CANNON

Operated by IV STANDARD, LLC (P-5 103468) in the SHEPHERD (WX CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 250669District 03Field 83047400CondensateGasSave
Value, all time
$15.1 M
May 2009 – May 2026
Value, last 12 filed months
$248 k
at the published price for each month
Months reported
205
no gaps in the span
Streams
2
condensate, gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition118,224 bbl$8,756,592
GasProduction1,593,524 Mcf$6,297,564
Total$15,054,156

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.4551, -95.0160. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45507, -95.01604 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,140 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,140 ft.

Completions filed
May 2021
1 of 1 wells

1 well

42-40730611111,140 ftMay 2021

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (205)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

205 months

May 202618098106.413.05$19,452
Apr 202618521898.932.87$18,928
Mar 202619226189.753.15$18,054
Feb 202635624563.503.75$23,525
Jan 20261878359.138.00$11,721
Dec 2025345056.664.41$19,548
Nov 202517437758.593.93$11,675
Oct 202517511659.383.30$10,775
Sep 202537323362.743.08$24,119
Aug 202536191363.933.01$25,831
Jul 202552666066.743.32$37,293
Jun 202538442066.483.13$26,842
May 202536865760.553.23$24,406
Apr 202519126262.363.54$12,839
Mar 202536932967.704.27$26,386
Feb 202534534970.884.34$25,969
Jan 20253721,02474.324.28$32,028
Dec 20244042,17868.993.12$34,670
Nov 20245591,58869.052.20$42,090
Oct 20245782,26371.372.28$46,415
Sep 20243873,14969.612.36$34,384
Aug 20247502,47475.632.06$61,828
Jul 20243521,30779.932.15$30,941
Jun 20243752,17878.082.63$35,017
May 20247645,89678.812.20$73,173
Apr 20246443,80184.451.66$60,692
Mar 20245985,10580.301.55$55,907
Feb 20247684,21676.091.78$65,957
Jan 20246135,21573.023.30$61,959
Dec 20236165,15971.262.61$57,365
Nov 20236064,65377.892.81$60,265
Oct 20236065,13185.443.09$67,617
Sep 20239928,06389.042.74$110,380
Aug 20238329,75780.522.67$93,072
Jul 20231,00910,24974.852.64$102,599
Jun 20235986,13668.962.26$55,096
May 202392110,64870.622.23$88,758
Apr 20238801,28678.122.24$71,623
Mar 20239011,75572.852.39$69,838
Feb 20237261,34675.112.47$57,849
Jan 20238885,10576.533.39$85,253
Dec 20221,03311,78376.415.73$146,437
Nov 202286613,24085.005.65$148,366
Oct 202270211,79287.185.86$130,346
Sep 202286213,27284.888.16$181,515
Aug 20221,21018,76994.529.13$285,677
Jul 20221,04218,705101.587.54$246,921
Jun 20221,21719,257115.097.98$293,681
May 20221,25813,732109.378.43$253,390
Apr 20221,07114,829104.226.84$213,014
Mar 20221,22817,607108.885.08$223,085
Feb 20221,23517,12891.054.86$195,669
Jan 20221,44425,36181.844.54$233,257
Dec 20211,75326,75671.323.90$229,349
Nov 20211,75527,27277.435.24$278,709
Oct 20211,95136,88379.795.71$366,415
Sep 20211,98018,24069.865.35$235,924
Aug 20212,30433,35366.024.22$292,879
Jul 20212,12747,40070.783.98$339,300
Jun 20212,66740,66369.493.38$322,796
May 202102,41263.483.02$7,279
Apr 20211836,08360.362.76$27,825
Mar 202105,76361.302.72$15,658
Feb 20211855,99057.805.55$43,925
Jan 20211817,15250.412.81$29,223
Dec 20201692,53744.642.68$14,332
Nov 20201787,63238.772.71$27,558
Oct 20201838,59536.972.48$28,068
Sep 20201818,95637.091.99$24,545
Aug 202018010,88639.982.39$33,161
Jul 202017511,01738.371.83$26,822
Jun 202036711,37634.901.69$32,037
May 2020012,57516.921.81$22,820
Apr 202034514,44514.751.80$31,153
Mar 202036718,16630.341.86$44,855
Feb 202018518,34349.881.98$45,559
Jan 202055419,95657.252.09$73,519
Dec 201954922,50959.012.30$84,265
Nov 201953921,58055.302.75$89,167
Oct 201952717,67253.472.42$70,919
Sep 20191703,76655.052.66$19,366
Aug 20193431,71853.112.30$22,176
Jul 20193401,41456.272.46$22,610
Jun 20193361,97852.782.49$22,662
May 20195011,75758.482.74$34,113
Apr 20193551,15962.632.75$25,422
Mar 20191781,23056.803.06$13,877
Feb 20191791,58150.852.79$13,517
Jan 20191742,04346.033.23$14,604
Dec 20181792,39746.594.19$18,372
Nov 20181812,52252.934.24$20,267
Oct 20181851,78261.443.40$17,422
Sep 20181742,66359.543.11$18,637
Aug 20181842,57659.403.07$18,829
Jul 20183612,44965.142.93$30,696
Jun 20181783,16960.183.08$20,463
May 20181733,27065.382.90$20,796
Apr 20181812,22863.842.90$18,018
Mar 20181842,81661.222.79$19,112
Feb 20181752,03161.782.77$16,429
Jan 20181782,51162.874.01$21,258
Dec 201718178557.272.92$12,659
Nov 20171842,12655.423.12$16,827
Oct 20171732,68049.292.98$16,523
Sep 20171851,89747.523.09$14,648
Aug 20173532,05945.373.00$22,202
Jul 201717525243.873.09$8,455
Jun 201717616542.493.09$7,988
May 201717320945.373.26$8,531
Apr 201704147.933.21$132
Mar 20171227546.772.98$1,382
Feb 201736351350.452.95$19,828
Jan 201719436349.413.42$10,827
Dec 201617826848.763.72$9,677
Nov 201637761242.492.64$17,637
Oct 20163561,04146.193.09$19,661
Sep 201617597341.553.10$10,288
Aug 20163431,27741.442.92$17,948
Jul 20163442,40941.622.92$21,362
Jun 20163421,81845.352.69$20,393
May 20163511,34542.521.99$17,602
Apr 201635933336.561.99$13,788
Mar 20165112,27333.011.79$20,946
Feb 20163482,82526.472.06$15,041
Jan 20163453,08327.352.36$16,725
Dec 20153441,70232.362.00$14,538
Nov 20153541,47938.792.17$16,937
Oct 20153571,56343.552.43$19,340
Sep 20153503,90942.992.76$25,829
Aug 20153504,39240.162.87$26,672
Jul 20153493,56448.152.95$27,301
Jun 20153234,02756.152.88$29,746
May 20153454,14355.212.96$31,292
Apr 20155383,83649.822.71$37,186
Mar 20153465,79642.892.93$31,850
Feb 20155135,66844.662.98$39,780
Jan 20153506,00243.433.10$33,810
Dec 20143464,26654.693.59$34,243
Nov 20145224,06470.464.25$54,060
Oct 20145295,08478.303.90$61,253
Sep 20143464,70186.164.05$48,829
Aug 20143474,71889.394.04$50,056
Jul 20145164,13696.564.18$67,112
Jun 20143504,40498.164.74$55,217
May 20145194,92294.734.73$72,429
Apr 20145165,18495.944.81$74,436
Mar 20143465,77295.895.06$62,366
Feb 20143405,29497.406.19$65,896
Jan 20145145,04290.404.86$70,973
Dec 20133564,26291.824.35$51,247
Nov 20135153,11088.853.74$57,384
Oct 20133353,74097.423.78$46,771
Sep 20134994,012104.113.72$66,866
Aug 20135074,137104.253.52$67,428
Jul 20133554,207102.523.72$52,035
Jun 20135164,06594.403.93$64,700
May 20135104,32894.834.15$66,321
Apr 20133454,66293.964.28$52,382
Mar 20135186,29693.623.91$73,131
Feb 20135046,46891.233.42$68,100
Jan 20133585,26491.603.42$50,795
Dec 20125166,57186.773.42$67,247
Nov 20124826,54986.953.62$65,650
Oct 20125067,72889.383.40$71,499
Sep 20125107,60294.672.92$70,467
Aug 20125047,00492.662.91$67,069
Jul 20123488,40885.133.02$55,024
Jun 20123468,14979.822.52$48,145
May 201250510,56191.612.49$72,542
Apr 20121329,868101.652.00$33,122
Mar 201205,552105.052.22$12,337
Feb 20120558101.102.57$1,434
Jan 20121721498.092.73$16,910
Dec 20116798,02396.873.24$91,767
Nov 20115068,03895.723.31$75,050
Oct 20114739,54184.983.65$75,006
Sep 201169611,54583.623.99$104,216
Aug 201167511,09383.404.15$102,323
Jul 201150911,33894.144.52$99,134
Jun 201176910,68792.904.64$121,027
May 201157211,00798.134.40$104,614
Apr 201177310,708105.964.33$128,308
Mar 201175711,93996.364.06$121,385
Feb 201158710,08785.644.18$92,434
Jan 201176413,46386.504.59$127,865
Dec 201073111,87785.734.35$114,307
Nov 201073814,31580.843.80$113,990
Oct 201091515,43678.103.51$125,625
Sep 201072315,51572.633.98$114,253
Aug 201091615,33173.684.42$135,244
Jul 201092515,19772.554.74$139,089
Jun 201074216,13270.364.91$131,422
May 201093717,15571.124.24$139,295
Apr 201086516,66481.694.12$139,362
Mar 20101,18617,90378.394.39$171,541
Feb 201084415,36373.585.44$145,713
Jan 20101,34617,85374.365.96$206,565
Dec 20091,20820,20771.445.48$197,110
Nov 20091,36923,94574.593.75$191,943
Oct 20091,90724,45472.544.11$238,846
Sep 20091,90322,94365.543.06$195,037
Aug 20091,90523,95267.423.22$205,525
Jul 20092,26825,86861.133.46$228,263
Jun 20092,95730,08666.163.90$312,820
May 20091,72017,80454.743.93$164,047

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate           180 bbl  × $106.41 =    $19,154
Gas                   98 Mcf  × $  3.05 =       $298

────────────────────────────────────────────────────
Month total                                  $19,452

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/250669 is the state's own key, not one this site invented.