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 251124District 04Field 339723602 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.4 M
Apr 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
206
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 Gas112010-02-23197006
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
CondensateDisposition104,370 bbl$7,578,189
GasProduction2,245,634 Mcf$8,834,491
Total$16,412,680

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, -98.7078. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.27681, -98.70785 · 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
8,997 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 8,997 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-4273440338,997 ftApr 2009

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 (206)

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

206 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 20240078.082.63$0
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 202307477.892.81$208
Oct 20230085.443.09$0
Sep 2023131089.042.74$11,664
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230578.122.24$11
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230376.533.39$10
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202201987.185.86$111
Sep 2022019384.888.16$1,576
Aug 2022025094.529.13$2,282
Jul 20220182101.587.54$1,373
Jun 20220274115.097.98$2,186
May 20220243109.378.43$2,049
Apr 20220792104.226.84$5,415
Mar 20220980108.885.08$4,975
Feb 2022091191.054.86$4,426
Jan 2022077481.844.54$3,512
Dec 202101,25871.323.90$4,905
Nov 202101,24277.435.24$6,504
Oct 202101,23579.795.71$7,057
Sep 202101,08369.865.35$5,795
Aug 202101,30366.024.22$5,499
Jul 202101,26070.783.98$5,017
Jun 202101,13769.493.38$3,844
May 202101,96663.483.02$5,933
Apr 20211891,49260.362.76$15,524
Mar 202101,25461.302.72$3,407
Feb 202101,14457.805.55$6,347
Jan 2021081250.412.81$2,282
Dec 2020049144.642.68$1,314
Nov 202018335238.772.71$8,048
Oct 2020052136.972.48$1,291
Sep 2020036437.091.99$725
Aug 20200539.982.39$12
Jul 202001,66638.371.83$3,041
Jun 202002,42034.901.69$4,091
May 202003,51516.921.81$6,379
Apr 202003,54314.751.80$6,393
Mar 202002,74230.341.86$5,090
Feb 20201873,98149.881.98$17,213
Jan 202004,22557.252.09$8,850
Dec 201904,46459.012.30$10,287
Nov 201904,63155.302.75$12,738
Oct 201905,00153.472.42$12,095
Sep 20191915,01155.052.66$23,830
Aug 201903,35353.112.30$7,727
Jul 201904,84956.272.46$11,929
Jun 201904,71152.782.49$11,736
May 20191903,70858.482.74$21,272
Apr 201903,95162.632.75$10,868
Mar 201904,98156.803.06$15,252
Feb 20191913,72050.852.79$20,099
Jan 201904,60546.033.23$14,866
Dec 20181923,85246.594.19$25,068
Nov 201803,94852.934.24$16,729
Oct 201804,21461.443.40$14,320
Sep 201803,93159.543.11$12,218
Aug 20181925,53959.403.07$28,390
Jul 201806,69265.142.93$19,620
Jun 20181897,13860.183.08$33,337
May 201806,72465.382.90$19,505
Apr 20181916,87063.842.90$32,122
Mar 2018014361.222.79$399
Feb 201818421261.782.77$11,954
Jan 20181946362.874.01$12,449
Dec 2017015757.272.92$459
Nov 20170155.423.12$3
Oct 20171891049.292.98$9,346
Sep 20171347.523.09$57
Aug 2017228845.373.00$956
Jul 201721,85143.873.09$5,802
Jun 201722,58342.493.09$8,059
May 20171923,45545.373.26$19,986
Apr 201733,45547.933.21$11,240
Mar 20171923,26146.772.98$18,710
Feb 201714,48950.452.95$13,305
Jan 201725,53849.413.42$19,032
Dec 201621,30748.763.72$4,963
Nov 201621,24242.492.64$3,369
Oct 201631,21646.193.09$3,896
Sep 201611,01041.553.10$3,173
Aug 201621,23441.442.92$3,692
Jul 20161891,57441.622.92$12,469
Jun 201621,02645.352.69$2,846
May 201621,78442.521.99$3,637
Apr 2016357236.561.99$1,249
Mar 201631,78933.011.79$3,309
Feb 2016251126.472.06$1,107
Jan 2016380927.352.36$1,995
Dec 201505,71332.362.00$11,434
Nov 201503,46738.792.17$7,514
Oct 201501,55743.552.43$3,778
Sep 201501,68842.992.76$4,656
Aug 201501,79540.162.87$5,156
Jul 201502,07448.152.95$6,108
Jun 20151832,77156.152.88$18,264
May 201502,89855.212.96$8,565
Apr 201504,86549.822.71$13,167
Mar 201504,77842.892.93$14,022
Feb 201504,38544.662.98$13,051
Jan 201503,70943.433.10$11,500
Dec 20141884,46854.693.59$26,328
Nov 201402,19870.464.25$9,346
Oct 201402,55378.303.90$9,959
Sep 20141834,29786.164.05$33,151
Aug 201403,76389.394.04$15,184
Jul 201403,09996.564.18$12,953
Jun 201406,03298.164.74$28,573
May 20141827,03294.734.73$50,478
Apr 201407,15195.944.81$34,390
Mar 20141857,99495.895.06$58,164
Feb 20141857,84397.406.19$66,583
Jan 201407,99590.404.86$38,861
Dec 20131878,55091.824.35$54,401
Nov 20131848,30288.853.74$47,384
Oct 201309,66297.423.78$36,516
Sep 20131848,612104.113.72$51,173
Aug 20131837,730104.253.52$46,308
Jul 201308,419102.523.72$31,300
Jun 2013010,98794.403.93$43,216
May 201317511,36294.834.15$63,737
Apr 201336015,05093.964.28$98,279
Mar 201305,23893.623.91$20,496
Feb 20131847,81991.233.42$43,527
Jan 201317012,03291.603.42$56,720
Dec 201217913,85786.773.42$62,925
Nov 201236811,31386.953.62$73,007
Oct 20121789,34989.383.40$47,693
Sep 201218214,21694.672.92$58,718
Aug 201218316,43292.662.91$64,744
Jul 201236017,41185.133.02$83,242
Jun 201218416,73279.822.52$56,835
May 201236718,54391.612.49$79,762
Apr 201236319,994101.652.00$76,823
Mar 201272723,505105.052.22$128,601
Feb 201237123,076101.102.57$96,819
Jan 201272555,09498.092.73$221,747
Dec 201192023,48896.873.24$165,215
Nov 20111,07824,23595.723.31$183,435
Oct 201190626,07184.983.65$172,113
Sep 201172326,56483.623.99$166,336
Aug 201170330,33383.404.15$184,492
Jul 20111,11836,47494.144.52$270,010
Jun 201182938,27892.904.64$254,619
May 20111,43543,79898.134.40$333,739
Apr 20111,09238,955105.964.33$284,511
Mar 20111,64740,16796.364.06$321,676
Feb 20111,63543,87385.644.18$323,410
Jan 20112,63849,45886.504.59$455,139
Dec 20101,65641,70085.734.35$323,270
Nov 20102,37259,17580.843.80$416,341
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201071711,73772.554.74$107,611
Jun 20102,01456,29470.364.91$418,131
May 20102,54061,05571.124.24$439,226
Apr 20102,90964,26781.694.12$502,589
Mar 20103,59170,31078.394.39$590,066
Feb 20103,95870,79673.585.44$676,527
Jan 20105,08085,63674.365.96$888,490
Dec 20095,75979,73571.445.48$848,670
Nov 20095,88974,25374.593.75$717,821
Oct 20093,98151,14572.544.11$499,000
Sep 20093,06137,43465.543.06$315,344
Aug 20096,56994,78667.423.22$747,951
Jul 20097,54598,85961.133.46$803,723
Jun 20098,27694,98466.163.90$917,503
May 200910,38695,30054.743.93$942,654
Apr 20093,21933,87746.773.59$272,086

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.

Nov 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 77.89 =         $0
Gas                   74 Mcf  × $  2.81 =       $208

────────────────────────────────────────────────────
Month total                                     $208

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/251124 is the state's own key, not one this site invented.