TERREL

Name: TERREL lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SCS NEWTON OIL LLC (P-5 760234) in the WILEY (TONKAWA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6024District 10Field 97387500NGPA filingOilCasinghead gasSave Export

Value, all time

$403 k

Jan 1993 – Oct 2012

Value, last 12 filed months

$24 k

at the published price for each month

Months reported

238

no gaps in the span

Streams

oil, casinghead gas

The WILEY (TONKAWA) field

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 20 leases and 26 wells, and the rule below applies to all of them.

Discovered

1972-05-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1975-10-06.

The Commission's schedule remark for this field reads: “NET GOR WITH GAS LIMIT 800 MCF PER WELL PER DAY”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	7,321 bbl	$200,551
Casinghead gas	Production	81,466 Mcf	$202,246
Total			$402,796

25,570 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 36.4686, -100.1629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.46857, -100.16286 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

6,470 ft

1 wells filed one

Completion to plug

27.2 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 6,470 ft.

Completions filed

Feb 1985

1 of 1 wells

Plug dates filed

Apr 2012

1 of 1 wells

Last completion to plug: a median of 27.2 years across the 1 well that filed both dates, with the middle half between 27.2 years and 27.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29531328	1	6,470 ft	Feb 1985	Apr 2012	Yes

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 (238)

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

238 months


Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	200	171	101.65	2.00	$20,671
Mar 2012	0	374	105.05	2.22	$831
Feb 2012	0	340	101.10	2.57	$874
Jan 2012	0	376	98.09	2.73	$1,028
Dec 2011	0	209	96.87	3.24	$677
Nov 2011	0	102	95.72	3.31	$338
Oct 2011	0	91	84.98	3.65	$332
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	36	94.14	4.52	$163
Jun 2011	0	58	92.90	4.64	$269
May 2011	0	58	98.13	4.40	$255
Apr 2011	0	83	105.96	4.33	$360
Mar 2011	0	68	96.36	4.06	$276
Feb 2011	0	289	85.64	4.18	$1,208
Jan 2011	0	391	86.50	4.59	$1,794
Dec 2010	0	80	85.73	4.35	$348
Nov 2010	189	95	80.84	3.80	$15,639
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	76	72.63	3.98	$302
Aug 2010	0	98	73.68	4.42	$433
Jul 2010	0	75	72.55	4.74	$355
Jun 2010	0	55	70.36	4.91	$270
May 2010	0	189	71.12	4.24	$800
Apr 2010	0	193	81.69	4.12	$796
Mar 2010	0	204	78.39	4.39	$895
Feb 2010	0	189	73.58	5.44	$1,029
Jan 2010	197	202	74.36	5.96	$15,854
Dec 2009	0	222	71.44	5.48	$1,217
Nov 2009	0	229	74.59	3.75	$859
Oct 2009	0	226	72.54	4.11	$929
Sep 2009	0	189	65.54	3.06	$579
Aug 2009	0	103	67.42	3.22	$332
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	192	0	66.16	3.90	$12,703
May 2009	0	215	54.74	3.93	$844
Apr 2009	0	232	46.77	3.59	$832
Mar 2009	0	250	42.14	4.06	$1,015
Feb 2009	0	245	32.81	4.63	$1,135
Jan 2009	0	277	35.86	5.37	$1,488
Dec 2008	0	348	37.10	5.98	$2,080
Nov 2008	185	313	55.49	6.86	$12,413
Oct 2008	0	314	75.24	6.92	$2,174
Sep 2008	0	164	101.76	7.88	$1,292
Aug 2008	0	17	114.22	8.48	$144
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	4	91.67	7.29	$29
Oct 2007	0	5	82.85	6.92	$35
Sep 2007	0	8	75.84	6.24	$50
Aug 2007	0	1	69.06	6.39	$6
Jul 2007	0	6	70.90	6.39	$38
Jun 2007	0	2	62.00	7.55	$15
May 2007	0	2	58.74	7.85	$16
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	10	54.20	7.62	$76
Oct 2006	0	141	54.90	6.01	$848
Sep 2006	102	3	60.08	5.04	$6,143
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	111	69.37	6.34	$704
Jun 2006	0	76	66.28	6.38	$485
May 2006	0	190	66.01	6.42	$1,221
Apr 2006	0	122	64.39	7.36	$898
Mar 2006	0	48	56.70	7.08	$340
Feb 2006	0	16	57.59	7.75	$124
Jan 2006	0	19	60.59	8.93	$170
Dec 2005	0	20	54.94	13.42	$268
Nov 2005	0	13	54.69	10.59	$138
Oct 2005	0	6	58.34	13.80	$83
Sep 2005	0	4	61.45	12.08	$48
Aug 2005	0	38	61.51	9.80	$372
Jul 2005	0	12	55.69	7.84	$94
Jun 2005	0	25	52.33	7.38	$185
May 2005	0	25	45.22	6.65	$166
Apr 2005	0	27	49.20	7.36	$199
Mar 2005	0	7	50.37	7.15	$50
Feb 2005	0	17	45.22	6.31	$107
Jan 2005	0	85	43.16	6.32	$537
Dec 2004	0	106	39.86	6.75	$716
Nov 2004	0	107	45.28	6.33	$677
Oct 2004	0	189	49.70	6.52	$1,231
Sep 2004	0	201	43.24	5.28	$1,062
Aug 2004	0	163	42.37	5.55	$905
Jul 2004	0	107	38.28	6.08	$651
Jun 2004	0	117	36.10	6.43	$753
May 2004	0	126	37.48	6.49	$818
Apr 2004	194	374	34.47	5.86	$8,878
Mar 2004	0	359	34.36	5.53	$1,985
Feb 2004	0	396	32.45	5.51	$2,182
Jan 2004	0	335	32.03	6.30	$2,110
Dec 2003	0	168	30.26	6.30	$1,059
Nov 2003	0	250	28.80	4.60	$1,149
Oct 2003	0	550	28.17	4.76	$2,618
Sep 2003	0	284	26.31	4.75	$1,349
Aug 2003	0	376	29.76	5.13	$1,929
Jul 2003	173	409	29.41	5.17	$7,203
Jun 2003	0	405	28.56	5.98	$2,423
May 2003	0	406	26.59	5.97	$2,425
Apr 2003	0	321	26.67	5.41	$1,736
Mar 2003	0	400	31.14	6.10	$2,438
Feb 2003	0	372	33.48	7.93	$2,948
Jan 2003	0	435	30.31	5.58	$2,428
Dec 2002	0	479	26.91	4.85	$2,325
Nov 2002	175	296	24.66	4.14	$5,540
Oct 2002	0	492	26.46	4.23	$2,081
Sep 2002	0	485	27.44	3.64	$1,763
Aug 2002	0	484	25.96	3.16	$1,531
Jul 2002	220	381	24.58	3.06	$6,574
Jun 2002	0	308	23.73	3.34	$1,028
May 2002	0	534	24.66	3.58	$1,914
Apr 2002	169	578	23.65	3.51	$6,027
Mar 2002	0	413	22.00	3.10	$1,281
Feb 2002	0	430	18.22	2.38	$1,022
Jan 2002	0	166	17.17	2.38	$394
Dec 2001	0	516	16.93	2.36	$1,220
Nov 2001	0	385	18.07	2.41	$926
Oct 2001	0	484	19.78	2.53	$1,224
Sep 2001	168	552	24.26	2.25	$5,318
Aug 2001	0	342	24.87	3.05	$1,044
Jul 2001	0	441	23.93	3.20	$1,410
Jun 2001	0	475	24.56	3.82	$1,816
May 2001	0	428	25.52	4.31	$1,844
Apr 2001	0	631	24.68	5.34	$3,367
Mar 2001	166	288	24.54	5.38	$5,622
Feb 2001	0	562	27.75	5.77	$3,241
Jan 2001	0	385	27.47	8.40	$3,234
Dec 2000	0	320	26.88	9.12	$2,919
Nov 2000	0	374	32.21	5.66	$2,116
Oct 2000	0	595	31.23	5.15	$3,062
Sep 2000	0	624	31.87	5.19	$3,236
Aug 2000	0	653	29.64	4.54	$2,965
Jul 2000	0	741	28.53	4.09	$3,031
Jun 2000	146	618	29.30	4.40	$6,995
May 2000	170	509	27.26	3.68	$6,507
Apr 2000	0	735	24.51	3.12	$2,290
Mar 2000	0	773	28.42	2.86	$2,211
Feb 2000	0	252	27.62	2.73	$687
Jan 2000	0	327	25.27	2.48	$811
Dec 1999	0	431	24.28	2.42	$1,045
Nov 1999	0	640	23.19	2.43	$1,558
Oct 1999	0	691	20.98	2.80	$1,937
Sep 1999	175	652	21.75	2.62	$5,514
Aug 1999	0	771	19.26	2.88	$2,217
Jul 1999	0	722	17.89	2.37	$1,713
Jun 1999	171	689	15.94	2.36	$4,353
May 1999	0	597	15.79	2.32	$1,386
Apr 1999	0	851	15.10	2.21	$1,879
Mar 1999	170	441	12.47	1.84	$2,931
Feb 1999	0	506	9.98	1.82	$920
Jan 1999	0	695	10.38	1.90	$1,320
Dec 1998	0	743	9.20	1.77	$1,318
Nov 1998	0	616	10.89	2.19	$1,346
Oct 1998	0	763	12.42	1.97	$1,503
Sep 1998	185	576	12.59	2.08	$3,529
Aug 1998	0	432	11.30	1.91	$824
Jul 1998	0	577	11.74	2.24	$1,291
Jun 1998	0	569	11.24	2.24	$1,273
May 1998	25	620	12.62	2.21	$1,683
Apr 1998	0	808	13.04	2.51	$2,024
Mar 1998	0	703	12.80	2.31	$1,624
Feb 1998	0	762	13.95	2.30	$1,752
Jan 1998	184	539	14.70	2.15	$3,866
Dec 1997	0	747	16.32	2.41	$1,801
Nov 1997	0	781	18.19	3.09	$2,412
Oct 1997	0	927	19.25	3.15	$2,920
Sep 1997	175	621	17.74	2.95	$4,939
Aug 1997	0	506	17.86	2.55	$1,293
Jul 1997	0	614	17.58	2.25	$1,380
Jun 1997	174	670	17.24	2.26	$4,512
May 1997	0	745	18.97	2.31	$1,720
Apr 1997	0	787	17.88	2.08	$1,639
Mar 1997	0	842	18.95	1.94	$1,633
Feb 1997	0	761	20.49	2.21	$1,679
Jan 1997	49	0	23.48	3.54	$1,151
Dec 1996	183	599	23.32	—	$4,268
Nov 1996	0	754	21.97	—	$0
Oct 1996	181	770	23.31	—	$4,219
Sep 1996	0	26	22.22	—	$0
Aug 1996	0	43	20.26	—	$0
Jul 1996	0	96	19.55	—	$0
Jun 1996	0	189	18.73	—	$0
May 1996	0	434	19.43	—	$0
Apr 1996	108	13	21.51	—	$2,323
Mar 1996	0	14	19.38	—	$0
Feb 1996	120	271	16.98	—	$2,038
Jan 1996	0	743	17.07	—	$0
Dec 1995	93	812	17.19	—	$1,599
Nov 1995	71	744	16.00	—	$1,136
Oct 1995	90	771	15.43	—	$1,389
Sep 1995	61	740	16.18	—	$987
Aug 1995	177	758	15.92	—	$2,818
Jul 1995	0	848	15.24	—	$0
Jun 1995	184	750	16.41	—	$3,019
May 1995	0	531	17.56	—	$0
Apr 1995	196	625	17.73	—	$3,475
Mar 1995	0	660	16.44	—	$0
Feb 1995	0	584	16.58	—	$0
Jan 1995	205	644	15.92	—	$3,264
Dec 1994	0	657	15.03	—	$0
Nov 1994	0	645	15.90	—	$0
Oct 1994	179	657	15.58	—	$2,789
Sep 1994	0	672	15.29	—	$0
Aug 1994	0	715	16.13	—	$0
Jul 1994	178	673	17.56	—	$3,126
Jun 1994	0	464	17.09	—	$0
May 1994	197	578	15.88	—	$3,128
Apr 1994	0	587	14.14	—	$0
Mar 1994	0	663	12.46	—	$0
Feb 1994	195	483	12.50	—	$2,438
Jan 1994	0	640	12.66	—	$0
Dec 1993	0	625	12.33	—	$0
Nov 1993	193	595	14.49	—	$2,797
Oct 1993	0	660	15.85	—	$0
Sep 1993	191	584	15.03	—	$2,871
Aug 1993	185	646	15.66	—	$2,897
Jul 1993	0	659	15.46	—	$0
Jun 1993	0	303	16.79	—	$0
May 1993	190	598	17.68	—	$3,359
Apr 1993	0	215	18.05	—	$0
Mar 1993	190	230	18.14	—	$3,447
Feb 1993	0	252	17.90	—	$0
Jan 1993	0	350	16.93	—	$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.

Apr 2012 — as filed, then multipliedworked

Oil                  200 bbl  × $101.65 =    $20,330
Casinghead gas       171 Mcf  × $  2.00 =       $341

────────────────────────────────────────────────────
Month total                                  $20,671

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. 10/O/6024 is the state's own key, not one this site invented.