TERRY "B"

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

Operated by O.G.P. OPERATING, INC. (P-5 617041) in the JAMESON (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7681District 7CField 45580666OilCasinghead gasSave Export

Value, all time

$575 k

Jan 1993 – Aug 2006

Value, last 12 filed months

$23 k

at the published price for each month

Months reported

164

no gaps in the span

Streams

oil, casinghead gas

The JAMESON (STRAWN) 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 209 leases and 781 wells, and the rule below applies to all of them.

Discovered

1952-01-11

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1959-10-01.

The Commission's schedule remark for this field reads: “640 ACRES”

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	4,256 bbl	$102,556
Casinghead gas	Production	157,786 Mcf	$472,578
Total			$575,134

56,024 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 (8)

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 31.9544, -100.7909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.95394, -100.79134 · 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%

8 of 8 wells

With a plug date

62.5%

5 of 8 wells

Median depth

7,114 ft

8 wells filed one

Completion to plug

8.4 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

8100.0%

A plug date is filed

562.5%

BothOn the schedule and plugged. Neither fact cancels the other.

562.5%

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

Total depth in feet, 8 of 8 wells. Median 7,114 ft, with the middle half between 7,074 and 7,153 ft; the shallowest is 7,060 ft and the deepest 7,225 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Dec 1978 – Apr 1980. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Dec 1978 – Apr 1980

8 of 8 wells

Plug dates filed

Aug 1987 – Sep 1990

5 of 8 wells; 3 filed none

Last completion to plug: a median of 8.4 years across the 5 wells that filed both dates, with the middle half between 8.3 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.

8 wells


42-08130795	1453	7,136 ft	Apr 1980	Sep 1990	Yes
42-08130809	1206	7,092 ft	Dec 1979	Aug 1987	Yes
42-08130746	1204	7,070 ft	Apr 1979	Aug 1987	Yes
42-08130732	1203	7,160 ft	Mar 1979	—	Yes
42-08130743	1452	7,225 ft	Mar 1979	Aug 1987	Yes
42-08130709	1202	7,060 ft	Jan 1979	Sep 1990	Yes
42-08130700	1201	7,075 ft	Dec 1978	—	Yes
42-08130710	1451	7,150 ft	Dec 1978	—	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 (164)

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

164 months


Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	21	0	56.70	7.08	$1,191
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	85	0	54.69	10.59	$4,649
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	52	1,150	61.45	12.08	$17,086
Aug 2005	18	1,400	61.51	9.80	$14,823
Jul 2005	0	1,224	55.69	7.84	$9,601
Jun 2005	0	1,263	52.33	7.38	$9,322
May 2005	0	1,262	45.22	6.65	$8,394
Apr 2005	0	1,286	49.20	7.36	$9,466
Mar 2005	0	1,415	50.37	7.15	$10,124
Feb 2005	0	1,288	45.22	6.31	$8,130
Jan 2005	0	1,445	43.16	6.32	$9,136
Dec 2004	0	1,452	39.86	6.75	$9,803
Nov 2004	195	1,361	45.28	6.33	$17,445
Oct 2004	0	1,481	49.70	6.52	$9,649
Sep 2004	0	1,478	43.24	5.28	$7,810
Aug 2004	0	1,476	42.37	5.55	$8,193
Jul 2004	0	1,476	38.28	6.08	$8,980
Jun 2004	0	1,563	36.10	6.43	$10,055
May 2004	0	1,725	37.48	6.49	$11,203
Apr 2004	0	1,279	34.47	5.86	$7,493
Mar 2004	0	1,152	34.36	5.53	$6,371
Feb 2004	191	1,623	32.45	5.51	$15,140
Jan 2004	5	1,759	32.03	6.30	$11,241
Dec 2003	28	1,814	30.26	6.30	$12,278
Nov 2003	180	1,560	28.80	4.60	$12,352
Oct 2003	0	1,920	28.17	4.76	$9,139
Sep 2003	183	1,907	26.31	4.75	$13,872
Aug 2003	187	2,000	29.76	5.13	$15,825
Jul 2003	0	1,868	29.41	5.17	$9,659
Jun 2003	0	1,867	28.56	5.98	$11,170
May 2003	0	1,907	26.59	5.97	$11,390
Apr 2003	0	1,775	26.67	5.41	$9,598
Mar 2003	181	1,890	31.14	6.10	$17,158
Feb 2003	187	1,856	33.48	7.93	$20,971
Jan 2003	0	1,769	30.31	5.58	$9,875
Dec 2002	0	1,454	26.91	4.85	$7,057
Nov 2002	0	887	24.66	4.14	$3,669
Oct 2002	0	476	26.46	4.23	$2,013
Sep 2002	0	403	27.44	3.64	$1,465
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	186	0	24.58	3.06	$4,572
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	504	23.65	3.51	$1,770
Mar 2002	0	514	22.00	3.10	$1,595
Feb 2002	0	494	18.22	2.38	$1,174
Jan 2002	0	541	17.17	2.38	$1,285
Dec 2001	0	549	16.93	2.36	$1,298
Nov 2001	0	489	18.07	2.41	$1,176
Oct 2001	0	483	19.78	2.53	$1,221
Sep 2001	0	487	24.26	2.25	$1,096
Aug 2001	0	201	24.87	3.05	$614
Jul 2001	0	492	23.93	3.20	$1,573
Jun 2001	0	479	24.56	3.82	$1,832
May 2001	0	507	25.52	4.31	$2,184
Apr 2001	0	524	24.68	5.34	$2,796
Mar 2001	0	489	24.54	5.38	$2,629
Feb 2001	0	499	27.75	5.77	$2,878
Jan 2001	0	494	27.47	8.40	$4,149
Dec 2000	0	305	26.88	9.12	$2,782
Nov 2000	0	560	32.21	5.66	$3,168
Oct 2000	0	584	31.23	5.15	$3,005
Sep 2000	0	620	31.87	5.19	$3,216
Aug 2000	0	544	29.64	4.54	$2,470
Jul 2000	0	547	28.53	4.09	$2,237
Jun 2000	0	585	29.30	4.40	$2,572
May 2000	0	429	27.26	3.68	$1,579
Apr 2000	0	574	24.51	3.12	$1,789
Mar 2000	0	604	28.42	2.86	$1,727
Feb 2000	0	603	27.62	2.73	$1,644
Jan 2000	0	650	25.27	2.48	$1,612
Dec 1999	0	678	24.28	2.42	$1,643
Nov 1999	0	624	23.19	2.43	$1,519
Oct 1999	0	638	20.98	2.80	$1,789
Sep 1999	177	800	21.75	2.62	$5,945
Aug 1999	0	794	19.26	2.88	$2,283
Jul 1999	0	946	17.89	2.37	$2,244
Jun 1999	357	898	15.94	2.36	$7,812
May 1999	0	1,009	15.79	2.32	$2,342
Apr 1999	0	968	15.10	2.21	$2,137
Mar 1999	0	916	12.47	1.84	$1,684
Feb 1999	0	851	9.98	1.82	$1,547
Jan 1999	0	1,072	10.38	1.90	$2,037
Dec 1998	0	892	9.20	1.77	$1,582
Nov 1998	0	773	10.89	2.19	$1,690
Oct 1998	0	823	12.42	1.97	$1,621
Sep 1998	0	846	12.59	2.08	$1,762
Aug 1998	0	934	11.30	1.91	$1,781
Jul 1998	0	783	11.74	2.24	$1,752
Jun 1998	0	808	11.24	2.24	$1,808
May 1998	0	943	12.62	2.21	$2,081
Apr 1998	0	954	13.04	2.51	$2,390
Mar 1998	0	1,044	12.80	2.31	$2,411
Feb 1998	0	923	13.95	2.30	$2,122
Jan 1998	184	992	14.70	2.15	$4,842
Dec 1997	0	938	16.32	2.41	$2,262
Nov 1997	0	920	18.19	3.09	$2,841
Oct 1997	0	980	19.25	3.15	$3,087
Sep 1997	0	901	17.74	2.95	$2,662
Aug 1997	0	865	17.86	2.55	$2,210
Jul 1997	0	930	17.58	2.25	$2,090
Jun 1997	0	868	17.24	2.26	$1,959
May 1997	0	980	18.97	2.31	$2,262
Apr 1997	0	1,016	17.88	2.08	$2,116
Mar 1997	0	1,053	18.95	1.94	$2,042
Feb 1997	0	1,000	20.49	2.21	$2,206
Jan 1997	0	1,140	23.48	3.54	$4,035
Dec 1996	182	779	23.32	—	$4,244
Nov 1996	0	846	21.97	—	$0
Oct 1996	0	981	23.31	—	$0
Sep 1996	0	939	22.22	—	$0
Aug 1996	0	994	20.26	—	$0
Jul 1996	0	1,000	19.55	—	$0
Jun 1996	0	901	18.73	—	$0
May 1996	3	919	19.43	—	$58
Apr 1996	178	643	21.51	—	$3,829
Mar 1996	0	819	19.38	—	$0
Feb 1996	0	645	16.98	—	$0
Jan 1996	0	817	17.07	—	$0
Dec 1995	179	1,098	17.19	—	$3,077
Nov 1995	38	871	16.00	—	$608
Oct 1995	0	875	15.43	—	$0
Sep 1995	0	923	16.18	—	$0
Aug 1995	0	1,079	15.92	—	$0
Jul 1995	182	1,020	15.24	—	$2,774
Jun 1995	0	1,032	16.41	—	$0
May 1995	0	1,080	17.56	—	$0
Apr 1995	0	1,143	17.73	—	$0
Mar 1995	0	1,198	16.44	—	$0
Feb 1995	0	1,127	16.58	—	$0
Jan 1995	0	1,289	15.92	—	$0
Dec 1994	182	1,292	15.03	—	$2,735
Nov 1994	183	1,274	15.90	—	$2,910
Oct 1994	0	1,209	15.58	—	$0
Sep 1994	0	1,349	15.29	—	$0
Aug 1994	177	1,360	16.13	—	$2,855
Jul 1994	0	1,101	17.56	—	$0
Jun 1994	0	1,358	17.09	—	$0
May 1994	0	1,322	15.88	—	$0
Apr 1994	0	1,341	14.14	—	$0
Mar 1994	0	1,426	12.46	—	$0
Feb 1994	5	1,268	12.50	—	$63
Jan 1994	0	1,327	12.66	—	$0
Dec 1993	0	1,428	12.33	—	$0
Nov 1993	0	1,393	14.49	—	$0
Oct 1993	160	1,536	15.85	—	$2,536
Sep 1993	3	1,412	15.03	—	$45
Aug 1993	0	1,508	15.66	—	$0
Jul 1993	0	1,402	15.46	—	$0
Jun 1993	182	1,596	16.79	—	$3,056
May 1993	0	1,416	17.68	—	$0
Apr 1993	0	1,323	18.05	—	$0
Mar 1993	0	1,466	18.14	—	$0
Feb 1993	185	1,497	17.90	—	$3,312
Jan 1993	0	1,402	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.

Mar 2006 — as filed, then multipliedworked

Oil                   21 bbl  × $ 56.70 =     $1,191
Casinghead gas         0 Mcf  × $  7.08 =         $0

────────────────────────────────────────────────────
Month total                                   $1,191

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. 7C/O/7681 is the state's own key, not one this site invented.