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Texas oil lease

Producing

TERRY

Terry is an oil lease in Ector County, Texas, operated by Firebird Energy II LLC in the Novo (Mississippian) field.

1 well

77,007bbl oil, last 12 months−33% vs prior year
RRC lease
08-60726

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Gas, last 12 months
194,682 mcf
Oil in Jul 2026
7,932 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Firebird Energy II LLC took over from Ares Energy, Ltd. in Feb 2026.

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

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Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for TERRY, Oct 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 77,007 bbl in the 12 months through Jul 2026, against 114,361 bbl in the 12 months before.Last 12 months: 77,007 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for TERRY, Oct 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 77,007 bbl in the 12 months through Jul 2026, against 114,361 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

86% of the gas went to a transmission line in the last 12 months

Flaring peaked at 50.4% of the gas in Mar 2026.

  • Transmission line (2)
  • Flared (4)
86% of the gas went to a transmission line in the last 12 monthsShare of TERRY gas by disposition code each month, Oct 2023 to Jul 2026. 86% of the gas went to a transmission line in the last 12 months. Flaring peaked at 50.4% of the gas in Mar 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 50.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
86% of the gas went to a transmission line in the last 12 monthsShare of TERRY gas by disposition code each month, Oct 2023 to Jul 2026. 86% of the gas went to a transmission line in the last 12 months. Flaring peaked at 50.4% of the gas in Mar 2026.Share of gas by disposition code0%50%100%Flared 50.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    86% · 167,564 mcf

  • Flared (4)

    14% · 27,118 mcf

13.9% of the gas flared in the last 12 months. 5 months above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2026

Operators of this lease over timeAres Energy, Ltd., Oct 2023 to Jan 2026; Firebird Energy II LLC, Feb 2026 to Jul 2026202420252026Changed Feb 2026Ares Energy, Ltd.Oct 2023 to Jan 2026Firebird Energy II LLCFeb 2026 to now
Operators of this lease over timeAres Energy, Ltd., Oct 2023 to Jan 2026; Firebird Energy II LLC, Feb 2026 to Jul 2026202420252026Changed Feb 2026Ares Energy, Ltd.Oct 2023 to Jan 2026Firebird Energy II LLCFeb 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on TERRY
API numberWell no.Status
42-135-438521HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers100Oct 20, 2023
Dcp Operating Company, LPCasinghead gasBuys100Oct 20, 2023
Dcp Operating Company, LPCasinghead gasGathers100Oct 20, 2023

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

640 acres on the newest permit

Permits for Terry
API numberWell no.Acreson the permit
42-135-438521H640

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

Estimate your royalty

34 months, newest first

Ledger for TERRY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Firebird Energy7,9327,54522,06214,5977,465$80.46$2.89
Jun 2026Firebird Energy1,8132,1016,3756,3750$84.81$3.15
May 2026Firebird Energy5,9325,91623,62422,689935$102.13$2.94
Apr 2026Firebird Energy6,0976,07125,97521,0674,908$100.32$2.77
Mar 2026Firebird Energy6,5746,89721,04110,43110,610$91.38$3.04
Feb 2026Firebird Energy5,8635,80610,7557,5553,200$64.51$3.62
Jan 2026Ares Energy,6,5656,31112,72712,7270$60.04$7.72
Dec 2025Ares Energy,7,5077,45916,35116,3510$57.97$4.26
Nov 2025Ares Energy,7,1126,99916,41416,4140$60.06$3.79
Oct 2025Ares Energy,7,2347,26617,36917,3690$60.89$3.19
Sep 2025Ares Energy,7,1917,2729,1779,1770$63.96$2.97
Aug 2025Ares Energy,7,1877,39912,81212,8120$64.86$2.91
Jul 2025Ares Energy,7,3008,02317,46317,4630$68.39$3.20
Jun 2025Ares Energy,6,3947,78917,96917,9690$68.17$3.02
May 2025Ares Energy,8,2128,3606,0566,0560$62.17$3.12
Apr 2025Ares Energy,8,6898,38713,45413,4540$63.54$3.42
Mar 2025Ares Energy,9,1099,31416,67916,6790$68.24$4.12
Feb 2025Ares Energy,8,5468,0117,7537,7530$71.53$4.19
Jan 2025Ares Energy,9,83910,13421,03721,0370$75.74$4.13
Dec 2024Ares Energy,10,30610,2556,0906,0900$70.12$3.01
Nov 2024Ares Energy,10,55310,50218,63118,6310$69.95$2.12
Oct 2024Ares Energy,11,19511,46128,55328,5530$71.99$2.20
Sep 2024Ares Energy,11,60311,61716,10516,1050$70.24$2.28
Aug 2024Ares Energy,12,61512,44111,84911,8490$76.68$1.99
Jul 2024Ares Energy,13,49512,59724,67824,6780$81.80$2.07
Jun 2024Ares Energy,14,14214,29236,43636,4360$79.77$2.54
May 2024Ares Energy,15,95816,09334,42634,4260$80.02$2.12
Apr 2024Ares Energy,16,99617,16738,02438,0240$85.35$1.60
Mar 2024Ares Energy,19,71419,57029,08129,0810$81.28$1.49
Feb 2024Ares Energy,22,38421,60839,03339,0330$77.25$1.72
Jan 2024Ares Energy,21,84722,33330,56230,5620$74.15$3.18
Dec 2023Ares Energy,25,87125,84539,26439,2640$71.90$2.52
Nov 2023Ares Energy,27,75426,11838,83938,8390$77.69$2.71
Oct 2023Ares Energy,5,3905,2937,0567,0560$85.64$2.98

Flared above 3%

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

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Nearby

Firebird Energy II LLC in Ector County

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Novo (Mississippian) field

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