OPERATORS · RRC 843265 · P-5 STATUS Y
Terrace Petro Corp
Midland, TX
Watch this operatorTerrace Petro Corp has filed no drilling permits in the past 12 months; its most recent permit was issued April 26, 2013.
The RRC wellbore file lists 4 wells under its operatorship.
229 drilling permits have been issued to this operator number since 1995; its P-5 organization report was last filed November 4, 2016.
- 0
- permits, last 12 months
- —
- vs prior 12 months (0)
- 0
- counties, 12 months
- 0
- producing wells, of 4 of record
- 6
- leases it reports
- —
- horizontal, 12 months
WINDOWS ON THE RRC ISSUE DATE · COMPUTED OCT 29, 2026
From permit to spud
FROM THE DATES ON ITS W-1 PERMITS · ALL TIME
A permit is a plan, not a well. These figures count only permits old enough to have spudded, six months and more, and read the spud, cancel, and expiry dates the RRC records on each one.
- 97%
- spud rate · 221 of 229 mature permits
- 19
- median days permit to spud · middle half 7–36
- 0
- spuds, last 180 days
- 0%
- cancelled · 0 permits
- 8
- expired undrilled
- 12
- permits a year over 19 active years
Where
Counties by permits in the last 12 months, with all-time permits and current wells of record there.
| County | 12 mo | All time | Wells | Last |
|---|---|---|---|---|
| Midland county → | — | 131 | 4 | May 13, 2008 |
| Upton county → | — | 63 | 0 | Mar 18, 2011 |
| Martin county → | — | 12 | 0 | Mar 14, 2005 |
| Pecos county → | — | 6 | 0 | Apr 26, 2013 |
| Glasscock county → | — | 5 | 0 | Feb 23, 2006 |
| Garza county → | — | 4 | 0 | Apr 4, 2012 |
| Lynn county → | — | 3 | 0 | Dec 18, 2012 |
| Howard county → | — | 2 | 0 | Sep 26, 2007 |
| Ward county → | — | 2 | 0 | Jan 7, 1999 |
| Fisher county → | — | 1 | 0 | Sep 2, 1998 |
All 229 permits, searchable → · Leases it reports → · On the map →
Formations in its completed wells
Tops reported on completion filings for wells it operates. RRC wellbore file. About tops →
| Formation | Wells | Permitted last 3 yrs |
|---|---|---|
| Wolfcamp | 181 | 1 |
| Spraberry | 175 | 1 |
| Dean | 140 | 0 |
| Clear Fork | 104 | 0 |
| Jo Mill | 25 | 0 |
| Pennsylvanian | 15 | 1 |
| Strawn | 15 | 0 |
| Devonian | 13 | 1 |
| Barnett | 13 | 1 |
| Woodford | 11 | 1 |
| San Andres | 7 | 0 |
| Leonard | 6 | 0 |
| Bend | 4 | 0 |
| Yates | 3 | 0 |
| Bone Spring | 3 | 0 |
Production by month
PDQ LEASE REPORTS · REPORTED THROUGH APR 2026
Barrels on leases where this operator filed the production report. Lease-level by design; the latest months are revised upward as late reports arrive. How production is reported →
- 0
- bbl oil, last 12 reported months
- —
- vs the 12 months before
- 0
- mcf gas incl. casinghead, last 12
- 3.04M
- bbl oil since reporting began
No lease production reported under this operator number in the last three years.
Beyond the permit record
RRC wellbore file
Wells of record
- 4
- on the schedule
- 0
- producing
- 0
- shut in
- 0
- injection
- 0
- temp. abandoned
- 0
- plugged
How it got them
- 4
- permitted itself
- 0
- acquired from others
- 193
- permitted, now run by others
Acquired means the well's permit names a different operator than the schedule does today. Transfers and operator numbers →
RRC UIC permits · H-10 reported volumes
Disposal and injection
- 0
- active UIC permits of 1
- 0
- permitted bbl/day, active
- 0
- bbl injected, last 12 reported months
- Jun 2025
- reported through
By county
| Pecos | 0 active | 0 bbl/d |
Permitted volume is a ceiling, not throughput. How to read it →
Permit types
Last 12 months against the prior 12, and all time. A type opens the permit history filtered to it. What the types mean →
| Type | 12 mo | Prior 12 | All time |
|---|---|---|---|
| Drill | 0 | 0 | 226 |
| Reenter | 0 | 0 | 2 |
| Recompletion | 0 | 0 | 1 |
Fields
RRC regulatory fields with the most wells of record under this operator. The field opens its page; the count opens this operator's wells in it.
| Field | Wells | Producing |
|---|---|---|
| Bryant -G- (Devonian)12763333 | 3 | 0 |
| Spraberry (Trend Area)85280300 | 1 | 0 |
P-5 organization report
As registered with the RRC. About the P-5 →
- Registration
- Status code Y
- Last filed Nov 4, 2016
- Address
- 303 W Wall St 1101
- Midland, TX 79701
- (432) 684-5112
- Officers and agents
- Michie, Earl H. · President/Secretary
Latest permits
NEWEST FIRST BY ISSUE DATE · FILED OR ON WELLS IT NOW OPERATES
About this data
Registration from the RRC P-5 organization report, refreshed weekly. Permits from the OGA049M master and daily daf420 files; wells of record from the EWA wellbore schedule; production from PDQ lease reports at the last vintage; disposal from UIC permits and H-10 reports. Summary figures are rebuilt nightly.
Developers: this page as JSON is GET /v1/data/operators/tx/843265, documented in the API reference.