GUTHRIE

Name: GUTHRIE lease production and value, Dec 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by QUANTUM RESOURCES MANAGEMENT,LLC (P-5 684554) in the OVERTON (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 209764District 06Field 678491502 tax incentive programmesCondensateGasSave Export

Value, all time

$2.0 M

Dec 2004 – Sep 2014

Value, last 12 filed months

$60 k

at the published price for each month

Months reported

118

no gaps in the span

Streams

condensate, gas

The OVERTON (COTTON VALLEY SAND) 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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered

1977-02-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

600 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-10-07	165570
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	6,915 bbl	$475,421
Gas	Production	226,589 Mcf	$1,511,698
Total			$1,987,119

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 32.1446, -95.0722. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14461, -95.07218 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

11,869 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

1100.0%

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.

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 11,869 ft.

Completions filed

Sep 2014

1 of 1 wells

1 well


42-42331826	2	11,869 ft	Sep 2014	—	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 (118)

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

118 months


Sep 2014	161	8	86.16	4.05	$13,904
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	2	457	96.56	4.18	$2,103
Jun 2014	0	370	98.16	4.74	$1,753
May 2014	4	318	94.73	4.73	$1,882
Apr 2014	0	786	95.94	4.81	$3,780
Mar 2014	2	21	95.89	5.06	$298
Feb 2014	10	628	97.40	6.19	$4,863
Jan 2014	2	808	90.40	4.86	$4,108
Dec 2013	195	853	91.82	4.35	$21,619
Nov 2013	0	807	88.85	3.74	$3,017
Oct 2013	2	772	97.42	3.78	$3,113
Sep 2013	0	772	104.11	3.72	$2,870
Aug 2013	0	774	104.25	3.52	$2,727
Jul 2013	0	921	102.52	3.72	$3,424
Jun 2013	196	1,027	94.40	3.93	$22,542
May 2013	0	1,045	94.83	4.15	$4,336
Apr 2013	2	789	93.96	4.28	$3,567
Mar 2013	0	1,025	93.62	3.91	$4,011
Feb 2013	2	936	91.23	3.42	$3,384
Jan 2013	0	887	91.60	3.42	$3,033
Dec 2012	2	867	86.77	3.42	$3,139
Nov 2012	5	907	86.95	3.62	$3,723
Oct 2012	0	1,020	89.38	3.40	$3,468
Sep 2012	192	790	94.67	2.92	$20,482
Aug 2012	0	959	92.66	2.91	$2,789
Jul 2012	3	934	85.13	3.02	$3,077
Jun 2012	1	879	79.82	2.52	$2,294
May 2012	0	788	91.61	2.49	$1,961
Apr 2012	3	932	101.65	2.00	$2,166
Mar 2012	187	1,002	105.05	2.22	$21,871
Feb 2012	2	817	101.10	2.57	$2,302
Jan 2012	3	1,041	98.09	2.73	$3,140
Dec 2011	1	986	96.87	3.24	$3,291
Nov 2011	3	942	95.72	3.31	$3,406
Oct 2011	2	1,146	84.98	3.65	$4,351
Sep 2011	3	1,008	83.62	3.99	$4,269
Aug 2011	176	1,166	83.40	4.15	$19,517
Jul 2011	5	993	94.14	4.52	$4,956
Jun 2011	8	1,062	92.90	4.64	$5,671
May 2011	2	1,174	98.13	4.40	$5,368
Apr 2011	183	1,247	105.96	4.33	$24,794
Mar 2011	1	951	96.36	4.06	$3,955
Feb 2011	4	706	85.64	4.18	$3,294
Jan 2011	3	1,238	86.50	4.59	$5,940
Dec 2010	2	734	85.73	4.35	$3,363
Nov 2010	7	1,012	80.84	3.80	$4,407
Oct 2010	199	1,042	78.10	3.51	$19,198
Sep 2010	290	1,054	72.63	3.98	$25,257
Aug 2010	4	996	73.68	4.42	$4,696
Jul 2010	0	1,283	72.55	4.74	$6,077
Jun 2010	0	835	70.36	4.91	$4,100
May 2010	178	1,306	71.12	4.24	$18,191
Apr 2010	0	932	81.69	4.12	$3,842
Mar 2010	0	1,379	78.39	4.39	$6,052
Feb 2010	0	904	73.58	5.44	$4,920
Jan 2010	10	1,103	74.36	5.96	$7,322
Dec 2009	19	1,199	71.44	5.48	$7,932
Nov 2009	0	1,330	74.59	3.75	$4,990
Oct 2009	182	1,057	72.54	4.11	$17,547
Sep 2009	6	1,169	65.54	3.06	$3,976
Aug 2009	0	1,424	67.42	3.22	$4,583
Jul 2009	214	1,517	61.13	3.46	$18,337
Jun 2009	7	80	66.16	3.90	$775
May 2009	7	1,410	54.74	3.93	$5,918
Apr 2009	2	1,423	46.77	3.59	$5,199
Mar 2009	191	1,029	42.14	4.06	$12,225
Feb 2009	2	1,428	32.81	4.63	$6,682
Jan 2009	22	1,349	35.86	5.37	$8,034
Dec 2008	3	1,417	37.10	5.98	$8,581
Nov 2008	11	2,128	55.49	6.86	$15,209
Oct 2008	184	1,016	75.24	6.92	$20,877
Sep 2008	1	2,159	101.76	7.88	$17,108
Aug 2008	4	2,187	114.22	8.48	$19,009
Jul 2008	7	659	131.08	11.39	$8,423
Jun 2008	4	1,239	131.33	13.03	$16,673
May 2008	2	926	123.17	11.57	$10,964
Apr 2008	2	1,877	110.31	10.45	$19,844
Mar 2008	175	4,174	101.90	9.66	$58,170
Feb 2008	0	1,430	92.53	8.77	$12,542
Jan 2008	183	1,087	90.38	8.21	$25,459
Dec 2007	0	1,369	88.33	7.30	$9,996
Nov 2007	12	1,161	91.67	7.29	$9,566
Oct 2007	7	1,398	82.85	6.92	$10,257
Sep 2007	13	1,217	75.84	6.24	$8,585
Aug 2007	193	1,097	69.06	6.39	$20,336
Jul 2007	182	3,068	70.90	6.39	$32,502
Jun 2007	11	5,799	62.00	7.55	$44,455
May 2007	185	5,732	58.74	7.85	$55,842
Apr 2007	0	3,840	59.61	7.81	$29,972
Mar 2007	192	2,675	56.92	7.30	$30,461
Feb 2007	11	1,706	55.10	8.22	$14,623
Jan 2007	0	2,065	50.30	6.73	$13,891
Dec 2006	0	2,024	56.65	6.92	$14,003
Nov 2006	3	2,185	54.20	7.62	$16,807
Oct 2006	0	2,311	54.90	6.01	$13,898
Sep 2006	3	2,592	60.08	5.04	$13,237
Aug 2006	0	2,107	68.71	7.34	$15,465
Jul 2006	181	3,055	69.37	6.34	$31,933
Jun 2006	0	3,156	66.28	6.38	$20,148
May 2006	177	3,174	66.01	6.42	$32,077
Apr 2006	183	2,760	64.39	7.36	$32,098
Mar 2006	0	2,982	56.70	7.08	$21,121
Feb 2006	180	2,661	57.59	7.75	$30,992
Jan 2006	187	3,615	60.59	8.93	$43,624
Dec 2005	6	3,292	54.94	13.42	$44,493
Nov 2005	0	2,246	54.69	10.59	$23,782
Oct 2005	182	3,372	58.34	13.80	$57,137
Sep 2005	166	4,035	61.45	12.08	$58,939
Aug 2005	9	3,919	61.51	9.80	$38,947
Jul 2005	187	4,217	55.69	7.84	$43,491
Jun 2005	197	4,055	52.33	7.38	$40,239
May 2005	7	5,047	45.22	6.65	$33,885
Apr 2005	364	5,971	49.20	7.36	$61,858
Mar 2005	21	6,404	50.37	7.15	$46,878
Feb 2005	387	7,306	45.22	6.31	$63,615
Jan 2005	372	10,417	43.16	6.32	$81,914
Dec 2004	12	17,706	39.86	6.75	$120,013

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.

Sep 2014 — as filed, then multipliedworked

Condensate           161 bbl  × $ 86.16 =    $13,872
Gas                    8 Mcf  × $  4.05 =        $32

────────────────────────────────────────────────────
Month total                                  $13,904

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. 06/G/209764 is the state's own key, not one this site invented.