PIERCE-ARROW
PIERCE-ARROW is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Enron Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from May 1994 to August 2026, totalling 290,638 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 $7K, with roughly $849 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 58 thousand cubic feet a month. Its strongest month on the record we hold was January 2022, at 255 thousand cubic feet. 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-ARROW
- Who operates PIERCE-ARROW?
- PIERCE-ARROW is operated by Enron Oil & Gas Company, Railroad Commission of Texas operator number 253196.
- Where is PIERCE-ARROW?
- PIERCE-ARROW is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 149480.
- Is PIERCE-ARROW still producing?
- PIERCE-ARROW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIERCE-ARROW is August 2026.
- How much has PIERCE-ARROW produced?
- PIERCE-ARROW has reported 290,638 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1994 and August 2026, from 1 wellbore.
- How much is PIERCE-ARROW worth?
- The remaining production from PIERCE-ARROW is estimated to be worth about $7K in total as of 27 August 2026, within a range of $4K to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIERCE-ARROW is a fraction of it. The estimate fits an Arps decline curve to the production PIERCE-ARROW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIERCE-ARROW is an estimate of value, not an offer and not an appraisal.
- How much income does PIERCE-ARROW generate in a year?
- PIERCE-ARROW is forecast to net about $849 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIERCE-ARROW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enron Oil & Gas Company |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 149480 |
| Wellbores | 1 |
| Reported production | 290,638 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where PIERCE-ARROW 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.