TIERCE

Name: TIERCE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MKS NATURAL GAS COMPANY (P-5 518491) in the MINERAL WELLS (GEORGIA STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 102506District 7BField 61842625NGPA filingCondensateGasSave Export

Value, all time

$68 k

Jan 1993 – Aug 2014

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

260

no gaps in the span

Streams

condensate, gas

The MINERAL WELLS (GEORGIA STRAWN) field

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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered

1980-10-22

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “TERMINATED EFF. 9-3-82 PER DOCKET NO. 7B-76117”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	4 bbl	$218
Gas	Production	17,298 Mcf	$67,763
Total			$67,981

3,878 Mcf of this lease's gas, across 14 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 32.7282, -98.0210. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.72819, -98.02103 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

4,657 ft

1 wells filed one

Completion to plug

31.9 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 4,657 ft.

Completions filed

Sep 1982

1 of 1 wells

Plug dates filed

Aug 2014

1 of 1 wells

Last completion to plug: a median of 31.9 years across the 1 well that filed both dates, with the middle half between 31.9 years and 31.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36732214	2	4,657 ft	Sep 1982	Aug 2014	Yes

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


Aug 2014	0	53	89.39	4.04	$214
Jul 2014	0	82	96.56	4.18	$343
Jun 2014	0	88	98.16	4.74	$417
May 2014	0	85	94.73	4.73	$402
Apr 2014	0	88	95.94	4.81	$423
Mar 2014	0	92	95.89	5.06	$465
Feb 2014	0	66	97.40	6.19	$409
Jan 2014	0	59	90.40	4.86	$287
Dec 2013	0	73	91.82	4.35	$318
Nov 2013	0	85	88.85	3.74	$318
Oct 2013	0	75	97.42	3.78	$283
Sep 2013	0	71	104.11	3.72	$264
Aug 2013	0	76	104.25	3.52	$268
Jul 2013	0	80	102.52	3.72	$297
Jun 2013	0	61	94.40	3.93	$240
May 2013	0	70	94.83	4.15	$290
Apr 2013	0	65	93.96	4.28	$278
Mar 2013	0	26	93.62	3.91	$102
Feb 2013	0	67	91.23	3.42	$229
Jan 2013	0	68	91.60	3.42	$233
Dec 2012	0	66	86.77	3.42	$226
Nov 2012	0	88	86.95	3.62	$319
Oct 2012	0	77	89.38	3.40	$262
Sep 2012	0	70	94.67	2.92	$204
Aug 2012	0	63	92.66	2.91	$183
Jul 2012	0	90	85.13	3.02	$272
Jun 2012	0	72	79.82	2.52	$181
May 2012	0	68	91.61	2.49	$169
Apr 2012	0	74	101.65	2.00	$148
Mar 2012	0	98	105.05	2.22	$218
Feb 2012	0	65	101.10	2.57	$167
Jan 2012	0	28	98.09	2.73	$77
Dec 2011	0	15	96.87	3.24	$49
Nov 2011	0	69	95.72	3.31	$228
Oct 2011	0	49	84.98	3.65	$179
Sep 2011	0	14	83.62	3.99	$56
Aug 2011	0	4	83.40	4.15	$17
Jul 2011	0	15	94.14	4.52	$68
Jun 2011	0	32	92.90	4.64	$148
May 2011	0	39	98.13	4.40	$172
Apr 2011	0	43	105.96	4.33	$186
Mar 2011	0	10	96.36	4.06	$41
Feb 2011	0	15	85.64	4.18	$63
Jan 2011	0	26	86.50	4.59	$119
Dec 2010	0	49	85.73	4.35	$213
Nov 2010	0	41	80.84	3.80	$156
Oct 2010	0	62	78.10	3.51	$218
Sep 2010	0	48	72.63	3.98	$191
Aug 2010	0	51	73.68	4.42	$225
Jul 2010	0	49	72.55	4.74	$232
Jun 2010	0	6	70.36	4.91	$29
May 2010	0	38	71.12	4.24	$161
Apr 2010	0	60	81.69	4.12	$247
Mar 2010	0	33	78.39	4.39	$145
Feb 2010	0	23	73.58	5.44	$125
Jan 2010	0	19	74.36	5.96	$113
Dec 2009	0	22	71.44	5.48	$121
Nov 2009	0	48	74.59	3.75	$180
Oct 2009	0	42	72.54	4.11	$173
Sep 2009	0	19	65.54	3.06	$58
Aug 2009	0	1	67.42	3.22	$3
Jul 2009	0	7	61.13	3.46	$24
Jun 2009	0	28	66.16	3.90	$109
May 2009	0	28	54.74	3.93	$110
Apr 2009	0	44	46.77	3.59	$158
Mar 2009	0	44	42.14	4.06	$179
Feb 2009	0	47	32.81	4.63	$218
Jan 2009	0	40	35.86	5.37	$215
Dec 2008	0	17	37.10	5.98	$102
Nov 2008	0	49	55.49	6.86	$336
Oct 2008	0	42	75.24	6.92	$291
Sep 2008	0	43	101.76	7.88	$339
Aug 2008	0	47	114.22	8.48	$399
Jul 2008	0	98	131.08	11.39	$1,116
Jun 2008	0	96	131.33	13.03	$1,251
May 2008	0	12	123.17	11.57	$139
Apr 2008	0	119	110.31	10.45	$1,244
Mar 2008	0	139	101.90	9.66	$1,343
Feb 2008	0	114	92.53	8.77	$1,000
Jan 2008	0	108	90.38	8.21	$886
Dec 2007	0	91	88.33	7.30	$664
Nov 2007	2	80	91.67	7.29	$767
Oct 2007	0	116	82.85	6.92	$803
Sep 2007	0	92	75.84	6.24	$574
Aug 2007	0	95	69.06	6.39	$607
Jul 2007	0	96	70.90	6.39	$613
Jun 2007	0	87	62.00	7.55	$657
May 2007	0	108	58.74	7.85	$847
Apr 2007	0	83	59.61	7.81	$648
Mar 2007	0	90	56.92	7.30	$657
Feb 2007	0	83	55.10	8.22	$682
Jan 2007	0	65	50.30	6.73	$437
Dec 2006	0	62	56.65	6.92	$429
Nov 2006	0	112	54.20	7.62	$853
Oct 2006	0	102	54.90	6.01	$613
Sep 2006	0	109	60.08	5.04	$549
Aug 2006	0	84	68.71	7.34	$617
Jul 2006	0	76	69.37	6.34	$482
Jun 2006	0	69	66.28	6.38	$440
May 2006	0	95	66.01	6.42	$610
Apr 2006	0	80	64.39	7.36	$589
Mar 2006	0	67	56.70	7.08	$475
Feb 2006	0	85	57.59	7.75	$659
Jan 2006	0	89	60.59	8.93	$795
Dec 2005	0	75	54.94	13.42	$1,006
Nov 2005	0	72	54.69	10.59	$762
Oct 2005	0	67	58.34	13.80	$924
Sep 2005	0	80	61.45	12.08	$966
Aug 2005	0	73	61.51	9.80	$715
Jul 2005	0	75	55.69	7.84	$588
Jun 2005	0	72	52.33	7.38	$531
May 2005	0	85	45.22	6.65	$565
Apr 2005	0	66	49.20	7.36	$486
Mar 2005	0	81	50.37	7.15	$580
Feb 2005	0	66	45.22	6.31	$417
Jan 2005	0	76	43.16	6.32	$480
Dec 2004	0	80	39.86	6.75	$540
Nov 2004	0	95	45.28	6.33	$601
Oct 2004	0	87	49.70	6.52	$567
Sep 2004	0	85	43.24	5.28	$449
Aug 2004	0	88	42.37	5.55	$488
Jul 2004	0	88	38.28	6.08	$535
Jun 2004	0	90	36.10	6.43	$579
May 2004	0	106	37.48	6.49	$688
Apr 2004	0	99	34.47	5.86	$580
Mar 2004	0	99	34.36	5.53	$547
Feb 2004	0	88	32.45	5.51	$485
Jan 2004	0	114	32.03	6.30	$718
Dec 2003	0	125	30.26	6.30	$788
Nov 2003	0	122	28.80	4.60	$561
Oct 2003	0	76	28.17	4.76	$362
Sep 2003	0	49	26.31	4.75	$233
Aug 2003	0	71	29.76	5.13	$364
Jul 2003	0	63	29.41	5.17	$326
Jun 2003	0	34	28.56	5.98	$203
May 2003	0	65	26.59	5.97	$388
Apr 2003	0	39	26.67	5.41	$211
Mar 2003	0	50	31.14	6.10	$305
Feb 2003	0	20	33.48	7.93	$159
Jan 2003	0	43	30.31	5.58	$240
Dec 2002	0	34	26.91	4.85	$165
Nov 2002	0	54	24.66	4.14	$223
Oct 2002	0	32	26.46	4.23	$135
Sep 2002	0	16	27.44	3.64	$58
Aug 2002	0	15	25.96	3.16	$47
Jul 2002	0	5	24.58	3.06	$15
Jun 2002	0	5	23.73	3.34	$17
May 2002	0	3	24.66	3.58	$11
Apr 2002	0	35	23.65	3.51	$123
Mar 2002	0	48	22.00	3.10	$149
Feb 2002	0	42	18.22	2.38	$100
Jan 2002	0	53	17.17	2.38	$126
Dec 2001	0	2	16.93	2.36	$5
Nov 2001	0	21	18.07	2.41	$51
Oct 2001	0	30	19.78	2.53	$76
Sep 2001	0	39	24.26	2.25	$88
Aug 2001	0	33	24.87	3.05	$101
Jul 2001	0	56	23.93	3.20	$179
Jun 2001	0	7	24.56	3.82	$27
May 2001	0	17	25.52	4.31	$73
Apr 2001	0	29	24.68	5.34	$155
Mar 2001	0	27	24.54	5.38	$145
Feb 2001	0	41	27.75	5.77	$236
Jan 2001	0	67	27.47	8.40	$563
Dec 2000	0	32	26.88	9.12	$292
Nov 2000	0	27	32.21	5.66	$153
Oct 2000	0	41	31.23	5.15	$211
Sep 2000	0	27	31.87	5.19	$140
Aug 2000	0	34	29.64	4.54	$154
Jul 2000	0	33	28.53	4.09	$135
Jun 2000	0	39	29.30	4.40	$171
May 2000	0	33	27.26	3.68	$121
Apr 2000	0	37	24.51	3.12	$115
Mar 2000	0	26	28.42	2.86	$74
Feb 2000	0	21	27.62	2.73	$57
Jan 2000	0	66	25.27	2.48	$164
Dec 1999	0	7	24.28	2.42	$17
Nov 1999	0	6	23.19	2.43	$15
Oct 1999	0	32	20.98	2.80	$90
Sep 1999	0	11	21.75	2.62	$29
Aug 1999	0	17	19.26	2.88	$49
Jul 1999	0	4	17.89	2.37	$9
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	6	15.79	2.32	$14
Apr 1999	0	65	15.10	2.21	$144
Mar 1999	0	5	12.47	1.84	$9
Feb 1999	0	3	9.98	1.82	$5
Jan 1999	0	8	10.38	1.90	$15
Dec 1998	0	15	9.20	1.77	$27
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	60	12.42	1.97	$118
Sep 1998	0	77	12.59	2.08	$160
Aug 1998	0	81	11.30	1.91	$155
Jul 1998	0	92	11.74	2.24	$206
Jun 1998	0	138	11.24	2.24	$309
May 1998	0	138	12.62	2.21	$304
Apr 1998	0	103	13.04	2.51	$258
Mar 1998	0	119	12.80	2.31	$275
Feb 1998	0	91	13.95	2.30	$209
Jan 1998	0	112	14.70	2.15	$241
Dec 1997	0	127	16.32	2.41	$306
Nov 1997	0	111	18.19	3.09	$343
Oct 1997	0	128	19.25	3.15	$403
Sep 1997	0	150	17.74	2.95	$443
Aug 1997	0	172	17.86	2.55	$439
Jul 1997	1	180	17.58	2.25	$422
Jun 1997	1	173	17.24	2.26	$408
May 1997	0	214	18.97	2.31	$494
Apr 1997	0	198	17.88	2.08	$412
Mar 1997	0	137	18.95	1.94	$266
Feb 1997	0	110	20.49	2.21	$243
Jan 1997	0	170	23.48	3.54	$602
Dec 1996	0	153	23.32	—	$0
Nov 1996	0	134	21.97	—	$0
Oct 1996	0	153	23.31	—	$0
Sep 1996	0	164	22.22	—	$0
Aug 1996	0	187	20.26	—	$0
Jul 1996	0	60	19.55	—	$0
Jun 1996	0	145	18.73	—	$0
May 1996	0	293	19.43	—	$0
Apr 1996	0	311	21.51	—	$0
Mar 1996	0	240	19.38	—	$0
Feb 1996	0	247	16.98	—	$0
Jan 1996	0	564	17.07	—	$0
Dec 1995	0	1,010	17.19	—	$0
Nov 1995	0	217	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$0

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.

Aug 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 89.39 =         $0
Gas                   53 Mcf  × $  4.04 =       $214

────────────────────────────────────────────────────
Month total                                     $214

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. 7B/G/102506 is the state's own key, not one this site invented.