TERRY

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.

Oil lease lease 32276District 08Field 20097700NGPA filingOilCasinghead gasSaveExport
Value, all time
$10.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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
NGPA3none

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
OilDisposition70,573 bbl$2,670,197
Casinghead gasProduction2,104,498 Mcf$8,080,443
Total$10,750,639

347,554 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 31.7758, -101.0938. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.5 miles.

31.77565, -101.09348 · 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
12.5%
1 of 8 wells
With a plug date
12.5%
1 of 8 wells
Median depth
7,575 ft
8 wells filed one
Completion to plug
28.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
112.5%
A plug date is filed
112.5%
BothOn the schedule and plugged. Neither fact cancels the other.
112.5%
NeitherNo plug date, and not on the schedule.
787.5%

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 7,575 ft, with the middle half between 7,450 and 7,665 ft; the shallowest is 7,400 ft and the deepest 7,775 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, May 1989 – Sep 2004. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1989 – Sep 2004
8 of 8 wells
Plug dates filed
Jun 2022
1 of 8 wells; 7 filed none

Last completion to plug: a median of 28.9 years across the 1 well that filed both dates, with the middle half between 28.9 years and 28.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-431326196107,710 ftSep 2004
42-431330386127,775 ftApr 2002
42-431324766087,400 ftMay 1999
42-431329376117,650 ftOct 1998
42-431317707027,650 ftJul 1993Jun 2022Yes
42-4313254531077,450 ftMay 1993
42-4313254631067,450 ftMar 1993
42-4313195547,500 ftMay 1989

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026101,28898.932.87$4,686
Mar 2026101,05289.753.15$4,211
Feb 20262191163.503.75$4,750
Jan 2026191,09259.138.00$9,857
Dec 2025331,18456.664.41$7,095
Nov 20253899358.593.93$6,125
Oct 20251995659.383.30$4,288
Sep 2025181,01962.743.08$4,265
Aug 2025341,16363.933.01$5,680
Jul 2025361,11966.743.32$6,112
Jun 2025221,11766.483.13$4,957
May 2025461,21360.553.23$6,706
Apr 2025451,21262.363.54$7,100
Mar 2025451,42567.704.27$9,129
Feb 2025221,33870.884.34$7,367
Jan 2025441,60574.324.28$10,137
Dec 2024401,59468.993.12$7,735
Nov 2024101,00369.052.20$2,896
Oct 2024251,49771.372.28$5,200
Sep 20242687769.612.36$3,883
Aug 2024601,79775.632.06$8,246
Jul 2024801,65579.932.15$9,947
Jun 2024951,37478.082.63$11,037
May 2024992,21178.812.20$12,663
Apr 20244963184.451.66$5,185
Mar 2024991,42780.301.55$10,155
Feb 20241001,42276.091.78$10,145
Jan 20241101,51973.023.30$13,041
Dec 2023851,68671.262.61$10,459
Nov 2023591,74677.892.81$9,498
Oct 2023761,69385.443.09$11,720
Sep 20231041,44289.042.74$13,204
Aug 2023431,46080.522.67$7,365
Jul 2023341,50974.852.64$6,531
Jun 2023341,39068.962.26$5,484
May 2023311,39470.622.23$5,294
Apr 2023461,03778.122.24$5,914
Mar 20231686872.852.39$3,243
Feb 20233182875.112.47$4,370
Jan 20235389976.533.39$7,102
Dec 20223489976.415.73$7,748
Nov 20221785285.005.65$6,256
Oct 20223591787.185.86$8,428
Sep 20223677984.888.16$9,415
Aug 20222686394.529.13$10,334
Jul 202224942101.587.54$9,543
Jun 202246934115.097.98$12,745
May 202247823109.378.43$12,081
Apr 202229840104.226.84$8,766
Mar 2022891,222108.885.08$15,894
Feb 2022911,20591.054.86$14,140
Jan 2022451,33781.844.54$9,750
Dec 2021881,39171.323.90$11,700
Nov 2021791,83477.435.24$15,721
Oct 2021821,67279.795.71$16,096
Sep 2021411,68069.865.35$11,854
Aug 2021391,46766.024.22$8,766
Jul 2021402,16870.783.98$11,464
Jun 2021852,19569.493.38$13,327
May 20211192,47263.483.02$15,014
Apr 2021361,38260.362.76$5,985
Mar 2021721,62361.302.72$8,823
Feb 2021621,43457.805.55$11,539
Jan 2021301,56350.412.81$5,905
Dec 2020621,40744.642.68$6,532
Nov 2020811,62238.772.71$7,530
Oct 2020681,94036.972.48$7,322
Sep 20203012,34737.091.99$15,837
Aug 202002,13839.982.39$5,099
Jul 20201722,26338.371.83$10,730
Jun 20201633,21734.901.69$11,126
May 2020019316.921.81$350
Apr 202017743214.751.80$3,390
Mar 202002,70130.341.86$5,014
Feb 20203502,33249.881.98$22,077
Jan 202001,93557.252.09$4,053
Dec 20191821,96859.012.30$15,275
Nov 201902,24555.302.75$6,175
Oct 201903,08853.472.42$7,468
Sep 201902,44055.052.66$6,484
Aug 201902,53353.112.30$5,837
Jul 20191892,76356.272.46$17,432
Jun 201902,97752.782.49$7,416
May 201903,23558.482.74$8,865
Apr 201902,61662.632.75$7,196
Mar 20191793,58556.803.06$21,145
Feb 201901,38050.852.79$3,853
Jan 20191891,84146.033.23$14,643
Dec 20181602,28846.594.19$17,031
Nov 201802,31352.934.24$9,801
Oct 201802,29261.443.40$7,788
Sep 20181763,01759.543.11$19,856
Aug 201802,99859.403.07$9,194
Jul 20184002,61365.142.93$33,717
Jun 20181792,98660.183.08$19,960
May 201803,88465.382.90$11,267
Apr 20181013,33663.842.90$16,125
Mar 201803,82361.222.79$10,654
Feb 20181783,22061.782.77$19,904
Jan 201803,16362.874.01$12,681
Dec 20171823,80557.272.92$21,540
Nov 20171023,55355.423.12$16,732
Oct 20171802,85749.292.98$17,397
Sep 201703,06047.523.09$9,447
Aug 201704,05045.373.00$12,168
Jul 201703,16543.873.09$9,771
Jun 201703,25542.493.09$10,049
May 201703,01545.373.26$9,839
Apr 20171792,88747.933.21$17,851
Mar 201703,27746.772.98$9,778
Feb 201702,85750.452.95$8,436
Jan 201704,16949.413.42$14,253
Dec 20161743,77248.763.72$22,527
Nov 201603,94242.492.64$10,424
Oct 201604,05246.193.09$12,522
Sep 20161594,50841.553.10$20,584
Aug 20161803,73041.442.92$18,367
Jul 201603,72241.622.92$10,884
Jun 201603,54145.352.69$9,511
May 201603,45942.521.99$6,887
Apr 201603,99736.561.99$7,958
Mar 201603,37733.011.79$6,058
Feb 20161793,88926.472.06$12,764
Jan 201604,55227.352.36$10,763
Dec 201503,66732.362.00$7,339
Nov 201504,30738.792.17$9,335
Oct 20151414,65443.552.43$17,434
Sep 201503,97842.992.76$10,973
Aug 201504,41240.162.87$12,673
Jul 201504,13748.152.95$12,184
Jun 201504,30156.152.88$12,399
May 201503,97955.212.96$11,760
Apr 201504,06049.822.71$10,989
Mar 201504,78042.892.93$14,028
Feb 20151823,85044.662.98$19,586
Jan 2015143,55343.433.10$11,625
Dec 20141763,14354.693.59$20,913
Nov 201483,02070.464.25$13,404
Oct 20141733,31878.303.90$26,489
Sep 2014112,97186.164.05$12,967
Aug 20141043,04689.394.04$21,588
Jul 201403,55396.564.18$14,850
Jun 201403,53698.164.74$16,750
May 201403,78194.734.73$17,871
Apr 201403,68995.944.81$17,741
Mar 20143643,72995.895.06$53,761
Feb 201403,31297.406.19$20,508
Jan 201413,92990.404.86$19,188
Dec 201313,66991.824.35$16,068
Nov 201303,47088.853.74$12,972
Oct 201333,48897.423.78$13,475
Sep 20133353,666104.113.72$48,506
Aug 201304,481104.253.52$15,785
Jul 201303,971102.523.72$14,763
Jun 201304,25394.403.93$16,729
May 20131793,69494.834.15$32,301
Apr 201303,59993.964.28$15,413
Mar 20131803,59693.623.91$30,922
Feb 20131623,58591.233.42$27,040
Jan 201303,59791.603.42$12,301
Dec 201203,60086.773.42$12,313
Nov 20121844,04186.953.62$30,647
Oct 20121633,90189.383.40$27,831
Sep 201204,23394.672.92$12,354
Aug 20121574,59692.662.91$27,914
Jul 201204,53785.133.02$13,705
Jun 20121665,05279.822.52$25,976
May 201204,81091.612.49$11,969
Apr 20121804,288101.652.00$26,859
Mar 20121595,452105.052.22$28,818
Feb 20121814,502101.102.57$29,870
Jan 201205,53298.092.73$15,125
Dec 201104,89596.873.24$15,859
Nov 20111834,35495.723.31$31,934
Oct 20111594,47184.983.65$29,824
Sep 201105,00383.623.99$19,941
Aug 20111795,91383.404.15$39,464
Jul 201104,67294.144.52$21,105
Jun 20111565,77192.904.64$41,269
May 20113615,29698.134.40$58,753
Apr 201104,626105.964.33$20,046
Mar 20111824,94396.364.06$37,593
Feb 201104,25185.644.18$17,769
Jan 20113475,50586.504.59$55,277
Dec 201005,71485.734.35$24,843
Nov 201005,25180.843.80$19,929
Oct 20101805,52478.103.51$33,441
Sep 20101625,57172.633.98$33,936
Aug 201005,40973.684.42$23,904
Jul 201006,81172.554.74$32,260
Jun 201005,55670.364.91$27,282
May 20101776,37571.124.24$39,588
Apr 20101625,57181.694.12$36,201
Mar 201006,18178.394.39$27,126
Feb 20101844,58273.585.44$38,476
Jan 20101666,53374.365.96$51,307
Dec 200905,68271.445.48$31,159
Nov 20093626,21274.593.75$50,306
Oct 200906,69772.544.11$27,526
Sep 20093306,66965.543.06$42,067
Aug 200906,72267.423.22$21,635
Jul 200905,18461.133.46$17,960
Jun 20092936,06166.163.90$42,992
May 200906,82054.743.93$26,774
Apr 20093426,61046.773.59$39,709
Mar 20091695,64942.144.06$30,051
Feb 200905,70032.814.63$26,408
Jan 20091706,30135.865.37$39,939
Dec 200806,26837.105.98$37,465
Nov 20081755,62455.496.86$48,293
Oct 20083457,01975.246.92$74,543
Sep 200806,664101.767.88$52,493
Aug 20083346,478114.228.48$93,102
Jul 200807,748131.0811.39$88,245
Jun 200806,192131.3313.03$80,698
May 20081696,629123.1711.57$97,542
Apr 20081776,155110.3110.45$83,875
Mar 20085295,851101.909.66$110,450
Feb 200806,37792.538.77$55,930
Jan 20081586,05690.388.21$63,974
Dec 20073436,95388.337.30$81,068
Nov 20071636,62291.677.29$63,228
Oct 20071686,68582.856.92$60,192
Sep 20073546,12475.846.24$65,087
Aug 20071646,43669.066.39$52,439
Jul 20071776,18870.906.39$52,078
Jun 20071756,37362.007.55$58,956
May 20071796,60358.747.85$62,323
Apr 20073476,70059.617.81$72,980
Mar 200707,15056.927.30$52,209
Feb 20073465,97655.108.22$68,163
Jan 200706,79850.306.73$45,729
Dec 20061626,89856.656.92$56,901
Nov 20065307,29154.207.62$84,265
Oct 20061776,72954.906.01$50,184
Sep 20063527,37760.085.04$58,308
Aug 20061718,24268.717.34$72,245
Jul 20061668,27869.376.34$64,021
Jun 20063187,51266.286.38$69,033
May 20063498,20366.016.42$75,742
Apr 20066848,03764.397.36$103,199
Mar 20068217,39256.707.08$98,908
Feb 20064237,00957.597.75$78,688
Jan 20061839,14660.598.93$92,792
Dec 200508,35254.9413.42$112,045
Nov 20052558,31754.6910.59$102,010
Oct 200508,75958.3413.80$120,837
Sep 20053038,49561.4512.08$121,230
Aug 200508,28561.519.80$81,167
Jul 20051799,20755.697.84$82,185
Jun 20053389,25552.337.38$85,999
May 200509,76445.226.65$64,942
Apr 2005010,04949.207.36$73,965
Mar 200518110,39950.377.15$83,521
Feb 200535710,03645.226.31$79,490
Jan 200518111,19743.166.32$78,602
Dec 20043679,14139.866.75$76,340
Nov 20041087,03045.286.33$49,393
Oct 20041739,98549.706.52$73,651
Sep 20045317,86843.245.28$64,534
Aug 200406,90042.375.55$38,300
Jul 20041807,31838.286.08$51,414
Jun 20041087,43636.106.43$51,735
May 20043057,71537.486.49$61,537
Apr 200407,35934.475.86$43,112
Mar 20045087,56034.365.53$59,263
Feb 200407,44432.455.51$41,014
Jan 20041587,49432.036.30$52,270
Dec 20033097,69930.266.30$57,867
Nov 20031687,54828.804.60$39,523
Oct 200307,79528.174.76$37,101
Sep 20034007,89426.314.75$48,015
Aug 200307,48329.765.13$38,386
Jul 20031817,73329.415.17$45,309
Jun 20035266,37628.565.98$53,170
May 200307,25026.595.97$43,302
Apr 200307,96826.675.41$43,085
Mar 20033049,08631.146.10$64,855
Feb 20033549,95533.487.93$90,754
Jan 2003013,11430.315.58$73,203
Dec 200264413,41326.914.85$82,434
Nov 200215912,17024.664.14$54,268
Oct 200217914,52826.464.23$66,177
Sep 200250515,76227.443.64$71,155
Aug 200234817,60125.963.16$64,726
Jul 200215318,32024.583.06$59,852
Jun 200260317,82223.733.34$73,803
May 200266518,75124.663.58$83,602
Apr 200246614,00023.653.51$60,193
Mar 20023475,52822.003.10$24,786
Feb 20021824,87218.222.38$14,890
Jan 200205,63117.172.38$13,377
Dec 20014495,05116.932.36$19,544
Nov 20011805,15018.072.41$15,641
Oct 200105,82119.782.53$14,721
Sep 20012974,01724.262.25$16,249
Aug 200104,91324.873.05$15,000
Jul 20011815,02923.933.20$20,409
Jun 20011655,14124.563.82$23,712
May 20011765,36725.524.31$27,609
Apr 200105,23624.685.34$27,936
Mar 20015245,36524.545.38$41,704
Feb 200105,58027.755.77$32,180
Jan 20011896,45627.478.40$59,414
Dec 20004695,14726.889.12$59,560
Nov 200004,61332.215.66$26,100
Oct 200005,48831.235.15$28,239
Sep 20004085,60231.875.19$42,058
Aug 20001746,56029.644.54$34,945
Jul 200006,61728.534.09$27,062
Jun 20004607,11129.304.40$44,747
May 20001827,78627.263.68$33,612
Apr 20001827,40324.513.12$27,529
Mar 20001827,91228.422.86$27,799
Feb 20003617,92827.622.73$31,587
Jan 20001798,79625.272.48$26,342
Dec 19994929,72024.282.42$35,504
Nov 19993629,81823.192.43$32,292
Oct 19994939,71120.982.80$37,570
Sep 19993658,14021.752.62$29,256
Aug 19995118,50119.262.88$34,287
Jul 19991819,04417.892.37$24,694
Jun 199934910,48215.942.36$30,323
May 199917710,91915.792.32$28,138
Apr 19995257,98115.102.21$25,550
Mar 19991849,35312.471.84$19,488
Feb 199935210,1699.981.82$21,998
Jan 199918312,46710.381.90$25,586
Dec 199858414,8799.201.77$31,758
Nov 19981,25017,21110.892.19$51,231
Oct 199806,23212.421.97$12,272
Sep 19981503,63312.592.08$9,455
Aug 19981784,90111.301.91$11,359
Jul 199804,37411.742.24$9,786
Jun 19981573,24511.242.24$9,025
May 19983534,74012.622.21$14,913
Apr 199854,41513.042.51$11,126
Mar 19981384,59312.802.31$12,374
Feb 19981764,49013.952.30$12,778
Jan 19985135,09514.702.15$18,520
Dec 19973615,23116.322.41$18,504
Nov 199705,10718.193.09$15,772
Oct 19973615,63019.253.15$24,683
Sep 19971814,93817.742.95$17,802
Aug 19973605,09517.862.55$19,446
Jul 199703,98217.582.25$8,947
Jun 1997104,12217.242.26$9,477
May 19973663,32518.972.31$14,619
Apr 19971844,23917.882.08$12,119
Mar 19978024,63418.951.94$24,184
Feb 199703,55720.492.21$7,846
Jan 199704,27023.483.54$15,115
Dec 19961974,26823.32$4,594
Nov 199604,42021.97$0
Oct 199605,20423.31$0
Sep 19964925,37322.22$10,932
Aug 199605,31820.26$0
Jul 19963915,49219.55$7,644
Jun 19964016,49718.73$7,511
May 199606,24419.43$0
Apr 19965785,72421.51$12,433
Mar 199605,89119.38$0
Feb 199605,60616.98$0
Jan 199606,28917.07$0
Dec 19957546,66817.19$12,961
Nov 199526,23916.00$32
Oct 19955396,64215.43$8,317
Sep 19951886,27716.18$3,042
Aug 19951765,99715.92$2,802
Jul 19953447,16715.24$5,243
Jun 19953557,10816.41$5,826
May 19953907,37217.56$6,848
Apr 19953847,44117.73$6,808
Mar 19951967,92416.44$3,222
Feb 19953666,85516.58$6,068
Jan 19952057,53415.92$3,264
Dec 19945337,91915.03$8,011
Nov 19941817,72615.90$2,878
Oct 199408,36015.58$0
Sep 19941749,14915.29$2,660
Aug 19943569,01016.13$5,742
Jul 19943459,35317.56$6,058
Jun 19945269,37417.09$8,989
May 19942019,53615.88$3,192
Apr 19945389,68714.14$7,607
Mar 199435910,33212.46$4,473
Feb 19946709,03112.50$8,375
Jan 199451210,30512.66$6,482
Dec 199370311,21612.33$8,668
Nov 199368810,91714.49$9,969
Oct 19931,02911,64515.85$16,310
Sep 19931,21310,22115.03$18,231
Aug 19931,2557,94615.66$19,653
Jul 19937388,28615.46$11,409
Jun 19939096,33116.79$15,262
May 19931,9495,93217.68$34,458
Apr 19933644,98618.05$6,570
Mar 19934955,71218.14$8,979
Feb 19931,1512,64717.90$20,603
Jan 1993122,38316.93$203

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.

Apr 2026 — as filed, then multipliedworked
Oil                   10 bbl  × $ 98.93 =       $989
Casinghead gas     1,288 Mcf  × $  2.87 =     $3,696

────────────────────────────────────────────────────
Month total                                   $4,686

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/O/32276 is the state's own key, not one this site invented.