PIERCE, REUBEN GAS UNIT

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 143492District 06Field 953691602 tax incentive programmesGasSaveExport
Value, all time
$827 k
Jan 1993 – Sep 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
321
no gaps in the span
Streams
1
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111993-04-14126370
NGPA2none

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.

StreamBasisVolumeValue
GasProduction533,640 Mcf$826,988
Total$826,988

297,436 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 32.4503, -94.1331. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45026, -94.13312 · 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
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
Sep 2019
1 of 1 wells

1 well

42-2033214669,700 ftSep 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 (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 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 20073088.337.30$219
Nov 20071491.677.29$102
Oct 20074082.856.92$277
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007455.108.22$33
Jan 20076550.306.73$437
Dec 20068756.656.92$602
Nov 20069354.207.62$708
Oct 200612254.906.01$734
Sep 200613160.085.04$660
Aug 200616968.717.34$1,240
Jul 200616069.376.34$1,015
Jun 200618566.286.38$1,181
May 200616166.016.42$1,034
Apr 200618464.397.36$1,354
Mar 200628556.707.08$2,019
Feb 200626757.597.75$2,070
Jan 200629060.598.93$2,591
Dec 20058754.9413.42$1,167
Nov 20059554.6910.59$1,006
Oct 2005258.3413.80$28
Sep 200525061.4512.08$3,020
Aug 200535361.519.80$3,458
Jul 200537255.697.84$2,918
Jun 200544052.337.38$3,248
May 200556945.226.65$3,785
Apr 200528049.207.36$2,061
Mar 200594850.377.15$6,783
Feb 200580445.226.31$5,075
Jan 200599043.166.32$6,259
Dec 200421739.866.75$1,465
Nov 20041,41145.286.33$8,932
Oct 20042649.706.52$169
Sep 20047543.245.28$396
Aug 200448542.375.55$2,692
Jul 200468338.286.08$4,155
Jun 20048836.106.43$566
May 20041,42237.486.49$9,235
Apr 20044,22734.475.86$24,764
Mar 20041,43434.365.53$7,930
Feb 20041,67432.455.51$9,223
Jan 20041,06932.036.30$6,734
Dec 20031,03930.266.30$6,547
Nov 200396528.804.60$4,434
Oct 20031,11628.174.76$5,312
Sep 20031,03526.314.75$4,916
Aug 200366829.765.13$3,427
Jul 20031,09729.415.17$5,672
Jun 200399928.565.98$5,977
May 20031,16726.595.97$6,970
Apr 20031,23326.675.41$6,667
Mar 20031,16531.146.10$7,102
Feb 200395133.487.93$7,538
Jan 20031,45430.315.58$8,116
Dec 20021,51926.914.85$7,373
Nov 20021,19424.664.14$4,940
Oct 20021,64926.464.23$6,974
Sep 20021,53227.443.64$5,569
Aug 20021,52925.963.16$4,838
Jul 20021,28024.583.06$3,919
Jun 20021,42123.733.34$4,744
May 20021,49724.663.58$5,365
Apr 20022,04823.653.51$7,193
Mar 20022,14622.003.10$6,658
Feb 20021,52818.222.38$3,630
Jan 20022,70217.172.38$6,419
Dec 20012,47516.932.36$5,852
Nov 20011,93718.072.41$4,659
Oct 20012,21119.782.53$5,591
Sep 20012,27724.262.25$5,126
Aug 20011,88324.873.05$5,749
Jul 20012,46523.933.20$7,881
Jun 20013,00724.563.82$11,499
May 20013,27225.524.31$14,094
Apr 20012,79924.685.34$14,934
Mar 20012,87824.545.38$15,473
Feb 20012,45727.755.77$14,170
Jan 20012,76027.478.40$23,181
Dec 20002,76526.889.12$25,224
Nov 20002,61832.215.66$14,813
Oct 20002,41331.235.15$12,416
Sep 20002,55631.875.19$13,257
Aug 20002,53229.644.54$11,497
Jul 20002,96228.534.09$12,114
Jun 20003,20029.304.40$14,071
May 20003,09127.263.68$11,374
Apr 20003,14324.513.12$9,794
Mar 20003,17028.422.86$9,065
Feb 20002,02827.622.73$5,529
Jan 20002,96825.272.48$7,362
Dec 19993,14824.282.42$7,630
Nov 19992,91423.192.43$7,093
Oct 19993,03720.982.80$8,515
Sep 19992,78821.752.62$7,301
Aug 19991,93319.262.88$5,559
Jul 19992,29917.892.37$5,454
Jun 19992,74415.942.36$6,482
May 19992,55415.792.32$5,928
Apr 19992,48915.102.21$5,496
Mar 19992,87912.471.84$5,293
Feb 19992,5949.981.82$4,715
Jan 19993,09910.381.90$5,888
Dec 19983,0349.201.77$5,380
Nov 19982,66410.892.19$5,823
Oct 19983,20012.421.97$6,301
Sep 19982,46112.592.08$5,125
Aug 19982,78311.301.91$5,308
Jul 19983,12011.742.24$6,980
Jun 19983,06911.242.24$6,866
May 19983,79712.622.21$8,377
Apr 19983,96813.042.51$9,941
Mar 19983,35412.802.31$7,746
Feb 19983,16613.952.30$7,279
Jan 19983,45814.702.15$7,451
Dec 19973,45516.322.41$8,330
Nov 19973,87818.193.09$11,976
Oct 19973,62219.253.15$11,409
Sep 19973,42817.742.95$10,129
Aug 19974,23117.862.55$10,809
Jul 19974,58917.582.25$10,311
Jun 19974,38017.242.26$9,887
May 19974,64318.972.31$10,718
Apr 19975,02517.882.08$10,466
Mar 19974,15218.951.94$8,051
Feb 19973,55820.492.21$7,849
Jan 19973,60223.483.54$12,750
Dec 19963,87423.32$0
Nov 19963,79421.97$0
Oct 19964,29223.31$0
Sep 19964,00322.22$0
Aug 19963,10520.26$0
Jul 19963,35119.55$0
Jun 19963,42718.73$0
May 19963,38119.43$0
Apr 19963,64821.51$0
Mar 19963,96019.38$0
Feb 19963,47116.98$0
Jan 19964,07417.07$0
Dec 19953,80817.19$0
Nov 19954,07516.00$0
Oct 19954,24415.43$0
Sep 19954,40116.18$0
Aug 19952,54515.92$0
Jul 19954,53915.24$0
Jun 19955,21516.41$0
May 19954,59117.56$0
Apr 19954,80417.73$0
Mar 19954,45416.44$0
Feb 19954,56516.58$0
Jan 19955,36215.92$0
Dec 19945,49715.03$0
Nov 19945,53015.90$0
Oct 19945,65315.58$0
Sep 19945,68215.29$0
Aug 19946,27816.13$0
Jul 19946,44117.56$0
Jun 19946,87917.09$0
May 19947,06015.88$0
Apr 19947,50714.14$0
Mar 19948,46112.46$0
Feb 19947,62612.50$0
Jan 19949,78212.66$0
Dec 19939,87512.33$0
Nov 19939,79714.49$0
Oct 199310,85915.85$0
Sep 19937,95115.03$0
Aug 199312,60915.66$0
Jul 199312,31915.46$0
Jun 19936,74716.79$0
May 19936,87917.68$0
Apr 19934,40618.05$0
Mar 199312,22718.14$0
Feb 19937,79617.90$0
Jan 199316,59216.93$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.

Dec 2007 — as filed, then multipliedworked
Gas                   30 Mcf  × $  7.30 =       $219

────────────────────────────────────────────────────
Month total                                     $219

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/143492 is the state's own key, not one this site invented.