PIERCE, WALTER GAS UNIT NO. 1

Operated by TGNR EAST TEXAS II LLC (P-5 102211) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203039District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Jun 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
264
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112004-09-24158924
NGPA1none

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
CondensateDisposition1,400 bbl$79,968
GasProduction639,869 Mcf$3,944,974
Total$4,024,942

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 32.2914, -94.7581. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29143, -94.75813 · 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
10,850 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 10,850 ft.

Completions filed
Jun 2004
1 of 1 wells

1 well

42-40133332210,850 ftJun 2004

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 (264)

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

264 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 20221076.415.73$76
Nov 202201,12985.005.65$6,375
Oct 2022083187.185.86$4,873
Sep 2022022084.888.16$1,796
Aug 2022045194.529.13$4,116
Jul 202201,055101.587.54$7,957
Jun 20220500115.097.98$3,989
May 20220353109.378.43$2,977
Apr 20220387104.226.84$2,646
Mar 20220457108.885.08$2,320
Feb 2022031091.054.86$1,506
Jan 2022030481.844.54$1,379
Dec 2021080871.323.90$3,150
Nov 2021070477.435.24$3,687
Oct 2021058579.795.71$3,343
Sep 2021063569.865.35$3,398
Aug 2021056166.024.22$2,368
Jul 2021188070.783.98$3,575
Jun 2021076469.493.38$2,583
May 2021090863.483.02$2,740
Apr 202101,08560.362.76$2,993
Mar 2021026361.302.72$715
Feb 2021062757.805.55$3,479
Jan 2021047150.412.81$1,324
Dec 2020067844.642.68$1,814
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020051837.091.99$1,031
Aug 202001,10239.982.39$2,628
Jul 2020045038.371.83$821
Jun 2020049634.901.69$838
May 202001,01616.921.81$1,844
Apr 2020075614.751.80$1,364
Mar 2020083230.341.86$1,544
Feb 2020173449.881.98$1,504
Jan 202021,03657.252.09$2,285
Dec 2019072859.012.30$1,678
Nov 201901,02255.302.75$2,811
Oct 2019060553.472.42$1,463
Sep 2019085255.052.66$2,264
Aug 2019094053.112.30$2,166
Jul 2019073656.272.46$1,811
Jun 2019151152.782.49$1,326
May 2019175458.482.74$2,125
Apr 2019173062.632.75$2,071
Mar 2019182956.803.06$2,595
Feb 2019166750.852.79$1,913
Jan 201901,01546.033.23$3,277
Dec 2018146546.594.19$1,993
Nov 2018380752.934.24$3,578
Oct 2018179961.443.40$2,777
Sep 201821,03659.543.11$3,339
Aug 2018191359.403.07$2,859
Jul 2018099665.142.93$2,920
Jun 2018075160.183.08$2,311
May 2018046365.382.90$1,343
Apr 2018037963.842.90$1,099
Mar 2018032461.222.79$903
Feb 2018067261.782.77$1,859
Jan 2018077062.874.01$3,087
Dec 201711,10657.272.92$3,288
Nov 2017141755.423.12$1,356
Oct 2017184349.292.98$2,565
Sep 2017158447.523.09$1,850
Aug 2017180345.373.00$2,458
Jul 2017360843.873.09$2,009
Jun 2017168642.493.09$2,160
May 2017159745.373.26$1,994
Apr 2017174747.933.21$2,447
Mar 2017267146.772.98$2,096
Feb 2017168450.452.95$2,070
Jan 2017158649.413.42$2,053
Dec 2016170348.763.72$2,666
Nov 2016055942.492.64$1,478
Oct 2016065646.193.09$2,027
Sep 2016143941.553.10$1,403
Aug 2016089241.442.92$2,609
Jul 2016025641.622.92$749
Jun 2016230545.352.69$910
May 2016135942.521.99$757
Apr 2016129336.561.99$620
Mar 201618333.011.79$182
Feb 2016125626.472.06$555
Jan 2016072027.352.36$1,702
Dec 2015090832.362.00$1,817
Nov 201501,03238.792.17$2,237
Oct 201501,29643.552.43$3,145
Sep 201501,18342.992.76$3,263
Aug 201501,22740.162.87$3,525
Jul 2015094348.152.95$2,777
Jun 201501,38556.152.88$3,993
May 201501,08355.212.96$3,201
Apr 201501,32349.822.71$3,581
Mar 2015090042.892.93$2,641
Feb 2015050344.662.98$1,497
Jan 20150043.433.10$0
Dec 2014063954.693.59$2,295
Nov 201401,15470.464.25$4,907
Oct 201401,14078.303.90$4,447
Sep 2014072386.164.05$2,925
Aug 201401,30289.394.04$5,254
Jul 2014043396.564.18$1,810
Jun 2014045498.164.74$2,151
May 201411,95994.734.73$9,354
Apr 201413,14195.944.81$15,201
Mar 201423,14695.895.06$16,100
Feb 2014202,03997.406.19$14,573
Jan 201402,06290.404.86$10,023
Dec 201312,56191.824.35$11,244
Nov 201302,47888.853.74$9,263
Oct 201302,05597.423.78$7,767
Sep 201312,331104.113.72$8,770
Aug 201312,163104.253.52$7,724
Jul 201301,767102.523.72$6,569
Jun 201301,70094.403.93$6,687
May 2013221,70894.834.15$9,173
Apr 201301,47693.964.28$6,321
Mar 201301,34993.623.91$5,278
Feb 201301,72091.233.42$5,882
Jan 201301,66891.603.42$5,704
Dec 201201,59086.773.42$5,438
Nov 201201,72186.953.62$6,239
Oct 201201,88489.383.40$6,405
Sep 201201,77294.672.92$5,171
Aug 201201,88492.662.91$5,479
Jul 201231,62685.133.02$5,167
Jun 201202,17579.822.52$5,479
May 201202,25891.612.49$5,619
Apr 201212,375101.652.00$4,844
Mar 201202,438105.052.22$5,417
Feb 201202,102101.102.57$5,403
Jan 2012442,90898.092.73$12,267
Dec 201102,53396.873.24$8,206
Nov 201102,55295.723.31$8,450
Oct 201102,71284.983.65$9,895
Sep 201102,88083.623.99$11,479
Aug 201102,37983.404.15$9,871
Jul 201102,57194.144.52$11,614
Jun 2011202,67392.904.64$14,260
May 201102,67498.134.40$11,778
Apr 201101,645105.964.33$7,128
Mar 201102,19396.364.06$8,898
Feb 2011132,08685.644.18$9,833
Jan 201102,38186.504.59$10,926
Dec 201002,65785.734.35$11,552
Nov 201003,18380.843.80$12,081
Oct 201003,30278.103.51$11,586
Sep 2010153,29472.633.98$14,198
Aug 201003,45573.684.42$15,269
Jul 201003,26572.554.74$15,465
Jun 201012,99870.364.91$14,792
May 201002,90271.124.24$12,291
Apr 2010163,04181.694.12$13,844
Mar 201004,10978.394.39$18,033
Feb 201002,34473.585.44$12,757
Jan 201013,02074.365.96$18,086
Dec 200903,71671.445.48$20,378
Nov 200904,26674.593.75$16,004
Oct 200934,01372.544.11$16,712
Sep 200903,32265.543.06$10,181
Aug 200901,07367.423.22$3,453
Jul 200903,54961.133.46$12,296
Jun 200903,10266.163.90$12,082
May 200953,49154.743.93$13,978
Apr 200903,15246.773.59$11,308
Mar 200903,41242.144.06$13,849
Feb 2009203,34132.814.63$16,135
Jan 200914,31835.865.37$23,228
Dec 2008274,41037.105.98$27,361
Nov 200814,62955.496.86$31,812
Oct 200825,03475.246.92$34,996
Sep 2008345,177101.767.88$44,240
Aug 200815,532114.228.48$47,042
Jul 2008345,850131.0811.39$71,085
Jun 200839,350131.3313.03$122,249
May 20082110,690123.1711.57$126,316
Apr 2008810,984110.3110.45$115,719
Mar 200814,399101.909.66$42,614
Feb 200802,20692.538.77$19,348
Jan 200833,07290.388.21$25,479
Dec 200723,29488.337.30$24,229
Nov 200753,12891.677.29$23,267
Oct 200712,76382.856.92$19,208
Sep 200712,37375.846.24$14,893
Aug 2007153,60269.066.39$24,045
Jul 2007115,59070.906.39$36,488
Jun 200722,39562.007.55$18,203
May 200732,75058.747.85$21,753
Apr 200702,33659.617.81$18,233
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20061214756.656.92$1,697
Nov 2006757154.207.62$4,729
Oct 200672,66054.906.01$16,381
Sep 200675,08060.085.04$26,010
Aug 200625,17368.717.34$38,107
Jul 200605,60969.376.34$35,577
Jun 200625,61466.286.38$35,972
May 200605,93666.016.42$38,139
Apr 200635,35764.397.36$39,623
Mar 200646,87356.707.08$48,908
Feb 200686,62257.597.75$51,789
Jan 2006106,77760.598.93$61,147
Dec 200507,63054.9413.42$102,360
Nov 200577,10454.6910.59$75,603
Oct 200576,17758.3413.80$85,625
Sep 200546,65761.4512.08$80,656
Aug 200575,88261.519.80$58,056
Jul 2005117,63855.697.84$60,522
Jun 2005148,06952.337.38$60,290
May 2005109,04545.226.65$60,612
Apr 2005119,90849.207.36$73,469
Mar 200517011,07350.377.15$87,789
Feb 2005910,53745.226.31$66,916
Jan 200510010,86043.166.32$72,975
Dec 200411113,65439.866.75$96,604
Nov 200410310,63445.286.33$71,982
Oct 20049314,73849.706.52$100,642
Sep 2004021,32843.245.28$112,695
Aug 200414124,70442.375.55$143,098
Jul 200412027,29638.286.08$170,667
Jun 20041232,14136.106.43$207,197

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 2022 — as filed, then multipliedworked
Condensate             1 bbl  × $ 76.41 =        $76
Gas                    0 Mcf  × $  5.73 =         $0

────────────────────────────────────────────────────
Month total                                      $76

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/203039 is the state's own key, not one this site invented.