CORRY
CORRY is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 623,918 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 $152K, with roughly $23K 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 1,050 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 1,440 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CORRY
- Who operates CORRY?
- CORRY is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is CORRY?
- CORRY is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 027516.
- Is CORRY still producing?
- CORRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORRY is August 2026.
- How much has CORRY produced?
- CORRY has reported 623,918 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CORRY worth?
- The remaining production from CORRY is estimated to be worth about $152K in total as of 27 August 2026, within a range of $126K to $177K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORRY is a fraction of it. The estimate fits an Arps decline curve to the production CORRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORRY is an estimate of value, not an offer and not an appraisal.
- How much income does CORRY generate in a year?
- CORRY is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CORRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 027516 |
| Wellbores | 1 |
| Reported production | 623,918 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $152K |
Where CORRY 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.