Cannon 1

Oil & Gas Property in Colorado County, TX

Property Summary

Key data points for Cannon 1

CountyColorado County, TX
OperatorSQUARE MILE ENERGY, L.L.C.
Production DatesSep 2013 - Jan 2024
Total Oil Production722,278 BBLs
Total Gas Production15,444,137 MCF
Recent Oil Production757 BBLs in Dec 2023
Recent Gas Production23,453 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Cannon 1

ShaleAssessment

$114,413 *

MarketMultiple

$152,965 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Cannon 1 Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Cannon 1
from Sep 2013 to Jan 2024

Wells on Cannon 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-089-32698CANNON 1SQUARE MILE ENERGY, L.L.C.ProducingColorado County, TX29.597891-96.671905

Leases included in Cannon 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-271318CANNON 1SQUARE MILE ENERGY, L.L.C.Colorado County, TX

Nearby Properties

These are the closest 17 properties to the Cannon 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
East Hamel GColorado County, TX0 BBLs0 MCFJul 2022
GlasscockColorado County, TX605 BBLs14,688 MCFJan 2024
GrodhausColorado County, TX72 BBLs0 MCFJan 2024
HobizalColorado County, TX608 BBLs0 MCFJan 2024
Hoegemeyer A 1Colorado County, TX198 BBLs7,850 MCFDec 2023
HopkinsColorado County, TX773 BBLs21,319 MCFJan 2024
JohnsonColorado County, TX0 BBLs0 MCFJun 2020
Johnson B. A. D Oil Unit 1Colorado County, TX0 BBLs0 MCFJan 2024
Koehn UnitColorado County, TX55 BBLs0 MCFJan 2024
McDowellColorado County, TX388 BBLs10,611 MCFJan 2024
Miller, GeorgeColorado County, TX115 BBLs5,919 MCFJan 2024
Morrison Lavine OColorado County, TX28 BBLs1,987 MCFJan 2024
Selma Boeker TaylorColorado County, TX357 BBLs0 MCFJan 2024
Steger, R. LColorado County, TX0 BBLs0 MCFAug 2023
Taylor SelmaColorado County, TX0 BBLs0 MCFFeb 2014
Townsend-UnderwoodColorado County, TX0 BBLs0 MCFJun 2014
West Sandy Creek UnitColorado County, TX0 BBLs0 MCFAug 2014

Owners of Cannon 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023SQUARE MILE ENERGY LLCCANNON #1SQUARE MILE EN
2023F A S H FAMILY PARTNERSHIPCANNON #1SQUARE MILE EN
2023ALLDAY VENTURES LLCCANNON #1SQUARE MILE EN
2023COCHRAN SHARON DCANNON #1SQUARE MILE EN
2023HABERMACHER CAMILLE FONDRENCANNON #1SQUARE MILE EN
2023KSME INTERESTS LTDCANNON #1SQUARE MILE EN
2023MANNING FOUNDATION TRUSTCANNON #1SQUARE MILE EN
2023NORMAN MARKCANNON #1SQUARE MILE EN
Displaying 8 of 29 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Cannon 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-271318CANNON 1Nov 2023COKINOS OIL, L.L.C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Nov 2023COKINOS NATURAL GAS, L. L. C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Oct 2023COKINOS OIL, L.L.C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Oct 2023COKINOS NATURAL GAS, L. L. C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Oct 2023BALLARD NATURAL GAS II, LLCBALLARD EXPLORATION COMPANY, INC.
03-271318CANNON 1Sep 2023COKINOS OIL, L.L.C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Sep 2023COKINOS NATURAL GAS, L. L. C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Sep 2023BALLARD NATURAL GAS II, LLCBALLARD EXPLORATION COMPANY, INC.
03-271318CANNON 1Aug 2023COKINOS OIL, L.L.C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Aug 2023COKINOS NATURAL GAS, L. L. C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Aug 2023BALLARD NATURAL GAS II, LLCBALLARD EXPLORATION COMPANY, INC.
03-271318CANNON 1Jul 2023COKINOS OIL, L.L.C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Jul 2023COKINOS NATURAL GAS, L. L. C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Jul 2023BALLARD NATURAL GAS II, LLCBALLARD EXPLORATION COMPANY, INC.
03-271318CANNON 1Jun 2023COKINOS OIL, L.L.C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Jun 2023COKINOS NATURAL GAS, L. L. C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Jun 2023BALLARD NATURAL GAS II, LLCBALLARD EXPLORATION COMPANY, INC.
03-271318CANNON 1May 2023COKINOS OIL, L.L.C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1May 2023COKINOS NATURAL GAS, L. L. C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1May 2023BALLARD NATURAL GAS II, LLCBALLARD EXPLORATION COMPANY, INC.
03-271318CANNON 1Apr 2023COKINOS NATURAL GAS, L. L. C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Apr 2023BALLARD NATURAL GAS II, LLCBALLARD EXPLORATION COMPANY, INC.
03-271318CANNON 1Mar 2023COKINOS OIL, L.L.C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Mar 2023COKINOS NATURAL GAS, L. L. C.SQUARE MILE ENERGY, L.L.C.
03-271318CANNON 1Mar 2023BALLARD NATURAL GAS II, LLCBALLARD EXPLORATION COMPANY, INC.