PIERCE STATE "A" V. I.
PIERCE STATE "A" V. I. 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 June 1993 to August 2026, totalling 129,341 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 $5K, with roughly $653 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 44 thousand cubic feet a month. Its strongest month on the record we hold was July 2020, at 237 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 STATE "A" V. I.
- Who operates PIERCE STATE "A" V. I.?
- PIERCE STATE "A" V. I. is operated by Enron Oil & Gas Company, Railroad Commission of Texas operator number 253196.
- Where is PIERCE STATE "A" V. I.?
- PIERCE STATE "A" V. I. is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 145948.
- Is PIERCE STATE "A" V. I. still producing?
- PIERCE STATE "A" V. I. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIERCE STATE "A" V. I. is August 2026.
- How much has PIERCE STATE "A" V. I. produced?
- PIERCE STATE "A" V. I. has reported 129,341 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 1993 and August 2026, from 1 wellbore.
- How much is PIERCE STATE "A" V. I. worth?
- The remaining production from PIERCE STATE "A" V. I. is estimated to be worth about $5K in total as of 27 August 2026, within a range of $3K to $7K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIERCE STATE "A" V. I. is a fraction of it. The estimate fits an Arps decline curve to the production PIERCE STATE "A" V. I. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIERCE STATE "A" V. I. is an estimate of value, not an offer and not an appraisal.
- How much income does PIERCE STATE "A" V. I. generate in a year?
- PIERCE STATE "A" V. I. is forecast to net about $653 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIERCE STATE "A" V. I. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enron Oil & Gas Company |
|---|---|
| Field | V. I. P. (Clear Fork) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 145948 |
| Wellbores | 1 |
| Reported production | 129,341 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where PIERCE STATE "A" V. I. 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.