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 218343District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$569 k
Jan 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
245
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 Gas112006-12-07170948
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
CondensateDisposition83 bbl$7,407
GasProduction91,011 Mcf$561,766
Total$569,173

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 32.2972, -94.7527. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29716, -94.75270 · 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
10,861 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 10,861 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-40133473910,861 ftJan 2006

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 (245)

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

245 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 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 2015022949.822.71$620
Mar 2015044442.892.93$1,303
Feb 2015038544.662.98$1,146
Jan 2015042243.433.10$1,308
Dec 2014046054.693.59$1,652
Nov 2014057370.464.25$2,436
Oct 2014053178.303.90$2,071
Sep 2014039186.164.05$1,582
Aug 2014072789.394.04$2,934
Jul 2014011396.564.18$472
Jun 201408598.164.74$403
May 201405394.734.73$251
Apr 201401695.944.81$77
Mar 201401095.895.06$51
Feb 201401697.406.19$99
Jan 201402190.404.86$102
Dec 201301791.824.35$74
Nov 201304688.853.74$172
Oct 2013014997.423.78$563
Sep 20130170104.113.72$632
Aug 20130173104.253.52$609
Jul 20130153102.523.72$569
Jun 2013017994.403.93$704
May 2013020894.834.15$863
Apr 2013019893.964.28$848
Mar 2013021593.623.91$841
Feb 2013020391.233.42$694
Jan 2013067491.603.42$2,305
Dec 2012071186.773.42$2,432
Nov 2012076786.953.62$2,780
Oct 2012073589.383.40$2,499
Sep 2012030694.672.92$893
Aug 2012027792.662.91$806
Jul 2012034785.133.02$1,048
Jun 2012030079.822.52$756
May 2012028691.612.49$712
Apr 20120256101.652.00$511
Mar 20120287105.052.22$638
Feb 20120271101.102.57$697
Jan 2012031098.092.73$848
Dec 2011131596.873.24$1,117
Nov 2011031195.723.31$1,030
Oct 2011032984.983.65$1,200
Sep 2011034183.623.99$1,359
Aug 2011049883.404.15$2,066
Jul 2011046894.144.52$2,114
Jun 2011039792.904.64$1,842
May 2011039898.134.40$1,753
Apr 20110770105.964.33$3,337
Mar 2011090196.364.06$3,656
Feb 2011378685.644.18$3,542
Jan 2011066086.504.59$3,029
Dec 2010057785.734.35$2,509
Nov 2010053680.843.80$2,034
Oct 2010049778.103.51$1,744
Sep 2010047172.633.98$1,874
Aug 2010045273.684.42$1,998
Jul 2010049072.554.74$2,321
Jun 2010055570.364.91$2,725
May 2010057871.124.24$2,448
Apr 2010063581.694.12$2,618
Mar 2010068578.394.39$3,006
Feb 2010066173.585.44$3,597
Jan 2010085774.365.96$5,111
Dec 200901,10071.445.48$6,032
Nov 200901,24274.593.75$4,659
Oct 200901,29872.544.11$5,335
Sep 2009077065.543.06$2,360
Aug 2009088467.423.22$2,845
Jul 2009097861.133.46$3,388
Jun 2009066166.163.90$2,575
May 200901,00754.743.93$3,953
Apr 200901,13346.773.59$4,065
Mar 200901,24442.144.06$5,049
Feb 200911,14032.814.63$5,314
Jan 200901,33735.865.37$7,181
Dec 200801,39037.105.98$8,308
Nov 200801,34355.496.86$9,213
Oct 200801,34075.246.92$9,275
Sep 200851,360101.767.88$11,222
Aug 200801,458114.228.48$12,368
Jul 2008111,360131.0811.39$16,932
Jun 200821,423131.3313.03$18,808
May 2008101,478123.1711.57$18,339
Apr 200881,544110.3110.45$17,025
Mar 200811,293101.909.66$12,598
Feb 2008071892.538.77$6,297
Jan 2008062090.388.21$5,088
Dec 2007061788.337.30$4,505
Nov 2007062891.677.29$4,579
Oct 2007060482.856.92$4,181
Sep 2007064475.846.24$4,021
Aug 2007076669.066.39$4,893
Jul 200701,18270.906.39$7,551
Jun 200701,10462.007.55$8,333
May 200701,12658.747.85$8,835
Apr 200701,51959.617.81$11,856
Mar 200701,18856.927.30$8,675
Feb 200701,37355.108.22$11,281
Jan 20070050.306.73$0
Dec 2006657256.656.92$4,297
Nov 200691,79154.207.62$14,131
Oct 200601,85854.906.01$11,174
Sep 200601,97860.085.04$9,964
Aug 200602,52368.717.34$18,519
Jul 2006144,41369.376.34$28,962
Jun 2006021366.286.38$1,360
May 2006121366.016.42$876
Apr 200602,08564.397.36$15,347
Mar 200605,25556.707.08$37,221
Feb 200605,25557.597.75$40,732
Jan 200601,30160.598.93$11,622

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.

Apr 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.82 =         $0
Gas                  229 Mcf  × $  2.71 =       $620

────────────────────────────────────────────────────
Month total                                     $620

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/218343 is the state's own key, not one this site invented.