PIERCE, JOHN R.
PIERCE, JOHN R. is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Texlan Oil Company, Inc. It has 16 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,976 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 $89K, 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 20 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was December 2024, at 94 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, JOHN R.
- Who operates PIERCE, JOHN R.?
- PIERCE, JOHN R. is operated by Texlan Oil Company, Inc., Railroad Commission of Texas operator number 849740.
- Where is PIERCE, JOHN R.?
- PIERCE, JOHN R. is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 09936.
- Is PIERCE, JOHN R. still producing?
- PIERCE, JOHN R. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIERCE, JOHN R. is August 2026.
- How much has PIERCE, JOHN R. produced?
- PIERCE, JOHN R. has reported 30,976 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 16 wellbores.
- How much is PIERCE, JOHN R. worth?
- The remaining production from PIERCE, JOHN R. is estimated to be worth about $89K in total as of 26 August 2026, within a range of $49K to $129K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIERCE, JOHN R. is a fraction of it. The estimate fits an Arps decline curve to the production PIERCE, JOHN R. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIERCE, JOHN R. is an estimate of value, not an offer and not an appraisal.
- How much income does PIERCE, JOHN R. generate in a year?
- PIERCE, JOHN R. 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, JOHN R. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texlan Oil Company, Inc. |
|---|---|
| Field | Dunlap |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 09936 |
| Wellbores | 16 |
| Reported production | 30,976 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $89K |
Where PIERCE, JOHN R. 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.