PIERCE, V. I. -E-

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 54927District 7CField 67995200CondensateGasSaveExport
Value, all time
$849 k
Jan 1993 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
401
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).

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
CondensateDisposition1,256 bbl$62,500
GasProduction285,838 Mcf$786,641
Total$849,142

97,843 Mcf of this lease's gas, across 48 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 30.4204, -101.3198. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.42039, -101.31983 · 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
6,500 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 6,500 ft.

Completions filed
Feb 1973
1 of 1 wells

1 well

42-1053041116,500 ftFeb 1973

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 (401)

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

401 months

May 202605106.413.05$15
Apr 20260498.932.87$11
Mar 20260089.753.15$0
Feb 202605263.503.75$195
Jan 202657659.138.00$903
Dec 2025010056.664.41$441
Nov 202503158.593.93$122
Oct 202509159.383.30$301
Sep 202506262.743.08$191
Aug 2025021463.933.01$645
Jul 2025024666.743.32$816
Jun 202564966.483.13$552
May 2025622860.553.23$1,100
Apr 2025024362.363.54$861
Mar 20251216167.704.27$1,500
Feb 2025020070.884.34$868
Jan 2025620174.324.28$1,306
Dec 2024627168.993.12$1,260
Nov 202406369.052.20$139
Oct 202408071.372.28$183
Sep 2024011669.612.36$274
Aug 202471075.632.06$550
Jul 202406879.932.15$146
Jun 202401978.082.63$50
May 2024614178.812.20$783
Apr 20240084.451.66$0
Mar 2024024280.301.55$374
Feb 2024622576.091.78$858
Jan 2024619473.023.30$1,078
Dec 20231022971.262.61$1,310
Nov 2023423377.892.81$966
Oct 20231021085.443.09$1,503
Sep 2023024889.042.74$678
Aug 2023126780.522.67$794
Jul 2023024274.852.64$639
Jun 2023023968.962.26$540
May 2023024170.622.23$537
Apr 2023022378.122.24$499
Mar 2023023272.852.39$555
Feb 2023024575.112.47$604
Jan 2023021876.533.39$739
Dec 2022022976.415.73$1,312
Nov 2022027185.005.65$1,530
Oct 2022023787.185.86$1,390
Sep 2022022484.888.16$1,829
Aug 2022024294.529.13$2,209
Jul 20220292101.587.54$2,202
Jun 20220279115.097.98$2,226
May 20220294109.378.43$2,479
Apr 20220298104.226.84$2,038
Mar 20220295108.885.08$1,498
Feb 2022020391.054.86$986
Jan 2022042481.844.54$1,924
Dec 2021030971.323.90$1,205
Nov 2021031477.435.24$1,644
Oct 2021027679.795.71$1,577
Sep 2021024269.865.35$1,295
Aug 2021036466.024.22$1,536
Jul 2021029570.783.98$1,175
Jun 2021031169.493.38$1,051
May 2021032163.483.02$969
Apr 20210060.362.76$0
Mar 2021032861.302.72$891
Feb 2021028657.805.55$1,587
Jan 2021029850.412.81$837
Dec 2020032244.642.68$862
Nov 2020037938.772.71$1,026
Oct 2020032836.972.48$813
Sep 2020032637.091.99$649
Aug 2020033739.982.39$804
Jul 2020030138.371.83$549
Jun 2020044434.901.69$751
May 2020016016.921.81$290
Apr 202005814.751.80$105
Mar 202002930.341.86$54
Feb 2020031149.881.98$616
Jan 2020031857.252.09$666
Dec 2019036859.012.30$848
Nov 2019038055.302.75$1,045
Oct 2019035353.472.42$854
Sep 2019042455.052.66$1,127
Aug 2019020053.112.30$461
Jul 20190056.272.46$0
Jun 2019029552.782.49$735
May 2019031458.482.74$860
Apr 201904062.632.75$110
Mar 2019033656.803.06$1,029
Feb 2019025550.852.79$712
Jan 2019033846.033.23$1,091
Dec 2018032146.594.19$1,344
Nov 2018035752.934.24$1,513
Oct 2018031361.443.40$1,064
Sep 2018031359.543.11$973
Aug 2018033259.403.07$1,018
Jul 2018033565.142.93$982
Jun 2018032460.183.08$997
May 2018032465.382.90$940
Apr 2018031763.842.90$920
Mar 2018026761.222.79$744
Feb 2018035561.782.77$982
Jan 2018034562.874.01$1,383
Dec 2017027557.272.92$803
Nov 2017026655.423.12$829
Oct 2017035849.292.98$1,068
Sep 2017033347.523.09$1,028
Aug 2017034445.373.00$1,034
Jul 2017035043.873.09$1,081
Jun 2017033342.493.09$1,028
May 2017035045.373.26$1,142
Apr 2017033647.933.21$1,079
Mar 2017034346.772.98$1,023
Feb 2017027450.452.95$809
Jan 2017030949.413.42$1,056
Dec 2016033448.763.72$1,243
Nov 2016016542.492.64$436
Oct 2016014746.193.09$454
Sep 2016021941.553.10$679
Aug 2016021841.442.92$638
Jul 2016030941.622.92$904
Jun 2016028845.352.69$774
May 2016034842.521.99$693
Apr 2016032936.561.99$655
Mar 2016038433.011.79$689
Feb 2016024226.472.06$499
Jan 2016027027.352.36$638
Dec 2015033332.362.00$666
Nov 2015731038.792.17$943
Oct 2015038043.552.43$922
Sep 2015035842.992.76$988
Aug 2015035840.162.87$1,028
Jul 2015031748.152.95$934
Jun 2015023456.152.88$675
May 20151232755.212.96$1,629
Apr 2015031149.822.71$842
Mar 20151337642.892.93$1,661
Feb 20151340044.662.98$1,771
Jan 20151539843.433.10$1,886
Dec 2014032754.693.59$1,174
Nov 20142639470.464.25$3,507
Oct 2014030578.303.90$1,190
Sep 20144128286.164.05$4,673
Aug 2014030889.394.04$1,243
Jul 2014037996.564.18$1,584
Jun 20149237898.164.74$10,821
May 2014039494.734.73$1,862
Apr 2014039795.944.81$1,909
Mar 20149339395.895.06$10,905
Feb 2014022597.406.19$1,393
Jan 20149525490.404.86$9,823
Dec 20136527991.824.35$7,183
Nov 2013028888.853.74$1,077
Oct 2013034597.423.78$1,304
Sep 20130320104.113.72$1,190
Aug 20130366104.253.52$1,289
Jul 20130412102.523.72$1,532
Jun 2013036494.403.93$1,432
May 2013036294.834.15$1,502
Apr 20131956993.964.28$4,222
Mar 2013064593.623.91$2,524
Feb 2013055191.233.42$1,884
Jan 2013043791.603.42$1,495
Dec 2012043886.773.42$1,498
Nov 2012040386.953.62$1,461
Oct 2012040889.383.40$1,387
Sep 2012038894.672.92$1,132
Aug 2012044392.662.91$1,288
Jul 2012044085.133.02$1,329
Jun 2012041379.822.52$1,040
May 2012045691.612.49$1,135
Apr 20120498101.652.00$994
Mar 201226468105.052.22$3,771
Feb 20120431101.102.57$1,108
Jan 2012060998.092.73$1,665
Dec 2011063096.873.24$2,041
Nov 2011084095.723.31$2,781
Oct 2011046184.983.65$1,682
Sep 2011045083.623.99$1,794
Aug 2011047083.404.15$1,950
Jul 2011033794.144.52$1,522
Jun 2011048892.904.64$2,264
May 2011031698.134.40$1,392
Apr 20110445105.964.33$1,928
Mar 2011049196.364.06$1,992
Feb 2011042285.644.18$1,764
Jan 2011043386.504.59$1,987
Dec 2010047085.734.35$2,043
Nov 2010044580.843.80$1,689
Oct 2010051278.103.51$1,797
Sep 2010055172.633.98$2,193
Aug 2010056473.684.42$2,493
Jul 2010053572.554.74$2,534
Jun 2010049970.364.91$2,450
May 2010048371.124.24$2,046
Apr 2010043381.694.12$1,785
Mar 2010043778.394.39$1,918
Feb 2010060473.585.44$3,287
Jan 2010084474.365.96$5,034
Dec 2009046571.445.48$2,550
Nov 2009044474.593.75$1,666
Oct 2009046372.544.11$1,903
Sep 2009045365.543.06$1,388
Aug 2009049267.423.22$1,584
Jul 2009049161.133.46$1,701
Jun 2009049066.163.90$1,909
May 2009046354.743.93$1,818
Apr 2009048546.773.59$1,740
Mar 2009049242.144.06$1,997
Feb 2009043032.814.63$1,992
Jan 2009048035.865.37$2,578
Dec 2008049337.105.98$2,947
Nov 2008050255.496.86$3,444
Oct 2008049675.246.92$3,433
Sep 20080560101.767.88$4,411
Aug 20080559114.228.48$4,742
Jul 20080571131.0811.39$6,503
Jun 20080538131.3313.03$7,012
May 20080558123.1711.57$6,458
Apr 20080550110.3110.45$5,750
Mar 20080547101.909.66$5,286
Feb 2008053492.538.77$4,683
Jan 2008052490.388.21$4,300
Dec 2007053888.337.30$3,928
Nov 2007049091.677.29$3,573
Oct 2007054482.856.92$3,766
Sep 2007051175.846.24$3,191
Aug 2007057469.066.39$3,667
Jul 2007056470.906.39$3,603
Jun 2007052562.007.55$3,963
May 2007052158.747.85$4,088
Apr 2007050259.617.81$3,918
Mar 2007050856.927.30$3,709
Feb 2007051555.108.22$4,231
Jan 2007055650.306.73$3,740
Dec 2006055556.656.92$3,840
Nov 2006053054.207.62$4,037
Oct 2006056654.906.01$3,404
Sep 2006058260.085.04$2,932
Aug 2006060168.717.34$4,411
Jul 2006063569.376.34$4,028
Jun 2006061166.286.38$3,901
May 2006064866.016.42$4,163
Apr 2006061264.397.36$4,505
Mar 2006063956.707.08$4,526
Feb 2006053657.597.75$4,155
Jan 2006062060.598.93$5,539
Dec 2005057754.9413.42$7,741
Nov 2005057754.6910.59$6,110
Oct 2005055458.3413.80$7,643
Sep 2005059661.4512.08$7,199
Aug 2005060061.519.80$5,878
Jul 2005064355.697.84$5,043
Jun 2005060352.337.38$4,451
May 2005062045.226.65$4,124
Apr 2005056049.207.36$4,122
Mar 2005057050.377.15$4,078
Feb 2005048745.226.31$3,074
Jan 2005056743.166.32$3,585
Dec 2004052639.866.75$3,551
Nov 2004054745.286.33$3,463
Oct 2004062849.706.52$4,091
Sep 2004062743.245.28$3,313
Aug 2004064842.375.55$3,597
Jul 2004071038.286.08$4,320
Jun 2004066136.106.43$4,252
May 2004071937.486.49$4,670
Apr 2004069734.475.86$4,083
Mar 2004084034.365.53$4,645
Feb 20040032.455.51$0
Jan 2004072132.036.30$4,542
Dec 2003046830.266.30$2,949
Nov 2003037928.804.60$1,742
Oct 2003063028.174.76$2,999
Sep 2003073826.314.75$3,505
Aug 2003081329.765.13$4,170
Jul 2003087729.415.17$4,535
Jun 2003086928.565.98$5,199
May 2003087426.595.97$5,220
Apr 2003066026.675.41$3,569
Mar 2003079831.146.10$4,865
Feb 2003079833.487.93$6,325
Jan 2003071630.315.58$3,997
Dec 2002070826.914.85$3,436
Nov 2002073124.664.14$3,024
Oct 2002068026.464.23$2,876
Sep 2002051727.443.64$1,879
Aug 2002078625.963.16$2,487
Jul 2002089924.583.06$2,753
Jun 2002094223.733.34$3,145
May 200201,00424.663.58$3,598
Apr 200201,03823.653.51$3,646
Mar 2002072222.003.10$2,240
Feb 2002061718.222.38$1,466
Jan 2002065517.172.38$1,556
Dec 200105416.932.36$128
Nov 2001083918.072.41$2,018
Oct 2001086019.782.53$2,175
Sep 2001093024.262.25$2,094
Aug 2001096624.873.05$2,949
Jul 200101,01423.933.20$3,242
Jun 2001086824.563.82$3,319
May 200101,01325.524.31$4,363
Apr 200101,14724.685.34$6,120
Mar 2001050024.545.38$2,688
Feb 2001069527.755.77$4,008
Jan 2001088027.478.40$7,391
Dec 2000093126.889.12$8,493
Nov 2000076532.215.66$4,328
Oct 2000084031.235.15$4,322
Sep 2000081331.875.19$4,217
Aug 2000086229.644.54$3,914
Jul 2000097828.534.09$4,000
Jun 200001,04729.304.40$4,604
May 2000095627.263.68$3,518
Apr 2000095924.513.12$2,988
Mar 200001,00628.422.86$2,877
Feb 2000091127.622.73$2,484
Jan 200001,04125.272.48$2,582
Dec 199901,02924.282.42$2,494
Nov 199901,05123.192.43$2,558
Oct 199901,28620.982.80$3,606
Sep 199901,07721.752.62$2,821
Aug 199901,06919.262.88$3,074
Jul 199901,04717.892.37$2,484
Jun 1999099915.942.36$2,360
May 199901,12015.792.32$2,600
Apr 199901,03415.102.21$2,283
Mar 199901,22912.471.84$2,259
Feb 199909199.981.82$1,671
Jan 199901,09810.381.90$2,086
Dec 199801,0559.201.77$1,871
Nov 199801,25910.892.19$2,752
Oct 199801,35412.421.97$2,666
Sep 199801,28112.592.08$2,668
Aug 199801,19611.301.91$2,281
Jul 199801,29511.742.24$2,897
Jun 199801,31511.242.24$2,942
May 199801,32412.622.21$2,921
Apr 199801,17613.042.51$2,946
Mar 199801,26812.802.31$2,928
Feb 199801,14713.952.30$2,637
Jan 199801,20114.702.15$2,588
Dec 199701,28516.322.41$3,098
Nov 199701,15918.193.09$3,579
Oct 199701,26419.253.15$3,981
Sep 199701,26217.742.95$3,729
Aug 199701,44717.862.55$3,697
Jul 199701,98317.582.25$4,456
Jun 199702,08617.242.26$4,709
May 199701,72018.972.31$3,971
Apr 199702,03217.882.08$4,232
Mar 199702,00418.951.94$3,886
Feb 199701,97320.492.21$4,352
Jan 199702,19123.483.54$7,755
Dec 199602,17623.32$0
Nov 199602,03521.97$0
Oct 199601,91423.31$0
Sep 199602,44122.22$0
Aug 199601,77120.26$0
Jul 199602,09719.55$0
Jun 1996087518.73$0
May 199601,31919.43$0
Apr 199601,51521.51$0
Mar 199601,43019.38$0
Feb 199601,31816.98$0
Jan 199601,08317.07$0
Dec 19951911,44917.19$3,283
Nov 199501,62316.00$0
Oct 199501,42515.43$0
Sep 199501,52416.18$0
Aug 199501,77215.92$0
Jul 199501,67715.24$0
Jun 199501,55116.41$0
May 199501,90917.56$0
Apr 199502,60517.73$0
Mar 199501,59716.44$0
Feb 19951851,94016.58$3,067
Jan 199502,71715.92$0
Dec 199403,33715.03$0
Nov 199402,25315.90$0
Oct 19941872,98615.58$2,913
Sep 199401,85115.29$0
Aug 199401,84816.13$0
Jul 199422,02217.56$35
Jun 199401,64517.09$0
May 199401,75515.88$0
Apr 199401,38414.14$0
Mar 199402,06512.46$0
Feb 199402,51912.50$0
Jan 199402,77612.66$0
Dec 199302,55412.33$0
Nov 199301,85514.49$0
Oct 199304,95815.85$0
Sep 199303,96515.03$0
Aug 199303,03815.66$0
Jul 199302,34615.46$0
Jun 199302,01916.79$0
May 199303,04517.68$0
Apr 199302,13118.05$0
Mar 1993831,88018.14$1,506
Feb 199301,58017.90$0
Jan 1993026816.93$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/54927 is the state's own key, not one this site invented.