CANNON, ERNEST "A"

Name: CANNON, ERNEST "A" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FORCE 5 ENERGY, LLC (P-5 275625) in the DAY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13019District 03Field 23562001OilCasinghead gasSave Export

Value, all time

$2.0 M

Jan 1993 – Jan 2009

Value, last 12 filed months

$219 k

at the published price for each month

Months reported

193

no gaps in the span

Streams

oil, casinghead gas

The DAY 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 19 leases and 40 wells, and the rule below applies to all of them.

Discovered

1948-07-25

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

0 ft

minimum

A drilling unit in this field needs at least 0 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 04/01/87.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	66,547 bbl	$1,913,309
Casinghead gas	Production	14,468 Mcf	$45,217
Total			$1,958,525

6,871 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (7)

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 30.9518, -95.9592. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

30.95030, -95.95830 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

7 of 7 wells

With a plug date

100.0%

7 of 7 wells

Median depth

2,475 ft

7 wells filed one

Completion to plug

4.5 years

median over 7 wells

What the state filed about each well

On the RRC proration schedule

7100.0%

A plug date is filed

7100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

7100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

Between 1,842 and 8,380 ft, median 2,475 ft, over the 7 wells that filed a depth.

Completions filed

Mar 1980 – Nov 1992

7 of 7 wells

Plug dates filed

Aug 1990 – Dec 2017

7 of 7 wells

Last completion to plug: a median of 4.5 years across the 7 wells that filed both dates, with the middle half between 4.3 years and 7.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells


42-31330703	16	1,842 ft	Nov 1992	Jun 1994	Yes
42-31330644	19	2,475 ft	Aug 1986	Aug 1990	Yes
42-31330636	14	2,505 ft	Jul 1986	Dec 2017	Yes
42-31330585	12	1,941 ft	Mar 1986	Sep 1990	Yes
42-31330586	11	1,931 ft	Mar 1986	Sep 1990	Yes
42-31330579	10	2,500 ft	May 1985	Sep 1990	Yes
42-31330058	5	8,380 ft	Mar 1980	Sep 1990	Yes

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 (193)

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

193 months


Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	341	0	101.76	7.88	$34,700
Aug 2008	117	0	114.22	8.48	$13,364
Jul 2008	334	0	131.08	11.39	$43,781
Jun 2008	158	0	131.33	13.03	$20,750
May 2008	307	128	123.17	11.57	$39,295
Apr 2008	318	0	110.31	10.45	$35,079
Mar 2008	159	0	101.90	9.66	$16,202
Feb 2008	156	105	92.53	8.77	$15,356
Jan 2008	159	80	90.38	8.21	$15,027
Dec 2007	306	105	88.33	7.30	$27,796
Nov 2007	155	101	91.67	7.29	$14,945
Oct 2007	157	172	82.85	6.92	$14,198
Sep 2007	316	450	75.84	6.24	$26,775
Aug 2007	161	409	69.06	6.39	$13,731
Jul 2007	307	90	70.90	6.39	$22,341
Jun 2007	319	124	62.00	7.55	$20,714
May 2007	157	249	58.74	7.85	$11,176
Apr 2007	160	206	59.61	7.81	$11,145
Mar 2007	307	139	56.92	7.30	$18,489
Feb 2007	351	87	55.10	8.22	$20,055
Jan 2007	177	104	50.30	6.73	$9,603
Dec 2006	179	99	56.65	6.92	$10,825
Nov 2006	179	89	54.20	7.62	$10,380
Oct 2006	176	0	54.90	6.01	$9,662
Sep 2006	356	0	60.08	5.04	$21,388
Aug 2006	175	0	68.71	7.34	$12,024
Jul 2006	163	25	69.37	6.34	$11,466
Jun 2006	323	90	66.28	6.38	$21,983
May 2006	165	16	66.01	6.42	$10,994
Apr 2006	163	64	64.39	7.36	$10,967
Mar 2006	165	37	56.70	7.08	$9,618
Feb 2006	163	0	57.59	7.75	$9,387
Jan 2006	173	0	60.59	8.93	$10,482
Dec 2005	170	0	54.94	13.42	$9,340
Nov 2005	169	0	54.69	10.59	$9,243
Oct 2005	348	0	58.34	13.80	$20,302
Sep 2005	162	0	61.45	12.08	$9,955
Aug 2005	177	0	61.51	9.80	$10,887
Jul 2005	177	0	55.69	7.84	$9,857
Jun 2005	356	0	52.33	7.38	$18,629
May 2005	351	124	45.22	6.65	$16,697
Apr 2005	350	120	49.20	7.36	$18,103
Mar 2005	356	124	50.37	7.15	$18,819
Feb 2005	356	112	45.22	6.31	$16,805
Jan 2005	359	124	43.16	6.32	$16,278
Dec 2004	524	124	39.86	6.75	$21,724
Nov 2004	353	120	45.28	6.33	$16,743
Oct 2004	354	120	49.70	6.52	$18,376
Sep 2004	361	117	43.24	5.28	$16,228
Aug 2004	183	75	42.37	5.55	$8,170
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	84	36.10	6.43	$540
May 2004	180	124	37.48	6.49	$7,552
Apr 2004	175	120	34.47	5.86	$6,735
Mar 2004	0	124	34.36	5.53	$686
Feb 2004	359	116	32.45	5.51	$12,289
Jan 2004	694	124	32.03	6.30	$23,010
Dec 2003	530	124	30.26	6.30	$16,819
Nov 2003	357	120	28.80	4.60	$10,833
Oct 2003	708	124	28.17	4.76	$20,535
Sep 2003	350	120	26.31	4.75	$9,778
Aug 2003	528	124	29.76	5.13	$16,349
Jul 2003	703	124	29.41	5.17	$21,316
Jun 2003	698	120	28.56	5.98	$20,653
May 2003	354	124	26.59	5.97	$10,153
Apr 2003	530	120	26.67	5.41	$14,784
Mar 2003	358	124	31.14	6.10	$11,904
Feb 2003	538	112	33.48	7.93	$18,900
Jan 2003	354	124	30.31	5.58	$11,422
Dec 2002	501	124	26.91	4.85	$14,084
Nov 2002	509	120	24.66	4.14	$13,048
Oct 2002	329	124	26.46	4.23	$9,230
Sep 2002	504	0	27.44	3.64	$13,830
Aug 2002	340	0	25.96	3.16	$8,826
Jul 2002	345	0	24.58	3.06	$8,480
Jun 2002	331	0	23.73	3.34	$7,855
May 2002	324	0	24.66	3.58	$7,990
Apr 2002	162	0	23.65	3.51	$3,831
Mar 2002	512	0	22.00	3.10	$11,264
Feb 2002	345	0	18.22	2.38	$6,286
Jan 2002	154	0	17.17	2.38	$2,644
Dec 2001	337	0	16.93	2.36	$5,705
Nov 2001	340	0	18.07	2.41	$6,144
Oct 2001	350	0	19.78	2.53	$6,923
Sep 2001	171	0	24.26	2.25	$4,148
Aug 2001	326	0	24.87	3.05	$8,108
Jul 2001	340	0	23.93	3.20	$8,136
Jun 2001	325	0	24.56	3.82	$7,982
May 2001	343	0	25.52	4.31	$8,753
Apr 2001	345	0	24.68	5.34	$8,515
Mar 2001	353	0	24.54	5.38	$8,663
Feb 2001	352	0	27.75	5.77	$9,768
Jan 2001	361	0	27.47	8.40	$9,917
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	369	0	31.23	5.15	$11,524
Sep 2000	344	0	31.87	5.19	$10,963
Aug 2000	344	0	29.64	4.54	$10,196
Jul 2000	348	0	28.53	4.09	$9,928
Jun 2000	350	0	29.30	4.40	$10,255
May 2000	177	0	27.26	3.68	$4,825
Apr 2000	351	0	24.51	3.12	$8,603
Mar 2000	349	0	28.42	2.86	$9,919
Feb 2000	324	0	27.62	2.73	$8,949
Jan 2000	352	0	25.27	2.48	$8,895
Dec 1999	341	0	24.28	2.42	$8,279
Nov 1999	343	0	23.19	2.43	$7,954
Oct 1999	347	0	20.98	2.80	$7,280
Sep 1999	350	0	21.75	2.62	$7,613
Aug 1999	338	0	19.26	2.88	$6,510
Jul 1999	529	0	17.89	2.37	$9,464
Jun 1999	272	0	15.94	2.36	$4,336
May 1999	354	0	15.79	2.32	$5,590
Apr 1999	346	8	15.10	2.21	$5,242
Mar 1999	350	0	12.47	1.84	$4,365
Feb 1999	345	6	9.98	1.82	$3,454
Jan 1999	354	1	10.38	1.90	$3,676
Dec 1998	351	8	9.20	1.77	$3,243
Nov 1998	350	8	10.89	2.19	$3,829
Oct 1998	339	90	12.42	1.97	$4,388
Sep 1998	504	90	12.59	2.08	$6,533
Aug 1998	332	93	11.30	1.91	$3,929
Jul 1998	333	93	11.74	2.24	$4,117
Jun 1998	496	90	11.24	2.24	$5,776
May 1998	498	93	12.62	2.21	$6,490
Apr 1998	171	41	13.04	2.51	$2,333
Mar 1998	512	21	12.80	2.31	$6,602
Feb 1998	347	9	13.95	2.30	$4,861
Jan 1998	332	11	14.70	2.15	$4,904
Dec 1997	339	1	16.32	2.41	$5,535
Nov 1997	496	5	18.19	3.09	$9,038
Oct 1997	332	0	19.25	3.15	$6,391
Sep 1997	333	5	17.74	2.95	$5,922
Aug 1997	511	3	17.86	2.55	$9,134
Jul 1997	336	2	17.58	2.25	$5,911
Jun 1997	338	27	17.24	2.26	$5,888
May 1997	587	64	18.97	2.31	$11,283
Apr 1997	356	26	17.88	2.08	$6,419
Mar 1997	338	17	18.95	1.94	$6,438
Feb 1997	367	89	20.49	2.21	$7,716
Jan 1997	334	47	23.48	3.54	$8,009
Dec 1996	173	78	23.32	—	$4,034
Nov 1996	180	34	21.97	—	$3,955
Oct 1996	489	104	23.31	—	$11,399
Sep 1996	339	101	22.22	—	$7,533
Aug 1996	414	101	20.26	—	$8,388
Jul 1996	441	101	19.55	—	$8,622
Jun 1996	533	101	18.73	—	$9,983
May 1996	359	97	19.43	—	$6,975
Apr 1996	552	101	21.51	—	$11,874
Mar 1996	358	104	19.38	—	$6,938
Feb 1996	562	195	16.98	—	$9,543
Jan 1996	370	104	17.07	—	$6,316
Dec 1995	537	202	17.19	—	$9,231
Nov 1995	342	202	16.00	—	$5,472
Oct 1995	356	202	15.43	—	$5,493
Sep 1995	363	188	16.18	—	$5,873
Aug 1995	546	208	15.92	—	$8,692
Jul 1995	375	208	15.24	—	$5,715
Jun 1995	544	155	16.41	—	$8,927
May 1995	372	141	17.56	—	$6,532
Apr 1995	361	202	17.73	—	$6,401
Mar 1995	551	208	16.44	—	$9,058
Feb 1995	369	188	16.58	—	$6,118
Jan 1995	537	208	15.92	—	$8,549
Dec 1994	538	208	15.03	—	$8,086
Nov 1994	369	202	15.90	—	$5,867
Oct 1994	713	208	15.58	—	$11,109
Sep 1994	358	202	15.29	—	$5,474
Aug 1994	351	208	16.13	—	$5,662
Jul 1994	540	208	17.56	—	$9,482
Jun 1994	532	202	17.09	—	$9,092
May 1994	534	208	15.88	—	$8,480
Apr 1994	531	120	14.14	—	$7,508
Mar 1994	545	120	12.46	—	$6,791
Feb 1994	691	112	12.50	—	$8,638
Jan 1994	520	120	12.66	—	$6,583
Dec 1993	342	96	12.33	—	$4,217
Nov 1993	512	108	14.49	—	$7,419
Oct 1993	486	116	15.85	—	$7,703
Sep 1993	317	68	15.03	—	$4,765
Aug 1993	512	120	15.66	—	$8,018
Jul 1993	466	108	15.46	—	$7,204
Jun 1993	519	120	16.79	—	$8,714
May 1993	156	64	17.68	—	$2,758
Apr 1993	511	96	18.05	—	$9,224
Mar 1993	520	120	18.14	—	$9,433
Feb 1993	520	88	17.90	—	$9,308
Jan 1993	509	116	16.93	—	$8,617

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.

Sep 2008 — as filed, then multipliedworked

Oil                  341 bbl  × $101.76 =    $34,700
Casinghead gas         0 Mcf  × $  7.88 =         $0

────────────────────────────────────────────────────
Month total                                  $34,700

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/O/13019 is the state's own key, not one this site invented.