SHEERIN "C"

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 241585District 04Field 339723602 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
Aug 2008 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
214
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 Gas112009-05-13191546
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
CondensateDisposition34,288 bbl$2,444,605
GasProduction1,423,482 Mcf$6,559,469
Total$9,004,074

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 26.3139, -98.7303. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.31389, -98.73028 · 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
8,465 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 8,465 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-4273433218,465 ftAug 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 (214)

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

214 months

May 20260534106.413.05$1,626
Apr 202612751498.932.87$14,039
Mar 2026040289.753.15$1,266
Feb 2026041763.503.75$1,564
Jan 2026044159.138.00$3,527
Dec 2025045556.664.41$2,008
Nov 2025043858.593.93$1,720
Oct 2025044959.383.30$1,484
Sep 2025043462.743.08$1,335
Aug 2025044763.933.01$1,348
Jul 2025043866.743.32$1,452
Jun 2025045166.483.13$1,411
May 2025052060.553.23$1,681
Apr 2025050262.363.54$1,779
Mar 2025051767.704.27$2,207
Feb 2025045270.884.34$1,962
Jan 2025067074.324.28$2,867
Dec 202411768168.993.12$10,197
Nov 2024064969.052.20$1,427
Oct 2024068271.372.28$1,556
Sep 2024062369.612.36$1,473
Aug 2024057375.632.06$1,182
Jul 2024052179.932.15$1,118
Jun 2024051978.082.63$1,367
May 2024047778.812.20$1,049
Apr 2024049484.451.66$820
Mar 2024049980.301.55$771
Feb 2024047076.091.78$838
Jan 2024054273.023.30$1,787
Dec 2023062371.262.61$1,626
Nov 2023046277.892.81$1,297
Oct 2023038285.443.09$1,179
Sep 2023040689.042.74$1,110
Aug 202315015880.522.67$12,500
Jul 2023061074.852.64$1,612
Jun 2023060868.962.26$1,373
May 2023062670.622.23$1,394
Apr 2023062078.122.24$1,387
Mar 2023052272.852.39$1,249
Feb 2023058575.112.47$1,442
Jan 2023062776.533.39$2,124
Dec 2022063776.415.73$3,649
Nov 2022062085.005.65$3,501
Oct 2022060887.185.86$3,565
Sep 2022050084.888.16$4,082
Aug 2022058594.529.13$5,339
Jul 20220615101.587.54$4,638
Jun 20220670115.097.98$5,345
May 20220652109.378.43$5,498
Apr 20220672104.226.84$4,595
Mar 20220779108.885.08$3,955
Feb 2022098991.054.86$4,805
Jan 2022067081.844.54$3,040
Dec 202115163271.323.90$13,234
Nov 2021058577.435.24$3,064
Oct 2021078379.795.71$4,474
Sep 2021088969.865.35$4,757
Aug 2021080466.024.22$3,393
Jul 2021075270.783.98$2,995
Jun 2021081869.493.38$2,765
May 2021077763.483.02$2,345
Apr 2021074160.362.76$2,044
Mar 2021079461.302.72$2,157
Feb 2021048557.805.55$2,691
Jan 2021073950.412.81$2,077
Dec 2020084444.642.68$2,258
Nov 2020088738.772.71$2,401
Oct 202018885436.972.48$9,067
Sep 2020072737.091.99$1,447
Aug 2020063339.982.39$1,510
Jul 2020083138.371.83$1,517
Jun 2020080234.901.69$1,356
May 2020082116.921.81$1,490
Apr 2020082514.751.80$1,489
Mar 2020084030.341.86$1,559
Feb 2020077949.881.98$1,543
Jan 2020073557.252.09$1,540
Dec 2019082359.012.30$1,896
Nov 2019080255.302.75$2,206
Oct 2019081853.472.42$1,978
Sep 2019082755.052.66$2,198
Aug 2019087753.112.30$2,021
Jul 2019073856.272.46$1,816
Jun 2019053752.782.49$1,338
May 2019087858.482.74$2,406
Apr 2019093062.632.75$2,558
Mar 201918994456.803.06$13,626
Feb 2019086250.852.79$2,407
Jan 2019095746.033.23$3,089
Dec 2018095246.594.19$3,985
Nov 2018094852.934.24$4,017
Oct 201801,01961.443.40$3,463
Sep 2018098959.543.11$3,074
Aug 2018097559.403.07$2,990
Jul 2018094465.142.93$2,768
Jun 2018097760.183.08$3,006
May 201801,00765.382.90$2,921
Apr 201801,02763.842.90$2,979
Mar 201801,88261.222.79$5,245
Feb 201801,60061.782.77$4,426
Jan 201801,56262.874.01$6,263
Dec 201702,05057.272.92$5,989
Nov 20171902,01655.423.12$16,816
Oct 20171961,09849.292.98$12,937
Sep 2017498947.523.09$3,243
Aug 2017698745.373.00$3,238
Jul 201751,25943.873.09$4,106
Jun 201771,31442.493.09$4,354
May 201771,31245.373.26$4,599
Apr 201761,24947.933.21$4,299
Mar 2017755046.772.98$1,968
Feb 2017753750.452.95$1,939
Jan 2017764549.413.42$2,551
Dec 2016664148.763.72$2,679
Nov 2016657142.492.64$1,765
Oct 2016864046.193.09$2,347
Sep 201641,41441.553.10$4,550
Aug 201661,32741.442.92$4,129
Jul 201672,10741.622.92$6,453
Jun 201642,25545.352.69$6,238
May 20161942,36542.521.99$12,958
Apr 201662,71236.561.99$5,619
Mar 201673,07533.011.79$5,748
Feb 201681,58526.472.06$3,483
Jan 201672,62727.352.36$6,403
Dec 201501,23532.362.00$2,472
Nov 201501,52038.792.17$3,294
Oct 201501,74543.552.43$4,234
Sep 201501,72642.992.76$4,761
Aug 201501,84440.162.87$5,297
Jul 201501,95548.152.95$5,758
Jun 201501,93756.152.88$5,584
May 20151782,00855.212.96$15,762
Apr 201501,97149.822.71$5,335
Mar 20151872,02742.892.93$13,969
Feb 201501,93444.662.98$5,756
Jan 201502,13043.433.10$6,604
Dec 201402,27054.693.59$8,152
Nov 201402,24270.464.25$9,533
Oct 201402,64778.303.90$10,326
Sep 201402,54586.164.05$10,296
Aug 20141712,70089.394.04$26,181
Jul 201402,76096.564.18$11,536
Jun 201402,77498.164.74$13,140
May 201402,80594.734.73$13,258
Apr 20141892,68595.944.81$31,045
Mar 201402,90695.895.06$14,695
Feb 201402,64197.406.19$16,353
Jan 20141873,14390.404.86$32,182
Dec 20131893,29391.824.35$31,693
Nov 201303,48688.853.74$13,032
Oct 201303,68297.423.78$13,916
Sep 201303,743104.113.72$13,916
Aug 20131763,527104.253.52$30,772
Jul 20131843,442102.523.72$31,660
Jun 201303,39194.403.93$13,338
May 201301,77594.834.15$7,365
Apr 201303,61093.964.28$15,460
Mar 201301,17393.623.91$4,590
Feb 20131852,68891.233.42$26,070
Jan 20131784,15691.603.42$30,518
Dec 201204,75486.773.42$16,259
Nov 201204,03386.953.62$14,619
Oct 20121823,08189.383.40$26,742
Sep 201206,77494.672.92$19,769
Aug 20121857,43292.662.91$38,756
Jul 201206,57985.133.02$19,874
Jun 20121837,90779.822.52$34,525
May 201208,69691.612.49$21,638
Apr 20121829,018101.652.00$36,507
Mar 20121839,923105.052.22$41,274
Feb 201209,007101.102.57$23,150
Jan 201236210,65598.092.73$64,640
Dec 201118011,15796.873.24$53,582
Nov 201118212,12995.723.31$57,584
Oct 201118114,14684.983.65$66,994
Sep 201136315,39783.623.99$91,723
Aug 201136013,26383.404.15$85,056
Jul 201135914,30494.144.52$98,411
Jun 201136313,79692.904.64$97,734
May 201136915,55398.134.40$104,718
Apr 201136715,235105.964.33$104,905
Mar 201136615,80696.364.06$99,398
Feb 201137014,78085.644.18$93,467
Jan 201160016,93686.504.59$129,616
Dec 201018510,57285.734.35$61,824
Nov 201073517,09280.843.80$124,287
Oct 201055119,38778.103.51$111,060
Sep 201054322,66772.633.98$129,641
Aug 201054818,01073.684.42$119,969
Jul 201006,35372.554.74$30,091
Jun 201074122,24770.364.91$161,378
May 201036512,39771.124.24$78,463
Apr 201055222,72681.694.12$138,785
Mar 201056117,48878.394.39$120,726
Feb 201072121,44973.585.44$169,784
Jan 201055622,53974.365.96$175,769
Dec 200974222,97871.445.48$179,014
Nov 200989427,68074.593.75$170,525
Oct 200973029,09172.544.11$172,525
Sep 200953812,95865.543.06$74,974
Aug 200990933,95367.423.22$170,563
Jul 200955440,30261.133.46$173,492
Jun 20091,08841,44966.163.90$233,426
May 200971646,44954.743.93$221,541
Apr 200991551,36946.773.59$227,081
Mar 20091,62256,60842.144.06$298,123
Feb 200992749,77532.814.63$261,022
Jan 20091,68362,33535.865.37$395,154
Dec 20081,28849,93737.105.98$346,265
Nov 20081,62249,92155.496.86$432,481
Oct 20082,15263,85875.246.92$603,940
Sep 20081,99165,811101.767.88$721,003
Aug 20081,07146,990114.228.48$520,947

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                  534 Mcf  × $  3.05 =     $1,626

────────────────────────────────────────────────────
Month total                                   $1,626

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/241585 is the state's own key, not one this site invented.