PIERCE ESTATES C

Operated by REMORA MANAGEMENT, LLC (P-5 701560) in the MAGNET WITHERS (F-19) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24959District 03Field 56688369OilCasinghead gasSaveExport
Value, all time
$26.0 M
Jan 2007 – May 2026
Value, last 12 filed months
$955 k
at the published price for each month
Months reported
233
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 3 leases and 15 wells, and the rule below applies to all of them.

Discovered
1963-08-19
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition332,191 bbl$24,581,526
Casinghead gasProduction361,726 Mcf$1,453,742
Total$26,035,269

Wells on this lease (5)

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 29.1534, -96.0987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

29.15283, -96.09739 · 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
40.0%
2 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
7,300 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
240.0%
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.
360.0%

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 7,200 and 7,524 ft, median 7,300 ft, over the 5 wells that filed a depth.

Completions filed
Jan 2009 – Jul 2021
5 of 5 wells

5 wells

42-48134741C2407,200 ftJul 2021Yes
42-48135189B1627,300 ftMay 2021
42-48135177C2597,500 ftJan 2012
42-48135136C2517,219 ftNov 2010
42-48133792B1467,524 ftJan 2009Yes

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 (233)

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

233 months

May 20261,427713106.413.05$154,019
Apr 202692774698.932.87$93,849
Mar 20261,10948289.753.15$101,051
Feb 202664829963.503.75$42,269
Jan 20261,1811,18059.138.00$79,270
Dec 20259921,06856.664.41$60,920
Nov 20251,14634458.593.93$68,495
Oct 20251,0487459.383.30$62,475
Sep 20259223962.743.08$57,966
Aug 20259984463.933.01$63,935
Jul 20251,2459866.743.32$83,416
Jun 20251,3171966.483.13$87,614
May 20251,26111660.553.23$76,729
Apr 20251,2192662.363.54$76,109
Mar 20251,2381267.704.27$83,864
Feb 20251,09632270.884.34$79,082
Jan 20251,20014674.324.28$89,809
Dec 20241,44011868.993.12$99,714
Nov 20247073869.052.20$48,902
Oct 20241,8118171.372.28$129,436
Sep 20241,41731469.612.36$99,380
Aug 20241,47332875.632.06$112,080
Jul 20241,78536979.932.15$143,467
Jun 20241,47242378.082.63$116,048
May 20241,48261678.812.20$118,151
Apr 20241,5221,04984.451.66$130,273
Mar 20241,61561280.301.55$130,630
Feb 20241,5421,20176.091.78$119,473
Jan 20241,17035673.023.30$86,607
Dec 20231,32043471.262.61$95,196
Nov 20231,3211,41777.892.81$106,871
Oct 20231,5951,62685.443.09$141,297
Sep 20231,4411,77889.042.74$133,170
Aug 20231,0791,29780.522.67$90,348
Jul 20239671,35574.852.64$75,960
Jun 20231,1281,28868.962.26$80,696
May 20231,1511,12870.622.23$83,796
Apr 20231,1771,50078.122.24$95,304
Mar 20231,4191,63972.852.39$107,297
Feb 20231,3922,09675.112.47$109,721
Jan 20231,5472,15176.533.39$125,679
Dec 20221,2502,10076.415.73$107,544
Nov 20221,1971,92385.005.65$112,603
Oct 20221,3582,25587.185.86$131,613
Sep 20221,4662,05284.888.16$141,186
Aug 20221,4381,92094.529.13$153,444
Jul 20221,4242,066101.587.54$160,232
Jun 20221,4191,961115.097.98$178,956
May 20221,3982,134109.378.43$170,895
Apr 20221,3871,794104.226.84$156,820
Mar 20221,4812,041108.885.08$171,612
Feb 20229191,32991.054.86$90,132
Jan 20221,4052,10681.844.54$124,542
Dec 20211,4501,85171.323.90$110,631
Nov 20211,3372,16877.435.24$114,877
Oct 20211,7222,43779.795.71$151,323
Sep 20211,7522,48869.865.35$135,708
Aug 20211,7191,53066.024.22$119,946
Jul 20211,7421,81470.783.98$130,522
Jun 20211,6362,26169.493.38$121,329
May 20211,7772,70063.483.02$120,952
Apr 20211,7372,38560.362.76$111,424
Mar 20212,4984,07361.302.72$164,194
Feb 20211,1931,82557.805.55$79,080
Jan 202167057750.412.81$35,396
Dec 202049733744.642.68$23,088
Nov 202063441938.772.71$25,714
Oct 20206221,33536.972.48$26,304
Sep 20205171,07037.091.99$21,306
Aug 20205951,35539.982.39$27,020
Jul 20206851,56438.371.83$29,138
Jun 20206201,51734.901.69$24,202
May 20206971,50716.921.81$14,528
Apr 20206721,22114.751.80$12,115
Mar 20207011,45330.341.86$23,965
Feb 20206761,26149.881.98$36,217
Jan 20207271,36957.252.09$44,488
Dec 20197311,46059.012.30$46,501
Nov 20196861,33855.302.75$41,616
Oct 20191,0901,54653.472.42$62,021
Sep 20197791,55555.052.66$47,016
Aug 20197984,50353.112.30$52,758
Jul 20198191,70556.272.46$50,280
Jun 20197271,38352.782.49$41,816
May 20198481,91258.482.74$54,831
Apr 20196891,57162.632.75$47,473
Mar 20196611,64656.803.06$42,585
Feb 20196811,34350.852.79$38,379
Jan 20197121,32446.033.23$37,047
Dec 20188511,38946.594.19$45,462
Nov 20188031,34752.934.24$48,210
Oct 20188251,60061.443.40$56,125
Sep 20188181,45959.543.11$53,238
Aug 20187051,36759.403.07$46,069
Jul 20187102,01865.142.93$52,166
Jun 20189522,13360.183.08$63,854
May 20188682,10165.382.90$62,844
Apr 20188731,57863.842.90$60,310
Mar 20187781,46361.222.79$51,706
Feb 20186561,08461.782.77$43,526
Jan 20186451,39262.874.01$46,132
Dec 201775015357.272.92$43,399
Nov 201783615055.423.12$46,799
Oct 201796218349.292.98$47,963
Sep 201775414247.523.09$36,268
Aug 20179296145.373.00$42,332
Jul 201798015443.873.09$43,468
Jun 201797412642.493.09$41,774
May 20171,00416445.373.26$46,087
Apr 20171,02313047.933.21$49,450
Mar 20171,21116146.772.98$57,119
Feb 20171,19216650.452.95$60,627
Jan 20171,19116549.413.42$59,411
Dec 20161,3046848.763.72$63,836
Nov 20169973842.492.64$42,463
Oct 20161,13173646.193.09$54,515
Sep 20161,0011,66541.553.10$46,754
Aug 20161,0842,23441.442.92$51,454
Jul 20161,1282,22141.622.92$53,442
Jun 20161,2702,33945.352.69$63,877
May 20161,7682,20542.521.99$79,566
Apr 20161,6641,91036.561.99$64,639
Mar 20161,8611,31333.011.79$63,787
Feb 20161,7431,88226.472.06$50,021
Jan 20161,7911,86927.352.36$53,403
Dec 20151,6131,17632.362.00$54,550
Nov 20151,6361,11038.792.17$65,866
Oct 20151,8191,23043.552.43$82,202
Sep 20152,0371,83042.992.76$92,619
Aug 20151,9601,80440.162.87$83,896
Jul 20151,7831,86548.152.95$91,344
Jun 20151,0581,23656.152.88$62,970
May 20151,2231,42455.212.96$71,730
Apr 20151,1091,95249.822.71$60,534
Mar 20151,1491,43542.892.93$53,492
Feb 20151,0388144.662.98$46,598
Jan 20151,2726743.433.10$55,451
Dec 20141,2986454.693.59$71,217
Nov 20141,3497270.464.25$95,357
Oct 20141,83911478.303.90$144,438
Sep 20141,81016786.164.05$156,625
Aug 20141,95418789.394.04$175,423
Jul 20142,06385796.564.18$202,785
Jun 20141,8511,71598.164.74$189,818
May 20142,05392194.734.73$198,834
Apr 20141,6971,01695.944.81$167,696
Mar 20141,8412,01795.895.06$186,733
Feb 20141,8842,46897.406.19$198,783
Jan 20141,8351,95290.404.86$175,372
Dec 20131,6131,47191.824.35$154,511
Nov 20131,7392,18688.853.74$162,682
Oct 20132,3343,11797.423.78$239,159
Sep 20132,2922,662104.113.72$248,517
Aug 20132,4832,140104.253.52$266,391
Jul 20132,2512,947102.523.72$241,729
Jun 20132,0331,74494.403.93$198,775
May 20132,06289694.834.15$199,257
Apr 20132,32791093.964.28$222,542
Mar 20132,6411,43393.623.91$252,858
Feb 20131,6652,65091.233.42$160,961
Jan 20131,9123,52991.603.42$187,208
Dec 20122,43385586.773.42$214,036
Nov 20122,4981,38286.953.62$222,211
Oct 20122,5062,96689.383.40$234,070
Sep 20122,0431,99394.672.92$199,227
Aug 20122,4532,12792.662.91$233,481
Jul 20122,6132,24585.133.02$229,226
Jun 20123,0374,65879.822.52$254,147
May 20123,6893,66691.612.49$347,071
Apr 20123,0873,018101.652.00$319,820
Mar 20122,6693,011105.052.22$287,069
Feb 20122,0204,599101.102.57$216,043
Jan 20127672,42098.092.73$81,852
Dec 20118753,10896.873.24$94,830
Nov 20118603,21295.723.31$92,955
Oct 20111,1443,02684.983.65$108,258
Sep 20111,0923,41983.623.99$104,940
Aug 20116243,26983.404.15$65,606
Jul 20118824,02694.144.52$101,218
Jun 20118883,80392.904.64$100,141
May 20111,0465,25598.134.40$125,791
Apr 20111,65414,475105.964.33$237,982
Mar 20112,26212,19096.364.06$267,425
Feb 20112,82318185.644.18$242,518
Jan 20113,28614,63786.504.59$351,405
Dec 20103,39417,39085.734.35$366,575
Nov 20103,0315,10480.843.80$264,397
Oct 20109493978.103.51$74,254
Sep 20101,0769672.633.98$78,532
Aug 20101,18320373.684.42$88,061
Jul 20101,11423872.554.74$81,948
Jun 20101,20420070.364.91$85,696
May 20101,29511271.124.24$92,575
Apr 20101,11114181.694.12$91,339
Mar 20101,32613078.394.39$104,516
Feb 20101,49615673.585.44$110,925
Jan 20101,76318274.365.96$132,182
Dec 20091,72818771.445.48$124,474
Nov 20091,81224474.593.75$136,072
Oct 20091,68727472.544.11$123,501
Sep 20091,63927765.543.06$108,269
Aug 20091,97431367.423.22$134,094
Jul 20092,01066361.133.46$125,168
Jun 20091,85860166.163.90$125,266
May 20091,24019754.743.93$68,651
Apr 20091,58335446.773.59$75,307
Mar 20092,31039742.144.06$98,955
Feb 20091,35437832.814.63$46,176
Jan 20091,42839735.865.37$53,340
Dec 20081,33134237.105.98$51,424
Nov 20081,95468355.496.86$113,113
Oct 20082,2551,09975.246.92$177,273
Sep 20081,5411,292101.767.88$166,989
Aug 20081,387551114.228.48$163,097
Jul 20081,3761,785131.0811.39$200,696
Jun 20081,6281,722131.3313.03$236,247
May 20081,8181,631123.1711.57$242,801
Apr 20081,205910110.3110.45$142,437
Mar 20081,1711,550101.909.66$134,304
Feb 20081,1401,79792.538.77$121,245
Jan 20081,3201,63890.388.21$132,743
Dec 20072,0441,13388.337.30$188,820
Nov 20072,6091,73091.677.29$251,782
Oct 20072,0991,01082.856.92$180,893
Sep 20071,68874175.846.24$132,645
Aug 20071,99082369.066.39$142,687
Jul 20071,15594670.906.39$87,932
Jun 20071,37185962.007.55$91,486
May 20071,78181958.747.85$111,042
Apr 20071,07722059.617.81$65,917
Mar 20071,8404756.927.30$105,076
Feb 20071,79627655.108.22$101,227
Jan 20071,05827150.306.73$55,040

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                1,427 bbl  × $106.41 =   $151,847
Casinghead gas       713 Mcf  × $  3.05 =     $2,172

────────────────────────────────────────────────────
Month total                                 $154,019

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/24959 is the state's own key, not one this site invented.