PIERCE ESTATES B

Operated by REMORA MANAGEMENT, LLC (P-5 701560) in the MAGNET WITHERS (F-11) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245427District 03Field 56688180CondensateGasSaveExport
Value, all time
$1.6 M
Jan 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1963-05-11
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: ALLOC. EFF. 9-1-79 #3-72685

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
CondensateDisposition163 bbl$7,108
GasProduction419,508 Mcf$1,599,729
Total$1,606,838

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 29.1521, -96.1018. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.15209, -96.10181 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,524 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 7,524 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-481337921467,524 ftJan 2009

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 (209)

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

209 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017026049.413.42$889
Dec 2016064648.763.72$2,405
Nov 2016062642.492.64$1,655
Oct 2016056146.193.09$1,734
Sep 2016038941.553.10$1,206
Aug 201601241.442.92$35
Jul 2016084141.622.92$2,459
Jun 2016088245.352.69$2,369
May 201602,06842.521.99$4,117
Apr 201661,18236.561.99$2,573
Mar 2016641,77533.011.79$5,297
Feb 2016571,57326.472.06$4,755
Jan 201601,91027.352.36$4,516
Dec 201501,11132.362.00$2,224
Nov 2015069938.792.17$1,515
Oct 2015039543.552.43$959
Sep 2015079642.992.76$2,196
Aug 2015013640.162.87$391
Jul 201501,10648.152.95$3,257
Jun 2015080856.152.88$2,329
May 2015087955.212.96$2,598
Apr 201501,76149.822.71$4,766
Mar 201502,20942.892.93$6,483
Feb 201508,05044.662.98$23,958
Jan 201506,57343.433.10$20,380
Dec 201405,86154.693.59$21,049
Nov 201406,01070.464.25$25,554
Oct 201406,22078.303.90$24,264
Sep 201405,53286.164.05$22,379
Aug 201406,66089.394.04$26,874
Jul 201405,35396.564.18$22,373
Jun 201404,21198.164.74$19,947
May 201407,04894.734.73$33,313
Apr 2014010,63895.944.81$51,159
Mar 2014115,61995.895.06$79,078
Feb 2014111,48097.406.19$71,182
Jan 2014014,48990.404.86$70,427
Dec 2013011,20591.824.35$48,792
Nov 201307,62388.853.74$28,497
Oct 201306,55097.423.78$24,755
Sep 201304,241104.113.72$15,767
Aug 20130853104.253.52$3,005
Jul 201306,315102.523.72$23,478
Jun 201306,06394.403.93$23,848
May 201306,25394.834.15$25,944
Apr 201306,64493.964.28$28,454
Mar 201318,38893.623.91$32,915
Feb 2013124,66091.233.42$17,032
Jan 2013134,58891.603.42$16,881
Dec 201238,77686.773.42$30,276
Nov 201259,03686.953.62$33,190
Oct 201206,83989.383.40$23,250
Sep 201205,63594.672.92$16,445
Aug 201207,94392.662.91$23,100
Jul 2012010,73885.133.02$32,437
Jun 201208,38179.822.52$21,112
May 201208,94291.612.49$22,251
Apr 201207,095101.652.00$14,167
Mar 201206,801105.052.22$15,112
Feb 201207,186101.102.57$18,470
Jan 201207,97498.092.73$21,802
Dec 201108,35896.873.24$27,078
Nov 201107,83695.723.31$25,947
Oct 201107,88184.983.65$28,754
Sep 201108,89383.623.99$35,446
Aug 201109,78283.404.15$40,589
Jul 2011011,09594.144.52$50,119
Jun 2011012,54092.904.64$58,184
May 2011014,21998.134.40$62,632
Apr 201103,901105.964.33$16,904
Mar 201104,55696.364.06$18,485
Feb 201102,66685.644.18$11,144
Jan 201102,63086.504.59$12,068
Dec 201002,11385.734.35$9,187
Nov 201002,49480.843.80$9,466
Oct 201002,57778.103.51$9,042
Sep 20100072.633.98$0
Aug 2010052073.684.42$2,298
Jul 201003,45572.554.74$16,365
Jun 201002,99170.364.91$14,687
May 2010014471.124.24$610
Apr 2010026381.694.12$1,084
Mar 2010048378.394.39$2,120
Feb 2010025173.585.44$1,366
Jan 2010033074.365.96$1,968
Dec 2009036471.445.48$1,996
Nov 20090074.593.75$0
Oct 2009013872.544.11$567
Sep 2009036365.543.06$1,113
Aug 2009062567.423.22$2,012
Jul 2009076361.133.46$2,643
Jun 2009066266.163.90$2,578
May 2009035254.743.93$1,382
Apr 2009025046.773.59$897
Mar 2009013842.144.06$560
Feb 2009036532.814.63$1,691
Jan 2009041235.865.37$2,213

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.

Jan 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.41 =         $0
Gas                  260 Mcf  × $  3.42 =       $889

────────────────────────────────────────────────────
Month total                                     $889

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/245427 is the state's own key, not one this site invented.