PIERCE

Operated by GOLDSMITH OPERATING, LLC (P-5 313705) in the HALLIDAY (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19879District 03Field 38274666OilCasinghead gasSave
Value, all time
$1.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$11 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
OilDisposition39,569 bbl$1,579,012
Casinghead gasProduction19,896 Mcf$62,946
Total$1,641,958

4,879 Mcf of this lease's gas, across 44 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.

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 202603398.932.87$95
Mar 20260989.753.15$28
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250156.664.41$4
Nov 20251783258.593.93$10,555
Oct 202502359.383.30$76
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202501460.553.23$45
Apr 202502862.363.54$99
Mar 2025188967.704.27$12,766
Feb 202503370.884.34$143
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240469.052.20$9
Oct 202403571.372.28$80
Sep 20241833769.612.36$12,826
Aug 202404175.632.06$85
Jul 20240979.932.15$19
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240580.301.55$8
Feb 20241952976.091.78$14,889
Jan 202403573.023.30$115
Dec 202303171.262.61$81
Nov 202302977.892.81$81
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202302480.522.67$64
Jul 20231922674.852.64$14,440
Jun 202303768.962.26$84
May 202302470.622.23$53
Apr 20231782478.122.24$13,959
Mar 202303872.852.39$91
Feb 202302575.112.47$62
Jan 20231823976.533.39$14,061
Dec 202202676.415.73$149
Nov 202202785.005.65$152
Oct 2022188287.185.86$16,402
Sep 202203084.888.16$245
Aug 20221797894.529.13$17,631
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 202202081.844.54$91
Dec 202104571.323.90$175
Nov 20211712077.435.24$13,345
Oct 202104779.795.71$269
Sep 20211633569.865.35$11,574
Aug 202104966.024.22$207
Jul 202103070.783.98$119
Jun 20211784369.493.38$12,515
May 20211644563.483.02$10,547
Apr 202105560.362.76$152
Mar 20211654461.302.72$10,234
Feb 202104057.805.55$222
Jan 20211674750.412.81$8,551
Dec 202001544.642.68$40
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20201652238.371.83$6,371
Jun 20201664934.901.69$5,876
May 202003616.921.81$65
Apr 202004014.751.80$72
Mar 202005130.341.86$95
Feb 20201693349.881.98$8,495
Jan 20201625457.252.09$9,388
Dec 201904559.012.30$104
Nov 20191814555.302.75$10,133
Oct 201904453.472.42$106
Sep 20191613555.052.66$8,956
Aug 201907553.112.30$173
Jul 20191602856.272.46$9,072
Jun 201902852.782.49$70
May 20191636458.482.74$9,708
Apr 20191764362.632.75$11,141
Mar 201906856.803.06$208
Feb 20191764350.852.79$9,070
Jan 20191748446.033.23$8,280
Dec 20181748246.594.19$8,450
Nov 201808352.934.24$352
Oct 20181702861.443.40$10,540
Sep 20180059.543.11$0
Aug 201805459.403.07$166
Jul 20181713865.142.93$11,250
Jun 20181587860.183.08$9,748
May 20180565.382.90$15
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 20170955.423.12$28
Oct 20171567649.292.98$7,916
Sep 20171614347.523.09$7,783
Aug 20171687845.373.00$7,857
Jul 201701143.873.09$34
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201704550.452.95$133
Jan 20171693849.413.42$8,480
Dec 20161696248.763.72$8,471
Nov 201605342.492.64$140
Oct 20161606146.193.09$7,579
Sep 20161647741.553.10$7,053
Aug 20161576341.442.92$6,690
Jul 201605441.622.92$158
Jun 20161713645.352.69$7,852
May 20161638142.521.99$7,092
Apr 201616314836.561.99$6,254
Mar 201601733.011.79$31
Feb 201602326.472.06$47
Jan 20161662127.352.36$4,590
Dec 201502732.362.00$54
Nov 20150038.792.17$0
Oct 20150643.552.43$15
Sep 201501342.992.76$36
Aug 201501740.162.87$49
Jul 20151621148.152.95$7,833
Jun 201501856.152.88$52
May 201502255.212.96$65
Apr 201514249.822.71$164
Mar 20151583842.892.93$6,888
Feb 20151603344.662.98$7,244
Jan 201501243.433.10$37
Dec 201403754.693.59$133
Nov 20141651170.464.25$11,673
Oct 201402378.303.90$90
Sep 201401786.164.05$69
Aug 201402689.394.04$105
Jul 2014165096.564.18$15,932
Jun 201404298.164.74$199
May 20140994.734.73$43
Apr 201401795.944.81$82
Mar 201402995.895.06$147
Feb 2014171497.406.19$16,680
Jan 201401390.404.86$63
Dec 201305391.824.35$231
Nov 20131702988.853.74$15,213
Oct 201304597.423.78$170
Sep 2013016104.113.72$59
Aug 2013040104.253.52$141
Jul 201316929102.523.72$17,434
Jun 201303594.403.93$138
May 20131823594.834.15$17,404
Apr 201302593.964.28$107
Mar 20131653893.623.91$15,596
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201204589.383.40$153
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201203379.822.52$83
May 20121717491.612.49$15,849
Apr 201217147101.652.00$17,476
Mar 201216970105.052.22$17,909
Feb 201217042101.102.57$17,295
Jan 20121707298.092.73$16,872
Dec 20111805896.873.24$17,625
Nov 201115995.723.31$291
Oct 201117584.983.65$359
Sep 20111879183.623.99$16,000
Aug 20113608083.404.15$30,356
Jul 20111818594.144.52$17,423
Jun 20111828092.904.64$17,279
May 201106998.134.40$304
Apr 2011163105.964.33$379
Mar 20111915096.364.06$18,608
Feb 20111888485.644.18$16,451
Jan 201101586.504.59$69
Dec 201001385.734.35$57
Nov 20101929880.843.80$15,893
Oct 201001378.103.51$46
Sep 201001172.633.98$44
Aug 201038415473.684.42$28,974
Jul 20101916472.554.74$14,160
Jun 201004270.364.91$206
May 20100071.124.24$0
Apr 201001381.694.12$54
Mar 201005378.394.39$233
Feb 20101915173.585.44$14,331
Jan 201002074.365.96$119
Dec 200903371.445.48$181
Nov 20091893274.593.75$14,218
Oct 200901572.544.11$62
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200901461.133.46$49
Jun 200905566.163.90$214
May 20092011654.743.93$11,066
Apr 200904146.773.59$147
Mar 200902542.144.06$101
Feb 20091844632.814.63$6,250
Jan 200904935.865.37$263
Dec 20082065437.105.98$7,965
Nov 200804055.496.86$274
Oct 20082022775.246.92$15,385
Sep 2008029101.767.88$228
Aug 200818240114.228.48$21,127
Jul 2008042131.0811.39$478
Jun 2008166131.3313.03$991
May 200819828123.1711.57$24,712
Apr 2008022110.3110.45$230
Mar 200805101.909.66$48
Feb 20080092.538.77$0
Jan 200802890.388.21$230
Dec 20072014388.337.30$18,068
Nov 200701491.677.29$102
Oct 200706382.856.92$436
Sep 20071974975.846.24$15,246
Aug 20070869.066.39$51
Jul 200702070.906.39$128
Jun 200724162.007.55$433
May 20071972958.747.85$11,799
Apr 200702059.617.81$156
Mar 20071844956.927.30$10,831
Feb 200703355.108.22$271
Jan 200702350.306.73$155
Dec 200603956.656.92$270
Nov 20061842154.207.62$10,133
Oct 200613554.906.01$265
Sep 20061792460.085.04$10,875
Aug 200603468.717.34$250
Jul 200603869.376.34$241
Jun 20061762466.286.38$11,818
May 20061166.016.42$72
Apr 200602364.397.36$169
Mar 20061826356.707.08$10,766
Feb 200603157.597.75$240
Jan 20061827060.598.93$11,653
Dec 200507554.9413.42$1,006
Nov 20051853854.6910.59$10,520
Oct 200504258.3413.80$579
Sep 20051967361.4512.08$12,926
Aug 200526061.519.80$711
Jul 20051645155.697.84$9,533
Jun 20051636652.337.38$9,017
May 200503645.226.65$239
Apr 20051936549.207.36$9,974
Mar 20051935650.377.15$10,122
Feb 200506345.226.31$398
Jan 20051847243.166.32$8,397
Dec 20042025939.866.75$8,450
Nov 200406145.286.33$386
Oct 20041967349.706.52$10,217
Sep 20041995643.245.28$8,901
Aug 200407642.375.55$422
Jul 20041914338.286.08$7,573
Jun 200406836.106.43$437
May 20041966337.486.49$7,755
Apr 20041958034.475.86$7,190
Mar 20042006034.365.53$7,204
Feb 200405632.455.51$309
Jan 20042005332.036.30$6,740
Dec 20030930.266.30$57
Nov 20030428.804.60$18
Oct 20031975528.174.76$5,811
Sep 200306326.314.75$299
Aug 20031935629.765.13$6,031
Jul 200305629.415.17$290
Jun 20031845328.565.98$5,572
May 20031657226.595.97$4,817
Apr 200306826.675.41$368
Mar 20031716031.146.10$5,691
Feb 20031706833.487.93$6,231
Jan 20031807530.315.58$5,874
Dec 20021856526.914.85$5,294
Nov 20021808224.664.14$4,778
Oct 20021788426.464.23$5,065
Sep 200205027.443.64$182
Aug 20020025.963.16$0
Jul 20021717424.583.06$4,430
Jun 20021737823.733.34$4,366
May 20021699224.663.58$4,497
Apr 200204823.653.51$169
Mar 20021676322.003.10$3,869
Feb 20021757718.222.38$3,371
Jan 20021767117.172.38$3,191
Dec 20011726616.932.36$3,068
Nov 20011738918.072.41$3,340
Oct 200104219.782.53$106
Sep 20011717224.262.25$4,311
Aug 20011685924.873.05$4,358
Jul 200108023.933.20$256
Jun 20013327124.563.82$8,425
May 200106325.524.31$271
Apr 20011657024.685.34$4,446
Mar 20011756024.545.38$4,617
Feb 20011848927.755.77$5,619
Jan 20011808827.478.40$5,684
Dec 20001768026.889.12$5,461
Nov 200006532.215.66$368
Oct 20001807631.235.15$6,012
Sep 20001786031.875.19$5,984
Aug 200017111829.644.54$5,604
Jul 20001709528.534.09$5,239
Jun 20001823129.304.40$5,469
May 200003427.263.68$125
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20001796127.622.73$5,110
Jan 200005225.272.48$129
Dec 19990024.282.42$0
Nov 19991827023.192.43$4,391
Oct 199907520.982.80$210
Sep 19993427221.752.62$7,627
Aug 199907919.262.88$227
Jul 19991749317.892.37$3,333
Jun 19991595415.942.36$2,662
May 19991808415.792.32$3,037
Apr 19991756315.102.21$2,782
Mar 19991679612.471.84$2,259
Feb 1999186749.981.82$1,991
Jan 19991768910.381.90$1,996
Dec 1998177739.201.77$1,758
Nov 199816910410.892.19$2,068
Oct 19981749112.421.97$2,340
Sep 19981739212.592.08$2,370
Aug 19981357311.301.91$1,665
Jul 19981928911.742.24$2,453
Jun 19981749211.242.24$2,162
May 19981788612.622.21$2,436
Apr 19981737213.042.51$2,436
Mar 199818710312.802.31$2,631
Feb 199817510313.952.30$2,678
Jan 199816910514.702.15$2,711
Dec 199717211216.322.41$3,077
Nov 199732812918.193.09$6,365
Oct 19971797819.253.15$3,691
Sep 199719111317.742.95$3,722
Aug 199734312817.862.55$6,453
Jul 19971729617.582.25$3,239
Jun 19971759617.242.26$3,234
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19971748118.951.94$3,454
Feb 19971748420.492.21$3,751
Jan 199717211823.483.54$4,456
Dec 199634511223.32$8,045
Nov 199617614121.97$3,867
Oct 199617913623.31$4,172
Sep 199635014222.22$7,777
Aug 199635315520.26$7,152
Jul 19960019.55$0
Jun 19960018.73$0
May 199602619.43$0
Apr 199635014821.51$7,529
Mar 199636213119.38$7,016
Feb 199609316.98$0
Jan 19960017.07$0
Dec 19950317.19$0
Nov 19950016.00$0
Oct 19951906215.43$2,932
Sep 199520010616.18$3,236
Aug 199532511915.92$5,174
Jul 19951799715.24$2,728
Jun 19951819116.41$2,970
May 199517510717.56$3,073
Apr 199517911217.73$3,174
Mar 199535313116.44$5,803
Feb 199517910816.58$2,968
Jan 199517813615.92$2,834
Dec 199435512215.03$5,336
Nov 199437315415.90$5,931
Oct 199404215.58$0
Sep 199416612815.29$2,538
Aug 19941791816.13$2,887
Jul 199436314417.56$6,374
Jun 199417617817.09$3,008
May 19941796715.88$2,843
Apr 199436910314.14$5,218
Mar 199420018212.46$2,492
Feb 199437011312.50$4,625
Jan 19941828212.66$2,304
Dec 19931811212.33$2,232
Nov 199318313814.49$2,652
Oct 199319216315.85$3,043
Sep 199335212015.03$5,291
Aug 19931798115.66$2,803
Jul 199317013315.46$2,628
Jun 199334616216.79$5,809
May 199335119017.68$6,206
Apr 199301718.05$0
Mar 19931787318.14$3,229
Feb 199337611317.90$6,730
Jan 199318718816.93$3,166

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                    0 bbl  × $ 98.93 =         $0
Casinghead gas        33 Mcf  × $  2.87 =        $95

────────────────────────────────────────────────────
Month total                                      $95

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/19879 is the state's own key, not one this site invented.