CANN

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

Operated by ECHO PRODUCTION, INC. (P-5 240125) in the MINERAL WELLS, SOUTH (STRAWN UP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121301District 7BField 61848880CondensateGasSave Export

Value, all time

$436 k

Jan 1993 – Jul 2016

Value, last 12 filed months

at the published price for each month

Months reported

283

no gaps in the span

Streams

condensate, gas

The MINERAL WELLS, SOUTH (STRAWN UP) 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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered

1980-03-13

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1992-03-01.

The Commission's schedule remark for this field reads: “FIELD EXEMPT 1/1/2002 PER SWR”

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
Condensate	Disposition	1 bbl	$18
Gas	Production	159,441 Mcf	$435,496
Total			$435,514

54,375 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 (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 32.7470, -98.1184. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.74699, -98.11836 · 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

100.0%

1 of 1 wells

Median depth

4,451 ft

1 wells filed one

Completion to plug

30.2 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 4,451 ft.

Completions filed

May 1986

1 of 1 wells

Plug dates filed

Jul 2016

1 of 1 wells

Last completion to plug: a median of 30.2 years across the 1 well that filed both dates, with the middle half between 30.2 years and 30.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36332379	3	4,451 ft	May 1986	Jul 2016	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 (283)

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

283 months


Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	81	97.42	3.78	$306
Sep 2013	0	223	104.11	3.72	$829
Aug 2013	0	116	104.25	3.52	$409
Jul 2013	0	195	102.52	3.72	$725
Jun 2013	0	408	94.40	3.93	$1,605
May 2013	0	292	94.83	4.15	$1,212
Apr 2013	0	399	93.96	4.28	$1,709
Mar 2013	0	205	93.62	3.91	$802
Feb 2013	0	177	91.23	3.42	$605
Jan 2013	0	385	91.60	3.42	$1,317
Dec 2012	0	1	86.77	3.42	$3
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	38	89.38	3.40	$129
Sep 2012	0	20	94.67	2.92	$58
Aug 2012	0	213	92.66	2.91	$619
Jul 2012	0	5	85.13	3.02	$15
Jun 2012	0	441	79.82	2.52	$1,111
May 2012	0	557	91.61	2.49	$1,386
Apr 2012	0	431	101.65	2.00	$861
Mar 2012	0	253	105.05	2.22	$562
Feb 2012	0	467	101.10	2.57	$1,200
Jan 2012	0	540	98.09	2.73	$1,476
Dec 2011	0	521	96.87	3.24	$1,688
Nov 2011	0	410	95.72	3.31	$1,358
Oct 2011	0	518	84.98	3.65	$1,890
Sep 2011	0	501	83.62	3.99	$1,997
Aug 2011	0	250	83.40	4.15	$1,037
Jul 2011	0	257	94.14	4.52	$1,161
Jun 2011	0	201	92.90	4.64	$933
May 2011	0	485	98.13	4.40	$2,136
Apr 2011	0	656	105.96	4.33	$2,843
Mar 2011	0	658	96.36	4.06	$2,670
Feb 2011	0	499	85.64	4.18	$2,086
Jan 2011	0	426	86.50	4.59	$1,955
Dec 2010	0	583	85.73	4.35	$2,535
Nov 2010	0	515	80.84	3.80	$1,955
Oct 2010	0	674	78.10	3.51	$2,365
Sep 2010	0	723	72.63	3.98	$2,877
Aug 2010	0	398	73.68	4.42	$1,759
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	210	73.58	5.44	$1,143
Jan 2010	0	572	74.36	5.96	$3,411
Dec 2009	0	534	71.44	5.48	$2,928
Nov 2009	0	537	74.59	3.75	$2,015
Oct 2009	0	384	72.54	4.11	$1,578
Sep 2009	0	452	65.54	3.06	$1,385
Aug 2009	0	682	67.42	3.22	$2,195
Jul 2009	0	72	61.13	3.46	$249
Jun 2009	0	370	66.16	3.90	$1,441
May 2009	0	299	54.74	3.93	$1,174
Apr 2009	0	604	46.77	3.59	$2,167
Mar 2009	0	90	42.14	4.06	$365
Feb 2009	0	336	32.81	4.63	$1,557
Jan 2009	0	556	35.86	5.37	$2,986
Dec 2008	0	514	37.10	5.98	$3,072
Nov 2008	0	180	55.49	6.86	$1,235
Oct 2008	0	62	75.24	6.92	$429
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	6	110.31	10.45	$63
Mar 2008	0	22	101.90	9.66	$213
Feb 2008	0	25	92.53	8.77	$219
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	49	88.33	7.30	$358
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	5	82.85	6.92	$35
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	598	69.06	6.39	$3,820
Jul 2007	0	997	70.90	6.39	$6,369
Jun 2007	0	118	62.00	7.55	$891
May 2007	0	87	58.74	7.85	$683
Apr 2007	0	262	59.61	7.81	$2,045
Mar 2007	0	62	56.92	7.30	$453
Feb 2007	0	141	55.10	8.22	$1,158
Jan 2007	0	39	50.30	6.73	$262
Dec 2006	0	409	56.65	6.92	$2,830
Nov 2006	0	66	54.20	7.62	$503
Oct 2006	0	89	54.90	6.01	$535
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	1	68.71	7.34	$7
Jul 2006	0	415	69.37	6.34	$2,632
Jun 2006	0	887	66.28	6.38	$5,663
May 2006	0	649	66.01	6.42	$4,170
Apr 2006	0	629	64.39	7.36	$4,630
Mar 2006	0	597	56.70	7.08	$4,229
Feb 2006	0	527	57.59	7.75	$4,085
Jan 2006	0	636	60.59	8.93	$5,682
Dec 2005	0	611	54.94	13.42	$8,197
Nov 2005	0	656	54.69	10.59	$6,946
Oct 2005	0	706	58.34	13.80	$9,740
Sep 2005	0	465	61.45	12.08	$5,617
Aug 2005	0	495	61.51	9.80	$4,849
Jul 2005	0	628	55.69	7.84	$4,926
Jun 2005	0	568	52.33	7.38	$4,192
May 2005	0	506	45.22	6.65	$3,365
Apr 2005	0	420	49.20	7.36	$3,091
Mar 2005	0	477	50.37	7.15	$3,413
Feb 2005	0	410	45.22	6.31	$2,588
Jan 2005	0	534	43.16	6.32	$3,376
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	505	45.28	6.33	$3,197
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	212	43.24	5.28	$1,120
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	196	38.28	6.08	$1,193
Jun 2004	0	209	36.10	6.43	$1,345
May 2004	0	438	37.48	6.49	$2,845
Apr 2004	0	317	34.47	5.86	$1,857
Mar 2004	0	205	34.36	5.53	$1,134
Feb 2004	0	392	32.45	5.51	$2,160
Jan 2004	0	378	32.03	6.30	$2,381
Dec 2003	0	442	30.26	6.30	$2,785
Nov 2003	0	462	28.80	4.60	$2,123
Oct 2003	0	514	28.17	4.76	$2,446
Sep 2003	0	491	26.31	4.75	$2,332
Aug 2003	0	539	29.76	5.13	$2,765
Jul 2003	0	564	29.41	5.17	$2,916
Jun 2003	0	532	28.56	5.98	$3,183
May 2003	0	549	26.59	5.97	$3,279
Apr 2003	0	552	26.67	5.41	$2,985
Mar 2003	0	840	31.14	6.10	$5,121
Feb 2003	0	469	33.48	7.93	$3,717
Jan 2003	0	450	30.31	5.58	$2,512
Dec 2002	0	768	26.91	4.85	$3,728
Nov 2002	0	452	24.66	4.14	$1,870
Oct 2002	0	356	26.46	4.23	$1,506
Sep 2002	0	623	27.44	3.64	$2,265
Aug 2002	0	436	25.96	3.16	$1,380
Jul 2002	0	860	24.58	3.06	$2,633
Jun 2002	0	873	23.73	3.34	$2,914
May 2002	0	448	24.66	3.58	$1,606
Apr 2002	0	722	23.65	3.51	$2,536
Mar 2002	0	877	22.00	3.10	$2,721
Feb 2002	0	392	18.22	2.38	$931
Jan 2002	0	467	17.17	2.38	$1,109
Dec 2001	0	695	16.93	2.36	$1,643
Nov 2001	0	821	18.07	2.41	$1,975
Oct 2001	0	478	19.78	2.53	$1,209
Sep 2001	0	984	24.26	2.25	$2,215
Aug 2001	0	591	24.87	3.05	$1,804
Jul 2001	0	660	23.93	3.20	$2,110
Jun 2001	0	888	24.56	3.82	$3,396
May 2001	0	693	25.52	4.31	$2,985
Apr 2001	0	730	24.68	5.34	$3,895
Mar 2001	0	689	24.54	5.38	$3,704
Feb 2001	0	688	27.75	5.77	$3,968
Jan 2001	0	752	27.47	8.40	$6,316
Dec 2000	0	1,205	26.88	9.12	$10,993
Nov 2000	0	573	32.21	5.66	$3,242
Oct 2000	0	744	31.23	5.15	$3,828
Sep 2000	0	772	31.87	5.19	$4,004
Aug 2000	0	834	29.64	4.54	$3,787
Jul 2000	0	945	28.53	4.09	$3,865
Jun 2000	0	893	29.30	4.40	$3,927
May 2000	0	893	27.26	3.68	$3,286
Apr 2000	0	931	24.51	3.12	$2,901
Mar 2000	0	963	28.42	2.86	$2,754
Feb 2000	0	880	27.62	2.73	$2,399
Jan 2000	0	860	25.27	2.48	$2,133
Dec 1999	0	1,008	24.28	2.42	$2,443
Nov 1999	0	915	23.19	2.43	$2,227
Oct 1999	0	918	20.98	2.80	$2,574
Sep 1999	0	784	21.75	2.62	$2,053
Aug 1999	0	1,066	19.26	2.88	$3,065
Jul 1999	0	1,165	17.89	2.37	$2,764
Jun 1999	0	873	15.94	2.36	$2,062
May 1999	0	665	15.79	2.32	$1,543
Apr 1999	0	901	15.10	2.21	$1,989
Mar 1999	0	1,043	12.47	1.84	$1,917
Feb 1999	0	838	9.98	1.82	$1,523
Jan 1999	0	1,257	10.38	1.90	$2,388
Dec 1998	0	800	9.20	1.77	$1,419
Nov 1998	0	987	10.89	2.19	$2,157
Oct 1998	0	1,107	12.42	1.97	$2,180
Sep 1998	0	1,138	12.59	2.08	$2,370
Aug 1998	0	890	11.30	1.91	$1,698
Jul 1998	0	971	11.74	2.24	$2,172
Jun 1998	0	1,002	11.24	2.24	$2,242
May 1998	0	1,070	12.62	2.21	$2,361
Apr 1998	0	1,071	13.04	2.51	$2,683
Mar 1998	0	1,041	12.80	2.31	$2,404
Feb 1998	0	1,065	13.95	2.30	$2,449
Jan 1998	0	1,037	14.70	2.15	$2,235
Dec 1997	0	972	16.32	2.41	$2,344
Nov 1997	0	975	18.19	3.09	$3,011
Oct 1997	0	1,054	19.25	3.15	$3,320
Sep 1997	1	768	17.74	2.95	$2,287
Aug 1997	0	992	17.86	2.55	$2,534
Jul 1997	0	1,034	17.58	2.25	$2,323
Jun 1997	0	1,068	17.24	2.26	$2,411
May 1997	0	1,073	18.97	2.31	$2,477
Apr 1997	0	989	17.88	2.08	$2,060
Mar 1997	0	843	18.95	1.94	$1,635
Feb 1997	0	943	20.49	2.21	$2,080
Jan 1997	0	1,083	23.48	3.54	$3,834
Dec 1996	0	1,018	23.32	—	$0
Nov 1996	0	1,086	21.97	—	$0
Oct 1996	0	934	23.31	—	$0
Sep 1996	0	1,169	22.22	—	$0
Aug 1996	0	853	20.26	—	$0
Jul 1996	0	986	19.55	—	$0
Jun 1996	0	1,019	18.73	—	$0
May 1996	0	1,080	19.43	—	$0
Apr 1996	0	1,005	21.51	—	$0
Mar 1996	0	1,156	19.38	—	$0
Feb 1996	0	974	16.98	—	$0
Jan 1996	0	999	17.07	—	$0
Dec 1995	0	785	17.19	—	$0
Nov 1995	0	964	16.00	—	$0
Oct 1995	0	1,020	15.43	—	$0
Sep 1995	0	1,164	16.18	—	$0
Aug 1995	0	846	15.92	—	$0
Jul 1995	0	1,103	15.24	—	$0
Jun 1995	0	1,148	16.41	—	$0
May 1995	0	804	17.56	—	$0
Apr 1995	0	941	17.73	—	$0
Mar 1995	0	982	16.44	—	$0
Feb 1995	0	1,084	16.58	—	$0
Jan 1995	0	1,136	15.92	—	$0
Dec 1994	0	1,007	15.03	—	$0
Nov 1994	0	998	15.90	—	$0
Oct 1994	0	1,098	15.58	—	$0
Sep 1994	0	1,124	15.29	—	$0
Aug 1994	0	1,205	16.13	—	$0
Jul 1994	0	1,278	17.56	—	$0
Jun 1994	0	1,178	17.09	—	$0
May 1994	0	1,132	15.88	—	$0
Apr 1994	0	1,297	14.14	—	$0
Mar 1994	0	1,361	12.46	—	$0
Feb 1994	0	1,167	12.50	—	$0
Jan 1994	0	1,255	12.66	—	$0
Dec 1993	0	1,359	12.33	—	$0
Nov 1993	0	1,075	14.49	—	$0
Oct 1993	0	818	15.85	—	$0
Sep 1993	0	1,346	15.03	—	$0
Aug 1993	0	940	15.66	—	$0
Jul 1993	0	1,591	15.46	—	$0
Jun 1993	0	2,852	16.79	—	$0
May 1993	0	2,391	17.68	—	$0
Apr 1993	0	1,831	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	99	17.90	—	$0
Jan 1993	0	1,717	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 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 97.42 =         $0
Gas                   81 Mcf  × $  3.78 =       $306

────────────────────────────────────────────────────
Month total                                     $306

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. 7B/G/121301 is the state's own key, not one this site invented.