MM TERRY RANCH LTD
MM TERRY RANCH LTD is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Itx Corporation. It has 1 wellbore on file with the Commission. Reported production runs from December 2002 to August 2026, totalling 187,210 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 $12K, with roughly $1K 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 42 thousand cubic feet a month. Its strongest month on the record we hold was November 2019, at 767 thousand cubic feet. 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 MM TERRY RANCH LTD
- Who operates MM TERRY RANCH LTD?
- MM TERRY RANCH LTD is operated by Itx Corporation, Railroad Commission of Texas operator number 427179.
- 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 194333.
- 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 187,210 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2002 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 $12K in total as of 26 August 2026, within a range of $6K to $17K. 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 $1K 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 | Itx Corporation |
|---|---|
| Field | Veale (Marble Falls) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 194333 |
| Wellbores | 1 |
| Reported production | 187,210 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
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.