GUITAR "30"

Operated by SM ENERGY COMPANY (P-5 788997) 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 40974District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.3 M
Mar 2011 – Feb 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
144
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
OilDisposition23,097 bbl$1,920,590
Casinghead gasProduction117,965 Mcf$381,236
Total$2,301,827

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 32.3280, -101.6323. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32797, -101.63234 · 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
10,329 ft
1 wells filed one
Completion to plug
4.3 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 10,329 ft.

Completions filed
Aug 2018
1 of 1 wells
Plug dates filed
Dec 2022
1 of 1 wells

Last completion to plug: a median of 4.3 years across the 1 well that filed both dates, with the middle half between 4.3 years and 4.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-22736546110,329 ftAug 2018Dec 2022Yes

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 (144)

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

144 months

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 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
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 20200057.252.09$0
Dec 2019141059.012.30$8,320
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018076559.403.07$2,346
Jul 201816876665.142.93$13,189
Jun 2018081760.183.08$2,514
May 201817298565.382.90$14,103
Apr 2018097963.842.90$2,840
Mar 201801,11961.222.79$3,118
Feb 201816381261.782.77$12,316
Jan 2018142662.874.01$1,771
Dec 2017081757.272.92$2,387
Nov 201715761555.423.12$10,619
Oct 201701,05449.292.98$3,145
Sep 20171781,15047.523.09$12,009
Aug 201701,21345.373.00$3,644
Jul 20171651,07943.873.09$10,570
Jun 201701,12542.493.09$3,473
May 20171761,32645.373.26$12,312
Apr 201701,32347.933.21$4,249
Mar 20171551,37246.772.98$11,343
Feb 20171981,09650.452.95$13,225
Jan 201701,23549.413.42$4,222
Dec 201601,10348.763.72$4,106
Nov 20161781,39942.492.64$11,263
Oct 201601,46346.193.09$4,521
Sep 20161741,51441.553.10$11,924
Aug 20161791,56341.442.92$11,989
Jul 20161621,45041.622.92$10,983
Jun 201601,54845.352.69$4,158
May 20161611,67042.521.99$10,171
Apr 201601,43236.561.99$2,851
Mar 20161691,49633.011.79$8,263
Feb 20161661,32326.472.06$7,124
Jan 20161681,70527.352.36$8,626
Dec 201501,55132.362.00$3,104
Nov 20151781,59838.792.17$10,368
Oct 20151791,57243.552.43$11,610
Sep 201501,79742.992.76$4,957
Aug 20151582,27340.162.87$12,874
Jul 20153241,44548.152.95$19,856
Jun 2015090856.152.88$2,618
May 20151741,10755.212.96$12,878
Apr 201518198649.822.71$11,686
Mar 201516493742.892.93$9,784
Feb 201517777144.662.98$10,199
Jan 20151751,08343.433.10$10,958
Dec 20143371,00854.693.59$22,051
Nov 2014096270.464.25$4,090
Oct 201436881078.303.90$31,974
Sep 201417195786.164.05$18,605
Aug 201401,01989.394.04$4,112
Jul 201417694596.564.18$20,944
Jun 201417495598.164.74$21,604
May 20141771,02094.734.73$21,588
Apr 201434996495.944.81$38,119
Mar 2014092395.895.06$4,667
Feb 201417389697.406.19$22,398
Jan 20141761,00090.404.86$20,771
Dec 20131911,11291.824.35$22,380
Nov 201336299988.853.74$35,898
Oct 201301,08597.423.78$4,101
Sep 20135341,161104.113.72$59,911
Aug 20130875104.253.52$3,082
Jul 20133721,165102.523.72$42,469
Jun 2013060794.403.93$2,388
May 201348317994.834.15$46,546
Apr 2013128493.964.28$1,310
Mar 201318579693.623.91$20,434
Feb 20131901,58191.233.42$22,741
Jan 20135481,59191.603.42$55,638
Dec 201201,34586.773.42$4,600
Nov 201237780486.953.62$35,695
Oct 201256938889.383.40$52,176
Sep 20121953094.672.92$18,548
Aug 201238094392.662.91$37,953
Jul 20123821,87685.133.02$38,187
Jun 20123741,87979.822.52$34,586
May 20122882,50891.612.49$32,624
Apr 20126812,593101.652.00$74,401
Mar 20127052,907105.052.22$80,520
Feb 201202,735101.102.57$7,030
Jan 20126803,17298.092.73$75,374
Dec 20116793,40196.873.24$76,793
Nov 20119773,50795.723.31$105,131
Oct 201168174384.983.65$60,582
Sep 201184931683.623.99$72,253
Aug 20119691,57683.404.15$87,354
Jul 20111,3464,72794.144.52$148,065
Jun 20111,5083,04592.904.64$154,222
May 20111,0532,00998.134.40$112,180
Apr 2011696563105.964.33$76,188
Mar 2011023696.364.06$958

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.

Dec 2019 — as filed, then multipliedworked
Oil                  141 bbl  × $ 59.01 =     $8,320
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $8,320

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/40974 is the state's own key, not one this site invented.