PIERCE, WALTER ET AL UNIT

Operated by SPEEGLE OIL AND GAS COMPANY (P-5 809290) 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 80692District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
401
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
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
CondensateDisposition648 bbl$11,011
GasProduction460,667 Mcf$1,645,361
Total$1,656,372

112,709 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.2969, -94.7489. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29688, -94.74894 · 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
10,859 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 10,859 ft.

Completions filed
Oct 1978
1 of 1 wells

1 well

42-40130660110,859 ftOct 1978

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 (401)

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

401 months

May 20260151106.413.05$460
Apr 2026015198.932.87$433
Mar 202609889.753.15$309
Feb 202609863.503.75$368
Jan 2026012659.138.00$1,008
Dec 2025011456.664.41$503
Nov 2025011858.593.93$463
Oct 2025010659.383.30$350
Sep 2025010162.743.08$311
Aug 2025012263.933.01$368
Jul 2025013166.743.32$434
Jun 2025011366.483.13$354
May 2025012860.553.23$414
Apr 2025010562.363.54$372
Mar 2025013667.704.27$580
Feb 2025010270.884.34$443
Jan 2025011074.324.28$471
Dec 2024011568.993.12$359
Nov 2024010869.052.20$237
Oct 2024012071.372.28$274
Sep 2024010869.612.36$255
Aug 2024010875.632.06$223
Jul 2024014879.932.15$318
Jun 2024012178.082.63$319
May 2024012978.812.20$284
Apr 2024011284.451.66$186
Mar 2024013580.301.55$209
Feb 2024011876.091.78$210
Jan 2024010873.023.30$356
Dec 2023014171.262.61$368
Nov 2023013577.892.81$379
Oct 2023013085.443.09$401
Sep 2023012689.042.74$345
Aug 2023012380.522.67$329
Jul 2023013574.852.64$357
Jun 2023013668.962.26$307
May 2023014470.622.23$321
Apr 2023013878.122.24$309
Mar 2023014872.852.39$354
Feb 2023014275.112.47$350
Jan 2023015676.533.39$528
Dec 2022015776.415.73$899
Nov 2022016585.005.65$932
Oct 2022018287.185.86$1,067
Sep 2022014884.888.16$1,208
Aug 2022017094.529.13$1,552
Jul 20220176101.587.54$1,327
Jun 20220166115.097.98$1,324
May 20220179109.378.43$1,510
Apr 20220177104.226.84$1,210
Mar 20220163108.885.08$827
Feb 2022016491.054.86$797
Jan 2022018781.844.54$849
Dec 2021018771.323.90$729
Nov 2021018677.435.24$974
Oct 2021019079.795.71$1,086
Sep 2021019069.865.35$1,017
Aug 2021017866.024.22$751
Jul 2021016570.783.98$657
Jun 2021019569.493.38$659
May 2021020863.483.02$628
Apr 2021018360.362.76$505
Mar 2021021661.302.72$587
Feb 2021019757.805.55$1,093
Jan 2021025750.412.81$722
Dec 2020023244.642.68$621
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200139.982.39$2
Jul 2020021038.371.83$383
Jun 2020019134.901.69$323
May 2020019316.921.81$350
Apr 2020020414.751.80$368
Mar 2020020730.341.86$384
Feb 2020019749.881.98$390
Jan 2020021157.252.09$442
Dec 2019022959.012.30$528
Nov 2019022355.302.75$613
Oct 2019022653.472.42$547
Sep 2019021855.052.66$579
Aug 2019023553.112.30$542
Jul 2019017656.272.46$433
Jun 2019023052.782.49$573
May 2019019758.482.74$540
Apr 2019020162.632.75$553
Mar 2019024656.803.06$753
Feb 2019028250.852.79$787
Jan 2019022446.033.23$723
Dec 2018024246.594.19$1,013
Nov 2018022552.934.24$953
Oct 2018021561.443.40$731
Sep 2018024459.543.11$758
Aug 2018024859.403.07$761
Jul 2018025365.142.93$742
Jun 2018025960.183.08$797
May 2018024065.382.90$696
Apr 2018022863.842.90$661
Mar 2018024961.222.79$694
Feb 2018023861.782.77$658
Jan 2018025362.874.01$1,014
Dec 2017035357.272.92$1,031
Nov 2017025255.423.12$786
Oct 2017024949.292.98$743
Sep 2017024247.523.09$747
Aug 2017020445.373.00$613
Jul 2017028743.873.09$886
Jun 201708342.493.09$256
May 201708145.373.26$264
Apr 2017010147.933.21$324
Mar 2017011346.772.98$337
Feb 2017011150.452.95$328
Jan 2017010249.413.42$349
Dec 2016013148.763.72$488
Nov 201609942.492.64$262
Oct 2016012746.193.09$392
Sep 2016010741.553.10$332
Aug 2016011241.442.92$328
Jul 2016012541.622.92$366
Jun 2016010845.352.69$290
May 2016011742.521.99$233
Apr 2016011536.561.99$229
Mar 2016012033.011.79$215
Feb 2016010826.472.06$223
Jan 2016015527.352.36$366
Dec 2015014432.362.00$288
Nov 2015015938.792.17$345
Oct 2015016843.552.43$408
Sep 2015016142.992.76$444
Aug 2015017340.162.87$497
Jul 2015019748.152.95$580
Jun 2015013356.152.88$383
May 2015017855.212.96$526
Apr 2015016649.822.71$449
Mar 2015019042.892.93$558
Feb 2015016444.662.98$488
Jan 2015018843.433.10$583
Dec 2014019454.693.59$697
Nov 2014017070.464.25$723
Oct 2014019678.303.90$765
Sep 2014017786.164.05$716
Aug 2014018789.394.04$755
Jul 2014018196.564.18$757
Jun 2014018298.164.74$862
May 2014019794.734.73$931
Apr 2014018095.944.81$866
Mar 2014045995.895.06$2,321
Feb 2014045897.406.19$2,836
Jan 2014050090.404.86$2,430
Dec 2013050091.824.35$2,177
Nov 2013051188.853.74$1,910
Oct 2013051697.423.78$1,950
Sep 20130501104.113.72$1,863
Aug 20130518104.253.52$1,825
Jul 20130462102.523.72$1,718
Jun 2013050194.403.93$1,971
May 2013052594.834.15$2,178
Apr 2013052193.964.28$2,231
Mar 2013051793.623.91$2,023
Feb 2013051191.233.42$1,748
Jan 2013061691.603.42$2,107
Dec 2012050786.773.42$1,734
Nov 2012054686.953.62$1,979
Oct 2012054989.383.40$1,866
Sep 2012044894.672.92$1,307
Aug 2012061292.662.91$1,780
Jul 2012053485.133.02$1,613
Jun 2012058679.822.52$1,476
May 2012062491.612.49$1,553
Apr 20120595101.652.00$1,188
Mar 20120535105.052.22$1,189
Feb 20120603101.102.57$1,550
Jan 2012063098.092.73$1,722
Dec 2011061796.873.24$1,999
Nov 2011063095.723.31$2,086
Oct 2011063584.983.65$2,317
Sep 2011065983.623.99$2,627
Aug 2011068783.404.15$2,851
Jul 2011069694.144.52$3,144
Jun 2011068192.904.64$3,160
May 2011073898.134.40$3,251
Apr 20110977105.964.33$4,234
Mar 2011098196.364.06$3,980
Feb 2011094885.644.18$3,963
Jan 201101,25386.504.59$5,750
Dec 2010097385.734.35$4,230
Nov 201001,23280.843.80$4,676
Oct 201001,11178.103.51$3,898
Sep 201001,24072.633.98$4,935
Aug 201001,28973.684.42$5,697
Jul 201001,28872.554.74$6,101
Jun 201001,20170.364.91$5,897
May 201001,53071.124.24$6,480
Apr 2010097781.694.12$4,028
Mar 201001,37778.394.39$6,043
Feb 201001,10973.585.44$6,036
Jan 201001,23474.365.96$7,360
Dec 200901,31071.445.48$7,184
Nov 200901,37474.593.75$5,155
Oct 200901,48572.544.11$6,104
Sep 200901,19265.543.06$3,653
Aug 200901,37767.423.22$4,432
Jul 200901,42561.133.46$4,937
Jun 200901,56166.163.90$6,080
May 200901,56454.743.93$6,140
Apr 200901,82246.773.59$6,536
Mar 200902,31042.144.06$9,376
Feb 2009069032.814.63$3,197
Jan 200901,28835.865.37$6,918
Dec 2008025637.105.98$1,530
Nov 2008018755.496.86$1,283
Oct 2008018275.246.92$1,260
Sep 20080169101.767.88$1,331
Aug 20080650114.228.48$5,514
Jul 20080758131.0811.39$8,633
Jun 20080721131.3313.03$9,397
May 20080843123.1711.57$9,757
Apr 20080901110.3110.45$9,420
Mar 20080863101.909.66$8,340
Feb 2008098592.538.77$8,639
Jan 2008098090.388.21$8,042
Dec 200701,02088.337.30$7,448
Nov 2007088991.677.29$6,482
Oct 2007089182.856.92$6,167
Sep 200701,30775.846.24$8,161
Aug 200701,17169.066.39$7,480
Jul 200701,19070.906.39$7,602
Jun 200701,35762.007.55$10,243
May 200701,76058.747.85$13,809
Apr 200701,80759.617.81$14,104
Mar 200702,81056.927.30$20,519
Feb 2007038155.108.22$3,130
Jan 2007050050.306.73$3,363
Dec 2006047556.656.92$3,286
Nov 200601,09854.207.62$8,364
Oct 200601,36654.906.01$8,215
Sep 200601,46660.085.04$7,385
Aug 200602,60468.717.34$19,113
Jul 200601,86169.376.34$11,804
Jun 200601,55966.286.38$9,952
May 200601,78066.016.42$11,437
Apr 200601,73464.397.36$12,763
Mar 200601,82056.707.08$12,891
Feb 2006098857.597.75$7,658
Jan 200601,13460.598.93$10,130
Dec 200501,21254.9413.42$16,259
Nov 200501,28354.6910.59$13,585
Oct 200502,14858.3413.80$29,633
Sep 200502,74961.4512.08$33,205
Aug 200502,57861.519.80$25,256
Jul 200503,13655.697.84$24,598
Jun 200503,13352.337.38$23,125
May 200503,66745.226.65$24,390
Apr 200504,62649.207.36$34,050
Mar 200501,58650.377.15$11,348
Feb 200502,00045.226.31$12,624
Jan 200502,10343.166.32$13,296
Dec 200403,30539.866.75$22,312
Nov 200403,06045.286.33$19,371
Oct 200403,44549.706.52$22,445
Sep 200403,30643.245.28$17,469
Aug 200403,26542.375.55$18,123
Jul 200403,30938.286.08$20,133
Jun 200403,24636.106.43$20,882
May 200403,27837.486.49$21,289
Apr 200403,99534.475.86$23,405
Mar 200404,12634.365.53$22,817
Feb 200402,60432.455.51$14,347
Jan 200402,63532.036.30$16,600
Dec 200301,36830.266.30$8,621
Nov 200301,80228.804.60$8,280
Oct 200301,15928.174.76$5,516
Sep 2003093126.314.75$4,422
Aug 2003095229.765.13$4,883
Jul 200301,98829.415.17$10,280
Jun 200302,08028.565.98$12,445
May 200302,92326.595.97$17,458
Apr 200304,37926.675.41$23,678
Mar 200304,38231.146.10$26,713
Feb 200303,83333.487.93$30,380
Jan 200304,28430.315.58$23,913
Dec 200204,00826.914.85$19,454
Nov 200203,51124.664.14$14,525
Oct 200202,68326.464.23$11,347
Sep 200202,20727.443.64$8,023
Aug 200202,72925.963.16$8,635
Jul 2002075024.583.06$2,296
Jun 2002076023.733.34$2,537
May 200201,45024.663.58$5,197
Apr 200202,69423.653.51$9,462
Mar 200202,96022.003.10$9,184
Feb 200204,16518.222.38$9,895
Jan 20021215,29917.172.38$14,666
Dec 200102,34316.932.36$5,540
Nov 2001046518.072.41$1,119
Oct 2001042319.782.53$1,070
Sep 2001056824.262.25$1,279
Aug 2001057524.873.05$1,756
Jul 2001053423.933.20$1,707
Jun 2001075524.563.82$2,887
May 2001072425.524.31$3,119
Apr 2001038024.685.34$2,027
Mar 200108824.545.38$473
Feb 2001036027.755.77$2,076
Jan 2001073827.478.40$6,198
Dec 2000048326.889.12$4,406
Nov 2000037532.215.66$2,122
Oct 2000062431.235.15$3,211
Sep 2000041131.875.19$2,132
Aug 2000063329.644.54$2,874
Jul 2000066528.534.09$2,720
Jun 2000076329.304.40$3,355
May 2000072527.263.68$2,668
Apr 2000074824.513.12$2,331
Mar 200001,04628.422.86$2,991
Feb 2000064827.622.73$1,767
Jan 200001,62025.272.48$4,018
Dec 199901,34924.282.42$3,270
Nov 199901,50023.192.43$3,651
Oct 199901,47720.982.80$4,141
Sep 199901,70821.752.62$4,473
Aug 199901,40719.262.88$4,046
Jul 199902,52417.892.37$5,988
Jun 199903,46815.942.36$8,192
May 199902,44315.792.32$5,670
Apr 199902,30915.102.21$5,098
Mar 199902,35112.471.84$4,322
Feb 199901,6409.981.82$2,981
Jan 199902,81810.381.90$5,354
Dec 199802,5019.201.77$4,435
Nov 199862,23810.892.19$4,957
Oct 199802,42912.421.97$4,783
Sep 199802,12912.592.08$4,434
Aug 199802,86511.301.91$5,465
Jul 199822,01911.742.24$4,541
Jun 199801,86311.242.24$4,168
May 199851,94312.622.21$4,350
Apr 199802,35513.042.51$5,900
Mar 199831,60512.802.31$3,745
Feb 199802,29613.952.30$5,279
Jan 199802,18414.702.15$4,706
Dec 199702,26616.322.41$5,464
Nov 199702,83418.193.09$8,752
Oct 199702,24719.253.15$7,078
Sep 199701,73217.742.95$5,118
Aug 199702,14417.862.55$5,477
Jul 1997030917.582.25$694
Jun 199702,75217.242.26$6,212
May 199702,73718.972.31$6,318
Apr 199703,21417.882.08$6,694
Mar 199703,41718.951.94$6,626
Feb 1997094620.492.21$2,087
Jan 199701,85023.483.54$6,548
Dec 199603,06523.32$0
Nov 1996090821.97$0
Oct 199602,16323.31$0
Sep 199602,19822.22$0
Aug 199602,30120.26$0
Jul 199602,86419.55$0
Jun 199602,90218.73$0
May 199604,20619.43$0
Apr 199604,14221.51$0
Mar 19961382,00219.38$2,674
Feb 199614064516.98$2,377
Jan 199605,14017.07$0
Dec 1995145,60517.19$241
Nov 199513,96416.00$16
Oct 199514,26115.43$15
Sep 199513,64516.18$16
Aug 199514,13415.92$16
Jul 199516,51715.24$15
Jun 199514,68916.41$16
May 199522,98917.56$35
Apr 199511,82417.73$18
Mar 199514,36016.44$16
Feb 199521,80416.58$33
Jan 199531,48315.92$48
Dec 1994389215.03$45
Nov 199441,08515.90$64
Oct 199411,18315.58$16
Sep 199401,29315.29$0
Aug 199411,24916.13$16
Jul 199411,70117.56$18
Jun 199411,48117.09$17
May 199491,64315.88$143
Apr 199421,44914.14$28
Mar 199421,21012.46$25
Feb 199421,42312.50$25
Jan 199401,64312.66$0
Dec 199321,22712.33$25
Nov 199301,61914.49$0
Oct 199311,73815.85$16
Sep 199331,44115.03$45
Aug 19931551,56815.66$2,427
Jul 1993084615.46$0
Jun 1993081216.79$0
May 199322,33217.68$35
Apr 199361,48018.05$108
Mar 199301,98518.14$0
Feb 199301,93417.90$0
Jan 199391,66416.93$152

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                  151 Mcf  × $  3.05 =       $460

────────────────────────────────────────────────────
Month total                                     $460

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/80692 is the state's own key, not one this site invented.