PRESTON

Operated by TERRELL OIL & GAS PRODUCTION CO. (P-5 843390) in the BARBEE-REIFF (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28866District 7BField 05628500OilCasinghead gasSaveExport
Value, all time
$3.0 M
Jul 2000 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
311
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 7 leases and 9 wells, and the rule below applies to all of them.

Discovered
1984-09-01
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition51,573 bbl$2,746,863
Casinghead gasProduction45,574 Mcf$260,965
Total$3,007,827

Wells on this lease (3)

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 32.9773, -100.0667. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.97709, -100.06718 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
6,050 ft
3 wells filed one
Completion to plug
22.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 6,031 and 6,050 ft, median 6,050 ft, over the 3 wells that filed a depth.

Completions filed
Jul 2000 – Dec 2004
3 of 3 wells
Plug dates filed
Oct 2022
1 of 3 wells; 2 filed none

Last completion to plug: a median of 22.3 years across the 1 well that filed both dates, with the middle half between 22.3 years and 22.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-433333091B6,050 ftDec 2004
42-433332731A6,031 ftJun 2003
42-4333320116,050 ftJul 2000Oct 2022Yes

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 (311)

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

311 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202342071.262.61$2,993
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023173089.042.74$15,404
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023168068.962.26$11,585
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023165072.852.39$12,020
Feb 20230075.112.47$0
Jan 2023174076.533.39$13,316
Dec 20220076.415.73$0
Nov 2022170085.005.65$14,450
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221730101.587.54$17,573
Jun 202200115.097.98$0
May 20221700109.378.43$18,593
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022174091.054.86$15,843
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021169077.435.24$13,086
Oct 20210079.795.71$0
Sep 2021171069.865.35$11,946
Aug 2021166066.024.22$10,959
Jul 20210070.783.98$0
Jun 2021174069.493.38$12,091
May 20210063.483.02$0
Apr 2021170060.362.76$10,261
Mar 20210061.302.72$0
Feb 2021168057.805.55$9,710
Jan 20210050.412.81$0
Dec 2020170044.642.68$7,589
Nov 20200038.772.71$0
Oct 2020168036.972.48$6,211
Sep 2020169037.091.99$6,268
Aug 2020165039.982.39$6,597
Jul 2020165038.371.83$6,331
Jun 2020170034.901.69$5,933
May 2020168016.921.81$2,843
Apr 20200014.751.80$0
Mar 2020174030.341.86$5,279
Feb 2020167049.881.98$8,330
Jan 2020169057.252.09$9,675
Dec 2019172059.012.30$10,150
Nov 20190055.302.75$0
Oct 2019170053.472.42$9,090
Sep 2019171055.052.66$9,414
Aug 2019172053.112.30$9,135
Jul 2019162056.272.46$9,116
Jun 2019164052.782.49$8,656
May 2019177058.482.74$10,351
Apr 2019172062.632.75$10,772
Mar 2019174056.803.06$9,883
Feb 2019171050.852.79$8,695
Jan 2019343046.033.23$15,788
Dec 20180046.594.19$0
Nov 2018342052.934.24$18,102
Oct 20180061.443.40$0
Sep 2018168059.543.11$10,003
Aug 2018174059.403.07$10,336
Jul 2018172065.142.93$11,204
Jun 2018171060.183.08$10,291
May 2018172065.382.90$11,245
Apr 2018168063.842.90$10,725
Mar 2018167061.222.79$10,224
Feb 2018169061.782.77$10,441
Jan 2018177062.874.01$11,128
Dec 2017173057.272.92$9,908
Nov 2017174055.423.12$9,643
Oct 2017173049.292.98$8,527
Sep 2017165047.523.09$7,841
Aug 2017165045.373.00$7,486
Jul 2017170043.873.09$7,458
Jun 2017172042.493.09$7,308
May 2017174045.373.26$7,894
Apr 2017168047.933.21$8,052
Mar 2017168046.772.98$7,857
Feb 2017352050.452.95$17,758
Jan 2017177049.413.42$8,746
Dec 2016173048.763.72$8,435
Nov 2016174042.492.64$7,393
Oct 2016175046.193.09$8,083
Sep 2016169041.553.10$7,022
Aug 2016170041.442.92$7,045
Jul 2016239041.622.92$9,947
Jun 2016174045.352.69$7,891
May 2016171042.521.99$7,271
Apr 2016349036.561.99$12,759
Mar 2016176033.011.79$5,810
Feb 2016169026.472.06$4,473
Jan 2016179027.352.36$4,896
Dec 2015171032.362.00$5,534
Nov 2015181038.792.17$7,021
Oct 2015172043.552.43$7,491
Sep 2015177042.992.76$7,609
Aug 2015172040.162.87$6,908
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015175049.822.71$8,719
Mar 2015175042.892.93$7,506
Feb 2015175044.662.98$7,816
Jan 2015172043.433.10$7,470
Dec 20140054.693.59$0
Nov 2014175070.464.25$12,331
Oct 2014354078.303.90$27,718
Sep 2014177086.164.05$15,250
Aug 2014345089.394.04$30,840
Jul 2014172096.564.18$16,608
Jun 2014177098.164.74$17,374
May 2014176094.734.73$16,672
Apr 2014175095.944.81$16,790
Mar 2014355095.895.06$34,041
Feb 2014178097.406.19$17,337
Jan 2014176090.404.86$15,910
Dec 2013353091.824.35$32,412
Nov 2013179088.853.74$15,904
Oct 2013352097.423.78$34,292
Sep 20131730104.113.72$18,011
Aug 20131750104.253.52$18,244
Jul 20133390102.523.72$34,754
Jun 2013177094.403.93$16,709
May 2013352094.834.15$33,380
Apr 2013173093.964.28$16,255
Mar 2013359093.623.91$33,610
Feb 2013179091.233.42$16,330
Jan 2013355091.603.42$32,518
Dec 2012182086.773.42$15,792
Nov 2012178086.953.62$15,477
Oct 2012357089.383.40$31,909
Sep 2012354094.672.92$33,513
Aug 2012178092.662.91$16,493
Jul 2012349085.133.02$29,710
Jun 2012350079.822.52$27,937
May 2012354091.612.49$32,430
Apr 20121740101.652.00$17,687
Mar 20121750105.052.22$18,384
Feb 20121770101.102.57$17,895
Jan 2012361098.092.73$35,410
Dec 2011172096.873.24$16,662
Nov 2011184095.723.31$17,612
Oct 2011176084.983.65$14,956
Sep 2011353083.623.99$29,518
Aug 2011177083.404.15$14,762
Jul 2011180094.144.52$16,945
Jun 2011175092.904.64$16,258
May 2011171098.134.40$16,780
Apr 20113530105.964.33$37,404
Mar 20111793096.364.06$17,370
Feb 20111762985.644.18$15,194
Jan 20111746286.504.59$15,336
Dec 20103605985.734.35$31,119
Nov 20101818780.843.80$14,962
Oct 20101799378.103.51$14,306
Sep 201018211272.633.98$13,664
Aug 201056811973.684.42$42,376
Jul 20109872.554.74$691
Jun 20109870.364.91$673
May 201017871.124.24$1,243
Apr 20100881.694.12$33
Mar 20108978.394.39$667
Feb 201017673.585.44$1,284
Jan 2010161374.365.96$1,267
Dec 200981771.445.48$665
Nov 200981674.593.75$657
Oct 200992072.544.11$735
Sep 2009172565.543.06$1,191
Aug 200982167.423.22$607
Jul 200991961.133.46$616
Jun 200981766.163.90$596
May 200991954.743.93$567
Apr 200981946.773.59$442
Mar 200982142.144.06$422
Feb 200981932.814.63$351
Jan 200992235.865.37$441
Dec 2008172237.105.98$762
Nov 200802255.496.86$151
Oct 20081172375.246.92$8,962
Sep 2008922101.767.88$1,089
Aug 2008829114.228.48$1,160
Jul 2008828131.0811.39$1,368
Jun 200832114131.3313.03$5,688
May 2008150433123.1711.57$23,487
Apr 200880162110.3110.45$10,518
Mar 200840160101.909.66$5,622
Feb 20084016392.538.77$5,131
Jan 20088418490.388.21$9,102
Dec 20074019488.337.30$4,950
Nov 20073921591.677.29$5,143
Oct 20074124382.856.92$5,079
Sep 20078025275.846.24$7,641
Aug 20074126669.066.39$4,531
Jul 20078228370.906.39$7,622
Jun 20074126362.007.55$4,527
May 20074323758.747.85$4,385
Apr 20074226559.617.81$4,572
Mar 20078428956.927.30$6,892
Feb 20074326655.108.22$4,555
Jan 20078330850.306.73$6,247
Dec 20068529556.656.92$6,856
Nov 20068630254.207.62$6,962
Oct 20068633554.906.01$6,736
Sep 20068740860.085.04$7,282
Aug 200612941868.717.34$11,932
Jul 20068441269.376.34$8,440
Jun 200616942466.286.38$13,908
May 20068042466.016.42$8,005
Apr 20068523664.397.36$7,210
Mar 20064331156.707.08$4,641
Feb 20068830957.597.75$7,463
Jan 200613040260.598.93$11,468
Dec 200517644954.9413.42$15,693
Nov 200513345754.6910.59$12,113
Oct 200517550458.3413.80$17,163
Sep 20058639261.4512.08$10,020
Aug 200517544461.519.80$15,114
Jul 200513050455.697.84$11,193
Jun 200513152752.337.38$10,745
May 200517656345.226.65$11,703
Apr 200517254349.207.36$12,459
Mar 200522252850.377.15$14,960
Feb 200517650045.226.31$11,115
Jan 200526756643.166.32$15,102
Dec 200421855239.866.75$12,416
Nov 200417549545.286.33$11,058
Oct 200417354449.706.52$12,142
Sep 200421657743.245.28$12,389
Aug 200417752542.375.55$10,414
Jul 200417559538.286.08$10,319
Jun 200421659436.106.43$11,619
May 200421761737.486.49$12,140
Apr 200421047834.475.86$10,039
Mar 200429359634.365.53$13,363
Feb 200421355732.455.51$9,981
Jan 200428959632.036.30$13,011
Dec 200333962830.266.30$14,216
Nov 200326167228.804.60$10,605
Oct 200334882028.174.76$13,706
Sep 200347489526.314.75$16,722
Aug 200335086729.765.13$14,863
Jul 200334976929.415.17$14,240
Jun 200334954028.565.98$13,198
May 200335357126.595.97$12,797
Apr 200335155226.675.41$12,346
Mar 200334857631.146.10$14,348
Feb 200334648833.487.93$15,452
Jan 200335652330.315.58$13,710
Dec 200236154026.914.85$12,336
Nov 200235553224.664.14$10,955
Oct 200236057426.464.23$11,953
Sep 200237860227.443.64$12,561
Aug 200235265725.963.16$11,217
Jul 200237764624.583.06$11,245
Jun 200235762823.733.34$10,568
May 200235667324.663.58$11,191
Apr 200253963623.653.51$14,981
Mar 200236364122.003.10$9,975
Feb 200236359118.222.38$8,018
Jan 200254363317.172.38$10,827
Dec 200135356316.932.36$7,307
Nov 200135345418.072.41$7,471
Oct 200154274119.782.53$12,595
Sep 200135678324.262.25$10,399
Aug 200153075724.873.05$15,492
Jul 200153582723.933.20$15,447
Jun 200135887724.563.82$12,146
May 200172196125.524.31$22,539
Apr 200170891424.685.34$22,350
Mar 200190793324.545.38$27,274
Feb 200118120227.755.77$6,188
Jan 2001365027.478.40$10,027
Dec 2000359026.889.12$9,650
Nov 2000541032.215.66$17,426
Oct 2000351031.235.15$10,962
Sep 2000535031.875.19$17,050
Aug 2000864029.644.54$25,609
Jul 20000028.534.09$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.

Dec 2023 — as filed, then multipliedworked
Oil                   42 bbl  × $ 71.26 =     $2,993
Casinghead gas         0 Mcf  × $  2.61 =         $0

────────────────────────────────────────────────────
Month total                                   $2,993

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. 7B/O/28866 is the state's own key, not one this site invented.