PIERCE, WALTER GAS UNIT NO. 1
PIERCE, WALTER GAS UNIT NO. 1 is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Craton Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from June 2004 to August 2026, totalling 511,450 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $2K, with roughly $398 expected over the next twelve months.
| Operator | Craton Energy Corporation |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 203184 |
| Wellbores | 1 |
| Reported production | 511,450 mcf |
| First reported | June 2004 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.