GUGGISBERG

Operated by CHANCE OIL CO., INC. (P-5 144170) in the CANNAN LAND (CISCO REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27511District 09Field 15354200OilCasinghead gasSaveExport
Value, all time
$430 k
Jan 1993 – Mar 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
123
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1989-09-01
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1995-07-19.

The Commission's schedule remark for this field reads: AS SHOWN ON THE LOG SECTION OF THE GUGGISBERG #6 WELL.

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
OilDisposition26,062 bbl$430,083
Casinghead gasProduction58 Mcf$68
Total$430,151

29 Mcf of this lease's gas, across 29 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 34.0231, -99.3577. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

34.02306, -99.35774 · 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
0.0%
0 of 1 wells
Median depth
2,653 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
1100.0%
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.
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 2,653 ft.

Completions filed
Jan 2003
1 of 1 wells

1 well

42-4873210062,653 ftJan 2003Yes

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 (123)

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

123 months

Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
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 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200127025.524.31$689
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000367032.215.66$11,821
Oct 2000161031.235.15$5,028
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20008125.272.48$205
Dec 19990124.282.42$2
Nov 19990123.192.43$2
Oct 19990120.982.80$3
Sep 19990121.752.62$3
Aug 19990119.262.88$3
Jul 19990017.892.37$0
Jun 1999110015.942.36$1,753
May 19990115.792.32$2
Apr 19990115.102.21$2
Mar 1999112112.471.84$1,398
Feb 1999019.981.82$2
Jan 1999144110.381.90$1,497
Dec 1998019.201.77$2
Nov 1998142110.892.19$1,549
Oct 19980112.421.97$2
Sep 1998315112.592.08$3,968
Aug 1998161111.301.91$1,821
Jul 19980111.742.24$2
Jun 1998135111.242.24$1,520
May 1998244112.622.21$3,081
Apr 1998270113.042.51$3,523
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 1998134114.702.15$1,972
Dec 19970116.322.41$2
Nov 1997149118.193.09$2,713
Oct 1997240119.253.15$4,623
Sep 19970117.742.95$3
Aug 1997111117.862.55$1,985
Jul 1997106117.582.25$1,866
Jun 199715017.242.26$259
May 199745018.972.31$854
Apr 199743017.882.08$769
Mar 199779018.951.94$1,497
Feb 199755020.492.21$1,127
Jan 199719023.483.54$446
Dec 1996110023.32$2,565
Nov 1996120021.97$2,636
Oct 1996110023.31$2,564
Sep 1996185022.22$4,111
Aug 1996120020.26$2,431
Jul 1996204019.55$3,988
Jun 1996251018.73$4,701
May 1996231019.43$4,488
Apr 1996578021.51$12,433
Mar 1996189019.38$3,663
Feb 1996422016.98$7,166
Jan 1996264017.07$4,506
Dec 1995440017.19$7,564
Nov 1995460016.00$7,360
Oct 1995450015.43$6,944
Sep 1995945116.18$15,290
Aug 1995300115.92$4,776
Jul 1995960115.24$14,630
Jun 1995650116.41$10,667
May 1995680117.56$11,941
Apr 1995580117.73$10,283
Mar 1995650116.44$10,686
Feb 1995660016.58$10,943
Jan 1995660015.92$10,507
Dec 1994660015.03$9,920
Nov 1994660015.90$10,494
Oct 1994627115.58$9,769
Sep 1994628115.29$9,602
Aug 1994680116.13$10,968
Jul 1994518117.56$9,096
Jun 1994650117.09$11,109
May 1994650115.88$10,322
Apr 1994446114.14$6,306
Mar 1994470112.46$5,856
Feb 1994453112.50$5,663
Jan 1994524112.66$6,634
Dec 1993448112.33$5,524
Nov 1993492114.49$7,129
Oct 1993508115.85$8,052
Sep 1993523115.03$7,861
Aug 1993552115.66$8,644
Jul 1993586115.46$9,060
Jun 1993532116.79$8,932
May 1993493117.68$8,716
Apr 1993473118.05$8,538
Mar 1993469118.14$8,508
Feb 1993306117.90$5,477
Jan 1993303116.93$5,130

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 2001 — as filed, then multipliedworked
Oil                   27 bbl  × $ 25.52 =       $689
Casinghead gas         0 Mcf  × $  4.31 =         $0

────────────────────────────────────────────────────
Month total                                     $689

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/27511 is the state's own key, not one this site invented.