PEARCE
PEARCE is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Chesapeake Operating, L.L.C. It has 2 wellbores on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 580,209 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 $148K, with roughly $44K expected over the next twelve months.
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Giddings (Eagleford) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 27635 |
| Wellbores | 2 |
| Reported production | 580,209 bbl |
| First reported | August 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $148K |
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.