PIERCE, V.I.

Operated by EXTEX OPERATING COMPANY (P-5 257062) in the OZONA (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142308District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$300 k
Jan 1993 – May 2026
Value, last 12 filed months
$2 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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered
1962-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-09-12.

The Commission's schedule remark for this field reads: ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).

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 Gas111993-01-29126047
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
CondensateDisposition1 bbl$61
GasProduction169,542 Mcf$299,686
Total$299,747

93,426 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 30.4509, -101.3843. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45095, -101.38431 · 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
6,528 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 6,528 ft.

Completions filed
Aug 1992
1 of 1 wells

1 well

42-1053612356,528 ftAug 1992

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 202603106.413.05$9
Apr 20260298.932.87$6
Mar 20260089.753.15$0
Feb 202603463.503.75$128
Jan 202605059.138.00$400
Dec 202506556.664.41$287
Nov 202502058.593.93$79
Oct 202505959.383.30$195
Sep 202504062.743.08$123
Aug 2025014063.933.01$422
Jul 2025016066.743.32$530
Jun 202503266.483.13$100
May 2025114860.553.23$539
Apr 2025015862.363.54$560
Mar 2025010567.704.27$448
Feb 2025013070.884.34$564
Jan 2025013174.324.28$561
Dec 2024017668.993.12$549
Nov 202404169.052.20$90
Oct 202405271.372.28$119
Sep 202407669.612.36$180
Aug 20240675.632.06$12
Jul 202404479.932.15$94
Jun 202401278.082.63$32
May 202409278.812.20$202
Apr 20240084.451.66$0
Mar 2024015780.301.55$243
Feb 2024014776.091.78$262
Jan 2024012673.023.30$416
Dec 2023014971.262.61$389
Nov 2023015277.892.81$427
Oct 2023013785.443.09$423
Sep 2023016189.042.74$440
Aug 2023017380.522.67$462
Jul 2023015874.852.64$417
Jun 2023015568.962.26$350
May 2023015770.622.23$350
Apr 2023014578.122.24$324
Mar 2023015172.852.39$361
Feb 2023015975.112.47$392
Jan 2023014276.533.39$481
Dec 2022014976.415.73$854
Nov 2022017685.005.65$994
Oct 2022015487.185.86$903
Sep 2022014584.888.16$1,184
Aug 2022015894.529.13$1,442
Jul 20220190101.587.54$1,433
Jun 20220182115.097.98$1,452
May 20220191109.378.43$1,611
Apr 20220194104.226.84$1,326
Mar 20220192108.885.08$975
Feb 2022013291.054.86$641
Jan 2022027681.844.54$1,252
Dec 2021020171.323.90$784
Nov 2021020477.435.24$1,068
Oct 2021018079.795.71$1,029
Sep 2021015769.865.35$840
Aug 2021023766.024.22$1,000
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202005734.901.69$96
May 202001416.921.81$25
Apr 20200714.751.80$13
Mar 20200330.341.86$6
Feb 202002949.881.98$57
Jan 202002357.252.09$48
Dec 201902859.012.30$65
Nov 201902655.302.75$72
Oct 201902553.472.42$60
Sep 201906255.052.66$165
Aug 201903253.112.30$74
Jul 20190056.272.46$0
Jun 201904252.782.49$105
May 201905258.482.74$143
Apr 201901762.632.75$47
Mar 201907856.803.06$239
Feb 201903650.852.79$101
Jan 201906446.033.23$207
Dec 201803446.594.19$142
Nov 201805452.934.24$229
Oct 201809061.443.40$306
Sep 201804059.543.11$124
Aug 201805559.403.07$169
Jul 201803465.142.93$100
Jun 201806760.183.08$206
May 201803265.382.90$93
Apr 201806763.842.90$194
Mar 201806961.222.79$192
Feb 201805661.782.77$155
Jan 201805462.874.01$217
Dec 201705557.272.92$161
Nov 201703655.423.12$112
Oct 201707649.292.98$227
Sep 201706647.523.09$204
Aug 201703245.373.00$96
Jul 201704643.873.09$142
Jun 201703842.493.09$117
May 201703745.373.26$121
Apr 201703947.933.21$125
Mar 201704646.772.98$137
Feb 201704550.452.95$133
Jan 201704349.413.42$147
Dec 201603848.763.72$141
Nov 201604442.492.64$116
Oct 201604046.193.09$124
Sep 201604841.553.10$149
Aug 201603341.442.92$97
Jul 201604541.622.92$132
Jun 201604045.352.69$107
May 201601342.521.99$26
Apr 201605536.561.99$110
Mar 201603733.011.79$66
Feb 201601526.472.06$31
Jan 201602927.352.36$69
Dec 201505132.362.00$102
Nov 201503638.792.17$78
Oct 201506343.552.43$153
Sep 201503242.992.76$88
Aug 201501240.162.87$34
Jul 201504048.152.95$118
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201502749.822.71$73
Mar 201507442.892.93$217
Feb 201509044.662.98$268
Jan 201508543.433.10$264
Dec 201408454.693.59$302
Nov 201406670.464.25$281
Oct 201407278.303.90$281
Sep 201408086.164.05$324
Aug 201403689.394.04$145
Jul 201402696.564.18$109
Jun 201407298.164.74$341
May 201408394.734.73$392
Apr 201406595.944.81$313
Mar 201403295.895.06$162
Feb 201403397.406.19$204
Jan 201409990.404.86$481
Dec 201308291.824.35$357
Nov 20130688.853.74$22
Oct 201305397.423.78$200
Sep 2013041104.113.72$152
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130194.403.93$4
May 201305294.834.15$216
Apr 2013012593.964.28$535
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013010791.603.42$366
Dec 2012012586.773.42$428
Nov 2012012486.953.62$450
Oct 2012012389.383.40$418
Sep 201209394.672.92$271
Aug 2012011392.662.91$329
Jul 201208685.133.02$260
Jun 2012010079.822.52$252
May 2012012191.612.49$301
Apr 20120109101.652.00$218
Mar 2012091105.052.22$202
Feb 2012079101.102.57$203
Jan 201207198.092.73$194
Dec 201107496.873.24$240
Nov 201106395.723.31$209
Oct 2011012684.983.65$460
Sep 201106483.623.99$255
Aug 201101183.404.15$46
Jul 201103894.144.52$172
Jun 201105592.904.64$255
May 201109998.134.40$436
Apr 20110268105.964.33$1,161
Mar 2011020296.364.06$820
Feb 201106085.644.18$251
Jan 201105386.504.59$243
Dec 201005385.734.35$230
Nov 201006480.843.80$243
Oct 201008078.103.51$281
Sep 201007572.633.98$298
Aug 201009673.684.42$424
Jul 2010012972.554.74$611
Jun 2010011970.364.91$584
May 2010015471.124.24$652
Apr 2010018481.694.12$759
Mar 2010017378.394.39$759
Feb 2010013773.585.44$746
Jan 201005874.365.96$346
Dec 200904771.445.48$258
Nov 200906274.593.75$233
Oct 200909472.544.11$386
Sep 2009011165.543.06$340
Aug 2009010467.423.22$335
Jul 2009013761.133.46$475
Jun 2009010966.163.90$425
May 2009014654.743.93$573
Apr 2009015246.773.59$545
Mar 2009012942.144.06$524
Feb 2009011832.814.63$547
Jan 2009011635.865.37$623
Dec 2008010637.105.98$634
Nov 2008010855.496.86$741
Oct 2008012875.246.92$886
Sep 2008080101.767.88$630
Aug 20080132114.228.48$1,120
Jul 20080151131.0811.39$1,720
Jun 20080169131.3313.03$2,203
May 20080120123.1711.57$1,389
Apr 2008083110.3110.45$868
Mar 2008079101.909.66$763
Feb 200808292.538.77$719
Jan 2008013790.388.21$1,124
Dec 2007012088.337.30$876
Nov 200709391.677.29$678
Oct 2007014082.856.92$969
Sep 2007014775.846.24$918
Aug 2007015369.066.39$977
Jul 2007014870.906.39$945
Jun 2007015062.007.55$1,132
May 200709558.747.85$745
Apr 2007010159.617.81$788
Mar 2007012656.927.30$920
Feb 200709455.108.22$772
Jan 2007010950.306.73$733
Dec 200607356.656.92$505
Nov 2006012554.207.62$952
Oct 2006015354.906.01$920
Sep 2006019360.085.04$972
Aug 2006019468.717.34$1,424
Jul 2006019969.376.34$1,262
Jun 2006017466.286.38$1,111
May 2006016366.016.42$1,047
Apr 2006016264.397.36$1,192
Mar 2006016256.707.08$1,147
Feb 2006016457.597.75$1,271
Jan 2006015660.598.93$1,394
Dec 2005013354.9413.42$1,784
Nov 2005016054.6910.59$1,694
Oct 2005015058.3413.80$2,069
Sep 2005016661.4512.08$2,005
Aug 2005018961.519.80$1,852
Jul 2005020555.697.84$1,608
Jun 2005021552.337.38$1,587
May 2005026445.226.65$1,756
Apr 2005021349.207.36$1,568
Mar 2005018150.377.15$1,295
Feb 2005015845.226.31$997
Jan 2005017743.166.32$1,119
Dec 2004011739.866.75$790
Nov 2004015645.286.33$988
Oct 2004017149.706.52$1,114
Sep 2004022943.245.28$1,210
Aug 2004023742.375.55$1,316
Jul 2004027138.286.08$1,649
Jun 2004025736.106.43$1,653
May 2004041837.486.49$2,715
Apr 2004036934.475.86$2,162
Mar 2004035034.365.53$1,936
Feb 2004028932.455.51$1,592
Jan 2004026232.036.30$1,651
Dec 2003017730.266.30$1,115
Nov 2003018728.804.60$859
Oct 2003025228.174.76$1,199
Sep 2003022026.314.75$1,045
Aug 2003023529.765.13$1,205
Jul 2003020329.415.17$1,050
Jun 2003030828.565.98$1,843
May 2003021926.595.97$1,308
Apr 2003030326.675.41$1,638
Mar 2003047231.146.10$2,877
Feb 2003042233.487.93$3,345
Jan 2003044130.315.58$2,462
Dec 2002042926.914.85$2,082
Nov 2002046724.664.14$1,932
Oct 2002036826.464.23$1,556
Sep 2002031327.443.64$1,138
Aug 2002061325.963.16$1,940
Jul 2002084624.583.06$2,590
Jun 2002053123.733.34$1,773
May 2002048324.663.58$1,731
Apr 2002050123.653.51$1,760
Mar 2002054022.003.10$1,675
Feb 2002037818.222.38$898
Jan 2002048617.172.38$1,155
Dec 2001053416.932.36$1,263
Nov 2001060918.072.41$1,465
Oct 2001068419.782.53$1,730
Sep 2001070224.262.25$1,580
Aug 2001077824.873.05$2,375
Jul 2001063623.933.20$2,033
Jun 2001075724.563.82$2,895
May 2001066425.524.31$2,860
Apr 2001076524.685.34$4,082
Mar 2001060324.545.38$3,242
Feb 2001051227.755.77$2,953
Jan 2001044327.478.40$3,721
Dec 2000054526.889.12$4,972
Nov 2000055632.215.66$3,146
Oct 2000065931.235.15$3,391
Sep 2000082531.875.19$4,279
Aug 2000044529.644.54$2,021
Jul 2000049528.534.09$2,024
Jun 2000049029.304.40$2,155
May 2000053427.263.68$1,965
Apr 2000054024.513.12$1,683
Mar 2000064128.422.86$1,833
Feb 2000076027.622.73$2,072
Jan 2000088025.272.48$2,183
Dec 199909824.282.42$238
Nov 1999095623.192.43$2,327
Oct 1999095820.982.80$2,686
Sep 1999080321.752.62$2,103
Aug 19990019.262.88$0
Jul 1999086717.892.37$2,057
Jun 1999058815.942.36$1,389
May 1999054915.792.32$1,274
Apr 1999047815.102.21$1,055
Mar 1999062812.471.84$1,154
Feb 199906379.981.82$1,158
Jan 1999044910.381.90$853
Dec 199806119.201.77$1,084
Nov 1998060310.892.19$1,318
Oct 1998057412.421.97$1,130
Sep 1998087712.592.08$1,826
Aug 1998052511.301.91$1,001
Jul 1998072411.742.24$1,620
Jun 1998055911.242.24$1,251
May 1998062612.622.21$1,381
Apr 1998055013.042.51$1,378
Mar 1998056712.802.31$1,309
Feb 1998065713.952.30$1,511
Jan 1998065414.702.15$1,409
Dec 1997073416.322.41$1,770
Nov 1997063418.193.09$1,958
Oct 1997084119.253.15$2,649
Sep 1997076317.742.95$2,255
Aug 1997094617.862.55$2,417
Jul 199701,01517.582.25$2,281
Jun 1997094917.242.26$2,142
May 199701,00618.972.31$2,322
Apr 1997094017.882.08$1,958
Mar 199701,03418.951.94$2,005
Feb 199701,13620.492.21$2,506
Jan 1997089723.483.54$3,175
Dec 199601,03823.32$0
Nov 199601,03721.97$0
Oct 199601,33523.31$0
Sep 199601,27422.22$0
Aug 1996089420.26$0
Jul 199601,02919.55$0
Jun 199601,11118.73$0
May 199601,06819.43$0
Apr 199601,14921.51$0
Mar 199601,35219.38$0
Feb 199601,08116.98$0
Jan 199601,08217.07$0
Dec 199501,07217.19$0
Nov 199501,13616.00$0
Oct 199501,30715.43$0
Sep 199501,17716.18$0
Aug 199501,35215.92$0
Jul 199501,47915.24$0
Jun 199501,35316.41$0
May 199501,89817.56$0
Apr 199501,38517.73$0
Mar 199501,68216.44$0
Feb 199502,05016.58$0
Jan 199502,05915.92$0
Dec 199402,06215.03$0
Nov 199401,92315.90$0
Oct 199402,22415.58$0
Sep 199402,19015.29$0
Aug 199402,28016.13$0
Jul 199402,33517.56$0
Jun 199402,59417.09$0
May 199402,60115.88$0
Apr 199402,37714.14$0
Mar 199402,17412.46$0
Feb 199402,42012.50$0
Jan 199402,28012.66$0
Dec 199302,11612.33$0
Nov 199302,04514.49$0
Oct 1993065615.85$0
Sep 199301,04315.03$0
Aug 199301,04915.66$0
Jul 199301,42115.46$0
Jun 199302,12316.79$0
May 199303,18717.68$0
Apr 199302,36118.05$0
Mar 1993010,87418.14$0
Feb 199303,54717.90$0
Jan 199304,14416.93$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                    3 Mcf  × $  3.05 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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. 7C/G/142308 is the state's own key, not one this site invented.