GANNON

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

Operated by PANTERA ENERGY COMPANY (P-5 638486) in the PANHANDLE MOORE COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5819District 10Field 68901001NGPA filingOilCasinghead gasSave Export

Value, all time

$381 k

Jan 1993 – Feb 2009

Value, last 12 filed months

$84 k

at the published price for each month

Months reported

194

no gaps in the span

Streams

oil, casinghead gas

The PANHANDLE MOORE COUNTY FIELD 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 334 leases and 1,458 wells, and the rule below applies to all of them.

Discovered

1926-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

467 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 1989-05-01.

The Commission's schedule remark for this field reads: “SEPTEMBER, AND OCTOBER.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	9,077 bbl	$304,949
Casinghead gas	Production	35,009 Mcf	$76,141
Total			$381,090

18,720 Mcf of this lease's gas, across 47 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 (4)

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 35.7691, -101.7377. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

35.77005, -101.73764 · 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

0.0%

0 of 4 wells

With a plug date

0.0%

0 of 4 wells

Median depth

3,227 ft

4 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.

4100.0%

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

Between 3,171 and 3,290 ft, median 3,227 ft, over the 4 wells that filed a depth.

Completions filed

Mar 1984 – Jul 1987

4 of 4 wells

4 wells


42-34131887	3	3,290 ft	Jul 1987	—	—
42-34130039	2	3,252 ft	Mar 1987	—	—
42-34131720	4	3,171 ft	Apr 1985	—	—
42-34131136	1	3,201 ft	Mar 1984	—	—

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 (194)

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

194 months


Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	281	45	55.49	6.86	$15,901
Oct 2008	0	107	75.24	6.92	$741
Sep 2008	0	45	101.76	7.88	$354
Aug 2008	0	58	114.22	8.48	$492
Jul 2008	168	79	131.08	11.39	$22,921
Jun 2008	170	34	131.33	13.03	$22,769
May 2008	0	62	123.17	11.57	$718
Apr 2008	169	109	110.31	10.45	$19,782
Mar 2008	0	64	101.90	9.66	$619
Feb 2008	0	78	92.53	8.77	$684
Jan 2008	0	115	90.38	8.21	$944
Dec 2007	0	110	88.33	7.30	$803
Nov 2007	0	128	91.67	7.29	$933
Oct 2007	172	78	82.85	6.92	$14,790
Sep 2007	0	98	75.84	6.24	$612
Aug 2007	0	82	69.06	6.39	$524
Jul 2007	169	24	70.90	6.39	$12,135
Jun 2007	0	74	62.00	7.55	$559
May 2007	180	145	58.74	7.85	$11,711
Apr 2007	0	81	59.61	7.81	$632
Mar 2007	0	684	56.92	7.30	$4,995
Feb 2007	0	193	55.10	8.22	$1,586
Jan 2007	168	0	50.30	6.73	$8,450
Dec 2006	0	1	56.65	6.92	$7
Nov 2006	0	1	54.20	7.62	$8
Oct 2006	181	3	54.90	6.01	$9,955
Sep 2006	0	2	60.08	5.04	$10
Aug 2006	0	1	68.71	7.34	$7
Jul 2006	0	4	69.37	6.34	$25
Jun 2006	184	1	66.28	6.38	$12,202
May 2006	0	1	66.01	6.42	$6
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	10	56.70	7.08	$71
Feb 2006	0	13	57.59	7.75	$101
Jan 2006	0	68	60.59	8.93	$607
Dec 2005	0	78	54.94	13.42	$1,046
Nov 2005	0	8	54.69	10.59	$85
Oct 2005	0	10	58.34	13.80	$138
Sep 2005	174	48	61.45	12.08	$11,272
Aug 2005	0	142	61.51	9.80	$1,391
Jul 2005	0	50	55.69	7.84	$392
Jun 2005	0	32	52.33	7.38	$236
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	35	49.20	7.36	$258
Mar 2005	180	153	50.37	7.15	$10,161
Feb 2005	0	153	45.22	6.31	$966
Jan 2005	0	203	43.16	6.32	$1,283
Dec 2004	0	208	39.86	6.75	$1,404
Nov 2004	185	184	45.28	6.33	$9,542
Oct 2004	0	211	49.70	6.52	$1,375
Sep 2004	0	199	43.24	5.28	$1,052
Aug 2004	0	224	42.37	5.55	$1,243
Jul 2004	165	187	38.28	6.08	$7,454
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	34	37.48	6.49	$221
Apr 2004	0	217	34.47	5.86	$1,271
Mar 2004	0	232	34.36	5.53	$1,283
Feb 2004	0	223	32.45	5.51	$1,229
Jan 2004	172	221	32.03	6.30	$6,901
Dec 2003	0	216	30.26	6.30	$1,361
Nov 2003	0	193	28.80	4.60	$887
Oct 2003	0	271	28.17	4.76	$1,290
Sep 2003	181	190	26.31	4.75	$5,664
Aug 2003	0	32	29.76	5.13	$164
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	169	0	28.56	5.98	$4,827
May 2003	0	62	26.59	5.97	$370
Apr 2003	0	320	26.67	5.41	$1,730
Mar 2003	0	510	31.14	6.10	$3,109
Feb 2003	171	234	33.48	7.93	$7,580
Jan 2003	0	224	30.31	5.58	$1,250
Dec 2002	0	165	26.91	4.85	$801
Nov 2002	0	148	24.66	4.14	$612
Oct 2002	0	210	26.46	4.23	$888
Sep 2002	0	31	27.44	3.64	$113
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	231	24.58	3.06	$707
Jun 2002	175	248	23.73	3.34	$4,981
May 2002	0	267	24.66	3.58	$957
Apr 2002	0	318	23.65	3.51	$1,117
Mar 2002	0	148	22.00	3.10	$459
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	179	0	17.17	2.38	$3,073
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	1	24.87	3.05	$3
Jul 2001	182	0	23.93	3.20	$4,355
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	175	133	32.21	5.66	$6,389
Oct 2000	0	17	31.23	5.15	$87
Sep 2000	0	2	31.87	5.19	$10
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	176	0	24.51	3.12	$4,314
Mar 2000	0	2	28.42	2.86	$6
Feb 2000	0	47	27.62	2.73	$128
Jan 2000	0	150	25.27	2.48	$372
Dec 1999	0	102	24.28	2.42	$247
Nov 1999	0	83	23.19	2.43	$202
Oct 1999	0	190	20.98	2.80	$533
Sep 1999	0	214	21.75	2.62	$560
Aug 1999	0	228	19.26	2.88	$656
Jul 1999	0	155	17.89	2.37	$368
Jun 1999	0	108	15.94	2.36	$255
May 1999	177	171	15.79	2.32	$3,192
Apr 1999	0	182	15.10	2.21	$402
Mar 1999	0	224	12.47	1.84	$412
Feb 1999	0	269	9.98	1.82	$489
Jan 1999	0	41	10.38	1.90	$78
Dec 1998	0	181	9.20	1.77	$321
Nov 1998	0	69	10.89	2.19	$151
Oct 1998	0	331	12.42	1.97	$652
Sep 1998	0	359	12.59	2.08	$748
Aug 1998	0	414	11.30	1.91	$790
Jul 1998	0	388	11.74	2.24	$868
Jun 1998	357	276	11.24	2.24	$4,630
May 1998	180	185	12.62	2.21	$2,680
Apr 1998	0	48	13.04	2.51	$120
Mar 1998	178	174	12.80	2.31	$2,680
Feb 1998	0	174	13.95	2.30	$400
Jan 1998	0	81	14.70	2.15	$175
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	15	18.19	3.09	$46
Oct 1997	178	79	19.25	3.15	$3,675
Sep 1997	0	205	17.74	2.95	$606
Aug 1997	0	243	17.86	2.55	$621
Jul 1997	176	213	17.58	2.25	$3,573
Jun 1997	0	13	17.24	2.26	$29
May 1997	0	224	18.97	2.31	$517
Apr 1997	0	250	17.88	2.08	$521
Mar 1997	181	52	18.95	1.94	$3,531
Feb 1997	178	93	20.49	2.21	$3,852
Jan 1997	0	235	23.48	3.54	$832
Dec 1996	0	236	23.32	—	$0
Nov 1996	177	153	21.97	—	$3,889
Oct 1996	0	267	23.31	—	$0
Sep 1996	176	350	22.22	—	$3,911
Aug 1996	0	373	20.26	—	$0
Jul 1996	177	362	19.55	—	$3,460
Jun 1996	0	357	18.73	—	$0
May 1996	0	282	19.43	—	$0
Apr 1996	177	103	21.51	—	$3,807
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	75	16.98	—	$0
Jan 1996	0	274	17.07	—	$0
Dec 1995	0	253	17.19	—	$0
Nov 1995	182	223	16.00	—	$2,912
Oct 1995	0	308	15.43	—	$0
Sep 1995	0	368	16.18	—	$0
Aug 1995	174	316	15.92	—	$2,770
Jul 1995	0	357	15.24	—	$0
Jun 1995	0	328	16.41	—	$0
May 1995	176	438	17.56	—	$3,091
Apr 1995	0	581	17.73	—	$0
Mar 1995	0	597	16.44	—	$0
Feb 1995	0	524	16.58	—	$0
Jan 1995	182	592	15.92	—	$2,897
Dec 1994	0	605	15.03	—	$0
Nov 1994	0	503	15.90	—	$0
Oct 1994	0	435	15.58	—	$0
Sep 1994	179	390	15.29	—	$2,737
Aug 1994	0	360	16.13	—	$0
Jul 1994	176	373	17.56	—	$3,091
Jun 1994	0	261	17.09	—	$0
May 1994	176	357	15.88	—	$2,795
Apr 1994	168	245	14.14	—	$2,376
Mar 1994	0	597	12.46	—	$0
Feb 1994	176	64	12.50	—	$2,200
Jan 1994	0	696	12.66	—	$0
Dec 1993	0	579	12.33	—	$0
Nov 1993	171	562	14.49	—	$2,478
Oct 1993	0	651	15.85	—	$0
Sep 1993	175	491	15.03	—	$2,630
Aug 1993	0	506	15.66	—	$0
Jul 1993	177	451	15.46	—	$2,736
Jun 1993	0	446	16.79	—	$0
May 1993	175	307	17.68	—	$3,094
Apr 1993	0	407	18.05	—	$0
Mar 1993	172	537	18.14	—	$3,120
Feb 1993	180	540	17.90	—	$3,222
Jan 1993	0	640	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.

Nov 2008 — as filed, then multipliedworked

Oil                  281 bbl  × $ 55.49 =    $15,593
Casinghead gas        45 Mcf  × $  6.86 =       $309

────────────────────────────────────────────────────
Month total                                  $15,901

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. 10/O/5819 is the state's own key, not one this site invented.