LACEY, JOHN

Operated by GUINN OPERATING COMPANY, LLC (P-5 337507) in the ALFRED, WEST (3170) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8873District 04Field 01442700NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
401
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 4 leases and 7 wells, and the rule below applies to all of them.

Discovered
1977-03-03
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
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
OilDisposition43,603 bbl$1,740,411
Casinghead gasProduction3,150 Mcf$146
Total$1,740,557

3,101 Mcf of this lease's gas, across 29 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 (3)

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 27.8986, -98.0113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

27.89850, -98.01153 · 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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
5,232 ft
3 wells filed one
Completion to plug
11.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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 4,624 and 5,284 ft, median 5,232 ft, over the 3 wells that filed a depth.

Completions filed
Feb 1978 – Nov 1978
2 of 3 wells; 1 filed none
Plug dates filed
Jul 1980 – Jan 1990
2 of 3 wells; 1 filed none

Last completion to plug: a median of 11.2 years across the 1 well that filed both dates, with the middle half between 11.2 years and 11.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-2493055014,624 ftJul 1980Yes
42-2493096565,284 ftNov 1978Jan 1990Yes
42-2493080225,232 ftFeb 1978

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025151063.933.01$9,653
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025160067.704.27$10,832
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024170075.632.06$12,857
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024168076.091.78$12,783
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023160080.522.67$12,883
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021119079.795.71$9,495
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021157063.483.02$9,966
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021160057.805.55$9,248
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020153036.972.48$5,656
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020145038.371.83$5,564
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020147057.252.09$8,416
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019144053.472.42$7,700
Sep 20190055.052.66$0
Aug 2019171053.112.30$9,082
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019145058.482.74$8,480
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019155050.852.79$7,882
Jan 20190046.033.23$0
Dec 2018179046.594.19$8,340
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018156059.543.11$9,288
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018149060.183.08$8,967
May 20180065.382.90$0
Apr 2018146063.842.90$9,321
Mar 20180061.222.79$0
Feb 2018153061.782.77$9,452
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017157055.423.12$8,701
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017159050.452.95$8,022
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016155042.492.64$6,586
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016145041.442.92$6,009
Jul 20160041.622.92$0
Jun 2016143045.352.69$6,485
May 20160042.521.99$0
Apr 2016154036.561.99$5,630
Mar 20160033.011.79$0
Feb 2016160026.472.06$4,235
Jan 20160027.352.36$0
Dec 2015154032.362.00$4,983
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015149042.992.76$6,406
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015152056.152.88$8,535
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015153042.892.93$6,562
Feb 20150044.662.98$0
Jan 2015154043.433.10$6,688
Dec 20140054.693.59$0
Nov 2014148070.464.25$10,428
Oct 20140078.303.90$0
Sep 2014143086.164.05$12,321
Aug 20140089.394.04$0
Jul 2014153096.564.18$14,774
Jun 20140098.164.74$0
May 2014146094.734.73$13,831
Apr 20140095.944.81$0
Mar 2014152095.895.06$14,575
Feb 20140097.406.19$0
Jan 2014150090.404.86$13,560
Dec 20130091.824.35$0
Nov 2013165088.853.74$14,660
Oct 20130097.423.78$0
Sep 20131600104.113.72$16,658
Aug 201300104.253.52$0
Jul 20131600102.523.72$16,403
Jun 20130094.403.93$0
May 2013153094.834.15$14,509
Apr 2013173093.964.28$16,255
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013156091.603.42$14,290
Dec 2012151086.773.42$13,102
Nov 20120086.953.62$0
Oct 2012153089.383.40$13,675
Sep 20120094.672.92$0
Aug 2012149092.662.91$13,806
Jul 2012151085.133.02$12,855
Jun 20120079.822.52$0
May 2012160091.612.49$14,658
Apr 20121520101.652.00$15,451
Mar 201200105.052.22$0
Feb 20121580101.102.57$15,974
Jan 20120098.092.73$0
Dec 2011168096.873.24$16,274
Nov 20110095.723.31$0
Oct 2011143084.983.65$12,152
Sep 20110083.623.99$0
Aug 2011148083.404.15$12,343
Jul 2011147094.144.52$13,839
Jun 20110092.904.64$0
May 2011151098.134.40$14,818
Apr 201100105.964.33$0
Mar 2011141096.364.06$13,587
Feb 2011167085.644.18$14,302
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010150080.843.80$12,126
Oct 20100078.103.51$0
Sep 2010152072.633.98$11,040
Aug 2010150073.684.42$11,052
Jul 20100072.554.74$0
Jun 2010157070.364.91$11,047
May 2010168071.124.24$11,948
Apr 20100081.694.12$0
Mar 2010147078.394.39$11,523
Feb 2010155073.585.44$11,405
Jan 20100074.365.96$0
Dec 2009151071.445.48$10,787
Nov 2009142074.593.75$10,592
Oct 20090072.544.11$0
Sep 2009144065.543.06$9,438
Aug 2009151067.423.22$10,180
Jul 2009159061.133.46$9,720
Jun 20090066.163.90$0
May 2009148054.743.93$8,102
Apr 2009149046.773.59$6,969
Mar 20090042.144.06$0
Feb 2009157032.814.63$5,151
Jan 2009153035.865.37$5,487
Dec 2008168037.105.98$6,233
Nov 20080055.496.86$0
Oct 2008142075.246.92$10,684
Sep 20081660101.767.88$16,892
Aug 200800114.228.48$0
Jul 20081470131.0811.39$19,269
Jun 20081480131.3313.03$19,437
May 20081520123.1711.57$18,722
Apr 200800110.3110.45$0
Mar 20081260101.909.66$12,839
Feb 2008147092.538.77$13,602
Jan 2008169090.388.21$15,274
Dec 2007158088.337.30$13,956
Nov 2007169091.677.29$15,492
Oct 20070082.856.92$0
Sep 2007158075.846.24$11,983
Aug 2007146069.066.39$10,083
Jul 2007102070.906.39$7,232
Jun 2007129062.007.55$7,998
May 2007104058.747.85$6,109
Apr 2007131059.617.81$7,809
Mar 2007113056.927.30$6,432
Feb 2007162055.108.22$8,926
Jan 20070050.306.73$0
Dec 2006172056.656.92$9,744
Nov 2006140054.207.62$7,588
Oct 2006168054.906.01$9,223
Sep 20060060.085.04$0
Aug 2006133068.717.34$9,138
Jul 2006156069.376.34$10,822
Jun 2006161066.286.38$10,671
May 2006173066.016.42$11,420
Apr 20060064.397.36$0
Mar 2006153056.707.08$8,675
Feb 20060057.597.75$0
Jan 2006166060.598.93$10,058
Dec 2005136054.9413.42$7,472
Nov 20050054.6910.59$0
Oct 2005127058.3413.80$7,409
Sep 2005121061.4512.08$7,435
Aug 2005146061.519.80$8,980
Jul 2005146055.697.84$8,131
Jun 2005166052.337.38$8,687
May 2005169045.226.65$7,642
Apr 20050049.207.36$0
Mar 2005150050.377.15$7,556
Feb 2005149045.226.31$6,738
Jan 2005168043.166.32$7,251
Dec 2004167039.866.75$6,657
Nov 20040045.286.33$0
Oct 2004132049.706.52$6,560
Sep 2004141043.245.28$6,097
Aug 2004153042.375.55$6,483
Jul 2004171038.286.08$6,546
Jun 2004163036.106.43$5,884
May 2004157037.486.49$5,884
Apr 2004177034.475.86$6,101
Mar 2004179034.365.53$6,150
Feb 20040032.455.51$0
Jan 2004173032.036.30$5,541
Dec 2003181030.266.30$5,477
Nov 2003100028.804.60$2,880
Oct 2003172028.174.76$4,845
Sep 2003173026.314.75$4,552
Aug 2003177029.765.13$5,268
Jul 2003178029.415.17$5,235
Jun 2003179028.565.98$5,112
May 2003179026.595.97$4,760
Apr 2003181026.675.41$4,827
Mar 2003181031.146.10$5,636
Feb 2003185033.487.93$6,194
Jan 2003180030.315.58$5,456
Dec 2002180026.914.85$4,844
Nov 20020024.664.14$0
Oct 2002154026.464.23$4,075
Sep 2002162027.443.64$4,445
Aug 2002176025.963.16$4,569
Jul 2002167024.583.06$4,105
Jun 2002177023.733.34$4,200
May 2002178024.663.58$4,389
Apr 2002178023.653.51$4,210
Mar 2002181022.003.10$3,982
Feb 2002180018.222.38$3,280
Jan 2002182017.172.38$3,125
Dec 2001181016.932.36$3,064
Nov 2001181018.072.41$3,271
Oct 2001175019.782.53$3,462
Sep 2001173024.262.25$4,197
Aug 20010024.873.05$0
Jul 2001337023.933.20$8,064
Jun 20010024.563.82$0
May 2001164025.524.31$4,185
Apr 2001178024.685.34$4,393
Mar 2001174024.545.38$4,270
Feb 2001171027.755.77$4,745
Jan 2001180127.478.40$4,953
Dec 2000181126.889.12$4,874
Nov 2000181132.215.66$5,836
Oct 2000179131.235.15$5,595
Sep 2000179131.875.19$5,710
Aug 2000177129.644.54$5,251
Jul 2000178128.534.09$5,082
Jun 2000177129.304.40$5,191
May 2000179127.263.68$4,883
Apr 2000166124.513.12$4,072
Mar 2000161128.422.86$4,578
Feb 2000181127.622.73$5,002
Jan 2000179125.272.48$4,526
Dec 1999182124.282.42$4,421
Nov 1999261123.192.43$6,055
Oct 1999183120.982.80$3,842
Sep 1999179121.752.62$3,896
Aug 1999180119.262.88$3,470
Jul 1999177117.892.37$3,169
Jun 1999178115.942.36$2,840
May 1999352115.792.32$5,560
Apr 1999180115.102.21$2,720
Mar 1999179112.471.84$2,234
Feb 199918019.981.82$1,798
Jan 1999181110.381.90$1,881
Dec 199818419.201.77$1,695
Nov 1998174110.892.19$1,897
Oct 1998180112.421.97$2,238
Sep 1998172112.592.08$2,168
Aug 1998356111.301.91$4,025
Jul 1998177111.742.24$2,080
Jun 1998178111.242.24$2,003
May 1998176112.622.21$2,223
Apr 1998180113.042.51$2,350
Mar 1998181112.802.31$2,319
Feb 1998178113.952.30$2,485
Jan 1998356114.702.15$5,235
Dec 1997179116.322.41$2,924
Nov 1997177118.193.09$3,223
Oct 1997179119.253.15$3,449
Sep 1997176117.742.95$3,125
Aug 1997178117.862.55$3,182
Jul 1997179117.582.25$3,149
Jun 1997361117.242.26$6,226
May 1997179118.972.31$3,398
Apr 1997183117.882.08$3,274
Mar 1997183118.951.94$3,470
Feb 1997181120.492.21$3,711
Jan 1997183123.483.54$4,300
Dec 1996183023.32$4,268
Nov 1996256021.97$5,624
Oct 1996182023.31$4,242
Sep 1996362022.22$8,044
Aug 1996180020.26$3,647
Jul 1996176019.55$3,441
Jun 1996180018.73$3,371
May 1996332019.43$6,451
Apr 1996177021.51$3,807
Mar 1996179019.38$3,469
Feb 1996355016.98$6,028
Jan 1996180017.07$3,073
Dec 1995180017.19$3,094
Nov 1995182016.00$2,912
Oct 1995359015.43$5,539
Sep 1995180016.18$2,912
Aug 1995180015.92$2,866
Jul 19951809415.24$2,743
Jun 1995356016.41$5,842
May 19951809817.56$3,161
Apr 19951806317.73$3,191
Mar 199517510816.44$2,877
Feb 199517910716.58$2,968
Jan 199518213315.92$2,897
Dec 199418113415.03$2,720
Nov 199418214515.90$2,894
Oct 199418014915.58$2,804
Sep 1994181015.29$2,767
Aug 199435715416.13$5,758
Jul 199417817817.56$3,126
Jun 199417913217.09$3,059
May 19941808815.88$2,858
Apr 199418011614.14$2,545
Mar 19941839412.46$2,280
Feb 199408212.50$0
Jan 199405112.66$0
Dec 19931826312.33$2,244
Nov 199318111314.49$2,623
Oct 199318112215.85$2,869
Sep 199335811515.03$5,381
Aug 19931789915.66$2,787
Jul 199317810715.46$2,752
Jun 199317910116.79$3,005
May 19931812017.68$3,200
Apr 199318110518.05$3,267
Mar 199318210918.14$3,301
Feb 19933459717.90$6,176
Jan 199318212416.93$3,081

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.

Aug 2025 — as filed, then multipliedworked
Oil                  151 bbl  × $ 63.93 =     $9,653
Casinghead gas         0 Mcf  × $  3.01 =         $0

────────────────────────────────────────────────────
Month total                                   $9,653

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/O/8873 is the state's own key, not one this site invented.