PIERCE ESTATE "B"

Name: PIERCE ESTATE "B" lease production and value, Dec 2008 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BALLARD EXPLORATION COMPANY,INC. (P-5 48169) in the PIERCE RIDGE (YEGUA 12150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 249561District 03Field 71452800CondensateGasSave

Value, all time

$46.2 M

Dec 2008 – Mar 2021

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

148

no gaps in the span

Streams

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.

Stream	Basis	Volume	Value
Condensate	Disposition	316,263 bbl	$23,568,410
Gas	Production	5,798,684 Mcf	$22,587,879
Total			$46,156,289

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 29.2178, -96.1936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.21783, -96.19356 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

12,555 ft

1 wells filed one

Completion to plug

11.5 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 12,555 ft.

Completions filed

Dec 2008

1 of 1 wells

Plug dates filed

Jun 2020

1 of 1 wells

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48135043	1	12,555 ft	Dec 2008	Jun 2020	Yes

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 (148)

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

148 months


Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	148	0	36.97	2.48	$5,472
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	357	7,282	60.18	3.08	$43,890
May 2018	369	11,298	65.38	2.90	$56,898
Apr 2018	179	9,229	63.84	2.90	$38,199
Mar 2018	372	11,721	61.22	2.79	$55,438
Feb 2018	184	10,274	61.78	2.77	$39,787
Jan 2018	373	9,288	62.87	4.01	$60,689
Dec 2017	378	10,416	57.27	2.92	$52,079
Nov 2017	185	9,447	55.42	3.12	$39,712
Oct 2017	373	7,984	49.29	2.98	$42,207
Sep 2017	177	8,890	47.52	3.09	$35,857
Aug 2017	182	8,523	45.37	3.00	$33,864
Jul 2017	194	9,681	43.87	3.09	$38,399
Jun 2017	371	9,928	42.49	3.09	$46,414
May 2017	366	8,213	45.37	3.26	$43,408
Apr 2017	189	11,718	47.93	3.21	$46,692
Mar 2017	545	12,763	46.77	2.98	$63,570
Feb 2017	368	10,087	50.45	2.95	$48,348
Jan 2017	186	11,159	49.41	3.42	$47,341
Dec 2016	361	9,756	48.76	3.72	$53,922
Nov 2016	373	11,752	42.49	2.64	$46,925
Oct 2016	364	10,609	46.19	3.09	$49,598
Sep 2016	360	11,459	41.55	3.10	$50,488
Aug 2016	178	11,004	41.44	2.92	$39,556
Jul 2016	372	11,513	41.62	2.92	$49,151
Jun 2016	375	10,772	45.35	2.69	$45,938
May 2016	373	11,668	42.52	1.99	$39,091
Apr 2016	377	10,585	36.56	1.99	$34,858
Mar 2016	380	11,506	33.01	1.79	$33,186
Feb 2016	357	10,893	26.47	2.06	$31,929
Jan 2016	371	11,636	27.35	2.36	$37,659
Dec 2015	388	11,058	32.36	2.00	$34,687
Nov 2015	568	13,662	38.79	2.17	$51,643
Oct 2015	564	24,032	43.55	2.43	$82,878
Sep 2015	370	11,192	42.99	2.76	$46,779
Aug 2015	377	12,225	40.16	2.87	$50,257
Jul 2015	182	10,450	48.15	2.95	$39,539
Jun 2015	372	10,350	56.15	2.88	$50,725
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	547	49.82	2.71	$1,480
Mar 2015	1,506	44,635	42.89	2.93	$195,583
Feb 2015	2,253	60,686	44.66	2.98	$281,232
Jan 2015	1,121	40,281	43.43	3.10	$173,582
Dec 2014	375	8,362	54.69	3.59	$50,540
Nov 2014	376	11,596	70.46	4.25	$75,797
Oct 2014	374	13,607	78.30	3.90	$82,365
Sep 2014	184	4,623	86.16	4.05	$34,556
Aug 2014	919	29,231	89.39	4.04	$200,100
Jul 2014	1,666	50,411	96.56	4.18	$371,567
Jun 2014	1,484	43,987	98.16	4.74	$354,031
May 2014	1,654	50,096	94.73	4.73	$393,465
Apr 2014	1,484	42,827	95.94	4.81	$348,335
Mar 2014	2,049	47,391	95.89	5.06	$436,125
Feb 2014	1,446	38,404	97.40	6.19	$378,638
Jan 2014	1,433	37,849	90.40	4.86	$313,517
Dec 2013	1,867	44,127	91.82	4.35	$363,578
Nov 2013	1,323	37,386	88.85	3.74	$257,308
Oct 2013	1,677	38,277	97.42	3.78	$308,036
Sep 2013	1,334	34,733	104.11	3.72	$268,011
Aug 2013	1,011	34,258	104.25	3.52	$226,074
Jul 2013	1,479	34,018	102.52	3.72	$278,097
Jun 2013	1,289	33,289	94.40	3.93	$252,621
May 2013	1,631	40,590	94.83	4.15	$323,079
Apr 2013	1,491	40,205	93.96	4.28	$312,276
Mar 2013	1,829	44,848	93.62	3.91	$346,715
Feb 2013	1,511	41,779	91.23	3.42	$280,729
Jan 2013	2,262	49,450	91.60	3.42	$376,314
Dec 2012	1,892	49,812	86.77	3.42	$334,534
Nov 2012	2,442	50,410	86.95	3.62	$395,066
Oct 2012	2,241	52,757	89.38	3.40	$379,658
Sep 2012	2,228	51,481	94.67	2.92	$361,167
Aug 2012	2,346	54,751	92.66	2.91	$376,605
Jul 2012	2,714	56,856	85.13	3.02	$402,793
Jun 2012	2,526	56,141	79.82	2.52	$343,047
May 2012	2,730	59,458	91.61	2.49	$398,046
Apr 2012	2,916	58,510	101.65	2.00	$413,244
Mar 2012	3,121	61,861	105.05	2.22	$465,321
Feb 2012	2,526	59,547	101.10	2.57	$408,429
Jan 2012	2,913	64,539	98.09	2.73	$462,191
Dec 2011	3,025	66,954	96.87	3.24	$509,945
Nov 2011	3,093	65,321	95.72	3.31	$512,358
Oct 2011	3,467	68,634	84.98	3.65	$545,040
Sep 2011	3,461	68,087	83.62	3.99	$560,790
Aug 2011	3,818	72,267	83.40	4.15	$618,280
Jul 2011	3,835	74,618	94.14	4.52	$698,094
Jun 2011	4,030	74,309	92.90	4.64	$719,172
May 2011	4,180	78,422	98.13	4.40	$755,618
Apr 2011	4,238	77,707	105.96	4.33	$785,785
Mar 2011	5,545	80,982	96.36	4.06	$862,888
Feb 2011	3,307	65,444	85.64	4.18	$556,766
Jan 2011	5,823	87,929	86.50	4.59	$907,176
Dec 2010	5,662	91,614	85.73	4.35	$883,718
Nov 2010	5,631	90,525	80.84	3.80	$798,782
Oct 2010	6,000	96,123	78.10	3.51	$805,885
Sep 2010	6,144	97,642	72.63	3.98	$834,802
Aug 2010	6,707	104,144	73.68	4.42	$954,422
Jul 2010	6,712	105,467	72.55	4.74	$986,499
Jun 2010	6,903	102,431	70.36	4.91	$988,672
May 2010	7,327	111,581	71.12	4.24	$993,666
Apr 2010	7,245	112,236	81.69	4.12	$1,054,558
Mar 2010	7,712	122,172	78.39	4.39	$1,140,716
Feb 2010	7,571	114,374	73.58	5.44	$1,179,539
Jan 2010	8,347	128,292	74.36	5.96	$1,385,828
Dec 2009	8,722	126,699	71.44	5.48	$1,317,885
Nov 2009	8,663	128,772	74.59	3.75	$1,129,261
Oct 2009	8,820	132,567	72.54	4.11	$1,184,686
Sep 2009	9,159	133,128	65.54	3.06	$1,008,285
Aug 2009	10,087	149,033	67.42	3.22	$1,159,728
Jul 2009	10,502	153,483	61.13	3.46	$1,173,729
Jun 2009	9,506	140,601	66.16	3.90	$1,176,558
May 2009	9,959	149,484	54.74	3.93	$1,131,992
Apr 2009	10,347	146,483	46.77	3.59	$1,009,437
Mar 2009	11,456	171,747	42.14	4.06	$1,179,877
Feb 2009	8,701	125,398	32.81	4.63	$866,449
Jan 2009	0	5,960	35.86	5.37	$32,011
Dec 2008	377	415	37.10	5.98	$16,467

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.

Oct 2020 — as filed, then multipliedworked

Condensate           148 bbl  × $ 36.97 =     $5,472
Gas                    0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                   $5,472

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/249561 is the state's own key, not one this site invented.