PIERCE, REUBEN GAS UNIT

Name: PIERCE, REUBEN GAS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the WASKOM (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 143113District 06Field 953691602 tax incentive programmesCondensateGasSave Export

Value, all time

$1.6 M

Jan 1993 – Sep 2019

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

321

no gaps in the span

Streams

condensate, gas

The WASKOM (COTTON VALLEY) 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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered

1955-09-19

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 2012-11-06.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1993-05-13	126367
NGPA	2	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Condensate	Disposition	299 bbl	$16,007
Gas	Production	745,672 Mcf	$1,580,411
Total			$1,596,418

343,538 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.4484, -94.1456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44843, -94.14564 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,700 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 9,700 ft.

Completions filed

Aug 2019

1 of 1 wells

1 well


42-20332149	3	9,700 ft	Aug 2019	—	Yes

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 (321)

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

321 months


Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	21	53.11	2.30	$48
Jul 2019	0	40	56.27	2.46	$98
Jun 2019	0	40	52.78	2.49	$100
May 2019	0	38	58.48	2.74	$104
Apr 2019	0	58	62.63	2.75	$160
Mar 2019	0	60	56.80	3.06	$184
Feb 2019	0	51	50.85	2.79	$142
Jan 2019	0	57	46.03	3.23	$184
Dec 2018	0	70	46.59	4.19	$293
Nov 2018	0	79	52.93	4.24	$335
Oct 2018	0	41	61.44	3.40	$139
Sep 2018	0	60	59.54	3.11	$186
Aug 2018	0	69	59.40	3.07	$212
Jul 2018	0	61	65.14	2.93	$179
Jun 2018	0	63	60.18	3.08	$194
May 2018	0	71	65.38	2.90	$206
Apr 2018	0	85	63.84	2.90	$247
Mar 2018	4	97	61.22	2.79	$515
Feb 2018	15	90	61.78	2.77	$1,176
Jan 2018	27	177	62.87	4.01	$2,407
Dec 2017	47	205	57.27	2.92	$3,291
Nov 2017	63	174	55.42	3.12	$4,034
Oct 2017	70	247	49.29	2.98	$4,187
Sep 2017	72	956	47.52	3.09	$6,373
Aug 2017	0	256	45.37	3.00	$769
Jul 2017	0	640	43.87	3.09	$1,976
Jun 2017	0	871	42.49	3.09	$2,689
May 2017	0	1,148	45.37	3.26	$3,746
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	761	49.41	3.42	$2,602
Dec 2016	0	595	48.76	3.72	$2,215
Nov 2016	0	567	42.49	2.64	$1,499
Oct 2016	0	629	46.19	3.09	$1,944
Sep 2016	0	496	41.55	3.10	$1,538
Aug 2016	0	676	41.44	2.92	$1,977
Jul 2016	0	307	41.62	2.92	$898
Jun 2016	0	615	45.35	2.69	$1,652
May 2016	0	618	42.52	1.99	$1,230
Apr 2016	0	449	36.56	1.99	$894
Mar 2016	0	776	33.01	1.79	$1,392
Feb 2016	0	964	26.47	2.06	$1,989
Jan 2016	0	1,034	27.35	2.36	$2,445
Dec 2015	0	1,003	32.36	2.00	$2,007
Nov 2015	0	1,014	38.79	2.17	$2,198
Oct 2015	0	1,087	43.55	2.43	$2,638
Sep 2015	0	1,050	42.99	2.76	$2,896
Aug 2015	0	1,081	40.16	2.87	$3,105
Jul 2015	0	1,092	48.15	2.95	$3,216
Jun 2015	0	1,070	56.15	2.88	$3,085
May 2015	0	1,043	55.21	2.96	$3,083
Apr 2015	0	1,085	49.82	2.71	$2,937
Mar 2015	0	1,067	42.89	2.93	$3,131
Feb 2015	0	880	44.66	2.98	$2,619
Jan 2015	0	1,018	43.43	3.10	$3,156
Dec 2014	0	1,143	54.69	3.59	$4,105
Nov 2014	0	1,035	70.46	4.25	$4,401
Oct 2014	0	1,206	78.30	3.90	$4,705
Sep 2014	0	1,092	86.16	4.05	$4,418
Aug 2014	0	1,458	89.39	4.04	$5,883
Jul 2014	0	1,476	96.56	4.18	$6,169
Jun 2014	0	1,465	98.16	4.74	$6,940
May 2014	0	1,501	94.73	4.73	$7,095
Apr 2014	0	1,214	95.94	4.81	$5,838
Mar 2014	0	1,048	95.89	5.06	$5,300
Feb 2014	0	1,025	97.40	6.19	$6,347
Jan 2014	0	1,179	90.40	4.86	$5,731
Dec 2013	0	1,193	91.82	4.35	$5,195
Nov 2013	0	1,163	88.85	3.74	$4,348
Oct 2013	0	985	97.42	3.78	$3,723
Sep 2013	0	947	104.11	3.72	$3,521
Aug 2013	0	879	104.25	3.52	$3,096
Jul 2013	0	930	102.52	3.72	$3,458
Jun 2013	0	903	94.40	3.93	$3,552
May 2013	0	872	94.83	4.15	$3,618
Apr 2013	0	823	93.96	4.28	$3,525
Mar 2013	0	1,001	93.62	3.91	$3,917
Feb 2013	0	924	91.23	3.42	$3,160
Jan 2013	0	1,024	91.60	3.42	$3,502
Dec 2012	0	998	86.77	3.42	$3,413
Nov 2012	0	938	86.95	3.62	$3,400
Oct 2012	0	906	89.38	3.40	$3,080
Sep 2012	0	833	94.67	2.92	$2,431
Aug 2012	0	839	92.66	2.91	$2,440
Jul 2012	0	817	85.13	3.02	$2,468
Jun 2012	0	746	79.82	2.52	$1,879
May 2012	0	764	91.61	2.49	$1,901
Apr 2012	0	753	101.65	2.00	$1,504
Mar 2012	0	840	105.05	2.22	$1,867
Feb 2012	0	848	101.10	2.57	$2,180
Jan 2012	0	791	98.09	2.73	$2,163
Dec 2011	0	1,325	96.87	3.24	$4,293
Nov 2011	0	1,065	95.72	3.31	$3,527
Oct 2011	0	892	84.98	3.65	$3,255
Sep 2011	0	803	83.62	3.99	$3,201
Aug 2011	1	571	83.40	4.15	$2,453
Jul 2011	0	517	94.14	4.52	$2,335
Jun 2011	0	619	92.90	4.64	$2,872
May 2011	0	877	98.13	4.40	$3,863
Apr 2011	0	866	105.96	4.33	$3,753
Mar 2011	0	929	96.36	4.06	$3,769
Feb 2011	0	825	85.64	4.18	$3,448
Jan 2011	0	886	86.50	4.59	$4,066
Dec 2010	0	737	85.73	4.35	$3,204
Nov 2010	0	684	80.84	3.80	$2,596
Oct 2010	0	575	78.10	3.51	$2,018
Sep 2010	0	345	72.63	3.98	$1,373
Aug 2010	0	575	73.68	4.42	$2,541
Jul 2010	0	532	72.55	4.74	$2,520
Jun 2010	0	488	70.36	4.91	$2,396
May 2010	0	493	71.12	4.24	$2,088
Apr 2010	0	764	81.69	4.12	$3,150
Mar 2010	0	904	78.39	4.39	$3,967
Feb 2010	0	757	73.58	5.44	$4,120
Jan 2010	0	913	74.36	5.96	$5,445
Dec 2009	0	909	71.44	5.48	$4,985
Nov 2009	0	869	74.59	3.75	$3,260
Oct 2009	0	924	72.54	4.11	$3,798
Sep 2009	0	858	65.54	3.06	$2,630
Aug 2009	0	976	67.42	3.22	$3,141
Jul 2009	0	942	61.13	3.46	$3,264
Jun 2009	0	988	66.16	3.90	$3,848
May 2009	0	970	54.74	3.93	$3,808
Apr 2009	0	861	46.77	3.59	$3,089
Mar 2009	0	865	42.14	4.06	$3,511
Feb 2009	0	798	32.81	4.63	$3,697
Jan 2009	0	849	35.86	5.37	$4,560
Dec 2008	0	931	37.10	5.98	$5,565
Nov 2008	0	785	55.49	6.86	$5,385
Oct 2008	0	415	75.24	6.92	$2,873
Sep 2008	0	259	101.76	7.88	$2,040
Aug 2008	0	1,987	114.22	8.48	$16,856
Jul 2008	0	1,854	131.08	11.39	$21,116
Jun 2008	0	2,001	131.33	13.03	$26,078
May 2008	0	2,017	123.17	11.57	$23,345
Apr 2008	0	2,021	110.31	10.45	$21,129
Mar 2008	0	2,454	101.90	9.66	$23,716
Feb 2008	0	2,519	92.53	8.77	$22,093
Jan 2008	0	3,011	90.38	8.21	$24,707
Dec 2007	0	2,210	88.33	7.30	$16,137
Nov 2007	0	1,380	91.67	7.29	$10,063
Oct 2007	0	1,459	82.85	6.92	$10,099
Sep 2007	0	867	75.84	6.24	$5,414
Aug 2007	0	815	69.06	6.39	$5,206
Jul 2007	0	693	70.90	6.39	$4,427
Jun 2007	0	677	62.00	7.55	$5,110
May 2007	0	906	58.74	7.85	$7,109
Apr 2007	0	1,032	59.61	7.81	$8,055
Mar 2007	0	1,143	56.92	7.30	$8,346
Feb 2007	0	1,108	55.10	8.22	$9,103
Jan 2007	0	1,471	50.30	6.73	$9,895
Dec 2006	0	1,456	56.65	6.92	$10,073
Nov 2006	0	1,106	54.20	7.62	$8,425
Oct 2006	0	634	54.90	6.01	$3,813
Sep 2006	0	878	60.08	5.04	$4,423
Aug 2006	0	1,171	68.71	7.34	$8,595
Jul 2006	0	782	69.37	6.34	$4,960
Jun 2006	0	1,007	66.28	6.38	$6,429
May 2006	0	1,035	66.01	6.42	$6,650
Apr 2006	0	844	64.39	7.36	$6,212
Mar 2006	0	327	56.70	7.08	$2,316
Feb 2006	0	518	57.59	7.75	$4,015
Jan 2006	0	409	60.59	8.93	$3,654
Dec 2005	0	448	54.94	13.42	$6,010
Nov 2005	0	989	54.69	10.59	$10,472
Oct 2005	0	693	58.34	13.80	$9,560
Sep 2005	0	494	61.45	12.08	$5,967
Aug 2005	0	349	61.51	9.80	$3,419
Jul 2005	0	568	55.69	7.84	$4,455
Jun 2005	0	850	52.33	7.38	$6,274
May 2005	0	1,282	45.22	6.65	$8,527
Apr 2005	0	495	49.20	7.36	$3,643
Mar 2005	0	847	50.37	7.15	$6,060
Feb 2005	0	1,466	45.22	6.31	$9,253
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	39	49.70	6.52	$254
Sep 2004	0	397	43.24	5.28	$2,098
Aug 2004	0	1,012	42.37	5.55	$5,617
Jul 2004	0	1,042	38.28	6.08	$6,340
Jun 2004	0	828	36.10	6.43	$5,327
May 2004	0	848	37.48	6.49	$5,507
Apr 2004	0	980	34.47	5.86	$5,741
Mar 2004	0	871	34.36	5.53	$4,817
Feb 2004	0	762	32.45	5.51	$4,198
Jan 2004	0	819	32.03	6.30	$5,159
Dec 2003	0	608	30.26	6.30	$3,831
Nov 2003	0	886	28.80	4.60	$4,071
Oct 2003	0	956	28.17	4.76	$4,550
Sep 2003	0	791	26.31	4.75	$3,757
Aug 2003	0	892	29.76	5.13	$4,576
Jul 2003	0	1,381	29.41	5.17	$7,141
Jun 2003	0	937	28.56	5.98	$5,606
May 2003	0	1,000	26.59	5.97	$5,973
Apr 2003	0	890	26.67	5.41	$4,812
Mar 2003	0	1,272	31.14	6.10	$7,754
Feb 2003	0	832	33.48	7.93	$6,594
Jan 2003	0	783	30.31	5.58	$4,371
Dec 2002	0	843	26.91	4.85	$4,092
Nov 2002	0	945	24.66	4.14	$3,909
Oct 2002	0	1,222	26.46	4.23	$5,168
Sep 2002	0	1,119	27.44	3.64	$4,068
Aug 2002	0	1,307	25.96	3.16	$4,136
Jul 2002	0	1,237	24.58	3.06	$3,787
Jun 2002	0	1,102	23.73	3.34	$3,679
May 2002	0	1,161	24.66	3.58	$4,161
Apr 2002	0	1,537	23.65	3.51	$5,398
Mar 2002	0	1,437	22.00	3.10	$4,459
Feb 2002	0	1,663	18.22	2.38	$3,951
Jan 2002	0	1,599	17.17	2.38	$3,799
Dec 2001	0	1,706	16.93	2.36	$4,034
Nov 2001	0	2,228	18.07	2.41	$5,360
Oct 2001	0	2,424	19.78	2.53	$6,130
Sep 2001	0	1,505	24.26	2.25	$3,388
Aug 2001	0	1,472	24.87	3.05	$4,494
Jul 2001	0	2,021	23.93	3.20	$6,461
Jun 2001	0	2,323	24.56	3.82	$8,884
May 2001	0	2,741	25.52	4.31	$11,806
Apr 2001	0	2,830	24.68	5.34	$15,099
Mar 2001	0	2,731	24.54	5.38	$14,683
Feb 2001	0	2,254	27.75	5.77	$12,999
Jan 2001	0	2,626	27.47	8.40	$22,055
Dec 2000	0	2,965	26.88	9.12	$27,048
Nov 2000	0	3,000	32.21	5.66	$16,974
Oct 2000	0	2,727	31.23	5.15	$14,032
Sep 2000	0	2,833	31.87	5.19	$14,693
Aug 2000	0	3,236	29.64	4.54	$14,694
Jul 2000	0	3,201	28.53	4.09	$13,091
Jun 2000	0	3,119	29.30	4.40	$13,715
May 2000	0	3,178	27.26	3.68	$11,694
Apr 2000	0	2,978	24.51	3.12	$9,279
Mar 2000	0	3,062	28.42	2.86	$8,757
Feb 2000	0	2,360	27.62	2.73	$6,435
Jan 2000	0	2,515	25.27	2.48	$6,238
Dec 1999	0	2,927	24.28	2.42	$7,094
Nov 1999	0	3,307	23.19	2.43	$8,049
Oct 1999	0	3,243	20.98	2.80	$9,092
Sep 1999	0	3,566	21.75	2.62	$9,339
Aug 1999	0	3,087	19.26	2.88	$8,877
Jul 1999	0	2,678	17.89	2.37	$6,353
Jun 1999	0	3,580	15.94	2.36	$8,456
May 1999	0	4,685	15.79	2.32	$10,874
Apr 1999	0	4,627	15.10	2.21	$10,217
Mar 1999	0	4,633	12.47	1.84	$8,517
Feb 1999	0	4,242	9.98	1.82	$7,711
Jan 1999	0	4,519	10.38	1.90	$8,586
Dec 1998	0	4,674	9.20	1.77	$8,289
Nov 1998	0	5,319	10.89	2.19	$11,626
Oct 1998	0	4,575	12.42	1.97	$9,009
Sep 1998	0	3,626	12.59	2.08	$7,552
Aug 1998	0	3,247	11.30	1.91	$6,193
Jul 1998	0	3,415	11.74	2.24	$7,640
Jun 1998	0	3,650	11.24	2.24	$8,166
May 1998	0	5,169	12.62	2.21	$11,405
Apr 1998	0	5,856	13.04	2.51	$14,671
Mar 1998	0	5,067	12.80	2.31	$11,702
Feb 1998	0	3,809	13.95	2.30	$8,757
Jan 1998	0	4,488	14.70	2.15	$9,671
Dec 1997	0	4,295	16.32	2.41	$10,356
Nov 1997	0	4,563	18.19	3.09	$14,092
Oct 1997	0	4,333	19.25	3.15	$13,648
Sep 1997	0	4,519	17.74	2.95	$13,353
Aug 1997	0	5,776	17.86	2.55	$14,756
Jul 1997	0	5,685	17.58	2.25	$12,774
Jun 1997	0	5,424	17.24	2.26	$12,243
May 1997	0	5,980	18.97	2.31	$13,805
Apr 1997	0	6,715	17.88	2.08	$13,986
Mar 1997	0	5,437	18.95	1.94	$10,543
Feb 1997	0	5,239	20.49	2.21	$11,557
Jan 1997	0	5,371	23.48	3.54	$19,012
Dec 1996	0	5,370	23.32	—	$0
Nov 1996	0	6,073	21.97	—	$0
Oct 1996	0	4,753	23.31	—	$0
Sep 1996	0	5,530	22.22	—	$0
Aug 1996	0	5,630	20.26	—	$0
Jul 1996	0	5,463	19.55	—	$0
Jun 1996	0	5,976	18.73	—	$0
May 1996	0	5,427	19.43	—	$0
Apr 1996	0	4,523	21.51	—	$0
Mar 1996	0	5,233	19.38	—	$0
Feb 1996	0	4,692	16.98	—	$0
Jan 1996	0	4,428	17.07	—	$0
Dec 1995	0	4,896	17.19	—	$0
Nov 1995	0	4,581	16.00	—	$0
Oct 1995	0	5,298	15.43	—	$0
Sep 1995	0	5,328	16.18	—	$0
Aug 1995	0	3,242	15.92	—	$0
Jul 1995	0	5,343	15.24	—	$0
Jun 1995	0	5,323	16.41	—	$0
May 1995	0	6,645	17.56	—	$0
Apr 1995	0	7,007	17.73	—	$0
Mar 1995	0	7,030	16.44	—	$0
Feb 1995	0	6,438	16.58	—	$0
Jan 1995	0	7,529	15.92	—	$0
Dec 1994	0	6,175	15.03	—	$0
Nov 1994	0	6,156	15.90	—	$0
Oct 1994	0	6,285	15.58	—	$0
Sep 1994	0	6,053	15.29	—	$0
Aug 1994	0	6,234	16.13	—	$0
Jul 1994	0	6,514	17.56	—	$0
Jun 1994	0	7,012	17.09	—	$0
May 1994	0	7,263	15.88	—	$0
Apr 1994	0	7,450	14.14	—	$0
Mar 1994	0	8,485	12.46	—	$0
Feb 1994	0	7,776	12.50	—	$0
Jan 1994	0	9,821	12.66	—	$0
Dec 1993	0	10,276	12.33	—	$0
Nov 1993	0	3,395	14.49	—	$0
Oct 1993	0	6,600	15.85	—	$0
Sep 1993	0	9,170	15.03	—	$0
Aug 1993	0	9,839	15.66	—	$0
Jul 1993	0	10,200	15.46	—	$0
Jun 1993	0	10,154	16.79	—	$0
May 1993	0	10,936	17.68	—	$0
Apr 1993	0	8,291	18.05	—	$0
Mar 1993	0	15,543	18.14	—	$0
Feb 1993	0	13,918	17.90	—	$0
Jan 1993	0	18,234	16.93	—	$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.

Aug 2019 — as filed, then multipliedworked

Condensate             0 bbl  × $ 53.11 =         $0
Gas                   21 Mcf  × $  2.30 =        $48

────────────────────────────────────────────────────
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. 06/G/143113 is the state's own key, not one this site invented.