GUFFEY, J.M.

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

Operated by RADCO OPERATIONS, L.P. (P-5 687790) in the SOUR LAKE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15047District 03Field 84693001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$685 k

Jan 1993 – Jun 2016

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

282

no gaps in the span

Streams

oil, casinghead gas

The SOUR LAKE 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 257 leases and 1,323 wells, and the rule below applies to all of them.

Discovered

1902-01-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

0 ft

minimum

A drilling unit in this field needs at least 0 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “PER ORDER 3-20072 EFF 1-22-51, AMENDED RULE 2”

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	22,217 bbl	$685,298
Casinghead gas	Production	30 Mcf	$8
Total			$685,305

27 Mcf of this lease's gas, across 27 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 (2)

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 30.1388, -94.4239. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.13883, -94.42386 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

2,306 ft

2 wells filed one

Completion to plug

21.9 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 2,300 and 2,311 ft, median 2,306 ft, over the 2 wells that filed a depth.

Completions filed

Oct 1981 – Mar 1982

2 of 2 wells

Plug dates filed

Oct 1991 – Jan 2016

2 of 2 wells

Last completion to plug: a median of 21.9 years across the 2 wells that filed both dates, with the middle half between 16.0 years and 27.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-19931696	2	2,311 ft	Mar 1982	Jan 2016	Yes
42-19981488	1	2,300 ft	Oct 1981	Oct 1991	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 (282)

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

282 months


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	120	0	27.35	2.36	$3,282
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	150	0	94.73	4.73	$14,210
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	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	40	0	93.62	3.91	$3,745
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	86	0	91.60	3.42	$7,878
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	151	0	79.82	2.52	$12,053
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	154	0	105.05	2.22	$16,178
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	152	0	95.72	3.31	$14,549
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	137	0	105.96	4.33	$14,517
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	153	0	85.64	4.18	$13,103
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	153	0	80.84	3.80	$12,369
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	149	0	70.36	4.91	$10,484
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	152	0	78.39	4.39	$11,915
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	152	0	71.44	5.48	$10,859
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	152	0	67.42	3.22	$10,248
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	153	0	54.74	3.93	$8,375
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	153	0	32.81	4.63	$5,020
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	239	0	55.49	6.86	$13,262
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	149	0	131.08	11.39	$19,531
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	137	0	110.31	10.45	$15,112
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	151	0	92.53	8.77	$13,972
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	147	0	91.67	7.29	$13,475
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	150	0	69.06	6.39	$10,359
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	154	0	58.74	7.85	$9,046
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	153	0	56.92	7.30	$8,709
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	141	0	68.71	7.34	$9,688
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	153	0	66.28	6.38	$10,141
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	162	0	54.94	13.42	$8,900
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	156	0	55.69	7.84	$8,688
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	149	0	45.22	6.31	$6,738
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	164	0	45.28	6.33	$7,426
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	139	0	38.28	6.08	$5,321
Jun 2004	155	0	36.10	6.43	$5,596
May 2004	0	0	37.48	6.49	$0
Apr 2004	65	0	34.47	5.86	$2,241
Mar 2004	156	0	34.36	5.53	$5,360
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	164	0	30.26	6.30	$4,963
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	160	0	28.17	4.76	$4,507
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	157	0	29.76	5.13	$4,672
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	163	0	28.56	5.98	$4,655
May 2003	0	0	26.59	5.97	$0
Apr 2003	300	0	26.67	5.41	$8,001
Mar 2003	157	0	31.14	6.10	$4,889
Feb 2003	144	0	33.48	7.93	$4,821
Jan 2003	162	0	30.31	5.58	$4,910
Dec 2002	104	0	26.91	4.85	$2,799
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	162	0	26.46	4.23	$4,287
Sep 2002	160	0	27.44	3.64	$4,390
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	156	0	24.58	3.06	$3,834
Jun 2002	168	0	23.73	3.34	$3,987
May 2002	0	0	24.66	3.58	$0
Apr 2002	162	0	23.65	3.51	$3,831
Mar 2002	160	0	22.00	3.10	$3,520
Feb 2002	168	0	18.22	2.38	$3,061
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	161	0	16.93	2.36	$2,726
Nov 2001	166	0	18.07	2.41	$3,000
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	160	0	24.26	2.25	$3,882
Aug 2001	161	0	24.87	3.05	$4,004
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	163	0	24.56	3.82	$4,003
May 2001	159	0	25.52	4.31	$4,058
Apr 2001	163	0	24.68	5.34	$4,023
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	118	0	27.75	5.77	$3,275
Jan 2001	166	0	27.47	8.40	$4,560
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	131	0	32.21	5.66	$4,220
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	127	0	31.87	5.19	$4,047
Aug 2000	127	0	29.64	4.54	$3,764
Jul 2000	121	0	28.53	4.09	$3,452
Jun 2000	149	0	29.30	4.40	$4,366
May 2000	95	0	27.26	3.68	$2,590
Apr 2000	154	0	24.51	3.12	$3,775
Mar 2000	98	0	28.42	2.86	$2,785
Feb 2000	101	0	27.62	2.73	$2,790
Jan 2000	113	0	25.27	2.48	$2,856
Dec 1999	157	0	24.28	2.42	$3,812
Nov 1999	161	0	23.19	2.43	$3,734
Oct 1999	164	0	20.98	2.80	$3,441
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	160	0	19.26	2.88	$3,082
Jul 1999	153	0	17.89	2.37	$2,737
Jun 1999	162	0	15.94	2.36	$2,582
May 1999	0	0	15.79	2.32	$0
Apr 1999	160	0	15.10	2.21	$2,416
Mar 1999	168	0	12.47	1.84	$2,095
Feb 1999	170	0	9.98	1.82	$1,697
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	169	0	9.20	1.77	$1,555
Nov 1998	173	0	10.89	2.19	$1,884
Oct 1998	171	0	12.42	1.97	$2,124
Sep 1998	162	0	12.59	2.08	$2,040
Aug 1998	167	0	11.30	1.91	$1,887
Jul 1998	167	0	11.74	2.24	$1,961
Jun 1998	0	0	11.24	2.24	$0
May 1998	171	0	12.62	2.21	$2,158
Apr 1998	165	0	13.04	2.51	$2,152
Mar 1998	169	0	12.80	2.31	$2,163
Feb 1998	170	0	13.95	2.30	$2,372
Jan 1998	169	0	14.70	2.15	$2,484
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	169	0	18.19	3.09	$3,074
Oct 1997	337	0	19.25	3.15	$6,487
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	159	0	17.86	2.55	$2,840
Jul 1997	156	0	17.58	2.25	$2,742
Jun 1997	165	0	17.24	2.26	$2,845
May 1997	163	0	18.97	2.31	$3,092
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	243	1	18.95	1.94	$4,607
Feb 1997	163	1	20.49	2.21	$3,342
Jan 1997	163	1	23.48	3.54	$3,831
Dec 1996	154	1	23.32	—	$3,591
Nov 1996	162	1	21.97	—	$3,559
Oct 1996	151	1	23.31	—	$3,520
Sep 1996	164	1	22.22	—	$3,644
Aug 1996	332	1	20.26	—	$6,726
Jul 1996	164	1	19.55	—	$3,206
Jun 1996	165	1	18.73	—	$3,090
May 1996	166	1	19.43	—	$3,225
Apr 1996	165	1	21.51	—	$3,549
Mar 1996	160	1	19.38	—	$3,101
Feb 1996	163	1	16.98	—	$2,768
Jan 1996	166	1	17.07	—	$2,834
Dec 1995	159	1	17.19	—	$2,733
Nov 1995	165	1	16.00	—	$2,640
Oct 1995	166	1	15.43	—	$2,561
Sep 1995	165	0	16.18	—	$2,670
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	165	0	17.56	—	$2,897
Apr 1995	161	0	17.73	—	$2,855
Mar 1995	161	0	16.44	—	$2,647
Feb 1995	164	0	16.58	—	$2,719
Jan 1995	168	0	15.92	—	$2,675
Dec 1994	163	0	15.03	—	$2,450
Nov 1994	168	0	15.90	—	$2,671
Oct 1994	169	0	15.58	—	$2,633
Sep 1994	162	0	15.29	—	$2,477
Aug 1994	163	0	16.13	—	$2,629
Jul 1994	314	0	17.56	—	$5,514
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	158	0	12.66	—	$2,000
Dec 1993	0	1	12.33	—	$0
Nov 1993	159	1	14.49	—	$2,304
Oct 1993	162	1	15.85	—	$2,568
Sep 1993	162	1	15.03	—	$2,435
Aug 1993	163	1	15.66	—	$2,553
Jul 1993	176	1	15.46	—	$2,721
Jun 1993	321	1	16.79	—	$5,390
May 1993	161	1	17.68	—	$2,846
Apr 1993	164	1	18.05	—	$2,960
Mar 1993	165	1	18.14	—	$2,993
Feb 1993	151	1	17.90	—	$2,703
Jan 1993	317	1	16.93	—	$5,367

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.

Jan 2016 — as filed, then multipliedworked

Oil                  120 bbl  × $ 27.35 =     $3,282
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $3,282

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/O/15047 is the state's own key, not one this site invented.