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Texas oil lease

Producing

TERRY "118"

Terry "118" is an oil lease in Coke County, Texas, operated by Bustamante Resources LLC in the Jameson (Strawn) field.

2 wells

158bbl oil, last 12 months+22% vs prior year
RRC lease
7C-07587

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Where it sits

This county

Coke CountyCokeTaylorMitchellRunnelsNolanSterlingCoke County
Coke County
Gas, last 12 months
1,088 mcf
Oil in Jul 2026
12 bbl

Production by month

Oil output rose 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for TERRY "118", Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 158 bbl in the 12 months through Jul 2026, against 129 bbl in the 12 months before.Last 12 months: 158 bblbbl per monthmcf per month00102502050030750401,000501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for TERRY "118", Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 158 bbl in the 12 months through Jul 2026, against 129 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00102502050030750401,000501,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the 5 months reported

All of the gas went to a transmission line in the 5 months reportedShare of TERRY "118" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 5 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the 5 months reportedShare of TERRY "118" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 5 months reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 3 times, most recently in Sep 2024

Operators of this lease over timeBustamante Oil Company, Jan 2020 to Dec 2021; Grace Petroleum Operating, LLC, Jan 2022 to Mar 2022; Energy Onramp LLC, Apr 2022 to Aug 2024; Bustamante Resources LLC, Sep 2024 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Apr 2022Changed Sep 2024Bustamante Oil CompanyJan 2020 to Dec 2021Grace Petroleum Operating, LLCJan 2022 to Mar 2022Energy Onramp LLCApr 2022 to Aug 2024Bustamante Resources LLCSep 2024 to now
Operators of this lease over timeBustamante Oil Company, Jan 2020 to Dec 2021; Grace Petroleum Operating, LLC, Jan 2022 to Mar 2022; Energy Onramp LLC, Apr 2022 to Aug 2024; Bustamante Resources LLC, Sep 2024 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Apr 2022Changed Sep 2024Bustamante Oil CompanyJan 2020 to Dec 2021Grace Petroleum Operating, LLCJan 2022 to Mar 2022Energy Onramp LLCApr 2022 to Aug 2024Bustamante Resources LLCSep 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on TERRY "118"
API numberWell no.Status
42-081-306932Active
42-081-306963Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Feb 18, 2019–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Sep 24, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Sep 24, 2024Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Apr 1, 2022Sep 24, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Apr 1, 2022Sep 24, 2024
Plains Marketing, L.p.Casinghead gasGathers100Jun 12, 2017Feb 18, 2019
Plains Marketing, L.p.Casinghead gasBuys100Jun 12, 2017Feb 18, 2019
Plains Marketing, L.p.OilGathers100Aug 26, 2004Feb 18, 2019

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

640 acres on the newest permit

Permits for Terry "118"
API numberWell no.Acreson the permit
42-081-306963640
42-081-306932640
42-431-306781640

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for TERRY "118"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Bustamante Resources120000$80.46$2.89
Jun 2026Bustamante Resources150000$84.81$3.15
May 2026Bustamante Resources9019190$102.13$2.94
Apr 2026Bustamante Resources1001,0381,0380$100.32$2.77
Mar 2026Bustamante Resources100000$91.38$3.04
Feb 2026Bustamante Resources11031310$64.51$3.62
Jan 2026Bustamante Resources130000$60.04$7.72
Dec 2025Bustamante Resources120000$57.97$4.26
Nov 2025Bustamante Resources120000$60.06$3.79
Oct 2025Bustamante Resources130000$60.89$3.19
Sep 2025Bustamante Resources210000$63.96$2.97
Aug 2025Bustamante Resources200000$64.86$2.91
Jul 2025Bustamante Resources180000$68.39$3.20
Jun 2025Bustamante Resources140000$68.17$3.02
May 2025Bustamante Resources100000$62.17$3.12
Apr 2025Bustamante Resources110000$63.54$3.42
Mar 2025Bustamante Resources190000$68.24$4.12
Feb 2025Bustamante Resources180000$71.53$4.19
Jan 2025Bustamante Resources120000$75.74$4.13
Dec 2024Bustamante Resources100000$70.12$3.01
Nov 2024Bustamante Resources90000$69.95$2.12
Oct 2024Bustamante Resources80000$71.99$2.20
Sep 2024Bustamante Resources047000$70.24$2.28
Aug 2024Energy Onramp00000$76.68$1.99
Jul 2024Energy Onramp00000$81.80$2.07
Jun 2024Energy Onramp00000$79.77$2.54
May 2024Energy Onramp005885880$80.02$2.12
Apr 2024Energy Onramp005605600$85.35$1.60
Mar 2024Energy Onramp055000$81.28$1.49
Feb 2024Energy Onramp20000$77.25$1.72
Jan 2024Energy Onramp20000$74.15$3.18
Dec 2023Energy Onramp30000$71.90$2.52
Nov 2023Energy Onramp00000$77.69$2.71
Oct 2023Energy Onramp00000$85.64$2.98
Sep 2023Energy Onramp130000$89.43$2.64
Aug 2023Energy Onramp320000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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