MYRICK, R. B.

Operated by GUINN INVESTMENTS, INC. (P-5 337485) in the JIM BOB (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18871District 7BField 46385500OilCasinghead gasSaveExport
Value, all time
$119 k
Jan 1993 – Feb 1999
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
74
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1982-08-17
as the register files it
Field class
Oil
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
OilDisposition7,226 bbl$119,335
Casinghead gasProduction20 Mcf$0
Total$119,335

20 Mcf of this lease's gas, across 20 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 32.9859, -98.9527. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.98587, -98.95273 · 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
4,375 ft
1 wells filed one
Completion to plug
4.6 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 4,375 ft.

Completions filed
Aug 1999
1 of 1 wells
Plug dates filed
Mar 2004
1 of 1 wells

Last completion to plug: a median of 4.6 years across the 1 well that filed both dates, with the middle half between 4.6 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4473321014,375 ftAug 1999Mar 2004Yes

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 (74)

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

74 months

Feb 1999009.981.82$0
Jan 199939010.381.90$405
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 199856012.592.08$705
Aug 199882011.301.91$927
Jul 1998136011.742.24$1,597
Jun 19980011.242.24$0
May 1998102012.622.21$1,287
Apr 1998113013.042.51$1,474
Mar 1998159012.802.31$2,035
Feb 1998111013.952.30$1,548
Jan 19980014.702.15$0
Dec 1997136016.322.41$2,220
Nov 19970018.193.09$0
Oct 1997143019.253.15$2,753
Sep 19970017.742.95$0
Aug 199726017.862.55$464
Jul 199798017.582.25$1,723
Jun 1997126017.242.26$2,172
May 1997288018.972.31$5,463
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997143020.492.21$2,930
Jan 19970023.483.54$0
Dec 1996158023.32$3,685
Nov 19960021.97$0
Oct 199687023.31$2,028
Sep 1996125022.22$2,778
Aug 199681020.26$1,641
Jul 199693019.55$1,818
Jun 1996118018.73$2,210
May 1996180019.43$3,497
Apr 19960021.51$0
Mar 1996242019.38$4,690
Feb 19960016.98$0
Jan 19960017.07$0
Dec 199596017.19$1,650
Nov 199596016.00$1,536
Oct 199597015.43$1,497
Sep 199594016.18$1,521
Aug 1995139015.92$2,213
Jul 1995150015.24$2,286
Jun 1995113016.41$1,854
May 19950017.56$0
Apr 1995121017.73$2,145
Mar 1995160016.44$2,630
Feb 1995106016.58$1,757
Jan 1995140015.92$2,229
Dec 1994103015.03$1,548
Nov 1994129015.90$2,051
Oct 1994146015.58$2,275
Sep 1994121015.29$1,850
Aug 1994121116.13$1,952
Jul 1994165117.56$2,897
Jun 1994169117.09$2,888
May 1994152115.88$2,414
Apr 19940114.14$0
Mar 1994247112.46$3,078
Feb 19940112.50$0
Jan 1994174112.66$2,203
Dec 1993100112.33$1,233
Nov 1993118114.49$1,710
Oct 1993158115.85$2,504
Sep 1993351115.03$5,276
Aug 19930115.66$0
Jul 1993172115.46$2,659
Jun 19930116.79$0
May 1993101117.68$1,786
Apr 1993251118.05$4,531
Mar 19930118.14$0
Feb 1993140117.90$2,506
Jan 1993154116.93$2,607

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.

Jan 1999 — as filed, then multipliedworked
Oil                   39 bbl  × $ 10.38 =       $405
Casinghead gas         0 Mcf  × $  1.90 =         $0

────────────────────────────────────────────────────
Month total                                     $405

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. 7B/O/18871 is the state's own key, not one this site invented.