PIERCE ESTATES -A-

PIERCE ESTATES -A- is a Texas oil lease in Wharton County, Railroad Commission district 03, operated by Texaco E & P Inc. It has 22 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 844,608 barrels. 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 $89K, with roughly $20K expected over the next twelve months.

OperatorTexaco E & P Inc.
FieldPickett Ridge
CountyWharton County, Texas
RRC district03
Lease number03349
Wellbores22
Reported production844,608 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$89K

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.