SHEERIN "D"

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 263061District 04Field 339723602 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Sep 2011 – May 2026
Value, last 12 filed months
$91 k
at the published price for each month
Months reported
177
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 Gas112012-12-20207686
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
CondensateDisposition23,169 bbl$1,968,042
GasProduction1,606,705 Mcf$5,290,445
Total$7,258,487

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 26.3104, -98.7310. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.31037, -98.73095 · 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
8,353 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 8,353 ft.

Completions filed
Sep 2011
1 of 1 wells

1 well

42-4273455438,353 ftSep 2011

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 (177)

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

177 months

May 2026631,563106.413.05$11,464
Apr 2026561,54898.932.87$9,982
Mar 202601,29189.753.15$4,066
Feb 202601,50063.503.75$5,625
Jan 202601,66659.138.00$13,325
Dec 202501,70256.664.41$7,512
Nov 202501,66758.593.93$6,545
Oct 202501,72959.383.30$5,714
Sep 202501,68362.743.08$5,178
Aug 202501,76363.933.01$5,315
Jul 2025721,75866.743.32$10,633
Jun 202501,76766.483.13$5,528
May 202501,87560.553.23$6,061
Apr 202501,73262.363.54$6,137
Mar 2025831,78767.704.27$13,247
Feb 202501,45670.884.34$6,320
Jan 202501,75974.324.28$7,526
Dec 202401,83868.993.12$5,737
Nov 202401,82369.052.20$4,008
Oct 202401,96071.372.28$4,472
Sep 202401,84169.612.36$4,353
Aug 2024992,00075.632.06$11,615
Jul 202402,04179.932.15$4,381
Jun 202401,93078.082.63$5,084
May 202401,86578.812.20$4,100
Apr 2024232,04484.451.66$5,334
Mar 202402,05780.301.55$3,178
Feb 202402,02976.091.78$3,619
Jan 20241852,17173.023.30$20,668
Dec 202302,00771.262.61$5,240
Nov 202302,03377.892.81$5,708
Oct 202302,02985.443.09$6,264
Sep 202302,29889.042.74$6,285
Aug 2023069380.522.67$1,852
Jul 202302,16374.852.64$5,714
Jun 202302,24368.962.26$5,066
May 202302,21370.622.23$4,929
Apr 202302,28378.122.24$5,109
Mar 20231852,00972.852.39$18,285
Feb 202302,03575.112.47$5,018
Jan 202302,21876.533.39$7,514
Dec 202202,18876.415.73$12,535
Nov 202202,38085.005.65$13,438
Oct 202202,52687.185.86$14,812
Sep 202202,22084.888.16$18,123
Aug 202202,03994.529.13$18,610
Jul 202202,558101.587.54$19,293
Jun 202202,378115.097.98$18,970
May 20221822,476109.378.43$40,786
Apr 202202,560104.226.84$17,504
Mar 202202,621108.885.08$13,305
Feb 202202,41591.054.86$11,734
Jan 202202,64381.844.54$11,993
Dec 2021272,70171.323.90$12,457
Nov 202102,68677.435.24$14,066
Oct 202102,59379.795.71$14,816
Sep 20211802,82769.865.35$27,702
Aug 202102,83666.024.22$11,970
Jul 202102,72970.783.98$10,867
Jun 202102,56469.493.38$8,668
May 202102,84363.483.02$8,579
Apr 202102,73360.362.76$7,539
Mar 202102,98861.302.72$8,118
Feb 202102,29957.805.55$12,755
Jan 202101,77250.412.81$4,980
Dec 20201813,29544.642.68$16,895
Nov 202003,20938.772.71$8,685
Oct 202003,05036.972.48$7,559
Sep 202002,79037.091.99$5,555
Aug 202002,76739.982.39$6,600
Jul 202003,26638.371.83$5,961
Jun 202003,37834.901.69$5,710
May 202003,47916.921.81$6,314
Apr 20201863,35514.751.80$8,797
Mar 202003,33230.341.86$6,185
Feb 202003,12749.881.98$6,194
Jan 202003,40757.252.09$7,137
Dec 201903,50559.012.30$8,077
Nov 201903,57455.302.75$9,831
Oct 201903,67953.472.42$8,898
Sep 20191893,66155.052.66$20,133
Aug 201903,72353.112.30$8,579
Jul 201903,99556.272.46$9,828
Jun 201903,64652.782.49$9,083
May 201901,94958.482.74$5,341
Apr 201903,70762.632.75$10,197
Mar 201904,73056.803.06$14,484
Feb 201903,37050.852.79$9,410
Jan 201903,84746.033.23$12,419
Dec 20181893,95946.594.19$25,376
Nov 201804,14152.934.24$17,546
Oct 201804,26461.443.40$14,489
Sep 201804,20559.543.11$13,069
Aug 201804,38859.403.07$13,456
Jul 201804,41865.142.93$12,953
Jun 20181914,53360.183.08$25,442
May 201804,77865.382.90$13,860
Apr 201804,87463.842.90$14,139
Mar 201804,27261.222.79$11,905
Feb 201803,63261.782.77$10,047
Jan 201803,54662.874.01$14,217
Dec 20171904,65457.272.92$24,478
Nov 20172364,57655.423.12$27,349
Oct 2017344,99749.292.98$16,585
Sep 2017234,36447.523.09$14,566
Aug 2017344,45145.373.00$14,915
Jul 2017295,43243.873.09$18,042
Jun 2017425,62742.493.09$19,157
May 2017385,92245.373.26$21,050
Apr 20172265,46947.933.21$28,396
Mar 2017396,50246.772.98$21,224
Feb 2017395,83350.452.95$19,190
Jan 2017405,72949.413.42$21,563
Dec 2016356,41448.763.72$25,585
Nov 2016376,58342.492.64$18,980
Oct 2016447,31946.193.09$24,650
Sep 20162116,27641.553.10$28,227
Aug 2016336,30541.442.92$19,805
Jul 2016386,61141.622.92$20,914
Jun 20162125,94645.352.69$25,584
May 2016376,56042.521.99$14,634
Apr 20162245,30836.561.99$18,758
Mar 2016327,04733.011.79$13,699
Feb 2016256,32826.472.06$13,720
Jan 20162115,33327.352.36$18,380
Dec 201507,71332.362.00$15,437
Nov 201506,13938.792.17$13,305
Oct 201507,56443.552.43$18,355
Sep 20151887,48042.992.76$28,715
Aug 201507,99140.162.87$22,954
Jul 201508,68448.152.95$25,575
Jun 20155408,84556.152.88$55,820
May 201509,04055.212.96$26,717
Apr 20151838,77649.822.71$32,870
Mar 201509,89642.892.93$29,042
Feb 201508,21744.662.98$24,455
Jan 201508,72843.433.10$27,062
Dec 2014011,30454.693.59$40,597
Nov 20141749,72970.464.25$53,626
Oct 2014013,34678.303.90$52,062
Sep 2014012,85686.164.05$52,008
Aug 2014012,84689.394.04$51,835
Jul 201417814,78996.564.18$79,000
Jun 2014015,08198.164.74$71,437
May 2014015,02394.734.73$71,007
Apr 20141789,52795.944.81$62,894
Mar 2014011,51195.895.06$58,209
Feb 201418813,21997.406.19$100,163
Jan 2014016,54590.404.86$80,421
Dec 201317615,27891.824.35$82,688
Nov 2013018,07488.853.74$67,566
Oct 201318316,88397.423.78$81,635
Sep 2013019,573104.113.72$72,767
Aug 201318225,839104.253.52$109,994
Jul 201335324,092102.523.72$125,757
Jun 201318023,76094.403.93$110,450
May 201336824,83994.834.15$137,956
Apr 201318633,51693.964.28$161,012
Mar 2013011,42493.623.91$44,701
Feb 201335519,18691.233.42$98,001
Jan 201318622,96691.603.42$95,579
Dec 201254123,89286.773.42$128,657
Nov 201254225,91986.953.62$141,082
Oct 201254017,79189.383.40$108,749
Sep 201235329,29694.672.92$118,916
Aug 201271633,04692.662.91$162,448
Jul 201253534,45185.133.02$149,614
Jun 201254036,77679.822.52$135,743
May 201290342,92191.612.49$189,525
Apr 201273344,959101.652.00$164,284
Mar 20121,25953,307105.052.22$250,710
Feb 20121,07855,418101.102.57$251,423
Jan 20121,61866,38998.092.73$340,222
Dec 20111,83370,47896.873.24$405,893
Nov 20111,44057,19595.723.31$327,225
Oct 20112,54075,16784.983.65$490,099
Sep 2011020,34083.623.99$81,071

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            63 bbl  × $106.41 =     $6,704
Gas                1,563 Mcf  × $  3.05 =     $4,761

────────────────────────────────────────────────────
Month total                                  $11,464

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/263061 is the state's own key, not one this site invented.