GUITAR NORTH

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 48742District 08Field 85280300OilCasinghead gasSave
Value, all time
$707.8 M
Mar 2017 – May 2026
Value, last 12 filed months
$90.2 M
at the published price for each month
Months reported
111
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition9,373,919 bbl$567,077,642
Casinghead gasProduction39,792,892 Mcf$140,696,773
Total$707,774,415

Wells on this lease (35)

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 32.3211, -101.6673. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.9 miles.

32.32116, -101.66728 · 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
2.9%
1 of 35 wells
With a plug date
0.0%
0 of 35 wells
Median depth
8,047 ft
35 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
12.9%
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.
3497.1%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 35 of 35 wells. Median 8,047 ft, with the middle half between 7,622 and 8,178 ft; the shallowest is 6,922 ft and the deepest 8,434 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

10s
20s

Last completion by decade, 35 of 35 wells, Mar 2017 – Dec 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 2017 – Dec 2024
35 of 35 wells

35 wells

42-227423312801MS6,948 ftDec 2024
42-227423422803MS6,922 ftDec 2024
42-227423452812JM7,445 ftNov 2024
42-227423362821LS7,566 ftNov 2024
42-227423412881DN7,950 ftNov 2024
42-227423432842WA8,133 ftNov 2024
42-227424802806MS6,937 ftNov 2024
42-227423482814JM7,413 ftNov 2024
42-227423492885DN7,929 ftNov 2024
42-227423472844WA8,107 ftNov 2024
42-227423502823LS7,574 ftNov 2024
42-227423512883DN8,057 ftNov 2024
42-227388352742WA8,214 ftApr 2021
42-227402342826LS7,587 ftJun 2020
42-227397122726LS7,762 ftJan 2020
42-227397112735LS7,579 ftSep 2019
42-227397092747WA8,076 ftSep 2019
42-227397022746WA8,203 ftAug 2019
42-227396982745WA8,132 ftJun 2019
42-227397002725LS7,708 ftMay 2019
42-227393002723LS7,667 ftJul 2018
42-227393012724LS7,733 ftJul 2018
42-227393032744WA8,237 ftJul 2018
42-227393022743WA8,152 ftJul 2018Yes
42-227393042763WB8,434 ftJul 2018
42-227392452721LS7,656 ftJun 2018
42-227392472741WA8,111 ftJun 2018
42-227392482761WB8,426 ftJun 2018
42-227390572867WB8,373 ftJan 2018
42-227390592868WB8,369 ftJan 2018
42-227390562851WA8,389 ftJan 2018
42-227390582852WA8,047 ftJan 2018
42-227390552850WA8,087 ftJan 2018
42-227388442762WB8,419 ftMar 2017
42-227388492722LS7,769 ftMar 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 (111)

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

111 months

May 202664,939480,319106.413.05$8,373,134
Apr 202657,103399,82098.932.87$6,796,571
Mar 202660,169426,83889.753.15$6,744,468
Feb 202671,318459,39663.503.75$6,251,575
Jan 202675,470484,65859.138.00$8,338,797
Dec 202574,132453,46356.664.41$6,201,615
Nov 202575,963459,88158.593.93$6,256,367
Oct 202586,408510,17159.383.30$6,816,941
Sep 202587,988441,62062.743.08$6,879,197
Aug 202598,998526,70563.933.01$7,916,831
Jul 2025113,488591,49566.743.32$9,535,113
Jun 2025123,708590,74466.483.13$10,072,380
May 2025139,346575,28560.553.23$10,296,906
Apr 2025159,030572,94262.363.54$11,947,113
Mar 2025196,608644,58767.704.27$16,061,665
Feb 2025233,641611,99970.884.34$19,217,064
Jan 2025342,505628,33274.324.28$28,143,403
Dec 2024388,223472,09768.993.12$28,257,094
Nov 202494,753231,61969.052.20$7,051,895
Oct 20244,512215,48471.372.28$813,627
Sep 20247,662198,63969.612.36$1,003,006
Aug 202410,776244,88975.632.06$1,320,349
Jul 202415,168280,65579.932.15$1,814,829
Jun 202415,726267,79078.082.63$1,933,240
May 202413,752288,57178.812.20$1,718,201
Apr 202415,120302,32784.451.66$1,778,505
Mar 202416,427359,49680.301.55$1,874,556
Feb 202412,895266,66876.091.78$1,456,820
Jan 202416,688368,57773.023.30$2,433,999
Dec 202318,802403,33371.262.61$2,392,820
Nov 202317,441367,54477.892.81$2,390,381
Oct 202319,641390,48985.443.09$2,883,676
Sep 202319,425359,52689.042.74$2,712,920
Aug 202319,098362,71080.522.67$2,507,251
Jul 202318,662362,87774.852.64$2,355,499
Jun 202320,680354,19068.962.26$2,226,024
May 202323,292366,35670.622.23$2,460,902
Apr 202321,180347,74478.122.24$2,432,749
Mar 202321,886361,89572.852.39$2,460,468
Feb 202319,775304,93975.112.47$2,237,182
Jan 202322,052353,38976.533.39$2,884,823
Dec 202225,864390,37976.415.73$4,212,781
Nov 202228,849401,89485.005.65$4,721,339
Oct 202226,479398,55687.185.86$4,645,476
Sep 202221,028382,41284.888.16$4,906,746
Aug 202230,011443,89994.529.13$6,888,177
Jul 202231,835449,582101.587.54$6,624,583
Jun 202232,486443,115115.097.98$7,273,631
May 202234,678452,574109.378.43$7,609,308
Apr 202235,185429,427104.226.84$6,603,231
Mar 202238,642441,042108.885.08$6,446,247
Feb 202236,692379,74291.054.86$5,185,912
Jan 202237,348417,39381.844.54$4,950,556
Dec 202143,093432,34071.323.90$4,759,138
Nov 202146,571418,69177.435.24$5,798,614
Oct 202147,127413,59479.795.71$6,123,486
Sep 202149,718398,35269.865.35$5,604,849
Aug 202147,436365,71666.024.22$4,675,262
Jul 202147,862373,93970.783.98$4,876,727
Jun 202153,301379,11669.493.38$4,985,534
May 202154,941351,99563.483.02$4,549,859
Apr 202157,176323,64660.362.76$4,343,895
Mar 202157,631276,07861.302.72$4,282,868
Feb 202143,602219,05557.805.55$3,735,502
Jan 202162,033304,63150.412.81$3,983,179
Dec 202045,911282,89744.642.68$2,806,347
Nov 202060,287463,19938.772.71$3,591,008
Oct 202068,834563,88136.972.48$3,942,333
Sep 202053,665479,88837.091.99$2,945,911
Aug 202094,184570,35639.982.39$5,125,832
Jul 2020108,340560,79238.371.83$5,180,519
Jun 2020100,496538,53134.901.69$4,417,595
May 202097,915560,30116.921.81$2,673,528
Apr 2020101,064536,19514.751.80$2,458,194
Mar 2020114,983503,59130.341.86$4,423,365
Feb 2020125,711436,63649.881.98$7,135,297
Jan 2020109,829402,71157.252.09$7,131,285
Dec 2019173,373528,37559.012.30$11,448,307
Nov 2019200,995500,66255.302.75$12,492,194
Oct 2019225,726423,58153.472.42$13,094,017
Sep 2019234,724335,52155.052.66$13,813,129
Aug 201981,466155,63853.112.30$4,685,305
Jul 2019147,158177,27156.272.46$8,716,678
Jun 201987,71698,91952.782.49$4,876,077
May 201912,44317,98858.482.74$776,960
Apr 201935,569139,83562.632.75$2,612,331
Mar 2019121,135402,23356.803.06$8,112,146
Feb 2019119,816328,97850.852.79$7,011,223
Jan 2019119,217327,59746.033.23$6,545,101
Dec 2018139,674351,96446.594.19$7,980,536
Nov 2018181,389423,51552.934.24$11,395,454
Oct 2018223,696446,02161.443.40$15,259,497
Sep 2018261,837459,54259.543.11$17,018,032
Aug 2018326,463441,90059.403.07$20,747,015
Jul 2018272,910322,52065.142.93$18,722,947
Jun 201874,768145,33260.183.08$4,946,713
May 201886,218133,60565.382.90$6,024,494
Apr 2018111,232184,79963.842.90$7,637,116
Mar 2018172,553265,09961.222.79$11,302,483
Feb 2018209,742244,44261.782.77$13,634,017
Jan 2018152,061176,77062.874.01$10,268,803
Dec 201742,67983,31257.272.92$2,687,624
Nov 201740,44563,22755.423.12$2,438,626
Oct 201718,71132,32349.292.98$1,018,707
Sep 201748,051105,68047.523.09$2,609,647
Aug 201760,665134,09345.373.00$3,155,240
Jul 201774,198128,49143.873.09$3,651,754
Jun 201783,225113,79242.493.09$3,887,538
May 2017111,384122,74945.373.26$5,454,071
Apr 2017116,13885,46647.933.21$5,840,977
Mar 201721,28515,44746.772.98$1,041,588

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               64,939 bbl  × $106.41 = $6,910,159
Casinghead gas   480,319 Mcf  × $  3.05 = $1,462,975

────────────────────────────────────────────────────
Month total                               $8,373,134

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/48742 is the state's own key, not one this site invented.