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 153425District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Feb 1995 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
376
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 Gas111995-04-24131896
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
CondensateDisposition1,239 bbl$36,652
GasProduction528,809 Mcf$1,785,891
Total$1,822,543

103,303 Mcf of this lease's gas, across 23 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 30.4224, -101.2891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.42237, -101.28906 · 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
6,550 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 6,550 ft.

Completions filed
Feb 1995
1 of 1 wells

1 well

42-10536794106,550 ftFeb 1995

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 (376)

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

376 months

May 202608106.413.05$24
Apr 20260598.932.87$14
Mar 20260089.753.15$0
Feb 202607863.503.75$293
Jan 20261111559.138.00$1,570
Dec 2025015056.664.41$662
Nov 202504658.593.93$181
Oct 2025013759.383.30$453
Sep 202509262.743.08$283
Aug 2025032263.933.01$971
Jul 2025036966.743.32$1,223
Jun 2025117466.483.13$963
May 20251234260.553.23$1,832
Apr 2025036562.363.54$1,293
Mar 20252424167.704.27$2,653
Feb 2025030070.884.34$1,302
Jan 20251230174.324.28$2,180
Dec 20241240668.993.12$2,095
Nov 202409469.052.20$207
Oct 2024012071.372.28$274
Sep 2024017569.612.36$414
Aug 2024131575.632.06$1,014
Jul 2024010279.932.15$219
Jun 202402978.082.63$76
May 20241221278.812.20$1,412
Apr 20240084.451.66$0
Mar 2024036280.301.55$559
Feb 20241333876.091.78$1,592
Jan 20241329173.023.30$1,909
Dec 20232034371.262.61$2,321
Nov 2023735077.892.81$1,528
Oct 20231931585.443.09$2,596
Sep 2023037289.042.74$1,017
Aug 2023140080.522.67$1,150
Jul 2023036374.852.64$959
Jun 2023035868.962.26$809
May 2023036270.622.23$806
Apr 2023033478.122.24$747
Mar 2023034872.852.39$833
Feb 2023036875.112.47$907
Jan 2023032776.533.39$1,108
Dec 2022034476.415.73$1,971
Nov 2022040685.005.65$2,292
Oct 2022035687.185.86$2,088
Sep 2022033584.888.16$2,735
Aug 2022036494.529.13$3,322
Jul 20220438101.587.54$3,303
Jun 20220419115.097.98$3,342
May 20220440109.378.43$3,711
Apr 20220447104.226.84$3,056
Mar 20220443108.885.08$2,249
Feb 2022030491.054.86$1,477
Jan 2022063681.844.54$2,886
Dec 2021046371.323.90$1,805
Nov 2021047177.435.24$2,467
Oct 2021041479.795.71$2,366
Sep 2021036369.865.35$1,942
Aug 2021054666.024.22$2,304
Jul 2021044370.783.98$1,764
Jun 2021046669.493.38$1,575
May 2021048263.483.02$1,455
Apr 2021046360.362.76$1,277
Mar 2021049161.302.72$1,334
Feb 2021042957.805.55$2,380
Jan 2021044750.412.81$1,256
Dec 2020048244.642.68$1,290
Nov 2020056838.772.71$1,537
Oct 2020049236.972.48$1,219
Sep 2020058237.091.99$1,159
Aug 2020049639.982.39$1,183
Jul 2020072638.371.83$1,325
Jun 2020087534.901.69$1,479
May 2020022716.921.81$412
Apr 202007514.751.80$135
Mar 202004230.341.86$78
Feb 2020059649.881.98$1,180
Jan 2020053757.252.09$1,125
Dec 2019062859.012.30$1,447
Nov 2019065655.302.75$1,804
Oct 2019078853.472.42$1,906
Sep 201901,05355.052.66$2,798
Aug 2019027953.112.30$643
Jul 20190056.272.46$0
Jun 2019055052.782.49$1,370
May 2019052858.482.74$1,447
Apr 201906562.632.75$179
Mar 2019066956.803.06$2,049
Feb 2019065550.852.79$1,829
Jan 2019060946.033.23$1,966
Dec 2018068146.594.19$2,850
Nov 2018074452.934.24$3,153
Oct 2018066561.443.40$2,260
Sep 2018070159.543.11$2,179
Aug 2018072959.403.07$2,236
Jul 2018077265.142.93$2,263
Jun 2018071360.183.08$2,194
May 2018073065.382.90$2,118
Apr 2018067163.842.90$1,946
Mar 2018071861.222.79$2,001
Feb 2018060761.782.77$1,679
Jan 2018059662.874.01$2,390
Dec 2017053157.272.92$1,551
Nov 2017055355.423.12$1,724
Oct 2017064449.292.98$1,921
Sep 2017068847.523.09$2,124
Aug 2017071145.373.00$2,136
Jul 2017064243.873.09$1,982
Jun 2017068542.493.09$2,115
May 2017067345.373.26$2,196
Apr 2017058447.933.21$1,876
Mar 2017069946.772.98$2,086
Feb 2017061650.452.95$1,819
Jan 2017063349.413.42$2,164
Dec 2016059848.763.72$2,226
Nov 2016056742.492.64$1,499
Oct 2016056746.193.09$1,752
Sep 2016049641.553.10$1,538
Aug 2016062541.442.92$1,828
Jul 2016067241.622.92$1,965
Jun 2016071145.352.69$1,910
May 2016074342.521.99$1,479
Apr 2016073336.561.99$1,459
Mar 2016077733.011.79$1,394
Feb 2016069826.472.06$1,440
Jan 2016079427.352.36$1,877
Dec 2015071532.362.00$1,431
Nov 2015976838.792.17$2,014
Oct 2015081743.552.43$1,983
Sep 2015083042.992.76$2,289
Aug 2015086340.162.87$2,479
Jul 2015080148.152.95$2,359
Jun 2015081456.152.88$2,347
May 20151180955.212.96$2,998
Apr 2015070349.822.71$1,903
Mar 20151169042.892.93$2,497
Feb 20151269744.662.98$2,610
Jan 20151271343.433.10$2,732
Dec 2014076154.693.59$2,733
Nov 2014977270.464.25$3,917
Oct 2014073978.303.90$2,883
Sep 2014688086.164.05$4,077
Aug 2014090089.394.04$3,632
Jul 2014095496.564.18$3,987
Jun 2014094498.164.74$4,472
May 2014096594.734.73$4,561
Apr 2014092095.944.81$4,424
Mar 2014098795.895.06$4,991
Feb 2014095097.406.19$5,882
Jan 2014073190.404.86$3,553
Dec 201381,15191.824.35$5,747
Nov 2013099788.853.74$3,727
Oct 201301,19697.423.78$4,520
Sep 20130823104.113.72$3,060
Aug 20130607104.253.52$2,138
Jul 20130462102.523.72$1,718
Jun 2013055794.403.93$2,191
May 2013052194.834.15$2,162
Apr 2013056993.964.28$2,437
Mar 2013064593.623.91$2,524
Feb 2013055191.233.42$1,884
Jan 2013065991.603.42$2,254
Dec 2012075386.773.42$2,575
Nov 2012097586.953.62$3,534
Oct 201201,05289.383.40$3,576
Sep 2012092794.672.92$2,705
Aug 201201,16392.662.91$3,382
Jul 2012095785.133.02$2,891
Jun 201201,04679.822.52$2,635
May 201201,15691.612.49$2,877
Apr 201201,184101.652.00$2,364
Mar 2012121,201105.052.22$3,929
Feb 201201,173101.102.57$3,015
Jan 201201,36298.092.73$3,724
Dec 2011094996.873.24$3,075
Nov 201101,00095.723.31$3,311
Oct 201101,21084.983.65$4,415
Sep 2011077983.623.99$3,105
Aug 201101,31983.404.15$5,473
Jul 2011088694.144.52$4,002
Jun 201101,29992.904.64$6,027
May 2011092098.134.40$4,052
Apr 201101,069105.964.33$4,632
Mar 2011099796.364.06$4,045
Feb 2011088485.644.18$3,695
Jan 201101,01186.504.59$4,639
Dec 201001,22585.734.35$5,326
Nov 201001,03780.843.80$3,936
Oct 201001,40178.103.51$4,916
Sep 2010055772.633.98$2,217
Aug 201001,04373.684.42$4,609
Jul 201001,30572.554.74$6,181
Jun 201001,02670.364.91$5,038
May 201001,05271.124.24$4,455
Apr 2010093481.694.12$3,851
Mar 2010098278.394.39$4,310
Feb 201001,48573.585.44$8,082
Jan 201001,32874.365.96$7,920
Dec 2009097471.445.48$5,341
Nov 200901,04974.593.75$3,935
Oct 200901,13972.544.11$4,682
Sep 200901,09865.543.06$3,365
Aug 200901,01967.423.22$3,280
Jul 200901,30461.133.46$4,518
Jun 2009082966.163.90$3,229
May 200901,27054.743.93$4,986
Apr 200901,01746.773.59$3,648
Mar 200901,17042.144.06$4,749
Feb 200901,17332.814.63$5,435
Jan 200901,27735.865.37$6,859
Dec 200801,09337.105.98$6,533
Nov 2008094655.496.86$6,490
Oct 2008087775.246.92$6,071
Sep 20080978101.767.88$7,704
Aug 20080968114.228.48$8,212
Jul 20080941131.0811.39$10,717
Jun 200801,096131.3313.03$14,284
May 200801,182123.1711.57$13,681
Apr 200801,330110.3110.45$13,905
Mar 200801,413101.909.66$13,655
Feb 200801,17392.538.77$10,288
Jan 200801,36390.388.21$11,184
Dec 200701,31488.337.30$9,595
Nov 2007091591.677.29$6,672
Oct 200701,00182.856.92$6,929
Sep 2007097675.846.24$6,094
Aug 200701,22169.066.39$7,800
Jul 200701,28870.906.39$8,228
Jun 200701,26762.007.55$9,564
May 200701,30958.747.85$10,271
Apr 200701,21859.617.81$9,507
Mar 200701,29856.927.30$9,478
Feb 200701,16855.108.22$9,596
Jan 200701,32550.306.73$8,913
Dec 200601,40456.656.92$9,713
Nov 200601,35854.207.62$10,345
Oct 200601,35454.906.01$8,143
Sep 200601,28860.085.04$6,488
Aug 200601,42468.717.34$10,452
Jul 200601,35869.376.34$8,613
Jun 200601,29466.286.38$8,261
May 200601,49466.016.42$9,599
Apr 200601,42664.397.36$10,496
Mar 200601,50956.707.08$10,688
Feb 200601,37257.597.75$10,635
Jan 200601,46060.598.93$13,043
Dec 200501,55854.9413.42$20,901
Nov 200501,42654.6910.59$15,099
Oct 200501,41658.3413.80$19,535
Sep 200501,34761.4512.08$16,270
Aug 200501,47561.519.80$14,450
Jul 200501,60555.697.84$12,589
Jun 200501,50552.337.38$11,108
May 200501,63545.226.65$10,875
Apr 200501,45849.207.36$10,732
Mar 200501,55150.377.15$11,097
Feb 200501,38045.226.31$8,710
Jan 200501,53143.166.32$9,679
Dec 200401,47939.866.75$9,985
Nov 200401,46745.286.33$9,287
Oct 200401,53549.706.52$10,001
Sep 200401,52643.245.28$8,063
Aug 200401,57542.375.55$8,742
Jul 200401,64638.286.08$10,015
Jun 200401,57836.106.43$10,151
May 200401,60537.486.49$10,424
Apr 200401,52234.475.86$8,917
Mar 200401,60634.365.53$8,881
Feb 200401,54132.455.51$8,490
Jan 200401,72332.036.30$10,854
Dec 200301,66630.266.30$10,499
Nov 200301,53028.804.60$7,031
Oct 200301,57728.174.76$7,506
Sep 200301,56726.314.75$7,442
Aug 200301,63529.765.13$8,387
Jul 200301,65229.415.17$8,542
Jun 200301,63328.565.98$9,770
May 200301,71926.595.97$10,267
Apr 200301,81826.675.41$9,830
Mar 2003611,89131.146.10$13,427
Feb 200301,48433.487.93$11,762
Jan 200301,66830.315.58$9,311
Dec 200201,68926.914.85$8,198
Nov 200201,54024.664.14$6,371
Oct 200202,04926.464.23$8,665
Sep 200201,84627.443.64$6,711
Aug 200202,07625.963.16$6,569
Jul 200202,07124.583.06$6,341
Jun 200202,05123.733.34$6,847
May 200202,18224.663.58$7,820
Apr 200201,97123.653.51$6,923
Mar 200201,88622.003.10$5,852
Feb 200201,64818.222.38$3,915
Jan 200201,84117.172.38$4,374
Dec 2001014216.932.36$336
Nov 200101,99018.072.41$4,787
Oct 200102,11119.782.53$5,338
Sep 200102,12924.262.25$4,793
Aug 200102,21724.873.05$6,769
Jul 200102,07723.933.20$6,640
Jun 200102,06924.563.82$7,912
May 200102,26525.524.31$9,756
Apr 200102,07524.685.34$11,071
Mar 200102,10924.545.38$11,339
Feb 200101,89827.755.77$10,946
Jan 200102,08727.478.40$17,528
Dec 200002,15226.889.12$19,632
Nov 200002,04232.215.66$11,554
Oct 200002,21831.235.15$11,413
Sep 200002,17531.875.19$11,281
Aug 200002,27429.644.54$10,326
Jul 200002,34828.534.09$9,603
Jun 200002,27529.304.40$10,004
May 200002,43127.263.68$8,945
Apr 200002,32224.513.12$7,235
Mar 200002,59928.422.86$7,432
Feb 200002,35527.622.73$6,421
Jan 2000332,42925.272.48$6,859
Dec 199902,38824.282.42$5,788
Nov 199902,33823.192.43$5,691
Oct 199902,65620.982.80$7,447
Sep 199902,46021.752.62$6,442
Aug 199902,48519.262.88$7,146
Jul 199902,75117.892.37$6,526
Jun 199902,50915.942.36$5,927
May 199902,54915.792.32$5,916
Apr 199902,63815.102.21$5,825
Mar 199902,79312.471.84$5,134
Feb 199962,6379.981.82$4,853
Jan 199902,61510.381.90$4,968
Dec 199802,7859.201.77$4,939
Nov 199802,81010.892.19$6,142
Oct 199803,07712.421.97$6,059
Sep 199803,16812.592.08$6,598
Aug 199803,15111.301.91$6,010
Jul 199803,32711.742.24$7,443
Jun 199803,04311.242.24$6,808
May 199803,53112.622.21$7,791
Apr 199803,52213.042.51$8,824
Mar 199803,53612.802.31$8,166
Feb 199803,10713.952.30$7,143
Jan 199803,38414.702.15$7,292
Dec 1997893,53016.322.41$9,964
Nov 199703,27818.193.09$10,123
Oct 199703,77219.253.15$11,881
Sep 199703,67117.742.95$10,847
Aug 199703,64417.862.55$9,309
Jul 199703,75017.582.25$8,426
Jun 199703,58417.242.26$8,090
May 199703,86618.972.31$8,925
Apr 199703,92817.882.08$8,181
Mar 199704,16318.951.94$8,073
Feb 199703,91820.492.21$8,643
Jan 199704,26123.483.54$15,083
Dec 199604,14823.32$0
Nov 199603,98421.97$0
Oct 1996774,39623.31$1,795
Sep 199604,25822.22$0
Aug 199604,32620.26$0
Jul 199604,27119.55$0
Jun 199602,84618.73$0
May 199603,07819.43$0
Apr 199603,14721.51$0
Mar 1996763,15319.38$1,473
Feb 199603,03416.98$0
Jan 199603,23217.07$0
Dec 1995933,38517.19$1,599
Nov 199503,52616.00$0
Oct 199503,79015.43$0
Sep 199504,68716.18$0
Aug 19951746,67915.92$2,770
Jul 199506,35415.24$0
Jun 19951816,16916.41$2,970
May 199506,81517.56$0
Apr 19951797,41617.73$3,174
Mar 1995010,30916.44$0
Feb 1995030016.58$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                    8 Mcf  × $  3.05 =        $24

────────────────────────────────────────────────────
Month total                                      $24

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/153425 is the state's own key, not one this site invented.