CANNON "A"

Operated by BRIDWELL OIL CO. (P-5 92480) in the RULE WEST (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26084District 7BField 78887450OilCasinghead gasSaveExport
Value, all time
$198 k
Jan 1993 – Jul 1998
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
67
no gaps in the span
Streams
2
oil, casinghead 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 11 leases and 34 wells, and the rule below applies to all of them.

Discovered
1990-02-27
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 1990-07-26.

The Commission's schedule remark for this field reads: FLD. RULES PER DKT#7B-95008 EFF. 7/26/90.

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
OilDisposition12,015 bbl$197,876
Casinghead gasProduction21 Mcf$0
Total$197,876

21 Mcf of this lease's gas, across 21 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 33.1807, -99.9778. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.18069, -99.97782 · 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
4,987 ft
1 wells filed one
Completion to plug
28.8 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 4,987 ft.

Completions filed
Jan 1991
1 of 1 wells
Plug dates filed
Nov 2019
1 of 1 wells

Last completion to plug: a median of 28.8 years across the 1 well that filed both dates, with the middle half between 28.8 years and 28.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2073210114,987 ftJan 1991Nov 2019Yes

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 (67)

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

67 months

Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998364012.802.31$4,659
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997166016.322.41$2,709
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997167017.582.25$2,936
Jun 19970017.242.26$0
May 1997163018.972.31$3,092
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997164020.492.21$3,360
Jan 19970023.483.54$0
Dec 1996157023.32$3,661
Nov 1996166021.97$3,647
Oct 19960023.31$0
Sep 1996153022.22$3,400
Aug 1996166020.26$3,363
Jul 1996164019.55$3,206
Jun 19960018.73$0
May 1996162019.43$3,148
Apr 1996164021.51$3,528
Mar 1996162019.38$3,140
Feb 1996161016.98$2,734
Jan 1996164017.07$2,799
Dec 1995167017.19$2,871
Nov 1995166016.00$2,656
Oct 1995324015.43$4,999
Sep 1995166016.18$2,686
Aug 1995165015.92$2,627
Jul 1995329015.24$5,014
Jun 1995160016.41$2,626
May 19950017.56$0
Apr 1995161017.73$2,855
Mar 1995167016.44$2,745
Feb 1995166016.58$2,752
Jan 1995167015.92$2,659
Dec 1994168015.03$2,525
Nov 1994334015.90$5,311
Oct 1994167015.58$2,602
Sep 1994165115.29$2,523
Aug 1994166116.13$2,678
Jul 1994331117.56$5,812
Jun 1994164117.09$2,803
May 1994332115.88$5,272
Apr 1994161114.14$2,277
Mar 1994334112.46$4,162
Feb 1994315112.50$3,938
Jan 1994335112.66$4,241
Dec 1993182112.33$2,244
Nov 1993327114.49$4,738
Oct 1993492115.85$7,798
Sep 1993333115.03$5,005
Aug 1993330115.66$5,168
Jul 1993324115.46$5,009
Jun 1993317116.79$5,322
May 1993470117.68$8,310
Apr 1993327118.05$5,902
Mar 1993333118.14$6,041
Feb 1993334117.90$5,979
Jan 1993493116.93$8,346

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.

Mar 1998 — as filed, then multipliedworked
Oil                  364 bbl  × $ 12.80 =     $4,659
Casinghead gas         0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                   $4,659

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/O/26084 is the state's own key, not one this site invented.