PIERCE ESTATE

Operated by CYPRESS PRODUCTION, INC. (P-5 195806) in the SUGAR VALLEY (FRIO 9,000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 175341District 03Field 86960369CondensateGasSave
Value, all time
$16.2 M
Apr 1999 – Jun 2013
Value, last 12 filed months
$468
at the published price for each month
Months reported
171
no gaps in the span
Streams
2
condensate, gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition42,159 bbl$1,109,935
GasProduction3,440,884 Mcf$15,041,039
Total$16,150,974

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.1361, -95.8551. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.13605, -95.85515 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,340 ft
1 wells filed one
Completion to plug
8.6 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,340 ft.

Completions filed
Apr 1999
1 of 1 wells
Plug dates filed
Nov 2007
1 of 1 wells

Last completion to plug: a median of 8.6 years across the 1 well that filed both dates, with the middle half between 8.6 years and 8.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3213176829,340 ftApr 1999Nov 2007Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (171)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

171 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20135093.623.91$468
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 200503050.377.15$215
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004015443.245.28$814
Aug 200405442.375.55$300
Jul 2004020938.286.08$1,272
Jun 2004738236.106.43$2,710
May 20041340837.486.49$3,137
Apr 20042879734.475.86$5,634
Mar 20044811,21634.365.53$63,675
Feb 200414315,71332.455.51$91,213
Jan 20048818,47632.036.30$119,211
Dec 20039820,05330.266.30$129,332
Nov 200320022,95428.804.60$111,237
Oct 200322728,92028.174.76$144,043
Sep 200337541,24126.314.75$205,735
Aug 200325143,22629.765.13$229,207
Jul 200360259,77629.415.17$326,797
Jun 200346459,17228.565.98$367,276
May 200356165,17426.595.97$404,180
Apr 200344863,97426.675.41$357,873
Mar 200344067,03231.146.10$422,331
Feb 200347884,84833.487.93$688,499
Jan 200351463,87830.315.58$372,149
Dec 200238649,17826.914.85$249,085
Nov 200261453,51124.664.14$236,514
Oct 200261857,27326.464.23$258,567
Sep 200273956,00927.443.64$223,882
Aug 200260460,29625.963.16$206,466
Jul 200288062,83424.583.06$214,013
Jun 200243253,90923.733.34$190,213
May 200263861,17324.663.58$234,977
Apr 200272664,60423.653.51$244,080
Mar 200259460,93822.003.10$202,142
Feb 200247556,93918.222.38$143,923
Jan 200270365,62717.172.38$167,979
Dec 200174273,60016.932.36$186,582
Nov 200178369,82718.072.41$182,119
Oct 20011,01581,45519.782.53$226,067
Sep 200161451,85424.262.25$131,636
Aug 200167157,03024.873.05$190,809
Jul 200174859,10923.933.20$206,876
Jun 200164164,60824.563.82$262,814
May 200176870,51125.524.31$323,313
Apr 200197970,38324.685.34$399,678
Mar 20011,08781,78724.545.38$466,398
Feb 200194172,41627.755.77$443,742
Jan 20011,36688,09527.478.40$777,413
Dec 20001,21691,48326.889.12$867,240
Nov 20001,33289,26532.215.66$547,965
Oct 20001,56494,16331.235.15$533,359
Sep 20001,54094,18931.875.19$537,591
Aug 20001,48699,97429.644.54$498,002
Jul 20001,476100,32528.534.09$452,414
Jun 20001,49289,78829.304.40$438,536
May 20001,30981,93327.263.68$337,176
Apr 20001,27776,80724.513.12$270,630
Mar 20001,66766,55328.422.86$237,701
Feb 20001,26173,48227.622.73$235,177
Jan 200073961,15825.272.48$170,377
Dec 199992560,61324.282.42$169,368
Nov 19991,07966,03923.192.43$185,760
Oct 19991,04254,28620.982.80$174,063
Sep 1999030,17321.752.62$79,019
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Mar 2013 — as filed, then multipliedworked
Condensate             5 bbl  × $ 93.62 =       $468
Gas                    0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                     $468

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/175341 is the state's own key, not one this site invented.