TERRELL
TERRELL is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Samson Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from July 1994 to August 2026, totalling 53,805 barrels. 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 $370K, with roughly $71K 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 98 barrels a month. Its strongest month on the record we hold was September 2023, at 207 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 TERRELL
- Who operates TERRELL?
- TERRELL is operated by Samson Resources Company, Railroad Commission of Texas operator number 745020.
- Where is TERRELL?
- TERRELL is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 06988.
- Is TERRELL still producing?
- TERRELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TERRELL is August 2026.
- How much has TERRELL produced?
- TERRELL has reported 53,805 barrels of oil (bbl) to the Railroad Commission of Texas between July 1994 and August 2026, from 1 wellbore.
- How much is TERRELL worth?
- The remaining production from TERRELL is estimated to be worth about $370K in total as of 26 August 2026, within a range of $203K to $536K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TERRELL is a fraction of it. The estimate fits an Arps decline curve to the production TERRELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TERRELL is an estimate of value, not an offer and not an appraisal.
- How much income does TERRELL generate in a year?
- TERRELL is forecast to net about $71K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TERRELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samson Resources Company |
|---|---|
| Field | Kiowa Creek (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 06988 |
| Wellbores | 1 |
| Reported production | 53,805 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $370K |
Where TERRELL 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.