PIERSON, WILLIAM ESTATE
PIERSON, WILLIAM ESTATE is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Cross Timbers Operating Company. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 811,226 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 $77K, with roughly $18K expected over the next twelve months.
| Operator | Cross Timbers Operating Company |
|---|---|
| Field | Russell (Glorieta 6100) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 05202 |
| Wellbores | 11 |
| Reported production | 811,226 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $77K |
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.