TERRY "B" NO. 1 GAS UNIT
TERRY "B" NO. 1 GAS UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Marathon Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 784,206 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $6K, with roughly $918 expected over the next twelve months.
| Operator | Marathon Oil Company |
|---|---|
| Field | Reed, N. (Cotton Valley Lime) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 089511 |
| Wellbores | 1 |
| Reported production | 784,206 mcf |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $6K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.