PIERCE, TOMMIE
PIERCE, TOMMIE is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Heart Land Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 59,403 barrels. 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 $96K, with roughly $17K 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 18 barrels a month. Its strongest month on the record we hold was June 2018, at 154 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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, TOMMIE
- Who operates PIERCE, TOMMIE?
- PIERCE, TOMMIE is operated by Heart Land Petroleum Corporation, Railroad Commission of Texas operator number 370452.
- Where is PIERCE, TOMMIE?
- PIERCE, TOMMIE is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 26379.
- Is PIERCE, TOMMIE still producing?
- PIERCE, TOMMIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIERCE, TOMMIE is August 2026.
- How much has PIERCE, TOMMIE produced?
- PIERCE, TOMMIE has reported 59,403 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PIERCE, TOMMIE worth?
- The remaining production from PIERCE, TOMMIE is estimated to be worth about $96K in total as of 26 August 2026, within a range of $53K to $139K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIERCE, TOMMIE is a fraction of it. The estimate fits an Arps decline curve to the production PIERCE, TOMMIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIERCE, TOMMIE is an estimate of value, not an offer and not an appraisal.
- How much income does PIERCE, TOMMIE generate in a year?
- PIERCE, TOMMIE is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PIERCE, TOMMIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Heart Land Petroleum Corporation |
|---|---|
| Field | Maryneal (Canyon) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 26379 |
| Wellbores | 1 |
| Reported production | 59,403 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $96K |
Where PIERCE, TOMMIE 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.