PIERCE, WALTER ET AL UNIT
PIERCE, WALTER ET AL UNIT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Kabco Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 460,667 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 $23K, with roughly $3K 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 117 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 353 thousand cubic feet. 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, WALTER ET AL UNIT
- Who operates PIERCE, WALTER ET AL UNIT?
- PIERCE, WALTER ET AL UNIT is operated by Kabco Oil & Gas Company, Railroad Commission of Texas operator number 449245.
- Where is PIERCE, WALTER ET AL UNIT?
- PIERCE, WALTER ET AL UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 080692.
- Is PIERCE, WALTER ET AL UNIT still producing?
- PIERCE, WALTER ET AL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIERCE, WALTER ET AL UNIT is August 2026.
- How much has PIERCE, WALTER ET AL UNIT produced?
- PIERCE, WALTER ET AL UNIT has reported 460,667 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, WALTER ET AL UNIT worth?
- The remaining production from PIERCE, WALTER ET AL UNIT is estimated to be worth about $23K in total as of 27 August 2026, within a range of $18K to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIERCE, WALTER ET AL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PIERCE, WALTER ET AL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIERCE, WALTER ET AL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PIERCE, WALTER ET AL UNIT generate in a year?
- PIERCE, WALTER ET AL UNIT is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIERCE, WALTER ET AL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kabco Oil & Gas Company |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 080692 |
| Wellbores | 1 |
| Reported production | 460,667 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where PIERCE, WALTER ET AL 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.