GUITAR CONSOLIDATED

Name: GUITAR CONSOLIDATED lease production and value, May 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FOUNDATION ENERGY MANAGEMENT LLC (P-5 280875) 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 37089District 08Field 98899075OilCasinghead gasSave Export

Value, all time

$68.8 M

May 2003 – Jul 2020

Value, last 12 filed months

$117 k

at the published price for each month

Months reported

207

no gaps in the span

Streams

oil, casinghead gas

The WOULD HAVE (CLEARFORK) 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 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.

Stream	Basis	Volume	Value
Oil	Disposition	1,165,573 bbl	$66,054,611
Casinghead gas	Production	390,038 Mcf	$2,696,536
Total			$68,751,148

Wells on this lease (37)

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 32.2848, -101.5838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.2 miles.

32.28236, -101.58741 · 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%

37 of 37 wells

With a plug date

10.8%

4 of 37 wells

Median depth

5,820 ft

37 wells filed one

Completion to plug

14.4 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

37100.0%

A plug date is filed

410.8%

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

410.8%

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

Total depth in feet, 37 of 37 wells. Median 5,820 ft, with the middle half between 5,760 and 5,835 ft; the shallowest is 950 ft and the deepest 6,040 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 37 of 37 wells, Sep 2001 – Mar 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Sep 2001 – Mar 2023

37 of 37 wells

Plug dates filed

Nov 2017 – Dec 2023

4 of 37 wells; 33 filed none

Last completion to plug: a median of 14.4 years across the 4 wells that filed both dates, with the middle half between 11.7 years and 17.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

37 wells


42-22735770	1308	5,740 ft	Mar 2023	—	Yes
42-22735790	1311	5,815 ft	Apr 2015	—	Yes
42-22735819	1313	5,810 ft	Sep 2014	—	Yes
42-22735812	1312	5,800 ft	Jan 2014	—	Yes
42-22735827	1314	5,835 ft	Jun 2013	—	Yes
42-22735837	1315	5,830 ft	Nov 2012	—	Yes
42-22735840	1316	5,800 ft	Nov 2012	—	Yes
42-22735889	1410	5,830 ft	Oct 2012	—	Yes
42-22735048	1301	5,820 ft	Jul 2008	Jan 2019	Yes
42-22735848	1402	5,800 ft	Jul 2008	—	Yes
42-22735937	1412	5,840 ft	Jul 2008	—	Yes
42-22735794	1403	5,830 ft	May 2008	—	Yes
42-22735745	1304	5,724 ft	Apr 2008	—	Yes
42-22735846	1408	5,850 ft	Sep 2007	—	Yes
42-22735941	1414	5,866 ft	Mar 2007	Dec 2023	Yes
42-22735940	1413	5,900 ft	Nov 2006	—	Yes
42-22735809	1102	5,825 ft	Oct 2006	—	Yes
42-22735969	2101	5,824 ft	May 2006	—	Yes
42-22735975	1103	5,850 ft	Jan 2006	—	Yes
42-22703795	901	5,900 ft	Nov 2005	Nov 2017	Yes
42-22735861	1409	5,830 ft	Aug 2004	—	Yes
42-22735808	1405	5,835 ft	Apr 2004	—	Yes
42-22735762	1307	5,750 ft	Apr 2004	—	Yes
42-22735847	1101WS	5,710 ft	Apr 2004	—	Yes
42-22735857	1WS	950 ft	Mar 2004	—	Yes
42-22735830	1002	5,760 ft	Mar 2004	—	Yes
42-22735748	1306	5,649 ft	Feb 2004	Aug 2023	Yes
42-22735831	1406	5,900 ft	Jan 2004	—	Yes
42-22735829	1407	5,888 ft	Dec 2003	—	Yes
42-22735795	1404	5,835 ft	Sep 2003	—	Yes
42-22735807	1001	6,040 ft	Jul 2003	—	Yes
42-22735792	1	5,820 ft	May 2003	—	Yes
42-22735786	1310	5,785 ft	Feb 2003	—	Yes
42-22735769	1309	5,770 ft	Jan 2003	—	Yes
42-22735749	1305	5,752 ft	Nov 2001	—	Yes
42-22735742	1303	5,710 ft	Sep 2001	—	Yes
42-22735722	1302	5,725 ft	Sep 2001	—	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 (207)

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

207 months


Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	1,088	0	55.30	2.75	$60,166
Oct 2019	531	0	53.47	2.42	$28,393
Sep 2019	187	0	55.05	2.66	$10,294
Aug 2019	335	0	53.11	2.30	$17,792
Jul 2019	536	0	56.27	2.46	$30,161
Jun 2019	530	0	52.78	2.49	$27,973
May 2019	366	0	58.48	2.74	$21,404
Apr 2019	517	0	62.63	2.75	$32,380
Mar 2019	522	0	56.80	3.06	$29,650
Feb 2019	515	0	50.85	2.79	$26,188
Jan 2019	357	0	46.03	3.23	$16,433
Dec 2018	505	0	46.59	4.19	$23,528
Nov 2018	546	0	52.93	4.24	$28,900
Oct 2018	722	0	61.44	3.40	$44,360
Sep 2018	728	0	59.54	3.11	$43,345
Aug 2018	1,076	0	59.40	3.07	$63,914
Jul 2018	721	0	65.14	2.93	$46,966
Jun 2018	540	0	60.18	3.08	$32,497
May 2018	352	0	65.38	2.90	$23,014
Apr 2018	1,077	0	63.84	2.90	$68,756
Mar 2018	917	0	61.22	2.79	$56,139
Feb 2018	1,084	0	61.78	2.77	$66,970
Jan 2018	513	0	62.87	4.01	$32,252
Dec 2017	708	0	57.27	2.92	$40,547
Nov 2017	732	0	55.42	3.12	$40,567
Oct 2017	738	0	49.29	2.98	$36,376
Sep 2017	1,088	0	47.52	3.09	$51,702
Aug 2017	692	0	45.37	3.00	$31,396
Jul 2017	727	0	43.87	3.09	$31,893
Jun 2017	660	0	42.49	3.09	$28,043
May 2017	924	0	45.37	3.26	$41,922
Apr 2017	711	0	47.93	3.21	$34,078
Mar 2017	722	0	46.77	2.98	$33,768
Feb 2017	698	0	50.45	2.95	$35,214
Jan 2017	1,054	60	49.41	3.42	$52,283
Dec 2016	1,037	60	48.76	3.72	$50,787
Nov 2016	1,086	30	42.49	2.64	$46,223
Oct 2016	711	30	46.19	3.09	$32,934
Sep 2016	532	30	41.55	3.10	$22,198
Aug 2016	1,218	31	41.44	2.92	$50,565
Jul 2016	707	31	41.62	2.92	$29,516
Jun 2016	683	31	45.35	2.69	$31,057
May 2016	1,190	30	42.52	1.99	$50,659
Apr 2016	1,004	90	36.56	1.99	$36,885
Mar 2016	1,153	90	33.01	1.79	$38,222
Feb 2016	602	90	26.47	2.06	$16,121
Jan 2016	1,491	0	27.35	2.36	$40,779
Dec 2015	843	251	32.36	2.00	$27,782
Nov 2015	1,205	245	38.79	2.17	$47,273
Oct 2015	1,196	245	43.55	2.43	$52,680
Sep 2015	902	239	42.99	2.76	$39,436
Aug 2015	1,348	248	40.16	2.87	$54,848
Jul 2015	1,000	256	48.15	2.95	$48,904
Jun 2015	1,033	246	56.15	2.88	$58,712
May 2015	1,201	251	55.21	2.96	$67,049
Apr 2015	1,178	245	49.82	2.71	$59,351
Mar 2015	1,375	254	42.89	2.93	$59,719
Feb 2015	1,198	229	44.66	2.98	$54,184
Jan 2015	1,026	255	43.43	3.10	$45,350
Dec 2014	1,524	251	54.69	3.59	$84,249
Nov 2014	1,188	248	70.46	4.25	$84,761
Oct 2014	1,189	151	78.30	3.90	$93,688
Sep 2014	1,248	253	86.16	4.05	$108,551
Aug 2014	1,346	254	89.39	4.04	$121,344
Jul 2014	1,169	246	96.56	4.18	$113,907
Jun 2014	1,505	255	98.16	4.74	$148,939
May 2014	1,167	260	94.73	4.73	$111,779
Apr 2014	1,033	268	95.94	4.81	$100,395
Mar 2014	1,570	258	95.89	5.06	$151,852
Feb 2014	1,018	230	97.40	6.19	$100,577
Jan 2014	1,366	249	90.40	4.86	$124,697
Dec 2013	1,368	254	91.82	4.35	$126,716
Nov 2013	1,324	251	88.85	3.74	$118,576
Oct 2013	1,712	260	97.42	3.78	$167,766
Sep 2013	1,354	252	104.11	3.72	$141,902
Aug 2013	1,477	257	104.25	3.52	$154,883
Jul 2013	1,868	168	102.52	3.72	$192,132
Jun 2013	1,362	166	94.40	3.93	$129,226
May 2013	2,017	173	94.83	4.15	$191,990
Apr 2013	1,536	164	93.96	4.28	$145,025
Mar 2013	1,861	268	93.62	3.91	$175,275
Feb 2013	1,819	241	91.23	3.42	$166,772
Jan 2013	2,034	167	91.60	3.42	$186,886
Dec 2012	2,027	170	86.77	3.42	$176,464
Nov 2012	2,040	169	86.95	3.62	$177,991
Oct 2012	2,028	266	89.38	3.40	$182,167
Sep 2012	2,347	264	94.67	2.92	$222,961
Aug 2012	2,522	203	92.66	2.91	$234,279
Jul 2012	2,157	177	85.13	3.02	$184,160
Jun 2012	2,683	171	79.82	2.52	$214,588
May 2012	2,697	174	91.61	2.49	$247,505
Apr 2012	2,838	166	101.65	2.00	$288,814
Mar 2012	2,654	177	105.05	2.22	$279,196
Feb 2012	3,241	169	101.10	2.57	$328,099
Jan 2012	3,074	174	98.09	2.73	$302,004
Dec 2011	3,171	174	96.87	3.24	$307,738
Nov 2011	3,426	171	95.72	3.31	$328,503
Oct 2011	3,576	175	84.98	3.65	$304,527
Sep 2011	2,953	164	83.62	3.99	$247,584
Aug 2011	2,900	175	83.40	4.15	$242,586
Jul 2011	3,365	176	94.14	4.52	$317,576
Jun 2011	2,854	166	92.90	4.64	$265,907
May 2011	2,826	174	98.13	4.40	$278,082
Apr 2011	2,786	173	105.96	4.33	$295,954
Mar 2011	2,996	174	96.36	4.06	$289,401
Feb 2011	2,213	147	85.64	4.18	$190,136
Jan 2011	2,873	173	86.50	4.59	$249,308
Dec 2010	2,556	173	85.73	4.35	$219,878
Nov 2010	2,564	171	80.84	3.80	$207,923
Oct 2010	2,863	174	78.10	3.51	$224,211
Sep 2010	2,868	172	72.63	3.98	$208,987
Aug 2010	2,872	176	73.68	4.42	$212,387
Jul 2010	3,039	177	72.55	4.74	$221,318
Jun 2010	2,696	168	70.36	4.91	$190,516
May 2010	2,877	175	71.12	4.24	$205,353
Apr 2010	3,042	168	81.69	4.12	$249,194
Mar 2010	3,720	138	78.39	4.39	$292,216
Feb 2010	2,960	0	73.58	5.44	$217,797
Jan 2010	3,393	0	74.36	5.96	$252,303
Dec 2009	3,732	0	71.44	5.48	$266,614
Nov 2009	2,871	0	74.59	3.75	$214,148
Oct 2009	3,350	0	72.54	4.11	$243,009
Sep 2009	3,196	0	65.54	3.06	$209,466
Aug 2009	3,091	0	67.42	3.22	$208,395
Jul 2009	3,807	0	61.13	3.46	$232,722
Jun 2009	3,848	0	66.16	3.90	$254,584
May 2009	4,350	0	54.74	3.93	$238,119
Apr 2009	3,541	85	46.77	3.59	$165,918
Mar 2009	4,572	111	42.14	4.06	$193,115
Feb 2009	3,985	123	32.81	4.63	$131,318
Jan 2009	4,693	138	35.86	5.37	$169,032
Dec 2008	4,980	0	37.10	5.98	$184,758
Nov 2008	6,217	0	55.49	6.86	$344,981
Oct 2008	6,159	0	75.24	6.92	$463,403
Sep 2008	4,459	95	101.76	7.88	$454,496
Aug 2008	5,190	1,304	114.22	8.48	$603,864
Jul 2008	4,143	1,631	131.08	11.39	$561,641
Jun 2008	5,475	1,278	131.33	13.03	$735,687
May 2008	4,574	1,777	123.17	11.57	$583,947
Apr 2008	5,097	2,209	110.31	10.45	$585,345
Mar 2008	5,470	2,266	101.90	9.66	$579,292
Feb 2008	5,447	2,043	92.53	8.77	$521,929
Jan 2008	6,107	2,028	90.38	8.21	$568,592
Dec 2007	6,071	1,876	88.33	7.30	$549,950
Nov 2007	5,485	1,557	91.67	7.29	$514,163
Oct 2007	5,928	1,875	82.85	6.92	$504,114
Sep 2007	5,618	1,714	75.84	6.24	$436,772
Aug 2007	5,942	1,597	69.06	6.39	$420,556
Jul 2007	5,984	1,514	70.90	6.39	$433,937
Jun 2007	6,693	1,254	62.00	7.55	$424,432
May 2007	7,268	1,578	58.74	7.85	$439,304
Apr 2007	7,315	1,195	59.61	7.81	$445,374
Mar 2007	5,686	1,351	56.92	7.30	$333,512
Feb 2007	6,863	1,958	55.10	8.22	$394,238
Jan 2007	8,243	2,392	50.30	6.73	$430,714
Dec 2006	8,008	1,942	56.65	6.92	$467,089
Nov 2006	8,336	2,364	54.20	7.62	$469,819
Oct 2006	9,581	3,020	54.90	6.01	$544,159
Sep 2006	9,085	2,779	60.08	5.04	$559,825
Aug 2006	10,864	3,513	68.71	7.34	$772,251
Jul 2006	10,394	3,373	69.37	6.34	$742,426
Jun 2006	11,021	3,644	66.28	6.38	$753,735
May 2006	13,233	3,680	66.01	6.42	$897,154
Apr 2006	13,567	3,297	64.39	7.36	$897,847
Mar 2006	15,250	4,616	56.70	7.08	$897,370
Feb 2006	16,612	4,593	57.59	7.75	$992,286
Jan 2006	19,156	5,761	60.59	8.93	$1,212,127
Dec 2005	20,851	6,021	54.94	13.42	$1,226,328
Nov 2005	21,838	7,119	54.69	10.59	$1,269,699
Oct 2005	24,020	7,315	58.34	13.80	$1,502,243
Sep 2005	22,537	7,977	61.45	12.08	$1,481,253
Aug 2005	24,593	9,162	61.51	9.80	$1,602,474
Jul 2005	27,744	9,495	55.69	7.84	$1,619,539
Jun 2005	26,240	10,324	52.33	7.38	$1,449,341
May 2005	25,622	10,251	45.22	6.65	$1,226,808
Apr 2005	26,777	10,293	49.20	7.36	$1,393,190
Mar 2005	29,531	11,057	50.37	7.15	$1,566,588
Feb 2005	27,812	10,707	45.22	6.31	$1,325,240
Jan 2005	30,460	11,128	43.16	6.32	$1,385,007
Dec 2004	27,130	8,949	39.86	6.75	$1,141,817
Nov 2004	27,330	9,084	45.28	6.33	$1,295,008
Oct 2004	26,856	10,260	49.70	6.52	$1,401,588
Sep 2004	26,613	9,816	43.24	5.28	$1,202,613
Aug 2004	28,126	11,930	42.37	5.55	$1,257,918
Jul 2004	22,467	11,632	38.28	6.08	$930,808
Jun 2004	21,965	11,968	36.10	6.43	$869,927
May 2004	22,848	18,199	37.48	6.49	$974,538
Apr 2004	32,758	27,405	34.47	5.86	$1,289,719
Mar 2004	34,568	27,232	34.36	5.53	$1,338,353
Feb 2004	7,327	3,077	32.45	5.51	$254,714
Jan 2004	6,847	3,100	32.03	6.30	$238,838
Dec 2003	6,913	3,347	30.26	6.30	$230,279
Nov 2003	7,259	3,034	28.80	4.60	$223,001
Oct 2003	8,479	3,799	28.17	4.76	$256,935
Sep 2003	5,918	4,448	26.31	4.75	$176,828
Aug 2003	8,753	4,910	29.76	5.13	$285,676
Jul 2003	9,175	9,481	29.41	5.17	$318,861
Jun 2003	8,301	4,862	28.56	5.98	$266,166
May 2003	1,968	0	26.59	5.97	$52,329

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.

Nov 2019 — as filed, then multipliedworked

Oil                1,088 bbl  × $ 55.30 =    $60,166
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                  $60,166

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/37089 is the state's own key, not one this site invented.