PIERSON, WILLIAM ESTATE

Name: PIERSON, WILLIAM ESTATE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) in the RUSSELL, NORTH (6600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19223District 8AField 79004750OilCasinghead gasSave

Value, all time

$3.8 M

Jan 1993 – Apr 2006

Value, last 12 filed months

$147 k

at the published price for each month

Months reported

160

no gaps in the span

Streams

oil, casinghead gas

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.

Stream	Basis	Volume	Value
Oil	Disposition	188,463 bbl	$3,611,641
Casinghead gas	Production	96,582 Mcf	$186,422
Total			$3,798,063

47,499 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 (10)

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 32.8598, -102.9111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.85984, -102.90965 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

10 of 10 wells

With a plug date

10.0%

1 of 10 wells

Median depth

9,537 ft

10 wells filed one

Completion to plug

4.4 years

median over 1 wells

What the state filed about each well

On the RRC proration schedule

10100.0%

A plug date is filed

110.0%

BothOn the schedule and plugged. Neither fact cancels the other.

110.0%

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

10k

12k

15k

20k+

Total depth in feet, 10 of 10 wells. Median 9,537 ft, with the middle half between 7,720 and 11,036 ft; the shallowest is 6,850 ft and the deepest 11,105 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

00s

10s

Last completion by decade, 10 of 10 wells, Aug 2009 – Aug 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Aug 2009 – Aug 2018

10 of 10 wells

Plug dates filed

Jul 2014

1 of 10 wells; 9 filed none

Last completion to plug: a median of 4.4 years across the 1 well that filed both dates, with the middle half between 4.4 years and 4.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells


42-16510623	4AU	7,703 ft	Aug 2018	—	Yes
42-16502474	13	11,105 ft	May 2018	—	Yes
42-16510299	17 U	8,200 ft	Oct 2017	—	Yes
42-16502476	15	11,066 ft	May 2014	—	Yes
42-16534658	20	6,858 ft	Jul 2013	—	Yes
42-16502471	10	10,873 ft	Feb 2012	—	Yes
42-16534657	19	6,850 ft	Oct 2010	—	Yes
42-16502475	14	11,010 ft	Feb 2010	Jul 2014	Yes
42-16502472	11	11,045 ft	Aug 2009	—	Yes
42-16502463	2 U	7,771 ft	Aug 2009	—	Yes

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 (160)

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

160 months


Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	474	300	58.34	13.80	$31,792
Sep 2005	420	274	61.45	12.08	$29,119
Aug 2005	354	231	61.51	9.80	$24,038
Jul 2005	398	249	55.69	7.84	$24,118
Jun 2005	386	240	52.33	7.38	$21,971
May 2005	315	205	45.22	6.65	$15,608
Apr 2005	307	197	49.20	7.36	$16,554
Mar 2005	311	216	50.37	7.15	$17,211
Feb 2005	347	268	45.22	6.31	$17,383
Jan 2005	443	311	43.16	6.32	$21,086
Dec 2004	492	379	39.86	6.75	$22,170
Nov 2004	482	310	45.28	6.33	$23,787
Oct 2004	359	247	49.70	6.52	$19,452
Sep 2004	394	240	43.24	5.28	$18,305
Aug 2004	390	273	42.37	5.55	$18,040
Jul 2004	399	350	38.28	6.08	$17,403
Jun 2004	403	339	36.10	6.43	$16,729
May 2004	395	381	37.48	6.49	$17,279
Apr 2004	424	370	34.47	5.86	$16,783
Mar 2004	437	450	34.36	5.53	$17,504
Feb 2004	509	340	32.45	5.51	$18,390
Jan 2004	547	386	32.03	6.30	$19,952
Dec 2003	464	385	30.26	6.30	$16,467
Nov 2003	451	273	28.80	4.60	$14,243
Oct 2003	469	285	28.17	4.76	$14,568
Sep 2003	432	287	26.31	4.75	$12,729
Aug 2003	485	342	29.76	5.13	$16,188
Jul 2003	501	396	29.41	5.17	$16,782
Jun 2003	461	317	28.56	5.98	$15,063
May 2003	457	340	26.59	5.97	$14,182
Apr 2003	506	332	26.67	5.41	$15,290
Mar 2003	523	425	31.14	6.10	$18,877
Feb 2003	578	467	33.48	7.93	$23,053
Jan 2003	580	412	30.31	5.58	$19,880
Dec 2002	607	419	26.91	4.85	$18,368
Nov 2002	602	372	24.66	4.14	$16,384
Oct 2002	622	380	26.46	4.23	$18,065
Sep 2002	608	401	27.44	3.64	$18,141
Aug 2002	618	420	25.96	3.16	$17,372
Jul 2002	621	409	24.58	3.06	$16,516
Jun 2002	598	373	23.73	3.34	$15,436
May 2002	641	386	24.66	3.58	$17,190
Apr 2002	726	390	23.65	3.51	$18,540
Mar 2002	684	405	22.00	3.10	$16,305
Feb 2002	623	324	18.22	2.38	$12,121
Jan 2002	725	368	17.17	2.38	$13,323
Dec 2001	706	341	16.93	2.36	$12,759
Nov 2001	638	321	18.07	2.41	$12,301
Oct 2001	663	343	19.78	2.53	$13,982
Sep 2001	612	389	24.26	2.25	$15,723
Aug 2001	577	497	24.87	3.05	$15,867
Jul 2001	693	525	23.93	3.20	$18,262
Jun 2001	616	490	24.56	3.82	$17,003
May 2001	732	518	25.52	4.31	$20,912
Apr 2001	633	437	24.68	5.34	$17,954
Mar 2001	731	461	24.54	5.38	$20,417
Feb 2001	623	326	27.75	5.77	$19,168
Jan 2001	776	449	27.47	8.40	$25,088
Dec 2000	735	461	26.88	9.12	$23,962
Nov 2000	669	394	32.21	5.66	$23,778
Oct 2000	671	427	31.23	5.15	$23,152
Sep 2000	639	441	31.87	5.19	$22,652
Aug 2000	710	542	29.64	4.54	$23,505
Jul 2000	734	555	28.53	4.09	$23,211
Jun 2000	699	458	29.30	4.40	$22,495
May 2000	651	433	27.26	3.68	$19,340
Apr 2000	648	430	24.51	3.12	$17,222
Mar 2000	651	443	28.42	2.86	$19,768
Feb 2000	655	390	27.62	2.73	$19,154
Jan 2000	702	399	25.27	2.48	$18,729
Dec 1999	667	421	24.28	2.42	$17,215
Nov 1999	732	445	23.19	2.43	$18,058
Oct 1999	695	467	20.98	2.80	$15,890
Sep 1999	684	505	21.75	2.62	$16,200
Aug 1999	749	571	19.26	2.88	$16,068
Jul 1999	729	582	17.89	2.37	$14,423
Jun 1999	793	603	15.94	2.36	$14,065
May 1999	723	645	15.79	2.32	$12,913
Apr 1999	710	536	15.10	2.21	$11,905
Mar 1999	726	562	12.47	1.84	$10,086
Feb 1999	674	468	9.98	1.82	$7,577
Jan 1999	785	538	10.38	1.90	$9,170
Dec 1998	760	543	9.20	1.77	$7,955
Nov 1998	737	568	10.89	2.19	$9,267
Oct 1998	814	631	12.42	1.97	$11,352
Sep 1998	764	624	12.59	2.08	$10,918
Aug 1998	763	618	11.30	1.91	$9,801
Jul 1998	814	683	11.74	2.24	$11,084
Jun 1998	810	639	11.24	2.24	$10,534
May 1998	793	658	12.62	2.21	$11,459
Apr 1998	829	585	13.04	2.51	$12,276
Mar 1998	851	724	12.80	2.31	$12,565
Feb 1998	960	641	13.95	2.30	$14,866
Jan 1998	1,194	905	14.70	2.15	$19,502
Dec 1997	1,083	637	16.32	2.41	$19,210
Nov 1997	1,044	767	18.19	3.09	$21,359
Oct 1997	1,019	747	19.25	3.15	$21,969
Sep 1997	922	735	17.74	2.95	$18,528
Aug 1997	1,139	802	17.86	2.55	$22,391
Jul 1997	1,119	864	17.58	2.25	$21,613
Jun 1997	1,171	805	17.24	2.26	$22,005
May 1997	1,094	795	18.97	2.31	$22,588
Apr 1997	1,133	735	17.88	2.08	$21,789
Mar 1997	1,393	763	18.95	1.94	$27,877
Feb 1997	1,257	604	20.49	2.21	$27,088
Jan 1997	1,132	733	23.48	3.54	$29,174
Dec 1996	1,434	946	23.32	—	$33,441
Nov 1996	1,332	954	21.97	—	$29,264
Oct 1996	3,144	987	23.31	—	$73,287
Sep 1996	1,491	932	22.22	—	$33,130
Aug 1996	1,586	1,060	20.26	—	$32,132
Jul 1996	1,506	840	19.55	—	$29,442
Jun 1996	1,599	1,112	18.73	—	$29,949
May 1996	1,579	1,025	19.43	—	$30,680
Apr 1996	1,605	1,179	21.51	—	$34,524
Mar 1996	1,587	808	19.38	—	$30,756
Feb 1996	1,705	774	16.98	—	$28,951
Jan 1996	1,869	933	17.07	—	$31,904
Dec 1995	1,901	790	17.19	—	$32,678
Nov 1995	1,986	969	16.00	—	$31,776
Oct 1995	2,004	980	15.43	—	$30,922
Sep 1995	2,014	1,033	16.18	—	$32,587
Aug 1995	2,073	829	15.92	—	$33,002
Jul 1995	2,202	996	15.24	—	$33,558
Jun 1995	2,168	746	16.41	—	$35,577
May 1995	2,359	940	17.56	—	$41,424
Apr 1995	2,679	1,176	17.73	—	$47,499
Mar 1995	2,593	1,046	16.44	—	$42,629
Feb 1995	2,551	1,102	16.58	—	$42,296
Jan 1995	2,686	1,002	15.92	—	$42,761
Dec 1994	4,552	1,605	15.03	—	$68,417
Nov 1994	4,190	1,781	15.90	—	$66,621
Oct 1994	4,243	2,076	15.58	—	$66,106
Sep 1994	5,067	2,274	15.29	—	$77,474
Aug 1994	3,326	1,709	16.13	—	$53,648
Jul 1994	4,350	2,057	17.56	—	$76,386
Jun 1994	4,111	2,198	17.09	—	$70,257
May 1994	4,708	2,623	15.88	—	$74,763
Apr 1994	4,726	2,051	14.14	—	$66,826
Mar 1994	5,002	2,425	12.46	—	$62,325
Feb 1994	5,220	1,608	12.50	—	$65,250
Jan 1994	3,653	112	12.66	—	$46,247
Dec 1993	3,869	80	12.33	—	$47,705
Nov 1993	4,227	633	14.49	—	$61,249
Oct 1993	803	35	15.85	—	$12,728
Sep 1993	715	84	15.03	—	$10,746
Aug 1993	870	86	15.66	—	$13,624
Jul 1993	910	122	15.46	—	$14,069
Jun 1993	757	78	16.79	—	$12,710
May 1993	875	76	17.68	—	$15,470
Apr 1993	383	1	18.05	—	$6,913
Mar 1993	1,070	194	18.14	—	$19,410
Feb 1993	1,019	203	17.90	—	$18,240
Jan 1993	1,170	229	16.93	—	$19,808

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.

Oct 2005 — as filed, then multipliedworked

Oil                  474 bbl  × $ 58.34 =    $27,653
Casinghead gas       300 Mcf  × $ 13.80 =     $4,139

────────────────────────────────────────────────────
Month total                                  $31,792

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. 8A/O/19223 is the state's own key, not one this site invented.