PIERCE ESTATE C

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

Oil lease lease 25285District 03Field 56688586OilCasinghead gasSaveExport
Value, all time
$5.3 M
Oct 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
212
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 33 leases and 59 wells, and the rule below applies to all of them.

Discovered
2007-07-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-07-17.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA WHICH IS SUSPENDED.

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
OilDisposition69,940 bbl$4,923,144
Casinghead gasProduction94,787 Mcf$337,806
Total$5,260,950

Wells on this lease (3)

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 29.1556, -96.0938. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

29.15520, -96.09358 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,282 ft
3 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.
3100.0%

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 7,300 ft, median 7,282 ft, over the 3 wells that filed a depth.

Completions filed
Aug 2017 – May 2018
3 of 3 wells

3 wells

42-48135194C2567,300 ftMay 2018
42-481350152487,282 ftMar 2018
42-48134616C2387,200 ftAug 2017

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 (212)

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

212 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
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 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021575166.024.22$3,978
Jul 202112712970.783.98$9,503
Jun 2021768169.493.38$5,555
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021769157.805.55$4,898
Jan 202116214050.412.81$8,560
Dec 20201218244.642.68$5,621
Nov 202010824238.772.71$4,842
Oct 202014177136.972.48$7,124
Sep 202011551437.091.99$5,289
Aug 202015654039.982.39$7,525
Jul 202017655238.371.83$7,761
Jun 202016267834.901.69$6,800
May 202018264816.921.81$4,255
Apr 202017577614.751.80$3,981
Mar 202016896930.341.86$6,896
Feb 202010951849.881.98$6,463
Jan 20203629757.252.09$2,683
Dec 201922059.012.30$1,298
Nov 201918862855.302.75$12,124
Oct 201923556353.472.42$13,927
Sep 201923650855.052.66$14,342
Aug 20192731,18553.112.30$17,230
Jul 201931240556.272.46$18,553
Jun 201929342152.782.49$16,513
May 201935858758.482.74$22,544
Apr 201933050062.632.75$22,043
Mar 201933357056.803.06$20,660
Feb 201936956950.852.79$20,352
Jan 201949949446.033.23$24,564
Dec 201872648946.594.19$35,871
Nov 201865559952.934.24$37,207
Oct 20187631,52461.443.40$52,057
Sep 20188091,23059.543.11$51,991
Aug 20181,0772,48959.403.07$71,606
Jul 20181,7163,34465.142.93$121,584
Jun 20181,4911,91860.183.08$95,630
May 201835475065.382.90$25,320
Apr 201812875563.842.90$10,362
Mar 201813076061.222.79$10,077
Feb 201812164761.782.77$9,265
Jan 201813361062.874.01$10,807
Dec 20171561557.272.92$8,978
Nov 20172021655.423.12$11,245
Oct 20171251849.292.98$6,215
Sep 20171591047.523.09$7,587
Aug 2017146745.373.00$6,645
Jul 20170043.873.09$0
Jun 201764042.493.09$2,719
May 20175037145.373.26$23,053
Apr 20177927647.933.21$38,205
Mar 20171626546.772.98$7,771
Feb 20171156750.452.95$6,000
Jan 20171226049.413.42$6,233
Dec 2016983048.763.72$4,890
Nov 20161191742.492.64$5,101
Oct 201614042846.193.09$7,789
Sep 201611628841.553.10$5,713
Aug 201618539341.442.92$8,816
Jul 20161839041.622.92$7,880
Jun 201618926445.352.69$9,280
May 201637334342.521.99$16,543
Apr 201611916936.561.99$4,687
Mar 201614825133.011.79$5,336
Feb 201624626126.472.06$7,050
Jan 201629828727.352.36$8,829
Dec 201524527932.362.00$8,487
Nov 201527426838.792.17$11,209
Oct 201529625343.552.43$13,505
Sep 201526352042.992.76$12,741
Aug 201524861540.162.87$11,726
Jul 201529934048.152.95$15,398
Jun 201523129356.152.88$13,815
May 201524138055.212.96$14,429
Apr 201524458849.822.71$13,748
Mar 201526447342.892.93$12,711
Feb 2015230044.662.98$10,272
Jan 2015273043.433.10$11,856
Dec 2014253054.693.59$13,837
Nov 2014254070.464.25$17,897
Oct 2014317078.303.90$24,821
Sep 2014285086.164.05$24,556
Aug 2014257089.394.04$22,973
Jul 201423884796.564.18$26,521
Jun 201421283598.164.74$24,765
May 201424127994.734.73$24,149
Apr 201427119895.944.81$26,952
Mar 201435954595.895.06$37,180
Feb 201430480597.406.19$34,594
Jan 201431889390.404.86$33,088
Dec 201328963991.824.35$29,318
Nov 201330564288.853.74$29,499
Oct 201331079397.423.78$33,197
Sep 2013370648104.113.72$40,930
Aug 2013421434104.253.52$45,418
Jul 2013441521102.523.72$47,148
Jun 201342472394.403.93$42,869
May 201335164494.834.15$35,957
Apr 201335542693.964.28$35,180
Mar 201340051893.623.91$39,475
Feb 201335449191.233.42$33,975
Jan 201338342691.603.42$36,540
Dec 201241633086.773.42$37,225
Nov 201245040386.953.62$40,588
Oct 201245551489.383.40$42,415
Sep 201243743894.672.92$42,649
Aug 201243446992.662.91$41,578
Jul 201247158385.133.02$41,857
Jun 20124911,13279.822.52$42,043
May 201259096191.612.49$56,441
Apr 20126061,006101.652.00$63,609
Mar 20125951,121105.052.22$64,996
Feb 2012669935101.102.57$70,039
Jan 20127061,79998.092.73$74,170
Dec 20118552,14096.873.24$89,757
Nov 201179845395.723.31$77,885
Oct 20119122,29184.983.65$85,861
Sep 20119871,85083.623.99$89,907
Aug 20119631,96583.404.15$88,468
Jul 20119182,68394.144.52$98,540
Jun 20117812,23192.904.64$82,906
May 201199252098.134.40$99,635
Apr 2011910351105.964.33$97,945
Mar 201190619696.364.06$88,097
Feb 201194636985.644.18$82,558
Jan 20111,06479286.504.59$95,670
Dec 20101,1081,00285.734.35$99,345
Nov 20101,17939280.843.80$96,798
Oct 20101,11231278.103.51$87,942
Sep 20101,00357072.633.98$75,116
Aug 201072078973.684.42$56,536
Jul 20107411,43272.554.74$60,542
Jun 20108371,37970.364.91$65,663
May 201096057871.124.24$70,723
Apr 201056641081.694.12$47,927
Mar 201057940778.394.39$47,174
Feb 201047447973.585.44$37,484
Jan 201044984374.365.96$38,415
Dec 200958553471.445.48$44,721
Nov 200972178874.593.75$56,736
Oct 200977684672.544.11$59,768
Sep 20091,03573965.543.06$70,099
Aug 20098921,13367.423.22$63,785
Jul 20091,0781,34361.133.46$70,551
Jun 20091,0111,16366.163.90$71,418
May 20091,2931,08254.743.93$75,026
Apr 200957647446.773.59$28,640
Mar 20097601,06742.144.06$36,357
Feb 200968596532.814.63$26,946
Jan 200982096535.865.37$34,588
Dec 20081,3541,04737.105.98$56,491
Nov 20081,8781,25655.496.86$112,827
Oct 20081189475.246.92$9,529

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.

Aug 2021 — as filed, then multipliedworked
Oil                   57 bbl  × $ 66.02 =     $3,763
Casinghead gas        51 Mcf  × $  4.22 =       $215

────────────────────────────────────────────────────
Month total                                   $3,978

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/25285 is the state's own key, not one this site invented.