CANON, C.C.

Name: CANON, C.C. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by INCLINE ENERGY (P-5 423656) in the SHEFFIELD (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24314District 08Field 82864850OilCasinghead gasSave Export

Value, all time

$515 k

Jan 1993 – Mar 2006

Value, last 12 filed months

$32 k

at the published price for each month

Months reported

159

no gaps in the span

Streams

oil, casinghead gas

The SHEFFIELD (STRAWN) 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered

1974-10-21

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Oil	Disposition	12,849 bbl	$306,538
Casinghead gas	Production	75,265 Mcf	$208,102
Total			$514,640

19,855 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.7951, -101.9946. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.79514, -101.99463 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

9,571 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

1100.0%

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.

00.0%

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 9,571 ft.

Completions filed

Nov 2005

1 of 1 wells

1 well


42-37110284	2	9,571 ft	Nov 2005	—	Yes

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 (159)

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

159 months


Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	172	0	58.34	13.80	$10,034
Sep 2005	0	26	61.45	12.08	$314
Aug 2005	0	199	61.51	9.80	$1,950
Jul 2005	0	263	55.69	7.84	$2,063
Jun 2005	166	0	52.33	7.38	$8,687
May 2005	0	0	45.22	6.65	$0
Apr 2005	192	0	49.20	7.36	$9,446
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	178	73	45.22	6.31	$8,510
Jan 2005	12	80	43.16	6.32	$1,024
Dec 2004	165	114	39.86	6.75	$7,347
Nov 2004	0	99	45.28	6.33	$627
Oct 2004	172	167	49.70	6.52	$9,636
Sep 2004	168	180	43.24	5.28	$8,215
Aug 2004	0	190	42.37	5.55	$1,055
Jul 2004	169	296	38.28	6.08	$8,270
Jun 2004	174	521	36.10	6.43	$9,633
May 2004	0	926	37.48	6.49	$6,014
Apr 2004	166	786	34.47	5.86	$10,327
Mar 2004	0	614	34.36	5.53	$3,396
Feb 2004	165	509	32.45	5.51	$8,159
Jan 2004	0	599	32.03	6.30	$3,773
Dec 2003	70	503	30.26	6.30	$5,288
Nov 2003	164	488	28.80	4.60	$6,966
Oct 2003	0	551	28.17	4.76	$2,623
Sep 2003	165	524	26.31	4.75	$6,830
Aug 2003	0	556	29.76	5.13	$2,852
Jul 2003	168	521	29.41	5.17	$7,635
Jun 2003	4	520	28.56	5.98	$3,225
May 2003	159	545	26.59	5.97	$7,483
Apr 2003	12	522	26.67	5.41	$3,143
Mar 2003	167	597	31.14	6.10	$8,840
Feb 2003	0	577	33.48	7.93	$4,573
Jan 2003	165	508	30.31	5.58	$7,837
Dec 2002	0	472	26.91	4.85	$2,291
Nov 2002	176	497	24.66	4.14	$6,396
Oct 2002	0	477	26.46	4.23	$2,017
Sep 2002	150	491	27.44	3.64	$5,901
Aug 2002	164	399	25.96	3.16	$5,520
Jul 2002	0	682	24.58	3.06	$2,088
Jun 2002	5	472	23.73	3.34	$1,694
May 2002	175	660	24.66	3.58	$6,681
Apr 2002	0	612	23.65	3.51	$2,150
Mar 2002	173	586	22.00	3.10	$5,624
Feb 2002	0	591	18.22	2.38	$1,404
Jan 2002	166	500	17.17	2.38	$4,038
Dec 2001	0	562	16.93	2.36	$1,329
Nov 2001	166	628	18.07	2.41	$4,510
Oct 2001	0	710	19.78	2.53	$1,796
Sep 2001	173	698	24.26	2.25	$5,768
Aug 2001	0	715	24.87	3.05	$2,183
Jul 2001	166	688	23.93	3.20	$6,172
Jun 2001	0	603	24.56	3.82	$2,306
May 2001	131	718	25.52	4.31	$6,436
Apr 2001	162	718	24.68	5.34	$7,829
Mar 2001	0	691	24.54	5.38	$3,715
Feb 2001	139	645	27.75	5.77	$7,577
Jan 2001	161	655	27.47	8.40	$9,924
Dec 2000	182	626	26.88	9.12	$10,603
Nov 2000	0	466	32.21	5.66	$2,637
Oct 2000	0	362	31.23	5.15	$1,863
Sep 2000	159	642	31.87	5.19	$8,397
Aug 2000	173	629	29.64	4.54	$7,984
Jul 2000	0	542	28.53	4.09	$2,217
Jun 2000	181	542	29.30	4.40	$7,687
May 2000	175	584	27.26	3.68	$6,919
Apr 2000	0	538	24.51	3.12	$1,676
Mar 2000	160	604	28.42	2.86	$6,274
Feb 2000	2	538	27.62	2.73	$1,522
Jan 2000	110	521	25.27	2.48	$4,072
Dec 1999	161	228	24.28	2.42	$4,462
Nov 1999	164	431	23.19	2.43	$4,852
Oct 1999	170	755	20.98	2.80	$5,683
Sep 1999	163	455	21.75	2.62	$4,737
Aug 1999	345	589	19.26	2.88	$8,338
Jul 1999	0	617	17.89	2.37	$1,464
Jun 1999	0	748	15.94	2.36	$1,767
May 1999	0	782	15.79	2.32	$1,815
Apr 1999	0	560	15.10	2.21	$1,237
Mar 1999	165	787	12.47	1.84	$3,504
Feb 1999	0	714	9.98	1.82	$1,298
Jan 1999	183	705	10.38	1.90	$3,239
Dec 1998	2	532	9.20	1.77	$962
Nov 1998	170	499	10.89	2.19	$2,942
Oct 1998	183	468	12.42	1.97	$3,194
Sep 1998	178	688	12.59	2.08	$3,674
Aug 1998	0	844	11.30	1.91	$1,610
Jul 1998	180	892	11.74	2.24	$4,109
Jun 1998	184	954	11.24	2.24	$4,203
May 1998	357	1,332	12.62	2.21	$7,444
Apr 1998	352	436	13.04	2.51	$5,682
Mar 1998	177	512	12.80	2.31	$3,448
Feb 1998	0	451	13.95	2.30	$1,037
Jan 1998	0	601	14.70	2.15	$1,295
Dec 1997	0	418	16.32	2.41	$1,008
Nov 1997	305	567	18.19	3.09	$7,299
Oct 1997	175	503	19.25	3.15	$4,953
Sep 1997	0	1,069	17.74	2.95	$3,159
Aug 1997	137	1,032	17.86	2.55	$5,083
Jul 1997	0	580	17.58	2.25	$1,303
Jun 1997	0	435	17.24	2.26	$982
May 1997	282	681	18.97	2.31	$6,922
Apr 1997	0	353	17.88	2.08	$735
Mar 1997	0	437	18.95	1.94	$847
Feb 1997	150	204	20.49	2.21	$3,524
Jan 1997	0	433	23.48	3.54	$1,533
Dec 1996	0	361	23.32	—	$0
Nov 1996	0	326	21.97	—	$0
Oct 1996	282	451	23.31	—	$6,573
Sep 1996	0	325	22.22	—	$0
Aug 1996	155	366	20.26	—	$3,140
Jul 1996	0	510	19.55	—	$0
Jun 1996	0	410	18.73	—	$0
May 1996	178	496	19.43	—	$3,459
Apr 1996	0	343	21.51	—	$0
Mar 1996	0	373	19.38	—	$0
Feb 1996	0	429	16.98	—	$0
Jan 1996	0	404	17.07	—	$0
Dec 1995	184	346	17.19	—	$3,163
Nov 1995	0	365	16.00	—	$0
Oct 1995	0	429	15.43	—	$0
Sep 1995	0	319	16.18	—	$0
Aug 1995	162	403	15.92	—	$2,579
Jul 1995	0	430	15.24	—	$0
Jun 1995	0	428	16.41	—	$0
May 1995	181	436	17.56	—	$3,178
Apr 1995	0	447	17.73	—	$0
Mar 1995	0	440	16.44	—	$0
Feb 1995	0	338	16.58	—	$0
Jan 1995	0	370	15.92	—	$0
Dec 1994	151	381	15.03	—	$2,270
Nov 1994	0	357	15.90	—	$0
Oct 1994	148	299	15.58	—	$2,306
Sep 1994	0	205	15.29	—	$0
Aug 1994	0	400	16.13	—	$0
Jul 1994	205	278	17.56	—	$3,600
Jun 1994	0	360	17.09	—	$0
May 1994	0	371	15.88	—	$0
Apr 1994	110	446	14.14	—	$1,555
Mar 1994	0	445	12.46	—	$0
Feb 1994	0	348	12.50	—	$0
Jan 1994	0	343	12.66	—	$0
Dec 1993	164	343	12.33	—	$2,022
Nov 1993	0	349	14.49	—	$0
Oct 1993	0	639	15.85	—	$0
Sep 1993	177	550	15.03	—	$2,660
Aug 1993	0	567	15.66	—	$0
Jul 1993	172	545	15.46	—	$2,659
Jun 1993	0	548	16.79	—	$0
May 1993	0	426	17.68	—	$0
Apr 1993	175	537	18.05	—	$3,159
Mar 1993	0	529	18.14	—	$0
Feb 1993	0	485	17.90	—	$0
Jan 1993	0	559	16.93	—	$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.

Oct 2005 — as filed, then multipliedworked

Oil                  172 bbl  × $ 58.34 =    $10,034
Casinghead gas         0 Mcf  × $ 13.80 =         $0

────────────────────────────────────────────────────
Month total                                  $10,034

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. 08/O/24314 is the state's own key, not one this site invented.