SHEERIN "B"

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 240264District 04Field 339723602 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.0 M
May 2008 – May 2026
Value, last 12 filed months
$87 k
at the published price for each month
Months reported
217
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 Gas112009-05-19191544
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
CondensateDisposition37,918 bbl$3,031,764
GasProduction1,753,919 Mcf$8,930,486
Total$11,962,250

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 26.3201, -98.7303. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.32007, -98.73034 · 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
8,425 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 8,425 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-4273422318,425 ftMay 2008

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 (217)

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

217 months

May 202601,341106.413.05$4,084
Apr 202601,36198.932.87$3,906
Mar 2026221,47189.753.15$6,607
Feb 202601,17263.503.75$4,395
Jan 202601,39959.138.00$11,189
Dec 20251741,54156.664.41$16,660
Nov 202501,50758.593.93$5,917
Oct 202501,78559.383.30$5,899
Sep 202501,79562.743.08$5,523
Aug 202501,84863.933.01$5,571
Jul 202501,88766.743.32$6,256
Jun 2025702,05566.483.13$11,083
May 202502,32960.553.23$7,528
Apr 202501,39862.363.54$4,953
Mar 20251181,59667.704.27$14,801
Feb 202501,79770.884.34$7,800
Jan 202501,44774.324.28$6,191
Dec 202401,20468.993.12$3,758
Nov 2024731,25569.052.20$7,800
Oct 202401,51771.372.28$3,461
Sep 202401,21069.612.36$2,861
Aug 202401,72075.632.06$3,549
Jul 2024462,16579.932.15$8,324
Jun 202402,46178.082.63$6,482
May 2024331,91878.812.20$6,817
Apr 202401,64384.451.66$2,726
Mar 20241802,58580.301.55$18,448
Feb 202401,45876.091.78$2,601
Jan 202401,81173.023.30$5,972
Dec 202301,46971.262.61$3,835
Nov 202301,49877.892.81$4,206
Oct 202301,74685.443.09$5,390
Sep 202301,81789.042.74$4,970
Aug 2023042580.522.67$1,136
Jul 202301,45374.852.64$3,839
Jun 20231781,34868.962.26$15,319
May 202302,12270.622.23$4,727
Apr 202302,30778.122.24$5,163
Mar 202302,12072.852.39$5,074
Feb 202302,25275.112.47$5,553
Jan 20231812,81476.533.39$23,385
Dec 202202,72876.415.73$15,629
Nov 202202,01085.005.65$11,349
Oct 202202,72787.185.86$15,990
Sep 202202,17484.888.16$17,748
Aug 20221843,02994.529.13$45,038
Jul 202201,909101.587.54$14,398
Jun 202201,768115.097.98$14,104
May 202201,640109.378.43$13,830
Apr 202201,567104.226.84$10,715
Mar 202201,500108.885.08$7,615
Feb 202201,33191.054.86$6,467
Jan 202201,56081.844.54$7,079
Dec 202101,68871.323.90$6,582
Nov 20211831,67577.435.24$22,941
Oct 202102,31279.795.71$13,210
Sep 202102,24869.865.35$12,029
Aug 202102,89366.024.22$12,210
Jul 202103,23970.783.98$12,898
Jun 202103,08869.493.38$10,439
May 202103,47863.483.02$10,495
Apr 20211834,06160.362.76$22,248
Mar 202103,77461.302.72$10,254
Feb 202102,12757.805.55$11,800
Jan 20211842,23650.412.81$15,559
Dec 202002,53044.642.68$6,769
Nov 202002,37638.772.71$6,431
Oct 202002,44636.972.48$6,062
Sep 202002,49737.091.99$4,972
Aug 202001,97239.982.39$4,703
Jul 202002,03338.371.83$3,710
Jun 202002,18534.901.69$3,693
May 20201822,44416.921.81$7,515
Apr 202002,35614.751.80$4,251
Mar 202002,34230.341.86$4,347
Feb 202002,10449.881.98$4,167
Jan 20201862,31957.252.09$15,506
Dec 201902,26259.012.30$5,212
Nov 201902,17555.302.75$5,983
Oct 201902,40353.472.42$5,812
Sep 20191252,06155.052.66$12,358
Aug 201902,11753.112.30$4,878
Jul 201902,32756.272.46$5,725
Jun 201902,10652.782.49$5,246
May 201902,46958.482.74$6,766
Apr 201902,72262.632.75$7,487
Mar 201902,10556.803.06$6,446
Feb 201902,34350.852.79$6,542
Jan 201902,23846.033.23$7,225
Dec 20181912,37046.594.19$18,818
Nov 201802,56852.934.24$10,881
Oct 201802,95661.443.40$10,045
Sep 201803,62559.543.11$11,267
Aug 201802,94459.403.07$9,028
Jul 201802,91965.142.93$8,558
Jun 20181902,92260.183.08$20,425
May 201803,09765.382.90$8,984
Apr 201803,15963.842.90$9,164
Mar 20181916,54061.222.79$29,919
Feb 201805,56161.782.77$15,382
Jan 201805,42962.874.01$21,767
Dec 201707,12657.272.92$20,819
Nov 20172387,00655.423.12$35,037
Oct 2017263,81849.292.98$12,673
Sep 2017173,25447.523.09$10,854
Aug 2017262,95945.373.00$10,070
Jul 2017224,05843.873.09$13,493
Jun 20172224,28242.493.09$22,653
May 2017293,94945.373.26$14,203
Apr 2017283,82447.933.21$13,623
Mar 20172201,71946.772.98$15,418
Feb 2017301,62350.452.95$6,306
Jan 2017311,77549.413.42$7,600
Dec 2016271,85048.763.72$8,204
Nov 2016292,00842.492.64$6,542
Oct 20162242,21346.193.09$17,185
Sep 2016185,03741.553.10$16,366
Aug 2016265,00441.442.92$15,711
Jul 2016295,99941.622.92$18,750
Jun 20162085,78645.352.69$24,973
May 2016286,89442.521.99$14,917
Apr 2016267,29636.561.99$15,477
Mar 20162158,51833.011.79$22,379
Feb 2016255,04026.472.06$11,062
Jan 2016216,87127.352.36$16,820
Dec 20151944,64332.362.00$15,570
Nov 201504,30638.792.17$9,333
Oct 20151864,61143.552.43$19,289
Sep 201504,56042.992.76$12,578
Aug 201504,87240.162.87$13,995
Jul 20151825,14548.152.95$23,916
Jun 201505,07456.152.88$14,628
May 201505,26855.212.96$15,569
Apr 20151835,77449.822.71$24,745
Mar 201506,01742.892.93$17,658
Feb 201505,13144.662.98$15,271
Jan 201505,88643.433.10$18,250
Dec 20141835,92954.693.59$31,301
Nov 201405,82170.464.25$24,750
Oct 201406,91978.303.90$26,991
Sep 201406,75886.164.05$27,339
Aug 20141746,97489.394.04$43,695
Jul 201406,99396.564.18$29,228
Jun 20141836,92698.164.74$50,771
May 201407,01194.734.73$33,138
Apr 201407,14995.944.81$34,380
Mar 20141797,49695.895.06$55,070
Feb 201406,69697.406.19$41,462
Jan 20141857,68090.404.86$54,054
Dec 201307,94891.824.35$34,609
Nov 20131797,87488.853.74$45,339
Oct 201307,13697.423.78$26,970
Sep 201307,607104.113.72$28,281
Aug 20131837,758104.253.52$46,406
Jul 201307,904102.523.72$29,385
Jun 20131838,54294.403.93$50,874
May 20131835,49694.834.15$40,157
Apr 201308,68193.964.28$37,177
Mar 201303,05393.623.91$11,946
Feb 20131704,72091.233.42$31,651
Jan 20131808,02391.603.42$43,926
Dec 201208,80086.773.42$30,097
Nov 20121787,80786.953.62$43,777
Oct 201205,75789.383.40$19,572
Sep 20121809,29394.672.92$44,161
Aug 20121719,72592.662.91$44,127
Jul 201218510,69985.133.02$48,069
Jun 201209,73779.822.52$24,528
May 201218011,76191.612.49$45,755
Apr 20121839,639101.652.00$37,849
Mar 201218311,416105.052.22$44,591
Feb 201218311,089101.102.57$47,003
Jan 201218612,03698.092.73$51,152
Dec 201118012,48096.873.24$57,869
Nov 201118411,99995.723.31$57,345
Oct 201118213,49284.983.65$64,692
Sep 201118311,80483.623.99$62,351
Aug 201118114,44383.404.15$75,024
Jul 201117815,13994.144.52$85,143
Jun 201118112,64392.904.64$75,477
May 201136214,35398.134.40$98,745
Apr 201136314,668105.964.33$102,024
Mar 201143915,24696.364.06$104,160
Feb 201118213,86585.644.18$73,542
Jan 201133914,18386.504.59$94,406
Dec 20103669,43685.734.35$72,403
Nov 201037015,11780.843.80$87,285
Oct 201036516,32178.103.51$85,775
Sep 201036620,02772.633.98$106,279
Aug 201054719,38673.684.42$125,977
Jul 20101825,61472.554.74$39,795
Jun 201017919,50570.364.91$108,372
May 20103658,44171.124.24$61,708
Apr 201037119,57781.694.12$111,017
Mar 201074718,96478.394.39$141,784
Feb 201056617,16273.585.44$135,048
Jan 201055919,45774.365.96$157,611
Dec 200956121,69271.445.48$159,031
Nov 200992724,59174.593.75$161,398
Oct 200973823,69772.544.11$150,935
Sep 20093568,31365.543.06$48,810
Aug 200973021,72167.423.22$119,126
Jul 200954525,35261.133.46$121,148
Jun 200990725,40166.163.90$158,944
May 200971926,70354.743.93$144,187
Apr 200973227,46746.773.59$132,774
Mar 20091,28630,34842.144.06$177,375
Feb 200990630,16032.814.63$169,457
Jan 200956836,54935.865.37$216,673
Dec 200884940,75437.105.98$275,090
Nov 20081,42740,56655.496.86$357,482
Oct 20081,25351,15875.246.92$448,390
Sep 20081,46249,650101.767.88$539,871
Aug 20081,61464,145114.228.48$728,494
Jul 20082,70781,332131.0811.39$1,281,159
Jun 20082,16669,523131.3313.03$1,190,528
May 200853321,595123.1711.57$315,596

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                1,341 Mcf  × $  3.05 =     $4,084

────────────────────────────────────────────────────
Month total                                   $4,084

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/240264 is the state's own key, not one this site invented.