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GUILD

Operated by TRI-C RESOURCES PARTNERS I, LLC (P-5 103976) in the PAUL (LW-75) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 288518District 03Field 69740500CondensateGasSaveExport
Value, all time
$36.5 M
Jun 2019 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
84
no gaps in the span
Streams
2
condensate, gas

The PAUL (LW-75) 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1986-03-24
as the register files it
Field class
Gas
the register's own label
Between wells
—
no field rule filed
From a lease line
—
no field rule filed

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 11/01/2018.”

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
CondensateDisposition105,641 bbl$7,846,767
GasProduction6,702,695 Mcf$28,638,959
Total$36,485,726

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 29.7850, -96.4804. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.78496, -96.48044 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,763 ft
1 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.
1100.0%

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 12,763 ft.

Completions filed
Jun 2019
1 of 1 wells

1 well

42-08932758112,763 ftJun 2019——

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 (84)

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

84 months

May 202654445,241106.413.05$195,684
Apr 202672945,34898.932.87$202,256
Mar 202673647,07789.753.15$214,322
Feb 202673742,95463.503.75$207,891
Jan 202672548,38459.138.00$429,841
Dec 202592248,11056.664.41$264,567
Nov 202574146,61858.593.93$226,458
Oct 202555148,85459.383.30$194,173
Sep 202590247,99262.743.08$204,259
Aug 202571849,34663.933.01$194,668
Jul 202571349,68066.743.32$212,285
Jun 202588645,85166.483.13$202,356
May 202571949,35260.553.23$203,057
Apr 202571548,77262.363.54$217,392
Mar 20251,11246,35567.704.27$273,140
Feb 202554340,92770.884.34$216,145
Jan 202597267,64674.324.28$361,675
Dec 202494963,18868.993.12$262,705
Nov 202476545,39369.052.20$152,617
Oct 202453941,19571.372.28$132,451
Sep 202471541,48069.612.36$147,845
Aug 202491742,91975.632.06$157,922
Jul 202456641,64479.932.15$134,633
Jun 202471739,44578.082.63$159,881
May 202436631,81678.812.20$98,790
Apr 202474432,77384.451.66$117,208
Mar 202418912,29180.301.55$34,168
Feb 202495063,06876.091.78$184,776
Jan 20241,32485,55173.023.30$378,797
Dec 20231,32289,14871.262.61$326,946
Nov 20231,13784,24177.892.81$325,073
Oct 20231,33488,25885.443.09$386,454
Sep 20231,30191,12289.042.74$365,063
Aug 20231,33494,82380.522.67$360,864
Jul 20231,69795,83474.852.64$380,195
Jun 20231,13385,19068.962.26$270,532
May 20231,14266,48670.622.23$228,739
Apr 20231,33383,90378.122.24$291,889
Mar 20231,53498,64172.852.39$347,816
Feb 20231,33891,85775.112.47$326,987
Jan 20231,52984,30876.533.39$402,626
Dec 20221,718108,09576.415.73$750,557
Nov 20221,951137,00485.005.65$939,387
Oct 20222,117144,78887.185.86$1,033,562
Sep 20222,032134,52184.888.16$1,270,663
Aug 20222,875184,27694.529.13$1,953,662
Jul 20222,338184,839101.587.54$1,631,565
Jun 20222,370177,329115.097.98$1,687,352
May 20223,077177,581109.378.43$1,834,079
Apr 20222,523179,825104.226.84$1,492,518
Mar 20222,527161,627108.885.08$1,095,623
Feb 20223,072213,26991.054.86$1,315,946
Jan 20222,508180,76181.844.54$1,025,490
Dec 20212,866182,28171.323.90$915,139
Nov 20212,854177,92577.435.24$1,152,752
Oct 20213,196190,02779.795.71$1,340,798
Sep 20213,184186,88169.865.35$1,222,420
Aug 20211,868113,46866.024.22$602,227
Jul 20211,66097,34070.783.98$505,110
Jun 20211,319101,07169.493.38$433,340
May 20212,101126,31563.483.02$514,548
Apr 202157239,70060.362.76$144,035
Mar 20211,10670,03061.302.72$258,065
Feb 20211,59962,93357.805.55$441,571
Jan 20212,096120,06850.412.81$443,083
Dec 20201,963117,42944.642.68$401,805
Nov 20202,130105,59538.772.71$368,380
Oct 20201,59296,51536.972.48$298,062
Sep 20201,77690,76937.091.99$246,597
Aug 20201,23753,69639.982.39$177,526
Jul 202035421,41738.371.83$52,672
Jun 202018030,50434.901.69$57,843
May 2020033,01516.921.81$59,914
Apr 202054525,32514.751.80$53,735
Mar 20201,11448,34230.341.86$123,533
Feb 20201,13258,45649.881.98$172,246
Jan 20201,50977,41357.252.09$248,550
Dec 201974078,98059.012.30$225,666
Nov 2019020455.302.75$561
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$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.

May 2026 — as filed, then multipliedworked
Condensate           544 bbl  × $106.41 =    $57,887
Gas               45,241 Mcf  × $  3.05 =   $137,797

────────────────────────────────────────────────────
Month total                                 $195,684

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. 03/G/288518 is the state's own key, not one this site invented.