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TERRY 18

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 225769District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$286 k
Mar 2007 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
231
no gaps in the span
Streams
2
condensate, gas

The CONGER (PENN) 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 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 Gas112009-08-14191725
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
CondensateDisposition323 bbl$29,580
GasProduction57,744 Mcf$256,335
Total$285,915

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 31.7966, -101.1126. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79665, -101.11259 · 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
7,925 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 7,925 ft.

Completions filed
Nov 1998
1 of 1 wells

1 well

42-4313294767,925 ftNov 1998——

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 (231)

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

231 months

May 20260119106.413.05$362
Apr 2026014998.932.87$428
Mar 2026013989.753.15$438
Feb 2026012163.503.75$454
Jan 2026014559.138.00$1,160
Dec 2025015756.664.41$693
Nov 2025013258.593.93$518
Oct 2025012759.383.30$420
Sep 2025013662.743.08$418
Aug 2025015463.933.01$464
Jul 2025014866.743.32$491
Jun 2025018066.483.13$563
May 2025017460.553.23$562
Apr 2025014162.363.54$500
Mar 2025016667.704.27$709
Feb 2025015570.884.34$673
Jan 2025017674.324.28$753
Dec 2024022568.993.12$702
Nov 2024014469.052.20$317
Oct 2024024471.372.28$557
Sep 2024016069.612.36$378
Aug 2024028775.632.06$592
Jul 2024019779.932.15$423
Jun 202409778.082.63$256
May 2024015078.812.20$330
Apr 202404084.451.66$66
Mar 202408280.301.55$127
Feb 202408276.091.78$146
Jan 202408973.023.30$293
Dec 2023010471.262.61$272
Nov 2023010777.892.81$300
Oct 2023010685.443.09$327
Sep 202309089.042.74$246
Aug 202309280.522.67$246
Jul 202309674.852.64$254
Jun 202308968.962.26$201
May 202309870.622.23$218
Apr 202308978.122.24$199
Mar 202308172.852.39$194
Feb 202308275.112.47$202
Jan 202308576.533.39$288
Dec 202208376.415.73$476
Nov 202207985.005.65$446
Oct 202208887.185.86$516
Sep 202209084.888.16$735
Aug 202209994.529.13$904
Jul 20220103101.587.54$777
Jun 20220102115.097.98$814
May 2022090109.378.43$759
Apr 2022092104.226.84$629
Mar 20220108108.885.08$548
Feb 202209891.054.86$476
Jan 2022010981.844.54$495
Dec 2021015171.323.90$589
Nov 2021012077.435.24$628
Oct 2021015679.795.71$891
Sep 2021014969.865.35$797
Aug 2021011966.024.22$502
Jul 2021016770.783.98$665
Jun 2021017769.493.38$598
May 2021017863.483.02$537
Apr 2021011560.362.76$317
Mar 2021012461.302.72$337
Feb 202109557.805.55$527
Jan 2021010050.412.81$281
Dec 2020011144.642.68$297
Nov 2020011338.772.71$306
Oct 2020011736.972.48$290
Sep 2020014437.091.99$287
Aug 2020016939.982.39$403
Jul 2020019038.371.83$347
Jun 2020019134.901.69$323
May 202001916.921.81$34
Apr 20200014.751.80$0
Mar 2020011430.341.86$212
Feb 202009049.881.98$178
Jan 202007757.252.09$161
Dec 201907959.012.30$182
Nov 201907555.302.75$206
Oct 2019012553.472.42$302
Sep 2019014055.052.66$372
Aug 2019014153.112.30$325
Jul 201909156.272.46$224
Jun 201908452.782.49$209
May 2019059458.482.74$1,628
Apr 2019068162.632.75$1,873
Mar 2019014356.803.06$438
Feb 201906850.852.79$190
Jan 201904446.033.23$142
Dec 2018010246.594.19$427
Nov 2018021452.934.24$907
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018011663.842.90$336
Mar 2018016761.222.79$465
Feb 2018017161.782.77$473
Jan 2018020562.874.01$822
Dec 2017019857.272.92$578
Nov 2017018255.423.12$568
Oct 2017017249.292.98$513
Sep 2017021047.523.09$648
Aug 2017020845.373.00$625
Jul 2017022043.873.09$679
Jun 2017022242.493.09$685
May 2017021845.373.26$711
Apr 2017022547.933.21$723
Mar 2017024646.772.98$734
Feb 2017021450.452.95$632
Jan 2017021449.413.42$732
Dec 2016028448.763.72$1,057
Nov 2016023342.492.64$616
Oct 2016023146.193.09$714
Sep 2016030241.553.10$936
Aug 2016026741.442.92$781
Jul 2016029241.622.92$854
Jun 2016028645.352.69$768
May 2016027242.521.99$542
Apr 2016032936.561.99$655
Mar 2016028933.011.79$518
Feb 2016027826.472.06$574
Jan 2016025527.352.36$603
Dec 2015023932.362.00$478
Nov 2015018138.792.17$392
Oct 2015015643.552.43$379
Sep 2015021442.992.76$590
Aug 2015017240.162.87$494
Jul 2015016348.152.95$480
Jun 2015028856.152.88$830
May 2015015055.212.96$443
Apr 2015022849.822.71$617
Mar 2015076942.892.93$2,257
Feb 2015012344.662.98$366
Jan 2015027243.433.10$843
Dec 2014010454.693.59$374
Nov 201405870.464.25$247
Oct 201407078.303.90$273
Sep 20140486.164.05$16
Aug 20141425389.394.04$2,272
Jul 2014028896.564.18$1,204
Jun 2014029298.164.74$1,383
May 2014029794.734.73$1,404
Apr 2014031495.944.81$1,510
Mar 2014035795.895.06$1,805
Feb 2014026097.406.19$1,610
Jan 2014030890.404.86$1,497
Dec 20134635191.824.35$5,752
Nov 2013045188.853.74$1,686
Oct 2013033197.423.78$1,251
Sep 20130291104.113.72$1,082
Aug 20130273104.253.52$962
Jul 20130264102.523.72$981
Jun 2013027194.403.93$1,066
May 2013032594.834.15$1,348
Apr 2013029993.964.28$1,280
Mar 2013033093.623.91$1,291
Feb 2013032991.233.42$1,125
Jan 2013037191.603.42$1,269
Dec 2012033686.773.42$1,149
Nov 2012037086.953.62$1,341
Oct 2012038089.383.40$1,292
Sep 2012034894.672.92$1,016
Aug 2012027092.662.91$785
Jul 2012035985.133.02$1,084
Jun 2012033079.822.52$831
May 2012033291.612.49$826
Apr 20120349101.652.00$697
Mar 20120379105.052.22$842
Feb 20120284101.102.57$730
Jan 2012040698.092.73$1,110
Dec 20114637496.873.24$5,668
Nov 2011042795.723.31$1,414
Oct 2011035984.983.65$1,310
Sep 2011034683.623.99$1,379
Aug 2011043183.404.15$1,788
Jul 2011037094.144.52$1,671
Jun 2011024892.904.64$1,151
May 2011031698.134.40$1,392
Apr 20110302105.964.33$1,309
Mar 2011036996.364.06$1,497
Feb 2011026785.644.18$1,116
Jan 2011035986.504.59$1,647
Dec 2010046385.734.35$2,013
Nov 2010045880.843.80$1,738
Oct 20105537078.103.51$5,594
Sep 2010035872.633.98$1,425
Aug 2010037673.684.42$1,662
Jul 2010037072.554.74$1,753
Jun 2010034570.364.91$1,694
May 2010046371.124.24$1,961
Apr 2010050181.694.12$2,065
Mar 2010049978.394.39$2,190
Feb 2010037973.585.44$2,063
Jan 2010048374.365.96$2,881
Dec 2009049671.445.48$2,720
Nov 2009047774.593.75$1,789
Oct 2009056972.544.11$2,339
Sep 2009048765.543.06$1,493
Aug 2009042967.423.22$1,381
Jul 2009049661.133.46$1,718
Jun 20094348466.163.90$4,730
May 2009047654.743.93$1,869
Apr 2009048746.773.59$1,747
Mar 2009058242.144.06$2,362
Feb 2009047832.814.63$2,215
Jan 2009052835.865.37$2,836
Dec 2008043137.105.98$2,576
Nov 2008045155.496.86$3,094
Oct 2008042475.246.92$2,935
Sep 20080457101.767.88$3,600
Aug 20080478114.228.48$4,055
Jul 20080590131.0811.39$6,720
Jun 200874491131.3313.03$16,117
May 20080538123.1711.57$6,227
Apr 20080559110.3110.45$5,844
Mar 20080455101.909.66$4,397
Feb 2008044892.538.77$3,929
Jan 2008050590.388.21$4,144
Dec 2007046288.337.30$3,374
Nov 2007048691.677.29$3,544
Oct 2007042482.856.92$2,935
Sep 2007046475.846.24$2,897
Aug 2007057269.066.39$3,654
Jul 2007036570.906.39$2,332
Jun 20074533162.007.55$5,289
May 2007037458.747.85$2,935
Apr 2007047259.617.81$3,684
Mar 2007050756.927.30$3,702

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                  119 Mcf  × $  3.05 =       $362

────────────────────────────────────────────────────
Month total                                     $362

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/225769 is the state's own key, not one this site invented.