MM TERRY RANCH, LTD.
MM TERRY RANCH, LTD. is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,232,312 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 the whole lease — a 100% undivided interest — at about $276K, with roughly $59K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 943 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 1,429 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MM TERRY RANCH, LTD.
- Who operates MM TERRY RANCH, LTD.?
- MM TERRY RANCH, LTD. is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is MM TERRY RANCH, LTD.?
- MM TERRY RANCH, LTD. is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 118030.
- Is MM TERRY RANCH, LTD. still producing?
- MM TERRY RANCH, LTD. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MM TERRY RANCH, LTD. is August 2026.
- How much has MM TERRY RANCH, LTD. produced?
- MM TERRY RANCH, LTD. has reported 1,232,312 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MM TERRY RANCH, LTD. worth?
- The remaining production from MM TERRY RANCH, LTD. is estimated to be worth about $276K in total as of 26 August 2026, within a range of $215K to $336K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MM TERRY RANCH, LTD. is a fraction of it. The estimate fits an Arps decline curve to the production MM TERRY RANCH, LTD. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MM TERRY RANCH, LTD. is an estimate of value, not an offer and not an appraisal.
- How much income does MM TERRY RANCH, LTD. generate in a year?
- MM TERRY RANCH, LTD. is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MM TERRY RANCH, LTD. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Veale (Marble Falls) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 118030 |
| Wellbores | 1 |
| Reported production | 1,232,312 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $276K |
Where MM TERRY RANCH, LTD. sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.