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 205255District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Oct 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
260
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 Gas112005-02-28160525
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
CondensateDisposition1,018 bbl$63,892
GasProduction520,317 Mcf$3,479,793
Total$3,543,686

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 32.2931, -94.7486. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29312, -94.74860 · 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
10,770 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 10,770 ft.

Completions filed
Oct 2004
1 of 1 wells

1 well

42-40133343310,770 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 (260)

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

260 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 20190046.033.23$0
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 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
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 201604327.352.36$102
Dec 2015023432.362.00$468
Nov 2015042938.792.17$930
Oct 2015013443.552.43$325
Sep 2015054042.992.76$1,490
Aug 2015051440.162.87$1,476
Jul 2015038848.152.95$1,143
Jun 2015047956.152.88$1,381
May 20150055.212.96$0
Apr 2015075949.822.71$2,054
Mar 201501,51842.892.93$4,455
Feb 201501,27744.662.98$3,801
Jan 201501,39743.433.10$4,332
Dec 201401,57454.693.59$5,653
Nov 201401,89770.464.25$8,066
Oct 201401,07878.303.90$4,205
Sep 201401,29386.164.05$5,231
Aug 201412,08689.394.04$8,507
Jul 201453,00596.564.18$13,043
Jun 201442,28398.164.74$11,207
May 201431,42994.734.73$7,038
Apr 2014041195.944.81$1,977
Mar 2014036195.895.06$1,826
Feb 2014042697.406.19$2,638
Jan 2014057090.404.86$2,771
Dec 2013747491.824.35$2,707
Nov 2013045688.853.74$1,705
Oct 2013094197.423.78$3,556
Sep 201301,071104.113.72$3,982
Aug 201301,090104.253.52$3,840
Jul 20130966102.523.72$3,591
Jun 201301,12294.403.93$4,413
May 201301,31394.834.15$5,448
Apr 201301,38793.964.28$5,940
Mar 201301,35893.623.91$5,314
Feb 201301,27791.233.42$4,367
Jan 201301,48591.603.42$5,079
Dec 201201,54686.773.42$5,288
Nov 201201,66786.953.62$6,043
Oct 201201,59889.383.40$5,433
Sep 201202,23994.672.92$6,534
Aug 201202,53192.662.91$7,361
Jul 201202,62785.133.02$7,936
Jun 2012261,72279.822.52$6,413
May 201201,92291.612.49$4,783
Apr 201211,720101.652.00$3,536
Mar 201201,964105.052.22$4,364
Feb 201201,822101.102.57$4,683
Jan 201202,08498.092.73$5,698
Dec 2011112,11896.873.24$7,927
Nov 201101,29595.723.31$4,288
Oct 201101,37284.983.65$5,006
Sep 201101,42283.623.99$5,668
Aug 201101,62683.404.15$6,747
Jul 201101,58294.144.52$7,146
Jun 201101,34392.904.64$6,231
May 201111,43098.134.40$6,397
Apr 201111,449105.964.33$6,385
Mar 201101,69496.364.06$6,873
Feb 201171,42585.644.18$6,556
Jan 201101,65886.504.59$7,608
Dec 201001,82685.734.35$7,939
Nov 201071,80980.843.80$7,432
Oct 201001,82578.103.51$6,404
Sep 201011,94072.633.98$7,793
Aug 201001,88773.684.42$8,339
Jul 2010141,89572.554.74$9,991
Jun 201011,93170.364.91$9,552
May 201012,06871.124.24$8,830
Apr 2010102,12381.694.12$9,569
Mar 201001,90478.394.39$8,356
Feb 201001,94973.585.44$10,607
Jan 2010152,51174.365.96$16,091
Dec 200902,91871.445.48$16,002
Nov 200982,86774.593.75$11,352
Oct 200902,91472.544.11$11,977
Sep 200902,85765.543.06$8,756
Aug 200902,77067.423.22$8,915
Jul 200903,03861.133.46$10,525
Jun 200902,38066.163.90$9,270
May 200921,28854.743.93$5,166
Apr 200902,53546.773.59$9,094
Mar 200902,09142.144.06$8,487
Feb 200941,90932.814.63$8,976
Jan 200902,59835.865.37$13,954
Dec 200802,99737.105.98$17,913
Nov 200803,19855.496.86$21,939
Oct 200803,23275.246.92$22,372
Sep 2008103,470101.767.88$28,351
Aug 200803,722114.228.48$31,574
Jul 2008173,391131.0811.39$40,850
Jun 200803,152131.3313.03$41,079
May 2008182,979123.1711.57$36,697
Apr 2008183,061110.3110.45$33,988
Mar 2008213,190101.909.66$32,968
Feb 200813,08292.538.77$27,123
Jan 2008253,70790.388.21$32,678
Dec 200714,32188.337.30$31,640
Nov 2007234,65591.677.29$36,051
Oct 200714,80682.856.92$33,350
Sep 200713,29675.846.24$20,657
Aug 2007245,00369.066.39$33,616
Jul 2007244,66970.906.39$31,527
Jun 200714,36962.007.55$33,041
May 2007224,88858.747.85$39,645
Apr 200708,10359.617.81$63,246
Mar 2007194,99256.927.30$37,533
Feb 200764,18755.108.22$34,731
Jan 2007021750.306.73$1,460
Dec 200681,52456.656.92$10,997
Nov 2006134,22454.207.62$32,881
Oct 200604,67254.906.01$28,096
Sep 200605,17760.085.04$26,078
Aug 200605,05368.717.34$37,089
Jul 2006325,41969.376.34$36,591
Jun 200605,60566.286.38$35,782
May 2006205,46366.016.42$36,420
Apr 200604,82764.397.36$35,529
Mar 200606,92056.707.08$49,014
Feb 200604,97257.597.75$38,539
Jan 2006177,63360.598.93$69,218
Dec 200509,04454.9413.42$121,329
Nov 2005108,55654.6910.59$91,141
Oct 2005108,29558.3413.80$115,019
Sep 200568,72261.4512.08$105,722
Aug 2005119,05561.519.80$89,387
Jul 2005608,98455.697.84$73,809
Jun 2005328,51452.337.38$64,517
May 20053213,10845.226.65$88,630
Apr 20053314,34849.207.36$107,232
Mar 20057515,95550.377.15$117,934
Feb 20055416,71745.226.31$107,958
Jan 20055921,02343.166.32$135,458
Dec 20046726,01539.866.75$178,300
Nov 20046225,47345.286.33$164,062
Oct 20045539,57849.706.52$260,588

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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 27.35 =         $0
Gas                   43 Mcf  × $  2.36 =       $102

────────────────────────────────────────────────────
Month total                                     $102

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/205255 is the state's own key, not one this site invented.