PEARCE GAS UNIT
PEARCE GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Tanos Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2008 to August 2026, totalling 2,232,792 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 $350K, with roughly $69K 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 3,166 thousand cubic feet a month. Its strongest month on the record we hold was September 2024, at 9,006 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 PEARCE GAS UNIT
- Who operates PEARCE GAS UNIT?
- PEARCE GAS UNIT is operated by Tanos Exploration, LLC, Railroad Commission of Texas operator number 835977.
- Where is PEARCE GAS UNIT?
- PEARCE GAS UNIT is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 245009.
- Is PEARCE GAS UNIT still producing?
- PEARCE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEARCE GAS UNIT is August 2026.
- How much has PEARCE GAS UNIT produced?
- PEARCE GAS UNIT has reported 2,232,792 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2008 and August 2026, from 1 wellbore.
- How much is PEARCE GAS UNIT worth?
- The remaining production from PEARCE GAS UNIT is estimated to be worth about $350K in total as of 27 August 2026, within a range of $290K to $409K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEARCE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PEARCE GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEARCE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PEARCE GAS UNIT generate in a year?
- PEARCE GAS UNIT is forecast to net about $69K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEARCE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tanos Exploration, LLC |
|---|---|
| Field | Lansing, N. (Cotton Valley, Lo.) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 245009 |
| Wellbores | 1 |
| Reported production | 2,232,792 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $350K |
Where PEARCE GAS UNIT 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.