PIERCE ESTATE

Operated by CHP OIL & GAS COMPANY, L.C. (P-5 120479) in the HUTCHINS, SOUTH (5800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11947District 03Field 43820923NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1947-07-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 040183 PER AMENDMENT TO SWR 28 & 29

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition36,549 bbl$1,905,552
Casinghead gasProduction5,025 Mcf$10,784
Total$1,916,336

2,061 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.2403, -96.2752. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.24034, -96.27524 · 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
6,000 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 6,000 ft.

Completions filed
Jul 1978
1 of 1 wells

1 well

42-4813165416,000 ftJul 1978

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 (401)

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

401 months

May 202600106.413.05$0
Apr 202628098.932.87$2,770
Mar 202628089.753.15$2,513
Feb 202656063.503.75$3,556
Jan 202628059.138.00$1,656
Dec 202528056.664.41$1,586
Nov 202556058.593.93$3,281
Oct 202529059.383.30$1,722
Sep 202528062.743.08$1,757
Aug 202528063.933.01$1,790
Jul 202528066.743.32$1,869
Jun 202528066.483.13$1,861
May 202557060.553.23$3,451
Apr 202529062.363.54$1,808
Mar 202527067.704.27$1,828
Feb 202528070.884.34$1,985
Jan 202532074.324.28$2,378
Dec 202431068.993.12$2,139
Nov 202431069.052.20$2,141
Oct 202431071.372.28$2,212
Sep 202429069.612.36$2,019
Aug 202460075.632.06$4,538
Jul 202429079.932.15$2,318
Jun 202429078.082.63$2,264
May 202429078.812.20$2,285
Apr 202451084.451.66$4,307
Mar 202429080.301.55$2,329
Feb 202427076.091.78$2,054
Jan 202429073.023.30$2,118
Dec 202363071.262.61$4,489
Nov 202331077.892.81$2,415
Oct 202326085.443.09$2,221
Sep 202330089.042.74$2,671
Aug 202330080.522.67$2,416
Jul 202327074.852.64$2,021
Jun 202330068.962.26$2,069
May 202352070.622.23$3,672
Apr 202326078.122.24$2,031
Mar 202355072.852.39$4,007
Feb 202327075.112.47$2,028
Jan 20230076.533.39$0
Dec 202257076.415.73$4,355
Nov 20220085.005.65$0
Oct 202253087.185.86$4,621
Sep 202226084.888.16$2,207
Aug 202255094.529.13$5,199
Jul 2022290101.587.54$2,946
Jun 2022660115.097.98$7,596
May 2022550109.378.43$6,015
Apr 2022560104.226.84$5,836
Mar 2022550108.885.08$5,988
Feb 202228091.054.86$2,549
Jan 202228081.844.54$2,292
Dec 202154071.323.90$3,851
Nov 202163077.435.24$4,878
Oct 202130079.795.71$2,394
Sep 202157069.865.35$3,982
Aug 202129066.024.22$1,915
Jul 202155070.783.98$3,893
Jun 202129069.493.38$2,015
May 202161063.483.02$3,872
Apr 202160060.362.76$3,622
Mar 202161061.302.72$3,739
Feb 202130057.805.55$1,734
Jan 202163050.412.81$3,176
Dec 202059044.642.68$2,634
Nov 202029038.772.71$1,124
Oct 202058036.972.48$2,144
Sep 202057037.091.99$2,114
Aug 202060039.982.39$2,399
Jul 202057038.371.83$2,187
Jun 202061034.901.69$2,129
May 20200016.921.81$0
Apr 202061014.751.80$900
Mar 202032030.341.86$971
Feb 202058049.881.98$2,893
Jan 202058057.252.09$3,321
Dec 201929059.012.30$1,711
Nov 201960055.302.75$3,318
Oct 201989053.472.42$4,759
Sep 201959055.052.66$3,248
Aug 201957053.112.30$3,027
Jul 201992056.272.46$5,177
Jun 201985052.782.49$4,486
May 201985058.482.74$4,971
Apr 201955062.632.75$3,445
Mar 201987056.803.06$4,942
Feb 201957050.852.79$2,898
Jan 201955046.033.23$2,532
Dec 201841046.594.19$1,910
Nov 201866052.934.24$3,493
Oct 2018180061.443.40$11,059
Sep 2018125059.543.11$7,443
Aug 2018205059.403.07$12,177
Jul 2018151065.142.93$9,836
Jun 2018170060.183.08$10,231
May 2018134065.382.90$8,761
Apr 2018101063.842.90$6,448
Mar 2018116061.222.79$7,102
Feb 2018118061.782.77$7,290
Jan 2018108062.874.01$6,790
Dec 2017209057.272.92$11,969
Nov 2017109055.423.12$6,041
Oct 201755049.292.98$2,711
Sep 201740047.523.09$1,901
Aug 201753045.373.00$2,405
Jul 201739043.873.09$1,711
Jun 201796042.493.09$4,079
May 201779045.373.26$3,584
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017107050.452.95$5,398
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016103046.193.09$4,758
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016107041.622.92$4,453
Jun 2016103045.352.69$4,671
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016100033.011.79$3,301
Feb 20160026.472.06$0
Jan 2016106027.352.36$2,899
Dec 2015105032.362.00$3,398
Nov 2015104038.792.17$4,034
Oct 2015102043.552.43$4,442
Sep 2015101042.992.76$4,342
Aug 2015102040.162.87$4,096
Jul 2015102048.152.95$4,911
Jun 2015103056.152.88$5,783
May 2015107055.212.96$5,907
Apr 2015105049.822.71$5,231
Mar 2015107042.892.93$4,589
Feb 2015215044.662.98$9,602
Jan 2015111043.433.10$4,821
Dec 2014108054.693.59$5,907
Nov 2014215070.464.25$15,149
Oct 2014109078.303.90$8,535
Sep 2014216086.164.05$18,611
Aug 2014107089.394.04$9,565
Jul 2014108096.564.18$10,428
Jun 2014217098.164.74$21,301
May 2014107094.734.73$10,136
Apr 2014208095.944.81$19,956
Mar 2014110095.895.06$10,548
Feb 20140097.406.19$0
Jan 2014108090.404.86$9,763
Dec 2013217091.824.35$19,925
Nov 2013109088.853.74$9,685
Oct 2013110097.423.78$10,716
Sep 20131090104.113.72$11,348
Aug 20132190104.253.52$22,831
Jul 20132130102.523.72$21,837
Jun 2013118094.403.93$11,139
May 2013107094.834.15$10,147
Apr 2013206093.964.28$19,356
Mar 2013106093.623.91$9,924
Feb 2013216091.233.42$19,706
Jan 2013107091.603.42$9,801
Dec 2012217086.773.42$18,829
Nov 2012107086.953.62$9,304
Oct 2012218089.383.40$19,485
Sep 2012107094.672.92$10,130
Aug 2012107092.662.91$9,915
Jul 2012107085.133.02$9,109
Jun 2012107079.822.52$8,541
May 2012214091.612.49$19,605
Apr 20121070101.652.00$10,877
Mar 20122140105.052.22$22,481
Feb 20122170101.102.57$21,939
Jan 2012107098.092.73$10,496
Dec 2011108096.873.24$10,462
Nov 2011214095.723.31$20,484
Oct 2011214084.983.65$18,186
Sep 2011108083.623.99$9,031
Aug 2011106083.404.15$8,840
Jul 2011109094.144.52$10,261
Jun 2011213092.904.64$19,788
May 2011106098.134.40$10,402
Apr 20111060105.964.33$11,232
Mar 2011213096.364.06$20,525
Feb 2011211085.644.18$18,070
Jan 2011114086.504.59$9,861
Dec 201058085.734.35$4,972
Nov 2010115080.843.80$9,297
Oct 201057078.103.51$4,452
Sep 2010115072.633.98$8,352
Aug 201057073.684.42$4,200
Jul 2010113072.554.74$8,198
Jun 201056070.364.91$3,940
May 2010113071.124.24$8,037
Apr 2010114081.694.12$9,313
Mar 2010113078.394.39$8,858
Feb 201056073.585.44$4,120
Jan 2010113074.365.96$8,403
Dec 2009113071.445.48$8,073
Nov 200957074.593.75$4,252
Oct 2009114072.544.11$8,270
Sep 2009115065.543.06$7,537
Aug 200956067.423.22$3,776
Jul 2009113061.133.46$6,908
Jun 2009113066.163.90$7,476
May 200956054.743.93$3,065
Apr 2009113046.773.59$5,285
Mar 2009114042.144.06$4,804
Feb 2009116032.814.63$3,806
Jan 200958035.865.37$2,080
Dec 2008117037.105.98$4,341
Nov 2008118055.496.86$6,548
Oct 2008117075.246.92$8,803
Sep 2008590101.767.88$6,004
Aug 20081190114.228.48$13,592
Jul 20081130131.0811.39$14,812
Jun 2008590131.3313.03$7,748
May 20081180123.1711.57$14,534
Apr 20081770110.3110.45$19,525
Mar 2008580101.909.66$5,910
Feb 200858092.538.77$5,367
Jan 200858090.388.21$5,242
Dec 2007118088.337.30$10,423
Nov 2007120091.677.29$11,000
Oct 2007115082.856.92$9,528
Sep 200759075.846.24$4,475
Aug 2007116069.066.39$8,011
Jul 2007118070.906.39$8,366
Jun 2007117062.007.55$7,254
May 2007114058.747.85$6,696
Apr 2007114059.617.81$6,796
Mar 2007119056.927.30$6,773
Feb 200758055.108.22$3,196
Jan 2007118050.306.73$5,935
Dec 2006115056.656.92$6,515
Nov 2006116054.207.62$6,287
Oct 2006117054.906.01$6,423
Sep 2006115060.085.04$6,909
Aug 2006113068.717.34$7,764
Jul 2006117069.376.34$8,116
Jun 2006117066.286.38$7,755
May 2006117066.016.42$7,723
Apr 2006177064.397.36$11,397
Mar 2006171056.707.08$9,696
Feb 2006170057.597.75$9,790
Jan 2006120060.598.93$7,271
Dec 2005118054.9413.42$6,483
Nov 200558054.6910.59$3,172
Oct 20050058.3413.80$0
Sep 200560061.4512.08$3,687
Aug 200559061.519.80$3,629
Jul 2005119055.697.84$6,627
Jun 200560052.337.38$3,140
May 2005117045.226.65$5,291
Apr 2005175049.207.36$8,610
Mar 200558050.377.15$2,921
Feb 20050045.226.31$0
Jan 200558043.166.32$2,503
Dec 2004581439.866.75$2,406
Nov 200401545.286.33$95
Oct 200458449.706.52$2,909
Sep 2004583243.245.28$2,677
Aug 20041173342.375.55$5,140
Jul 20041203638.286.08$4,813
Jun 2004593736.106.43$2,368
May 20041163837.486.49$4,594
Apr 20041173634.475.86$4,244
Mar 20041164234.365.53$4,218
Feb 20041194232.455.51$4,093
Jan 20041183732.036.30$4,013
Dec 2003583330.266.30$1,963
Nov 20031171528.804.60$3,439
Oct 200311928.174.76$119
Sep 2003641026.314.75$1,731
Aug 200312829.765.13$173
Jul 200347029.415.17$1,382
Jun 2003632428.565.98$1,943
May 2003661926.595.97$1,868
Apr 2003646126.675.41$2,037
Mar 2003642631.146.10$2,151
Feb 2003651333.487.93$2,279
Jan 2003632530.315.58$2,049
Dec 200201926.914.85$92
Nov 20021292124.664.14$3,268
Oct 2002642626.464.23$1,803
Sep 2002641727.443.64$1,818
Aug 2002632925.963.16$1,727
Jul 2002612624.583.06$1,579
Jun 2002632823.733.34$1,588
May 2002632824.663.58$1,654
Apr 20021272723.653.51$3,098
Mar 2002643422.003.10$1,513
Feb 20021273118.222.38$2,388
Jan 2002643717.172.38$1,187
Dec 2001632816.932.36$1,133
Nov 20011264218.072.41$2,378
Oct 20011264019.782.53$2,593
Sep 20011264124.262.25$3,149
Aug 20011263624.873.05$3,244
Jul 2001633723.933.20$1,626
Jun 20011281624.563.82$3,205
May 200102625.524.31$112
Apr 2001632624.685.34$1,694
Mar 2001632724.545.38$1,691
Feb 20011262527.755.77$3,641
Jan 2001632727.478.40$1,957
Dec 2000632426.889.12$1,912
Nov 2000361632.215.66$1,250
Oct 20001293331.235.15$4,198
Sep 20001233131.875.19$4,081
Aug 2000653429.644.54$2,081
Jul 2000653228.534.09$1,985
Jun 20001282929.304.40$3,878
May 2000633627.263.68$1,850
Apr 20001244324.513.12$3,173
Mar 2000673828.422.86$2,013
Feb 20001253927.622.73$3,559
Jan 20001244425.272.48$3,243
Dec 19991283224.282.42$3,185
Nov 1999642823.192.43$1,552
Oct 19991243120.982.80$2,688
Sep 1999643221.752.62$1,476
Aug 1999643019.262.88$1,319
Jul 1999693117.892.37$1,308
Jun 19991213415.942.36$2,009
May 19991223715.792.32$2,012
Apr 1999663015.102.21$1,063
Mar 1999661812.471.84$856
Feb 199968329.981.82$737
Jan 19991323410.381.90$1,435
Dec 19980189.201.77$32
Nov 19981253010.892.19$1,427
Oct 1998633312.421.97$847
Sep 19981303412.592.08$1,708
Aug 19981243511.301.91$1,468
Jul 19981233311.742.24$1,518
Jun 1998623311.242.24$771
May 1998513512.622.21$721
Apr 19981223713.042.51$1,684
Mar 19981233712.802.31$1,660
Feb 19981213413.952.30$1,766
Jan 1998623814.702.15$993
Dec 1997613616.322.41$1,082
Nov 19971183718.193.09$2,261
Oct 19971193419.253.15$2,398
Sep 19971203817.742.95$2,241
Aug 19971193717.862.55$2,220
Jul 1997604117.582.25$1,147
Jun 19971213917.242.26$2,174
May 19971124018.972.31$2,217
Apr 19971214017.882.08$2,247
Mar 19971214318.951.94$2,376
Feb 19971203620.492.21$2,538
Jan 19971254523.483.54$3,094
Dec 19961224023.32$2,845
Nov 19961194021.97$2,614
Oct 19961264123.31$2,937
Sep 19961264522.22$2,800
Aug 1996634020.26$1,276
Jul 19961914319.55$3,734
Jun 1996624018.73$1,161
May 19961284319.43$2,487
Apr 19961244321.51$2,667
Mar 19961244419.38$2,403
Feb 19961224316.98$2,072
Jan 19961213017.07$2,065
Dec 199501917.19$0
Nov 19951202616.00$1,920
Oct 19951244215.43$1,913
Sep 19951264616.18$2,039
Aug 199563515.92$1,003
Jul 19951187115.24$1,798
Jun 19951844216.41$3,019
May 19951194717.56$2,090
Apr 19951294817.73$2,287
Mar 19951195016.44$1,956
Feb 19952454816.58$4,062
Jan 1995615115.92$971
Dec 19941275115.03$1,909
Nov 19941965215.90$3,116
Oct 1994643415.58$997
Sep 19941273715.29$1,942
Aug 1994373016.13$597
Jul 19941273817.56$2,230
Jun 19941836117.09$3,127
May 1994632215.88$1,000
Apr 19941224114.14$1,725
Mar 19941204712.46$1,495
Feb 19941233812.50$1,538
Jan 19941234412.66$1,557
Dec 19931225012.33$1,504
Nov 19931834914.49$2,652
Oct 19931204015.85$1,902
Sep 1993611215.03$917
Aug 19931794915.66$2,803
Jul 19931124915.46$1,732
Jun 19932406816.79$4,030
May 19931196517.68$2,104
Apr 19931194918.05$2,148
Mar 19931204618.14$2,177
Feb 19931804717.90$3,222
Jan 19931845516.93$3,115

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.

Apr 2026 — as filed, then multipliedworked
Oil                   28 bbl  × $ 98.93 =     $2,770
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $2,770

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/O/11947 is the state's own key, not one this site invented.