TERRY
TERRY is a Texas oil lease in Young County, Railroad Commission district 09, operated by Craig, Bob. It has 1 wellbore on file with the Commission. Reported production runs from July 2003 to August 2026, totalling 1,786 barrels. The lease is intermittent. 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 $10K, with roughly $2K 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 2 barrels a month. Its strongest month on the record we hold was August 2018, at 46 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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
- Who operates TERRY?
- TERRY is operated by Craig, Bob, Railroad Commission of Texas operator number 186450.
- Where is TERRY?
- TERRY is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30202.
- Is TERRY still producing?
- TERRY is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TERRY is August 2026.
- How much has TERRY produced?
- TERRY has reported 1,786 barrels of oil (bbl) to the Railroad Commission of Texas between July 2003 and August 2026, from 1 wellbore.
- How much is TERRY worth?
- The remaining production from TERRY is estimated to be worth about $10K in total as of 26 August 2026, within a range of $0 to $20K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TERRY is a fraction of it. The estimate fits an Arps decline curve to the production TERRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TERRY is an estimate of value, not an offer and not an appraisal.
- How much income does TERRY generate in a year?
- TERRY is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TERRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Craig, Bob |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 30202 |
| Wellbores | 1 |
| Reported production | 1,786 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where TERRY 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.