CANNON, T. P. GU

Operated by SABINE ENERGY INC. (P-5 103925) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 256094District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.4 M
Jan 2010 – May 2026
Value, last 12 filed months
$225 k
at the published price for each month
Months reported
197
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112010-09-21199563
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
CondensateDisposition17,836 bbl$1,357,621
GasProduction3,089,415 Mcf$11,059,868
Total$12,417,489

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 32.2006, -94.8018. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20064, -94.80179 · 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
10,767 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 10,767 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-401350755H10,767 ftMay 2010

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 (197)

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

197 months

May 202644,439106.413.05$13,946
Apr 202644,50798.932.87$13,330
Mar 20261794,86989.753.15$31,400
Feb 202613,71063.503.75$13,977
Jan 202634,30659.138.00$34,616
Dec 202514,44956.664.41$19,692
Nov 202534,35458.593.93$17,271
Oct 202504,37559.383.30$14,459
Sep 202514,49162.743.08$13,881
Aug 202514,31663.933.01$13,076
Jul 20251524,60166.743.32$25,398
Jun 202524,40166.483.13$13,902
May 202503,84060.553.23$12,412
Apr 202514,61562.363.54$16,414
Mar 202505,15367.704.27$21,995
Feb 202534,00570.884.34$17,598
Jan 202504,67674.324.28$20,007
Dec 202414,45068.993.12$13,959
Nov 20241834,76869.052.20$23,118
Oct 202414,45571.372.28$10,235
Sep 202415,07169.612.36$12,059
Aug 202434,63475.632.06$9,790
Jul 202415,39179.932.15$11,652
Jun 202413,74278.082.63$9,934
May 202425,19378.812.20$11,574
Apr 202413,92884.451.66$6,602
Mar 20241724,54680.301.55$20,836
Feb 202423,92176.091.78$7,146
Jan 202403,27173.023.30$10,787
Dec 202324,20471.262.61$11,118
Nov 202314,14777.892.81$11,721
Oct 202314,51185.443.09$14,012
Sep 202324,44389.042.74$12,330
Aug 20231784,83480.522.67$27,253
Jul 202324,33774.852.64$11,607
Jun 202314,97968.962.26$11,314
May 202314,79770.622.23$10,755
Apr 202324,31078.122.24$9,801
Mar 202344,32372.852.39$10,637
Feb 202313,60675.112.47$8,966
Jan 202314,60576.533.39$15,677
Dec 20221684,76676.415.73$40,142
Nov 202213,80985.005.65$21,591
Oct 202215,00287.185.86$29,418
Sep 202214,09984.888.16$33,548
Aug 202214,81794.529.13$44,060
Jul 202214,680101.587.54$35,399
Jun 202216,318115.097.98$50,515
May 202226,727109.378.43$56,948
Apr 20221816,613104.226.84$64,081
Mar 202237,287108.885.08$37,318
Feb 202215,04291.054.86$24,589
Jan 202227,37781.844.54$33,638
Dec 202107,18271.323.90$28,003
Nov 20211856,43977.435.24$48,045
Oct 202157,23879.795.71$41,756
Sep 202126,77769.865.35$36,403
Aug 202187,00166.024.22$30,077
Jul 202166,69170.783.98$27,069
Jun 202116,82269.493.38$23,132
May 20211877,12263.483.02$33,363
Apr 202117,46360.362.76$20,646
Mar 202128,53761.302.72$23,317
Feb 202125,84857.805.55$32,560
Jan 202116,94850.412.81$19,576
Dec 2020927,78844.642.68$24,943
Nov 202014,61938.772.71$12,540
Oct 202027,60536.972.48$18,922
Sep 20201827,36037.091.99$21,404
Aug 202007,92739.982.39$18,907
Jul 20201808,00638.371.83$21,519
Jun 202027,84434.901.69$13,329
May 202018,02516.921.81$14,580
Apr 202037,93214.751.80$14,357
Mar 202028,20830.341.86$15,297
Feb 20201808,46249.881.98$25,739
Jan 202038,88457.252.09$18,781
Dec 201929,25759.012.30$21,449
Nov 201918,95955.302.75$24,699
Oct 20191849,06453.472.42$31,760
Sep 201968,80955.052.66$23,738
Aug 201908,33753.112.30$19,211
Jul 201918,93256.272.46$22,030
Jun 20191818,79552.782.49$31,463
May 201939,48158.482.74$26,156
Apr 2019539,28062.632.75$28,846
Mar 201919,64056.803.06$29,575
Feb 20191819,22050.852.79$34,948
Jan 2019510,10546.033.23$32,851
Dec 201869,28046.594.19$39,120
Nov 20181818,45252.934.24$45,393
Oct 201819,78161.443.40$33,298
Sep 2018110,20959.543.11$31,789
Aug 201817710,61859.403.07$43,075
Jul 2018512,11465.142.93$35,842
Jun 2018012,46860.183.08$38,363
May 2018112,96465.382.90$37,671
Apr 201835812,23263.842.90$58,337
Mar 2018113,14461.222.79$36,691
Feb 2018012,08761.782.77$33,434
Jan 2018013,33462.874.01$53,460
Dec 201718113,37957.272.92$49,453
Nov 2017013,13155.423.12$40,947
Oct 2017113,78749.292.98$41,185
Sep 201718113,53747.523.09$50,394
Aug 2017214,00145.373.00$42,155
Jul 201718114,22843.873.09$51,866
Jun 2017113,81142.493.09$42,681
May 2017014,56045.373.26$47,515
Apr 201718012,98947.933.21$50,343
Mar 2017014,61446.772.98$43,604
Feb 2017113,27150.452.95$39,234
Jan 201717614,80949.413.42$59,325
Dec 2016015,17548.763.72$56,494
Nov 201617514,65142.492.64$46,178
Oct 2016014,56546.193.09$45,010
Sep 201617715,01541.553.10$53,910
Aug 2016014,70041.442.92$42,988
Jul 2016114,68641.622.92$42,988
Jun 201618013,63545.352.69$44,784
May 2016014,16142.521.99$28,195
Apr 201617714,02236.561.99$34,389
Mar 2016014,68333.011.79$26,341
Feb 201616114,17126.472.06$33,505
Jan 2016315,22827.352.36$36,087
Dec 201518715,59232.362.00$37,257
Nov 2015114,90338.792.17$32,339
Oct 201518416,19643.552.43$47,314
Sep 201516815,75542.992.76$50,681
Aug 2015016,54240.162.87$47,517
Jul 201516316,66648.152.95$56,931
Jun 2015016,30756.152.88$47,011
May 201518017,40755.212.96$61,383
Apr 2015617,22649.822.71$46,922
Mar 201517217,94242.892.93$60,032
Feb 2015215,78444.662.98$47,066
Jan 201518317,78143.433.10$63,080
Dec 2014118,61354.693.59$66,901
Nov 201417018,32070.464.25$89,872
Oct 201417619,33878.303.90$89,218
Sep 201417918,96286.164.05$92,132
Aug 2014018,01589.394.04$72,693
Jul 201417418,64296.564.18$94,718
Jun 201418718,44298.164.74$105,713
May 2014018,90594.734.73$89,356
Apr 201417618,95595.944.81$108,042
Mar 201416820,13595.895.06$117,928
Feb 201417918,59197.406.19$132,550
Jan 2014020,94590.404.86$101,808
Dec 201317721,62891.824.35$110,431
Nov 201318421,30488.853.74$95,989
Oct 201318922,97397.423.78$105,236
Sep 2013022,052104.113.72$81,984
Aug 201315823,598104.253.52$99,598
Jul 201318022,539102.523.72$102,248
Jun 201317524,65594.403.93$113,498
May 201318024,76694.834.15$119,826
Apr 201317925,06393.964.28$124,153
Mar 2013126,71193.623.91$104,610
Feb 201318425,17491.233.42$102,879
Jan 201316928,97191.603.42$114,559
Dec 201218931,02786.773.42$122,517
Nov 201218035,32286.953.62$143,692
Oct 201218316,30889.383.40$71,799
Sep 2012018,84594.672.92$54,997
Aug 201217729,88492.662.91$103,308
Jul 201216930,83285.133.02$107,524
Jun 201218330,89579.822.52$92,433
May 201217533,04191.612.49$98,248
Apr 201217332,394101.652.00$82,270
Mar 201233434,589105.052.22$111,946
Feb 201217533,418101.102.57$103,585
Jan 201218836,53598.092.73$118,331
Dec 201135338,14296.873.24$157,765
Nov 2011237,73595.723.31$125,143
Oct 201135739,86684.983.65$175,791
Sep 201117140,86383.623.99$177,171
Aug 201119144,36883.404.15$200,026
Jul 201117745,82394.144.52$223,656
Jun 201134946,13592.904.64$246,483
May 201151549,53098.134.40$268,708
Apr 201118350,638105.964.33$238,819
Mar 201118255,48696.364.06$242,663
Feb 201138051,91685.644.18$249,551
Jan 201137255,79986.504.59$288,227
Dec 201033961,43785.734.35$296,175
Nov 201034863,88280.843.80$270,586
Oct 201035665,35478.103.51$257,124
Sep 201055770,58172.633.98$321,330
Aug 201055184,93573.684.42$415,956
Jul 201043381,28972.554.74$416,439
Jun 201055,31370.364.91$26,441
May 201009,62671.124.24$40,768
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$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             4 bbl  × $106.41 =       $426
Gas                4,439 Mcf  × $  3.05 =    $13,520

────────────────────────────────────────────────────
Month total                                  $13,946

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. 06/G/256094 is the state's own key, not one this site invented.