GRIFFIN

Operated by GUIDANCE OIL DEVELOPERS,INC.(1) (P-5 337342) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23978District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$347 k
Jan 1993 – Oct 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
250
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 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
OilDisposition11,537 bbl$346,605
Casinghead gasProduction21 Mcf$0
Total$346,605

21 Mcf of this lease's gas, across 21 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 33.3689, -98.7726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.36895, -98.77257 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
3,171 ft
2 wells filed one
Completion to plug
28.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 1,421 and 4,920 ft, median 3,171 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1984 – Oct 1985
2 of 2 wells
Plug dates filed
Mar 2013
2 of 2 wells

Last completion to plug: a median of 28.0 years across the 2 wells that filed both dates, with the middle half between 27.8 years and 28.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-5033780314,920 ftOct 1985Mar 2013Yes
42-5033794521,421 ftAug 1984Mar 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 (250)

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

250 months

Oct 20130097.423.78$0
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 20125110101.652.00$51,943
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
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 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
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 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009174035.865.37$6,240
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008133075.246.92$10,007
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008163092.538.77$15,082
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007161082.856.92$13,339
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007164055.108.22$9,036
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006166056.707.08$9,412
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005172054.9413.42$9,450
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005173061.519.80$10,641
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005169045.226.65$7,642
Apr 20050049.207.36$0
Mar 2005173050.377.15$8,714
Feb 20050045.226.31$0
Jan 2005172043.166.32$7,424
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004172036.106.43$6,209
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004172032.036.30$5,509
Dec 20030030.266.30$0
Nov 2003179028.804.60$5,155
Oct 20030028.174.76$0
Sep 2003175026.314.75$4,604
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003173026.595.97$4,600
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003180033.487.93$6,026
Jan 2003173030.315.58$5,244
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002179023.733.34$4,248
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 2002169022.003.10$3,718
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001180018.072.41$3,253
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001173024.873.05$4,303
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001166025.524.31$4,236
Apr 20010024.685.34$0
Mar 2001172024.545.38$4,221
Feb 2001172027.755.77$4,773
Jan 2001172027.478.40$4,725
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000170031.235.15$5,309
Sep 20000031.875.19$0
Aug 2000166029.644.54$4,920
Jul 2000167028.534.09$4,765
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000168027.622.73$4,640
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999172015.102.21$2,597
Mar 19990012.471.84$0
Feb 199916809.981.82$1,677
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998164010.892.19$1,786
Oct 1998174012.421.97$2,161
Sep 19980012.592.08$0
Aug 1998172011.301.91$1,944
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998132012.622.21$1,666
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997170018.193.09$3,092
Oct 1997178019.253.15$3,427
Sep 19970017.742.95$0
Aug 1997163017.862.55$2,911
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 1997165018.951.94$3,127
Feb 19970020.492.21$0
Jan 1997169023.483.54$3,968
Dec 19960023.32$0
Nov 1996168021.97$3,691
Oct 19960023.31$0
Sep 1996165022.22$3,666
Aug 19960020.26$0
Jul 1996173019.55$3,382
Jun 19960018.73$0
May 1996168019.43$3,264
Apr 1996179021.51$3,850
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996174017.07$2,970
Dec 19950017.19$0
Nov 19950016.00$0
Oct 1995175015.43$2,700
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995170015.24$2,591
Jun 19950016.41$0
May 1995173017.56$3,038
Apr 19950017.73$0
Mar 1995175016.44$2,877
Feb 19950016.58$0
Jan 19950015.92$0
Dec 1994168015.03$2,525
Nov 19940015.90$0
Oct 1994172015.58$2,680
Sep 19940115.29$0
Aug 1994155116.13$2,500
Jul 1994174117.56$3,055
Jun 19940117.09$0
May 1994177115.88$2,811
Apr 1994171114.14$2,418
Mar 19940112.46$0
Feb 19940112.50$0
Jan 1994171112.66$2,165
Dec 1993165112.33$2,034
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993346115.03$5,200
Aug 1993168115.66$2,631
Jul 1993170115.46$2,628
Jun 19930116.79$0
May 19930117.68$0
Apr 1993175118.05$3,159
Mar 19930118.14$0
Feb 1993169117.90$3,025
Jan 19930116.93$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.

Apr 2012 — as filed, then multipliedworked
Oil                  511 bbl  × $101.65 =    $51,943
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                  $51,943

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/O/23978 is the state's own key, not one this site invented.