PIERCE ESTATE

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

Oil lease lease 12311District 03Field 43836124OilCasinghead gasSaveExport
Value, all time
$2.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$45 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
1952-12-31
as the register files it
Field class
Oil and 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: SPECIAL ORDER #3-73849.

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
OilDisposition53,538 bbl$2,423,794
Casinghead gasProduction7,710 Mcf$16,460
Total$2,440,254

3,181 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 29.2398, -96.2787. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.23976, -96.27867 · 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
100.0%
1 of 1 wells
Median depth
6,000 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 6,000 ft.

Completions filed
Jan 1979
1 of 1 wells
Plug dates filed
Feb 1975
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4810153036,000 ftJan 1979Feb 1975

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 202651098.932.87$5,045
Mar 202652089.753.15$4,667
Feb 2026104063.503.75$6,604
Jan 202652059.138.00$3,075
Dec 202552056.664.41$2,946
Nov 2025105058.593.93$6,152
Oct 202554059.383.30$3,207
Sep 202552062.743.08$3,262
Aug 202552063.933.01$3,324
Jul 202552066.743.32$3,470
Jun 202552066.483.13$3,457
May 2025105060.553.23$6,358
Apr 202554062.363.54$3,367
Mar 202550067.704.27$3,385
Feb 202552070.884.34$3,686
Jan 202559074.324.28$4,385
Dec 202458068.993.12$4,001
Nov 202457069.052.20$3,936
Oct 202458071.372.28$4,139
Sep 202454069.612.36$3,759
Aug 2024112075.632.06$8,471
Jul 202453079.932.15$4,236
Jun 202453078.082.63$4,138
May 202453078.812.20$4,177
Apr 202495084.451.66$8,023
Mar 202453080.301.55$4,256
Feb 202450076.091.78$3,805
Jan 202454073.023.30$3,943
Dec 2023118071.262.61$8,409
Nov 202358077.892.81$4,518
Oct 202349085.443.09$4,187
Sep 202356089.042.74$4,986
Aug 202357080.522.67$4,590
Jul 202350074.852.64$3,743
Jun 202356068.962.26$3,862
May 202397070.622.23$6,850
Apr 202349078.122.24$3,828
Mar 2023102072.852.39$7,431
Feb 202350075.112.47$3,756
Jan 20230076.533.39$0
Dec 2022106076.415.73$8,099
Nov 20220085.005.65$0
Oct 202299087.185.86$8,631
Sep 202249084.888.16$4,159
Aug 2022103094.529.13$9,736
Jul 2022540101.587.54$5,485
Jun 20221220115.097.98$14,041
May 20221030109.378.43$11,265
Apr 20221030104.226.84$10,735
Mar 20221030108.885.08$11,215
Feb 202253091.054.86$4,826
Jan 202252081.844.54$4,256
Dec 2021100071.323.90$7,132
Nov 2021117077.435.24$9,059
Oct 202155079.795.71$4,388
Sep 2021105069.865.35$7,335
Aug 202153066.024.22$3,499
Jul 2021103070.783.98$7,290
Jun 202154069.493.38$3,752
May 2021114063.483.02$7,237
Apr 2021112060.362.76$6,760
Mar 2021113061.302.72$6,927
Feb 202157057.805.55$3,295
Jan 2021117050.412.81$5,898
Dec 2020110044.642.68$4,910
Nov 202055038.772.71$2,132
Oct 2020107036.972.48$3,956
Sep 2020105037.091.99$3,894
Aug 2020111039.982.39$4,438
Jul 2020106038.371.83$4,067
Jun 2020113034.901.69$3,944
May 20200016.921.81$0
Apr 2020113014.751.80$1,667
Mar 202059030.341.86$1,790
Feb 2020109049.881.98$5,437
Jan 2020108057.252.09$6,183
Dec 201953059.012.30$3,128
Nov 2019111055.302.75$6,138
Oct 2019166053.472.42$8,876
Sep 2019110055.052.66$6,056
Aug 2019105053.112.30$5,577
Jul 2019170056.272.46$9,566
Jun 2019159052.782.49$8,392
May 2019159058.482.74$9,298
Apr 2019102062.632.75$6,388
Mar 2019161056.803.06$9,145
Feb 2019106050.852.79$5,390
Jan 2019107046.033.23$4,925
Dec 201876046.594.19$3,541
Nov 2018123052.934.24$6,510
Oct 201896061.443.40$5,898
Sep 201867059.543.11$3,989
Aug 2018111059.403.07$6,593
Jul 201881065.142.93$5,276
Jun 201893060.183.08$5,597
May 201872065.382.90$4,707
Apr 201854063.842.90$3,447
Mar 201862061.222.79$3,796
Feb 201863061.782.77$3,892
Jan 201858062.874.01$3,646
Dec 2017113057.272.92$6,472
Nov 201758055.423.12$3,214
Oct 201730049.292.98$1,479
Sep 201722047.523.09$1,045
Aug 201728045.373.00$1,270
Jul 201722043.873.09$965
Jun 201752042.493.09$2,209
May 201736045.373.26$1,633
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201758050.452.95$2,926
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201655046.193.09$2,540
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201658041.622.92$2,414
Jun 201654045.352.69$2,449
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201654033.011.79$1,783
Feb 20160026.472.06$0
Jan 201657027.352.36$1,559
Dec 201557032.362.00$1,845
Nov 201556038.792.17$2,172
Oct 201555043.552.43$2,395
Sep 201555042.992.76$2,364
Aug 201555040.162.87$2,209
Jul 201555048.152.95$2,648
Jun 201555056.152.88$3,088
May 201558055.212.96$3,202
Apr 201557049.822.71$2,840
Mar 201557042.892.93$2,445
Feb 2015115044.662.98$5,136
Jan 201559043.433.10$2,562
Dec 201458054.693.59$3,172
Nov 2014116070.464.25$8,173
Oct 201459078.303.90$4,620
Sep 2014117086.164.05$10,081
Aug 201457089.394.04$5,095
Jul 201458096.564.18$5,600
Jun 2014117098.164.74$11,485
May 201458094.734.73$5,494
Apr 2014112095.944.81$10,745
Mar 201450095.895.06$4,795
Feb 20140097.406.19$0
Jan 201458090.404.86$5,243
Dec 2013116091.824.35$10,651
Nov 201359088.853.74$5,242
Oct 201359097.423.78$5,748
Sep 2013590104.113.72$6,142
Aug 20131180104.253.52$12,302
Jul 20131150102.523.72$11,790
Jun 201363094.403.93$5,947
May 201358094.834.15$5,500
Apr 2013111093.964.28$10,430
Mar 201357093.623.91$5,336
Feb 2013116091.233.42$10,583
Jan 201358091.603.42$5,313
Dec 2012117086.773.42$10,152
Nov 201258086.953.62$5,043
Oct 2012118089.383.40$10,547
Sep 201258094.672.92$5,491
Aug 201257092.662.91$5,282
Jul 201258085.133.02$4,938
Jun 201258079.822.52$4,630
May 2012115091.612.49$10,535
Apr 2012580101.652.00$5,896
Mar 20121150105.052.22$12,081
Feb 20121170101.102.57$11,829
Jan 201258098.092.73$5,689
Dec 201158096.873.24$5,618
Nov 2011115095.723.31$11,008
Oct 2011115084.983.65$9,773
Sep 201158083.623.99$4,850
Aug 201157083.404.15$4,754
Jul 201158094.144.52$5,460
Jun 2011115092.904.64$10,684
May 201157098.134.40$5,593
Apr 2011570105.964.33$6,040
Mar 2011115096.364.06$11,081
Feb 2011114085.644.18$9,763
Jan 2011213086.504.59$18,425
Dec 2010107085.734.35$9,173
Nov 2010213080.843.80$17,219
Oct 2010105078.103.51$8,201
Sep 2010213072.633.98$15,470
Aug 2010105073.684.42$7,736
Jul 2010210072.554.74$15,236
Jun 2010104070.364.91$7,317
May 2010211071.124.24$15,006
Apr 2010211081.694.12$17,237
Mar 2010211078.394.39$16,540
Feb 2010105073.585.44$7,726
Jan 2010210074.365.96$15,616
Dec 2009211071.445.48$15,074
Nov 2009105074.593.75$7,832
Oct 2009213072.544.11$15,451
Sep 2009213065.543.06$13,960
Aug 2009103067.423.22$6,944
Jul 2009210061.133.46$12,837
Jun 2009211066.163.90$13,960
May 2009105054.743.93$5,748
Apr 2009210046.773.59$9,822
Mar 2009221042.144.06$9,313
Feb 2009216032.814.63$7,087
Jan 2009109035.865.37$3,909
Dec 2008216037.105.98$8,014
Nov 2008220055.496.86$12,208
Oct 2008218075.246.92$16,402
Sep 20081100101.767.88$11,194
Aug 20082220114.228.48$25,357
Jul 20082110131.0811.39$27,658
Jun 20081100131.3313.03$14,446
May 20082200123.1711.57$27,097
Apr 20083310110.3110.45$36,513
Mar 20081080101.909.66$11,005
Feb 2008107092.538.77$9,901
Jan 2008108090.388.21$9,761
Dec 2007218088.337.30$19,256
Nov 2007222091.677.29$20,351
Oct 2007213082.856.92$17,647
Sep 2007110075.846.24$8,342
Aug 2007215069.066.39$14,848
Jul 2007220070.906.39$15,598
Jun 2007217062.007.55$13,454
May 2007213058.747.85$12,512
Apr 2007211059.617.81$12,578
Mar 2007221056.927.30$12,579
Feb 2007119055.108.22$6,557
Jan 2007218050.306.73$10,965
Dec 2006214056.656.92$12,123
Nov 2006217054.207.62$11,761
Oct 2006220054.906.01$12,078
Sep 2006214060.085.04$12,857
Aug 2006211068.717.34$14,498
Jul 2006218069.376.34$15,123
Jun 2006218066.286.38$14,449
May 2006218066.016.42$14,390
Apr 2006328064.397.36$21,120
Mar 2006318056.707.08$18,031
Feb 2006316057.597.75$18,198
Jan 2006222060.598.93$13,451
Dec 2005218054.9413.42$11,977
Nov 2005109054.6910.59$5,961
Oct 20050058.3413.80$0
Sep 2005111061.4512.08$6,821
Aug 2005109061.519.80$6,705
Jul 2005222055.697.84$12,363
Jun 2005170052.337.38$8,896
May 2005218045.226.65$9,858
Apr 2005326049.207.36$16,039
Mar 2005107050.377.15$5,390
Feb 20050045.226.31$0
Jan 2005109043.166.32$4,704
Dec 20041082239.866.75$4,453
Nov 200402445.286.33$152
Oct 20041091049.706.52$5,482
Sep 20041095043.245.28$4,977
Aug 20042185142.375.55$9,520
Jul 20042235538.286.08$8,871
Jun 20041105236.106.43$4,306
May 20042155837.486.49$8,435
Apr 20042185634.475.86$7,843
Mar 20042156434.365.53$7,741
Feb 20042226632.455.51$7,568
Jan 20042195732.036.30$7,374
Dec 20031095130.266.30$3,620
Nov 20032162228.804.60$6,322
Oct 200302928.174.76$138
Sep 20031171526.314.75$3,150
Aug 200306329.765.13$323
Jul 200388029.415.17$2,588
Jun 20031173828.565.98$3,569
May 20031202826.595.97$3,358
Apr 20031183026.675.41$3,309
Mar 20031194031.146.10$3,950
Feb 20031222133.487.93$4,251
Jan 20031183830.315.58$3,789
Dec 200202826.914.85$136
Nov 20022403324.664.14$6,055
Oct 20021183926.464.23$3,287
Sep 20021192627.443.64$3,360
Aug 20021184425.963.16$3,203
Jul 20021144024.583.06$2,925
Jun 20021164223.733.34$2,893
May 20021174424.663.58$3,043
Apr 20022374123.653.51$5,749
Mar 20021185222.003.10$2,757
Feb 20022374918.222.38$4,435
Jan 20021185617.172.38$2,159
Dec 20011184316.932.36$2,099
Nov 20012346518.072.41$4,385
Oct 20012356019.782.53$4,800
Sep 20012356424.262.25$5,845
Aug 20012345624.873.05$5,991
Jul 20011175723.933.20$2,982
Jun 20012372524.563.82$5,916
May 200104125.524.31$177
Apr 20011163924.685.34$3,071
Mar 20011184124.545.38$3,116
Feb 20012343927.755.77$6,718
Jan 20011184227.478.40$3,594
Dec 20001173726.889.12$3,482
Nov 20001444732.215.66$4,904
Oct 20002405131.235.15$7,758
Sep 20002294831.875.19$7,547
Aug 20001215229.644.54$3,823
Jul 20001204928.534.09$3,624
Jun 20002394429.304.40$7,196
May 20001185527.263.68$3,419
Apr 20002296624.513.12$5,818
Mar 20001255928.422.86$3,721
Feb 20002336027.622.73$6,599
Jan 20002316825.272.48$6,006
Dec 19992374924.282.42$5,873
Nov 19991194223.192.43$2,862
Oct 19992314820.982.80$4,981
Sep 19991205021.752.62$2,741
Aug 19991194619.262.88$2,424
Jul 19991274717.892.37$2,384
Jun 19992245215.942.36$3,693
May 19992285715.792.32$3,732
Apr 19991224615.102.21$1,944
Mar 19991222712.471.84$1,571
Feb 1999120479.981.82$1,283
Jan 19992395110.381.90$2,578
Dec 19980289.201.77$50
Nov 19982334610.892.19$2,638
Oct 19981175012.421.97$1,552
Sep 19982425212.592.08$3,155
Aug 19982305411.301.91$2,702
Jul 19982295011.742.24$2,800
Jun 19981145111.242.24$1,395
May 1998965512.622.21$1,333
Apr 19982285713.042.51$3,116
Mar 19982285712.802.31$3,050
Feb 19982245313.952.30$3,247
Jan 19981145714.702.15$1,799
Dec 19971135516.322.41$1,977
Nov 19972205718.193.09$4,178
Oct 19972225419.253.15$4,444
Sep 19972225717.742.95$4,107
Aug 19972225817.862.55$4,113
Jul 19971126317.582.25$2,111
Jun 19972255917.242.26$4,012
May 19972076118.972.31$4,068
Apr 19972256117.882.08$4,150
Mar 19972246618.951.94$4,373
Feb 19972225520.492.21$4,670
Jan 19972316923.483.54$5,668
Dec 19962266223.32$5,270
Nov 19962226221.97$4,877
Oct 19962356323.31$5,478
Sep 19962336922.22$5,177
Aug 19961186220.26$2,391
Jul 19963556619.55$6,940
Jun 19961166118.73$2,173
May 19962376319.43$4,605
Apr 19962315321.51$4,969
Mar 19962296719.38$4,438
Feb 19962286716.98$3,871
Jan 19962264617.07$3,858
Dec 199502917.19$0
Nov 19952244016.00$3,584
Oct 19952306415.43$3,549
Sep 19952347016.18$3,786
Aug 19951183115.92$1,879
Jul 199521910915.24$3,338
Jun 19953436516.41$5,629
May 19952217317.56$3,881
Apr 19952397417.73$4,237
Mar 19952207416.44$3,617
Feb 19954567416.58$7,560
Jan 19951127715.92$1,783
Dec 19942367915.03$3,547
Nov 19943637915.90$5,772
Oct 19941205215.58$1,870
Sep 19942375615.29$3,624
Aug 19941466816.13$2,355
Jul 19942355817.56$4,127
Jun 19943419417.09$5,828
May 19941173515.88$1,858
Apr 19942276314.14$3,210
Mar 19942247212.46$2,791
Feb 19942295912.50$2,863
Jan 19942296812.66$2,899
Dec 19932287712.33$2,811
Nov 19933407614.49$4,927
Oct 19932246615.85$3,550
Sep 19931142515.03$1,713
Aug 19933326915.66$5,199
Jul 19932077115.46$3,200
Jun 199344510516.79$7,472
May 19932229917.68$3,925
Apr 19932207518.05$3,971
Mar 19932227018.14$4,027
Feb 19933357317.90$5,997
Jan 19933417116.93$5,773

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                   51 bbl  × $ 98.93 =     $5,045
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $5,045

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/12311 is the state's own key, not one this site invented.