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 234806District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$298 k
Nov 2007 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
223
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 Gas112009-08-14191726
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
CondensateDisposition1,330 bbl$94,715
GasProduction50,172 Mcf$203,547
Total$298,262

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 31.7924, -101.1089. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79244, -101.10890 · 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
8,950 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 8,950 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-4313080428,950 ftNov 2007

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 (223)

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

223 months

May 202619405106.413.05$3,255
Apr 2026244098.932.87$1,461
Mar 2026222389.753.15$882
Feb 2026413963.503.75$775
Jan 2026216759.138.00$1,454
Dec 2025318156.664.41$969
Nov 2025415258.593.93$831
Oct 2025214659.383.30$601
Sep 2025215662.743.08$605
Aug 2025317763.933.01$725
Jul 2025417066.743.32$831
Jun 2025220666.483.13$777
May 2025524760.553.23$1,101
Apr 2025424162.363.54$1,103
Mar 2025428367.704.27$1,479
Feb 2025226570.884.34$1,292
Jan 2025430074.324.28$1,581
Dec 2024438468.993.12$1,475
Nov 2024329969.052.20$864
Oct 2024660171.372.28$1,799
Sep 2024329469.612.36$904
Aug 2024630975.632.06$1,091
Jul 2024619179.932.15$890
Jun 2024617478.082.63$927
May 2024627078.812.20$1,066
Apr 202437184.451.66$371
Mar 2024614880.301.55$710
Feb 2024614776.091.78$719
Jan 20241512573.023.30$1,508
Dec 20231810471.262.61$1,554
Nov 20231210777.892.81$1,235
Oct 20231610685.443.09$1,694
Sep 2023229089.042.74$2,205
Aug 2023239280.522.67$2,098
Jul 2023219674.852.64$1,825
Jun 2023218968.962.26$1,649
May 2023209870.622.23$1,631
Apr 20232912778.122.24$2,550
Mar 2023108072.852.39$920
Feb 2023208275.112.47$1,704
Jan 202328576.533.39$441
Dec 202208376.415.73$476
Nov 202207985.005.65$446
Oct 202208787.185.86$510
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 2022391104.226.84$935
Mar 20226252108.885.08$1,933
Feb 2022623591.054.86$1,688
Jan 2022326081.844.54$1,425
Dec 2021618471.323.90$1,145
Nov 2021614877.435.24$1,240
Oct 2021615179.795.71$1,342
Sep 2021318269.865.35$1,183
Aug 2021328666.024.22$1,405
Jul 2021334270.783.98$1,574
Jun 2021622969.493.38$1,191
May 2021914863.483.02$1,018
Apr 2021327860.362.76$948
Mar 2021615261.302.72$781
Feb 2021621957.805.55$1,562
Jan 202134050.412.81$264
Dec 2020633744.642.68$1,169
Nov 2020628238.772.71$996
Oct 2020234136.972.48$919
Sep 2020442937.091.99$1,003
Aug 2020026539.982.39$632
Jul 2020026438.371.83$482
Jun 2020022134.901.69$374
May 202003716.921.81$67
Apr 202002914.751.80$52
Mar 2020041830.341.86$776
Feb 2020024949.881.98$493
Jan 2020016457.252.09$344
Dec 201907359.012.30$168
Nov 201906855.302.75$187
Oct 201907453.472.42$179
Sep 2019015255.052.66$404
Aug 2019019353.112.30$445
Jul 2019037356.272.46$918
Jun 2019040352.782.49$1,004
May 20190058.482.74$0
Apr 201902462.632.75$66
Mar 2019031956.803.06$977
Feb 2019019850.852.79$553
Jan 2019015946.033.23$513
Dec 2018016646.594.19$695
Nov 201808652.934.24$364
Oct 2018010961.443.40$370
Sep 2018017959.543.11$556
Aug 2018021059.403.07$644
Jul 2018021965.142.93$642
Jun 2018019960.183.08$612
May 2018036765.382.90$1,065
Apr 2018019063.842.90$551
Mar 201810120861.222.79$6,763
Feb 2018025661.782.77$708
Jan 2018057862.874.01$2,317
Dec 2017022357.272.92$652
Nov 2017027055.423.12$842
Oct 2017038349.292.98$1,143
Sep 2017031447.523.09$969
Aug 2017035545.373.00$1,067
Jul 2017032643.873.09$1,006
Jun 2017023742.493.09$732
May 2017023545.373.26$767
Apr 201715618347.933.21$8,065
Mar 2017033046.772.98$985
Feb 2017017150.452.95$505
Jan 2017023649.413.42$807
Dec 2016036748.763.72$1,366
Nov 2016026042.492.64$688
Oct 2016029546.193.09$912
Sep 2016038841.553.10$1,203
Aug 2016015241.442.92$445
Jul 2016029141.622.92$851
Jun 2016030145.352.69$808
May 2016022242.521.99$442
Apr 2016034236.561.99$681
Mar 2016025333.011.79$454
Feb 2016017026.472.06$351
Jan 2016012227.352.36$288
Dec 2015018732.362.00$374
Nov 2015027438.792.17$594
Oct 201515721143.552.43$7,349
Sep 2015024542.992.76$676
Aug 2015034940.162.87$1,003
Jul 201503748.152.95$109
Jun 2015021656.152.88$623
May 2015025055.212.96$739
Apr 2015029549.822.71$798
Mar 2015036642.892.93$1,074
Feb 2015621344.662.98$902
Jan 2015817643.433.10$893
Dec 2014612354.693.59$770
Nov 2014516570.464.25$1,054
Oct 2014811478.303.90$1,071
Sep 201478986.164.05$963
Aug 2014015689.394.04$629
Jul 2014016596.564.18$690
Jun 2014016398.164.74$772
May 2014015094.734.73$709
Apr 2014015895.944.81$760
Mar 2014013895.895.06$698
Feb 2014012897.406.19$793
Jan 2014314090.404.86$952
Dec 201311411591.824.35$10,968
Nov 2013015888.853.74$591
Oct 2013017597.423.78$661
Sep 20131195104.113.72$829
Aug 20130256104.253.52$902
Jul 20130210102.523.72$781
Jun 2013021194.403.93$830
May 2013017094.834.15$705
Apr 2013012593.964.28$535
Mar 2013013993.623.91$544
Feb 2013022891.233.42$780
Jan 2013013391.603.42$455
Dec 2012019286.773.42$657
Nov 2012014586.953.62$526
Oct 2012016389.383.40$554
Sep 2012016094.672.92$467
Aug 2012017892.662.91$518
Jul 2012021485.133.02$646
Jun 2012019679.822.52$494
May 2012019191.612.49$475
Apr 20120198101.652.00$395
Mar 20120279105.052.22$620
Feb 20120221101.102.57$568
Jan 2012027098.092.73$738
Dec 20117111196.873.24$7,237
Nov 2011012595.723.31$414
Oct 2011021884.983.65$795
Sep 2011023483.623.99$933
Aug 2011015783.404.15$651
Jul 2011017994.144.52$809
Jun 2011023092.904.64$1,067
May 2011015798.134.40$692
Apr 20110187105.964.33$810
Mar 2011023396.364.06$945
Feb 2011023585.644.18$982
Jan 2011023286.504.59$1,065
Dec 2010031985.734.35$1,387
Nov 2010030580.843.80$1,158
Oct 201011427178.103.51$9,854
Sep 2010021472.633.98$852
Aug 2010034073.684.42$1,503
Jul 2010026672.554.74$1,260
Jun 2010022870.364.91$1,120
May 2010025571.124.24$1,080
Apr 2010025481.694.12$1,047
Mar 2010026378.394.39$1,154
Feb 2010017073.585.44$925
Jan 2010022274.365.96$1,324
Dec 2009029171.445.48$1,596
Nov 2009019174.593.75$717
Oct 2009024172.544.11$991
Sep 2009033865.543.06$1,036
Aug 2009022667.423.22$727
Jul 2009022761.133.46$786
Jun 20097531666.163.90$6,193
May 2009052754.743.93$2,069
Apr 2009031146.773.59$1,116
Mar 2009031742.144.06$1,287
Feb 2009033932.814.63$1,571
Jan 2009037535.865.37$2,014
Dec 2008048837.105.98$2,917
Nov 2008038655.496.86$2,648
Oct 2008037775.246.92$2,610
Sep 20080406101.767.88$3,198
Aug 20080375114.228.48$3,181
Jul 20080463131.0811.39$5,273
Jun 200850477131.3313.03$12,783
May 20080457123.1711.57$5,289
Apr 20080452110.3110.45$4,726
Mar 20080365101.909.66$3,527
Feb 2008039292.538.77$3,438
Jan 2008035990.388.21$2,946
Dec 2007040188.337.30$2,928
Nov 2007037891.677.29$2,756

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            19 bbl  × $106.41 =     $2,022
Gas                  405 Mcf  × $  3.05 =     $1,234

────────────────────────────────────────────────────
Month total                                   $3,255

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/234806 is the state's own key, not one this site invented.