MM TERRY RANCH, LTD.

Operated by ITX CORPORATION (P-5 427179) in the VEALE (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118030District 7BField 93294500CondensateGasSaveExport
Value, all time
$3.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
401
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 24 leases and 33 wells, and the rule below applies to all of them.

Discovered
1971-02-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1972-07-10.

The Commission's schedule remark for this field reads: PER DOCKET 7B-61993 EFF 7-10-72, FIELD RULES ADOPTED.

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
CondensateDisposition11,805 bbl$535,045
GasProduction1,232,312 Mcf$2,530,918
Total$3,065,963

596,541 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 (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 32.7654, -98.7427. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.76540, -98.74267 · 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
5,890 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 5,890 ft.

Completions filed
Aug 1985
1 of 1 wells

1 well

42-4298146615,890 ftAug 1985

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 20260523106.413.05$1,593
Apr 2026030298.932.87$867
Mar 2026083589.753.15$2,630
Feb 20262001,16963.503.75$17,084
Jan 2026099059.138.00$7,918
Dec 2025092856.664.41$4,096
Nov 202517566958.593.93$12,880
Oct 202501,01259.383.30$3,345
Sep 202518898662.743.08$14,829
Aug 202501,08963.933.01$3,283
Jul 2025094166.743.32$3,120
Jun 202501,13266.483.13$3,542
May 202501,26860.553.23$4,099
Apr 202501,18562.363.54$4,199
Mar 20251881,27867.704.27$18,183
Feb 2025087470.884.34$3,794
Jan 202519265274.324.28$17,059
Dec 2024099468.993.12$3,103
Nov 202401,16769.052.20$2,566
Oct 202401,16771.372.28$2,662
Sep 20241861,09469.612.36$15,534
Aug 2024094775.632.06$1,954
Jul 202401,00879.932.15$2,164
Jun 20241831,05078.082.63$17,054
May 2024094678.812.20$2,080
Apr 202401,03284.451.66$1,712
Mar 2024095880.301.55$1,480
Feb 202418899576.091.78$16,080
Jan 2024078373.023.30$2,582
Dec 20231881,02771.262.61$16,078
Nov 2023094477.892.81$2,650
Oct 2023065485.443.09$2,019
Sep 2023095789.042.74$2,617
Aug 2023090580.522.67$2,419
Jul 202301,07174.852.64$2,829
Jun 202301,03768.962.26$2,342
May 20231541,11970.622.23$13,368
Apr 2023096378.122.24$2,155
Mar 202318395572.852.39$15,617
Feb 2023073875.112.47$1,820
Jan 202318881376.533.39$17,142
Dec 2022057876.415.73$3,311
Nov 202214788285.005.65$17,475
Oct 202201,00587.185.86$5,893
Sep 202218690384.888.16$23,159
Aug 2022092094.529.13$8,397
Jul 2022183952101.587.54$25,769
Jun 202201,014115.097.98$8,089
May 202201,008109.378.43$8,501
Apr 20221901,087104.226.84$27,234
Mar 202201,009108.885.08$5,122
Feb 2022080091.054.86$3,887
Jan 2022081681.844.54$3,703
Dec 202101,01871.323.90$3,969
Nov 202118695677.435.24$19,408
Oct 202101,06179.795.71$6,062
Sep 202101,20269.865.35$6,432
Aug 202101,27766.024.22$5,390
Jul 202101,19770.783.98$4,767
Jun 20211811,16769.493.38$16,523
May 202101,19263.483.02$3,597
Apr 20211871,04960.362.76$14,181
Mar 202101,09661.302.72$2,978
Feb 2021067057.805.55$3,717
Jan 202118576950.412.81$11,487
Dec 202001,10444.642.68$2,954
Nov 2020099238.772.71$2,685
Oct 2020079736.972.48$1,975
Sep 2020069437.091.99$1,382
Aug 20201891,30939.982.39$10,678
Jul 202001,16838.371.83$2,132
Jun 2020068434.901.69$1,156
May 2020043816.921.81$795
Apr 2020048014.751.80$866
Mar 202018462130.341.86$6,735
Feb 2020073949.881.98$1,464
Jan 2020085957.252.09$1,799
Dec 20191661,01959.012.30$12,144
Nov 2019099355.302.75$2,731
Oct 2019076053.472.42$1,838
Sep 201901,10855.052.66$2,944
Aug 2019098353.112.30$2,265
Jul 201901,11356.272.46$2,738
Jun 201901,24552.782.49$3,102
May 20191821,25658.482.74$14,085
Apr 2019099162.632.75$2,726
Mar 2019092756.803.06$2,839
Feb 201919177950.852.79$11,887
Jan 2019080446.033.23$2,595
Dec 2018044346.594.19$1,854
Nov 201817568952.934.24$12,182
Oct 2018063461.443.40$2,154
Sep 2018052459.543.11$1,629
Aug 2018076559.403.07$2,346
Jul 2018861,02665.142.93$8,610
Jun 201801,15260.183.08$3,545
May 201801,23265.382.90$3,574
Apr 201801,42963.842.90$4,145
Mar 20181451,13861.222.79$12,048
Feb 2018069661.782.77$1,925
Jan 2018078362.874.01$3,139
Dec 2017047257.272.92$1,379
Nov 2017060755.423.12$1,893
Oct 2017066249.292.98$1,975
Sep 2017069247.523.09$2,136
Aug 2017071445.373.00$2,145
Jul 2017063243.873.09$1,951
Jun 2017060642.493.09$1,871
May 2017059045.373.26$1,925
Apr 2017047247.933.21$1,516
Mar 2017047246.772.98$1,408
Feb 2017038250.452.95$1,128
Jan 2017056249.413.42$1,921
Dec 2016047448.763.72$1,765
Nov 2016042342.492.64$1,119
Oct 2016073446.193.09$2,268
Sep 2016075941.553.10$2,353
Aug 2016060841.442.92$1,778
Jul 2016029041.622.92$848
Jun 2016050445.352.69$1,354
May 2016053342.521.99$1,061
Apr 2016051236.561.99$1,019
Mar 2016040333.011.79$723
Feb 20160026.472.06$0
Jan 20160227.352.36$5
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015041843.552.43$1,014
Sep 2015047642.992.76$1,313
Aug 201511958640.162.87$6,462
Jul 2015053848.152.95$1,584
Jun 2015053856.152.88$1,551
May 2015057055.212.96$1,685
Apr 2015070749.822.71$1,914
Mar 2015073842.892.93$2,166
Feb 2015062044.662.98$1,845
Jan 2015064043.433.10$1,984
Dec 2014068054.693.59$2,442
Nov 2014067770.464.25$2,879
Oct 2014077178.303.90$3,008
Sep 2014031686.164.05$1,278
Aug 2014031489.394.04$1,267
Jul 2014043296.564.18$1,806
Jun 2014045198.164.74$2,136
May 2014043094.734.73$2,032
Apr 2014048695.944.81$2,337
Mar 2014045095.895.06$2,276
Feb 2014041297.406.19$2,551
Jan 20149246290.404.86$10,562
Dec 2013057291.824.35$2,491
Nov 2013060988.853.74$2,277
Oct 2013064397.423.78$2,430
Sep 20130778104.113.72$2,892
Aug 20130784104.253.52$2,762
Jul 20130838102.523.72$3,115
Jun 2013068194.403.93$2,679
May 2013092194.834.15$3,821
Apr 201310987593.964.28$13,989
Mar 2013079293.623.91$3,099
Feb 2013062091.233.42$2,120
Jan 2013083691.603.42$2,859
Dec 201201,06886.773.42$3,653
Nov 2012094786.953.62$3,433
Oct 2012045889.383.40$1,557
Sep 201210454094.672.92$11,422
Aug 2012061992.662.91$1,800
Jul 2012032385.133.02$976
Jun 2012053679.822.52$1,350
May 2012053691.612.49$1,334
Apr 20120518101.652.00$1,034
Mar 20120502105.052.22$1,115
Feb 20120667101.102.57$1,714
Jan 20129987198.092.73$12,092
Dec 2011078196.873.24$2,530
Nov 2011080095.723.31$2,649
Oct 2011086384.983.65$3,149
Sep 2011072883.623.99$2,902
Aug 2011059783.404.15$2,477
Jul 2011098094.144.52$4,427
Jun 2011099692.904.64$4,621
May 2011088298.134.40$3,885
Apr 20110970105.964.33$4,203
Mar 201112295196.364.06$15,614
Feb 2011070485.644.18$2,943
Jan 2011086686.504.59$3,974
Dec 201001,03585.734.35$4,500
Nov 201001,04480.843.80$3,962
Oct 2010097278.103.51$3,411
Sep 2010091372.633.98$3,633
Aug 2010073473.684.42$3,244
Jul 201010444572.554.74$9,653
Jun 2010037370.364.91$1,832
May 201001,11271.124.24$4,710
Apr 201001,10081.694.12$4,535
Mar 201001,08278.394.39$4,749
Feb 201011698073.585.44$13,869
Jan 201001,28474.365.96$7,658
Dec 200901,28271.445.48$7,030
Nov 200901,29474.593.75$4,854
Oct 2009721,33972.544.11$10,727
Sep 200901,35965.543.06$4,165
Aug 200901,47367.423.22$4,741
Jul 200901,54761.133.46$5,360
Jun 200901,49366.163.90$5,815
May 200901,62954.743.93$6,395
Apr 200901,40846.773.59$5,051
Mar 20091831,44042.144.06$13,557
Feb 200901,33932.814.63$6,204
Jan 200901,08335.865.37$5,817
Dec 2008068737.105.98$4,106
Nov 200801,42155.496.86$9,749
Oct 200801,73675.246.92$12,017
Sep 20080685101.767.88$5,396
Aug 200801,117114.228.48$9,476
Jul 20080888131.0811.39$10,114
Jun 20080775131.3313.03$10,100
May 20080888123.1711.57$10,278
Apr 20080809110.3110.45$8,458
Mar 20080859101.909.66$8,301
Feb 2008050792.538.77$4,447
Jan 2008050490.388.21$4,136
Dec 2007075488.337.30$5,506
Nov 2007093091.677.29$6,781
Oct 200701,10882.856.92$7,670
Sep 2007091575.846.24$5,713
Aug 200701,16169.066.39$7,416
Jul 200701,07570.906.39$6,867
Jun 200701,21062.007.55$9,134
May 200701,48858.747.85$11,675
Apr 200701,46059.617.81$11,396
Mar 200701,61256.927.30$11,771
Feb 200701,41955.108.22$11,659
Jan 20071891,60050.306.73$20,270
Dec 200601,24056.656.92$8,579
Nov 200601,57454.207.62$11,990
Oct 200601,49554.906.01$8,991
Sep 200601,38760.085.04$6,987
Aug 200601,72168.717.34$12,632
Jul 200601,63469.376.34$10,364
Jun 200601,57366.286.38$10,042
May 200601,66166.016.42$10,672
Apr 200601,57664.397.36$11,600
Mar 200601,63356.707.08$11,566
Feb 200601,56957.597.75$12,162
Jan 200601,79960.598.93$16,071
Dec 200501,73654.9413.42$23,289
Nov 200501,21354.6910.59$12,844
Oct 200501,85858.3413.80$25,633
Sep 200501,53061.4512.08$18,481
Aug 200501,95861.519.80$19,182
Jul 200501,85655.697.84$14,558
Jun 200501,73652.337.38$12,813
May 20051681,89145.226.65$20,174
Apr 200501,89549.207.36$13,948
Mar 200501,97650.377.15$14,138
Feb 200501,94445.226.31$12,270
Jan 200502,16943.166.32$13,713
Dec 200402,21539.866.75$14,954
Nov 200402,04645.286.33$12,952
Oct 200401,84649.706.52$12,027
Sep 200402,29343.245.28$12,116
Aug 200402,29342.375.55$12,728
Jul 200402,10938.286.08$12,832
Jun 200401,94636.106.43$12,519
May 20041582,03137.486.49$19,112
Apr 200402,13734.475.86$12,520
Mar 200402,16934.365.53$11,995
Feb 200401,56532.455.51$8,623
Jan 200402,08032.036.30$13,103
Dec 200302,03430.266.30$12,818
Nov 200302,03628.804.60$9,356
Oct 20031932,07528.174.76$15,313
Sep 200302,09926.314.75$9,969
Aug 200302,33229.765.13$11,963
Jul 200302,45729.415.17$12,705
Jun 200302,23428.565.98$13,366
May 200302,45926.595.97$14,687
Apr 200302,32326.675.41$12,561
Mar 200302,46231.146.10$15,008
Feb 200302,06833.487.93$16,391
Jan 200302,40730.315.58$13,436
Dec 200202,43126.914.85$11,799
Nov 200202,41324.664.14$9,982
Oct 200202,34126.464.23$9,900
Sep 200202,53227.443.64$9,204
Aug 200202,35325.963.16$7,445
Jul 200202,40124.583.06$7,351
Jun 200202,47823.733.34$8,272
May 200202,68624.663.58$9,627
Apr 200202,26123.653.51$7,941
Mar 2002412,12522.003.10$7,495
Feb 200201,45618.222.38$3,459
Jan 200201,09217.172.38$2,594
Dec 2001047816.932.36$1,130
Nov 200102,09218.072.41$5,032
Oct 200105,07619.782.53$12,837
Sep 200105,94124.262.25$13,375
Aug 200105,56624.873.05$16,994
Jul 200106,74223.933.20$21,555
Jun 200106,69824.563.82$25,614
May 20011516,46225.524.31$31,687
Apr 200106,35724.685.34$33,917
Mar 200106,42224.545.38$34,528
Feb 200105,81327.755.77$33,524
Jan 200104,33927.478.40$36,442
Dec 20001854,37226.889.12$44,856
Nov 200005,91032.215.66$33,439
Oct 200005,08131.235.15$26,144
Sep 200005,49131.875.19$28,479
Aug 200006,29829.644.54$28,598
Jul 200006,24328.534.09$25,532
Jun 200005,61129.304.40$24,673
May 200005,60827.263.68$20,636
Apr 200004,12524.513.12$12,854
Mar 20001844,42328.422.86$17,878
Feb 200003,37327.622.73$9,196
Jan 200002,82425.272.48$7,005
Dec 199902,97424.282.42$7,208
Nov 199902,81223.192.43$6,844
Oct 199901,56020.982.80$4,374
Sep 199903,92121.752.62$10,269
Aug 199904,26319.262.88$12,259
Jul 199903,84917.892.37$9,131
Jun 199903,52615.942.36$8,329
May 199902,95015.792.32$6,847
Apr 19991933,80615.102.21$11,318
Mar 199906,58412.471.84$12,104
Feb 199906,2199.981.82$11,305
Jan 199907,30310.381.90$13,875
Dec 199807,4649.201.77$13,236
Nov 199807,33510.892.19$16,032
Oct 199807,59212.421.97$14,950
Sep 199806,43512.592.08$13,402
Aug 199807,18811.301.91$13,710
Jul 199807,30411.742.24$16,341
Jun 19981955,82411.242.24$15,222
May 199806,75412.622.21$14,902
Apr 199807,37913.042.51$18,487
Mar 199807,33912.802.31$16,949
Feb 199805,92713.952.30$13,627
Jan 199803,86214.702.15$8,322
Dec 199704,85216.322.41$11,699
Nov 199705,34418.193.09$16,504
Oct 199705,79319.253.15$18,247
Sep 199704,88417.742.95$14,432
Aug 199707,25517.862.55$18,535
Jul 199706,75317.582.25$15,174
Jun 199706,07217.242.26$13,706
May 199704,75118.972.31$10,968
Apr 199705,06017.882.08$10,539
Mar 199705,15718.951.94$10,000
Feb 199705,25920.492.21$11,601
Jan 199705,17123.483.54$18,304
Dec 199604,36823.32$0
Nov 199601,11021.97$0
Oct 1996011,77223.31$0
Sep 199619610,35622.22$4,355
Aug 1996012,40020.26$0
Jul 1996012,15819.55$0
Jun 199619411,60318.73$3,634
May 1996011,86819.43$0
Apr 1996010,71321.51$0
Mar 19961927,12119.38$3,721
Feb 1996011,02116.98$0
Jan 1996012,08917.07$0
Dec 199520012,15717.19$3,438
Nov 1995012,15016.00$0
Oct 199519513,28115.43$3,009
Sep 1995012,84016.18$0
Aug 1995012,54715.92$0
Jul 199519412,76515.24$2,957
Jun 199537512,42416.41$6,154
May 1995012,23517.56$0
Apr 1995012,99117.73$0
Mar 1995012,26416.44$0
Feb 199519211,70716.58$3,183
Jan 1995012,65215.92$0
Dec 199419512,77115.03$2,931
Nov 199419413,50715.90$3,085
Oct 1994013,64915.58$0
Sep 199419413,16815.29$2,966
Aug 1994014,15216.13$0
Jul 1994014,72817.56$0
Jun 199418513,72017.09$3,162
May 1994014,03815.88$0
Apr 199419514,51914.14$2,757
Mar 1994013,05212.46$0
Feb 199419912,42912.50$2,488
Jan 1994012,48512.66$0
Dec 199319313,47012.33$2,380
Nov 1993013,07514.49$0
Oct 199319213,76115.85$3,043
Sep 199319114,03015.03$2,871
Aug 1993014,97315.66$0
Jul 1993014,75715.46$0
Jun 199319012,79616.79$3,190
May 1993014,54717.68$0
Apr 1993013,51718.05$0
Mar 199319214,31618.14$3,483
Feb 199319414,16417.90$3,473
Jan 1993014,32516.93$0

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                  523 Mcf  × $  3.05 =     $1,593

────────────────────────────────────────────────────
Month total                                   $1,593

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. 7B/G/118030 is the state's own key, not one this site invented.