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 149480District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$460 k
May 1994 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
385
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 Gas111995-05-11132008
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
CondensateDisposition1,788 bbl$37,262
GasProduction290,638 Mcf$423,032
Total$460,295

177,826 Mcf of this lease's gas, across 32 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 30.3935, -101.3705. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.39354, -101.37052 · 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
6,250 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 6,250 ft.

Completions filed
May 1994
1 of 1 wells

1 well

42-1053648542056,250 ftMay 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 (385)

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

385 months

May 202603106.413.05$9
Apr 20260298.932.87$6
Mar 20260089.753.15$0
Feb 202603263.503.75$120
Jan 202604659.138.00$368
Dec 202506056.664.41$265
Nov 202501858.593.93$71
Oct 202505559.383.30$182
Sep 202503762.743.08$114
Aug 2025012963.933.01$389
Jul 2025014866.743.32$491
Jun 202503066.483.13$94
May 2025113760.553.23$503
Apr 2025014762.363.54$521
Mar 202509767.704.27$414
Feb 2025012170.884.34$525
Jan 2025012174.324.28$518
Dec 2024016368.993.12$509
Nov 202403869.052.20$84
Oct 202404871.372.28$110
Sep 202407069.612.36$166
Aug 20240675.632.06$12
Jul 202404179.932.15$88
Jun 202401178.082.63$29
May 202408578.812.20$187
Apr 20240084.451.66$0
Mar 2024014680.301.55$226
Feb 2024013676.091.78$243
Jan 2024011773.023.30$386
Dec 2023013871.262.61$360
Nov 2023014177.892.81$396
Oct 2023012785.443.09$392
Sep 2023015089.042.74$410
Aug 2023016180.522.67$430
Jul 2023414674.852.64$685
Jun 2023714468.962.26$808
May 2023414670.622.23$608
Apr 20231113478.122.24$1,159
Mar 2023714072.852.39$845
Feb 2023314875.112.47$590
Jan 2023613176.533.39$903
Dec 2022313876.415.73$1,020
Nov 2022316385.005.65$1,175
Oct 2022314387.185.86$1,100
Sep 2022313584.888.16$1,357
Aug 2022314694.529.13$1,616
Jul 20223176101.587.54$1,632
Jun 20223168115.097.98$1,685
May 20223177109.378.43$1,821
Apr 202210179104.226.84$2,266
Mar 20220178108.885.08$904
Feb 2022012291.054.86$593
Jan 2022325581.844.54$1,403
Dec 2021018671.323.90$725
Nov 2021318977.435.24$1,222
Oct 2021016679.795.71$949
Sep 2021614669.865.35$1,200
Aug 2021021966.024.22$924
Jul 2021017170.783.98$681
Jun 2021013469.493.38$453
May 2021019663.483.02$591
Apr 2021019360.362.76$532
Mar 2021321761.302.72$773
Feb 2021014057.805.55$777
Jan 2021020650.412.81$579
Dec 2020021244.642.68$567
Nov 2020021538.772.71$582
Oct 2020018836.972.48$466
Sep 2020012837.091.99$255
Aug 2020010539.982.39$250
Jul 202008038.371.83$146
Jun 2020011334.901.69$191
May 202003116.921.81$56
Apr 202001514.751.80$27
Mar 20200730.341.86$13
Feb 2020011949.881.98$236
Jan 2020010057.252.09$209
Dec 2019012559.012.30$288
Nov 2019012255.302.75$336
Oct 2019012453.472.42$300
Sep 2019015555.052.66$412
Aug 201905753.112.30$131
Jul 20190056.272.46$0
Jun 201909852.782.49$244
May 2019011758.482.74$321
Apr 20190762.632.75$19
Mar 201906856.803.06$208
Feb 201907750.852.79$215
Jan 201908946.033.23$287
Dec 2018010046.594.19$419
Nov 201809352.934.24$394
Oct 201808261.443.40$279
Sep 201809159.543.11$283
Aug 2018011459.403.07$350
Jul 201809165.142.93$267
Jun 201808060.183.08$246
May 2018010765.382.90$310
Apr 201809463.842.90$273
Mar 2018010261.222.79$284
Feb 201809661.782.77$266
Jan 2018010262.874.01$409
Dec 201709557.272.92$278
Nov 201708355.423.12$259
Oct 201707449.292.98$221
Sep 201708047.523.09$247
Aug 201707545.373.00$225
Jul 201707643.873.09$235
Jun 201706442.493.09$198
May 201707645.373.26$248
Apr 201708447.933.21$270
Mar 201707246.772.98$215
Feb 201708250.452.95$242
Jan 201708749.413.42$297
Dec 201609148.763.72$339
Nov 201608242.492.64$217
Oct 201608146.193.09$250
Sep 201607441.553.10$229
Aug 201608541.442.92$249
Jul 201608041.622.92$234
Jun 201607845.352.69$209
May 201608642.521.99$171
Apr 201618236.561.99$200
Mar 201607233.011.79$129
Feb 201607126.472.06$147
Jan 2016010027.352.36$236
Dec 201509232.362.00$184
Nov 201509738.792.17$210
Oct 201508343.552.43$201
Sep 201508442.992.76$232
Aug 2015011340.162.87$325
Jul 2015010348.152.95$303
Jun 2015011256.152.88$323
May 2015011555.212.96$340
Apr 201509849.822.71$265
Mar 2015010642.892.93$311
Feb 2015010144.662.98$301
Jan 2015011843.433.10$366
Dec 2014012854.693.59$460
Nov 2014013170.464.25$557
Oct 201408978.303.90$347
Sep 2014011086.164.05$445
Aug 2014011689.394.04$468
Jul 2014011596.564.18$481
Jun 2014010898.164.74$512
May 2014011694.734.73$548
Apr 2014012795.944.81$611
Mar 2014013895.895.06$698
Feb 2014010697.406.19$656
Jan 2014011190.404.86$540
Dec 2013012791.824.35$553
Nov 2013011688.853.74$434
Oct 2013012597.423.78$472
Sep 20130145104.113.72$539
Aug 20130172104.253.52$606
Jul 20130162102.523.72$602
Jun 2013011194.403.93$437
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013045393.623.91$1,773
Feb 2013039091.233.42$1,334
Jan 2013019291.603.42$657
Dec 2012022786.773.42$776
Nov 2012023086.953.62$834
Oct 2012015289.383.40$517
Sep 2012015294.672.92$444
Aug 2012018392.662.91$532
Jul 2012017085.133.02$514
Jun 2012018179.822.52$456
May 2012021291.612.49$528
Apr 20120139101.652.00$278
Mar 20128222105.052.22$1,334
Feb 20120222101.102.57$571
Jan 2012022698.092.73$618
Dec 2011022396.873.24$722
Nov 2011021995.723.31$725
Oct 2011025184.983.65$916
Sep 2011025583.623.99$1,016
Aug 2011022683.404.15$938
Jul 2011016594.144.52$745
Jun 2011024692.904.64$1,141
May 2011022498.134.40$987
Apr 20110454105.964.33$1,967
Mar 2011015096.364.06$609
Feb 2011018685.644.18$777
Jan 2011019586.504.59$895
Dec 2010020185.734.35$874
Nov 2010021680.843.80$820
Oct 201006378.103.51$221
Sep 2010013772.633.98$545
Aug 2010017073.684.42$751
Jul 2010012972.554.74$611
Jun 2010013370.364.91$653
May 2010019371.124.24$817
Apr 2010025781.694.12$1,060
Mar 2010013078.394.39$571
Feb 2010015773.585.44$854
Jan 2010022574.365.96$1,342
Dec 2009021171.445.48$1,157
Nov 2009015374.593.75$574
Oct 2009011772.544.11$481
Sep 2009015565.543.06$475
Aug 2009014867.423.22$476
Jul 2009015561.133.46$537
Jun 2009016466.163.90$639
May 2009012954.743.93$506
Apr 200909446.773.59$337
Mar 2009013342.144.06$540
Feb 2009014232.814.63$658
Jan 2009014435.865.37$773
Dec 2008014537.105.98$867
Nov 2008019855.496.86$1,358
Oct 2008019575.246.92$1,350
Sep 20080210101.767.88$1,654
Aug 20080214114.228.48$1,815
Jul 20080186131.0811.39$2,118
Jun 20080205131.3313.03$2,672
May 20080208123.1711.57$2,407
Apr 20080203110.3110.45$2,122
Mar 20080200101.909.66$1,933
Feb 2008019192.538.77$1,675
Jan 2008017390.388.21$1,420
Dec 2007021688.337.30$1,577
Nov 2007021791.677.29$1,582
Oct 2007024782.856.92$1,710
Sep 2007021475.846.24$1,336
Aug 2007026369.066.39$1,680
Jul 2007024570.906.39$1,565
Jun 2007022762.007.55$1,714
May 2007017458.747.85$1,365
Apr 2007016459.617.81$1,280
Mar 2007016856.927.30$1,227
Feb 2007014855.108.22$1,216
Jan 2007015650.306.73$1,049
Dec 2006017456.656.92$1,204
Nov 2006021354.207.62$1,623
Oct 2006023254.906.01$1,395
Sep 2006024960.085.04$1,254
Aug 2006024168.717.34$1,769
Jul 2006026669.376.34$1,687
Jun 2006025266.286.38$1,609
May 2006023666.016.42$1,516
Apr 2006024964.397.36$1,833
Mar 2006023956.707.08$1,693
Feb 2006018757.597.75$1,449
Jan 2006025360.598.93$2,260
Dec 2005018654.9413.42$2,495
Nov 2005024754.6910.59$2,615
Oct 2005025858.3413.80$3,559
Sep 2005022461.4512.08$2,706
Aug 2005028361.519.80$2,773
Jul 2005026955.697.84$2,110
Jun 2005026452.337.38$1,949
May 2005029045.226.65$1,929
Apr 2005026149.207.36$1,921
Mar 2005023850.377.15$1,703
Feb 2005023445.226.31$1,477
Jan 2005027143.166.32$1,713
Dec 2004024739.866.75$1,668
Nov 2004018845.286.33$1,190
Oct 2004019949.706.52$1,297
Sep 2004021243.245.28$1,120
Aug 2004020842.375.55$1,155
Jul 2004020438.286.08$1,241
Jun 2004019036.106.43$1,222
May 2004025537.486.49$1,656
Apr 2004021534.475.86$1,260
Mar 2004023034.365.53$1,272
Feb 2004025132.455.51$1,383
Jan 2004025332.036.30$1,594
Dec 2003031430.266.30$1,979
Nov 2003027028.804.60$1,241
Oct 2003035128.174.76$1,671
Sep 2003042126.314.75$1,999
Aug 2003055429.765.13$2,842
Jul 2003169129.415.17$3,602
Jun 2003039428.565.98$2,357
May 2003052326.595.97$3,124
Apr 2003053626.675.41$2,898
Mar 2003080331.146.10$4,895
Feb 2003159233.487.93$4,726
Jan 2003072530.315.58$4,047
Dec 2002036026.914.85$1,747
Nov 2002051524.664.14$2,131
Oct 2002080526.464.23$3,404
Sep 2002076727.443.64$2,788
Aug 2002035725.963.16$1,130
Jul 2002018424.583.06$563
Jun 2002019323.733.34$644
May 2002046424.663.58$1,663
Apr 2002031323.653.51$1,099
Mar 2002033922.003.10$1,052
Feb 2002033518.222.38$796
Jan 2002054617.172.38$1,297
Dec 200113016.932.36$220
Nov 2001344618.072.41$1,127
Oct 2001048819.782.53$1,234
Sep 2001052624.262.25$1,184
Aug 2001044424.873.05$1,356
Jul 2001054023.933.20$1,726
Jun 2001082324.563.82$3,147
May 2001078825.524.31$3,394
Apr 2001042124.685.34$2,246
Mar 2001041124.545.38$2,210
Feb 2001034227.755.77$1,972
Jan 2001043427.478.40$3,645
Dec 20001362126.889.12$6,015
Nov 2000079132.215.66$4,475
Oct 2000047731.235.15$2,454
Sep 2000031731.875.19$1,644
Aug 2000030429.644.54$1,380
Jul 2000056828.534.09$2,323
Jun 2000045729.304.40$2,010
May 2000046227.263.68$1,700
Apr 2000058924.513.12$1,835
Mar 20001480228.422.86$2,691
Feb 2000075627.622.73$2,061
Jan 200001,00825.272.48$2,500
Dec 1999074124.282.42$1,796
Nov 1999043923.192.43$1,069
Oct 19991472120.982.80$2,315
Sep 1999085721.752.62$2,244
Aug 1999099819.262.88$2,870
Jul 199901,03317.892.37$2,451
Jun 1999095915.942.36$2,265
May 1999095015.792.32$2,205
Apr 1999083815.102.21$1,850
Mar 19991398912.471.84$1,980
Feb 199909489.981.82$1,723
Jan 1999141,09910.381.90$2,233
Dec 199801,1059.201.77$1,960
Nov 1998181,08310.892.19$2,563
Oct 199801,10812.421.97$2,182
Sep 199801,10912.592.08$2,310
Aug 199801,14511.301.91$2,184
Jul 199801,19811.742.24$2,680
Jun 1998191,22711.242.24$2,959
May 199801,25212.622.21$2,762
Apr 199801,30013.042.51$3,257
Mar 1998192,17812.802.31$5,273
Feb 1998291,37113.952.30$3,557
Jan 1998311,58614.702.15$3,873
Dec 1997321,73216.322.41$4,698
Nov 1997311,82418.193.09$6,197
Oct 1997321,95619.253.15$6,777
Sep 199701,69717.742.95$5,014
Aug 1997311,66317.862.55$4,802
Jul 199701,65517.582.25$3,719
Jun 1997321,33917.242.26$3,574
May 1997331,98818.972.31$5,215
Apr 1997472,08117.882.08$5,175
Mar 1997252,36118.951.94$5,052
Feb 1997131,88320.492.21$4,420
Jan 1997132,19423.483.54$8,071
Dec 1996252,06023.32$583
Nov 1996132,04721.97$286
Oct 1996132,70623.31$303
Sep 1996122,87022.22$267
Aug 1996133,35220.26$263
Jul 1996253,51919.55$489
Jun 1996133,24818.73$243
May 1996133,42719.43$253
Apr 1996123,57621.51$258
Mar 1996383,42919.38$736
Feb 1996233,68916.98$391
Jan 1996263,97417.07$444
Dec 1995464,23917.19$791
Nov 1995394,54516.00$624
Oct 1995264,14215.43$401
Sep 1995324,29916.18$518
Aug 1995374,41115.92$589
Jul 1995254,91715.24$381
Jun 1995385,54516.41$624
May 1995336,23817.56$579
Apr 1995757,01517.73$1,330
Mar 1995947,52816.44$1,545
Feb 1995937,60816.58$1,542
Jan 19951328,65715.92$2,101
Dec 1994729,33115.03$1,082
Nov 1994709,03715.90$1,113
Oct 19943510,34715.58$545
Sep 1994348,88915.29$520
Aug 1994239,86716.13$371
Jul 19942810,70817.56$492
Jun 19943010,38917.09$513
May 199482,21715.88$127

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/149480 is the state's own key, not one this site invented.