GUITAR TRUST ESTATE -A-

Operated by P4 OPERATING, LLC (P-5 631638) in the VAREL (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8765District 08Field 93233333OilCasinghead gasSaveExport
Value, all time
$2.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
401
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 79 leases and 216 wells, and the rule below applies to all of them.

Discovered
1955-02-14
as the register files it
Field class
Oil
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2001-12-20.

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
OilDisposition40,071 bbl$2,069,653
Casinghead gasProduction142 Mcf$368
Total$2,070,021

46 Mcf of this lease's gas, across 46 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.2838, -101.6155. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.28377, -101.61554 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
3,250 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 3,250 ft.

Plug dates filed
Apr 1989
1 of 2 wells; 1 filed none

2 wells

42-2270394833,250 ftApr 1989Yes
42-227039431

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 (401)

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

401 months

May 20261720106.413.05$18,303
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025167056.664.41$9,462
Nov 20250058.593.93$0
Oct 2025161059.383.30$9,560
Sep 2025158062.743.08$9,913
Aug 20250063.933.01$0
Jul 2025160066.743.32$10,678
Jun 2025158066.483.13$10,504
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025159067.704.27$10,764
Feb 2025164070.884.34$11,624
Jan 20250074.324.28$0
Dec 2024154068.993.12$10,624
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024166069.612.36$11,555
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024194078.082.63$15,148
May 20240078.812.20$0
Apr 2024180084.451.66$15,201
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024170073.023.30$12,413
Dec 2023185071.262.61$13,183
Nov 20230077.892.81$0
Oct 2023185085.443.09$15,806
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023190074.852.64$14,222
Jun 2023185068.962.26$12,758
May 20230070.622.23$0
Apr 2023294078.122.24$22,967
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022307076.415.73$23,458
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022160094.529.13$15,123
Jul 20221620101.587.54$16,456
Jun 202200115.097.98$0
May 20221600109.378.43$17,499
Apr 202200104.226.84$0
Mar 20221600108.885.08$17,421
Feb 2022162091.054.86$14,750
Jan 2022156081.844.54$12,767
Dec 2021179071.323.90$12,766
Nov 20210077.435.24$0
Oct 2021175079.795.71$13,963
Sep 2021168069.865.35$11,736
Aug 2021175066.024.22$11,554
Jul 20210070.783.98$0
Jun 2021186069.493.38$12,925
May 2021199063.483.02$12,633
Apr 2021179060.362.76$10,804
Mar 20210061.302.72$0
Feb 2021172057.805.55$9,942
Jan 2021172050.412.81$8,671
Dec 20200044.642.68$0
Nov 2020172038.772.71$6,668
Oct 2020173036.972.48$6,396
Sep 20200037.091.99$0
Aug 2020348039.982.39$13,913
Jul 2020178038.371.83$6,830
Jun 20200034.901.69$0
May 2020178016.921.81$3,012
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019329055.052.66$18,111
Aug 2019180053.112.30$9,560
Jul 2019182056.272.46$10,241
Jun 2019167052.782.49$8,814
May 2019190058.482.74$11,111
Apr 2019190062.632.75$11,900
Mar 2019340056.803.06$19,312
Feb 20190050.852.79$0
Jan 2019169046.033.23$7,779
Dec 2018183046.594.19$8,526
Nov 2018169052.934.24$8,945
Oct 20180061.443.40$0
Sep 2018166059.543.11$9,884
Aug 2018170059.403.07$10,098
Jul 2018171065.142.93$11,139
Jun 20180060.183.08$0
May 2018171065.382.90$11,180
Apr 2018168063.842.90$10,725
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018181062.874.01$11,379
Dec 20170057.272.92$0
Nov 2017160055.423.12$8,867
Oct 2017178049.292.98$8,774
Sep 2017168047.523.09$7,983
Aug 20170045.373.00$0
Jul 2017166043.873.09$7,282
Jun 2017163042.493.09$6,926
May 2017170045.373.26$7,713
Apr 2017171047.933.21$8,196
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017166049.413.42$8,202
Dec 2016167048.763.72$8,143
Nov 20160042.492.64$0
Oct 2016171046.193.09$7,898
Sep 2016171041.553.10$7,105
Aug 2016158041.442.92$6,548
Jul 20160041.622.92$0
Jun 2016168045.352.69$7,619
May 2016158042.521.99$6,718
Apr 2016169036.561.99$6,179
Mar 2016173033.011.79$5,711
Feb 2016174026.472.06$4,606
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015155038.792.17$6,012
Oct 20150043.552.43$0
Sep 2015177042.992.76$7,609
Aug 2015186040.162.87$7,470
Jul 20150048.152.95$0
Jun 2015174056.152.88$9,770
May 2015168055.212.96$9,275
Apr 2015170049.822.71$8,469
Mar 2015168042.892.93$7,206
Feb 20150044.662.98$0
Jan 2015162043.433.10$7,036
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014178078.303.90$13,937
Sep 20140086.164.05$0
Aug 2014166089.394.04$14,839
Jul 2014165096.564.18$15,932
Jun 20140098.164.74$0
May 2014165094.734.73$15,630
Apr 20140095.944.81$0
Mar 2014165095.895.06$15,822
Feb 2014164097.406.19$15,974
Jan 20140090.404.86$0
Dec 2013166091.824.35$15,242
Nov 20130088.853.74$0
Oct 2013165097.423.78$16,074
Sep 20131680104.113.72$17,490
Aug 20131650104.253.52$17,201
Jul 201300102.523.72$0
Jun 2013162094.403.93$15,293
May 20130094.834.15$0
Apr 2013162093.964.28$15,222
Mar 2013162093.623.91$15,166
Feb 2013172091.233.42$15,692
Jan 20130091.603.42$0
Dec 2012163086.773.42$14,144
Nov 2012163086.953.62$14,173
Oct 2012164089.383.40$14,658
Sep 2012163094.672.92$15,431
Aug 20120092.662.91$0
Jul 2012166085.133.02$14,132
Jun 20120079.822.52$0
May 2012166091.612.49$15,207
Apr 20121640101.652.00$16,671
Mar 201200105.052.22$0
Feb 20121630101.102.57$16,479
Jan 20120098.092.73$0
Dec 2011163096.873.24$15,790
Nov 2011170095.723.31$16,272
Oct 2011168084.983.65$14,277
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011168094.144.52$15,816
Jun 20110092.904.64$0
May 2011169098.134.40$16,584
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011168085.644.18$14,388
Jan 2011160086.504.59$13,840
Dec 20100085.734.35$0
Nov 2010161080.843.80$13,015
Oct 2010165078.103.51$12,887
Sep 20100072.633.98$0
Aug 2010170073.684.42$12,526
Jul 2010173072.554.74$12,551
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010165081.694.12$13,479
Mar 2010161078.394.39$12,621
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009142071.445.48$10,144
Nov 2009156074.593.75$11,636
Oct 2009160072.544.11$11,606
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009167061.133.46$10,209
Jun 20090066.163.90$0
May 2009165054.743.93$9,032
Apr 20090046.773.59$0
Mar 2009308042.144.06$12,979
Feb 20090032.814.63$0
Jan 2009160035.865.37$5,738
Dec 20080037.105.98$0
Nov 2008163055.496.86$9,045
Oct 2008166075.246.92$12,490
Sep 200800101.767.88$0
Aug 20081650114.228.48$18,846
Jul 200800131.0811.39$0
Jun 20081740131.3313.03$22,851
May 20081700123.1711.57$20,939
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008154092.538.77$14,250
Jan 2008178090.388.21$16,088
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007180082.856.92$14,913
Sep 2007174075.846.24$13,196
Aug 20070069.066.39$0
Jul 2007168070.906.39$11,911
Jun 20070062.007.55$0
May 2007168058.747.85$9,868
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007173055.108.22$9,532
Jan 20070050.306.73$0
Dec 2006158056.656.92$8,951
Nov 20060054.207.62$0
Oct 2006172054.906.01$9,443
Sep 20060060.085.04$0
Aug 2006175068.717.34$12,024
Jul 2006160069.376.34$11,099
Jun 20060066.286.38$0
May 2006166066.016.42$10,958
Apr 20060064.397.36$0
Mar 2006162056.707.08$9,185
Feb 2006142057.597.75$8,178
Jan 20060060.598.93$0
Dec 2005158054.9413.42$8,681
Nov 20050054.6910.59$0
Oct 2005152058.3413.80$8,868
Sep 2005159061.4512.08$9,771
Aug 20050061.519.80$0
Jul 2005149055.697.84$8,298
Jun 2005151052.337.38$7,902
May 2005152045.226.65$6,873
Apr 20050049.207.36$0
Mar 2005161050.377.15$8,110
Feb 20050045.226.31$0
Jan 2005166043.166.32$7,165
Dec 20040139.866.75$7
Nov 2004164145.286.33$7,432
Oct 2004161149.706.52$8,008
Sep 20040143.245.28$5
Aug 2004179142.375.55$7,590
Jul 200475138.286.08$2,877
Jun 20040136.106.43$6
May 2004157137.486.49$5,891
Apr 2004171134.475.86$5,900
Mar 20040134.365.53$6
Feb 2004195132.455.51$6,333
Jan 20040132.036.30$6
Dec 2003170130.266.30$5,151
Nov 20030128.804.60$5
Oct 2003156128.174.76$4,399
Sep 2003163126.314.75$4,293
Aug 20030129.765.13$5
Jul 2003149129.415.17$4,387
Jun 2003152128.565.98$4,347
May 20030126.595.97$6
Apr 2003162126.675.41$4,326
Mar 20030131.146.10$6
Feb 2003161133.487.93$5,398
Jan 2003149130.315.58$4,522
Dec 20020126.914.85$5
Nov 2002174124.664.14$4,295
Oct 2002160126.464.23$4,238
Sep 20020127.443.64$4
Aug 2002167125.963.16$4,338
Jul 20020124.583.06$3
Jun 2002156123.733.34$3,705
May 20020124.663.58$4
Apr 2002147123.653.51$3,480
Mar 2002165122.003.10$3,633
Feb 20020118.222.38$2
Jan 2002167117.172.38$2,870
Dec 2001164116.932.36$2,779
Nov 20010118.072.41$2
Oct 2001171119.782.53$3,385
Sep 20010124.262.25$2
Aug 2001171124.873.05$4,256
Jul 20010123.933.20$3
Jun 2001137124.563.82$3,369
May 2001168125.524.31$4,292
Apr 20010124.685.34$5
Mar 2001167124.545.38$4,104
Feb 20010127.755.77$6
Jan 2001162127.478.40$4,459
Dec 20000126.889.12$9
Nov 20000132.215.66$6
Oct 2000171131.235.15$5,345
Sep 20000131.875.19$5
Aug 2000168129.644.54$4,984
Jul 2000167128.534.09$4,769
Jun 20000129.304.40$4
May 2000167127.263.68$4,556
Apr 20000124.513.12$3
Mar 2000147128.422.86$4,181
Feb 2000175127.622.73$4,836
Jan 2000156125.272.48$3,945
Dec 19990124.282.42$2
Nov 1999164123.192.43$3,806
Oct 19990120.982.80$3
Sep 1999134121.752.62$2,917
Aug 1999171119.262.88$3,296
Jul 199995117.892.37$1,702
Jun 19990115.942.36$2
May 1999165115.792.32$2,608
Apr 19990115.102.21$2
Mar 1999161112.471.84$2,010
Feb 1999019.981.82$2
Jan 1999156110.381.90$1,621
Dec 199816319.201.77$1,501
Nov 19980110.892.19$2
Oct 1998166112.421.97$2,064
Sep 1998161112.592.08$2,029
Aug 1998155111.301.91$1,753
Jul 19980111.742.24$2
Jun 19980111.242.24$2
May 1998124112.622.21$1,567
Apr 1998176113.042.51$2,298
Mar 1998154112.802.31$1,974
Feb 19980113.952.30$2
Jan 1998166114.702.15$2,442
Dec 19970116.322.41$2
Nov 1997181118.193.09$3,295
Oct 19970119.253.15$3
Sep 1997151117.742.95$2,682
Aug 19970117.862.55$3
Jul 1997139117.582.25$2,446
Jun 1997152117.242.26$2,623
May 19970118.972.31$2
Apr 1997136117.882.08$2,434
Mar 1997176118.951.94$3,337
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 1996156123.32$3,638
Nov 1996159121.97$3,493
Oct 19960123.31$0
Sep 1996301122.22$6,688
Aug 19960120.26$0
Jul 1996152119.55$2,972
Jun 19960118.73$0
May 1996176119.43$3,420
Apr 1996155121.51$3,334
Mar 19960119.38$0
Feb 1996148116.98$2,513
Jan 1996176117.07$3,004
Dec 19950117.19$0
Nov 1995179116.00$2,864
Oct 1995155115.43$2,392
Sep 19950116.18$0
Aug 1995178115.92$2,834
Jul 19950115.24$0
Jun 1995178116.41$2,921
May 1995154117.56$2,704
Apr 19950117.73$0
Mar 1995154116.44$2,532
Feb 1995159116.58$2,636
Jan 19950115.92$0
Dec 1994159115.03$2,390
Nov 19940015.90$0
Oct 1994165015.58$2,571
Sep 1994171115.29$2,615
Aug 19940116.13$0
Jul 1994167117.56$2,933
Jun 1994173117.09$2,957
May 1994153115.88$2,430
Apr 19940114.14$0
Mar 1994177112.46$2,205
Feb 19940112.50$0
Jan 1994176112.66$2,228
Dec 19930112.33$0
Nov 1993170114.49$2,463
Oct 1993160115.85$2,536
Sep 19930115.03$0
Aug 1993161115.66$2,521
Jul 1993167115.46$2,582
Jun 19930116.79$0
May 1993166117.68$2,935
Apr 19930118.05$0
Mar 1993176118.14$3,193
Feb 19930117.90$0
Jan 1993181116.93$3,064

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                  172 bbl  × $106.41 =    $18,303
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,303

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/8765 is the state's own key, not one this site invented.