PIERCE, REUBEN
PIERCE, REUBEN is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by Scana Petroleum Resources, Inc. It has 2 wellbores on file with the Commission. Reported production runs from October 1995 to August 2026, totalling 150,295 barrels. 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 $883K, with roughly $163K 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 197 barrels a month, about 99 per wellbore. Its strongest month on the record we hold was March 2019, at 399 barrels. 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, REUBEN
- Who operates PIERCE, REUBEN?
- PIERCE, REUBEN is operated by Scana Petroleum Resources, Inc., Railroad Commission of Texas operator number 750158.
- Where is PIERCE, REUBEN?
- PIERCE, REUBEN is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 13469.
- Is PIERCE, REUBEN still producing?
- PIERCE, REUBEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIERCE, REUBEN is August 2026.
- How much has PIERCE, REUBEN produced?
- PIERCE, REUBEN has reported 150,295 barrels of oil (bbl) to the Railroad Commission of Texas between October 1995 and August 2026, from 2 wellbores.
- How much is PIERCE, REUBEN worth?
- The remaining production from PIERCE, REUBEN is estimated to be worth about $883K in total as of 27 August 2026, within a range of $689K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIERCE, REUBEN is a fraction of it. The estimate fits an Arps decline curve to the production PIERCE, REUBEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIERCE, REUBEN is an estimate of value, not an offer and not an appraisal.
- How much income does PIERCE, REUBEN generate in a year?
- PIERCE, REUBEN is forecast to net about $163K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIERCE, REUBEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Scana Petroleum Resources, Inc. |
|---|---|
| Field | Waskom (Hammond Sand) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 13469 |
| Wellbores | 2 |
| Reported production | 150,295 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $883K |
Where PIERCE, REUBEN 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.