TERRY 7

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the CONGER (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 194203District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$693 k
Dec 2002 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
282
no gaps in the span
Streams
2
condensate, 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 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered
1978-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-04-29.

The Commission's schedule remark for this field reads: OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112003-06-27152088
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition163 bbl$9,602
GasProduction111,566 Mcf$683,263
Total$692,865

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 31.7803, -101.1119. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78029, -101.11185 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,900 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 7,900 ft.

Completions filed
Dec 2002
1 of 1 wells

1 well

42-4313305247,900 ftDec 2002

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 (282)

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

282 months

May 2026086106.413.05$262
Apr 2026010898.932.87$310
Mar 2026010089.753.15$315
Feb 202608663.503.75$323
Jan 2026010359.138.00$824
Dec 2025011256.664.41$494
Nov 202509458.593.93$369
Oct 202509059.383.30$297
Sep 202509662.743.08$295
Aug 2025010963.933.01$329
Jul 2025010566.743.32$348
Jun 2025011666.483.13$363
May 2025010060.553.23$323
Apr 202507962.363.54$280
Mar 202509267.704.27$393
Feb 202508770.884.34$378
Jan 202509874.324.28$419
Dec 2024012568.993.12$390
Nov 202407969.052.20$174
Oct 2024014771.372.28$335
Sep 202409369.612.36$220
Aug 2024013875.632.06$285
Jul 202405979.932.15$127
Jun 202402478.082.63$63
May 202403778.812.20$81
Apr 202401084.451.66$17
Mar 202402080.301.55$31
Feb 202402076.091.78$36
Jan 202402273.023.30$73
Dec 202302671.262.61$68
Nov 202302777.892.81$76
Oct 202302685.443.09$80
Sep 202302289.042.74$60
Aug 202302380.522.67$61
Jul 202302474.852.64$63
Jun 202302268.962.26$50
May 202302470.622.23$53
Apr 202303078.122.24$67
Mar 202302072.852.39$48
Feb 202302175.112.47$52
Jan 202302176.533.39$71
Dec 202202176.415.73$120
Nov 202202085.005.65$113
Oct 202202287.185.86$129
Sep 202202284.888.16$180
Aug 202202594.529.13$228
Jul 2022026101.587.54$196
Jun 2022025115.097.98$199
May 2022022109.378.43$186
Apr 2022023104.226.84$157
Mar 2022041108.885.08$208
Feb 202205891.054.86$282
Jan 202206581.844.54$295
Dec 202101771.323.90$66
Nov 202104277.435.24$220
Oct 202109479.795.71$537
Sep 202103969.865.35$209
Aug 202107166.024.22$300
Jul 20210870.783.98$32
Jun 202106669.493.38$223
May 202105863.483.02$175
Apr 202104360.362.76$119
Mar 202106461.302.72$174
Feb 202102857.805.55$155
Jan 202107550.412.81$211
Dec 202006344.642.68$169
Nov 202007338.772.71$198
Oct 202008136.972.48$201
Sep 202008137.091.99$161
Aug 202008739.982.39$208
Jul 202001338.371.83$24
Jun 2020012134.901.69$205
May 202001216.921.81$22
Apr 202001514.751.80$27
Mar 2020014630.341.86$271
Feb 2020011549.881.98$228
Jan 2020010157.252.09$212
Dec 201907359.012.30$168
Nov 2019011755.302.75$322
Oct 2019016053.472.42$387
Sep 2019015555.052.66$412
Aug 2019011153.112.30$256
Jul 201906356.272.46$155
Jun 2019016552.782.49$411
May 2019014658.482.74$400
Apr 2019012662.632.75$347
Mar 2019019456.803.06$594
Feb 201909050.852.79$251
Jan 201908046.033.23$258
Dec 2018012146.594.19$506
Nov 201809252.934.24$390
Oct 201807361.443.40$248
Sep 201808559.543.11$264
Aug 2018011259.403.07$343
Jul 20182516065.142.93$2,098
Jun 201807860.183.08$240
May 2018015965.382.90$461
Apr 2018012863.842.90$371
Mar 2018021161.222.79$588
Feb 2018020961.782.77$578
Jan 2018021362.874.01$854
Dec 2017019857.272.92$578
Nov 20177619655.423.12$4,823
Oct 2017025449.292.98$758
Sep 2017017847.523.09$550
Aug 2017011745.373.00$352
Jul 2017011543.873.09$355
Jun 2017018942.493.09$584
May 201708545.373.26$277
Apr 201708447.933.21$270
Mar 2017022846.772.98$680
Feb 2017014650.452.95$431
Jan 201703449.413.42$116
Dec 201605248.763.72$194
Nov 201607542.492.64$198
Oct 2016010746.193.09$331
Sep 2016025041.553.10$775
Aug 2016035941.442.92$1,050
Jul 2016023341.622.92$681
Jun 2016022745.352.69$610
May 2016023342.521.99$464
Apr 2016032236.561.99$641
Mar 2016027133.011.79$486
Feb 2016019726.472.06$407
Jan 2016010927.352.36$258
Dec 2015018732.362.00$374
Nov 2015021138.792.17$457
Oct 2015023343.552.43$565
Sep 2015023242.992.76$640
Aug 2015025140.162.87$721
Jul 2015025948.152.95$763
Jun 2015084156.152.88$2,424
May 2015035855.212.96$1,058
Apr 2015037949.822.71$1,026
Mar 2015028942.892.93$848
Feb 2015025344.662.98$753
Jan 2015017143.433.10$530
Dec 2014029254.693.59$1,049
Nov 2014032470.464.25$1,378
Oct 2014035678.303.90$1,389
Sep 2014033786.164.05$1,363
Aug 2014635889.394.04$1,981
Jul 2014036196.564.18$1,509
Jun 2014034598.164.74$1,634
May 2014036194.734.73$1,706
Apr 2014037295.944.81$1,789
Mar 2014036095.895.06$1,820
Feb 2014035097.406.19$2,167
Jan 2014039690.404.86$1,925
Dec 2013040291.824.35$1,751
Nov 2013036988.853.74$1,379
Oct 2013037297.423.78$1,406
Sep 20130334104.113.72$1,242
Aug 20130388104.253.52$1,367
Jul 20130297102.523.72$1,104
Jun 2013031594.403.93$1,239
May 2013036494.834.15$1,510
Apr 2013039293.964.28$1,679
Mar 2013041593.623.91$1,624
Feb 2013040291.233.42$1,375
Jan 2013042691.603.42$1,457
Dec 2012048986.773.42$1,672
Nov 2012044686.953.62$1,617
Oct 2012053689.383.40$1,822
Sep 2012065094.672.92$1,897
Aug 2012033992.662.91$986
Jul 2012051685.133.02$1,559
Jun 2012043779.822.52$1,101
May 2012042191.612.49$1,048
Apr 20120620101.652.00$1,238
Mar 20120357105.052.22$793
Feb 20120327101.102.57$840
Jan 2012049498.092.73$1,351
Dec 2011052196.873.24$1,688
Nov 2011047195.723.31$1,560
Oct 2011047684.983.65$1,737
Sep 2011058583.623.99$2,332
Aug 2011061583.404.15$2,552
Jul 2011039994.144.52$1,802
Jun 2011053592.904.64$2,482
May 2011051498.134.40$2,264
Apr 20110394105.964.33$1,707
Mar 2011040196.364.06$1,627
Feb 2011043385.644.18$1,810
Jan 2011043786.504.59$2,005
Dec 2010050185.734.35$2,178
Nov 2010050580.843.80$1,917
Oct 2010053478.103.51$1,874
Sep 2010063072.633.98$2,507
Aug 2010063673.684.42$2,811
Jul 2010062872.554.74$2,975
Jun 2010060170.364.91$2,951
May 2010055271.124.24$2,338
Apr 2010053881.694.12$2,218
Mar 2010048978.394.39$2,146
Feb 2010042273.585.44$2,297
Jan 2010054174.365.96$3,227
Dec 2009058171.445.48$3,186
Nov 2009068174.593.75$2,555
Oct 2009067972.544.11$2,791
Sep 2009062665.543.06$1,919
Aug 2009058367.423.22$1,876
Jul 2009080861.133.46$2,799
Jun 2009083266.163.90$3,241
May 2009084654.743.93$3,321
Apr 2009079046.773.59$2,834
Mar 2009083842.144.06$3,401
Feb 2009062232.814.63$2,882
Jan 2009068835.865.37$3,695
Dec 2008062237.105.98$3,718
Nov 2008061755.496.86$4,233
Oct 2008063175.246.92$4,368
Sep 20080737101.767.88$5,805
Aug 20080699114.228.48$5,930
Jul 20080756131.0811.39$8,610
Jun 20080719131.3313.03$9,370
May 20080746123.1711.57$8,634
Apr 20080737110.3110.45$7,705
Mar 20080759101.909.66$7,335
Feb 2008073392.538.77$6,429
Jan 2008083290.388.21$6,827
Dec 2007084988.337.30$6,199
Nov 2007082491.677.29$6,008
Oct 2007090982.856.92$6,292
Sep 2007083475.846.24$5,208
Aug 2007076969.066.39$4,912
Jul 2007096270.906.39$6,145
Jun 2007084562.007.55$6,378
May 2007080658.747.85$6,324
Apr 2007078359.617.81$6,111
Mar 2007096156.927.30$7,017
Feb 2007085555.108.22$7,025
Jan 2007097250.306.73$6,539
Dec 200601,21756.656.92$8,420
Nov 200601,24354.207.62$9,469
Oct 200601,24854.906.01$7,505
Sep 200601,24560.085.04$6,271
Aug 200601,25068.717.34$9,175
Jul 200601,26169.376.34$7,998
Jun 200601,33266.286.38$8,503
May 200601,52266.016.42$9,779
Apr 200601,78264.397.36$13,116
Mar 200601,87656.707.08$13,288
Feb 2006561,73657.597.75$16,681
Jan 200602,05960.598.93$18,394
Dec 200502,17454.9413.42$29,165
Nov 200502,15654.6910.59$22,829
Oct 200502,49958.3413.80$34,476
Sep 200502,77661.4512.08$33,531
Aug 200503,19461.519.80$31,291
Jul 2005026955.697.84$2,110
Jun 2005014952.337.38$1,100
May 2005018445.226.65$1,224
Apr 2005030049.207.36$2,208
Mar 2005021350.377.15$1,524
Feb 2005022445.226.31$1,414
Jan 2005026143.166.32$1,650
Dec 2004018139.866.75$1,222
Nov 2004025945.286.33$1,640
Oct 2004027549.706.52$1,792
Sep 2004035943.245.28$1,897
Aug 2004023842.375.55$1,321
Jul 2004022838.286.08$1,387
Jun 2004023536.106.43$1,512
May 2004026137.486.49$1,695
Apr 2004032734.475.86$1,916
Mar 2004033334.365.53$1,842
Feb 2004034332.455.51$1,890
Jan 2004039532.036.30$2,488
Dec 2003037230.266.30$2,344
Nov 2003031528.804.60$1,447
Oct 2003034428.174.76$1,637
Sep 2003037126.314.75$1,762
Aug 2003037429.765.13$1,919
Jul 2003038629.415.17$1,996
Jun 2003038928.565.98$2,327
May 2003036426.595.97$2,174
Apr 2003052426.675.41$2,833
Mar 2003063531.146.10$3,871
Feb 2003076133.487.93$6,032
Jan 200301,06130.315.58$5,923
Dec 2002020926.914.85$1,014

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   86 Mcf  × $  3.05 =       $262

────────────────────────────────────────────────────
Month total                                     $262

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. 08/G/194203 is the state's own key, not one this site invented.