PIERCE ESTATE C

Operated by APACHE CORPORATION (P-5 27200) in the MAGNET WITHERS (F-22 A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25205District 03Field 56688432OilCasinghead gasSaveExport
Value, all time
$6.0 M
Aug 2008 – Apr 2018
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
117
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 2 leases and 8 wells, and the rule below applies to all of them.

Discovered
1963-05-16
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
OilDisposition79,722 bbl$5,720,617
Casinghead gasProduction75,990 Mcf$311,025
Total$6,031,641

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 29.1525, -96.0964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.15246, -96.09643 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,282 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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.
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 7,282 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-481350162497,282 ftDec 2019Yes

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 (117)

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

117 months

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 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20171047.523.09$48
Aug 201760145.373.00$2,725
Jul 201725912043.873.09$11,733
Jun 201726110442.493.09$11,411
May 201728212845.373.26$13,212
Apr 20172596547.933.21$12,623
Mar 20171404346.772.98$6,676
Feb 20171304450.452.95$6,688
Jan 20171264449.413.42$6,376
Dec 20161322448.763.72$6,526
Nov 20162011142.492.64$8,570
Oct 201617518246.193.09$8,646
Sep 20161242641.553.10$5,233
Aug 20161358041.442.92$5,828
Jul 201619516241.622.92$8,590
Jun 201628332045.352.69$13,694
May 201648831542.521.99$21,377
Apr 201621523436.561.99$8,326
Mar 201619023633.011.79$6,695
Feb 201631424526.472.06$8,817
Jan 201636224927.352.36$10,489
Dec 201529425332.362.00$10,020
Nov 201530414738.792.17$12,111
Oct 201526813743.552.43$12,004
Sep 201516915542.992.76$7,693
Aug 201519415940.162.87$8,248
Jul 201526314648.152.95$13,093
Jun 201523013956.152.88$13,315
May 201524542555.212.96$14,783
Apr 201521655249.822.71$12,255
Mar 201523552242.892.93$11,611
Feb 2015211044.662.98$9,423
Jan 2015237043.433.10$10,293
Dec 2014176054.693.59$9,625
Nov 2014164070.464.25$11,555
Oct 2014242078.303.90$18,949
Sep 2014288086.164.05$24,814
Aug 2014288089.394.04$25,744
Jul 20142661,11396.564.18$30,337
Jun 20142291,07398.164.74$27,561
May 201430349494.734.73$31,038
Apr 201430666595.944.81$32,556
Mar 20143231,16895.895.06$36,879
Feb 20143061,57897.406.19$39,575
Jan 20143611,57290.404.86$40,275
Dec 20133741,55491.824.35$41,108
Nov 20134081,65288.853.74$42,426
Oct 20133991,31297.423.78$43,829
Sep 20134151,290104.113.72$48,002
Aug 2013366936104.253.52$41,453
Jul 2013339576102.523.72$36,896
Jun 201333439494.403.93$33,079
May 201331342294.834.15$31,433
Apr 201326833993.964.28$26,633
Mar 201337159593.623.91$37,061
Feb 201332360691.233.42$31,540
Jan 201339484291.603.42$38,970
Dec 201245287086.773.42$42,196
Nov 201246777086.953.62$43,397
Oct 20124791,01289.383.40$46,254
Sep 201241254194.672.92$40,583
Aug 201241469792.662.91$40,388
Jul 201239867585.133.02$35,921
Jun 201240378579.822.52$34,145
May 20124691,16691.612.49$45,866
Apr 20126062,076101.652.00$65,745
Mar 20126641,220105.052.22$72,464
Feb 2012550938101.102.57$58,016
Jan 20124982,22598.092.73$54,932
Dec 20116222,05096.873.24$66,895
Nov 201154549695.723.31$53,810
Oct 20114081,41284.983.65$39,824
Sep 201142696883.623.99$39,480
Aug 20115801,13083.404.15$53,061
Jul 20116561,12994.144.52$66,856
Jun 201153396992.904.64$54,012
May 201162739898.134.40$63,281
Apr 2011678459105.964.33$73,830
Mar 201170745996.364.06$69,989
Feb 201177866685.644.18$69,412
Jan 201187279686.504.59$79,081
Dec 201088849785.734.35$78,289
Nov 20101,04826380.843.80$85,718
Oct 20101,06642078.103.51$84,728
Sep 201091746272.633.98$68,440
Aug 201094784273.684.42$73,496
Jul 20101,0481,59272.554.74$83,573
Jun 20109611,50370.364.91$74,996
May 201031847471.124.24$24,624
Apr 20101,5901,35481.694.12$135,469
Mar 20101,6441,25278.394.39$134,368
Feb 20101,50834173.585.44$112,814
Jan 20101,69033374.365.96$127,654
Dec 20091,99943571.445.48$145,194
Nov 20092,79984274.593.75$211,936
Oct 20092,64095772.544.11$195,439
Sep 20092,5081,00565.543.06$167,454
Aug 20092,7181,20567.423.22$187,126
Jul 20092,8921,47461.133.46$181,895
Jun 20092,6731,32466.163.90$182,003
May 20092,48793954.743.93$139,825
Apr 20091,7781,06746.773.59$86,985
Mar 20091,9571,12142.144.06$87,018
Feb 20091,6331,06332.814.63$58,504
Jan 20091,8251,26635.865.37$72,244
Dec 20081,9561,23337.105.98$79,937
Nov 20081,8431,51455.496.86$112,655
Oct 20082,4661,45075.246.92$195,579
Sep 20082,7261,626101.767.88$290,206
Aug 20081,199780114.228.48$143,567

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.

Sep 2017 — as filed, then multipliedworked
Oil                    1 bbl  × $ 47.52 =        $48
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                      $48

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/25205 is the state's own key, not one this site invented.