PIERSON, WILLIAM ESTATE

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

Oil lease lease 68865District 8AField 79002100Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.5 M
Nov 2005 – Aug 2011
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
70
no gaps in the span
Streams
2
oil, casinghead 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 26 leases and 801 wells, and the rule below applies to all of them.

Discovered
2005-10-25
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2005-10-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 95% ACRES & 5% WELL.

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
OilDisposition20,228 bbl$1,380,258
Casinghead gasProduction13,594 Mcf$100,425
Total$1,480,682

Wells on this lease (5)

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 32.8596, -102.9114. 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

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
80.0%
4 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
11,045 ft
5 wells filed one
Completion to plug
4.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
480.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
120.0%

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

Between 10,873 and 11,105 ft, median 11,045 ft, over the 5 wells that filed a depth.

Completions filed
Aug 2009 – May 2018
5 of 5 wells
Plug dates filed
Jul 2014
1 of 5 wells; 4 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.

5 wells

42-165024741311,105 ftMay 2018
42-165024761511,066 ftMay 2014Yes
42-165024711010,873 ftFeb 2012Yes
42-165024751411,010 ftFeb 2010Jul 2014Yes
42-165024721111,045 ftAug 2009Yes

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 (70)

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

70 months

Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20103178.103.51$238
Sep 2010211072.633.98$1,565
Aug 20101158873.684.42$8,862
Jul 2010876472.554.74$6,615
Jun 2010844670.364.91$6,136
May 2010936171.124.24$6,873
Apr 20101096881.694.12$9,185
Mar 2010895478.394.39$7,214
Feb 20101568373.585.44$11,930
Jan 20101426774.365.96$10,959
Dec 200920611871.445.48$15,364
Nov 200918111874.593.75$13,943
Oct 200917512972.544.11$13,225
Sep 20091119065.543.06$7,551
Aug 200914210367.423.22$9,905
Jul 200915711461.133.46$9,992
Jun 20091166866.163.90$7,939
May 2009936254.743.93$5,334
Apr 2009464246.773.59$2,302
Mar 2009633642.144.06$2,801
Feb 2009854532.814.63$2,997
Jan 2009109735.865.37$3,946
Dec 2008945037.105.98$3,786
Nov 2008785855.496.86$4,726
Oct 2008948575.246.92$7,661
Sep 2008165137101.767.88$17,870
Aug 2008173118114.228.48$20,761
Jul 2008164107131.0811.39$22,716
Jun 2008278416131.3313.03$41,931
May 2008266162123.1711.57$34,638
Apr 2008234205110.3110.45$27,956
Mar 2008254212101.909.66$27,931
Feb 200828520592.538.77$28,169
Jan 200831226190.388.21$30,340
Dec 200734424788.337.30$32,189
Nov 200729920091.677.29$28,868
Oct 200764044582.856.92$56,104
Sep 200748428975.846.24$38,511
Aug 200768654569.066.39$50,857
Jul 200765956270.906.39$50,313
Jun 200763055062.007.55$43,212
May 200778465358.747.85$51,176
Apr 200764652059.617.81$42,567
Mar 200757339456.927.30$35,492
Feb 200758737355.108.22$35,408
Jan 200768830050.306.73$36,624
Dec 200662526556.656.92$37,240
Nov 200669927854.207.62$40,003
Oct 200678040054.906.01$45,228
Sep 200674944660.085.04$47,247
Aug 200676540968.717.34$55,565
Jul 200655733669.376.34$40,770
Jun 200645128366.286.38$31,699
May 200650634066.016.42$35,586
Apr 200657541164.397.36$40,049
Mar 200668446156.707.08$42,048
Feb 200662344157.597.75$39,297
Jan 200661839260.598.93$40,946
Dec 200534925854.9413.42$22,635
Nov 200544730654.6910.59$27,686

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 2010 — as filed, then multipliedworked
Oil                    3 bbl  × $ 78.10 =       $234
Casinghead gas         1 Mcf  × $  3.51 =         $4

────────────────────────────────────────────────────
Month total                                     $238

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/68865 is the state's own key, not one this site invented.