GUITARRA

Operated by MESTENA OPERATING, L.L.C. (P-5 562071) in the MESTENA GRANDE (QUEEN CITY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 227850District 04Field 608235012 tax incentive programmesCondensateGasSaveExport
Value, all time
$145 k
Jun 2007 – May 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
91
5 months not filed
Streams
2
condensate, 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 58 leases and 58 wells, and the rule below applies to all of them.

Discovered
2003-07-08
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2003-08-19.

The Commission's schedule remark for this field reads: BETWEEN WELL SPACING.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-05-04183598
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition359 bbl$29,099
GasProduction17,194 Mcf$116,395
Total$145,493

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 27.2969, -98.5820. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29686, -98.58197 · 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
10,000 ft
1 wells filed one
Completion to plug
2.6 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 10,000 ft.

Completions filed
Apr 2012
1 of 1 wells
Plug dates filed
Nov 2014
1 of 1 wells

Last completion to plug: a median of 2.6 years across the 1 well that filed both dates, with the middle half between 2.6 years and 2.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24732396110,000 ftApr 2012Nov 2014Yes

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 (91)

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

91 months

May 20150055.212.96$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012400105.052.22$4,202
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20111196.873.24$100
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201105283.404.15$216
Jul 201107094.144.52$316
Jun 201128592.904.64$580
May 201119798.134.40$525
Apr 2011017105.964.33$74
Mar 201126996.364.06$473
Feb 201127885.644.18$497
Jan 201115086.504.59$316
Dec 2010118585.734.35$890
Nov 2010111380.843.80$510
Oct 2010116478.103.51$654
Sep 2010018572.633.98$736
Aug 201019673.684.42$498
Jul 2010112472.554.74$660
Jun 2010521770.364.91$1,417
May 2010024471.124.24$1,033
Apr 2010312181.694.12$744
Mar 201013015678.394.39$10,875
Feb 2010314173.585.44$988
Jan 2010413774.365.96$1,115
Dec 2009216771.445.48$1,059
Nov 2009411174.593.75$715
Oct 2009411572.544.11$763
Sep 2009516965.543.06$846
Aug 2009028267.423.22$908
Jul 2009720061.133.46$1,121
Jun 200903166.163.90$121
May 2009067754.743.93$2,658
Apr 2009151446.773.59$1,891
Mar 2009430542.144.06$1,407
Feb 200935832.814.63$367
Jan 2009040835.865.37$2,191
Dec 2008555837.105.98$3,521
Nov 20081046255.496.86$3,724
Oct 2008324575.246.92$1,922
Sep 20080188101.767.88$1,481
Aug 20084476114.228.48$4,495
Jul 20080496131.0811.39$5,649
Jun 20089538131.3313.03$8,194
May 20083475123.1711.57$5,867
Apr 20088540110.3110.45$6,528
Mar 200810553101.909.66$6,363
Feb 2008141492.538.77$3,724
Jan 2008957990.388.21$5,565
Dec 2007244488.337.30$3,419
Nov 2007852191.677.29$4,532
Oct 2007673882.856.92$5,606
Sep 2007489375.846.24$5,879
Aug 200741,29069.066.39$8,517
Jul 200781,25470.906.39$8,578
Jun 2007361,09162.007.55$10,467

Not filed, and not zero: Dec 2014 – Apr 2015 (5 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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 2012 — as filed, then multipliedworked
Condensate            40 bbl  × $105.05 =     $4,202
Gas                    0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                   $4,202

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. 04/G/227850 is the state's own key, not one this site invented.