PIERCE, PEGGY R. GAS UNIT
PIERCE, PEGGY R. GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 4,532,534 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 the whole lease — a 100% undivided interest — at about $1.1M, with roughly $176K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 6,949 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 29,647 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about PIERCE, PEGGY R. GAS UNIT
- Who operates PIERCE, PEGGY R. GAS UNIT?
- PIERCE, PEGGY R. GAS UNIT is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is PIERCE, PEGGY R. GAS UNIT?
- PIERCE, PEGGY R. GAS UNIT is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 259606.
- Is PIERCE, PEGGY R. GAS UNIT still producing?
- PIERCE, PEGGY R. GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIERCE, PEGGY R. GAS UNIT is August 2026.
- How much has PIERCE, PEGGY R. GAS UNIT produced?
- PIERCE, PEGGY R. GAS UNIT has reported 4,532,534 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2010 and August 2026, from 1 wellbore.
- How much is PIERCE, PEGGY R. GAS UNIT worth?
- The remaining production from PIERCE, PEGGY R. GAS UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $940K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIERCE, PEGGY R. GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PIERCE, PEGGY R. GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIERCE, PEGGY R. GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PIERCE, PEGGY R. GAS UNIT generate in a year?
- PIERCE, PEGGY R. GAS UNIT is forecast to net about $176K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PIERCE, PEGGY R. GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Woodlawn (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 259606 |
| Wellbores | 1 |
| Reported production | 4,532,534 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where PIERCE, PEGGY R. GAS UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.