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 146438District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$621 k
Aug 1993 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
394
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 Gas111995-06-28132251
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
CondensateDisposition9,702 bbl$161,427
GasProduction492,447 Mcf$459,626
Total$621,054

370,473 Mcf of this lease's gas, across 41 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 30.4148, -101.3234. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.41481, -101.32344 · 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
6,475 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 6,475 ft.

Completions filed
Aug 1993
1 of 1 wells

1 well

42-1053635976,475 ftAug 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 (394)

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

394 months

May 202604106.413.05$12
Apr 20260398.932.87$9
Mar 20260089.753.15$0
Feb 202604063.503.75$150
Jan 202655859.138.00$760
Dec 202507656.664.41$335
Nov 202502358.593.93$90
Oct 202506959.383.30$228
Sep 202504762.743.08$145
Aug 2025016363.933.01$491
Jul 2025018766.743.32$620
Jun 202563766.483.13$515
May 2025617360.553.23$922
Apr 2025018562.363.54$655
Mar 20251212267.704.27$1,333
Feb 2025015270.884.34$660
Jan 2025615274.324.28$1,096
Dec 2024620568.993.12$1,054
Nov 202404869.052.20$106
Oct 202406171.372.28$139
Sep 202408869.612.36$208
Aug 20247875.632.06$546
Jul 202405179.932.15$109
Jun 202401478.082.63$37
May 2024610778.812.20$708
Apr 20240084.451.66$0
Mar 2024018380.301.55$283
Feb 2024617176.091.78$762
Jan 2024614773.023.30$923
Dec 20231017471.262.61$1,167
Nov 2023417777.892.81$809
Oct 20231015985.443.09$1,345
Sep 2023018889.042.74$514
Aug 2023120280.522.67$620
Jul 2023018474.852.64$486
Jun 2023018168.962.26$409
May 2023018370.622.23$408
Apr 2023016978.122.24$378
Mar 2023017672.852.39$421
Feb 2023018675.112.47$459
Jan 2023016676.533.39$562
Dec 2022017476.415.73$997
Nov 2022020685.005.65$1,163
Oct 2022018087.185.86$1,055
Sep 2022017084.888.16$1,388
Aug 2022018494.529.13$1,679
Jul 20220222101.587.54$1,674
Jun 20220212115.097.98$1,691
May 20220223109.378.43$1,881
Apr 20220226104.226.84$1,545
Mar 20220224108.885.08$1,137
Feb 2022015491.054.86$748
Jan 2022032281.844.54$1,461
Dec 2021023471.323.90$912
Nov 2021023877.435.24$1,246
Oct 2021021079.795.71$1,200
Sep 2021018469.865.35$985
Aug 2021027666.024.22$1,165
Jul 2021022170.783.98$880
Jun 202105169.493.38$172
May 202105263.483.02$157
Apr 202106160.362.76$168
Mar 2021011461.302.72$310
Feb 202104857.805.55$266
Jan 2021012050.412.81$337
Dec 202007944.642.68$211
Nov 202006738.772.71$181
Oct 202005336.972.48$131
Sep 202009837.091.99$195
Aug 202009139.982.39$217
Jul 2020010938.371.83$199
Jun 2020023734.901.69$401
May 202004816.921.81$87
Apr 202004814.751.80$87
Mar 20200730.341.86$13
Feb 202008449.881.98$166
Jan 2020010257.252.09$214
Dec 201908059.012.30$184
Nov 201909455.302.75$259
Oct 201909153.472.42$220
Sep 2019015155.052.66$401
Aug 2019010853.112.30$249
Jul 20190056.272.46$0
Jun 2019011052.782.49$274
May 2019017958.482.74$491
Apr 201901262.632.75$33
Mar 201908256.803.06$251
Feb 2019010050.852.79$279
Jan 201907046.033.23$226
Dec 201806746.594.19$280
Nov 201807352.934.24$309
Oct 201808261.443.40$279
Sep 201809359.543.11$289
Aug 201809959.403.07$304
Jul 201807265.142.93$211
Jun 201805860.183.08$178
May 201806765.382.90$194
Apr 201807963.842.90$229
Mar 201807861.222.79$217
Feb 201809061.782.77$249
Jan 201809462.874.01$377
Dec 201707357.272.92$213
Nov 201705955.423.12$184
Oct 201707549.292.98$224
Sep 201706947.523.09$213
Aug 201708245.373.00$246
Jul 201708943.873.09$275
Jun 201708142.493.09$250
May 201708745.373.26$284
Apr 201709647.933.21$308
Mar 2017011646.772.98$346
Feb 201707650.452.95$224
Jan 2017010949.413.42$373
Dec 201607448.763.72$275
Nov 2016010142.492.64$267
Oct 2016014446.193.09$445
Sep 201608541.553.10$264
Aug 201605941.442.92$173
Jul 201607941.622.92$231
Jun 201609145.352.69$244
May 2016010442.521.99$207
Apr 2016010036.561.99$199
Mar 2016011233.011.79$201
Feb 2016010426.472.06$215
Jan 2016012927.352.36$305
Dec 2015014932.362.00$298
Nov 20151115938.792.17$771
Oct 2015013243.552.43$320
Sep 2015013542.992.76$372
Aug 2015018640.162.87$534
Jul 2015017648.152.95$518
Jun 201506656.152.88$190
May 20151113955.212.96$1,018
Apr 201507949.822.71$214
Mar 20151113142.892.93$856
Feb 2015117044.662.98$700
Jan 20151115743.433.10$965
Dec 2014027854.693.59$998
Nov 2014911570.464.25$1,123
Oct 2014012778.303.90$495
Sep 2014612286.164.05$1,011
Aug 2014011189.394.04$448
Jul 2014015896.564.18$660
Jun 2014021498.164.74$1,014
May 2014011394.734.73$534
Apr 2014017595.944.81$842
Mar 2014013495.895.06$678
Feb 2014020497.406.19$1,263
Jan 2014016890.404.86$817
Dec 2013018491.824.35$801
Nov 2013014588.853.74$542
Oct 2013018097.423.78$680
Sep 20130256104.113.72$952
Aug 2013059104.253.52$208
Jul 20130111102.523.72$413
Jun 201308794.403.93$342
May 2013013794.834.15$568
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013021591.233.42$735
Jan 2013011291.603.42$383
Dec 2012012186.773.42$414
Nov 2012018186.953.62$656
Oct 2012019189.383.40$649
Sep 2012024594.672.92$715
Aug 2012024892.662.91$721
Jul 2012023685.133.02$713
Jun 2012018079.822.52$453
May 2012016191.612.49$401
Apr 20120159101.652.00$317
Mar 20120119105.052.22$264
Feb 2012047101.102.57$121
Jan 201208398.092.73$227
Dec 201107596.873.24$243
Nov 2011020895.723.31$689
Oct 2011028684.983.65$1,043
Sep 2011025583.623.99$1,016
Aug 2011027283.404.15$1,129
Jul 2011022594.144.52$1,016
Jun 2011030392.904.64$1,406
May 2011023198.134.40$1,018
Apr 20110228105.964.33$988
Mar 2011018496.364.06$747
Feb 2011019985.644.18$832
Jan 2011018986.504.59$867
Dec 2010023085.734.35$1,000
Nov 2010022580.843.80$854
Oct 2010014578.103.51$509
Sep 2010022772.633.98$903
Aug 2010027073.684.42$1,193
Jul 2010023672.554.74$1,118
Jun 2010023570.364.91$1,154
May 2010022071.124.24$932
Apr 2010020081.694.12$825
Mar 2010025778.394.39$1,128
Feb 2010016973.585.44$920
Jan 2010021874.365.96$1,300
Dec 2009023571.445.48$1,289
Nov 2009024474.593.75$915
Oct 2009024672.544.11$1,011
Sep 2009024765.543.06$757
Aug 2009028867.423.22$927
Jul 2009024661.133.46$852
Jun 2009021366.163.90$830
May 2009024254.743.93$950
Apr 2009022246.773.59$796
Mar 2009022942.144.06$930
Feb 2009020132.814.63$931
Jan 2009021335.865.37$1,144
Dec 2008020937.105.98$1,249
Nov 2008019555.496.86$1,338
Oct 2008027275.246.92$1,883
Sep 20080253101.767.88$1,993
Aug 20080286114.228.48$2,426
Jul 20080206131.0811.39$2,346
Jun 20080221131.3313.03$2,880
May 20080238123.1711.57$2,755
Apr 20080235110.3110.45$2,457
Mar 20080228101.909.66$2,203
Feb 2008021592.538.77$1,886
Jan 2008021090.388.21$1,723
Dec 2007018188.337.30$1,322
Nov 200709291.677.29$671
Oct 2007016482.856.92$1,135
Sep 2007022175.846.24$1,380
Aug 2007019669.066.39$1,252
Jul 2007017670.906.39$1,124
Jun 2007020162.007.55$1,517
May 2007023058.747.85$1,805
Apr 2007017059.617.81$1,327
Mar 2007020256.927.30$1,475
Feb 2007021055.108.22$1,725
Jan 2007024250.306.73$1,628
Dec 2006022356.656.92$1,543
Nov 2006021954.207.62$1,668
Oct 2006026754.906.01$1,606
Sep 2006026760.085.04$1,345
Aug 2006026768.717.34$1,960
Jul 2006028269.376.34$1,789
Jun 2006027466.286.38$1,749
May 2006027366.016.42$1,754
Apr 2006025264.397.36$1,855
Mar 2006024556.707.08$1,735
Feb 2006020457.597.75$1,581
Jan 2006019760.598.93$1,760
Dec 2005023854.9413.42$3,193
Nov 2005025454.6910.59$2,689
Oct 2005028058.3413.80$3,863
Sep 2005026661.4512.08$3,213
Aug 2005028361.519.80$2,773
Jul 2005021955.697.84$1,718
Jun 2005023352.337.38$1,720
May 2005025445.226.65$1,689
Apr 2005025649.207.36$1,884
Mar 2005024450.377.15$1,746
Feb 2005024445.226.31$1,540
Jan 2005031443.166.32$1,985
Dec 2004027939.866.75$1,884
Nov 2004026845.286.33$1,697
Oct 2004029149.706.52$1,896
Sep 2004129343.245.28$1,591
Aug 2004029042.375.55$1,610
Jul 2004032938.286.08$2,002
Jun 2004037036.106.43$2,380
May 2004328237.486.49$1,944
Apr 2004329134.475.86$1,808
Mar 2004328634.365.53$1,685
Feb 2004333032.455.51$1,916
Jan 2004536832.036.30$2,478
Dec 2003631030.266.30$2,135
Nov 2003331828.804.60$1,548
Oct 2003336128.174.76$1,803
Sep 2003335626.314.75$1,770
Aug 2003043829.765.13$2,247
Jul 2003341629.415.17$2,239
Jun 2003020928.565.98$1,250
May 2003336726.595.97$2,272
Apr 2003259026.675.41$3,244
Mar 2003347031.146.10$2,959
Feb 2003533633.487.93$2,831
Jan 2003340330.315.58$2,340
Dec 2002547926.914.85$2,460
Nov 2002576224.664.14$3,276
Oct 200231,06326.464.23$4,575
Sep 2002387227.443.64$3,252
Aug 2002245325.963.16$1,485
Jul 2002029824.583.06$912
Jun 2002323723.733.34$862
May 2002340524.663.58$1,526
Apr 2002341723.653.51$1,536
Mar 2002243622.003.10$1,397
Feb 2002137918.222.38$919
Jan 2002937417.172.38$1,043
Dec 20011227516.932.36$853
Nov 20011231418.072.41$972
Oct 2001943919.782.53$1,288
Sep 2001944124.262.25$1,211
Aug 2001954024.873.05$1,873
Jul 2001060323.933.20$1,928
Jun 2001946124.563.82$1,984
May 2001946625.524.31$2,237
Apr 20011075924.685.34$4,296
Mar 20011966024.545.38$4,015
Feb 2001932127.755.77$2,101
Jan 20011943327.478.40$4,159
Dec 20001943626.889.12$4,488
Nov 20001968832.215.66$4,505
Oct 200091,03631.235.15$5,612
Sep 2000073231.875.19$3,797
Aug 2000097629.644.54$4,432
Jul 200071,16528.534.09$4,964
Jun 200001,11529.304.40$4,903
May 2000063227.263.68$2,326
Apr 2000171,08124.513.12$3,785
Mar 200091,55528.422.86$4,703
Feb 2000182,10327.622.73$6,231
Jan 2000181,13125.272.48$3,260
Dec 1999034524.282.42$836
Nov 1999935323.192.43$1,068
Oct 1999938420.982.80$1,265
Sep 1999945121.752.62$1,377
Aug 1999060119.262.88$1,728
Jul 1999859817.892.37$1,562
Jun 1999940915.942.36$1,110
May 19991044015.792.32$1,179
Apr 1999064815.102.21$1,431
Mar 19991966512.471.84$1,459
Feb 1999106859.981.82$1,345
Jan 19993094010.381.90$2,097
Dec 1998101,1979.201.77$2,215
Nov 1998101,81210.892.19$4,069
Oct 1998171,61312.421.97$3,387
Sep 199881,80212.592.08$3,854
Aug 199881,87711.301.91$3,671
Jul 199881,58211.742.24$3,633
Jun 199801,49011.242.24$3,334
May 199881,64212.622.21$3,724
Apr 19983692313.042.51$2,782
Mar 1998491,95312.802.31$5,138
Feb 199801,88313.952.30$4,329
Jan 1998332,00614.702.15$4,808
Dec 1997312,25716.322.41$5,948
Nov 1997482,10418.193.09$7,371
Oct 1997301,31519.253.15$4,720
Sep 1997291,47717.742.95$4,879
Aug 199701,36117.862.55$3,477
Jul 1997162,01417.582.25$4,807
Jun 199701,41417.242.26$3,192
May 1997631,70318.972.31$5,126
Apr 1997151,87117.882.08$4,165
Mar 1997472,11118.951.94$4,984
Feb 1997492,20020.492.21$5,857
Jan 1997662,61323.483.54$10,799
Dec 1996622,82423.32$1,446
Nov 1996432,46521.97$945
Oct 19961032,42823.31$2,401
Sep 1996522,84322.22$1,155
Aug 1996262,81120.26$527
Jul 1996263,01919.55$508
Jun 1996523,18218.73$974
May 199603,44019.43$0
Apr 19961003,81421.51$2,151
Mar 1996533,81319.38$1,027
Feb 19961314,16016.98$2,224
Jan 19961074,30417.07$1,826
Dec 19951043,96617.19$1,788
Nov 19951033,44916.00$1,648
Oct 1995604,90115.43$926
Sep 19951214,94616.18$1,958
Aug 1995514,95015.92$812
Jul 19951026,10715.24$1,554
Jun 19951295,51416.41$2,117
May 19951536,36517.56$2,687
Apr 19952066,75917.73$3,652
Mar 19952356,63216.44$3,863
Feb 19952106,93716.58$3,482
Jan 19952887,68715.92$4,585
Dec 19942639,05715.03$3,953
Nov 19942828,33515.90$4,484
Oct 19942298,39815.58$3,568
Sep 19941988,66615.29$3,027
Aug 19942039,79516.13$3,274
Jul 199417610,83417.56$3,091
Jun 199418210,85617.09$3,110
May 199426112,54515.88$4,145
Apr 199433312,88314.14$4,709
Mar 199446515,27312.46$5,794
Feb 199447115,24012.50$5,888
Jan 199456815,89612.66$7,191
Dec 199358018,09512.33$7,151
Nov 199351621,23914.49$7,477
Oct 199351024,88715.85$8,084
Sep 199354831,11115.03$8,236
Aug 199321230,04715.66$3,320

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                    4 Mcf  × $  3.05 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/146438 is the state's own key, not one this site invented.