PIERCE ESTATES, INC.

Operated by MCGOWAN WORKING PARTNERS, INC. (P-5 549836) in the WITHERS, NORTH (-A- SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12650District 03Field 98290100OilCasinghead gasSave
Value, all time
$21.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$384 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition515,904 bbl$20,924,316
Casinghead gasProduction151,234 Mcf$601,499
Total$21,525,814

22,972 Mcf of this lease's gas, across 46 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 (31)

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 29.1803, -96.1111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.8 miles. 1 well has no surveyed location and is left out of it.

29.17511, -96.10756 · centre of 30 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
48.4%
15 of 31 wells
With a plug date
29.0%
9 of 31 wells
Median depth
5,375 ft
21 wells filed one
Completion to plug
6.4 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
1548.4%
A plug date is filed
929.0%
BothOn the schedule and plugged. Neither fact cancels the other.
929.0%
NeitherNo plug date, and not on the schedule.
1651.6%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 21 of 31 wells. Median 5,375 ft, with the middle half between 5,360 and 5,390 ft; the shallowest is 5,340 ft and the deepest 7,500 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

70s
80s
90s
00s
10s

Last completion by decade, 29 of 31 wells, May 1979 – Apr 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1979 – Apr 2019
29 of 31 wells; 2 filed none
Plug dates filed
Jul 1984 – Oct 1998
9 of 31 wells; 22 filed none

Last completion to plug: a median of 6.4 years across the 8 wells that filed both dates, with the middle half between 5.1 years and 6.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

31 wells

42-48103752815,375 ftFeb 1986Yes
42-48181219325,377 ft
42-48103136645,340 ftApr 2019
42-48103174685,430 ftMay 2018Yes
42-48103145615,395 ftMar 2004
42-48134558016,200 ftDec 2003
42-48103175485,355 ftNov 2002
42-48103101845,360 ftApr 1998Yes
42-48103091425,355 ftMay 1995
42-48103140885,400 ftJan 1986Yes
42-48103105865,374 ftJan 1986Yes
42-48103095575,360 ftJan 1986Yes
42-48103169945,377 ftFeb 1985Yes
42-48103156755,370 ftNov 1979Feb 1986Yes
42-4810314252Nov 1979
42-48103128625,355 ftAug 1979Feb 1986Yes
42-48103138705,390 ftAug 1979Oct 1998Yes
42-48103157507,500 ftAug 1979Feb 1986Yes
42-48103171465,383 ftAug 1979Jul 1984Yes
42-48181225385,372 ftAug 1979Jul 1984Yes
42-4810312778Aug 1979
42-4810313985Aug 1979
42-4810314383Aug 1979
42-4810317040Aug 1979
42-4810309833Jun 1979
42-48103126825,350 ftJun 1979Feb 1986Yes
42-4810309947Jun 1979
42-4810316896Jun 1979
42-48181756935,377 ftJun 1979Jul 1984Yes
42-4810308391May 1979
42-4810309058May 1979

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 2026477120106.413.05$51,123
Apr 202650112098.932.87$49,908
Mar 202648412489.753.15$43,830
Feb 202649711263.503.75$31,980
Jan 202633610259.138.00$20,683
Dec 202549010056.664.41$28,205
Nov 202533212058.593.93$19,923
Oct 202532111859.383.30$19,451
Sep 202549011462.743.08$31,093
Aug 202549412263.933.01$31,949
Jul 202548912466.743.32$33,047
Jun 202533712066.483.13$22,779
May 202548312460.553.23$29,646
Apr 202533211862.363.54$21,122
Mar 202549211067.704.27$33,778
Feb 202549911270.884.34$35,855
Jan 20253239274.324.28$24,399
Dec 202465411468.993.12$45,475
Nov 202450412069.052.20$35,065
Oct 202449612471.372.28$35,682
Sep 20241668069.612.36$11,744
Aug 20241583675.632.06$12,024
Jul 202432510079.932.15$26,192
Jun 20244749478.082.63$37,258
May 202449610678.812.20$39,323
Apr 202465712084.451.66$55,683
Mar 202449111880.301.55$39,610
Feb 202465411676.091.78$49,970
Jan 202450411673.023.30$37,185
Dec 202350512471.262.61$36,310
Nov 20233398677.892.81$26,646
Oct 202333812285.443.09$29,255
Sep 202348411489.042.74$43,407
Aug 202349518280.522.67$40,344
Jul 202351112074.852.64$38,565
Jun 202332912068.962.26$22,959
May 202349612070.622.23$35,295
Apr 202349911878.122.24$39,246
Mar 202349911672.852.39$36,630
Feb 202349710475.112.47$37,586
Jan 202349518676.533.39$38,512
Dec 202250911876.415.73$39,569
Nov 202248414885.005.65$41,976
Oct 202249416487.185.86$44,029
Sep 202249318084.888.16$43,315
Aug 202266418094.529.13$64,404
Jul 2022497154101.587.54$51,647
Jun 2022328134115.097.98$38,818
May 2022670172109.378.43$74,728
Apr 2022661170104.226.84$70,052
Mar 2022660186108.885.08$72,805
Feb 202250316891.054.86$46,614
Jan 202267418481.844.54$55,995
Dec 202167418071.323.90$48,772
Nov 202149117677.435.24$38,940
Oct 202166418679.795.71$54,043
Sep 202166417669.865.35$47,329
Aug 202150215266.024.22$33,784
Jul 202182018670.783.98$58,780
Jun 202183816469.493.38$58,787
May 202150217163.483.02$32,383
Apr 202166514860.362.76$40,548
Mar 202151018261.302.72$31,757
Feb 202165614457.805.55$38,716
Jan 202167118450.412.81$34,342
Dec 202066918644.642.68$30,362
Nov 202050118038.772.71$19,911
Oct 202066717636.972.48$25,095
Sep 202066817637.091.99$25,127
Aug 202065017639.982.39$26,407
Jul 202064818438.371.83$25,200
Jun 202066617834.901.69$23,544
May 202066518416.921.81$11,586
Apr 202059317614.751.80$9,064
Mar 202066018630.341.86$20,370
Feb 202099517249.881.98$49,971
Jan 202049316457.252.09$28,568
Dec 201965218059.012.30$38,889
Nov 201966718055.302.75$37,380
Oct 201968017253.472.42$36,776
Sep 201965718055.052.66$36,646
Aug 201982118053.112.30$44,018
Jul 201966417456.272.46$37,791
Jun 201966914052.782.49$35,659
May 201967618658.482.74$40,042
Apr 201967117362.632.75$42,501
Mar 201982518656.803.06$47,430
Feb 201967816850.852.79$34,945
Jan 201966518046.033.23$31,191
Dec 201867018246.594.19$31,977
Nov 201881317252.934.24$43,761
Oct 201879718661.443.40$49,600
Sep 201883118059.543.11$50,037
Aug 201880518259.403.07$48,375
Jul 201882218665.142.93$54,090
Jun 201883918060.183.08$51,045
May 201883118665.382.90$54,870
Apr 201888017663.842.90$56,690
Mar 201883518661.222.79$51,637
Feb 201882816861.782.77$51,619
Jan 201882518062.874.01$52,589
Dec 20171,00717457.272.92$58,179
Nov 201783116855.423.12$46,578
Oct 201765212049.292.98$32,495
Sep 20173369047.523.09$16,245
Aug 201749110045.373.00$22,577
Jul 201782418443.873.09$36,717
Jun 201783417842.493.09$35,986
May 201798618445.373.26$45,335
Apr 201766418047.933.21$32,404
Mar 20171,01018646.772.98$47,793
Feb 201765716850.452.95$33,642
Jan 201783318649.413.42$41,794
Dec 201682414248.763.72$40,707
Nov 201684118042.492.64$36,210
Oct 201681818646.193.09$38,358
Sep 201683414641.553.10$35,105
Aug 201666415241.442.92$27,961
Jul 201683018641.622.92$35,089
Jun 201666117045.352.69$30,433
May 201683218642.521.99$35,747
Apr 201682118036.561.99$30,374
Mar 201683518633.011.79$27,897
Feb 201667417426.472.06$18,200
Jan 201683918227.352.36$23,377
Dec 201583518632.362.00$27,393
Nov 201582518038.792.17$32,392
Oct 201583516643.552.43$36,767
Sep 201580518042.992.76$35,103
Aug 201580018640.162.87$32,662
Jul 201596618648.152.95$47,061
Jun 201563917456.152.88$36,381
May 201586313255.212.96$48,036
Apr 201581516249.822.71$41,042
Mar 201564516442.892.93$28,145
Feb 201564714244.662.98$29,318
Jan 201580718643.433.10$35,625
Dec 201464618654.693.59$35,998
Nov 201481418070.464.25$58,120
Oct 201481518078.303.90$64,517
Sep 201453818086.164.05$47,082
Aug 201480217689.394.04$72,401
Jul 201480918696.564.18$78,894
Jun 201462618098.164.74$62,301
May 201495118694.734.73$90,967
Apr 201480117695.944.81$77,694
Mar 201450912495.895.06$49,435
Feb 201456810697.406.19$55,980
Jan 201461712090.404.86$56,360
Dec 201350011491.824.35$46,406
Nov 201365011488.853.74$58,179
Oct 201352512097.423.78$51,599
Sep 2013637116104.113.72$66,749
Aug 2013779124104.253.52$81,648
Jul 2013774116102.523.72$79,782
Jun 201361712094.403.93$58,717
May 201362512494.834.15$59,783
Apr 201369011893.964.28$65,338
Mar 201366611293.623.91$62,789
Feb 201363311291.233.42$58,132
Jan 201366912291.603.42$61,698
Dec 201257411286.773.42$50,189
Nov 201258210886.953.62$50,996
Oct 201261115589.383.40$55,138
Sep 201271815094.672.92$68,411
Aug 201290412292.662.91$84,119
Jul 201269112485.133.02$59,199
Jun 201264012479.822.52$51,397
May 201244412491.612.49$40,983
Apr 2012768110101.652.00$78,287
Mar 2012591164105.052.22$62,449
Feb 2012661174101.102.57$67,274
Jan 201262610698.092.73$61,694
Dec 20113776296.873.24$36,721
Nov 20113236295.723.31$31,123
Oct 201143112284.983.65$37,072
Sep 201156012083.623.99$47,306
Aug 20113787883.404.15$31,849
Jul 201152012494.144.52$49,513
Jun 201154712092.904.64$51,373
May 20116048498.134.40$59,641
Apr 2011494120105.964.33$52,864
Mar 201151712496.364.06$50,321
Feb 201145011285.644.18$39,006
Jan 201155712486.504.59$48,750
Dec 201052612285.734.35$45,624
Nov 201043811880.843.80$35,856
Oct 20103929078.103.51$30,931
Sep 20103996072.633.98$29,218
Aug 201061412273.684.42$45,779
Jul 201062612472.554.74$46,004
Jun 201012912070.364.91$9,666
May 201059011871.124.24$42,461
Apr 201062012081.694.12$51,143
Mar 201054413878.394.39$43,250
Feb 201085515673.585.44$63,760
Jan 201066414074.365.96$50,210
Dec 20094518071.445.48$32,658
Nov 20091,03317874.593.75$77,719
Oct 20091,06218472.544.11$77,794
Sep 200982417865.543.06$54,550
Aug 200991718467.423.22$62,416
Jul 20091,08018661.133.46$66,665
Jun 20091,05316666.163.90$70,313
May 200994814254.743.93$52,451
Apr 20091,23811246.773.59$58,303
Mar 20091,15717842.144.06$49,478
Feb 200999415832.814.63$33,345
Jan 20091,11818635.865.37$41,090
Dec 20081,07718637.105.98$41,068
Nov 20081,07017255.496.86$60,554
Oct 20081,18515875.246.92$90,253
Sep 20081,002150101.767.88$103,145
Aug 20081,133184114.228.48$130,972
Jul 20081,082147131.0811.39$143,503
Jun 20081,166176131.3313.03$155,425
May 20081,438186123.1711.57$179,271
Apr 20081,379180110.3110.45$153,999
Mar 20081,219186101.909.66$126,014
Feb 20081,16717492.538.77$109,509
Jan 20081,19718690.388.21$109,711
Dec 20071,27818488.337.30$114,229
Nov 20071,26817791.677.29$117,528
Oct 20071,39718682.856.92$117,029
Sep 20071,23918075.846.24$95,090
Aug 20071,64418669.066.39$114,723
Jul 20071,39816270.906.39$100,153
Jun 20071,48217062.007.55$93,167
May 20071,61018658.747.85$96,031
Apr 20071,58918059.617.81$96,125
Mar 20071,85717856.927.30$107,000
Feb 20071,58421255.108.22$89,020
Jan 20071,98923650.306.73$101,634
Dec 20062,04522456.656.92$117,399
Nov 20062,05421254.207.62$112,942
Oct 20062,38124454.906.01$132,184
Sep 20062,26320860.085.04$137,009
Aug 20062,73823668.717.34$189,860
Jul 20062,81622869.376.34$196,792
Jun 20062,50321666.286.38$167,278
May 20061,19018266.016.42$79,721
Apr 20061,13518064.397.36$74,408
Mar 20061,08937256.707.08$64,381
Feb 20061,07649257.597.75$65,780
Jan 20061,10873660.598.93$73,709
Dec 20051,16372854.9413.42$73,662
Nov 20051,10764054.6910.59$67,318
Oct 20051,21642758.3413.80$76,832
Sep 20051,12256061.4512.08$75,711
Aug 20052,1931,76761.519.80$152,202
Jul 20051,9781,25855.697.84$120,022
Jun 20052,1461,63452.337.38$124,361
May 20053,0721,86045.226.65$151,287
Apr 20053,0751,72949.207.36$164,016
Mar 20053,3423,53450.377.15$193,622
Feb 20053,0641,46845.226.31$147,820
Jan 20053,8871,76743.166.32$178,934
Dec 20043,7291,54339.866.75$159,055
Nov 20042,6821,27945.286.33$129,538
Oct 20043,2871,58149.706.52$173,664
Sep 20043,3531,53043.245.28$153,068
Aug 20043,0371,66042.375.55$137,892
Jul 20042,7741,58138.286.08$115,808
Jun 20042,7001,09036.106.43$104,482
May 20043,0683,02437.486.49$134,628
Apr 20043,0981,51534.475.86$115,664
Mar 20043,24269834.365.53$115,255
Feb 20042,78663832.455.51$93,921
Jan 20043,25166732.036.30$108,331
Dec 20033,75271330.266.30$118,029
Nov 200391269028.804.60$29,436
Oct 20031,31471328.174.76$40,409
Sep 20031,09366026.314.75$31,891
Aug 20031,47868229.765.13$47,484
Jul 20031,04349729.415.17$33,245
Jun 20031,06866028.565.98$34,451
May 20031,26367526.595.97$37,615
Apr 20031,37469026.675.41$40,376
Mar 20031,10071331.146.10$38,600
Feb 20031,15364433.487.93$43,707
Jan 20031,07766830.315.58$36,373
Dec 200276471326.914.85$24,020
Nov 20021,19669024.664.14$32,348
Oct 20021,02471326.464.23$30,110
Sep 200298664927.443.64$29,415
Aug 200293868225.963.16$26,508
Jul 20021,01068224.583.06$26,914
Jun 20021,44166023.733.34$36,398
May 20021,63568224.663.58$42,763
Apr 20021,29466023.653.51$32,921
Mar 200298968222.003.10$23,874
Feb 200292584018.222.38$18,849
Jan 20021,21693017.172.38$23,088
Dec 20011,14693016.932.36$21,601
Nov 20011,56790018.072.41$30,481
Oct 20011,97190019.782.53$41,262
Sep 20011,63966024.262.25$41,248
Aug 20011,49837224.873.05$38,391
Jul 20012,51737223.933.20$61,421
Jun 20011,29636024.563.82$33,206
May 20011,31236625.524.31$35,059
Apr 20015,21154024.685.34$131,489
Mar 20011,97955824.545.38$51,565
Feb 20011,68250427.755.77$49,582
Jan 20011,04855827.478.40$33,475
Dec 20001,16655826.889.12$36,432
Nov 20001,15454032.215.66$40,226
Oct 20001,35255831.235.15$45,094
Sep 20001,27856031.875.19$43,634
Aug 20001,46555829.644.54$45,956
Jul 20001,44055828.534.09$43,365
Jun 20001,67254029.304.40$51,364
May 20001,40455827.263.68$40,326
Apr 20001,21054024.513.12$31,340
Mar 20001,83155828.422.86$53,633
Feb 20001,29452227.622.73$37,164
Jan 20001,63074425.272.48$43,036
Dec 19991,90974424.282.42$48,154
Nov 19991,40954023.192.43$33,989
Oct 19991,86779420.982.80$41,396
Sep 19991,94654021.752.62$43,740
Aug 19991,47955819.262.88$30,090
Jul 19991,55437817.892.37$28,698
Jun 19991,28754015.942.36$21,790
May 19991,37555815.792.32$23,006
Apr 19992,42154015.102.21$37,749
Mar 199954255812.471.84$7,785
Feb 19991,1895049.981.82$12,782
Jan 19991,70955810.381.90$18,800
Dec 19981,2785589.201.77$12,747
Nov 19981,50554010.892.19$17,570
Oct 19981,55855812.421.97$20,449
Sep 19981,37454012.592.08$18,423
Aug 19981,96555811.301.91$23,269
Jul 19981,84955811.742.24$22,956
Jun 19981,58154011.242.24$18,979
May 19982,23555812.622.21$29,437
Apr 19982,25672013.042.51$31,222
Mar 19982,17674412.802.31$29,571
Feb 19982,58267213.952.30$37,564
Jan 19982,85093014.702.15$43,899
Dec 19972,22393016.322.41$38,522
Nov 19971,71890018.193.09$34,030
Oct 19971,65793019.253.15$34,827
Sep 19972,14690017.742.95$40,729
Aug 19972,50493017.862.55$47,097
Jul 19972,08990617.582.25$38,760
Jun 19972,12090017.242.26$38,580
May 19971,7721,05418.972.31$36,048
Apr 19972,21759217.882.08$40,873
Mar 19972,95475518.951.94$57,442
Feb 19971,3291,12020.492.21$29,702
Jan 19971,53490023.483.54$39,204
Dec 19964,1521,24023.32$96,825
Nov 19963,3772,37021.97$74,193
Oct 19963,4682,44923.31$80,839
Sep 19962,9572,37022.22$65,705
Aug 19964,5652,75920.26$92,487
Jul 19963,68591219.55$72,042
Jun 19964,19691018.73$78,591
May 19965,02891219.43$97,694
Apr 19964,86388221.51$104,603
Mar 19964,41893019.38$85,621
Feb 19964,03087016.98$68,429
Jan 19964,61573817.07$78,778
Dec 19952,92877517.19$50,332
Nov 19953,51078016.00$56,160
Oct 19953,42393015.43$52,817
Sep 19953,1411,08016.18$50,821
Aug 19953,48774415.92$55,513
Jul 19954,50674415.24$68,671
Jun 19952,30518616.41$37,825
May 19952,94318617.56$51,679
Apr 19951,45218017.73$25,744
Mar 19952,563016.44$42,136
Feb 1995720016.58$11,938
Jan 19951,101115.92$17,528
Dec 19941,710115.03$25,701
Nov 19941,505115.90$23,930
Oct 19941,677115.58$26,128
Sep 19941,628115.29$24,892
Aug 19941,647116.13$26,566
Jul 19941,529117.56$26,849
Jun 19942,028117.09$34,659
May 1994736115.88$11,688
Apr 19941,619114.14$22,893
Mar 19941,790112.46$22,303
Feb 19941,461112.50$18,263
Jan 19941,873112.66$23,712
Dec 19930112.33$0
Nov 19931,856114.49$26,893
Oct 19931,996115.85$31,637
Sep 19932,435115.03$36,598
Aug 19932,729115.66$42,736
Jul 19932,304115.46$35,620
Jun 19932,786116.79$46,777
May 19931,869117.68$33,044
Apr 19932,302118.05$41,551
Mar 19932,613118.14$47,400
Feb 19931,844117.90$33,008
Jan 19932,454116.93$41,546

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.

May 2026 — as filed, then multipliedworked
Oil                  477 bbl  × $106.41 =    $50,758
Casinghead gas       120 Mcf  × $  3.05 =       $366

────────────────────────────────────────────────────
Month total                                  $51,123

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/12650 is the state's own key, not one this site invented.