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SHEERIN UNIT

Operated by KAISER-FRANCIS OIL COMPANY (P-5 450175) 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 286019District 04Field 33972360CondensateGasSaveExport
Value, all time
$2.5 M
Sep 2018 – May 2026
Value, last 12 filed months
$109 k
at the published price for each month
Months reported
93
no gaps in the span
Streams
2
condensate, gas

The GARCIAS RIDGE (QUEEN CITY) field

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;”

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
CondensateDisposition20,931 bbl$1,268,875
GasProduction384,261 Mcf$1,264,417
Total$2,533,291

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 26.3370, -98.7097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.33701, -98.70970 · 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
8,834 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 8,834 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-427347701H8,834 ftSep 2018——

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 (93)

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

93 months

May 20260276106.413.05$841
Apr 2026059298.932.87$1,699
Mar 202618333389.753.15$17,473
Feb 2026029463.503.75$1,103
Jan 20261891,07459.138.00$19,765
Dec 2025063156.664.41$2,785
Nov 202501,00058.593.93$3,926
Oct 202518994659.383.30$14,349
Sep 2025081262.743.08$2,498
Aug 202518983063.933.01$14,585
Jul 2025079966.743.32$2,649
Jun 202537479366.483.13$27,345
May 2025094060.553.23$3,038
Apr 2025097362.363.54$3,447
Mar 20251731,21467.704.27$16,894
Feb 202501,19570.884.34$5,187
Jan 20251761,19874.324.28$18,206
Dec 20241851,17068.993.12$16,415
Nov 202401,15969.052.20$2,548
Oct 20241851,65471.372.28$16,977
Sep 20241821,63069.612.36$16,523
Aug 202401,59875.632.06$3,298
Jul 20241811,59379.932.15$17,887
Jun 20241911,78678.082.63$19,618
May 202401,63478.812.20$3,592
Apr 20241871,68184.451.66$18,581
Mar 20241891,77680.301.55$17,921
Feb 202401,49076.091.78$2,658
Jan 20241681,65073.023.30$17,709
Dec 20231731,67571.262.61$16,701
Nov 20231771,77077.892.81$18,756
Oct 202301,86985.443.09$5,770
Sep 20231872,26989.042.74$22,856
Aug 2023073780.522.67$1,970
Jul 20231901,77574.852.64$18,911
Jun 202301,92468.962.26$4,345
May 20231872,07770.622.23$17,832
Apr 20231832,45578.122.24$19,790
Mar 20231842,04072.852.39$18,286
Feb 202301,95875.112.47$4,828
Jan 20233872,53976.533.39$38,219
Dec 20223702,64276.415.73$43,408
Nov 202202,56285.005.65$14,466
Oct 20221862,88787.185.86$33,144
Sep 202202,78584.888.16$22,736
Aug 20221862,58094.529.13$41,129
Jul 202202,865101.587.54$21,608
Jun 20221832,819115.097.98$43,549
May 20223604,734109.378.43$79,295
Apr 202202,936104.226.84$20,075
Mar 20223783,005108.885.08$56,411
Feb 202202,99591.054.86$14,552
Jan 20223853,06581.844.54$45,416
Dec 20211913,02271.323.90$25,405
Nov 20211873,13377.435.24$30,886
Oct 20213823,35879.795.71$49,667
Sep 202103,19969.865.35$17,118
Aug 202103,18066.024.22$13,421
Jul 20211903,00970.783.98$25,430
Jun 20213803,33069.493.38$37,664
May 20211893,73963.483.02$23,281
Apr 20213693,49960.362.76$31,925
Mar 20211864,07861.302.72$22,481
Feb 20211873,17757.805.55$28,434
Jan 20213745,26650.412.81$33,652
Dec 202003,99444.642.68$10,686
Nov 20201853,96738.772.71$17,909
Oct 20203704,34136.972.48$24,438
Sep 20201844,73037.091.99$16,242
Aug 20201873,95739.982.39$16,914
Jul 20203705,03338.371.83$23,383
Jun 20203714,30334.901.69$20,221
May 202004,72216.921.81$8,569
Apr 20201855,01314.751.80$11,774
Mar 20207436,63430.341.86$34,857
Feb 20201876,25049.881.98$21,707
Jan 20201906,80657.252.09$25,134
Dec 20195537,15159.012.30$49,111
Nov 20193717,68955.302.75$41,666
Oct 20193718,86753.472.42$41,283
Sep 20193718,72155.052.66$43,598
Aug 201918410,39853.112.30$33,733
Jul 201975111,92456.272.46$71,593
Jun 201918910,67452.782.49$36,566
May 201956612,46158.482.74$67,247
Apr 201937913,36362.632.75$60,494
Mar 201976318,22156.803.06$99,133
Feb 201995420,34250.852.79$105,310
Jan 20191,87326,66846.033.23$172,303
Dec 20181,34231,33246.594.19$193,662
Nov 201803,02652.934.24$12,822
Oct 20180061.443.40$0
Sep 20180059.543.11$0

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                  276 Mcf  × $  3.05 =       $841

────────────────────────────────────────────────────
Month total                                     $841

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/286019 is the state's own key, not one this site invented.