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Texas oil lease

Producing

TERRY HEIRS

Terry Heirs is an oil lease in Grayson County, Texas, operated by Far West Development, LLC in the Sherman (Pennsylvanian Lower) field.

1 well

1,699bbl oil, last 12 months+31% vs prior year
Operator
Far West Development, LLC
County
Grayson County
Field
Sherman (Pennsylvanian Lower)
RRC lease
09-22328

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Where it sits

This county

Grayson CountyGraysonCookeFanninGrayson County
Grayson County
Oil in Jul 2026
139 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 31% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 31% over the last 12 monthsMonthly oil production for TERRY HEIRS, Aug 2023 to Jul 2026. Oil output rose 31% over the last 12 months. 1,699 bbl in the 12 months through Jul 2026, against 1,293 bbl in the 12 months before.Last 12 months: 1,699 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 31% over the last 12 monthsMonthly oil production for TERRY HEIRS, Aug 2023 to Jul 2026. Oil output rose 31% over the last 12 months. 1,699 bbl in the 12 months through Jul 2026, against 1,293 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 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.

1 well on this lease

Wells on TERRY HEIRS
API numberWell no.Status
42-181-308681Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Cp Energy, L.l.c.OilGathers100Dec 31, 2021–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Mar 1, 2020Dec 31, 2021
Gulfmark Energy, Inc.OilGathers100Oct 1, 2018Mar 1, 2020

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

Who buys my oilOil price check

111 acres on the newest permit

Check your decimal on this lease
Permits for Terry Heirs
API numberWell no.Acreson the permit
42-181-308681111

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for TERRY HEIRS
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026139186$80.46$2.89
Jun 2026173180$84.81$3.15
May 2026107192$102.13$2.94
Apr 20261700$100.32$2.77
Mar 2026108179$91.38$3.04
Feb 2026173183$64.51$3.62
Jan 2026134191$60.04$7.72
Dec 20251800$57.97$4.26
Nov 2025155185$60.06$3.79
Oct 2025120180$60.89$3.19
Sep 202595190$63.96$2.97
Aug 20251450$64.86$2.91
Jul 2025160161$68.39$3.20
Jun 2025133185$68.17$3.02
May 202593170$62.17$3.12
Apr 20251300$63.54$3.42
Mar 2025100190$68.24$4.12
Feb 2025830$71.53$4.19
Jan 202591173$75.74$4.13
Dec 20241070$70.12$3.01
Nov 202492185$69.95$2.12
Oct 2024880$71.99$2.20
Sep 2024102185$70.24$2.28
Aug 20241140$76.68$1.99
Jul 20242171$81.80$2.07
Jun 202400$79.77$2.54
May 202400$80.02$2.12
Apr 2024510$85.35$1.60
Mar 2024127180$81.28$1.49
Feb 2024340$77.25$1.72
Jan 2024155162$74.15$3.18
Dec 20231280$71.90$2.52
Nov 2023160175$77.69$2.71
Oct 2023136186$85.64$2.98
Sep 2023910$89.43$2.64
Aug 202373172$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorFar West Development, LLCFieldSherman (Pennsylvanian Lower)CountyGrayson County

Far West Development, LLC in Grayson County

No other producing leases from this operator in this county are in our data yet.

Sherman (Pennsylvanian Lower) field

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