THIGPEN

Operated by GUINN INVESTMENTS, INC. (P-5 337485) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 104438District 09Field 99480001CondensateGasSaveExport
Value, all time
$212 k
Jan 1993 – May 2013
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
245
no gaps in the span
Streams
2
condensate, 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 2,525 leases and 8,014 wells, and the rule below applies to all of them.

Discovered
1917-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition473 bbl$21,356
GasProduction66,356 Mcf$190,283
Total$211,639

24,033 Mcf of this lease's gas, across 48 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 (1)

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 33.2100, -98.5712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.20996, -98.57120 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,535 ft
1 wells filed one
Completion to plug
35.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 4,535 ft.

Completions filed
Jan 1978
1 of 1 wells
Plug dates filed
May 2013
1 of 1 wells

Last completion to plug: a median of 35.3 years across the 1 well that filed both dates, with the middle half between 35.3 years and 35.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5033251014,535 ftJan 1978May 2013Yes

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 (245)

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

245 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20124486.953.62$362
Oct 20122289.383.40$186
Sep 20123394.672.92$293
Aug 20123792.662.91$298
Jul 201231185.133.02$289
Jun 201243679.822.52$410
May 2012103791.612.49$1,008
Apr 2012932101.652.00$979
Mar 20121349105.052.22$1,475
Feb 2012914101.102.57$946
Jan 201221498.092.73$234
Dec 201131796.873.24$346
Nov 20111895.723.31$122
Oct 201111584.983.65$140
Sep 201134183.623.99$414
Aug 201178783.404.15$945
Jul 201105194.144.52$230
Jun 201132492.904.64$390
May 20110098.134.40$0
Apr 2011950105.964.33$1,170
Mar 201154996.364.06$681
Feb 2011411185.644.18$807
Jan 20110086.504.59$0
Dec 201012685.734.35$199
Nov 201017280.843.80$354
Oct 201008678.103.51$302
Sep 201004672.633.98$183
Aug 2010611573.684.42$950
Jul 2010112772.554.74$674
Jun 20100770.364.91$34
May 201043971.124.24$450
Apr 2010912781.694.12$1,259
Mar 201044778.394.39$520
Feb 2010719673.585.44$1,582
Jan 201005174.365.96$304
Dec 200936271.445.48$554
Nov 2009411574.593.75$730
Oct 2009416072.544.11$948
Sep 200915165.543.06$222
Aug 200901467.423.22$45
Jul 20090061.133.46$0
Jun 2009111966.163.90$530
May 2009515754.743.93$890
Apr 200918146.773.59$337
Mar 2009013842.144.06$560
Feb 200904832.814.63$222
Jan 200911935.865.37$138
Dec 200806737.105.98$400
Nov 2008113355.496.86$968
Oct 2008017175.246.92$1,184
Sep 2008185101.767.88$771
Aug 2008065114.228.48$551
Jul 20080127131.0811.39$1,446
Jun 20081196131.3313.03$2,686
May 20082171123.1711.57$2,226
Apr 2008186110.3110.45$1,009
Mar 20084100101.909.66$1,374
Feb 200818292.538.77$812
Jan 200819990.388.21$903
Dec 200707588.337.30$548
Nov 2007112191.677.29$974
Oct 200702282.856.92$152
Sep 200708975.846.24$556
Aug 2007218869.066.39$1,339
Jul 2007016570.906.39$1,054
Jun 200719262.007.55$756
May 2007220958.747.85$1,757
Apr 2007119859.617.81$1,605
Mar 2007219756.927.30$1,552
Feb 2007018555.108.22$1,520
Jan 2007116650.306.73$1,167
Dec 200609956.656.92$685
Nov 2006020954.207.62$1,592
Oct 2006126054.906.01$1,618
Sep 2006122160.085.04$1,173
Aug 20060168.717.34$7
Jul 200608369.376.34$526
Jun 2006116166.286.38$1,094
May 2006323166.016.42$1,682
Apr 2006323164.397.36$1,893
Mar 2006010456.707.08$737
Feb 2006122557.597.75$1,802
Jan 2006119460.598.93$1,794
Dec 2005116954.9413.42$2,322
Nov 2005016954.6910.59$1,789
Oct 2005026558.3413.80$3,656
Sep 2005119361.4512.08$2,393
Aug 2005117061.519.80$1,727
Jul 2005025255.697.84$1,977
Jun 200509352.337.38$686
May 2005214645.226.65$1,062
Apr 2005121549.207.36$1,632
Mar 2005217750.377.15$1,367
Feb 2005013445.226.31$846
Jan 2005118043.166.32$1,181
Dec 200409339.866.75$628
Nov 2004120845.286.33$1,362
Oct 2004119949.706.52$1,346
Sep 2004127543.245.28$1,496
Aug 2004128942.375.55$1,647
Jul 2004029038.286.08$1,764
Jun 2004030136.106.43$1,936
May 2004128537.486.49$1,888
Apr 2004225634.475.86$1,569
Mar 2004128934.365.53$1,633
Feb 2004229932.455.51$1,712
Jan 2004124932.036.30$1,601
Dec 2003032030.266.30$2,017
Nov 2003132328.804.60$1,513
Oct 2003031628.174.76$1,504
Sep 2003018126.314.75$860
Aug 2003137229.765.13$1,938
Jul 2003318129.415.17$1,024
Jun 2003018528.565.98$1,107
May 2003026126.595.97$1,559
Apr 2003129926.675.41$1,643
Mar 2003024431.146.10$1,487
Feb 2003225033.487.93$2,048
Jan 2003127330.315.58$1,554
Dec 2002037326.914.85$1,810
Nov 2002041024.664.14$1,696
Oct 2002031326.464.23$1,324
Sep 2002034727.443.64$1,261
Aug 2002034325.963.16$1,085
Jul 2002039524.583.06$1,209
Jun 2002023923.733.34$798
May 2002041424.663.58$1,484
Apr 200207323.653.51$256
Mar 2002032822.003.10$1,018
Feb 2002029518.222.38$701
Jan 2002040217.172.38$955
Dec 20010516.932.36$12
Nov 20010518.072.41$12
Oct 200109719.782.53$245
Sep 2001028224.262.25$635
Aug 2001038224.873.05$1,166
Jul 2001044423.933.20$1,420
Jun 2001342624.563.82$1,703
May 2001034225.524.31$1,473
Apr 2001039624.685.34$2,113
Mar 2001047424.545.38$2,548
Feb 2001040127.755.77$2,313
Jan 2001035027.478.40$2,940
Dec 2000042126.889.12$3,841
Nov 2000054832.215.66$3,101
Oct 2000048231.235.15$2,480
Sep 2000023031.875.19$1,193
Aug 2000035329.644.54$1,603
Jul 2000037128.534.09$1,517
Jun 2000037729.304.40$1,658
May 2000026827.263.68$986
Apr 2000036824.513.12$1,147
Mar 2000036228.422.86$1,035
Feb 2000033727.622.73$919
Jan 2000037825.272.48$938
Dec 1999033124.282.42$802
Nov 19990023.192.43$0
Oct 19998138020.982.80$2,765
Sep 1999038521.752.62$1,008
Aug 1999041919.262.88$1,205
Jul 1999243717.892.37$1,073
Jun 1999236715.942.36$899
May 1999030615.792.32$710
Apr 1999032215.102.21$711
Mar 1999236512.471.84$696
Feb 199903279.981.82$594
Jan 1999042310.381.90$804
Dec 199803749.201.77$663
Nov 1998037010.892.19$809
Oct 1998041412.421.97$815
Sep 1998142312.592.08$894
Aug 1998041211.301.91$786
Jul 1998139311.742.24$891
Jun 1998142811.242.24$969
May 1998142412.622.21$948
Apr 1998040113.042.51$1,005
Mar 1998340312.802.31$969
Feb 1998037813.952.30$869
Jan 1998340714.702.15$921
Dec 1997139916.322.41$978
Nov 1997041418.193.09$1,279
Oct 1997240219.253.15$1,305
Sep 1997043717.742.95$1,291
Aug 1997150017.862.55$1,295
Jul 1997038117.582.25$856
Jun 1997335917.242.26$862
May 1997041718.972.31$963
Apr 1997259317.882.08$1,271
Mar 1997144818.951.94$888
Feb 1997047620.492.21$1,050
Jan 1997150323.483.54$1,804
Dec 1996145823.32$23
Nov 1996047621.97$0
Oct 1996049023.31$0
Sep 1996034122.22$0
Aug 1996055120.26$0
Jul 1996143319.55$20
Jun 1996041918.73$0
May 1996153919.43$19
Apr 1996042721.51$0
Mar 1996153719.38$19
Feb 1996032916.98$0
Jan 1996042517.07$0
Dec 1995043717.19$0
Nov 1995053916.00$0
Oct 1995041915.43$0
Sep 1995047316.18$0
Aug 1995049615.92$0
Jul 199513439315.24$2,042
Jun 1995149016.41$16
May 1995055017.56$0
Apr 1995150717.73$18
Mar 1995253816.44$33
Feb 1995050116.58$0
Jan 1995055615.92$0
Dec 1994251715.03$30
Nov 1994048815.90$0
Oct 1994054215.58$0
Sep 1994050515.29$0
Aug 1994058116.13$0
Jul 1994152317.56$18
Jun 1994062017.09$0
May 1994051315.88$0
Apr 1994353514.14$42
Mar 1994051912.46$0
Feb 1994042512.50$0
Jan 1994049612.66$0
Dec 1993062012.33$0
Nov 1993049214.49$0
Oct 1993058015.85$0
Sep 1993061615.03$0
Aug 1993066415.66$0
Jul 1993035115.46$0
Jun 1993055416.79$0
May 1993153617.68$18
Apr 1993058418.05$0
Mar 1993049118.14$0
Feb 1993049617.90$0
Jan 1993046116.93$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.

Nov 2012 — as filed, then multipliedworked
Condensate             4 bbl  × $ 86.95 =       $348
Gas                    4 Mcf  × $  3.62 =        $15

────────────────────────────────────────────────────
Month total                                     $362

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. 09/G/104438 is the state's own key, not one this site invented.