PIERCE, J. S.

Name: PIERCE, J. S. lease production and value, Sep 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DELTA OIL & GAS LTD. (P-5 213703) in the BRECKENRIDGE; SE (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29028District 7BField 11717500OilCasinghead gasSave Export

Value, all time

$645 k

Sep 2001 – Oct 2006

Value, last 12 filed months

$169 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The BRECKENRIDGE; SE (DUFFER) 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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered

1980-01-16

as the register files it

Field class

Oil and 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: “EFFECTIVE 04/01/83”

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
Oil	Disposition	1,957 bbl	$71,680
Casinghead gas	Production	90,971 Mcf	$573,161
Total			$644,841

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 32.6932, -98.8215. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.69323, -98.82151 · 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

4,170 ft

1 wells filed one

Completion to plug

19.8 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 4,170 ft.

Completions filed

Sep 2001

1 of 1 wells

Plug dates filed

Jun 2021

1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42935886	23	4,170 ft	Sep 2001	Jun 2021	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 (62)

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

62 months


Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	13	0	69.37	6.34	$902
Jun 2006	35	1,830	66.28	6.38	$14,002
May 2006	35	1,754	66.01	6.42	$13,580
Apr 2006	36	1,308	64.39	7.36	$11,946
Mar 2006	35	1,511	56.70	7.08	$12,687
Feb 2006	17	2,244	57.59	7.75	$18,373
Jan 2006	35	2,604	60.59	8.93	$25,383
Dec 2005	17	2,975	54.94	13.42	$40,845
Nov 2005	17	2,870	54.69	10.59	$31,318
Oct 2005	35	1,974	58.34	13.80	$29,275
Sep 2005	34	579	61.45	12.08	$9,083
Aug 2005	17	1,662	61.51	9.80	$17,328
Jul 2005	35	645	55.69	7.84	$7,008
Jun 2005	35	1,227	52.33	7.38	$10,888
May 2005	17	2,300	45.22	6.65	$16,066
Apr 2005	16	2,462	49.20	7.36	$18,909
Mar 2005	35	2,464	50.37	7.15	$19,393
Feb 2005	35	2,210	45.22	6.31	$15,532
Jan 2005	18	2,349	43.16	6.32	$15,628
Dec 2004	18	2,473	39.86	6.75	$17,413
Nov 2004	28	1,414	45.28	6.33	$10,219
Oct 2004	29	1,210	49.70	6.52	$9,325
Sep 2004	15	1,601	43.24	5.28	$9,108
Aug 2004	51	1,964	42.37	5.55	$13,062
Jul 2004	14	1,626	38.28	6.08	$10,429
Jun 2004	25	2,029	36.10	6.43	$13,955
May 2004	12	1,724	37.48	6.49	$11,646
Apr 2004	42	1,254	34.47	5.86	$8,794
Mar 2004	27	555	34.36	5.53	$3,997
Feb 2004	25	1,777	32.45	5.51	$10,602
Jan 2004	78	2,071	32.03	6.30	$15,545
Dec 2003	38	1,267	30.26	6.30	$9,134
Nov 2003	38	1,428	28.80	4.60	$7,656
Oct 2003	66	1,984	28.17	4.76	$11,302
Sep 2003	33	1,743	26.31	4.75	$9,146
Aug 2003	32	1,873	29.76	5.13	$10,560
Jul 2003	62	1,966	29.41	5.17	$11,989
Jun 2003	30	826	28.56	5.98	$5,799
May 2003	36	2,061	26.59	5.97	$13,267
Apr 2003	73	1,361	26.67	5.41	$9,306
Mar 2003	28	1,508	31.14	6.10	$10,065
Feb 2003	69	1,416	33.48	7.93	$13,533
Jan 2003	70	286	30.31	5.58	$3,718
Dec 2002	34	332	26.91	4.85	$2,526
Nov 2002	33	605	24.66	4.14	$3,317
Oct 2002	65	591	26.46	4.23	$4,219
Sep 2002	32	1,023	27.44	3.64	$4,597
Aug 2002	31	1,017	25.96	3.16	$4,023
Jul 2002	25	1,026	24.58	3.06	$3,756
Jun 2002	27	1,253	23.73	3.34	$4,824
May 2002	31	1,231	24.66	3.58	$5,176
Apr 2002	23	1,332	23.65	3.51	$5,222
Mar 2002	26	1,568	22.00	3.10	$5,437
Feb 2002	0	1,404	18.22	2.38	$3,335
Jan 2002	25	1,612	17.17	2.38	$4,259
Dec 2001	55	1,826	16.93	2.36	$5,249
Nov 2001	27	1,340	18.07	2.41	$3,711
Oct 2001	26	1,810	19.78	2.53	$5,092
Sep 2001	41	616	24.26	2.25	$2,381

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.

Jul 2006 — as filed, then multipliedworked

Oil                   13 bbl  × $ 69.37 =       $902
Casinghead gas         0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                     $902

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/O/29028 is the state's own key, not one this site invented.