SHEERIN GAS UNIT

Operated by WAGNER OIL COMPANY (P-5 891175) in the GARCIAS RIDGE (QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223330District 04Field 339723602 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.8 M
Nov 2005 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
247
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 55 leases and 55 wells, and the rule below applies to all of them.

Discovered
1996-12-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2019-01-23.

The Commission's schedule remark for this field reads: FILE FORM P16 WITH A LEASE PLAT PER DOCKET #04-0314952;

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-07-25172366
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition64,056 bbl$4,569,755
GasProduction1,363,848 Mcf$7,243,105
Total$11,812,860

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 26.2768, -98.7130. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.27677, -98.71296 · 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
9,458 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 9,458 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-4273389019,458 ftNov 2005

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 (247)

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

247 months

May 202601,059106.413.05$3,226
Apr 202601,16398.932.87$3,337
Mar 202601,20389.753.15$3,789
Feb 20261731,03263.503.75$14,856
Jan 202601,11459.138.00$8,910
Dec 202501,14556.664.41$5,053
Nov 202501,21458.593.93$4,767
Oct 202501,28759.383.30$4,253
Sep 202501,23762.743.08$3,806
Aug 202501,30763.933.01$3,940
Jul 202501,35366.743.32$4,485
Jun 2025851,21366.483.13$9,446
May 202501,36960.553.23$4,425
Apr 2025094562.363.54$3,348
Mar 2025741,26967.704.27$10,426
Feb 202501,21170.884.34$5,257
Jan 202501,40974.324.28$6,029
Dec 202401,27968.993.12$3,992
Nov 202401,28969.052.20$2,834
Oct 2024761,46271.372.28$8,760
Sep 202401,39569.612.36$3,298
Aug 2024521,49575.632.06$7,018
Jul 202401,39579.932.15$2,994
Jun 202401,42878.082.63$3,761
May 2024861,34078.812.20$9,724
Apr 202401,53084.451.66$2,539
Mar 202401,57580.301.55$2,434
Feb 20241801,29276.091.78$16,001
Jan 202401,45273.023.30$4,788
Dec 202301,69071.262.61$4,412
Nov 202301,38777.892.81$3,894
Oct 202301,36285.443.09$4,205
Sep 202301,45989.042.74$3,990
Aug 202301,55380.522.67$4,151
Jul 20231751,47874.852.64$17,003
Jun 202301,45468.962.26$3,284
May 202301,33170.622.23$2,965
Apr 202301,46678.122.24$3,281
Mar 202301,38972.852.39$3,324
Feb 202301,38275.112.47$3,408
Jan 202301,53376.533.39$5,193
Dec 20221811,58476.415.73$22,905
Nov 202201,41485.005.65$7,984
Oct 202201,64287.185.86$9,628
Sep 202201,54584.888.16$12,613
Aug 202201,65094.529.13$15,060
Jul 202201,663101.587.54$12,542
Jun 20221721,608115.097.98$32,623
May 202201,627109.378.43$13,721
Apr 202201,413104.226.84$9,662
Mar 202201,576108.885.08$8,000
Feb 202201,36791.054.86$6,642
Jan 202201,47881.844.54$6,707
Dec 202101,46571.323.90$5,712
Nov 20211001,56677.435.24$15,944
Oct 202101,64779.795.71$9,411
Sep 202101,53769.865.35$8,224
Aug 202101,69266.024.22$7,141
Jul 20211781,74770.783.98$19,556
Jun 202101,83769.493.38$6,210
May 202101,47163.483.02$4,439
Apr 202101,69960.362.76$4,687
Mar 202101,76861.302.72$4,804
Feb 20211841,62557.805.55$19,651
Jan 202101,52650.412.81$4,288
Dec 202001,77944.642.68$4,760
Nov 202002,00338.772.71$5,421
Oct 202002,27236.972.48$5,631
Sep 202001,88837.091.99$3,759
Aug 20201831,97739.982.39$12,032
Jul 202002,08338.371.83$3,802
Jun 202001,98234.901.69$3,350
May 202002,16516.921.81$3,929
Apr 202002,14414.751.80$3,869
Mar 202002,08030.341.86$3,861
Feb 202001,91949.881.98$3,801
Jan 20201872,23057.252.09$15,377
Dec 201902,33859.012.30$5,388
Nov 201902,28555.302.75$6,285
Oct 201902,51453.472.42$6,080
Sep 20191871,65855.052.66$14,700
Aug 201902,58853.112.30$5,964
Jul 201902,41456.272.46$5,939
Jun 201902,35852.782.49$5,874
May 201902,77958.482.74$7,615
Apr 20191891,94662.632.75$17,190
Mar 201902,82756.803.06$8,657
Feb 201902,95950.852.79$8,262
Jan 201902,36846.033.23$7,644
Dec 20181942,60146.594.19$19,925
Nov 201802,59452.934.24$10,991
Oct 201803,13861.443.40$10,663
Sep 201802,81959.543.11$8,761
Aug 201802,23059.403.07$6,838
Jul 20181912,25465.142.93$19,050
Jun 201802,12060.183.08$6,523
May 201801,86565.382.90$5,410
Apr 201801,90563.842.90$5,526
Mar 201802,19961.222.79$6,128
Feb 20181891,91061.782.77$16,960
Jan 201801,86062.874.01$7,457
Dec 201702,34957.272.92$6,863
Nov 2017632,15655.423.12$10,215
Oct 20172232,12049.292.98$17,317
Sep 2017222,17147.523.09$7,748
Aug 2017372,68845.373.00$9,755
Jul 2017312,26443.873.09$8,350
Jun 2017372,26142.493.09$8,552
May 2017298745.373.26$1,600
Apr 2017521,69047.933.21$7,920
Mar 20172312,81046.772.98$19,188
Feb 2017142,65150.452.95$8,534
Jan 2017383,05549.413.42$12,322
Dec 20162313,33048.763.72$23,661
Nov 2016373,20842.492.64$10,055
Oct 2016441,92546.193.09$7,981
Sep 2016221,29041.553.10$4,914
Aug 2016372,68241.442.92$9,376
Jul 2016282,61641.622.92$8,815
Jun 2016372,91745.352.69$9,513
May 20162193,11142.521.99$15,506
Apr 2016443,18536.561.99$7,950
Mar 20162283,32833.011.79$13,497
Feb 2016233,09126.472.06$6,987
Jan 2016413,51527.352.36$9,432
Dec 201503,32032.362.00$6,645
Nov 201504,04338.792.17$8,763
Oct 20151883,77643.552.43$17,350
Sep 201504,09342.992.76$11,290
Aug 201504,35540.162.87$12,510
Jul 20151804,02348.152.95$20,515
Jun 201504,04556.152.88$11,661
May 201504,19755.212.96$12,404
Apr 201504,04949.822.71$10,959
Mar 20151874,13642.892.93$20,158
Feb 201503,88444.662.98$11,560
Jan 201503,98943.433.10$12,368
Dec 20141794,26554.693.59$25,107
Nov 201404,42570.464.25$18,814
Oct 20141855,63078.303.90$36,448
Sep 201404,57986.164.05$18,524
Aug 201404,56989.394.04$18,436
Jul 201404,63496.564.18$19,368
Jun 201405,89198.164.74$27,905
May 201405,76394.734.73$27,239
Apr 20141834,83895.944.81$40,824
Mar 201405,12395.895.06$25,906
Feb 20141875,30297.406.19$51,044
Jan 201405,32990.404.86$25,903
Dec 20131885,69191.824.35$42,044
Nov 201305,57188.853.74$20,826
Oct 201306,42497.423.78$24,279
Sep 20131796,486104.113.72$42,749
Aug 201305,400104.253.52$19,022
Jul 20131776,037102.523.72$40,590
Jun 20131806,57894.403.93$42,866
May 201305,91494.834.15$24,538
Apr 20131857,74493.964.28$50,547
Mar 20131851,82693.623.91$24,465
Feb 201305,32991.233.42$18,225
Jan 201318512,73791.603.42$60,505
Dec 20121829,15686.773.42$47,107
Nov 20121865,50386.953.62$36,121
Oct 201204,30789.383.40$14,642
Sep 20121836,34694.672.92$35,845
Aug 20121857,42492.662.91$38,732
Jul 20121326,34585.133.02$30,404
Jun 20121816,05579.822.52$29,700
May 20121836,72391.612.49$33,494
Apr 20121836,882101.652.00$32,344
Mar 20123087,232105.052.22$48,425
Feb 201206,071101.102.57$15,604
Jan 20121815,58398.092.73$33,019
Dec 20111838,53596.873.24$45,378
Nov 20111798,76395.723.31$46,151
Oct 20115079,56784.983.65$77,990
Sep 20115349,78383.623.99$83,646
Aug 20113577,75583.404.15$61,952
Jul 20115369,48994.144.52$93,323
Jun 201171110,75092.904.64$115,931
May 20113653,89498.134.40$52,970
Apr 20115478,643105.964.33$95,413
Mar 201153810,06296.364.06$92,667
Feb 201192311,21085.644.18$125,903
Jan 201170413,91886.504.59$124,763
Dec 201054712,53685.734.35$101,398
Nov 20107406,91080.843.80$86,047
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201001,61472.554.74$7,645
Jun 20101837,69270.364.91$50,647
May 20105378,10871.124.24$72,531
Apr 201031410,11881.694.12$67,364
Mar 20102396,46878.394.39$47,121
Feb 20103307,80273.585.44$66,743
Jan 201073710,83074.365.96$119,394
Dec 20097409,33471.445.48$104,051
Nov 200936611,96674.593.75$72,190
Oct 200953812,01072.544.11$88,391
Sep 20095404,26765.543.06$48,469
Aug 20093648,51967.423.22$51,959
Jul 200937110,28961.133.46$58,325
Jun 20091,13711,77066.163.90$121,068
May 200973215,53354.743.93$101,048
Apr 20091,26215,09146.773.59$113,163
Mar 200936521,62942.144.06$103,173
Feb 20099066,94332.814.63$61,893
Jan 20097247,15535.865.37$64,392
Dec 20089308,42937.105.98$84,884
Nov 20083355,37555.496.86$55,464
Oct 20087206,99075.246.92$102,557
Sep 20087058,839101.767.88$141,366
Aug 20087218,543114.228.48$154,823
Jul 20085558,596131.0811.39$170,653
Jun 20087157,605131.3313.03$193,014
May 20089679,197123.1711.57$225,554
Apr 20083656,830110.3110.45$111,670
Mar 20088697,432101.909.66$160,374
Feb 20086678,78792.538.77$138,785
Jan 20088329,93690.388.21$156,728
Dec 200791211,01188.337.30$160,959
Nov 20079369,99091.677.29$158,647
Oct 200791112,58982.856.92$162,617
Sep 200773414,82475.846.24$148,230
Aug 200774116,37169.066.39$155,750
Jul 200774514,87470.906.39$147,835
Jun 200783810,44562.007.55$130,800
May 200792910,40858.747.85$136,234
Apr 20079048,43859.617.81$119,748
Mar 20071,0947,14956.927.30$114,472
Feb 20078048,69355.108.22$115,722
Jan 20071,13211,71150.306.73$135,718
Dec 200691618,45656.656.92$179,578
Nov 20061,29314,57354.207.62$181,090
Oct 200690913,63254.906.01$131,884
Sep 200691920,24460.085.04$157,187
Aug 20061,44424,41768.717.34$278,436
Jul 20061,08416,72369.376.34$181,267
Jun 20061833,19666.286.38$32,532
May 20061,23725,27866.016.42$244,066
Apr 20061,21829,58864.397.36$296,209
Mar 20061,62934,84156.707.08$339,140
Feb 20062,18140,84757.597.75$442,214
Jan 20063,50453,99860.598.93$694,689
Dec 20057009,97954.9413.42$172,330
Nov 20057469,79554.6910.59$144,512

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             0 bbl  × $106.41 =         $0
Gas                1,059 Mcf  × $  3.05 =     $3,226

────────────────────────────────────────────────────
Month total                                   $3,226

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. 04/G/223330 is the state's own key, not one this site invented.