PIERCE 4B
PIERCE 4B is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by TXP, Incorporated. It has 1 wellbore on file with the Commission. Reported production runs from May 2001 to August 2026, totalling 502,049 thousand cubic feet. 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 $31K, with roughly $6K 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 348 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 983 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 4B
- Who operates PIERCE 4B?
- PIERCE 4B is operated by TXP, Incorporated, Railroad Commission of Texas operator number 875395.
- Where is PIERCE 4B?
- PIERCE 4B is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 183082.
- Is PIERCE 4B still producing?
- PIERCE 4B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIERCE 4B is August 2026.
- How much has PIERCE 4B produced?
- PIERCE 4B has reported 502,049 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2001 and August 2026, from 1 wellbore.
- How much is PIERCE 4B worth?
- The remaining production from PIERCE 4B is estimated to be worth about $31K in total as of 27 August 2026, within a range of $24K to $37K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIERCE 4B is a fraction of it. The estimate fits an Arps decline curve to the production PIERCE 4B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIERCE 4B is an estimate of value, not an offer and not an appraisal.
- How much income does PIERCE 4B generate in a year?
- PIERCE 4B is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIERCE 4B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | TXP, Incorporated |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 183082 |
| Wellbores | 1 |
| Reported production | 502,049 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where PIERCE 4B 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.