GUITAR "B"

Operated by CROWNQUEST OPERATING, LLC (P-5 191554) in the WOULD HAVE (CLEARFORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 36770District 08Field 98899075OilCasinghead gasSaveExport
Value, all time
$9.9 M
Nov 2001 – May 2004
Value, last 12 filed months
$5.7 M
at the published price for each month
Months reported
31
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 28 leases and 114 wells, and the rule below applies to all of them.

Discovered
2001-03-01
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

The Commission's schedule remark for this field reads: #85280300 EFF 12/01/2019

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
OilDisposition322,434 bbl$9,037,192
Casinghead gasProduction167,271 Mcf$878,058
Total$9,915,250

Wells on this lease (7)

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 32.2849, -101.5786. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.28538, -101.57859 · 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%
7 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
5,770 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
7100.0%
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

Between 5,740 and 5,815 ft, median 5,770 ft, over the 7 wells that filed a depth.

Completions filed
Nov 2001 – Mar 2023
7 of 7 wells

7 wells

42-227357708135,740 ftMar 2023Yes
42-2273579011135,815 ftApr 2015Yes
42-2273581212135,800 ftJan 2014Yes
42-227357627135,750 ftApr 2004Yes
42-2273578610135,785 ftFeb 2003Yes
42-227357699135,770 ftJan 2003Yes
42-227357495135,752 ftNov 2001Yes

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 (31)

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

31 months

May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20048,85213,92232.455.51$363,952
Jan 200411,68515,81832.036.30$473,918
Dec 200316,41216,36530.266.30$599,753
Nov 200319,45215,33228.804.60$630,671
Oct 200321,86711,39928.174.76$670,249
Sep 200326,83013,34326.314.75$769,268
Aug 200325,86214,72929.765.13$845,209
Jul 200321,4087,90929.415.17$670,505
Jun 200320,8169,87828.565.98$653,605
May 200322,8669,05126.595.97$662,066
Apr 200320,6908,36726.675.41$597,045
Mar 200319,8541,44131.146.10$627,038
Feb 200315,2812,97433.487.93$535,179
Jan 20039,5613,35630.315.58$308,527
Dec 20026,4463,30926.914.85$189,523
Nov 20025,0002,01024.664.14$131,615
Oct 20025,1402,60226.464.23$147,009
Sep 20023,5212,47827.443.64$105,624
Aug 20025,4892,28525.963.16$149,725
Jul 20023,7801,91524.583.06$98,776
Jun 20024,5851,59923.733.34$114,140
May 20024,5011,48524.663.58$116,317
Apr 20024,2471,65823.653.51$106,265
Mar 20024,3491,34822.003.10$99,860
Feb 20024,0171,35318.222.38$76,404
Jan 20024,3701,34517.172.38$78,228
Dec 20014,881016.932.36$82,635
Nov 2001672018.072.41$12,143

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.

Feb 2004 — as filed, then multipliedworked
Oil                8,852 bbl  × $ 32.45 =   $287,247
Casinghead gas    13,922 Mcf  × $  5.51 =    $76,705

────────────────────────────────────────────────────
Month total                                 $363,952

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. 08/O/36770 is the state's own key, not one this site invented.