PIERCE 1

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 206241District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$944 k
May 2004 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
265
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 Gas112006-01-31167045
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
CondensateDisposition4,035 bbl$258,406
GasProduction123,070 Mcf$685,337
Total$943,743

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 30.4924, -101.3467. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49237, -101.34671 · 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
6,833 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 6,833 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-1053925416,833 ftMay 2004

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 (265)

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

265 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202602363.503.75$86
Jan 20260559.138.00$40
Dec 202506456.664.41$282
Nov 202503358.593.93$130
Oct 2025019659.383.30$648
Sep 2025019662.743.08$603
Aug 2025058363.933.01$1,758
Jul 2025042266.743.32$1,399
Jun 202506866.483.13$213
May 20251838960.553.23$2,347
Apr 2025019362.363.54$684
Mar 2025021267.704.27$905
Feb 2025034870.884.34$1,511
Jan 2025036274.324.28$1,549
Dec 2024051968.993.12$1,620
Nov 20240069.052.20$0
Oct 2024012971.372.28$294
Sep 20240069.612.36$0
Aug 202405575.632.06$114
Jul 202401779.932.15$36
Jun 20240078.082.63$0
May 2024011378.812.20$248
Apr 20240084.451.66$0
Mar 2024012180.301.55$187
Feb 2024030176.091.78$537
Jan 2024047873.023.30$1,576
Dec 2023047471.262.61$1,237
Nov 2023037377.892.81$1,047
Oct 2023037385.443.09$1,152
Sep 2023044389.042.74$1,212
Aug 2023044580.522.67$1,189
Jul 2023026374.852.64$695
Jun 2023010968.962.26$246
May 202306170.622.23$136
Apr 2023011778.122.24$262
Mar 202340072.852.39$2,914
Feb 2023044975.112.47$1,107
Jan 2023038476.533.39$1,301
Dec 2022042076.415.73$2,406
Nov 20220085.005.65$0
Oct 2022026287.185.86$1,536
Sep 2022030784.888.16$2,506
Aug 2022027394.529.13$2,492
Jul 20220408101.587.54$3,077
Jun 20220447115.097.98$3,566
May 20220400109.378.43$3,373
Apr 20220615104.226.84$4,205
Mar 20220518108.885.08$2,630
Feb 2022037291.054.86$1,807
Jan 2022078381.844.54$3,553
Dec 2021048671.323.90$1,895
Nov 202101,53377.435.24$8,028
Oct 2021027179.795.71$1,548
Sep 2021042069.865.35$2,247
Aug 2021040566.024.22$1,709
Jul 2021023670.783.98$940
Jun 2021029169.493.38$984
May 2021017563.483.02$528
Apr 2021020760.362.76$571
Mar 2021018261.302.72$494
Feb 202106757.805.55$372
Jan 2021019450.412.81$545
Dec 2020013444.642.68$359
Nov 2020028138.772.71$761
Oct 2020019436.972.48$481
Sep 2020039737.091.99$790
Aug 2020027539.982.39$656
Jul 2020017038.371.83$310
Jun 2020016834.901.69$284
May 2020024416.921.81$443
Apr 20200014.751.80$0
Mar 2020017330.341.86$321
Feb 2020011249.881.98$222
Jan 2020010257.252.09$214
Dec 2019026259.012.30$604
Nov 2019045155.302.75$1,241
Oct 2019022653.472.42$547
Sep 201901855.052.66$48
Aug 201907453.112.30$171
Jul 20190056.272.46$0
Jun 201903752.782.49$92
May 20190658.482.74$16
Apr 201902762.632.75$74
Mar 2019052756.803.06$1,614
Feb 2019037050.852.79$1,033
Jan 2019037146.033.23$1,198
Dec 2018035546.594.19$1,486
Nov 2018033952.934.24$1,436
Oct 2018030661.443.40$1,040
Sep 2018033459.543.11$1,038
Aug 2018025059.403.07$767
Jul 2018043365.142.93$1,270
Jun 2018037660.183.08$1,157
May 2018040865.382.90$1,184
Apr 2018047963.842.90$1,389
Mar 2018070461.222.79$1,962
Feb 2018044261.782.77$1,223
Jan 2018051162.874.01$2,049
Dec 201716821257.272.92$10,241
Nov 2017022555.423.12$702
Oct 2017037449.292.98$1,116
Sep 2017037947.523.09$1,170
Aug 2017023045.373.00$691
Jul 2017018843.873.09$580
Jun 2017021042.493.09$648
May 2017018945.373.26$617
Apr 2017014847.933.21$475
Mar 2017038746.772.98$1,155
Feb 2017016850.452.95$496
Jan 2017021249.413.42$725
Dec 2016024548.763.72$912
Nov 2016018942.492.64$500
Oct 2016014846.193.09$457
Sep 2016015541.553.10$481
Aug 2016018941.442.92$553
Jul 2016015041.622.92$439
Jun 201618511545.352.69$8,699
May 2016012742.521.99$253
Apr 2016212236.561.99$316
Mar 2016013433.011.79$240
Feb 2016010226.472.06$210
Jan 2016014227.352.36$336
Dec 2015021632.362.00$432
Nov 2015023138.792.17$501
Oct 2015020543.552.43$497
Sep 2015015342.992.76$422
Aug 2015019140.162.87$549
Jul 2015019148.152.95$563
Jun 2015026756.152.88$770
May 2015031855.212.96$940
Apr 2015023049.822.71$623
Mar 2015027642.892.93$810
Feb 201518221744.662.98$8,774
Jan 2015026343.433.10$815
Dec 2014029454.693.59$1,056
Nov 2014015570.464.25$659
Oct 2014017778.303.90$690
Sep 2014032186.164.05$1,299
Aug 2014016289.394.04$654
Jul 2014038196.564.18$1,592
Jun 2014038998.164.74$1,843
May 2014032994.734.73$1,555
Apr 2014030295.944.81$1,452
Mar 201417520295.895.06$17,802
Feb 2014025897.406.19$1,598
Jan 2014020390.404.86$987
Dec 2013030691.824.35$1,332
Nov 2013010688.853.74$396
Oct 2013131497.423.78$1,284
Sep 20130184104.113.72$684
Aug 20130170104.253.52$599
Jul 20130321102.523.72$1,193
Jun 2013025794.403.93$1,011
May 2013032694.834.15$1,353
Apr 2013028593.964.28$1,221
Mar 201318022493.623.91$17,728
Feb 2013027991.233.42$954
Jan 2013029891.603.42$1,019
Dec 2012024086.773.42$821
Nov 2012043886.953.62$1,588
Oct 2012012689.383.40$428
Sep 2012029694.672.92$864
Aug 2012031292.662.91$907
Jul 2012040685.133.02$1,226
Jun 2012036479.822.52$917
May 2012018291.612.49$453
Apr 2012181260101.652.00$18,918
Mar 20120230105.052.22$511
Feb 20120465101.102.57$1,195
Jan 2012023798.092.73$648
Dec 2011035896.873.24$1,160
Nov 2011028595.723.31$944
Oct 2011038784.983.65$1,412
Sep 2011032883.623.99$1,307
Aug 2011038983.404.15$1,614
Jul 2011014294.144.52$641
Jun 2011023692.904.64$1,095
May 2011011498.134.40$502
Apr 20110475105.964.33$2,058
Mar 201119439396.364.06$20,288
Feb 2011033485.644.18$1,396
Jan 2011029786.504.59$1,363
Dec 2010038685.734.35$1,678
Nov 2010035480.843.80$1,344
Oct 2010043278.103.51$1,516
Sep 2010032072.633.98$1,273
Aug 2010034473.684.42$1,520
Jul 2010032572.554.74$1,539
Jun 2010029470.364.91$1,444
May 2010037371.124.24$1,580
Apr 2010032181.694.12$1,323
Mar 201018438278.394.39$16,100
Feb 2010042473.585.44$2,308
Jan 2010029074.365.96$1,730
Dec 2009043271.445.48$2,369
Nov 2009031274.593.75$1,170
Oct 2009063972.544.11$2,626
Sep 2009049365.543.06$1,511
Aug 2009039967.423.22$1,284
Jul 200918140961.133.46$12,482
Jun 2009048966.163.90$1,905
May 2009048154.743.93$1,888
Apr 2009051446.773.59$1,844
Mar 2009036542.144.06$1,482
Feb 2009041232.814.63$1,909
Jan 2009047435.865.37$2,546
Dec 2008038137.105.98$2,277
Nov 2008048355.496.86$3,314
Oct 2008040775.246.92$2,817
Sep 20080460101.767.88$3,623
Aug 20080547114.228.48$4,640
Jul 20080313131.0811.39$3,565
Jun 2008182387131.3313.03$28,946
May 20080537123.1711.57$6,215
Apr 20080330110.3110.45$3,450
Mar 20080310101.909.66$2,996
Feb 2008041992.538.77$3,675
Jan 2008032490.388.21$2,659
Dec 2007046688.337.30$3,403
Nov 2007042191.677.29$3,070
Oct 2007049882.856.92$3,447
Sep 200718159975.846.24$17,467
Aug 2007066569.066.39$4,248
Jul 2007052770.906.39$3,366
Jun 2007074062.007.55$5,586
May 2007059858.747.85$4,692
Apr 2007063659.617.81$4,964
Mar 2007053556.927.30$3,907
Feb 2007041355.108.22$3,393
Jan 2007054950.306.73$3,693
Dec 20061851,11156.656.92$18,167
Nov 2006094854.207.62$7,221
Oct 2006072354.906.01$4,348
Sep 2006069560.085.04$3,501
Aug 2006057168.717.34$4,191
Jul 2006052769.376.34$3,343
Jun 2006092066.286.38$5,873
May 200618159766.016.42$15,784
Apr 2006059064.397.36$4,343
Mar 2006058756.707.08$4,158
Feb 2006076257.597.75$5,906
Jan 200601,02960.598.93$9,192
Dec 20051891,00854.9413.42$23,906
Nov 2005092054.6910.59$9,741
Oct 2005090258.3413.80$12,444
Sep 200501,03661.4512.08$12,514
Aug 200501,18961.519.80$11,648
Jul 200501,46255.697.84$11,467
Jun 20051851,43052.337.38$20,236
May 200501,71445.226.65$11,400
Apr 200501,52349.207.36$11,210
Mar 20051621,77850.377.15$20,881
Feb 200501,57345.226.31$9,929
Jan 200502,21343.166.32$13,991
Dec 20041852,22939.866.75$22,422
Nov 200402,08945.286.33$13,224
Oct 20041803,57749.706.52$32,251
Sep 200403,27043.245.28$17,278
Aug 20041774,14542.375.55$30,507
Jul 20041804,38338.286.08$33,557
Jun 20043575,87336.106.43$50,669
May 200402,30637.486.49$14,977

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                   23 Mcf  × $  3.75 =        $86

────────────────────────────────────────────────────
Month total                                      $86

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/206241 is the state's own key, not one this site invented.