PIERCE-GULF
PIERCE-GULF is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Crowder, B.R. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 96,136 thousand cubic feet. The lease is shut in. 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 $33, with roughly $4 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 1 thousand cubic feet a month. Its strongest month on the record we hold was April 2023, at 443 thousand cubic feet.
Key facts about PIERCE-GULF
- Who operates PIERCE-GULF?
- PIERCE-GULF is operated by Crowder, B.R., Railroad Commission of Texas operator number 191330.
- Where is PIERCE-GULF?
- PIERCE-GULF is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 046976.
- Is PIERCE-GULF still producing?
- PIERCE-GULF is shut in. The most recent month of production reported to the Railroad Commission of Texas for PIERCE-GULF is August 2026.
- How much has PIERCE-GULF produced?
- PIERCE-GULF has reported 96,136 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PIERCE-GULF worth?
- The remaining production from PIERCE-GULF is estimated to be worth about $33 in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIERCE-GULF is a fraction of it. The estimate fits an Arps decline curve to the production PIERCE-GULF has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIERCE-GULF is an estimate of value, not an offer and not an appraisal.
- How much income does PIERCE-GULF generate in a year?
- PIERCE-GULF is forecast to net about $4 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIERCE-GULF receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crowder, B.R. |
|---|---|
| Field | V. I. P. (Clear Fork) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 046976 |
| Wellbores | 1 |
| Reported production | 96,136 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $33 |
Where PIERCE-GULF 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.