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Royalty Clerk

Texas oil lease

Producing

TERRELL

Terrell is an oil lease in Gaines County, Texas, operated by Crescent Energy Operating, LLC in the Amrow (Devonian) field.

2 wells

15,227bbl oil, last 12 months−1% vs prior year
Operator
Crescent Energy Operating, LLC
County
Gaines County
Field
Amrow (Devonian)
RRC lease
8A-00201

176 royalty accounts on the county roll

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Oil in Aug 2026
1,529 bbl
Reporting since
Jan 2020
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Checks stopped on this lease?

  • Operator

    Operator changed: Crescent Energy Operating, LLC took over from Contango Resources, LLC in Nov 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since May 1, 2026 (last P-5 filed Feb 20, 2025).

SourceRailroad Commission production, P-5 and P-4 records, data through Aug 2026.

See why checks stop on this lease

Wells on this lease and around it

Where the state's map puts this lease's 2 wells, and what has been drilled or permitted within about 2 miles of them.
Map of the Terrell lease in Gaines County, Texas: its 2 wells ringed, among 15 wells and 0 recent drilling locations in a picture about 7 miles across.
  • This lease2Its wells, ringed on the map: all producing
  • Drilling locations0Permits issued in the last two years
  • Producing wells6On a lease reporting production now
  • Not producing5Shut in, inactive or no lease on record
  • Plugged4The state's wellbore record says plugged

The 2 ringed dots are this lease's wells, each where the Railroad Commission's map puts it. The other dots are wells and drilling permits of the last 24 months on the land around it; the counts are for everything in the picture, which is about 7 miles across. The thin brown lines are the original land surveys; where there is room, a survey carries its abstract number, the number deeds and division orders cite. Sources: Railroad Commission of Texas well layers, drilling permit files and survey lines, base map from USGS The National Map.

See the whole Texas well map

A one-page map of this lease to print, for a lawyer, a buyer or a probate file.

Use this map on your site

You may show this map on any site, unchanged. Keep the credit line and its link to Royalty Clerk under the map. The picture updates by itself as the state records new wells and permits.

Download the picture (WebP)
<a href="https://royaltyclerk.com/texas/leases/terrell-8a-00201"><img src="https://royaltyclerk.com/maps/lease-wells/terrell-8a-00201.svg" alt="Map of the Terrell lease in Gaines County, Texas: its 2 wells ringed, among 15 wells and 0 recent drilling locations in a picture about 7 miles across." width="1000" height="951" loading="lazy" style="max-width:100%;height:auto;border:0"></a>
<p style="margin:4px 0 0;font-size:14px">Map: <a href="https://royaltyclerk.com/texas/leases/terrell-8a-00201">Wells on the Terrell lease, Gaines County, Texas</a> by Royalty Clerk, from Railroad Commission of Texas records</p>

Other Terrell leases in Gaines County

1 lease in Gaines County in the same field or with the same operator carries the Terrell name. Operators often name the leases on one family's land alike, with a letter or unit number after the name. Sharing a name proves no tie: your division order says which ones pay you.

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production for TERRELL, Sep 2023 to Aug 2026. Oil output held steady over the last 12 months. 15,227 bbl in the 12 months through Aug 2026, against 15,431 bbl in the 12 months before.Last 12 months: 15,227 bblbbl per month05001,0001,5002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production for TERRELL, Sep 2023 to Aug 2026. Oil output held steady over the last 12 months. 15,227 bbl in the 12 months through Aug 2026, against 15,431 bbl in the 12 months before.Last 12 monthsbbl per month05001,0001,5002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

From the state record

What owners ask about Terrell

When is the check for August 2026 due?
August 2026 is the newest month the state has posted for this lease. Texas law gives the payor until 60 days after the end of the sale month for oil and 90 for gas: the oil by Oct 30, 2026, unless the lease sets another time.
Source: Railroad Commission production reports; Texas Natural Resources Code §91.402.
See your next three checks
Which Texas production tax rate applies?
The Texas Comptroller lists low producing leases for this lease, from Feb 1, 2016. Its file does not give the rate, so we compare your stub with the full 4.6%. That is for August 2026.
Source: Texas Comptroller, approved severance tax exemptions.
Check the tax on your stub
Who buys the oil and gas?
Oil: Hollyfrontier Ref & Mktg LLC gathers it. The buyer's price is what a royalty check is figured on.
Source: Railroad Commission Form P-4, gatherers and purchasers.
See every buyer and past buyers
How many 1099s should an owner expect for 2025?
Two companies filed this lease's reports behind 2025 checks: Contango Resources, LLC and Crescent Energy Operating, LLC. An owner paid by more than one of them gets a form from each. The operator is not always the company that pays, so go by the names on the stubs.
Source: Railroad Commission production reports, operator of record by month.
Check your 1099 against it

Free tools, already on this lease

Ask a question about Terrell

33 years of state records, 1993–2026

TERRELL since 1993

We read every monthly report the Railroad Commission holds, back to January 1993, and this lease was already producing then. It filed 404 monthly reports through August 2026.

Sold since 1993

$37.9 million

What the whole lease’s oil and gas sold for at each month’s public prices, before tax and the operator’s deductions. A royalty owner’s share is their decimal of it.

A relative owned a share? See what it earned after they died
Oil sold
822,778 bbl
Gas sold
0 mcf
Best year
2022$2.1 million sold
Last report
Aug 2026First: Jan 1993

Its best year was 2022: $2.1 million of oil and gas sold

Each bar is what the lease’s oil and gas sold for that year, at that month’s prices. 2026 is only part of a year in the records, drawn lighter.

Its best year was 2022: $2.1 million of oil and gas soldTerrell: oil and gas sold each year from 1993 to 2026, at each month's prices. Its best year was 2022: $2.1 million of oil and gas sold.Sold each year, at each month’s prices$0$500k$1M$1.5M$2M$2.5MPeak 2022: $2.2M'93'95'00'05'10'15'20'26
Its best year was 2022: $2.1 million of oil and gas soldTerrell: oil and gas sold each year from 1993 to 2026, at each month's prices. Its best year was 2022: $2.1 million of oil and gas sold.Sold each year, at each month’s prices$0$500k$1M$1.5M$2M$2.5MPeak 2022: $2.2M'93'00'05'10'15'20'26

SourceTexas Railroad Commission Production Data Query, every monthly report since January 1993; EIA monthly WTI and Henry Hub prices (before 1997, EIA's yearly Texas natural gas wellhead price), through August 2026.

Every year as a table
Terrell: oil and gas sold each year
YearMonthsOil sold, bblGas sold, mcfSold for
2026 *810,4270$872,281
20251213,9670$909,423
20241218,3930$1,404,363
20231216,0390$1,227,549
20221222,8980$2,170,804
20211222,4920$1,530,504
20201218,7190$685,327
20191219,5180$1,110,869
20181224,1060$1,566,346
20171226,0360$1,323,854
20161225,8130$1,107,855
20151220,6990$1,003,875
20141215,7800$1,449,685
20131213,9570$1,358,481
20121216,8090$1,597,306
20111218,5010$1,753,982
20101212,2320$975,218
20091214,0730$852,247
20081218,6560$1,856,031
20071214,8500$1,118,502
20061221,7330$1,440,019
20051218,3090$1,007,383
20041226,8040$1,116,869
20031229,1000$900,647
20021231,9360$832,042
20011233,1200$856,539
20001240,1110$1,211,418
19991242,4810$810,462
19981250,8420$738,895
19971245,0150$924,473
19961227,1860$605,059
19951227,2420$502,386
19941231,1320$535,216
19931233,8020$625,161

* Part of the year: the records run through August 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed 4 times, most recently in Nov 2025

Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Nov 2021; Contango Resources, Inc., Dec 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Oct 2025; Crescent Energy Operating, LLC, Nov 2025 to Aug 20262020202120222023202420252026Changed Apr 2020Changed Dec 2021Changed Jan 2022Changed Nov 2025Sheridan Production Company,…Jan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Nov 2021Contango Resources, Inc.Dec 2021 to Dec 2021Contango Resources, LLCJan 2022 to Oct 2025Crescent Energy Operating, LLCNov 2025 to now
Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Nov 2021; Contango Resources, Inc., Dec 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Oct 2025; Crescent Energy Operating, LLC, Nov 2025 to Aug 20262020202120222023202420252026Changed Apr 2020Changed Dec 2021Changed Jan 2022Changed Nov 2025Sheridan Production Company, LLCJan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Nov 2021Contango Resources, Inc.Dec 2021 to Dec 2021Contango Resources, LLCJan 2022 to Oct 2025Crescent Energy Operating, LLCNov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

2 wells on this lease

Wells on TERRELL
API numberWellStatusCompleted
42-165-00093Terrell 1ActiveJul 11, 1954
42-165-00096Terrell 2ActiveJan 12, 1984

SourceTexas Railroad Commission production records and full wellbore file.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Hollyfrontier Ref & Mktg LLCOilGathers100Dec 31, 2015

SourceRailroad Commission Form P-4 file, Oct 24, 2026 (source).

Who buys my oilOil price check

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Terrell
API numberWell no.Acreson the permit
42-165-000931–
42-165-000962–

SourceRailroad Commission drilling permits, Oct 31, 2026 (source 1, source 2).

Unit decimal checker

What Crescent Energy Company told investors it received

Crescent Energy Operating, LLC is linked to Crescent Energy Company (CRGY).
Realized prices reported by Crescent Energy Company
QuarterOil$ per bblFiling
Q3 2026$84.52SEC filing
Q1 2026$71.00SEC filing
Q4 2025$62.21SEC filing
Q3 2025$63.07SEC filing
Q2 2025$61.47SEC filing
Q1 2025$67.64SEC filing

SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

On the Gaines County roll

Gaines County Appraisal District

2026 roll
Owners
182
Accounts
182
Appraised in all
$2.5M$2,527,947

Each square is one account

  • Royalty176
  • Overriding royalty5
  • Working interest1

SourceGaines County Appraisal District, 2026 mineral roll (source), read Oct 7, 2026. Accounts matched to this lease by RRC number or lease name; no owner is named.

Estimate your royalty

36 months, newest first

Ledger for TERRELL
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Aug 2026Crescent Energy1,5291,424$83.90$2.78
Jul 2026Crescent Energy1,3761,369$80.46$2.89
Jun 2026Crescent Energy9311,003$84.81$3.15
May 2026Crescent Energy1,3241,306$102.13$2.94
Apr 2026Crescent Energy1,3631,352$100.32$2.77
Mar 2026Crescent Energy1,3501,389$91.38$3.04
Feb 2026Crescent Energy1,3971,456$64.51$3.62
Jan 2026Crescent Energy1,0931,128$60.04$7.72
Dec 2025Crescent Energy1,4721,295$57.97$4.26
Nov 2025Crescent Energy557623$60.06$3.79
Oct 2025Contango Resources,1,4471,388$60.89$3.19
Sep 2025Contango Resources,1,3881,399$63.96$2.97
Aug 2025Contango Resources,1,6071,675$64.86$2.91
Jul 2025Contango Resources,859705$68.39$3.20
Jun 2025Contango Resources,8611,014$68.17$3.02
May 2025Contango Resources,1,6691,660$62.17$3.12
Apr 2025Contango Resources,1,3261,313$63.54$3.42
Mar 2025Contango Resources,940864$68.24$4.12
Feb 2025Contango Resources,461584$71.53$4.19
Jan 2025Contango Resources,1,6121,447$75.74$4.13
Dec 2024Contango Resources,1,7241,982$70.12$3.01
Nov 2024Contango Resources,1,8051,591$69.95$2.12
Oct 2024Contango Resources,1,8671,811$71.99$2.20
Sep 2024Contango Resources,700914$70.24$2.28
Aug 2024Contango Resources,1,8121,821$76.68$1.99
Jul 2024Contango Resources,1,4101,445$81.80$2.07
Jun 2024Contango Resources,1,3211,307$79.77$2.54
May 2024Contango Resources,1,6401,511$80.02$2.12
Apr 2024Contango Resources,1,2551,273$85.35$1.60
Mar 2024Contango Resources,1,6221,558$81.28$1.49
Feb 2024Contango Resources,1,7781,753$77.25$1.72
Jan 2024Contango Resources,1,4741,427$74.15$3.18
Dec 2023Contango Resources,1,5801,818$71.90$2.52
Nov 2023Contango Resources,1,3771,224$77.69$2.71
Oct 2023Contango Resources,290199$85.64$2.98
Sep 2023Contango Resources,1,2411,398$89.43$2.64

SourceTexas Railroad Commission Production Data Query, through Aug 2026. Prices: EIA, through Oct 2026. Updated Oct 30, 2026.

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Nearby

This lease belongs to

OperatorCrescent Energy Operating, LLCFieldAmrow (Devonian)CountyGaines County

Crescent Energy Operating, LLC in Gaines County

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Amrow (Devonian) field

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