GUITAR 8G

Operated by OVINTIV USA INC. (P-5 628658) 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 48575District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$51.8 M
May 2016 – May 2026
Value, last 12 filed months
$810 k
at the published price for each month
Months reported
121
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
OilDisposition787,912 bbl$44,039,177
Casinghead gasProduction2,397,481 Mcf$7,804,756
Total$51,843,933

Wells on this lease (3)

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 32.2788, -101.5867. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.27881, -101.58684 · 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
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,741 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
3100.0%

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 7,424 and 7,911 ft, median 7,741 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2017
3 of 3 wells

3 wells

42-227387512H7,741 ftJan 2017
42-227387523H7,911 ftJan 2017
42-227387534H7,424 ftJan 2017

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 (121)

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

121 months

May 20262,313899106.413.05$248,865
Apr 20262,3181,37298.932.87$233,257
Mar 20261,53056589.753.15$139,097
Feb 202666010463.503.75$42,300
Jan 20262333159.138.00$14,025
Dec 20253462956.664.41$19,732
Nov 20253361158.593.93$19,729
Oct 20253723359.383.30$22,198
Sep 20253153262.743.08$19,862
Aug 20252432163.933.01$15,598
Jul 20252681366.743.32$17,929
Jun 20252615466.483.13$17,520
May 20255959260.553.23$36,325
Apr 20254607862.363.54$28,962
Mar 202551031367.704.27$35,863
Feb 202555140770.884.34$40,822
Jan 202539837474.324.28$31,180
Dec 20248235,38968.993.12$73,600
Nov 20242,2548,30469.052.20$173,895
Oct 20245277,09771.372.28$53,803
Sep 202496813,65469.612.36$99,665
Aug 20241,69521,67775.632.06$172,926
Jul 20242,18626,72979.932.15$232,103
Jun 20242,03421,99678.082.63$216,752
May 20242,28729,37678.812.20$244,820
Apr 20242,51130,83884.451.66$263,220
Mar 20242,27830,60880.301.55$230,217
Feb 20242,29526,68376.091.78$222,219
Jan 20243,01126,71073.023.30$307,944
Dec 20233,42327,19571.262.61$314,922
Nov 20233,54831,13677.892.81$363,770
Oct 20233,14925,62885.443.09$348,171
Sep 20231,58615,82789.042.74$184,505
Aug 20231,80817,74880.522.67$193,018
Jul 20232,41120,15174.852.64$233,698
Jun 20232,49323,66368.962.26$225,360
May 20231,38918,58870.622.23$139,494
Apr 20232,56124,21378.122.24$254,248
Mar 20233,35430,02972.852.39$316,203
Feb 20233,57726,32275.112.47$333,570
Jan 20233,55329,18976.533.39$370,795
Dec 20223,99629,79176.415.73$476,009
Nov 20223,20423,23985.005.65$403,552
Oct 20222,81919,62687.185.86$360,843
Sep 20223,08421,82884.888.16$439,967
Aug 20223,13425,86694.529.13$532,309
Jul 20223,16824,024101.587.54$502,996
Jun 20223,45622,858115.097.98$580,094
May 20223,25922,877109.378.43$549,359
Apr 20223,75723,454104.226.84$551,924
Mar 20223,64822,214108.885.08$509,961
Feb 20222,88115,96991.054.86$339,906
Jan 20223,26413,86581.844.54$330,041
Dec 20213,98816,28871.323.90$347,933
Nov 20214,62017,56177.435.24$449,691
Oct 20214,93522,28779.795.71$521,109
Sep 20214,23315,35869.865.35$377,897
Aug 20213,33911,21866.024.22$267,787
Jul 20212,89011,98470.783.98$252,275
Jun 20212,86810,41569.493.38$234,506
May 20212,0917,95163.483.02$156,730
Apr 20214,66825,91860.362.76$353,253
Mar 20215,03525,48261.302.72$377,879
Feb 20212,90016,23957.805.55$257,713
Jan 20214,70124,33750.412.81$305,371
Dec 20205,54229,39944.642.68$326,051
Nov 20205,93229,88738.772.71$310,875
Oct 20206,14230,01736.972.48$301,465
Sep 20206,51428,76437.091.99$298,875
Aug 20206,26121,34139.982.39$301,215
Jul 20204,37114,88338.371.83$194,879
Jun 20204,52314,20434.901.69$181,862
May 20204,80314,26816.921.81$107,160
Apr 20205,52123,78614.751.80$124,354
Mar 20206,65134,58430.341.86$265,987
Feb 20207,02435,41449.881.98$420,501
Jan 20207,73938,71757.252.09$524,160
Dec 20197,69836,74959.012.30$538,942
Nov 20197,63632,63755.302.75$512,045
Oct 20199,25244,61053.472.42$602,596
Sep 20199,39644,35455.052.66$635,111
Aug 201910,32844,19253.112.30$650,354
Jul 20199,37629,34556.272.46$599,778
Jun 20198,72426,71252.782.49$526,998
May 20199,96930,18958.482.74$665,715
Apr 201910,06625,35262.632.75$700,169
Mar 20198,90425,77156.803.06$584,661
Feb 20198,07622,42950.852.79$473,291
Jan 201911,54530,99646.033.23$631,477
Dec 201813,94035,72446.594.19$798,985
Nov 201813,79426,87352.934.24$843,984
Oct 20187,92111,86561.443.40$526,984
Sep 20186,34112,78659.543.11$417,282
Aug 20189,47318,02259.403.07$617,962
Jul 20188,17417,02665.142.93$582,373
Jun 20189,00817,90560.183.08$597,194
May 201810,52721,79365.382.90$751,472
Apr 201812,08623,96663.842.90$841,091
Mar 201813,16727,11961.222.79$881,660
Feb 201812,17422,79261.782.77$815,155
Jan 201810,53718,31362.874.01$735,884
Dec 201712,43220,65357.272.92$772,319
Nov 201713,28620,79555.423.12$801,156
Oct 201715,14921,45949.292.98$810,721
Sep 201711,71516,64147.523.09$608,072
Aug 201719,17939,13945.373.00$987,740
Jul 201721,44840,38743.873.09$1,065,610
Jun 201723,52839,37042.493.09$1,121,251
May 201729,84948,00645.373.26$1,510,912
Apr 201737,84353,66747.933.21$1,986,172
Mar 201750,89161,31946.772.98$2,563,128
Feb 201759,20440,84950.452.95$3,107,453
Jan 201730,88518,58549.413.42$1,589,566
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 20160042.521.99$0

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 2026 — as filed, then multipliedworked
Oil                2,313 bbl  × $106.41 =   $246,126
Casinghead gas       899 Mcf  × $  3.05 =     $2,738

────────────────────────────────────────────────────
Month total                                 $248,865

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/48575 is the state's own key, not one this site invented.