PIERCE-ARROW

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 148792District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Mar 1994 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
387
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 Gas111994-05-31129867
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
CondensateDisposition1,270 bbl$31,301
GasProduction333,183 Mcf$1,017,197
Total$1,048,498

99,234 Mcf of this lease's gas, across 34 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 30.3879, -101.3532. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.38788, -101.35321 · 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
6,310 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 6,310 ft.

Completions filed
Mar 1994
1 of 1 wells

1 well

42-1053644145036,310 ftMar 1994

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 (387)

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

387 months

May 202605106.413.05$15
Apr 20260398.932.87$9
Mar 20260089.753.15$0
Feb 202604963.503.75$184
Jan 202607159.138.00$568
Dec 202509456.664.41$415
Nov 202502958.593.93$114
Oct 202508559.383.30$281
Sep 202505862.743.08$178
Aug 2025020163.933.01$606
Jul 2025023066.743.32$763
Jun 202504666.483.13$144
May 2025121360.553.23$749
Apr 2025022862.363.54$808
Mar 2025015067.704.27$640
Feb 2025018770.884.34$812
Jan 2025018874.324.28$804
Dec 2024025368.993.12$790
Nov 202405969.052.20$130
Oct 202407571.372.28$171
Sep 2024010969.612.36$258
Aug 20240975.632.06$19
Jul 202406379.932.15$135
Jun 202401878.082.63$47
May 2024013278.812.20$290
Apr 20240084.451.66$0
Mar 2024022680.301.55$349
Feb 2024021176.091.78$376
Jan 2024018173.023.30$597
Dec 2023021471.262.61$559
Nov 2023021877.892.81$612
Oct 2023019785.443.09$608
Sep 2023023289.042.74$635
Aug 2023024980.522.67$666
Jul 2023522774.852.64$974
Jun 20231022368.962.26$1,193
May 2023522670.622.23$856
Apr 20231620878.122.24$1,715
Mar 20231021772.852.39$1,248
Feb 2023522975.112.47$940
Jan 2023920476.533.39$1,380
Dec 2022521476.415.73$1,608
Nov 2022525385.005.65$1,853
Oct 2022522287.185.86$1,738
Sep 2022520984.888.16$2,131
Aug 2022522794.529.13$2,544
Jul 20222273101.587.54$2,262
Jun 20225261115.097.98$2,658
May 20225275109.378.43$2,866
Apr 202216278104.226.84$3,568
Mar 20220276108.885.08$1,401
Feb 2022018991.054.86$918
Jan 2022539681.844.54$2,206
Dec 2021028971.323.90$1,127
Nov 2021529477.435.24$1,927
Oct 2021025879.795.71$1,474
Sep 20211022669.865.35$1,908
Aug 2021034066.024.22$1,435
Jul 2021026570.783.98$1,055
Jun 2021020869.493.38$703
May 2021030563.483.02$920
Apr 2021030060.362.76$828
Mar 2021233761.302.72$1,038
Feb 2021021757.805.55$1,204
Jan 2021031950.412.81$896
Dec 2020032944.642.68$880
Nov 2020033538.772.71$907
Oct 2020029236.972.48$724
Sep 2020032637.091.99$649
Aug 2020031739.982.39$756
Jul 2020037538.371.83$684
Jun 2020046934.901.69$793
May 2020018916.921.81$343
Apr 2020012014.751.80$217
Mar 202003130.341.86$58
Feb 2020046649.881.98$923
Jan 2020039757.252.09$832
Dec 2019044159.012.30$1,016
Nov 2019044155.302.75$1,213
Oct 2019040853.472.42$987
Sep 2019048255.052.66$1,281
Aug 2019022653.112.30$521
Jul 20190056.272.46$0
Jun 2019040852.782.49$1,016
May 2019029458.482.74$806
Apr 201903962.632.75$107
Mar 2019056656.803.06$1,733
Feb 2019022650.852.79$631
Jan 2019054046.033.23$1,743
Dec 2018052446.594.19$2,193
Nov 2018042152.934.24$1,784
Oct 2018037661.443.40$1,278
Sep 2018041659.543.11$1,293
Aug 2018050359.403.07$1,542
Jul 2018040965.142.93$1,199
Jun 2018034360.183.08$1,055
May 2018037565.382.90$1,088
Apr 2018031663.842.90$917
Mar 2018039561.222.79$1,101
Feb 2018031361.782.77$866
Jan 2018034262.874.01$1,371
Dec 2017035457.272.92$1,034
Nov 2017033655.423.12$1,048
Oct 2017041049.292.98$1,223
Sep 2017035047.523.09$1,081
Aug 2017038045.373.00$1,142
Jul 2017042043.873.09$1,297
Jun 2017040242.493.09$1,241
May 2017045245.373.26$1,475
Apr 2017033047.933.21$1,060
Mar 2017036346.772.98$1,083
Feb 2017040550.452.95$1,196
Jan 2017040949.413.42$1,398
Dec 2016041548.763.72$1,545
Nov 2016040242.492.64$1,063
Oct 2016020846.193.09$643
Sep 2016047241.553.10$1,464
Aug 2016051541.442.92$1,506
Jul 2016050041.622.92$1,462
Jun 2016050645.352.69$1,359
May 2016053942.521.99$1,073
Apr 2016052936.561.99$1,053
Mar 2016062033.011.79$1,112
Feb 2016039426.472.06$813
Jan 2016047027.352.36$1,111
Dec 2015042432.362.00$849
Nov 2015039438.792.17$854
Oct 2015033343.552.43$808
Sep 2015044142.992.76$1,216
Aug 2015040540.162.87$1,163
Jul 2015047848.152.95$1,408
Jun 2015036256.152.88$1,044
May 2015055055.212.96$1,626
Apr 2015023949.822.71$647
Mar 2015058142.892.93$1,705
Feb 2015056944.662.98$1,693
Jan 2015046943.433.10$1,454
Dec 2014039954.693.59$1,433
Nov 2014047970.464.25$2,037
Oct 2014058078.303.90$2,263
Sep 2014047486.164.05$1,918
Aug 2014054689.394.04$2,203
Jul 2014061896.564.18$2,583
Jun 2014034498.164.74$1,629
May 2014046094.734.73$2,174
Apr 2014052895.944.81$2,539
Mar 2014053095.895.06$2,680
Feb 2014044697.406.19$2,762
Jan 2014144290.404.86$2,239
Dec 2013052891.824.35$2,299
Nov 2013037488.853.74$1,398
Oct 2013047397.423.78$1,788
Sep 20130468104.113.72$1,740
Aug 20130391104.253.52$1,377
Jul 20136364102.523.72$1,968
Jun 2013037994.403.93$1,491
May 2013050194.834.15$2,079
Apr 2013076193.964.28$3,259
Mar 2013090693.623.91$3,545
Feb 2013039091.233.42$1,334
Jan 2013043391.603.42$1,481
Dec 2012056986.773.42$1,946
Nov 2012066486.953.62$2,407
Oct 2012067989.383.40$2,308
Sep 2012074594.672.92$2,174
Aug 2012075592.662.91$2,196
Jul 2012059485.133.02$1,794
Jun 2012059579.822.52$1,499
May 2012050391.612.49$1,252
Apr 20120573101.652.00$1,144
Mar 20128620105.052.22$2,218
Feb 20120519101.102.57$1,334
Jan 2012060598.092.73$1,654
Dec 2011062896.873.24$2,035
Nov 2011061395.723.31$2,030
Oct 2011069884.983.65$2,547
Sep 2011069983.623.99$2,786
Aug 2011066283.404.15$2,747
Jul 2011069094.144.52$3,117
Jun 2011072692.904.64$3,369
May 2011026298.134.40$1,154
Apr 20110697105.964.33$3,020
Mar 2011084796.364.06$3,437
Feb 2011076585.644.18$3,198
Jan 2011081686.504.59$3,744
Dec 2010092585.734.35$4,022
Nov 2010092880.843.80$3,522
Oct 2010084778.103.51$2,972
Sep 2010077472.633.98$3,080
Aug 2010086973.684.42$3,840
Jul 2010077872.554.74$3,685
Jun 2010077970.364.91$3,825
May 2010068671.124.24$2,905
Apr 2010068381.694.12$2,816
Mar 2010059578.394.39$2,611
Feb 2010062973.585.44$3,423
Jan 2010054474.365.96$3,244
Dec 2009077271.445.48$4,233
Nov 2009067574.593.75$2,532
Oct 2009069172.544.11$2,840
Sep 2009059565.543.06$1,824
Aug 2009068067.423.22$2,189
Jul 2009071061.133.46$2,460
Jun 2009059366.163.90$2,310
May 2009060354.743.93$2,367
Apr 2009054846.773.59$1,966
Mar 2009056542.144.06$2,293
Feb 2009051132.814.63$2,367
Jan 2009058835.865.37$3,158
Dec 2008055437.105.98$3,311
Nov 2008065055.496.86$4,459
Oct 2008054675.246.92$3,779
Sep 20080634101.767.88$4,994
Aug 20080621114.228.48$5,268
Jul 20080591131.0811.39$6,731
Jun 20080621131.3313.03$8,093
May 20080555123.1711.57$6,424
Apr 20080479110.3110.45$5,008
Mar 20080688101.909.66$6,649
Feb 2008060992.538.77$5,341
Jan 2008071190.388.21$5,834
Dec 2007072088.337.30$5,257
Nov 2007055891.677.29$4,069
Oct 2007061182.856.92$4,229
Sep 2007058075.846.24$3,622
Aug 2007062569.066.39$3,992
Jul 2007066270.906.39$4,229
Jun 2007060362.007.55$4,552
May 2007069758.747.85$5,469
Apr 2007071259.617.81$5,557
Mar 2007075356.927.30$5,498
Feb 2007066155.108.22$5,431
Jan 2007079850.306.73$5,368
Dec 2006081256.656.92$5,618
Nov 2006086354.207.62$6,574
Oct 2006084754.906.01$5,094
Sep 2006083560.085.04$4,206
Aug 2006086168.717.34$6,320
Jul 2006088169.376.34$5,588
Jun 2006091866.286.38$5,860
May 2006095566.016.42$6,136
Apr 2006082164.397.36$6,043
Mar 2006088856.707.08$6,290
Feb 2006085057.597.75$6,588
Jan 2006095760.598.93$8,549
Dec 2005094054.9413.42$12,610
Nov 2005096454.6910.59$10,207
Oct 2005096058.3413.80$13,244
Sep 2005087261.4512.08$10,533
Aug 200501,05961.519.80$10,375
Jul 2005091955.697.84$7,208
Jun 2005089452.337.38$6,599
May 200501,02145.226.65$6,791
Apr 2005087249.207.36$6,418
Mar 2005099450.377.15$7,112
Feb 2005090345.226.31$5,700
Jan 2005083243.166.32$5,260
Dec 2004079539.866.75$5,367
Nov 200401,05545.286.33$6,679
Oct 200401,04749.706.52$6,821
Sep 200401,06443.245.28$5,622
Aug 2004099542.375.55$5,523
Jul 200401,09938.286.08$6,687
Jun 200401,04936.106.43$6,748
May 200401,05637.486.49$6,858
Apr 200401,06734.475.86$6,251
Mar 200401,09634.365.53$6,061
Feb 200401,04932.455.51$5,780
Jan 200401,07932.036.30$6,797
Dec 200301,08030.266.30$6,806
Nov 200301,06428.804.60$4,889
Oct 200301,05028.174.76$4,998
Sep 200301,10726.314.75$5,258
Aug 200301,17029.765.13$6,002
Jul 200311,17329.415.17$6,095
Jun 200301,08428.565.98$6,486
May 200301,07626.595.97$6,427
Apr 200301,08726.675.41$5,878
Mar 200301,08031.146.10$6,584
Feb 2003199233.487.93$7,896
Jan 200301,12630.315.58$6,285
Dec 2002099026.914.85$4,805
Nov 200201,10424.664.14$4,567
Oct 200201,11226.464.23$4,703
Sep 200201,39327.443.64$5,064
Aug 200201,18025.963.16$3,734
Jul 200201,13024.583.06$3,460
Jun 200201,17923.733.34$3,936
May 200201,00624.663.58$3,606
Apr 200201,20223.653.51$4,222
Mar 200201,25422.003.10$3,891
Feb 200201,12518.222.38$2,673
Jan 200201,64217.172.38$3,901
Dec 200114016.932.36$237
Nov 200131,30018.072.41$3,181
Oct 200101,28519.782.53$3,250
Sep 200101,28124.262.25$2,884
Aug 200101,35724.873.05$4,143
Jul 200101,09923.933.20$3,514
Jun 200101,12724.563.82$4,310
May 200101,12025.524.31$4,824
Apr 2001095524.685.34$5,095
Mar 200101,08824.545.38$5,850
Feb 2001095227.755.77$5,490
Jan 200101,04127.478.40$8,743
Dec 20001398626.889.12$9,344
Nov 2000078232.215.66$4,425
Oct 2000082631.235.15$4,250
Sep 200001,06931.875.19$5,544
Aug 200001,04029.644.54$4,722
Jul 200001,11028.534.09$4,540
Jun 200001,10529.304.40$4,859
May 200001,17927.263.68$4,338
Apr 200001,15324.513.12$3,593
Mar 2000141,00728.422.86$3,278
Feb 2000098527.622.73$2,686
Jan 200001,06625.272.48$2,644
Dec 199901,16824.282.42$2,831
Nov 199901,16223.192.43$2,828
Oct 1999141,21020.982.80$3,686
Sep 199901,26421.752.62$3,310
Aug 199901,32919.262.88$3,822
Jul 199901,22317.892.37$2,901
Jun 199901,22115.942.36$2,884
May 199901,23815.792.32$2,873
Apr 199901,21215.102.21$2,676
Mar 1999131,30312.471.84$2,557
Feb 199901,0979.981.82$1,994
Jan 1999141,04710.381.90$2,135
Dec 199801,0789.201.77$1,912
Nov 1998181,07010.892.19$2,535
Oct 199801,18912.421.97$2,341
Sep 199801,15512.592.08$2,405
Aug 199801,18311.301.91$2,256
Jul 199801,02311.742.24$2,289
Jun 1998191,03711.242.24$2,534
May 199801,28412.622.21$2,833
Apr 199801,35413.042.51$3,392
Mar 1998191,28812.802.31$3,218
Feb 1998181,12113.952.30$2,828
Jan 1998181,36114.702.15$3,197
Dec 1997181,46316.322.41$3,821
Nov 1997171,43118.193.09$4,729
Oct 1997181,43419.253.15$4,863
Sep 199701,40317.742.95$4,146
Aug 1997171,48417.862.55$4,095
Jul 199701,65017.582.25$3,707
Jun 1997181,69017.242.26$4,125
May 1997181,76918.972.31$4,425
Apr 1997241,68217.882.08$3,932
Mar 199771,75218.951.94$3,530
Feb 199731,60120.492.21$3,593
Jan 199732,21623.483.54$7,914
Dec 199661,84723.32$140
Nov 199631,76621.97$66
Oct 199631,85823.31$70
Sep 199632,08022.22$67
Aug 199632,06920.26$61
Jul 199662,09019.55$117
Jun 199632,21118.73$56
May 199632,35019.43$58
Apr 199632,17621.51$65
Mar 199692,14619.38$174
Feb 199661,71216.98$102
Jan 199671,72717.07$119
Dec 1995121,91717.19$206
Nov 1995102,10516.00$160
Oct 199572,09515.43$108
Sep 199582,08116.18$129
Aug 199592,41815.92$143
Jul 199562,77815.24$91
Jun 199592,78316.41$148
May 199573,08317.56$123
Apr 1995133,14117.73$230
Mar 1995173,15416.44$279
Feb 1995173,12016.58$282
Jan 1995243,96915.92$382
Dec 1994173,55315.03$256
Nov 1994383,92815.90$604
Oct 1994874,21315.58$1,355
Sep 1994843,68515.29$1,284
Aug 1994574,24216.13$919
Jul 1994704,78317.56$1,229
Jun 1994965,03217.09$1,641
May 1994985,49215.88$1,556
Apr 1994566,38014.14$792
Mar 199401,25012.46$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                    5 Mcf  × $  3.05 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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/148792 is the state's own key, not one this site invented.