GUY OIL

Name: GUY OIL lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the PEERY (MARMATON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5111District 10Field 70247666OilCasinghead gasSave Export

Value, all time

$464 k

Jan 1993 – Aug 2005

Value, last 12 filed months

at the published price for each month

Months reported

152

no gaps in the span

Streams

oil, casinghead gas

The PEERY (MARMATON) field

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 26 leases and 45 wells, and the rule below applies to all of them.

Discovered

1959-10-07

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-12-01.

The Commission's schedule remark for this field reads: “ DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	15,492 bbl	$314,970
Casinghead gas	Production	72,257 Mcf	$148,649
Total			$463,619

30,498 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 36.3049, -100.5177. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.30485, -100.51773 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,045 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 9,045 ft.

Completions filed

Jun 2004

1 of 1 wells

1 well


42-29500238	2	9,045 ft	Jun 2004	—	Yes

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 (152)

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

152 months


Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	191	158	36.10	6.43	$7,912
May 2004	191	449	37.48	6.49	$10,075
Apr 2004	191	509	34.47	5.86	$9,566
Mar 2004	190	548	34.36	5.53	$9,559
Feb 2004	0	394	32.45	5.51	$2,171
Jan 2004	0	391	32.03	6.30	$2,463
Dec 2003	0	367	30.26	6.30	$2,313
Nov 2003	189	335	28.80	4.60	$6,983
Oct 2003	0	344	28.17	4.76	$1,637
Sep 2003	186	315	26.31	4.75	$6,390
Aug 2003	0	411	29.76	5.13	$2,108
Jul 2003	0	420	29.41	5.17	$2,172
Jun 2003	182	428	28.56	5.98	$7,759
May 2003	0	445	26.59	5.97	$2,658
Apr 2003	178	421	26.67	5.41	$7,024
Mar 2003	0	421	31.14	6.10	$2,566
Feb 2003	0	367	33.48	7.93	$2,909
Jan 2003	216	661	30.31	5.58	$10,237
Dec 2002	0	432	26.91	4.85	$2,097
Nov 2002	185	405	24.66	4.14	$6,238
Oct 2002	0	405	26.46	4.23	$1,713
Sep 2002	0	401	27.44	3.64	$1,458
Aug 2002	178	423	25.96	3.16	$5,959
Jul 2002	185	445	24.58	3.06	$5,910
Jun 2002	0	403	23.73	3.34	$1,345
May 2002	0	428	24.66	3.58	$1,534
Apr 2002	177	414	23.65	3.51	$5,640
Mar 2002	179	398	22.00	3.10	$5,173
Feb 2002	0	336	18.22	2.38	$798
Jan 2002	185	382	17.17	2.38	$4,084
Dec 2001	0	396	16.93	2.36	$936
Nov 2001	187	411	18.07	2.41	$4,368
Oct 2001	0	455	19.78	2.53	$1,151
Sep 2001	184	455	24.26	2.25	$5,488
Aug 2001	186	467	24.87	3.05	$6,052
Jul 2001	0	453	23.93	3.20	$1,448
Jun 2001	190	449	24.56	3.82	$6,383
May 2001	180	487	25.52	4.31	$6,691
Apr 2001	127	486	24.68	5.34	$5,727
Mar 2001	0	440	24.54	5.38	$2,366
Feb 2001	125	443	27.75	5.77	$6,024
Jan 2001	183	453	27.47	8.40	$8,832
Dec 2000	0	375	26.88	9.12	$3,421
Nov 2000	0	385	32.21	5.66	$2,178
Oct 2000	428	435	31.23	5.15	$15,605
Sep 2000	0	451	31.87	5.19	$2,339
Aug 2000	0	480	29.64	4.54	$2,180
Jul 2000	0	482	28.53	4.09	$1,971
Jun 2000	268	463	29.30	4.40	$9,888
May 2000	0	508	27.26	3.68	$1,869
Apr 2000	0	490	24.51	3.12	$1,527
Mar 2000	259	299	28.42	2.86	$8,216
Feb 2000	0	36	27.62	2.73	$98
Jan 2000	191	338	25.27	2.48	$5,665
Dec 1999	0	498	24.28	2.42	$1,207
Nov 1999	211	494	23.19	2.43	$6,095
Oct 1999	0	499	20.98	2.80	$1,399
Sep 1999	228	495	21.75	2.62	$6,255
Aug 1999	0	520	19.26	2.88	$1,495
Jul 1999	249	521	17.89	2.37	$5,691
Jun 1999	0	516	15.94	2.36	$1,219
May 1999	264	540	15.79	2.32	$5,422
Apr 1999	0	515	15.10	2.21	$1,137
Mar 1999	229	530	12.47	1.84	$3,830
Feb 1999	0	485	9.98	1.82	$882
Jan 1999	240	514	10.38	1.90	$3,468
Dec 1998	0	515	9.20	1.77	$913
Nov 1998	0	496	10.89	2.19	$1,084
Oct 1998	258	533	12.42	1.97	$4,254
Sep 1998	0	541	12.59	2.08	$1,127
Aug 1998	257	561	11.30	1.91	$3,974
Jul 1998	0	567	11.74	2.24	$1,269
Jun 1998	236	540	11.24	2.24	$3,861
May 1998	0	572	12.62	2.21	$1,262
Apr 1998	245	538	13.04	2.51	$4,543
Mar 1998	0	545	12.80	2.31	$1,259
Feb 1998	246	478	13.95	2.30	$4,531
Jan 1998	0	546	14.70	2.15	$1,177
Dec 1997	235	539	16.32	2.41	$5,135
Nov 1997	0	538	18.19	3.09	$1,661
Oct 1997	247	574	19.25	3.15	$6,563
Sep 1997	0	568	17.74	2.95	$1,678
Aug 1997	247	602	17.86	2.55	$5,949
Jul 1997	0	608	17.58	2.25	$1,366
Jun 1997	248	598	17.24	2.26	$5,625
May 1997	246	641	18.97	2.31	$6,146
Apr 1997	0	517	17.88	2.08	$1,077
Mar 1997	0	545	18.95	1.94	$1,057
Feb 1997	0	525	20.49	2.21	$1,158
Jan 1997	215	552	23.48	3.54	$7,002
Dec 1996	0	554	23.32	—	$0
Nov 1996	242	546	21.97	—	$5,317
Oct 1996	0	591	23.31	—	$0
Sep 1996	247	549	22.22	—	$5,488
Aug 1996	0	623	20.26	—	$0
Jul 1996	268	628	19.55	—	$5,239
Jun 1996	0	605	18.73	—	$0
May 1996	0	615	19.43	—	$0
Apr 1996	220	581	21.51	—	$4,732
Mar 1996	0	593	19.38	—	$0
Feb 1996	223	558	16.98	—	$3,787
Jan 1996	0	603	17.07	—	$0
Dec 1995	237	605	17.19	—	$4,074
Nov 1995	0	584	16.00	—	$0
Oct 1995	207	576	15.43	—	$3,194
Sep 1995	218	620	16.18	—	$3,527
Aug 1995	0	671	15.92	—	$0
Jul 1995	208	679	15.24	—	$3,170
Jun 1995	0	630	16.41	—	$0
May 1995	206	648	17.56	—	$3,617
Apr 1995	214	618	17.73	—	$3,794
Mar 1995	0	640	16.44	—	$0
Feb 1995	230	578	16.58	—	$3,813
Jan 1995	0	682	15.92	—	$0
Dec 1994	209	629	15.03	—	$3,141
Nov 1994	229	612	15.90	—	$3,641
Oct 1994	0	691	15.58	—	$0
Sep 1994	216	687	15.29	—	$3,303
Aug 1994	0	736	16.13	—	$0
Jul 1994	146	714	17.56	—	$2,564
Jun 1994	193	708	17.09	—	$3,298
May 1994	208	647	15.88	—	$3,303
Apr 1994	0	635	14.14	—	$0
Mar 1994	228	650	12.46	—	$2,841
Feb 1994	0	542	12.50	—	$0
Jan 1994	244	600	12.66	—	$3,089
Dec 1993	0	626	12.33	—	$0
Nov 1993	226	608	14.49	—	$3,275
Oct 1993	200	674	15.85	—	$3,170
Sep 1993	0	692	15.03	—	$0
Aug 1993	219	703	15.66	—	$3,430
Jul 1993	0	727	15.46	—	$0
Jun 1993	184	720	16.79	—	$3,089
May 1993	231	734	17.68	—	$4,084
Apr 1993	145	628	18.05	—	$2,617
Mar 1993	0	691	18.14	—	$0
Feb 1993	226	605	17.90	—	$4,045
Jan 1993	256	662	16.93	—	$4,334

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.

Jun 2004 — as filed, then multipliedworked

Oil                  191 bbl  × $ 36.10 =     $6,895
Casinghead gas       158 Mcf  × $  6.43 =     $1,016

────────────────────────────────────────────────────
Month total                                   $7,912

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/O/5111 is the state's own key, not one this site invented.