GUITAR 8

Operated by MANHATTAN PETROLEUM, INC. (P-5 524391) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38355District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.4 M
May 2007 – Dec 2016
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
116
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition15,638 bbl$1,273,056
Casinghead gasProduction24,367 Mcf$155,258
Total$1,428,314

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 32.2581, -101.5887. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25808, -101.58872 · 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
9,404 ft
1 wells filed one
Completion to plug
8.9 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 9,404 ft.

Completions filed
Jun 2007
1 of 1 wells
Plug dates filed
May 2016
1 of 1 wells

Last completion to plug: a median of 8.9 years across the 1 well that filed both dates, with the middle half between 8.9 years and 8.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273605319,404 ftJun 2007May 2016Yes

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 (116)

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

116 months

Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016101042.521.99$4,295
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015160043.552.43$6,968
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015156055.212.96$8,613
Apr 20150049.822.71$0
Mar 2015172042.892.93$7,377
Feb 20150244.662.98$6
Jan 20150043.433.10$0
Dec 20142254.693.59$117
Nov 20140170.464.25$4
Oct 2014151178.303.90$11,827
Sep 20140186.164.05$4
Aug 20140489.394.04$16
Jul 20141582296.564.18$15,348
Jun 201402698.164.74$123
May 2014156194.734.73$14,783
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014158097.406.19$15,389
Jan 2014164090.404.86$14,826
Dec 2013096591.824.35$4,202
Nov 2013010388.853.74$385
Oct 2013045597.423.78$1,720
Sep 2013163198104.113.72$17,706
Aug 201301104.253.52$4
Jul 20131752102.523.72$17,948
Jun 201301094.403.93$39
May 20130994.834.15$37
Apr 2013180193.964.28$16,917
Mar 201301993.623.91$74
Feb 20131714491.233.42$15,751
Jan 201302291.603.42$75
Dec 20121612286.773.42$14,045
Nov 201204086.953.62$145
Oct 20120089.383.40$0
Sep 2012180094.672.92$17,041
Aug 20120592.662.91$15
Jul 2012161685.133.02$13,724
Jun 201201079.822.52$25
May 20121636091.612.49$15,082
Apr 2012167162101.652.00$17,299
Mar 201219094105.052.22$20,168
Feb 201200101.102.57$0
Jan 201204098.092.73$109
Dec 20111832996.873.24$17,821
Nov 201108295.723.31$272
Oct 20111772284.983.65$15,122
Sep 201117314683.623.99$15,048
Aug 20110083.404.15$0
Jul 2011170094.144.52$16,004
Jun 2011170092.904.64$15,793
May 20110098.134.40$0
Apr 20111450105.964.33$15,364
Mar 20111665496.364.06$16,215
Feb 201117320085.644.18$15,652
Jan 2011027686.504.59$1,267
Dec 201016240585.734.35$15,649
Nov 201016739880.843.80$15,011
Oct 201016043778.103.51$14,029
Sep 201016433872.633.98$13,256
Aug 201017824673.684.42$14,202
Jul 2010173072.554.74$12,551
Jun 2010353070.364.91$24,837
May 20100071.124.24$0
Apr 20101767681.694.12$14,691
Mar 2010011178.394.39$487
Feb 201018512473.585.44$14,287
Jan 20100074.365.96$0
Dec 200903371.445.48$181
Nov 20090174.593.75$4
Oct 2009017172.544.11$703
Sep 200933763365.543.06$24,027
Aug 2009030567.423.22$982
Jul 200916342461.133.46$11,433
Jun 200916741366.163.90$12,657
May 200917622654.743.93$10,521
Apr 2009037546.773.59$1,345
Mar 200933154842.144.06$16,173
Feb 2009046532.814.63$2,154
Jan 200933847235.865.37$14,656
Dec 200816449937.105.98$9,067
Nov 200817752955.496.86$13,451
Oct 200833963375.246.92$29,888
Sep 2008160301101.767.88$18,653
Aug 2008162150114.228.48$19,776
Jul 2008487635131.0811.39$71,068
Jun 2008156508131.3313.03$27,108
May 2008157735123.1711.57$27,845
Apr 2008317637110.3110.45$41,628
Mar 2008160798101.909.66$24,016
Feb 200832282092.538.77$36,987
Jan 20084831,11690.388.21$52,811
Dec 20074791,00488.337.30$49,641
Nov 200747561691.677.29$48,035
Oct 200749594782.856.92$47,566
Sep 20079791,96375.846.24$86,505
Aug 20072,1062,68069.066.39$162,560
Jul 200732745870.906.39$26,110
Jun 20070062.007.55$0
May 200717058.747.85$999

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.

May 2016 — as filed, then multipliedworked
Oil                  101 bbl  × $ 42.52 =     $4,295
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $4,295

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/38355 is the state's own key, not one this site invented.