SHERMAN, DIAMOND

Operated by CANAN OPERATING, INC. (P-5 128979) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 194049District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.8 M
Jan 2002 – Mar 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
267
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition4,499 bbl$157,117
GasProduction292,061 Mcf$1,662,058
Total$1,819,175

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 33.3944, -97.4314. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.39442, -97.43136 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,850 ft
1 wells filed one
Completion to plug
22.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,850 ft.

Completions filed
Jan 2002
1 of 1 wells
Plug dates filed
Mar 2024
1 of 1 wells

Last completion to plug: a median of 22.2 years across the 1 well that filed both dates, with the middle half between 22.2 years and 22.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-497351321KR8,850 ftJan 2002Mar 2024Yes

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 (267)

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

267 months

Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022048576.415.73$2,779
Nov 2022030885.005.65$1,739
Oct 2022038987.185.86$2,281
Sep 2022041884.888.16$3,412
Aug 2022051394.529.13$4,682
Jul 20220522101.587.54$3,937
Jun 20220465115.097.98$3,709
May 20220192109.378.43$1,619
Apr 20220297104.226.84$2,031
Mar 20220443108.885.08$2,249
Feb 2022018491.054.86$894
Jan 2022020181.844.54$912
Dec 2021033771.323.90$1,314
Nov 2021039277.435.24$2,053
Oct 2021043679.795.71$2,491
Sep 2021053069.865.35$2,836
Aug 2021067466.024.22$2,845
Jul 2021019870.783.98$788
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021019260.362.76$530
Mar 2021020361.302.72$552
Feb 2021020057.805.55$1,110
Jan 2021022450.412.81$630
Dec 2020021544.642.68$575
Nov 2020020538.772.71$555
Oct 2020024836.972.48$615
Sep 2020024737.091.99$492
Aug 2020030939.982.39$737
Jul 2020031438.371.83$573
Jun 2020030134.901.69$509
May 2020029716.921.81$539
Apr 2020033114.751.80$597
Mar 2020032530.341.86$603
Feb 2020029949.881.98$592
Jan 2020031357.252.09$656
Dec 2019031459.012.30$724
Nov 2019031255.302.75$858
Oct 2019032653.472.42$788
Sep 2019032255.052.66$856
Aug 2019033853.112.30$779
Jul 2019031856.272.46$782
Jun 2019032852.782.49$817
May 2019036058.482.74$987
Apr 2019036162.632.75$993
Mar 2019045156.803.06$1,381
Feb 2019041450.852.79$1,156
Jan 2019052446.033.23$1,692
Dec 2018063346.594.19$2,649
Nov 2018067952.934.24$2,877
Oct 2018078361.443.40$2,661
Sep 2018082459.543.11$2,561
Aug 2018095559.403.07$2,929
Jul 201801,13765.142.93$3,334
Jun 201801,25460.183.08$3,858
May 201808465.382.90$244
Apr 201807863.842.90$226
Mar 201805661.222.79$156
Feb 201804161.782.77$113
Jan 201804362.874.01$172
Dec 2017032157.272.92$938
Nov 2017067455.423.12$2,102
Oct 2017050649.292.98$1,510
Sep 201701,09647.523.09$3,384
Aug 2017037845.373.00$1,136
Jul 2017092943.873.09$2,868
Jun 201701,06442.493.09$3,285
May 2017079045.373.26$2,578
Apr 2017064247.933.21$2,062
Mar 2017087946.772.98$2,623
Feb 2017088150.452.95$2,601
Jan 201701,02049.413.42$3,487
Dec 201612360648.763.72$8,254
Nov 201601,25742.492.64$3,324
Oct 2016079246.193.09$2,447
Sep 2016079141.553.10$2,453
Aug 201601,05941.442.92$3,097
Jul 2016048141.622.92$1,407
Jun 2016053845.352.69$1,445
May 2016082942.521.99$1,651
Apr 201601,03436.561.99$2,059
Mar 2016097533.011.79$1,749
Feb 2016065226.472.06$1,345
Jan 2016076027.352.36$1,797
Dec 2015069232.362.00$1,385
Nov 201501,15938.792.17$2,512
Oct 201501,00143.552.43$2,429
Sep 2015041242.992.76$1,136
Aug 2015079740.162.87$2,289
Jul 2015073948.152.95$2,176
Jun 2015093856.152.88$2,704
May 2015074455.212.96$2,199
Apr 2015090249.822.71$2,441
Mar 2015084542.892.93$2,480
Feb 2015073244.662.98$2,179
Jan 201501,08743.433.10$3,370
Dec 2014090554.693.59$3,250
Nov 2014075770.464.25$3,219
Oct 2014041678.303.90$1,623
Sep 2014056086.164.05$2,265
Aug 2014077189.394.04$3,111
Jul 2014060296.564.18$2,516
Jun 2014056298.164.74$2,662
May 2014097294.734.73$4,594
Apr 2014040795.944.81$1,957
Mar 2014036395.895.06$1,836
Feb 2014041997.406.19$2,594
Jan 2014092890.404.86$4,511
Dec 201301,03891.824.35$4,520
Nov 2013067188.853.74$2,508
Oct 2013024197.423.78$911
Sep 20130308104.113.72$1,145
Aug 20130683104.253.52$2,406
Jul 201301,019102.523.72$3,788
Jun 2013044294.403.93$1,739
May 2013092994.834.15$3,855
Apr 201301,48793.964.28$6,368
Mar 2013072393.623.91$2,829
Feb 201301,06691.233.42$3,646
Jan 201301,53091.603.42$5,232
Dec 2012057686.773.42$1,970
Nov 2012049386.953.62$1,787
Oct 2012091289.383.40$3,101
Sep 201201,06094.672.92$3,094
Aug 201201,25592.662.91$3,650
Jul 201201,04385.133.02$3,151
Jun 201201,13179.822.52$2,849
May 201201,43191.612.49$3,561
Apr 20120407101.652.00$813
Mar 20120812105.052.22$1,804
Feb 20120986101.102.57$2,534
Jan 201201,09598.092.73$2,994
Dec 201101,32096.873.24$4,276
Nov 201101,27495.723.31$4,219
Oct 201101,13384.983.65$4,134
Sep 201101,23583.623.99$4,922
Aug 201101,53183.404.15$6,353
Jul 201101,09194.144.52$4,928
Jun 201101,66692.904.64$7,730
May 2011077298.134.40$3,401
Apr 20110419105.964.33$1,816
Mar 2011024796.364.06$1,002
Feb 2011042585.644.18$1,776
Jan 2011046286.504.59$2,120
Dec 2010055185.734.35$2,396
Nov 2010043180.843.80$1,636
Oct 2010070378.103.51$2,467
Sep 2010091472.633.98$3,637
Aug 201001,26573.684.42$5,590
Jul 201001,07372.554.74$5,082
Jun 201001,13170.364.91$5,554
May 2010085671.124.24$3,625
Apr 2010088781.694.12$3,657
Mar 201001,17278.394.39$5,144
Feb 2010022973.585.44$1,246
Jan 2010049374.365.96$2,940
Dec 2009072371.445.48$3,965
Nov 2009096174.593.75$3,605
Oct 2009052072.544.11$2,137
Sep 2009073865.543.06$2,262
Aug 2009060367.423.22$1,941
Jul 200901,00961.133.46$3,496
Jun 2009096466.163.90$3,755
May 2009047354.743.93$1,857
Apr 200901,20146.773.59$4,309
Mar 200901,59242.144.06$6,462
Feb 2009035732.814.63$1,654
Jan 200901,19735.865.37$6,429
Dec 200801,40737.105.98$8,410
Nov 20080055.496.86$0
Oct 2008088675.246.92$6,133
Sep 200801,693101.767.88$13,336
Aug 200801,159114.228.48$9,832
Jul 200801,454131.0811.39$16,560
Jun 200801,430131.3313.03$18,637
May 200801,775123.1711.57$20,544
Apr 200801,456110.3110.45$15,222
Mar 200801,642101.909.66$15,868
Feb 200801,60892.538.77$14,103
Jan 200801,74990.388.21$14,352
Dec 200701,86088.337.30$13,582
Nov 200701,92391.677.29$14,022
Oct 20071952,04882.856.92$30,332
Sep 200702,17975.846.24$13,606
Aug 200707,18769.066.39$45,910
Jul 200701,76570.906.39$11,275
Jun 200701,56162.007.55$11,783
May 200702,04258.747.85$16,022
Apr 200702,02459.617.81$15,798
Mar 200702,12756.927.30$15,531
Feb 200701,82855.108.22$15,019
Jan 200702,11450.306.73$14,221
Dec 200602,17756.656.92$15,061
Nov 200602,33754.207.62$17,802
Oct 200602,09954.906.01$12,623
Sep 200602,02560.085.04$10,200
Aug 200602,18168.717.34$16,008
Jul 200602,31969.376.34$14,709
Jun 200602,18866.286.38$13,968
May 200602,26766.016.42$14,565
Apr 200602,54264.397.36$18,710
Mar 200602,09756.707.08$14,853
Feb 200602,08957.597.75$16,192
Jan 20062032,32260.598.93$33,043
Dec 200502,39354.9413.42$32,103
Nov 200502,35854.6910.59$24,967
Oct 200502,38258.3413.80$32,862
Sep 200502,45061.4512.08$29,594
Aug 200502,53661.519.80$24,845
Jul 200502,67755.697.84$20,997
Jun 200502,64752.337.38$19,538
May 200502,96545.226.65$19,721
Apr 200502,26349.207.36$16,657
Mar 200503,19650.377.15$22,867
Feb 20051842,25745.226.31$22,566
Jan 200502,26743.166.32$14,332
Dec 200401,96139.866.75$13,239
Nov 200401,91945.286.33$12,148
Oct 200402,38849.706.52$15,558
Sep 200402,82843.245.28$14,943
Aug 20041653,14742.375.55$24,459
Jul 200403,11938.286.08$18,977
Jun 200403,10936.106.43$20,000
May 200403,29437.486.49$21,393
Apr 20041653,23634.475.86$24,646
Mar 200403,51734.365.53$19,450
Feb 20041693,50832.455.51$24,812
Jan 200404,02032.036.30$25,325
Dec 20031953,19130.266.30$26,009
Nov 20031863,77128.804.60$22,685
Oct 20031854,08828.174.76$24,669
Sep 20031854,59226.314.75$26,676
Aug 20031852,88329.765.13$20,295
Jul 20031814,17729.415.17$26,922
Jun 20033594,38928.565.98$36,512
May 20031854,08826.595.97$29,335
Apr 20035635,78226.675.41$46,280
Mar 20038674,94131.146.10$57,119
Feb 200320440033.487.93$10,000
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$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.

Dec 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.41 =         $0
Gas                  485 Mcf  × $  5.73 =     $2,779

────────────────────────────────────────────────────
Month total                                   $2,779

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. 09/G/194049 is the state's own key, not one this site invented.