TERRY 7
TERRY 7 is a Texas gas lease in Sterling County, Railroad Commission district 08, operated by Range Production Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2002 to August 2026, totalling 111,566 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 $20K, with roughly $3K 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 102 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 359 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 TERRY 7
- Who operates TERRY 7?
- TERRY 7 is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
- Where is TERRY 7?
- TERRY 7 is a Texas gas lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 194203.
- Is TERRY 7 still producing?
- TERRY 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TERRY 7 is August 2026.
- How much has TERRY 7 produced?
- TERRY 7 has reported 111,566 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2002 and August 2026, from 1 wellbore.
- How much is TERRY 7 worth?
- The remaining production from TERRY 7 is estimated to be worth about $20K in total as of 26 August 2026, within a range of $15K to $24K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TERRY 7 is a fraction of it. The estimate fits an Arps decline curve to the production TERRY 7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TERRY 7 is an estimate of value, not an offer and not an appraisal.
- How much income does TERRY 7 generate in a year?
- TERRY 7 is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TERRY 7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Range Production Company |
|---|---|
| Field | Conger (Penn) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 194203 |
| Wellbores | 1 |
| Reported production | 111,566 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where TERRY 7 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.