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CANNON

Operated by REED EXPLORATION LLC (P-5 102257) in the FORT TRINIDAD (GLEN ROSE, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 272989District 03Field 32156852CondensateGasSaveExport
Value, all time
$1.9 M
Oct 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
152
no gaps in the span
Streams
2
condensate, gas

The FORT TRINIDAD (GLEN ROSE, UPPER) field

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 145 leases and 145 wells, and the rule below applies to all of them.

Discovered
1961-01-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “NO GREATER THAN THE YARDSTICK OF 845 BBLS/DAY FOR 640 AC WELL.”

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
CondensateDisposition7,035 bbl$517,847
GasProduction339,210 Mcf$1,404,069
Total$1,921,916

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 30.9288, -95.7693. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.92877, -95.76926 · 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
11,880 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 11,880 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-31331025111,880 ftOct 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 (152)

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

152 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20245078.082.63$390
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 2022010087.185.86$586
Sep 20220084.888.16$0
Aug 2022020094.529.13$1,825
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202205108.885.08$25
Feb 202204691.054.86$224
Jan 2022010781.844.54$486
Dec 2021012571.323.90$487
Nov 202102977.435.24$152
Oct 202103579.795.71$200
Sep 2021057469.865.35$3,071
Aug 20210666.024.22$25
Jul 2021037170.783.98$1,477
Jun 202109569.493.38$321
May 202102463.483.02$72
Apr 202106260.362.76$171
Mar 202109361.302.72$253
Feb 202104357.805.55$239
Jan 202106850.412.81$191
Dec 202003544.642.68$94
Nov 202004538.772.71$122
Oct 20200336.972.48$7
Sep 202005337.091.99$106
Aug 202004939.982.39$117
Jul 202003838.371.83$69
Jun 202004834.901.69$81
May 202007116.921.81$129
Apr 202006114.751.80$110
Mar 202008230.341.86$152
Feb 202003849.881.98$75
Jan 202004257.252.09$88
Dec 2019010659.012.30$244
Nov 201907355.302.75$201
Oct 201907553.472.42$181
Sep 2019012455.052.66$330
Aug 2019014853.112.30$341
Jul 2019014156.272.46$347
Jun 2019013252.782.49$329
May 2019013958.482.74$381
Apr 201917214462.632.75$11,168
Mar 2019010356.803.06$315
Feb 2019013150.852.79$366
Jan 2019010946.033.23$352
Dec 201809246.594.19$385
Nov 2018010852.934.24$458
Oct 2018014561.443.40$493
Sep 2018016559.543.11$513
Aug 2018012559.403.07$383
Jul 2018014465.142.93$422
Jun 2018020660.183.08$634
May 2018018265.382.90$528
Apr 2018011263.842.90$325
Mar 2018019861.222.79$552
Feb 2018035461.782.77$979
Jan 2018025762.874.01$1,030
Dec 2017016757.272.92$488
Nov 2017020355.423.12$633
Oct 2017025649.292.98$764
Sep 2017022347.523.09$688
Aug 2017020445.373.00$613
Jul 2017010943.873.09$337
Jun 2017026442.493.09$815
May 201718176345.373.26$10,702
Apr 2017033547.933.21$1,076
Mar 2017059146.772.98$1,763
Feb 2017022050.452.95$650
Jan 2017054749.413.42$1,870
Dec 2016046948.763.72$1,746
Nov 2016055042.492.64$1,454
Oct 2016045746.193.09$1,412
Sep 201617863741.553.10$9,371
Aug 201601,23341.442.92$3,606
Jul 2016059241.622.92$1,731
Jun 2016036045.352.69$967
May 2016088742.521.99$1,766
Apr 20161741,09836.561.99$8,548
Mar 201601,77033.011.79$3,175
Feb 201601,57926.472.06$3,258
Jan 20161771,20227.352.36$7,683
Dec 201502,44232.362.00$4,887
Nov 20151792,44238.792.17$12,236
Oct 201503,82443.552.43$9,279
Sep 20151772,71242.992.76$15,090
Aug 201502,51540.162.87$7,224
Jul 20151756,08148.152.95$26,335
Jun 20151743,54856.152.88$19,998
May 201504,30955.212.96$12,735
Apr 20151705,60849.822.71$23,648
Mar 20153676,51542.892.93$34,860
Feb 20151858,28444.662.98$32,917
Jan 201518410,93643.433.10$41,900
Dec 201416812,49854.693.59$54,073
Nov 201435710,85870.464.25$71,321
Oct 201405,24278.303.90$20,449
Sep 201413,04386.164.05$12,396
Aug 20141794,03089.394.04$32,262
Jul 201409,81996.564.18$41,039
Jun 20141799,78698.164.74$63,926
May 201418010,98894.734.73$68,987
Apr 201418118,67295.944.81$107,161
Mar 201436317,16395.895.06$121,598
Feb 201456219,90797.406.19$178,003
Jan 201437633,28690.404.86$195,784
Dec 20131,28276,07491.824.35$448,976
Nov 201370927,85188.853.74$167,109
Oct 20130097.423.78$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.

Jun 2024 — as filed, then multipliedworked
Condensate             5 bbl  × $ 78.08 =       $390
Gas                    0 Mcf  × $  2.63 =         $0

────────────────────────────────────────────────────
Month total                                     $390

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/272989 is the state's own key, not one this site invented.