PIERCE ESTATES
PIERCE ESTATES is a Texas oil lease in Wharton County, Railroad Commission district 03, operated by Texaco E & P Inc. It has 146 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,668,617 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 $266K, with roughly $71K expected over the next twelve months.
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Magnet Withers |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 06715 |
| Wellbores | 146 |
| Reported production | 4,668,617 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $266K |
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.