MineralRecord
Log inSign up

PEARCE

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) in the GIDDINGS (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27635District 03Field 34733610OilCasinghead gasSaveExport
Value, all time
$36.8 M
Aug 2019 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (EAGLEFORD) field

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 414 leases and 555 wells, and the rule below applies to all of them.

Discovered
1981-07-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2013-09-24.

The Commission's schedule remark for this field reads: “FIELD. ORDER SIGNED: 04/12/16”

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
OilDisposition579,733 bbl$35,542,664
Casinghead gasProduction383,374 Mcf$1,219,951
Total$36,762,614

Wells on this lease (2)

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 30.4394, -96.7205. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

30.43940, -96.72052 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,957 ft
2 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.
2100.0%

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 7,954 and 7,959 ft, median 7,957 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2019
2 of 2 wells

2 wells

42-051342601H7,954 ftAug 2019——
42-051342612H7,959 ftAug 2019——

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 (82)

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

82 months

May 20263,0632,437106.413.05$333,357
Apr 20262,8292,18098.932.87$286,129
Mar 20262,4721,82589.753.15$227,610
Feb 20262,7161,99463.503.75$179,944
Jan 20262,9392,36559.138.00$192,698
Dec 20252,4082,09456.664.41$145,679
Nov 20252,7882,95558.593.93$174,952
Oct 20252,7753,18459.383.30$175,302
Sep 20252,8793,41362.743.08$191,130
Aug 20253,1982,69963.933.01$212,585
Jul 20252,8452,24766.743.32$197,325
Jun 20253,0222,63166.483.13$209,134
May 20252,8772,64060.553.23$182,736
Apr 20253,2212,63562.363.54$210,198
Mar 20253,2342,75467.704.27$230,697
Feb 20252,7612,45070.884.34$206,335
Jan 20253,2542,99974.324.28$254,669
Dec 20243,2763,01968.993.12$235,435
Nov 20243,0752,90869.052.20$218,722
Oct 20243,2573,25671.372.28$239,880
Sep 20243,1983,05069.612.36$229,824
Aug 20243,5372,47775.632.06$272,615
Jul 20243,3602,22779.932.15$273,345
Jun 20243,7052,15778.082.63$294,968
May 20243,0382,19378.812.20$244,246
Apr 20243,6102,23584.451.66$308,573
Mar 20243,9342,31380.301.55$319,474
Feb 20244,1282,82176.091.78$319,131
Jan 20243,0921,69473.023.30$231,364
Dec 20233,4472,80071.262.61$252,943
Nov 20233,9622,75277.892.81$316,327
Oct 20233,8003,16185.443.09$334,431
Sep 20233,9643,26589.042.74$361,884
Aug 20234,0623,07280.522.67$335,283
Jul 20234,3262,92474.852.64$331,526
Jun 20234,1132,55368.962.26$289,398
May 20234,2852,81370.622.23$308,872
Apr 20234,1532,50978.122.24$330,047
Mar 20234,2842,84072.852.39$318,886
Feb 20234,3352,71975.112.47$332,306
Jan 20234,8693,04676.533.39$382,944
Dec 20224,3022,78676.415.73$344,677
Nov 20224,8153,62885.005.65$429,759
Oct 20225,5753,56387.185.86$506,921
Sep 20223,6131,59384.888.16$319,676
Aug 20225,7236,01194.529.13$595,801
Jul 20224,6033,687101.587.54$495,380
Jun 20225,0554,625115.097.98$618,675
May 20225,5944,056109.378.43$646,020
Apr 20225,7463,760104.226.84$624,558
Mar 20225,7783,024108.885.08$644,460
Feb 20225,07293491.054.86$466,344
Jan 20226,4883,64481.844.54$547,513
Dec 20215,9653,46571.323.90$438,934
Nov 20216,5043,09177.435.24$519,792
Oct 20216,0705,46879.795.71$515,569
Sep 20216,9246,01369.865.35$515,886
Aug 20216,6003,14866.024.22$449,018
Jul 20217,2602,65570.783.98$524,435
Jun 20216,7682,94369.493.38$480,257
May 20218,3133,63163.483.02$538,666
Apr 20218,4934,76260.362.76$525,773
Mar 20218,3059,47561.302.72$534,840
Feb 20215,8063,51857.805.55$355,104
Jan 20218,9534,41150.412.81$463,717
Dec 20209,0486,21044.642.68$420,517
Nov 20209,3706,24938.772.71$380,188
Oct 202010,3578,97136.972.48$405,132
Sep 202010,2705,35337.091.99$391,572
Aug 202011,5167,15639.982.39$477,477
Jul 202013,41513,23138.371.83$538,882
Jun 202021,12910,35634.901.69$754,907
May 20205416,52016.921.81$20,986
Apr 202014,45311,46414.751.80$233,867
Mar 202017,33314,01830.341.86$551,904
Feb 202019,13112,28749.881.98$978,591
Jan 202022,35916,96357.252.09$1,315,586
Dec 201929,11616,16059.012.30$1,755,374
Nov 201933,66515,75755.302.75$1,905,017
Oct 201944,77319,15753.472.42$2,440,344
Sep 201924,84111,32555.052.66$1,397,591
Aug 20190053.112.30$0

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                3,063 bbl  × $106.41 =   $325,934
Casinghead gas     2,437 Mcf  × $  3.05 =     $7,423

────────────────────────────────────────────────────
Month total                                 $333,357

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/27635 is the state's own key, not one this site invented.