PIERCY, H. A. SR.
PIERCY, H. A. SR. is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Jap Oil Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 57,446 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 $112K, with roughly $22K 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 44 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was August 2023, at 766 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 PIERCY, H. A. SR.
- Who operates PIERCY, H. A. SR.?
- PIERCY, H. A. SR. is operated by Jap Oil Corporation, Railroad Commission of Texas operator number 429890.
- Where is PIERCY, H. A. SR.?
- PIERCY, H. A. SR. is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 03681.
- Is PIERCY, H. A. SR. still producing?
- PIERCY, H. A. SR. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIERCY, H. A. SR. is August 2026.
- How much has PIERCY, H. A. SR. produced?
- PIERCY, H. A. SR. has reported 57,446 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PIERCY, H. A. SR. worth?
- The remaining production from PIERCY, H. A. SR. is estimated to be worth about $112K in total as of 27 August 2026, within a range of $62K to $163K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIERCY, H. A. SR. is a fraction of it. The estimate fits an Arps decline curve to the production PIERCY, H. A. SR. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIERCY, H. A. SR. is an estimate of value, not an offer and not an appraisal.
- How much income does PIERCY, H. A. SR. generate in a year?
- PIERCY, H. A. SR. is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIERCY, H. A. SR. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jap Oil Corporation |
|---|---|
| Field | Levelland |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 03681 |
| Wellbores | 2 |
| Reported production | 57,446 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $112K |
Where PIERCY, H. A. SR. 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.