GUITAR 8X

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 48667District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$45.5 M
Jan 2017 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
113
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
OilDisposition675,697 bbl$39,654,203
Casinghead gasProduction1,680,180 Mcf$5,847,818
Total$45,502,021

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 32.2794, -101.5848. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.27934, -101.58494 · 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
7,750 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 7,392 and 7,950 ft, median 7,750 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2017
3 of 3 wells

3 wells

42-227387545H7,750 ftJan 2017
42-227387557H7,950 ftJan 2017
42-227387606H7,392 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 (113)

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

113 months

May 20262,45510,569106.413.05$293,428
Apr 20262,19510,70698.932.87$247,875
Mar 20262,1195,15089.753.15$206,400
Feb 20261,51080463.503.75$98,900
Jan 20261,37789359.138.00$88,564
Dec 202590160856.664.41$53,734
Nov 20251,0001,00758.593.93$62,544
Oct 20251,6092,25659.383.30$102,998
Sep 20251,7225,49062.743.08$124,931
Aug 20251,7735,67463.933.01$130,454
Jul 20252,0736,83266.743.32$161,001
Jun 20251,8146,72766.483.13$141,642
May 20251,8787,33160.553.23$137,409
Apr 20251,5946,30362.363.54$121,734
Mar 20252,1688,00467.704.27$180,937
Feb 20251,1716,96570.884.34$113,234
Jan 20251,1486,61674.324.28$113,627
Dec 20243502,10468.993.12$30,714
Nov 20246131,12269.052.20$44,794
Oct 20241,46312,93071.372.28$133,913
Sep 20242,51016,32269.612.36$213,312
Aug 20243,43419,68575.632.06$300,336
Jul 20243,07717,58479.932.15$283,690
Jun 20243,39523,03978.082.63$325,766
May 20243,24516,32378.812.20$291,624
Apr 20242,95313,00884.451.66$270,964
Mar 20249914,53980.301.55$86,591
Feb 20241,2829,00376.091.78$113,605
Jan 20243,04621,55873.023.30$293,510
Dec 20233,70523,08671.262.61$324,289
Nov 20232,81817,04677.892.81$267,352
Oct 20233,48519,65285.443.09$358,430
Sep 20232,56015,11289.042.74$269,274
Aug 20232,36614,04080.522.67$228,038
Jul 20233,37219,39974.852.64$303,642
Jun 20234,00519,16068.962.26$319,457
May 20233,60816,11970.622.23$290,700
Apr 20233,16318,28478.122.24$288,009
Mar 20235,44126,84872.852.39$460,628
Feb 20235,07321,67675.112.47$434,479
Jan 20233,82918,37276.533.39$355,273
Dec 20224,06119,30476.415.73$420,895
Nov 20222,1028,62685.005.65$227,374
Oct 20222,34211,69287.185.86$272,735
Sep 20225,10526,58784.888.16$650,360
Aug 20225,25619,19294.529.13$671,966
Jul 20226,31124,147101.587.54$823,190
Jun 20225,01719,482115.097.98$732,818
May 20223,83616,131109.378.43$555,577
Apr 20224,60122,503104.226.84$633,383
Mar 20226,16328,651108.885.08$816,471
Feb 20226,19327,13791.054.86$695,727
Jan 20226,36929,36581.844.54$654,488
Dec 20216,86931,16571.323.90$611,413
Nov 20218,10231,78477.435.24$793,786
Oct 202110,34627,35979.795.71$981,833
Sep 20214,9909,44069.865.35$399,114
Aug 20212,84110,17166.024.22$230,490
Jul 20212,9579,33770.783.98$246,477
Jun 20212,1063,95469.493.38$159,713
May 202124670363.483.02$17,738
Apr 20213,48013,44260.362.76$247,131
Mar 20214,18415,70261.302.72$299,141
Feb 20212,5039,27157.805.55$196,108
Jan 20213,96516,70850.412.81$246,830
Dec 20204,03515,44944.642.68$221,456
Nov 20204,03415,02538.772.71$197,064
Oct 20204,32416,22336.972.48$200,066
Sep 20204,56116,60537.091.99$202,229
Aug 20204,97618,20639.982.39$242,364
Jul 20204,45616,70338.371.83$201,462
Jun 20204,19816,09734.901.69$173,719
May 20204,65019,78316.921.81$114,579
Apr 20204,66717,28514.751.80$100,027
Mar 20204,67116,07130.341.86$171,550
Feb 20204,62116,03549.881.98$262,256
Jan 20204,91617,22257.252.09$317,517
Dec 20194,26613,83059.012.30$283,606
Nov 20196,14620,46155.302.75$396,156
Oct 20196,76519,67053.472.42$409,297
Sep 20196,83617,44455.052.66$422,675
Aug 20195,89310,77453.112.30$337,804
Jul 20194,7989,27856.272.46$292,808
Jun 20195,74313,13252.782.49$335,830
May 20195,26611,22558.482.74$338,716
Apr 20193,5934,44262.632.75$237,248
Mar 20195,4808,92756.803.06$338,599
Feb 20196,29210,13250.852.79$348,239
Jan 20197,40111,00146.033.23$376,181
Dec 20187,2338,28346.594.19$371,653
Nov 20189,1368,66952.934.24$520,301
Oct 20183,7562,39061.443.40$238,890
Sep 20182,3523,35259.543.11$150,456
Aug 20186,73211,74359.403.07$435,891
Jul 20186,31710,75965.142.93$443,033
Jun 20185,8719,32060.183.08$381,994
May 20186,54710,34465.382.90$458,049
Apr 20186,74210,00763.842.90$459,438
Mar 20187,65113,31361.222.79$505,495
Feb 20187,63613,09361.782.77$507,969
Jan 20188,71414,55462.874.01$606,201
Dec 20179,80016,28557.272.92$608,823
Nov 201710,40116,53055.423.12$627,970
Oct 201710,48717,45749.292.98$568,990
Sep 201710,44915,67147.523.09$544,917
Aug 201713,20820,76945.373.00$661,645
Jul 201719,62731,26043.873.09$957,545
Jun 201721,90831,58542.493.09$1,028,383
May 201725,40035,20345.373.26$1,267,279
Apr 201736,64142,20247.933.21$1,891,739
Mar 201749,22639,83146.772.98$2,421,143
Feb 201736,78423,11250.452.95$1,923,993
Jan 201722,25513,62949.413.42$1,146,214

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                2,455 bbl  × $106.41 =   $261,237
Casinghead gas    10,569 Mcf  × $  3.05 =    $32,191

────────────────────────────────────────────────────
Month total                                 $293,428

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/48667 is the state's own key, not one this site invented.