PIERCE "E",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 145697District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$454 k
May 1993 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
397
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 Gas111994-04-15129707
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
CondensateDisposition3,730 bbl$69,821
GasProduction264,950 Mcf$383,864
Total$453,685

160,981 Mcf of this lease's gas, across 44 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 30.4117, -101.3212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.41174, -101.32118 · 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
6,450 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 6,450 ft.

Completions filed
May 1993
1 of 1 wells

1 well

42-1053632466,450 ftMay 1993

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 (397)

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

397 months

May 202603106.413.05$9
Apr 20260298.932.87$6
Mar 20260089.753.15$0
Feb 202602963.503.75$109
Jan 202654259.138.00$632
Dec 202505556.664.41$243
Nov 202501758.593.93$67
Oct 202505059.383.30$165
Sep 202503462.743.08$105
Aug 2025011763.933.01$353
Jul 2025013566.743.32$448
Jun 202562766.483.13$483
May 2025612560.553.23$767
Apr 2025013362.363.54$471
Mar 2025128867.704.27$1,188
Feb 2025011070.884.34$477
Jan 2025611074.324.28$917
Dec 2024614868.993.12$876
Nov 202403469.052.20$75
Oct 202404471.372.28$100
Sep 202406469.612.36$151
Aug 20247575.632.06$540
Jul 202403779.932.15$79
Jun 202401078.082.63$26
May 202467778.812.20$642
Apr 20240084.451.66$0
Mar 2024013280.301.55$204
Feb 2024612376.091.78$676
Jan 2024610673.023.30$788
Dec 20231012571.262.61$1,039
Nov 2023412877.892.81$671
Oct 20231011585.443.09$1,209
Sep 2023013689.042.74$372
Aug 2023114680.522.67$471
Jul 2023013374.852.64$351
Jun 2023013168.962.26$296
May 2023013270.622.23$294
Apr 2023012278.122.24$273
Mar 2023012772.852.39$304
Feb 2023013575.112.47$333
Jan 2023012076.533.39$407
Dec 2022012676.415.73$722
Nov 2022014985.005.65$841
Oct 2022013087.185.86$762
Sep 2022012384.888.16$1,004
Aug 2022013394.529.13$1,214
Jul 20220160101.587.54$1,207
Jun 20220153115.097.98$1,221
May 20220161109.378.43$1,358
Apr 20220164104.226.84$1,121
Mar 20220162108.885.08$822
Feb 2022011191.054.86$539
Jan 2022023381.844.54$1,057
Dec 2021017071.323.90$663
Nov 2021017377.435.24$906
Oct 2021015279.795.71$869
Sep 2021013369.865.35$712
Aug 2021020066.024.22$844
Jul 2021016070.783.98$637
Jun 202103769.493.38$125
May 202103863.483.02$115
Apr 202104460.362.76$121
Mar 202108261.302.72$223
Feb 202103557.805.55$194
Jan 202108750.412.81$244
Dec 202005744.642.68$153
Nov 202004938.772.71$133
Oct 202003836.972.48$94
Sep 202005637.091.99$112
Aug 2020010439.982.39$248
Jul 2020017938.371.83$327
Jun 2020021934.901.69$370
May 202005416.921.81$98
Apr 202004014.751.80$72
Mar 20200630.341.86$11
Feb 202007649.881.98$151
Jan 202006457.252.09$134
Dec 201908159.012.30$187
Nov 201909855.302.75$270
Oct 201905653.472.42$135
Sep 2019011755.052.66$311
Aug 201905953.112.30$136
Jul 20190056.272.46$0
Jun 201906252.782.49$154
May 2019017058.482.74$466
Apr 20190962.632.75$25
Mar 201905056.803.06$153
Feb 201909250.852.79$257
Jan 201903346.033.23$107
Dec 201802146.594.19$88
Nov 201802952.934.24$123
Oct 201804961.443.40$167
Sep 201807659.543.11$236
Aug 201808659.403.07$264
Jul 201807965.142.93$232
Jun 201805660.183.08$172
May 201806865.382.90$197
Apr 201806263.842.90$180
Mar 201804761.222.79$131
Feb 201806861.782.77$188
Jan 201806862.874.01$273
Dec 201705857.272.92$169
Nov 201703355.423.12$103
Oct 201706749.292.98$200
Sep 201706647.523.09$204
Aug 201708445.373.00$252
Jul 201709443.873.09$290
Jun 201708742.493.09$269
May 201709545.373.26$310
Apr 2017013947.933.21$446
Mar 2017019746.772.98$588
Feb 201705050.452.95$148
Jan 201709749.413.42$332
Dec 201606248.763.72$231
Nov 2016010442.492.64$275
Oct 2016031046.193.09$958
Sep 20160041.553.10$0
Aug 201602941.442.92$85
Jul 201604641.622.92$135
Jun 201604545.352.69$121
May 201606742.521.99$133
Apr 201604936.561.99$98
Mar 201606233.011.79$111
Feb 201607226.472.06$149
Jan 2016013327.352.36$314
Dec 2015016832.362.00$336
Nov 2015818538.792.17$711
Oct 2015131143.552.43$798
Sep 2015041542.992.76$1,145
Aug 2015044240.162.87$1,270
Jul 2015051048.152.95$1,502
Jun 2015046956.152.88$1,352
May 20151163655.212.96$2,487
Apr 2015064749.822.71$1,751
Mar 20151268642.892.93$2,528
Feb 20151249344.662.98$2,003
Jan 2015125843.433.10$701
Dec 201402154.693.59$75
Nov 2014922170.464.25$1,574
Oct 2014026878.303.90$1,045
Sep 2014617786.164.05$1,233
Aug 2014019689.394.04$791
Jul 2014026496.564.18$1,103
Jun 2014022698.164.74$1,071
May 2014055194.734.73$2,604
Apr 2014054495.944.81$2,616
Mar 2014064995.895.06$3,282
Feb 2014067997.406.19$4,204
Jan 2014063490.404.86$3,082
Dec 2013081991.824.35$3,566
Nov 2013094388.853.74$3,525
Oct 201301,25197.423.78$4,728
Sep 201301,087104.113.72$4,041
Aug 2013062104.253.52$218
Jul 20130127102.523.72$472
Jun 2013016794.403.93$657
May 2013012594.834.15$519
Apr 2013023893.964.28$1,019
Mar 2013024593.623.91$959
Feb 20130091.233.42$0
Jan 2013012591.603.42$427
Dec 2012010986.773.42$373
Nov 2012014486.953.62$522
Oct 2012022689.383.40$768
Sep 201205094.672.92$146
Aug 201203992.662.91$113
Jul 201205285.133.02$157
Jun 2012014779.822.52$370
May 2012019591.612.49$485
Apr 20120172101.652.00$343
Mar 20120231105.052.22$513
Feb 20120279101.102.57$717
Jan 2012027298.092.73$744
Dec 2011027096.873.24$875
Nov 2011018195.723.31$599
Oct 201108684.983.65$314
Sep 2011018083.623.99$717
Aug 2011016383.404.15$676
Jul 2011015394.144.52$691
Jun 2011018692.904.64$863
May 2011012998.134.40$568
Apr 20110184105.964.33$797
Mar 2011018996.364.06$767
Feb 2011025385.644.18$1,058
Jan 2011022186.504.59$1,014
Dec 2010014885.734.35$643
Nov 2010010280.843.80$387
Oct 201008878.103.51$309
Sep 2010013672.633.98$541
Aug 2010017973.684.42$791
Jul 2010018072.554.74$853
Jun 2010015870.364.91$776
May 2010021471.124.24$906
Apr 2010015781.694.12$647
Mar 2010015278.394.39$667
Feb 2010018773.585.44$1,018
Jan 2010020974.365.96$1,246
Dec 2009019871.445.48$1,086
Nov 2009015274.593.75$570
Oct 2009017572.544.11$719
Sep 2009017165.543.06$524
Aug 2009017867.423.22$573
Jul 2009022061.133.46$762
Jun 2009017266.163.90$670
May 2009017654.743.93$691
Apr 2009011446.773.59$409
Mar 2009011342.144.06$459
Feb 2009014632.814.63$676
Jan 2009013835.865.37$741
Dec 200809037.105.98$538
Nov 2008014555.496.86$995
Oct 200807175.246.92$491
Sep 20080129101.767.88$1,016
Aug 2008079114.228.48$670
Jul 2008070131.0811.39$797
Jun 2008097131.3313.03$1,264
May 2008074123.1711.57$857
Apr 2008038110.3110.45$397
Mar 2008041101.909.66$396
Feb 200803992.538.77$342
Jan 200802290.388.21$181
Dec 200701988.337.30$139
Nov 2007012891.677.29$933
Oct 2007015682.856.92$1,080
Sep 2007014275.846.24$887
Aug 2007025169.066.39$1,603
Jul 2007020770.906.39$1,322
Jun 2007024562.007.55$1,849
May 2007023758.747.85$1,860
Apr 2007013559.617.81$1,054
Mar 2007010356.927.30$752
Feb 200708455.108.22$690
Jan 200707550.306.73$505
Dec 200609556.656.92$657
Nov 200604854.207.62$366
Oct 200607354.906.01$439
Sep 200607460.085.04$373
Aug 200606568.717.34$477
Jul 2006011769.376.34$742
Jun 2006013666.286.38$868
May 2006015166.016.42$970
Apr 2006010864.397.36$795
Mar 200609656.707.08$680
Feb 200609257.597.75$713
Jan 200607660.598.93$679
Dec 200508554.9413.42$1,140
Nov 2005011754.6910.59$1,239
Oct 2005016658.3413.80$2,290
Sep 2005010761.4512.08$1,292
Aug 2005013961.519.80$1,362
Jul 2005010255.697.84$800
Jun 2005011252.337.38$827
May 2005010745.226.65$712
Apr 2005012049.207.36$883
Mar 2005014050.377.15$1,002
Feb 200505545.226.31$347
Jan 2005016343.166.32$1,031
Dec 2004015039.866.75$1,013
Nov 2004012345.286.33$779
Oct 2004021049.706.52$1,368
Sep 2004322943.245.28$1,340
Aug 2004023042.375.55$1,277
Jul 2004023138.286.08$1,405
Jun 2004015336.106.43$984
May 2004624437.486.49$1,810
Apr 2004515334.475.86$1,069
Mar 2004536234.365.53$2,174
Feb 2004512932.455.51$873
Jan 20041016832.036.30$1,379
Dec 20031121830.266.30$1,707
Nov 2003518828.804.60$1,008
Oct 2003625628.174.76$1,387
Sep 2003522826.314.75$1,214
Aug 2003029129.765.13$1,493
Jul 2003645329.415.17$2,519
Jun 2003046928.565.98$2,806
May 2003554226.595.97$3,370
Apr 2003553826.675.41$3,042
Mar 2003643931.146.10$2,863
Feb 20031141533.487.93$3,658
Jan 2003629030.315.58$1,801
Dec 20021130726.914.85$1,786
Nov 20021145424.664.14$2,149
Oct 2002544626.464.23$2,018
Sep 2002645027.443.64$1,800
Aug 2002646925.963.16$1,640
Jul 2002059724.583.06$1,828
Jun 2002560523.733.34$2,138
May 2002652324.663.58$2,022
Apr 2002650523.653.51$1,916
Mar 2002562222.003.10$2,040
Feb 2002255618.222.38$1,357
Jan 20021067017.172.38$1,763
Dec 2001960716.932.36$1,588
Nov 2001964818.072.41$1,721
Oct 2001976019.782.53$2,100
Sep 2001971824.262.25$1,835
Aug 2001982424.873.05$2,740
Jul 2001074923.933.20$2,395
Jun 2001961524.563.82$2,573
May 2001973425.524.31$3,391
Apr 20011071124.685.34$4,040
Mar 20011873224.545.38$4,377
Feb 2001965127.755.77$4,004
Jan 20011964727.478.40$5,956
Dec 20001968726.889.12$6,778
Nov 20001965132.215.66$4,295
Oct 20001068331.235.15$3,827
Sep 2000073931.875.19$3,833
Aug 2000077929.644.54$3,537
Jul 2000967928.534.09$3,034
Jun 2000083729.304.40$3,681
May 200001,07127.263.68$3,941
Apr 2000191,02924.513.12$3,672
Mar 200091,27728.422.86$3,908
Feb 2000191,43927.622.73$4,448
Jan 20001834525.272.48$1,311
Dec 1999032224.282.42$780
Nov 1999933223.192.43$1,017
Oct 1999930620.982.80$1,047
Sep 1999936421.752.62$1,149
Aug 1999041919.262.88$1,205
Jul 1999852617.892.37$1,391
Jun 1999953315.942.36$1,402
May 19991094315.792.32$2,347
Apr 1999083015.102.21$1,833
Mar 19992075612.471.84$1,639
Feb 1999108909.981.82$1,718
Jan 19993357210.381.90$1,429
Dec 1998116319.201.77$1,220
Nov 19981166910.892.19$1,582
Oct 19981887212.421.97$1,941
Sep 1998875312.592.08$1,669
Aug 199881,08611.301.91$2,162
Jul 199881,32211.742.24$3,052
Jun 199801,37711.242.24$3,081
May 199881,40212.622.21$3,194
Apr 19983073713.042.51$2,238
Mar 19983569412.802.31$2,051
Feb 1998064713.952.30$1,488
Jan 19982493614.702.15$2,370
Dec 1997231,29916.322.41$3,507
Nov 1997351,45818.193.09$5,139
Oct 1997231,11719.253.15$3,961
Sep 1997221,43617.742.95$4,633
Aug 199701,58617.862.55$4,052
Jul 19971271617.582.25$1,820
Jun 1997088017.242.26$1,986
May 1997471,10518.972.31$3,442
Apr 1997111,47517.882.08$3,269
Mar 1997341,66418.951.94$3,871
Feb 1997351,44320.492.21$3,900
Jan 1997481,46523.483.54$6,313
Dec 1996371,78823.32$863
Nov 1996121,55721.97$264
Oct 1996201,81423.31$466
Sep 1996101,91122.22$222
Aug 199651,48020.26$101
Jul 199651,87819.55$98
Jun 1996101,72118.73$187
May 199601,70519.43$0
Apr 1996191,90321.51$409
Mar 1996102,12319.38$194
Feb 1996261,40316.98$441
Jan 1996211,88917.07$358
Dec 1995211,74217.19$361
Nov 1995211,88316.00$336
Oct 1995122,22615.43$185
Sep 1995242,52116.18$388
Aug 1995102,53215.92$159
Jul 1995202,99615.24$305
Jun 1995252,61616.41$410
May 1995302,94217.56$527
Apr 1995402,66417.73$709
Mar 1995462,79316.44$756
Feb 1995412,81016.58$680
Jan 1995562,93015.92$892
Dec 1994513,36215.03$767
Nov 1994553,33315.90$875
Oct 1994453,74715.58$701
Sep 1994383,53615.29$581
Aug 1994393,87116.13$629
Jul 1994344,16617.56$597
Jun 1994434,13617.09$735
May 1994783,95115.88$1,239
Apr 19941133,85114.14$1,598
Mar 19941574,62612.46$1,956
Feb 19941584,45612.50$1,975
Jan 19941925,24812.66$2,431
Dec 19931965,37912.33$2,417
Nov 19931745,58714.49$2,521
Oct 19931726,06215.85$2,726
Sep 19932026,68815.03$3,036
Aug 19931567,98215.66$2,443
Jul 199316210,54515.46$2,505
Jun 1993015,53716.79$0
May 199303,09117.68$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/145697 is the state's own key, not one this site invented.