PIERCE, PEGGY R. GAS UNIT

Operated by MERIT ENERGY COMPANY (P-5 561136) in the WOODLAWN (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 189514District 06Field 98563415CondensateGasSaveExport
Value, all time
$5.7 M
May 2002 – May 2026
Value, last 12 filed months
$92 k
at the published price for each month
Months reported
289
no gaps in the span
Streams
2
condensate, 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 89 leases and 89 wells, and the rule below applies to all of them.

Discovered
1951-04-26
as the register files it
Field class
Gas
the register's own label
Between wells
3,960 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 2003-03-25.

The Commission's schedule remark for this field reads: PER DOCKET #06-0233779.

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
CondensateDisposition20,464 bbl$1,095,446
GasProduction931,924 Mcf$4,632,545
Total$5,727,992

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 32.5886, -94.3788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58856, -94.37877 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,002 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
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.
1100.0%

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 10,002 ft.

Completions filed
May 2002
1 of 1 wells

1 well

42-20330919110,002 ftMay 2002

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 (289)

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

289 months

May 2026371,743106.413.05$9,246
Apr 2026431,80198.932.87$9,422
Mar 2026402,16089.753.15$10,393
Feb 2026361,89263.503.75$9,382
Jan 2026371,76759.138.00$16,320
Dec 2025261,12656.664.41$6,443
Nov 2025261,13958.593.93$5,996
Oct 2025231,05759.383.30$4,859
Sep 20251984962.743.08$3,804
Aug 2025231,11563.933.01$4,832
Jul 2025231,19466.743.32$5,493
Jun 2025251,30866.483.13$5,754
May 2025271,23760.553.23$5,633
Apr 2025321,42762.363.54$7,052
Mar 2025371,65667.704.27$9,573
Feb 2025251,18370.884.34$6,907
Jan 2025311,24074.324.28$7,609
Dec 2024291,26268.993.12$5,940
Nov 2024211,10369.052.20$3,875
Oct 2024351,60971.372.28$6,169
Sep 2024341,47169.612.36$5,845
Aug 2024261,53775.632.06$5,138
Jul 2024331,58179.932.15$6,031
Jun 2024291,41278.082.63$5,984
May 2024371,68478.812.20$6,618
Apr 2024361,65584.451.66$5,786
Mar 2024391,70680.301.55$5,768
Feb 2024411,78676.091.78$6,305
Jan 2024351,42773.023.30$7,261
Dec 2023371,61871.262.61$6,861
Nov 2023271,33677.892.81$5,854
Oct 2023341,54985.443.09$7,687
Sep 2023391,84989.042.74$8,530
Aug 2023402,12580.522.67$8,901
Jul 2023361,78574.852.64$7,410
Jun 2023291,61268.962.26$5,641
May 2023461,95670.622.23$7,605
Apr 2023441,83778.122.24$7,548
Mar 2023501,93972.852.39$8,283
Feb 2023391,80575.112.47$7,380
Jan 2023502,05176.533.39$10,775
Dec 2022381,57276.415.73$11,910
Nov 2022371,68885.005.65$12,676
Oct 2022452,01287.185.86$15,721
Sep 2022362,13284.888.16$20,461
Aug 2022472,29794.529.13$25,408
Jul 2022411,818101.587.54$17,876
Jun 202210283115.097.98$3,408
May 202221586109.378.43$7,239
Apr 202229788104.226.84$8,410
Mar 202237983108.885.08$9,019
Feb 20223997991.054.86$8,308
Jan 20223882781.844.54$6,863
Dec 2021531,38271.323.90$9,169
Nov 2021581,34777.435.24$11,545
Oct 20211103,07579.795.71$26,347
Sep 20211333,88869.865.35$30,096
Aug 20211554,66966.024.22$29,939
Jul 20211704,97870.783.98$31,855
Jun 20211725,10369.493.38$29,204
May 20211324,02563.483.02$20,525
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20201030.341.86$30
Feb 20201130949.881.98$1,161
Jan 2020617457.252.09$708
Dec 2019917059.012.30$923
Nov 2019028755.302.75$789
Oct 2019322053.472.42$692
Sep 20191251955.052.66$2,040
Aug 2019381,29553.112.30$5,002
Jul 2019491,82856.272.46$7,254
Jun 2019592,01652.782.49$8,136
May 20191003,59158.482.74$15,688
Apr 20191073,87062.632.75$17,347
Mar 2019962,88056.803.06$14,272
Feb 20191083,18750.852.79$14,391
Jan 20191133,00946.033.23$14,915
Dec 2018982,89446.594.19$16,678
Nov 2018722,23552.934.24$13,281
Oct 2018672,46361.443.40$12,486
Sep 2018712,42659.543.11$11,767
Aug 20181043,91059.403.07$18,168
Jul 2018993,81565.142.93$17,634
Jun 20181103,60960.183.08$17,724
May 20181023,77565.382.90$17,619
Apr 20181253,65963.842.90$18,594
Mar 20181102,99461.222.79$15,078
Feb 2018641,90461.782.77$9,221
Jan 2018822,56862.874.01$15,451
Dec 2017922,50957.272.92$12,599
Nov 20171744,48855.423.12$23,638
Oct 20171824,96949.292.98$23,797
Sep 2017605,28447.523.09$19,164
Aug 2017615,17545.373.00$18,315
Jul 2017654,37543.873.09$16,358
Jun 2017673,97642.493.09$15,122
May 2017714,45545.373.26$17,760
Apr 2017924,24347.933.21$18,036
Mar 20171004,21346.772.98$17,247
Feb 2017983,28050.452.95$14,629
Jan 20171053,15449.413.42$15,971
Dec 20161103,45748.763.72$18,233
Nov 20161102,97342.492.64$12,536
Oct 20161032,66846.193.09$13,002
Sep 20161642,32941.553.10$14,036
Aug 20161681,89141.442.92$12,492
Jul 20161711,93441.622.92$12,773
Jun 20161632,18445.352.69$13,258
May 20161732,48742.521.99$12,308
Apr 20161851,96836.561.99$10,682
Mar 20162092,34833.011.79$11,111
Feb 20162182,16926.472.06$10,246
Jan 20162412,41027.352.36$12,289
Dec 20152292,73432.362.00$12,882
Nov 20151782,97938.792.17$13,361
Oct 20151702,51543.552.43$13,506
Sep 20151223,13442.992.76$13,890
Aug 201512247540.162.87$6,264
Jul 20151413,14248.152.95$16,043
Jun 20151373,54656.152.88$17,915
May 20151453,50855.212.96$18,373
Apr 20151562,18749.822.71$13,691
Mar 20151833,57242.892.93$18,332
Feb 20151702,50944.662.98$15,059
Jan 201521480643.433.10$11,793
Dec 20142052,00754.693.59$18,419
Nov 201414489370.464.25$13,943
Oct 20141252,33878.303.90$18,908
Sep 20141274,22586.164.05$28,034
Aug 20141316,57289.394.04$38,229
Jul 2014366,73396.564.18$31,617
Jun 2014384,19798.164.74$23,611
May 201446094.734.73$663
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 201482397.406.19$922
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013339104.113.72$3,469
Aug 20134162104.253.52$4,493
Jul 201300102.523.72$0
Jun 20131094.403.93$94
May 2013455994.834.15$4,512
Apr 2013458593.964.28$4,592
Mar 20135312793.623.91$5,459
Feb 2013551,05691.233.42$8,629
Jan 2013561,31091.603.42$9,610
Dec 2012491,55786.773.42$9,577
Nov 2012335,55686.953.62$23,010
Oct 2012254,76789.383.40$18,441
Sep 20120094.672.92$0
Aug 2012017692.662.91$512
Jul 2012021785.133.02$656
Jun 2012015979.822.52$401
May 2012023491.612.49$582
Apr 20120239101.652.00$477
Mar 20120304105.052.22$676
Feb 20120143101.102.57$368
Jan 2012016598.092.73$451
Dec 2011018496.873.24$596
Nov 2011025295.723.31$834
Oct 2011330484.983.65$1,364
Sep 201118883.623.99$434
Aug 2011112083.404.15$581
Jul 2011113694.144.52$708
Jun 2011432592.904.64$1,880
May 2011762998.134.40$3,458
Apr 20113208105.964.33$1,219
Mar 2011423596.364.06$1,339
Feb 2011201,22485.644.18$6,829
Jan 2011674,73886.504.59$27,537
Dec 2010571,82385.734.35$12,813
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201032474.365.96$366
Dec 20092673771.445.48$5,899
Nov 2009331,06574.593.75$6,457
Oct 2009771,93072.544.11$13,518
Sep 20091223,81265.543.06$19,679
Aug 20091523,51067.423.22$21,545
Jul 20091773,38961.133.46$22,561
Jun 20091532,76566.163.90$20,892
May 2009903,16254.743.93$17,340
Apr 2009993,80446.773.59$18,277
Mar 20091264,53342.144.06$23,709
Feb 20091014,00032.814.63$21,846
Jan 2009914,48735.865.37$27,363
Dec 2008662,94437.105.98$20,045
Nov 2008804,75655.496.86$37,067
Oct 2008935,27575.246.92$43,511
Sep 2008392,032101.767.88$19,975
Aug 20089195114.228.48$2,682
Jul 2008753,832131.0811.39$53,475
Jun 2008844,281131.3313.03$66,824
May 20081025,204123.1711.57$72,796
Apr 20081215,482110.3110.45$70,661
Mar 20081326,242101.909.66$73,774
Feb 2008722,64292.538.77$29,834
Jan 20084090.388.21$362
Dec 2007702,52488.337.30$24,613
Nov 20071034,63291.677.29$43,217
Oct 2007773,13982.856.92$28,108
Sep 2007713,10975.846.24$24,798
Aug 2007853,59869.066.39$28,854
Jul 20071044,83870.906.39$38,278
Jun 2007783,05162.007.55$27,866
May 20071074,80258.747.85$43,963
Apr 2007445,27259.617.81$43,772
Mar 2007475,87156.927.30$45,545
Feb 2007444,84655.108.22$42,239
Jan 2007222,64850.306.73$18,919
Dec 2006442,79056.656.92$21,795
Nov 2006594,10054.207.62$34,429
Oct 2006544,32654.906.01$28,980
Sep 2006574,28260.085.04$24,994
Aug 2006725,54668.717.34$45,654
Jul 2006393,16769.376.34$22,793
Jun 2006424,21266.286.38$29,673
May 2006725,02966.016.42$37,064
Apr 2006885,30164.397.36$44,684
Mar 2006814,11556.707.08$33,739
Feb 2006694,75057.597.75$40,792
Jan 2006855,25260.598.93$52,068
Dec 2005654,55154.9413.42$64,625
Nov 2005291,59454.6910.59$18,464
Oct 2005745,44558.3413.80$79,435
Sep 2005665,00361.4512.08$64,487
Aug 2005724,79361.519.80$51,385
Jul 2005815,71355.697.84$49,322
Jun 2005694,72452.337.38$38,479
May 2005885,59445.226.65$41,186
Apr 2005585,49049.207.36$43,263
Mar 2005645,76350.377.15$44,457
Feb 2005605,38745.226.31$36,716
Jan 2005706,03143.166.32$41,150
Dec 2004575,42239.866.75$38,876
Nov 2004343,84845.286.33$25,899
Oct 2004384,29549.706.52$29,871
Sep 2004536,75243.245.28$37,969
Aug 2004425,43742.375.55$31,958
Jul 2004283,54438.286.08$22,634
Jun 2004303,26236.106.43$22,068
May 2004515,34237.486.49$36,606
Apr 2004485,58534.475.86$34,374
Mar 2004586,28234.365.53$36,733
Feb 2004545,70732.455.51$33,196
Jan 2004748,71132.036.30$57,246
Dec 20031369,13830.266.30$61,700
Nov 20031449,93028.804.60$49,777
Oct 20031369,70528.174.76$50,023
Sep 200316010,70326.314.75$55,042
Aug 20031398,76829.765.13$49,114
Jul 20031389,10829.415.17$51,155
Jun 20031239,74628.565.98$61,823
May 200315410,19526.595.97$64,986
Apr 200316910,85126.675.41$63,182
Mar 20031939,99331.146.10$66,928
Feb 200325011,49133.487.93$99,446
Jan 200323012,50630.315.58$76,780
Dec 200226913,41526.914.85$72,352
Nov 200235915,80524.664.14$74,238
Oct 200230818,64026.464.23$86,980
Sep 2002021,36627.443.64$77,670
Aug 20024326,58025.963.16$85,220
Jul 200243930,73924.583.06$104,906
Jun 200253934,54223.733.34$128,100
May 200226711,91224.663.58$49,277

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
Condensate            37 bbl  × $106.41 =     $3,937
Gas                1,743 Mcf  × $  3.05 =     $5,309

────────────────────────────────────────────────────
Month total                                   $9,246

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/189514 is the state's own key, not one this site invented.