REUBEN PIERCE OIL UNIT

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the WASKOM (TRAVIS PEAK 1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15724District 06Field 95369816OilCasinghead gasSaveExport
Value, all time
$3.4 M
Sep 2019 – May 2026
Value, last 12 filed months
$149 k
at the published price for each month
Months reported
81
no gaps in the span
Streams
2
oil, casinghead 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 132 leases and 132 wells, and the rule below applies to all of them.

Discovered
1939-05-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1992-08-17.

The Commission's schedule remark for this field reads: EFFECTIVE JUNE.

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
OilDisposition43,151 bbl$2,854,013
Casinghead gasProduction167,799 Mcf$569,525
Total$3,423,538

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 32.4503, -94.1331. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45026, -94.13312 · 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
9,700 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 9,700 ft.

Completions filed
Sep 2019
1 of 1 wells

1 well

42-2033214669,700 ftSep 2019

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 (81)

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

81 months

May 20261661,383106.413.05$21,876
Apr 202611,31398.932.87$3,867
Mar 20261351,27889.753.15$16,141
Feb 202601,12563.503.75$4,219
Jan 202601,24159.138.00$9,925
Dec 20251501,26056.664.41$14,060
Nov 20251501,25758.593.93$13,724
Oct 20251281,43059.383.30$12,327
Sep 20251401,07862.743.08$12,101
Aug 20251411,28563.933.01$12,888
Jul 20251501,28866.743.32$14,281
Jun 20251491,23066.483.13$13,754
May 20251521,31160.553.23$13,441
Apr 20251301,30262.363.54$12,720
Mar 20251591,52667.704.27$17,278
Feb 20251601,44270.884.34$17,600
Jan 20251691,61874.324.28$19,483
Dec 20241681,61468.993.12$16,628
Nov 20241771,34669.052.20$15,181
Oct 20244511,61971.372.28$35,881
Sep 20242411,58069.612.36$20,512
Aug 20244241,65275.632.06$35,476
Jul 20245941,64279.932.15$51,003
Jun 20242331,60878.082.63$22,428
May 20246251,70278.812.20$52,998
Apr 20244261,69584.451.66$38,788
Mar 20244251,72680.301.55$36,794
Feb 20244181,59676.091.78$34,652
Jan 20244331,71873.023.30$37,283
Dec 20233061,48071.262.61$25,669
Nov 20234111,63877.892.81$36,612
Oct 20234041,75885.443.09$39,945
Sep 20233431,71389.042.74$35,226
Aug 20233801,79780.522.67$35,401
Jul 20233821,80774.852.64$33,366
Jun 20233631,69368.962.26$28,856
May 20234061,77570.622.23$32,625
Apr 20233741,70978.122.24$33,041
Mar 20236091,80272.852.39$48,678
Feb 20234071,64175.112.47$34,616
Jan 20236011,82176.533.39$52,164
Dec 20223461,63276.415.73$35,788
Nov 20224671,76785.005.65$49,672
Oct 20225771,85487.185.86$61,174
Sep 20224341,80484.888.16$51,565
Aug 20223511,88694.529.13$50,390
Jul 20224901,963101.587.54$64,579
Jun 20223881,758115.097.98$58,679
May 20225962,090109.378.43$82,810
Apr 20225972,019104.226.84$76,024
Mar 20226201,792108.885.08$76,603
Feb 20229291,89691.054.86$93,798
Jan 20229902,24481.844.54$91,204
Dec 20211,0732,28871.323.90$85,448
Nov 20219782,27277.435.24$87,625
Oct 20217872,10379.795.71$74,811
Sep 20211,2772,34869.865.35$101,775
Aug 20211,0252,50366.024.22$78,235
Jul 20211,3032,57070.783.98$102,460
Jun 20211,0662,55269.493.38$82,704
May 20211,1182,62763.483.02$78,898
Apr 20211,2742,69560.362.76$84,333
Mar 20211,2282,83661.302.72$82,982
Feb 20214952,30657.805.55$41,405
Jan 20217303,02850.412.81$45,309
Dec 20201,1553,07544.642.68$59,786
Nov 20208203,00638.772.71$39,927
Oct 20201,0393,16336.972.48$46,251
Sep 20201,0903,24037.091.99$46,879
Aug 20201,1573,44739.982.39$54,478
Jul 20201,3903,39538.371.83$59,531
Jun 20206463,41534.901.69$28,318
May 20202933,83316.921.81$11,914
Apr 20206543,15914.751.80$15,347
Mar 20207073,42730.341.86$27,812
Feb 20206472,86149.881.98$37,939
Jan 20207422,85357.252.09$48,456
Dec 20195323,68459.012.30$39,883
Nov 20194043,19155.302.75$31,119
Oct 20194994,27253.472.42$37,014
Sep 20195562,44655.052.66$37,108

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
Oil                  166 bbl  × $106.41 =    $17,664
Casinghead gas     1,383 Mcf  × $  3.05 =     $4,212

────────────────────────────────────────────────────
Month total                                  $21,876

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/O/15724 is the state's own key, not one this site invented.