CANNON

Operated by SQUARE MILE ENERGY, L.L.C. (P-5 810815) in the GLASSCOCK (WILCOX 11,200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 271318District 03Field 35231960CondensateGasSaveExport
Value, all time
$101.4 M
Aug 2013 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
154
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1994-04-01
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/2015.

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
CondensateDisposition737,401 bbl$47,041,058
GasProduction15,932,811 Mcf$54,319,399
Total$101,360,457

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 29.5992, -96.6736. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.59919, -96.67363 · 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
12,503 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 12,503 ft.

Completions filed
Aug 2013
1 of 1 wells

1 well

42-08932698112,503 ftAug 2013

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 (154)

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

154 months

May 20263,06532,764106.413.05$425,941
Apr 202603,21898.932.87$9,235
Mar 202637612,59389.753.15$73,407
Feb 202637811,75263.503.75$68,077
Jan 202636313,54559.138.00$129,796
Dec 202555514,07056.664.41$93,542
Nov 202537514,50758.593.93$78,932
Oct 202535517,06759.383.30$77,484
Sep 20251778,90662.743.08$38,508
Aug 20251808,66163.933.01$37,618
Jul 202554715,80366.743.32$88,897
Jun 202532015,49466.483.13$69,750
May 202536216,25260.553.23$74,451
Apr 202535916,12262.363.54$79,509
Mar 202554616,88167.704.27$109,018
Feb 202519615,35070.884.34$80,524
Jan 202558118,88574.324.28$123,983
Dec 202457820,46668.993.12$103,758
Nov 202456218,34969.052.20$79,145
Oct 202436320,21471.372.28$72,024
Sep 202437217,58369.612.36$67,467
Aug 202454916,42575.632.06$75,416
Jul 202437420,69079.932.15$74,307
Jun 202454617,74178.082.63$89,361
May 202455519,78378.812.20$87,231
Apr 202437616,47784.451.66$59,092
Mar 202456422,64180.301.55$80,272
Feb 202455419,61276.091.78$77,135
Jan 202476018,00873.023.30$114,879
Dec 202395823,45371.262.61$129,496
Nov 202356820,06877.892.81$100,584
Oct 202373722,11585.443.09$131,244
Sep 202355121,03289.042.74$106,584
Aug 202356521,76080.522.67$103,656
Jul 202373820,29174.852.64$108,844
Jun 202356718,71168.962.26$81,359
May 202355623,89870.622.23$92,495
Apr 202377620,06578.122.24$105,522
Mar 202376821,43472.852.39$107,244
Feb 202376918,49575.112.47$103,362
Jan 202374019,17976.533.39$121,605
Dec 202257918,02076.415.73$147,479
Nov 202297923,94085.005.65$218,385
Oct 202254924,63687.185.86$192,321
Sep 20221,29026,07984.888.16$322,396
Aug 202288727,70694.529.13$336,716
Jul 202275630,341101.587.54$305,629
Jun 202273424,256115.097.98$277,971
May 20221,26328,795109.378.43$380,964
Apr 202292528,194104.226.84$289,183
Mar 20221,12131,622108.885.08$282,580
Feb 202290227,64391.054.86$216,440
Jan 20221,06532,43381.844.54$234,330
Dec 20211,07432,18971.323.90$202,106
Nov 20211,08029,92377.435.24$240,327
Oct 202190231,74979.795.71$253,380
Sep 20211,08030,12569.865.35$236,645
Aug 20211,29731,24566.024.22$217,500
Jul 202193732,46770.783.98$195,607
Jun 202172029,01969.493.38$148,135
May 202195227,32063.483.02$142,876
Apr 20211,12626,30060.362.76$140,512
Mar 202174827,44761.302.72$120,424
Feb 202172123,24957.805.55$170,658
Jan 20211,40935,01150.412.81$169,418
Dec 20201,26434,78044.642.68$149,477
Nov 202087027,79438.772.71$108,956
Oct 20201,07229,86436.972.48$113,648
Sep 20201,40633,30937.091.99$118,468
Aug 20202,13340,44839.982.39$181,750
Jul 20201,40833,11638.371.83$114,466
Jun 2020730,13034.901.69$51,173
May 2020431,66316.921.81$57,528
Apr 20201,32530,87414.751.80$75,252
Mar 20201,51340,35730.341.86$120,816
Feb 20201,71845,61949.881.98$176,050
Jan 20201,67549,89357.252.09$200,407
Dec 20191,80351,51459.012.30$225,102
Nov 20191,85851,47355.302.75$244,334
Oct 20191,64853,21453.472.42$216,819
Sep 20191,83851,47455.052.66$237,963
Aug 20191,65154,95953.112.30$214,330
Jul 20191,83955,83056.272.46$240,826
Jun 20191,84654,56352.782.49$233,359
May 20192,03456,99158.482.74$275,122
Apr 20191,86855,46662.632.75$269,563
Mar 20192,25157,84056.803.06$304,969
Feb 20191,85852,04550.852.79$239,800
Jan 20192,08156,86446.033.23$279,356
Dec 20182,26556,92646.594.19$343,787
Nov 20182,26657,00252.934.24$361,471
Oct 20181,87259,52561.443.40$317,286
Sep 20182,21765,10059.543.11$334,331
Aug 20182,23169,33959.403.07$345,154
Jul 20182,23869,04465.142.93$348,212
Jun 20182,20768,47160.183.08$343,497
May 20182,59371,13265.382.90$375,870
Apr 20182,60070,65163.842.90$370,928
Mar 20182,74173,50961.222.79$372,662
Feb 20182,45468,24161.782.77$340,371
Jan 20183,29076,61162.874.01$514,000
Dec 20173,15785,18557.272.92$429,671
Nov 20173,64091,36155.423.12$486,625
Oct 20174,839128,80449.292.98$622,824
Sep 20174,065135,93447.523.09$612,835
Aug 20174,598139,05045.373.00$626,373
Jul 20175,692183,71943.873.09$816,900
Jun 20176,034183,27242.493.09$822,197
May 20176,941192,73645.373.26$943,888
Apr 20176,445185,15747.933.21$903,559
Mar 20177,117192,51646.772.98$907,268
Feb 20176,850137,62550.452.95$751,934
Jan 20177,600196,49949.413.42$1,047,307
Dec 20167,808180,20248.763.72$1,051,579
Nov 20167,371119,36342.492.64$628,831
Oct 20168,034144,31246.193.09$817,052
Sep 20167,763212,18541.553.10$980,460
Aug 20168,188225,07941.442.92$997,518
Jul 20169,100217,33541.622.92$1,014,303
Jun 20168,279213,34845.352.69$948,469
May 20168,836225,10742.521.99$823,904
Apr 20169,503207,51336.561.99$760,596
Mar 201610,041219,73933.011.79$725,667
Feb 201610,003210,36126.472.06$698,887
Jan 201611,559229,98127.352.36$859,897
Dec 201511,270231,98132.362.00$828,986
Nov 201511,315222,87038.792.17$921,942
Oct 201511,553231,23643.552.43$1,064,246
Sep 201510,113196,60842.992.76$977,085
Aug 201513,240284,12740.162.87$1,347,870
Jul 201515,121297,90348.152.95$1,605,424
Jun 201514,987286,46256.152.88$1,667,350
May 201516,384299,17055.212.96$1,788,743
Apr 201516,422296,45049.822.71$1,620,507
Mar 201517,641313,48542.892.93$1,676,610
Feb 201514,976270,64644.662.98$1,474,322
Jan 201517,073303,60243.433.10$1,682,838
Dec 201418,663348,13954.693.59$2,270,972
Nov 201422,342408,16970.464.25$3,309,687
Oct 201423,454421,59578.303.90$3,481,073
Sep 201422,875410,62086.164.05$3,632,049
Aug 201420,508265,93989.394.04$2,906,306
Jul 201425,301432,69396.564.18$4,251,548
Jun 201420,496407,94298.164.74$3,944,260
May 201423,866432,31994.734.73$4,304,208
Apr 201421,703395,11795.944.81$3,982,351
Mar 201420,074379,56995.895.06$3,844,300
Feb 20147,635165,46497.406.19$1,768,202
Jan 201413,563245,56890.404.86$2,419,732
Dec 201310,111232,01591.824.35$1,938,697
Nov 201313,625256,88988.853.74$2,170,904
Oct 201314,564287,12797.423.78$2,503,981
Sep 20132,84257,023104.113.72$507,877
Aug 201300104.253.52$0

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         3,065 bbl  × $106.41 =   $326,147
Gas               32,764 Mcf  × $  3.05 =    $99,794

────────────────────────────────────────────────────
Month total                                 $425,941

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/271318 is the state's own key, not one this site invented.