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 203806District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jul 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
263
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 Gas112004-11-19159603
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
CondensateDisposition465 bbl$23,554
GasProduction188,732 Mcf$1,382,218
Total$1,405,772

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 32.2996, -94.7550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29965, -94.75499 · 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
10,847 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 10,847 ft.

Completions filed
Oct 2004
1 of 1 wells

1 well

42-40133338510,847 ftOct 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 (263)

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

263 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 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019019446.033.23$626
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201806360.183.08$194
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018013461.782.77$371
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201302588.853.74$93
Oct 201306397.423.78$238
Sep 2013071104.113.72$264
Aug 2013071104.253.52$250
Jul 2013059102.523.72$219
Jun 201305794.403.93$224
May 201305094.834.15$207
Apr 201304993.964.28$210
Mar 201303893.623.91$149
Feb 201304491.233.42$150
Jan 2013021691.603.42$739
Dec 2012053086.773.42$1,813
Nov 2012042186.953.62$1,526
Oct 2012042589.383.40$1,445
Sep 201208294.672.92$239
Aug 201202292.662.91$64
Jul 201201885.133.02$54
Jun 201201879.822.52$45
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012021105.052.22$47
Feb 2012020101.102.57$51
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201102184.983.65$77
Sep 201101883.623.99$72
Aug 201102483.404.15$100
Jul 201104994.144.52$221
Jun 201102692.904.64$121
May 20110098.134.40$0
Apr 20110121105.964.33$524
Mar 2011015696.364.06$633
Feb 2011065785.644.18$2,746
Jan 20110086.504.59$0
Dec 20100085.734.35$0
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 201005174.365.96$304
Dec 200902671.445.48$143
Nov 200905474.593.75$203
Oct 200905172.544.11$210
Sep 200905165.543.06$156
Aug 2009011467.423.22$367
Jul 2009011461.133.46$395
Jun 2009015466.163.90$600
May 2009133954.743.93$1,386
Apr 2009010246.773.59$366
Mar 2009018742.144.06$759
Feb 200938832.814.63$506
Jan 2009021035.865.37$1,128
Dec 200853837.105.98$413
Nov 2008022855.496.86$1,564
Oct 2008035075.246.92$2,423
Sep 20083371101.767.88$3,228
Aug 20080283114.228.48$2,401
Jul 20081346131.0811.39$4,072
Jun 200811,061131.3313.03$13,959
May 200821,592123.1711.57$18,673
Apr 200821,828110.3110.45$19,332
Mar 20082838101.909.66$8,302
Feb 200821,23192.538.77$10,982
Jan 2008198590.388.21$8,173
Dec 2007170388.337.30$5,222
Nov 2007167491.677.29$5,006
Oct 2007162782.856.92$4,423
Sep 200721,24275.846.24$7,907
Aug 200731,60069.066.39$10,428
Jul 200711,72970.906.39$11,116
Jun 200701,59762.007.55$12,055
May 200701,87858.747.85$14,735
Apr 200702,86259.617.81$22,338
Mar 200712,09156.927.30$15,325
Feb 2007039655.108.22$3,254
Jan 20070050.306.73$0
Dec 20061346956.656.92$3,981
Nov 2006898554.207.62$7,937
Oct 200681,41954.906.01$8,973
Sep 200671,35360.085.04$7,236
Aug 200641,58468.717.34$11,901
Jul 200602,25869.376.34$14,322
Jun 200642,02566.286.38$13,192
May 200601,95766.016.42$12,574
Apr 200683,71964.397.36$27,889
Mar 2006104,32456.707.08$31,194
Feb 200672,68757.597.75$21,230
Jan 200632,53160.598.93$22,792
Dec 200502,64354.9413.42$35,457
Nov 200522,75954.6910.59$29,323
Oct 200532,06558.3413.80$28,663
Sep 200517,70061.4512.08$93,070
Aug 200535,32761.519.80$52,372
Jul 2005326,21955.697.84$50,562
Jun 2005207,12152.337.38$53,607
May 2005189,52245.226.65$64,146
Apr 2005148,27649.207.36$61,604
Mar 20055711,90850.377.15$88,071
Feb 20051112,77245.226.31$81,113
Jan 20053010,02643.166.32$64,681
Dec 2004348,28039.866.75$57,254
Nov 20043110,11945.286.33$65,461
Oct 2004245,91949.706.52$39,756
Sep 200405,83043.245.28$30,805
Aug 20044311,47242.375.55$65,499
Jul 2004375,60938.286.08$35,543

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.

Jan 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.03 =         $0
Gas                  194 Mcf  × $  3.23 =       $626

────────────────────────────────────────────────────
Month total                                     $626

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/203806 is the state's own key, not one this site invented.