GUTHRIE

Operated by KING OPERATING CORPORATION (P-5 465296) in the HANSFORD (MORROW, MIDDLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 87998District 10Field 38797620NGPA filingCondensateGasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
401
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 68 leases and 68 wells, and the rule below applies to all of them.

Discovered
1954-08-07
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1959-01-01.

The Commission's schedule remark for this field reads: SURVEY

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition252 bbl$5,417
GasProduction407,362 Mcf$1,310,802
Total$1,316,219

110,188 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 36.2240, -101.2229. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.22405, -101.22293 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,850 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
00.0%
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.
1100.0%

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 7,850 ft.

Completions filed
May 1980
1 of 1 wells

1 well

42-1953072917,850 ftMay 1980

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 20260215106.413.05$655
Apr 2026018498.932.87$528
Mar 2026025089.753.15$787
Feb 2026019763.503.75$739
Jan 2026023659.138.00$1,888
Dec 2025024156.664.41$1,064
Nov 2025022858.593.93$895
Oct 2025018759.383.30$618
Sep 2025025062.743.08$769
Aug 2025025763.933.01$775
Jul 2025026066.743.32$862
Jun 2025027166.483.13$848
May 2025027460.553.23$886
Apr 2025030062.363.54$1,063
Mar 2025032067.704.27$1,366
Feb 2025028070.884.34$1,215
Jan 2025030674.324.28$1,309
Dec 2024030568.993.12$952
Nov 2024024869.052.20$545
Oct 2024031671.372.28$721
Sep 2024014869.612.36$350
Aug 2024022675.632.06$466
Jul 2024018479.932.15$395
Jun 2024022278.082.63$585
May 2024026878.812.20$589
Apr 2024028284.451.66$468
Mar 2024037880.301.55$584
Feb 2024024076.091.78$428
Jan 2024018573.023.30$610
Dec 2023025171.262.61$655
Nov 2023026077.892.81$730
Oct 2023021685.443.09$667
Sep 202309989.042.74$271
Aug 2023017080.522.67$454
Jul 202305074.852.64$132
Jun 2023018568.962.26$418
May 2023023470.622.23$521
Apr 2023030778.122.24$687
Mar 2023021772.852.39$519
Feb 2023019575.112.47$481
Jan 2023022476.533.39$759
Dec 2022028576.415.73$1,633
Nov 2022030585.005.65$1,722
Oct 2022032187.185.86$1,882
Sep 2022051184.888.16$4,172
Aug 2022067494.529.13$6,152
Jul 20220447101.587.54$3,371
Jun 20220188115.097.98$1,500
May 20220246109.378.43$2,075
Apr 20220177104.226.84$1,210
Mar 20220187108.885.08$949
Feb 2022016091.054.86$777
Jan 2022014781.844.54$667
Dec 2021015571.323.90$604
Nov 202108277.435.24$429
Oct 2021031979.795.71$1,823
Sep 2021029369.865.35$1,568
Aug 2021034366.024.22$1,448
Jul 2021032770.783.98$1,302
Jun 2021028669.493.38$967
May 2021037563.483.02$1,132
Apr 2021032860.362.76$905
Mar 2021038961.302.72$1,057
Feb 2021035357.805.55$1,958
Jan 2021031150.412.81$874
Dec 2020029944.642.68$800
Nov 2020037438.772.71$1,012
Oct 2020036936.972.48$915
Sep 2020041937.091.99$834
Aug 2020045139.982.39$1,076
Jul 2020040338.371.83$736
Jun 2020040034.901.69$676
May 2020045116.921.81$818
Apr 2020022214.751.80$401
Mar 2020040730.341.86$755
Feb 202003849.881.98$75
Jan 2020016057.252.09$335
Dec 2019021459.012.30$493
Nov 2019041555.302.75$1,142
Oct 2019041053.472.42$992
Sep 2019064555.052.66$1,714
Aug 2019045053.112.30$1,037
Jul 2019028956.272.46$711
Jun 2019014952.782.49$371
May 2019036958.482.74$1,011
Apr 2019024562.632.75$674
Mar 2019038756.803.06$1,185
Feb 2019013050.852.79$363
Jan 2019013446.033.23$433
Dec 2018041946.594.19$1,754
Nov 201808252.934.24$347
Oct 201807161.443.40$241
Sep 2018016459.543.11$510
Aug 2018033459.403.07$1,024
Jul 2018038565.142.93$1,129
Jun 2018038160.183.08$1,172
May 2018037765.382.90$1,094
Apr 2018038563.842.90$1,117
Mar 2018042361.222.79$1,179
Feb 2018036361.782.77$1,004
Jan 2018039062.874.01$1,564
Dec 2017048957.272.92$1,429
Nov 2017037555.423.12$1,169
Oct 2017044749.292.98$1,334
Sep 2017046147.523.09$1,423
Aug 2017047645.373.00$1,430
Jul 2017049943.873.09$1,541
Jun 2017032842.493.09$1,013
May 2017043045.373.26$1,403
Apr 2017041147.933.21$1,320
Mar 2017020846.772.98$621
Feb 201703450.452.95$100
Jan 2017010649.413.42$362
Dec 2016023548.763.72$875
Nov 2016068542.492.64$1,811
Oct 2016068846.193.09$2,126
Sep 2016064641.553.10$2,003
Aug 2016069641.442.92$2,035
Jul 2016073641.622.92$2,152
Jun 2016064045.352.69$1,719
May 2016052342.521.99$1,041
Apr 2016044536.561.99$886
Mar 2016063833.011.79$1,145
Feb 2016065026.472.06$1,341
Jan 2016054327.352.36$1,284
Dec 2015041732.362.00$835
Nov 2015054138.792.17$1,173
Oct 2015057843.552.43$1,403
Sep 2015060142.992.76$1,658
Aug 2015035540.162.87$1,020
Jul 2015069248.152.95$2,038
Jun 2015060956.152.88$1,756
May 2015064355.212.96$1,900
Apr 2015070149.822.71$1,897
Mar 2015069342.892.93$2,034
Feb 2015046344.662.98$1,378
Jan 2015062443.433.10$1,935
Dec 2014075054.693.59$2,694
Nov 2014075470.464.25$3,206
Oct 2014038478.303.90$1,498
Sep 2014036986.164.05$1,493
Aug 2014045089.394.04$1,816
Jul 2014053896.564.18$2,249
Jun 2014063598.164.74$3,008
May 2014054594.734.73$2,576
Apr 2014058395.944.81$2,804
Mar 2014065695.895.06$3,317
Feb 2014060797.406.19$3,759
Jan 2014084090.404.86$4,083
Dec 2013066991.824.35$2,913
Nov 2013073388.853.74$2,740
Oct 2013074597.423.78$2,816
Sep 20130725104.113.72$2,695
Aug 20130683104.253.52$2,406
Jul 20130677102.523.72$2,517
Jun 2013068194.403.93$2,679
May 2013072894.834.15$3,021
Apr 2013071893.964.28$3,075
Mar 2013076093.623.91$2,974
Feb 2013064591.233.42$2,206
Jan 2013077291.603.42$2,640
Dec 2012090686.773.42$3,099
Nov 2012054386.953.62$1,968
Oct 2012077889.383.40$2,645
Sep 2012074694.672.92$2,177
Aug 2012076892.662.91$2,233
Jul 2012080285.133.02$2,423
Jun 2012071479.822.52$1,799
May 2012088491.612.49$2,200
Apr 20120420101.652.00$839
Mar 20120591105.052.22$1,313
Feb 201214743101.102.57$3,325
Jan 2012077498.092.73$2,116
Dec 2011028596.873.24$923
Nov 2011080395.723.31$2,659
Oct 2011084884.983.65$3,094
Sep 2011095583.623.99$3,806
Aug 2011096783.404.15$4,012
Jul 2011044594.144.52$2,010
Jun 2011071392.904.64$3,308
May 2011079698.134.40$3,506
Apr 20110424105.964.33$1,837
Mar 2011086196.364.06$3,493
Feb 2011062985.644.18$2,629
Jan 2011069986.504.59$3,208
Dec 2010098685.734.35$4,287
Nov 2010066680.843.80$2,528
Oct 2010082078.103.51$2,877
Sep 2010089472.633.98$3,558
Aug 2010098573.684.42$4,353
Jul 2010071972.554.74$3,406
Jun 2010078670.364.91$3,860
May 2010090271.124.24$3,820
Apr 2010087481.694.12$3,603
Mar 2010077578.394.39$3,401
Feb 2010049973.585.44$2,716
Jan 2010081074.365.96$4,831
Dec 2009078171.445.48$4,283
Nov 2009063174.593.75$2,367
Oct 2009092672.544.11$3,806
Sep 2009081665.543.06$2,501
Aug 2009089167.423.22$2,868
Jul 2009093461.133.46$3,236
Jun 2009074666.163.90$2,906
May 2009089354.743.93$3,506
Apr 2009075546.773.59$2,709
Mar 2009074842.144.06$3,036
Feb 2009084432.814.63$3,910
Jan 2009057035.865.37$3,061
Dec 2008057837.105.98$3,455
Nov 2008084055.496.86$5,763
Oct 2008078075.246.92$5,399
Sep 20080508101.767.88$4,002
Aug 20080876114.228.48$7,431
Jul 20080961131.0811.39$10,945
Jun 20080940131.3313.03$12,251
May 20080921123.1711.57$10,660
Apr 200801,205110.3110.45$12,598
Mar 200801,475101.909.66$14,255
Feb 2008043692.538.77$3,824
Jan 2008058590.388.21$4,800
Dec 2007057288.337.30$4,177
Nov 2007060191.677.29$4,382
Oct 2007089982.856.92$6,223
Sep 200701,00675.846.24$6,282
Aug 2007096569.066.39$6,164
Jul 200701,04370.906.39$6,663
Jun 2007093162.007.55$7,028
May 200701,17958.747.85$9,251
Apr 2007090859.617.81$7,087
Mar 2007081856.927.30$5,973
Feb 2007082255.108.22$6,754
Jan 2007063350.306.73$4,258
Dec 200601,00656.656.92$6,960
Nov 200601,05554.207.62$8,036
Oct 2006091454.906.01$5,497
Sep 2006098460.085.04$4,957
Aug 200601,15368.717.34$8,463
Jul 200601,22769.376.34$7,783
Jun 200601,07866.286.38$6,882
May 200601,08066.016.42$6,939
Apr 200601,18364.397.36$8,707
Mar 200601,03756.707.08$7,345
Feb 200601,15257.597.75$8,929
Jan 200601,16060.598.93$10,363
Dec 2005089754.9413.42$12,034
Nov 200501,17754.6910.59$12,463
Oct 200501,22958.3413.80$16,955
Sep 200501,36561.4512.08$16,488
Aug 200501,33861.519.80$13,108
Jul 200501,48355.697.84$11,632
Jun 200501,38552.337.38$10,223
May 200501,33145.226.65$8,853
Apr 200501,30449.207.36$9,598
Mar 2005096450.377.15$6,897
Feb 200501,19245.226.31$7,524
Jan 200501,40043.166.32$8,851
Dec 200401,29739.866.75$8,756
Nov 200401,15845.286.33$7,331
Oct 200401,53349.706.52$9,988
Sep 200401,40043.245.28$7,397
Aug 200401,47142.375.55$8,165
Jul 200401,32138.286.08$8,037
Jun 200401,62336.106.43$10,441
May 200401,55537.486.49$10,099
Apr 200401,52234.475.86$8,917
Mar 200401,47434.365.53$8,151
Feb 200401,51132.455.51$8,325
Jan 200401,49632.036.30$9,424
Dec 200301,53630.266.30$9,679
Nov 200301,78728.804.60$8,212
Oct 200302,14228.174.76$10,195
Sep 200301,11326.314.75$5,286
Aug 2003089529.765.13$4,591
Jul 200301,14329.415.17$5,910
Jun 2003086928.565.98$5,199
May 200301,51426.595.97$9,043
Apr 200301,54726.675.41$8,365
Mar 200301,42031.146.10$8,656
Feb 200301,20833.487.93$9,574
Jan 200301,20130.315.58$6,704
Dec 200201,47426.914.85$7,154
Nov 200201,43024.664.14$5,916
Oct 200201,65226.464.23$6,987
Sep 200201,70827.443.64$6,209
Aug 200201,75225.963.16$5,544
Jul 200201,71024.583.06$5,236
Jun 200201,70423.733.34$5,688
May 200201,73324.663.58$6,211
Apr 200201,66223.653.51$5,837
Mar 2002181,41122.003.10$4,774
Feb 200201,59718.222.38$3,794
Jan 200201,81717.172.38$4,317
Dec 200101,10716.932.36$2,617
Nov 200101,65218.072.41$3,974
Oct 200101,83119.782.53$4,630
Sep 200101,90524.262.25$4,289
Aug 200101,76824.873.05$5,398
Jul 200101,72523.933.20$5,515
Jun 200101,71624.563.82$6,562
May 200101,55725.524.31$6,707
Apr 200101,55524.685.34$8,296
Mar 200101,49324.545.38$8,027
Feb 200101,58227.755.77$9,124
Jan 200101,62627.478.40$13,656
Dec 200001,22126.889.12$11,139
Nov 200001,47432.215.66$8,340
Oct 200001,49031.235.15$7,667
Sep 200001,68331.875.19$8,729
Aug 200001,72629.644.54$7,837
Jul 200001,38328.534.09$5,656
Jun 200001,29329.304.40$5,686
May 200001,76027.263.68$6,476
Apr 200001,60424.513.12$4,998
Mar 200001,80128.422.86$5,150
Feb 200001,16227.622.73$3,168
Jan 200001,16125.272.48$2,880
Dec 1999080324.282.42$1,946
Nov 199901,57423.192.43$3,831
Oct 199901,46820.982.80$4,116
Sep 199901,64621.752.62$4,311
Aug 199901,79719.262.88$5,167
Jul 199901,47417.892.37$3,497
Jun 199901,59315.942.36$3,763
May 1999531,91715.792.32$5,286
Apr 199902,12115.102.21$4,683
Mar 199901,39112.471.84$2,557
Feb 199941,3489.981.82$2,490
Jan 199901,46710.381.90$2,787
Dec 199801,4199.201.77$2,516
Nov 199801,63910.892.19$3,582
Oct 199801,52512.421.97$3,003
Sep 199801,66912.592.08$3,476
Aug 199801,61811.301.91$3,086
Jul 199801,63511.742.24$3,658
Jun 199801,64211.242.24$3,674
May 199801,81212.622.21$3,998
Apr 199801,60913.042.51$4,031
Mar 199801,50912.802.31$3,485
Feb 199801,69613.952.30$3,899
Jan 199861,33014.702.15$2,954
Dec 199701,44816.322.41$3,491
Nov 199701,27118.193.09$3,925
Oct 199701,33219.253.15$4,196
Sep 199701,62717.742.95$4,808
Aug 199701,81817.862.55$4,645
Jul 199701,49617.582.25$3,361
Jun 199701,54617.242.26$3,490
May 199702,57718.972.31$5,949
Apr 199702,17817.882.08$4,536
Mar 199702,13418.951.94$4,138
Feb 199702,03520.492.21$4,489
Jan 199701,99623.483.54$7,065
Dec 199602,05423.32$0
Nov 199601,62321.97$0
Oct 199602,00623.31$0
Sep 199601,87622.22$0
Aug 199602,72620.26$0
Jul 199603,05319.55$0
Jun 199602,22318.73$0
May 199602,91219.43$0
Apr 199603,16021.51$0
Mar 199622,07519.38$39
Feb 1996562,17716.98$951
Jan 199602,17317.07$0
Dec 199502,53917.19$0
Nov 199502,74116.00$0
Oct 199502,48515.43$0
Sep 199502,73016.18$0
Aug 1995182,20515.92$287
Jul 199523,51215.24$30
Jun 199502,67616.41$0
May 199503,13517.56$0
Apr 199503,25517.73$0
Mar 199501,83916.44$0
Feb 199501,18916.58$0
Jan 199503,13515.92$0
Dec 199403,67915.03$0
Nov 199401,32715.90$0
Oct 199401,18615.58$0
Sep 199411,63115.29$15
Aug 199401,17116.13$0
Jul 199402,50517.56$0
Jun 199401,63117.09$0
May 199401,77215.88$0
Apr 199401,50814.14$0
Mar 1994172,18612.46$212
Feb 199401,98312.50$0
Jan 199401,90812.66$0
Dec 199302,43212.33$0
Nov 199301,61414.49$0
Oct 199302,19115.85$0
Sep 199302,34615.03$0
Aug 199301,53315.66$0
Jul 199302,27215.46$0
Jun 199302,04916.79$0
May 199302,78417.68$0
Apr 199302,80918.05$0
Mar 1993613,17918.14$1,107
Feb 199302,73317.90$0
Jan 199302,26016.93$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  215 Mcf  × $  3.05 =       $655

────────────────────────────────────────────────────
Month total                                     $655

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. 10/G/87998 is the state's own key, not one this site invented.