PIERCE, V. I. "2"

Operated by ANADARKO E&P COMPANY LP (P-5 20542) 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 65377District 7CField 67995200GasSaveExport
Value, all time
$379 k
Jan 1993 – May 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
no gaps in the span
Streams
1
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
GasProduction134,846 Mcf$378,500
Total$378,500

51,167 Mcf of this lease's gas, across 47 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 30.4680, -101.3585. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46801, -101.35852 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,680 ft
1 wells filed one
Completion to plug
36.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 6,680 ft.

Completions filed
Feb 1976
1 of 1 wells
Plug dates filed
May 2012
1 of 1 wells

Last completion to plug: a median of 36.3 years across the 1 well that filed both dates, with the middle half between 36.3 years and 36.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1053073016,680 ftFeb 1976May 2012Yes

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 (233)

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

233 months

May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009146.773.59$4
Mar 2009942.144.06$37
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008137.105.98$6
Nov 2008055.496.86$0
Oct 2008275.246.92$14
Sep 200863101.767.88$496
Aug 2008234114.228.48$1,985
Jul 2008335131.0811.39$3,815
Jun 2008293131.3313.03$3,819
May 2008334123.1711.57$3,866
Apr 2008353110.3110.45$3,691
Mar 2008402101.909.66$3,885
Feb 200838692.538.77$3,385
Jan 200844890.388.21$3,676
Dec 200754888.337.30$4,001
Nov 200745391.677.29$3,303
Oct 200747482.856.92$3,281
Sep 200745775.846.24$2,854
Aug 200742169.066.39$2,689
Jul 200727270.906.39$1,738
Jun 20077662.007.55$574
May 200723158.747.85$1,812
Apr 200724159.617.81$1,881
Mar 200718856.927.30$1,373
Feb 200726355.108.22$2,161
Jan 200718450.306.73$1,238
Dec 200616556.656.92$1,142
Nov 200611154.207.62$846
Oct 200621254.906.01$1,275
Sep 200611660.085.04$584
Aug 200632068.717.34$2,349
Jul 200634069.376.34$2,157
Jun 200631066.286.38$1,979
May 200635466.016.42$2,274
Apr 200625664.397.36$1,884
Mar 200624356.707.08$1,721
Feb 200616257.597.75$1,256
Jan 200635860.598.93$3,198
Dec 200529754.9413.42$3,984
Nov 200528754.6910.59$3,039
Oct 200546458.3413.80$6,401
Sep 200543161.4512.08$5,206
Aug 200541961.519.80$4,105
Jul 200541855.697.84$3,279
Jun 200539352.337.38$2,901
May 200528045.226.65$1,862
Apr 200545249.207.36$3,327
Mar 200554550.377.15$3,899
Feb 200554045.226.31$3,408
Jan 200554543.166.32$3,446
Dec 200468339.866.75$4,611
Nov 200475945.286.33$4,805
Oct 200487649.706.52$5,707
Sep 200464443.245.28$3,403
Aug 200444342.375.55$2,459
Jul 200443038.286.08$2,616
Jun 200451736.106.43$3,326
May 200448937.486.49$3,176
Apr 200449334.475.86$2,888
Mar 200470134.365.53$3,877
Feb 200463532.455.51$3,499
Jan 200473932.036.30$4,655
Dec 200364630.266.30$4,071
Nov 200355628.804.60$2,555
Oct 200357728.174.76$2,746
Sep 200380126.314.75$3,804
Aug 200377929.765.13$3,996
Jul 200368629.415.17$3,547
Jun 200365028.565.98$3,889
May 200367126.595.97$4,008
Apr 200363426.675.41$3,428
Mar 200362131.146.10$3,786
Feb 200380333.487.93$6,364
Jan 200375230.315.58$4,198
Dec 200280026.914.85$3,883
Nov 20021,01624.664.14$4,203
Oct 20021,17326.464.23$4,961
Sep 20021,26027.443.64$4,580
Aug 20021,51925.963.16$4,806
Jul 20021,25224.583.06$3,833
Jun 200251423.733.34$1,716
May 200226324.663.58$943
Apr 200215323.653.51$537
Mar 20029622.003.10$298
Feb 20027718.222.38$183
Jan 200221017.172.38$499
Dec 200123016.932.36$544
Nov 200128118.072.41$676
Oct 200143719.782.53$1,105
Sep 200133724.262.25$759
Aug 200137324.873.05$1,139
Jul 200134423.933.20$1,100
Jun 200148824.563.82$1,866
May 200172025.524.31$3,101
Apr 200166324.685.34$3,537
Mar 200158324.545.38$3,134
Feb 200172727.755.77$4,193
Jan 200175527.478.40$6,341
Dec 200059626.889.12$5,437
Nov 200080332.215.66$4,543
Oct 200057331.235.15$2,948
Sep 200051131.875.19$2,650
Aug 200070829.644.54$3,215
Jul 200068228.534.09$2,789
Jun 200066329.304.40$2,915
May 200066927.263.68$2,462
Apr 200064224.513.12$2,000
Mar 200080028.422.86$2,288
Feb 200050627.622.73$1,380
Jan 200077725.272.48$1,927
Dec 199995924.282.42$2,324
Nov 199988023.192.43$2,142
Oct 199926220.982.80$735
Sep 199951121.752.62$1,338
Aug 199974819.262.88$2,151
Jul 199984017.892.37$1,993
Jun 199992615.942.36$2,187
May 199993015.792.32$2,159
Apr 199994815.102.21$2,093
Mar 199965612.471.84$1,206
Feb 19997189.981.82$1,305
Jan 199993610.381.90$1,778
Dec 19987929.201.77$1,404
Nov 199884210.892.19$1,840
Oct 19981,04212.421.97$2,052
Sep 19981,01712.592.08$2,118
Aug 19981,14211.301.91$2,178
Jul 19981,19511.742.24$2,674
Jun 19988911.242.24$199
May 199823712.622.21$523
Apr 199842713.042.51$1,070
Mar 19981,07712.802.31$2,487
Feb 19981,08613.952.30$2,497
Jan 199873614.702.15$1,586
Dec 199759416.322.41$1,432
Nov 199777318.193.09$2,387
Oct 19971,06219.253.15$3,345
Sep 19971,16717.742.95$3,448
Aug 19971,35917.862.55$3,472
Jul 19971,24117.582.25$2,788
Jun 19971,00517.242.26$2,268
May 199761918.972.31$1,429
Apr 199771017.882.08$1,479
Mar 19971,05918.951.94$2,054
Feb 19971,44820.492.21$3,194
Jan 19971,17323.483.54$4,152
Dec 19961,14323.32$0
Nov 19961,22021.97$0
Oct 19961,24723.31$0
Sep 199681222.22$0
Aug 19961,12820.26$0
Jul 19961,02219.55$0
Jun 19961,15518.73$0
May 19961,20419.43$0
Apr 19961,35321.51$0
Mar 19961,26619.38$0
Feb 19961,26416.98$0
Jan 19961,06717.07$0
Dec 199570817.19$0
Nov 19951,02516.00$0
Oct 19951,08015.43$0
Sep 19951,12316.18$0
Aug 19951,35215.92$0
Jul 19951,19515.24$0
Jun 19951,00716.41$0
May 19951,14817.56$0
Apr 199594017.73$0
Mar 19951,03916.44$0
Feb 199593116.58$0
Jan 19951,04315.92$0
Dec 19941,16715.03$0
Nov 19941,08315.90$0
Oct 19941,19415.58$0
Sep 19941,17815.29$0
Aug 19941,26016.13$0
Jul 19941,20117.56$0
Jun 19941,31517.09$0
May 19941,29715.88$0
Apr 19941,27314.14$0
Mar 19941,25412.46$0
Feb 19941,26912.50$0
Jan 19941,34312.66$0
Dec 19931,36512.33$0
Nov 1993014.49$0
Oct 199362515.85$0
Sep 199386015.03$0
Aug 1993515.66$0
Jul 19934615.46$0
Jun 19931,10916.79$0
May 19931,15417.68$0
Apr 19931,25518.05$0
Mar 19931,29518.14$0
Feb 19931,03417.90$0
Jan 19931,11316.93$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.

Apr 2009 — as filed, then multipliedworked
Gas                    1 Mcf  × $  3.59 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/65377 is the state's own key, not one this site invented.