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Texas oil lease

No report in 6+ months

TERRY, I.W.

Terry, I.w. is an oil lease in Sterling County, Texas, operated by Independence Resources Mgmt, LLC in the Phantom (Wolfcamp) field.

2 wells

162bbl oil, since Jan 2020
Operator
Independence Resources Mgmt, LLC
County
Sterling County
Field
Phantom (Wolfcamp)
RRC lease
08-42696

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Where it sits

This county

Sterling CountySterlingTom GreenMitchellNolanGlasscockHowardCokeSterling County
Sterling County
Gas, since Jan 2020
894 mcf
Oil in Jul 2020
0 bbl

Checks stopped on this lease?

  • P-5

    The current operator's P-5 registration is listed as inactive since Sep 16, 2021 (last P-5 filed Jul 31, 2020).

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

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

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Production by month

Oil output fell 100% since Jan 2020

  • Oil (bars)
  • Gas (line)
Oil output fell 100% since Jan 2020Monthly oil production and gas for TERRY, I.W., Jan 2020 to Jul 2020. Oil output fell 100% since Jan 2020. Monthly average of 0 bbl in the latest 3 months, against 54 bbl in the first 3.bbl per monthmcf per month0020100402006030080400Oct 19Jan 20AprJul
Oil output fell 100% since Jan 2020Monthly oil production and gas for TERRY, I.W., Jan 2020 to Jul 2020. Oil output fell 100% since Jan 2020. Monthly average of 0 bbl in the latest 3 months, against 54 bbl in the first 3.bbl per monthmcf per month0020100402006030080400Jan 20Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the 3 months reported

All of the gas went to a transmission line in the 3 months reportedShare of TERRY, I.W. gas by disposition code each month, Jan 2020 to Jul 2020. All of the gas went to a transmission line in the 3 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 19Jan 20AprJul
All of the gas went to a transmission line in the 3 months reportedShare of TERRY, I.W. gas by disposition code each month, Jan 2020 to Jul 2020. All of the gas went to a transmission line in the 3 months reported.Share of gas by disposition code0%50%100%Jan 20Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on TERRY, I.W.
API numberWell no.Status
42-431-307742Active
42-431-3140217Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Nov 1, 2018
Targa Midstream Services LLCCasinghead gasBuys100Mar 1, 2012
Targa Midstream Services LLCCasinghead gasGathers100Mar 1, 2012

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

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1,395.80 acres on the newest permit

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Permits for Terry, I.w.
API numberWell no.Acreson the permit
42-431-3077421,395.80
42-431-31402171,395.80

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

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7 months, newest first

Ledger for TERRY, I.W.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202000000$40.71$1.76
Jun 202000000$38.31$1.63
May 202000000$28.56$1.75
Apr 202000000$16.55$1.74
Mar 202025732932930$29.21$1.79
Feb 202064632792790$50.54$1.91
Jan 202073623223220$57.52$2.02

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

OperatorIndependence Resources Mgmt, LLCFieldPhantom (Wolfcamp)CountySterling County

Independence Resources Mgmt, LLC in Sterling County

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

Phantom (Wolfcamp) field

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