PIERCE, REUBEN GAS UNIT

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the WASKOM (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245940District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Sep 2008 – May 2026
Value, last 12 filed months
$325 k
at the published price for each month
Months reported
213
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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered
1955-09-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-11-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112009-04-07190314
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
CondensateDisposition96 bbl$6,313
GasProduction2,464,554 Mcf$9,958,277
Total$9,964,590

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 32.4458, -94.1456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44576, -94.14563 · 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
9,416 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 9,416 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-2033439010H9,416 ftSep 2008

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 (213)

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

213 months

May 202608,352106.413.05$25,439
Apr 202647,89498.932.87$23,049
Mar 202688,21889.753.15$26,600
Feb 202607,35463.503.75$27,580
Jan 202677,58659.138.00$61,086
Dec 202506,86556.664.41$30,298
Nov 202546,74458.593.93$26,714
Oct 202547,64359.383.30$25,496
Sep 202534,80562.743.08$14,973
Aug 202556,72363.933.01$20,588
Jul 202546,77866.743.32$22,737
Jun 202536,55966.483.13$20,721
May 202556,78860.553.23$22,244
Apr 202586,50662.363.54$23,550
Mar 202506,69667.704.27$28,581
Feb 202506,05870.884.34$26,297
Jan 202576,57674.324.28$28,657
Dec 202406,39568.993.12$19,961
Nov 202406,13669.052.20$13,490
Oct 202406,04371.372.28$13,787
Sep 202435,78069.612.36$13,875
Aug 202405,90075.632.06$12,175
Jul 202405,90979.932.15$12,684
Jun 202405,79878.082.63$15,272
May 202406,11678.812.20$13,446
Apr 202406,02384.451.66$9,993
Mar 202416,13380.301.55$9,557
Feb 202405,69976.091.78$10,165
Jan 202406,25373.023.30$20,620
Dec 202315,30171.262.61$13,911
Nov 202305,76677.892.81$16,188
Oct 202306,23485.443.09$19,246
Sep 202306,08689.042.74$16,645
Aug 202316,47080.522.67$17,374
Jul 202307,30774.852.64$19,304
Jun 202303,60668.962.26$8,144
May 202306,48070.622.23$14,434
Apr 202306,32778.122.24$14,158
Mar 202317,26772.852.39$17,464
Feb 202303,50275.112.47$8,635
Jan 202307,00076.533.39$23,714
Dec 202204,28676.415.73$24,555
Nov 202215,81685.005.65$32,923
Oct 202216,23187.185.86$36,624
Sep 202218,25984.888.16$67,509
Aug 202205,33194.529.13$48,657
Jul 202206,572101.587.54$49,567
Jun 202206,615115.097.98$52,769
May 202226,982109.378.43$59,098
Apr 202204,760104.226.84$32,547
Mar 202206,364108.885.08$32,306
Feb 202226,00191.054.86$29,340
Jan 202205,72181.844.54$25,960
Dec 202106,33271.323.90$24,689
Nov 202106,25277.435.24$32,741
Oct 202106,34579.795.71$36,255
Sep 202106,14469.865.35$32,876
Aug 202106,48566.024.22$27,371
Jul 202106,55970.783.98$26,118
Jun 202106,40869.493.38$21,663
May 202106,75263.483.02$20,375
Apr 202106,94760.362.76$19,163
Mar 202107,49061.302.72$20,350
Feb 202104,72957.805.55$26,236
Jan 202106,73350.412.81$18,922
Dec 202006,63444.642.68$17,749
Nov 202006,53338.772.71$17,682
Oct 202006,75436.972.48$16,739
Sep 202006,63137.091.99$13,203
Aug 202006,86939.982.39$16,383
Jul 202007,14538.371.83$13,040
Jun 202057,24234.901.69$12,416
May 202026,65816.921.81$12,116
Apr 202006,78214.751.80$12,237
Mar 202027,45530.341.86$13,899
Feb 202006,41849.881.98$12,712
Jan 202007,55657.252.09$15,828
Dec 201907,67259.012.30$17,679
Nov 201905,91355.302.75$16,265
Oct 201907,71253.472.42$18,652
Sep 201907,06955.052.66$18,784
Aug 201917,63053.112.30$17,635
Jul 201967,16956.272.46$17,974
Jun 201906,91252.782.49$17,219
May 201907,35958.482.74$20,166
Apr 201907,07162.632.75$19,450
Mar 201907,45356.803.06$22,822
Feb 201906,80350.852.79$18,995
Jan 201907,63046.033.23$24,631
Dec 201847,39346.594.19$31,129
Nov 201807,24052.934.24$30,678
Oct 201807,65161.443.40$25,999
Sep 201807,12359.543.11$22,138
Aug 201807,49559.403.07$22,984
Jul 201807,48965.142.93$21,957
Jun 201807,30360.183.08$22,471
May 201807,64965.382.90$22,188
Apr 201807,25263.842.90$21,037
Mar 201807,66161.222.79$21,350
Feb 201807,19861.782.77$19,911
Jan 201807,51962.874.01$30,146
Dec 201707,57857.272.92$22,139
Nov 201707,43955.423.12$23,197
Oct 201707,70949.292.98$23,001
Sep 201707,37747.523.09$22,775
Aug 201707,51045.373.00$22,563
Jul 201707,70443.873.09$23,784
Jun 201707,87742.493.09$24,319
May 201707,96745.373.26$26,000
Apr 201707,81947.933.21$25,112
Mar 201708,04746.772.98$24,010
Feb 201707,58450.452.95$22,393
Jan 201707,87849.413.42$26,933
Dec 201607,98748.763.72$29,734
Nov 201607,59742.492.64$20,089
Oct 201607,92146.193.09$24,478
Sep 201607,80241.553.10$24,191
Aug 201608,01641.442.92$23,442
Jul 201608,22841.622.92$24,061
Jun 201607,90945.352.69$21,242
May 201608,20042.521.99$16,327
Apr 201607,96336.561.99$15,855
Mar 201608,19033.011.79$14,693
Feb 201607,96626.472.06$16,439
Jan 201609,00927.352.36$21,301
Dec 201509,05932.362.00$18,131
Nov 201508,66238.792.17$18,773
Oct 201509,33643.552.43$22,655
Sep 201509,04542.992.76$24,950
Aug 201509,89440.162.87$28,420
Jul 201509,93048.152.95$29,245
Jun 201509,36156.152.88$26,986
May 201509,62055.212.96$28,431
Apr 201509,69449.822.71$26,237
Mar 201509,81742.892.93$28,810
Feb 201508,79344.662.98$26,170
Jan 201508,78543.433.10$27,239
Dec 201408,59454.693.59$30,864
Nov 201408,41870.464.25$35,792
Oct 201408,83578.303.90$34,465
Sep 201408,92786.164.05$36,114
Aug 201409,02789.394.04$36,425
Jul 201409,10496.564.18$38,051
Jun 201408,88698.164.74$42,092
May 201409,32994.734.73$44,094
Apr 201408,85195.944.81$42,566
Mar 201409,76095.895.06$49,354
Feb 201409,10297.406.19$56,360
Jan 2014010,19690.404.86$49,560
Dec 2013010,17591.824.35$44,307
Nov 201309,78088.853.74$36,560
Oct 2013010,30097.423.78$38,927
Sep 2013010,271104.113.72$38,185
Aug 2013010,649104.253.52$37,512
Jul 2013010,445102.523.72$38,832
Jun 2013010,30094.403.93$40,514
May 2013010,86294.834.15$45,067
Apr 2013010,66293.964.28$45,661
Mar 2013011,10993.623.91$43,468
Feb 201309,99591.233.42$34,182
Jan 2013011,11891.603.42$38,023
Dec 2012011,12186.773.42$38,036
Nov 2012010,71086.953.62$38,823
Oct 2012011,20789.383.40$38,100
Sep 2012010,08794.672.92$29,438
Aug 2012011,43092.662.91$33,240
Jul 2012012,39385.133.02$37,437
Jun 201208,85879.822.52$22,314
May 201209,62391.612.49$23,945
Apr 2012013,470101.652.00$26,897
Mar 2012013,359105.052.22$29,685
Feb 2012012,588101.102.57$32,354
Jan 2012013,74998.092.73$37,591
Dec 2011024,46496.873.24$79,257
Nov 2011018,02395.723.31$59,679
Oct 2011015,10284.983.65$55,100
Sep 2011015,53383.623.99$61,911
Aug 2011016,96383.404.15$70,385
Jul 2011019,23594.144.52$86,889
Jun 2011021,40592.904.64$99,317
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201108,17285.644.18$34,159
Jan 2011019,48686.504.59$89,417
Dec 2010020,22385.734.35$87,925
Nov 2010021,07880.843.80$79,998
Oct 2010020,28278.103.51$71,167
Sep 2010022,59672.633.98$89,920
Aug 2010024,26973.684.42$107,253
Jul 2010026,22672.554.74$124,219
Jun 2010022,36170.364.91$109,801
May 2010024,76471.124.24$104,881
Apr 2010024,43081.694.12$100,717
Mar 2010026,87178.394.39$117,928
Feb 2010021,50673.585.44$117,043
Jan 2010025,56774.365.96$152,484
Dec 2009026,15871.445.48$143,444
Nov 2009025,82374.593.75$96,875
Oct 2009028,13372.544.11$115,634
Sep 2009027,87065.543.06$85,415
Aug 2009030,19567.423.22$97,183
Jul 2009031,50861.133.46$109,159
Jun 2009033,61866.163.90$130,942
May 2009036,85054.743.93$144,664
Apr 2009037,49546.773.59$134,513
Mar 2009041,09242.144.06$166,792
Feb 2009041,79932.814.63$193,655
Jan 2009047,76435.865.37$256,540
Dec 2008059,62037.105.98$356,357
Nov 2008070,23355.496.86$481,824
Oct 2008094,72075.246.92$655,650
Sep 2008048,724101.767.88$383,803

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             0 bbl  × $106.41 =         $0
Gas                8,352 Mcf  × $  3.05 =    $25,439

────────────────────────────────────────────────────
Month total                                  $25,439

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/245940 is the state's own key, not one this site invented.