TERRELL -B-
TERRELL -B- is a Texas oil lease in Victoria County, Railroad Commission district 02, operated by Midpar L.P. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 481,425 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 $3.4M, with roughly $779K 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 1,102 barrels a month, about 157 per wellbore. Its strongest month on the record we hold was December 2017, at 2,162 barrels. 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 TERRELL -B-
- Who operates TERRELL -B-?
- TERRELL -B- is operated by Midpar L.P., Railroad Commission of Texas operator number 565905.
- Where is TERRELL -B-?
- TERRELL -B- is a Texas oil lease in Victoria County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 04510.
- Is TERRELL -B- still producing?
- TERRELL -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TERRELL -B- is August 2026.
- How much has TERRELL -B- produced?
- TERRELL -B- has reported 481,425 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is TERRELL -B- worth?
- The remaining production from TERRELL -B- is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.9M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TERRELL -B- is a fraction of it. The estimate fits an Arps decline curve to the production TERRELL -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TERRELL -B- is an estimate of value, not an offer and not an appraisal.
- How much income does TERRELL -B- generate in a year?
- TERRELL -B- is forecast to net about $779K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TERRELL -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midpar L.P. |
|---|---|
| Field | Coletto Creek (2800) |
| County | Victoria County, Texas |
| RRC district | 02 |
| Lease number | 04510 |
| Wellbores | 7 |
| Reported production | 481,425 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where TERRELL -B- 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.