MCGUIRE, W. B.

Operated by WISE PRODUCTION COMPANY (P-5 933825) in the CHICO, WEST (CONGLOMERATE 5700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 179791District 09Field 17634462CondensateGasSaveExport
Value, all time
$200 k
Oct 2000 – Apr 2016
Value, last 12 filed months
$97
at the published price for each month
Months reported
187
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 193 leases and 233 wells, and the rule below applies to all of them.

Discovered
1957-01-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: DGL 1000 MCF

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
CondensateDisposition167 bbl$12,300
GasProduction31,128 Mcf$187,427
Total$199,727

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 33.3344, -97.8642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.33444, -97.86419 · 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
5,850 ft
1 wells filed one
Completion to plug
39.1 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 5,850 ft.

Completions filed
Sep 1976
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 39.1 years across the 1 well that filed both dates, with the middle half between 39.1 years and 39.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973044215,850 ftSep 1976Oct 2015Yes

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 (187)

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

187 months

Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20151143.552.43$46
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20151148.152.95$51
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20151149.822.71$53
Mar 20151142.892.93$46
Feb 20150044.662.98$0
Jan 20151143.433.10$47
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201313097.423.78$1,266
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
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 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120398.092.73$8
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110398.134.40$13
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110785.644.18$29
Jan 20110886.504.59$37
Dec 20100785.734.35$30
Nov 20100080.843.80$0
Oct 20100978.103.51$32
Sep 20100872.633.98$32
Aug 20100873.684.42$35
Jul 201001172.554.74$52
Jun 20100970.364.91$44
May 201001371.124.24$55
Apr 20100281.694.12$8
Mar 20100678.394.39$26
Feb 20100873.585.44$44
Jan 201001274.365.96$72
Dec 20090671.445.48$33
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200901342.144.06$53
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20081137.105.98$43
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200891102101.767.88$10,064
Aug 20080203114.228.48$1,722
Jul 20080227131.0811.39$2,585
Jun 20080255131.3313.03$3,323
May 20080246123.1711.57$2,847
Apr 20080241110.3110.45$2,520
Mar 20080256101.909.66$2,474
Feb 2008022992.538.77$2,008
Jan 2008025090.388.21$2,051
Dec 2007024488.337.30$1,782
Nov 2007024991.677.29$1,816
Oct 2007026582.856.92$1,834
Sep 2007027675.846.24$1,723
Aug 2007031069.066.39$1,980
Jul 2007014270.906.39$907
Jun 2007025462.007.55$1,917
May 2007027858.747.85$2,181
Apr 2007015259.617.81$1,186
Mar 2007019156.927.30$1,395
Feb 2007022955.108.22$1,881
Jan 2007029350.306.73$1,971
Dec 2006021456.656.92$1,481
Nov 2006019354.207.62$1,470
Oct 2006025654.906.01$1,540
Sep 2006022160.085.04$1,113
Aug 2006024568.717.34$1,798
Jul 2006025069.376.34$1,586
Jun 2006022866.286.38$1,456
May 2006029666.016.42$1,902
Apr 2006023464.397.36$1,722
Mar 2006021256.707.08$1,502
Feb 2006020157.597.75$1,558
Jan 2006018360.598.93$1,635
Dec 2005024054.9413.42$3,220
Nov 2005026354.6910.59$2,785
Oct 2005028358.3413.80$3,904
Sep 2005026961.4512.08$3,249
Aug 2005029761.519.80$2,910
Jul 2005021755.697.84$1,702
Jun 2005021352.337.38$1,572
May 2005030045.226.65$1,995
Apr 2005013949.207.36$1,023
Mar 2005022650.377.15$1,617
Feb 2005017445.226.31$1,098
Jan 2005019943.166.32$1,258
Dec 2004027239.866.75$1,836
Nov 2004023245.286.33$1,469
Oct 2004024049.706.52$1,564
Sep 2004030243.245.28$1,596
Aug 2004030142.375.55$1,671
Jul 2004023238.286.08$1,412
Jun 2004023236.106.43$1,492
May 2004038537.486.49$2,500
Apr 2004021034.475.86$1,230
Mar 2004031234.365.53$1,725
Feb 2004028032.455.51$1,543
Jan 2004033532.036.30$2,110
Dec 2003037630.266.30$2,369
Nov 2003025528.804.60$1,172
Oct 2003035828.174.76$1,704
Sep 2003036026.314.75$1,710
Aug 2003035129.765.13$1,801
Jul 2003037529.415.17$1,939
Jun 2003023328.565.98$1,394
May 2003033526.595.97$2,001
Apr 2003031426.675.41$1,698
Mar 2003026331.146.10$1,603
Feb 2003026633.487.93$2,108
Jan 2003033130.315.58$1,848
Dec 2002033526.914.85$1,626
Nov 2002038924.664.14$1,609
Oct 20025741226.464.23$3,251
Sep 2002032427.443.64$1,178
Aug 2002033225.963.16$1,051
Jul 2002033024.583.06$1,010
Jun 2002034023.733.34$1,135
May 2002041824.663.58$1,498
Apr 2002026823.653.51$941
Mar 2002038122.003.10$1,182
Feb 2002041418.222.38$984
Jan 2002041817.172.38$993
Dec 2001069916.932.36$1,653
Nov 2001085218.072.41$2,050
Oct 2001081119.782.53$2,051
Sep 2001052524.262.25$1,182
Aug 2001030424.873.05$928
Jul 2001031823.933.20$1,017
Jun 2001028324.563.82$1,082
May 2001024925.524.31$1,073
Apr 2001034824.685.34$1,857
Mar 2001055724.545.38$2,995
Feb 2001061127.755.77$3,524
Jan 200101,00927.478.40$8,474
Dec 2000082226.889.12$7,499
Nov 2000099132.215.66$5,607
Oct 2000065431.235.15$3,365

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.

Oct 2015 — as filed, then multipliedworked
Condensate             1 bbl  × $ 43.55 =        $44
Gas                    1 Mcf  × $  2.43 =         $2

────────────────────────────────────────────────────
Month total                                      $46

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/179791 is the state's own key, not one this site invented.