.38$22,370
May 200502,01345.226.65$13,389
Apr 200501,97349.207.36$14,522
Mar 20051742,07850.377.15$23,632
Feb 200501,89245.226.31$11,942
Jan 200502,08843.166.32$13,201
Dec 20041742,04139.866.75$20,715
Nov 200402,01745.286.33$12,768
Oct 20041712,07749.706.52$22,031
Sep 200402,06843.245.28$10,927
Aug 200402,12142.375.55$11,773
Jul 20041752,07638.286.08$19,330
Jun 200401,83336.106.43$11,792
May 20041791,58337.486.49$16,990
Apr 200401,47434.475.86$8,635
Mar 200401,28934.365.53$7,128
Feb 200401,10932.455.51$6,110
Jan 2004099132.036.30$6,243
Dec 200314175130.266.30$8,999
Nov 2003018328.804.60$841
Oct 200301,76728.174.76$8,410
Sep 20031663,75526.314.75$22,201
Aug 200303,97629.765.13$20,396
Jul 20031714,25629.415.17$27,036
Jun 20031743,92828.565.98$28,471
May 20031734,08826.595.97$29,016
Apr 200303,87326.675.41$20,942
Mar 20031783,90631.146.10$29,354
Feb 20031763,65533.487.93$34,862
Jan 20031754,10030.315.58$28,191
Dec 20021724,26626.914.85$25,335
Nov 20021773,98324.664.14$20,842
Oct 20021733,82826.464.23$20,767
Sep 200203,45327.443.64$12,552
Aug 20021753,90025.963.16$16,883
Jul 20021773,94624.583.06$16,432
Jun 20021733,95523.733.34$17,308
May 200203,35524.663.58$12,024
Apr 20021773,72423.653.51$17,266
Mar 200203,71722.003.10$11,533
Feb 20021823,44618.222.38$11,503
Jan 20021713,72617.172.38$11,788
Dec 20011763,51416.932.36$11,288
Nov 20011732,61918.072.41$9,426
Oct 20011089219.782.53$2,454
Sep 200104,03624.262.25$9,086
Aug 20011754,79024.873.05$18,977
Jul 20013534,87723.933.20$24,039
Jun 200104,26224.563.82$16,299
May 20011715,58725.524.31$28,429
Apr 20011736,07324.685.34$36,671
Mar 20013236,08224.545.38$40,626
Feb 20011735,16627.755.77$34,593
Jan 20011615,78427.478.40$53,001
Dec 20002955,68526.889.12$59,791
Nov 20001825,85532.215.66$38,990
Oct 20001736,02631.235.15$36,410
Sep 20003245,95331.875.19$41,201
Aug 20003076,22529.644.54$37,366
Jul 20002916,11728.534.09$33,319
Jun 20003566,21029.304.40$37,738
May 20001786,16427.263.68$27,534
Apr 20005445,64424.513.12$30,920
Mar 20004915,35928.422.86$29,280
Feb 20003665,25927.622.73$24,448
Jan 20003315,53025.272.48$22,082
Dec 19996784,15824.282.42$26,540
Nov 1999691023.192.43$16,024
Oct 1999725020.982.80$15,211
Sep 19991,435021.752.62$31,211
Aug 1999561019.262.88$10,805
Jul 19990017.892.37$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.

Nov 2009 — as filed, then multipliedworked
Oil                  151 bbl  × $ 74.59 =    $11,263
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $11,263

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. 09/O/29665 is the state's own key, not one this site invented.