PIERCE RANCH N 4850 UNIT

Operated by MCGOWAN WORKING PARTNERS, INC. (P-5 549836) in the PIERCE RANCH (4850) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24337District 03Field 71451400OilCasinghead gasSaveExport
Value, all time
$17.6 M
May 2003 – May 2026
Value, last 12 filed months
$326 k
at the published price for each month
Months reported
277
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 13 leases and 22 wells, and the rule below applies to all of them.

Discovered
1978-02-10
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 field rule took effect on 1979-06-25.

The Commission's schedule remark for this field reads: 49B FIELD 4-1-83 PER LETTER DATED 4-8-83.

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
OilDisposition247,098 bbl$17,022,625
Casinghead gasProduction111,886 Mcf$590,881
Total$17,613,506

Wells on this lease (6)

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 29.2402, -96.1557. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.3 miles.

29.24020, -96.15697 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
5,751 ft
6 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.
6100.0%

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

Between 5,013 and 6,514 ft, median 5,751 ft, over the 6 wells that filed a depth.

Completions filed
Nov 1978 – Jun 2012
6 of 6 wells

6 wells

42-4813248916,400 ftJun 2012
42-48131105E 7D5,101 ftNov 2010
42-48132461J 26,418 ftApr 2001
42-48132533J 55,013 ftSep 1983
42-48132058E 125,053 ftMay 1983
42-48131077E 5 F6,514 ftNov 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 (277)

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

277 months

May 2026361360106.413.05$39,511
Apr 202636236098.932.87$36,846
Mar 202642537289.753.15$39,315
Feb 202634533663.503.75$23,168
Jan 202626832459.138.00$18,438
Dec 202540239256.664.41$24,507
Nov 202537240658.593.93$23,390
Oct 202533543459.383.30$21,327
Sep 202533340662.743.08$22,142
Aug 202543430863.933.01$28,674
Jul 202533643466.743.32$23,863
Jun 202535042066.483.13$24,582
May 202533343460.553.23$21,566
Apr 202533742062.363.54$22,503
Mar 202539943467.704.27$28,865
Feb 202532737870.884.34$24,819
Jan 202528935074.324.28$22,976
Dec 202437343468.993.12$27,088
Nov 202438142069.052.20$27,231
Oct 202437943471.372.28$28,039
Sep 202431139269.612.36$22,576
Aug 202431343475.632.06$24,568
Jul 202437423879.932.15$30,405
Jun 202440942078.082.63$33,041
May 202425536478.812.20$20,897
Apr 202447042084.451.66$40,388
Mar 202437043480.301.55$30,382
Feb 202439140676.091.78$30,475
Jan 202445240673.023.30$34,344
Dec 202335143471.262.61$26,145
Nov 202338240677.892.81$30,894
Oct 202331743485.443.09$28,424
Sep 202352340689.042.74$47,678
Aug 202336143480.522.67$30,228
Jul 202346643474.852.64$36,027
Jun 202315323868.962.26$11,088
May 202334843470.622.23$25,542
Apr 202327339278.122.24$22,204
Mar 202327043472.852.39$20,708
Feb 202328539275.112.47$22,373
Jan 202332943476.533.39$26,649
Dec 202230442076.415.73$25,635
Nov 202227540685.005.65$25,667
Oct 202233842087.185.86$31,930
Sep 202232842084.888.16$31,269
Aug 202230840694.529.13$32,818
Jul 2022329434101.587.54$36,693
Jun 2022417420115.097.98$51,343
May 2022492434109.378.43$57,470
Apr 2022428406104.226.84$47,382
Mar 2022506294108.885.08$56,586
Feb 202229533291.054.86$28,473
Jan 202228929481.844.54$24,986
Dec 202143443471.323.90$32,645
Nov 202112816877.435.24$10,791
Oct 202132043479.795.71$28,013
Sep 202133342069.865.35$25,511
Aug 202130943466.024.22$22,232
Jul 202134343470.783.98$26,006
Jun 202136842069.493.38$26,992
May 202138043463.483.02$25,432
Apr 202138142060.362.76$24,156
Mar 202134643461.302.72$22,389
Feb 202128517657.805.55$17,449
Jan 202133523250.412.81$17,539
Dec 202042024844.642.68$19,412
Nov 20205424038.772.71$2,743
Oct 202039724836.972.48$15,292
Sep 202024421637.091.99$9,480
Aug 202037524839.982.39$15,584
Jul 202036624838.371.83$14,496
Jun 202038024034.901.69$13,668
May 202027524816.921.81$5,103
Apr 202039924014.751.80$6,318
Mar 202035524830.341.86$11,231
Feb 202026523249.881.98$13,678
Jan 202037024057.252.09$21,685
Dec 201938024859.012.30$22,995
Nov 201940524055.302.75$23,057
Oct 201939124853.472.42$21,507
Sep 201939924055.052.66$22,603
Aug 201939323253.112.30$21,407
Jul 201942924856.272.46$24,750
Jun 201945323252.782.49$24,487
May 201963524858.482.74$37,814
Apr 201966024062.632.75$41,996
Mar 201964824856.803.06$37,566
Feb 201944813650.852.79$23,161
Jan 201960724846.033.23$28,741
Dec 201860824846.594.19$29,365
Nov 201862824052.934.24$34,257
Oct 201877324861.443.40$48,336
Sep 201850624059.543.11$30,873
Aug 201886124059.403.07$51,879
Jul 201876824865.142.93$50,755
Jun 201876924060.183.08$47,017
May 201876024865.382.90$50,408
Apr 201885424063.842.90$55,216
Mar 20181,05124861.222.79$65,033
Feb 201882921661.782.77$51,813
Jan 201888224462.874.01$56,430
Dec 201758212057.272.92$33,682
Nov 201792823255.423.12$52,153
Oct 20171,03024849.292.98$51,509
Sep 20172246447.523.09$10,842
Aug 201755519245.373.00$25,757
Jul 201772124043.873.09$32,371
Jun 201795824042.493.09$41,446
May 201792124845.373.26$42,595
Apr 201796724047.933.21$47,119
Mar 201781419246.772.98$38,644
Feb 201767322450.452.95$34,614
Jan 20171,07524849.413.42$53,964
Dec 20161,04323248.763.72$51,720
Nov 20161,12721642.492.64$48,457
Oct 20161,03024846.193.09$48,342
Sep 201687824041.553.10$37,225
Aug 201645316041.442.92$19,240
Jul 20163826441.622.92$16,086
Jun 20161,15724045.352.69$53,115
May 20161,15424842.521.99$49,562
Apr 20161,23624036.561.99$45,666
Mar 20161,20523233.011.79$40,193
Feb 20161,10723226.472.06$29,781
Jan 20161,23023227.352.36$34,189
Dec 20151,28224832.362.00$41,982
Nov 20151,36123238.792.17$53,296
Oct 201599024843.552.43$43,716
Sep 20151,35224042.992.76$58,785
Aug 20151,26624840.162.87$51,555
Jul 20151,41424848.152.95$68,814
Jun 20151,52824056.152.88$86,489
May 20151,54724855.212.96$86,143
Apr 20152,16022449.822.71$108,217
Mar 20151,72924042.892.93$74,861
Feb 20151,26321644.662.98$57,048
Jan 20151,49324843.433.10$65,610
Dec 20141,57624854.693.59$87,082
Nov 20141,65824070.464.25$117,843
Oct 20141,91924078.303.90$151,194
Sep 20141,79924086.164.05$155,973
Aug 20141,84824889.394.04$166,193
Jul 20141,69222496.564.18$164,316
Jun 20141,65124098.164.74$163,199
May 20141,88324894.734.73$179,549
Apr 20141,82524095.944.81$176,245
Mar 20141,80224895.895.06$174,048
Feb 20141,92922497.406.19$189,272
Jan 20142,33855890.404.86$214,067
Dec 20132,01255891.824.35$187,172
Nov 20132,10052288.853.74$188,536
Oct 20132,33055897.423.78$229,097
Sep 20132,221540104.113.72$233,236
Aug 20132,162248104.253.52$226,262
Jul 20132,550248102.523.72$262,348
Jun 20132,4166094.403.93$228,306
May 20132,6436294.834.15$250,893
Apr 20132,5636093.964.28$241,076
Mar 20131,6156093.623.91$151,431
Feb 20131,4705691.233.42$134,300
Jan 20131,6946291.603.42$155,382
Dec 20121,4846286.773.42$128,979
Nov 20121,4556086.953.62$126,730
Oct 20121,7016289.383.40$152,246
Sep 20121,0716094.672.92$101,567
Aug 20121,05224892.662.91$98,200
Jul 20121,04612485.133.02$89,421
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201165645686.504.59$58,836
Dec 20101,26758985.734.35$111,181
Nov 20101,14057080.843.80$94,321
Oct 20101,07958978.103.51$86,337
Sep 201098657072.633.98$73,881
Aug 201071836173.684.42$54,498
Jul 20101,14153272.554.74$85,299
Jun 20101,46357070.364.91$105,736
May 20101,40358971.124.24$102,276
Apr 20101,03953281.694.12$87,069
Mar 20101,22158978.394.39$98,299
Feb 201060753273.585.44$47,558
Jan 20109089374.365.96$68,074
Dec 20091,1499071.445.48$82,578
Nov 20091,1429074.593.75$85,519
Oct 20091,13518072.544.11$83,073
Sep 200997757065.543.06$65,779
Aug 20091,14536167.423.22$78,358
Jul 20091,28258961.133.46$80,409
Jun 20091,13451366.163.90$77,024
May 20090054.743.93$0
Apr 20091,63551346.773.59$78,309
Mar 20091,85951342.144.06$80,421
Feb 20092,15085532.814.63$74,503
Jan 20091,9831,15935.865.37$77,335
Dec 20082,4581,17837.105.98$98,233
Nov 20082,6191,10255.496.86$152,888
Oct 20082,2291,08375.246.92$175,206
Sep 20082,348779101.767.88$245,069
Aug 20082,4371,102114.228.48$287,702
Jul 20081,613156131.0811.39$213,209
Jun 20082,166180131.3313.03$286,807
May 20082,355186123.1711.57$292,218
Apr 20082,204180110.3110.45$245,005
Mar 20082,981186101.909.66$305,561
Feb 20082,08719392.538.77$194,803
Jan 200874220690.388.21$68,752
Dec 200776283688.337.30$73,412
Nov 20071,2301,14091.677.29$121,067
Oct 20071,19196982.856.92$105,382
Sep 20071,1041,14075.846.24$90,846
Aug 20071,2031,06469.066.39$89,876
Jul 20071,3411,17870.906.39$102,602
Jun 20071,7471,14062.007.55$116,919
May 20072,0561,20958.747.85$130,256
Apr 20072,5091,15159.617.81$158,545
Mar 20072,9511,19056.927.30$176,660
Feb 20072,6521,07355.108.22$154,941
Jan 20072,41497050.306.73$127,949
Dec 20061,50149456.656.92$88,449
Nov 20062,5931,10254.207.62$148,935
Oct 20062,6631,17854.906.01$153,283
Sep 20061,9791,20060.085.04$124,943
Aug 20061,3091,06468.717.34$97,751
Jul 20061,6971,17869.376.34$125,193
Jun 20061,3051,02066.286.38$93,007
May 200648987966.016.42$37,926
Apr 200641590464.397.36$33,376
Mar 20063671,05456.707.08$28,274
Feb 200635770057.597.75$25,985
Jan 200654177560.598.93$39,703
Dec 200561668254.9413.42$42,992
Nov 200546775054.6910.59$33,482
Oct 200566959958.3413.80$47,293
Sep 200534958061.4512.08$28,452
Aug 200567977561.519.80$49,358
Jul 200549076055.697.84$33,249
Jun 200545747052.337.38$27,384
May 200548643245.226.65$24,850
Apr 20057101,17049.207.36$43,544
Mar 20054962,41850.377.15$42,284
Feb 200559761645.226.31$30,884
Jan 200546868243.166.32$24,511
Dec 200462168239.866.75$29,357
Nov 200437046045.286.33$19,666
Oct 200439049249.706.52$22,588
Sep 200451748043.245.28$24,891
Aug 200449462042.375.55$24,372
Jul 200467849638.286.08$28,972
Jun 200465747636.106.43$26,780
May 200464049637.486.49$27,209
Apr 200449348034.475.86$19,806
Mar 200428362034.365.53$13,153
Feb 200438758032.455.51$15,754
Jan 200471161432.036.30$26,641
Dec 200369537230.266.30$23,375
Nov 200339436028.804.60$13,001
Oct 200368137228.174.76$20,954
Sep 200383748026.314.75$24,301
Aug 200350248429.765.13$17,422
Jul 200358649629.415.17$19,799
Jun 200352048028.565.98$17,723
May 20032,13249626.595.97$59,652

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                  361 bbl  × $106.41 =    $38,414
Casinghead gas       360 Mcf  × $  3.05 =     $1,097

────────────────────────────────────────────────────
Month total                                  $39,511

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/24337 is the state's own key, not one this site invented.