GUITAR SOUTH 4-7

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 49382District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$43.2 M
May 2017 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
109
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
OilDisposition635,535 bbl$38,870,717
Casinghead gasProduction1,283,232 Mcf$4,308,708
Total$43,179,425

Wells on this lease (2)

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 32.2691, -101.5634. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.26909, -101.56342 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,839 ft
2 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.
2100.0%

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 7,765 and 7,913 ft, median 7,839 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2017
2 of 2 wells

2 wells

42-227390484315H7,913 ftOct 2017
42-227391014215H7,765 ftOct 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 (109)

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

109 months

May 20262,4875,239106.413.05$280,599
Apr 20262,8577,59898.932.87$304,447
Mar 20261,9174,38489.753.15$185,858
Feb 20261,8774,96963.503.75$137,825
Jan 20261,4285,14559.138.00$125,587
Dec 20251,87210,13056.664.41$150,775
Nov 20252,95910,42958.593.93$214,317
Oct 20253,06011,70259.383.30$220,376
Sep 20252,3718,31762.743.08$174,347
Aug 20252,74515,33463.933.01$221,716
Jul 20253,23116,91566.743.32$271,714
Jun 20253,22311,74766.483.13$251,018
May 20253,3958,27660.553.23$232,318
Apr 20252,3074,18562.363.54$158,692
Mar 20252,2104,16967.704.27$167,412
Feb 20252,0533,77070.884.34$161,882
Jan 20251,5053,32674.324.28$126,082
Dec 20241,7533,69968.993.12$132,485
Nov 20241,7295,48569.052.20$131,446
Oct 20241,7913,94471.372.28$136,822
Sep 20241,9174,09769.612.36$143,129
Aug 20242,3025,38175.632.06$185,205
Jul 20242,5366,18279.932.15$215,973
Jun 20242,2495,06578.082.63$188,943
May 20242,3496,02778.812.20$198,375
Apr 20243,0269,17884.451.66$270,774
Mar 20242,85712,48780.301.55$248,711
Feb 20242,39412,03676.091.78$203,627
Jan 20241,9747,01073.023.30$167,258
Dec 20232,69711,41071.262.61$221,977
Nov 20233,08811,25177.892.81$272,112
Oct 20233,38213,12585.443.09$329,479
Sep 20233,47411,98989.042.74$342,115
Aug 20233,09510,20380.522.67$276,481
Jul 20233,54813,43574.852.64$301,060
Jun 20232,6408,35468.962.26$200,922
May 20232,95211,79870.622.23$234,749
Apr 20232,9849,66578.122.24$254,738
Mar 20232,87410,40072.852.39$234,260
Feb 20232,5589,22375.112.47$214,872
Jan 20233,12313,72876.533.39$285,510
Dec 20223,35913,39076.415.73$333,374
Nov 20223,50013,48385.005.65$373,628
Oct 20223,72412,84387.185.86$399,967
Sep 20223,60911,71784.888.16$401,986
Aug 20223,71611,13994.529.13$452,904
Jul 20223,68610,984101.587.54$457,266
Jun 20223,66411,063115.097.98$509,942
May 20223,74713,504109.378.43$523,689
Apr 20224,02014,440104.226.84$517,699
Mar 20224,42613,492108.885.08$550,394
Feb 20223,5317,68791.054.86$358,847
Jan 20223,2509,59681.844.54$309,524
Dec 20215,26816,21271.323.90$438,926
Nov 20212,9327,31677.435.24$265,338
Oct 20214,0418,93879.795.71$373,502
Sep 20212,9649,35669.865.35$257,128
Aug 20214,17413,91766.024.22$334,305
Jul 20214,94219,80770.783.98$428,668
Jun 20214,19516,98969.493.38$348,944
May 20216,06022,38563.483.02$452,239
Apr 20215,73115,94460.362.76$389,903
Mar 20216,50710,11461.302.72$426,358
Feb 20211,9675,28157.805.55$142,991
Jan 20212,5905,74050.412.81$146,693
Dec 20205,63816,36344.642.68$295,459
Nov 20205,57019,29038.772.71$268,159
Oct 20206,57722,09636.972.48$297,915
Sep 20206,69420,84837.091.99$289,790
Aug 20207,08211,80039.982.39$311,283
Jul 20205,41911,81038.371.83$229,482
Jun 20207,92417,63134.901.69$306,349
May 20207,48810,30016.921.81$145,389
Apr 20206,8756,72814.751.80$113,546
Mar 20205,5783,95730.341.86$176,582
Feb 20205,6023,87349.881.98$287,099
Jan 20204,9012,90457.252.09$286,665
Dec 20193,9549,76659.012.30$255,830
Nov 20196,8078,57555.302.75$400,014
Oct 20197,16616,38453.472.42$422,791
Sep 20197,92022,81855.052.66$496,630
Aug 20198,08919,06853.112.30$473,546
Jul 20199,20226,37356.272.46$582,676
Jun 20198,91519,05252.782.49$517,996
May 201910,85321,76058.482.74$694,313
Apr 201911,34522,21062.632.75$771,630
Mar 201912,46219,62556.803.06$767,935
Feb 201912,17623,05350.852.79$683,519
Jan 201913,46523,89646.033.23$696,935
Dec 20188,37014,63046.594.19$451,191
Nov 201810,3477,86352.934.24$580,984
Oct 20188,7916,77761.443.40$563,148
Sep 201810,35316,71459.543.11$668,365
Aug 201811,83216,71359.403.07$754,072
Jul 201812,87821,31665.142.93$901,369
Jun 201814,49821,60560.183.08$938,967
May 201817,30925,75165.382.90$1,206,361
Apr 201819,58726,01163.842.90$1,325,887
Mar 201820,86323,80261.222.79$1,343,565
Feb 201821,54317,06661.782.77$1,378,133
Jan 201819,8858,10162.874.01$1,282,649
Dec 201725,49919,66857.272.92$1,517,788
Nov 201729,10320,63455.423.12$1,677,233
Oct 201716,58310,25749.292.98$847,980
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$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                2,487 bbl  × $106.41 =   $264,642
Casinghead gas     5,239 Mcf  × $  3.05 =    $15,957

────────────────────────────────────────────────────
Month total                                 $280,599

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/49382 is the state's own key, not one this site invented.