GUY, W. B.

Operated by T-N-T ENGINEERING, INC. (P-5 834092) in the SANFORD, NORTH (FRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3897District 7CField 80730500OilCasinghead gasSaveExport
Value, all time
$592 k
Jan 1993 – Aug 2012
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
236
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 3 leases and 5 wells, and the rule below applies to all of them.

Discovered
1962-06-03
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
OilDisposition19,012 bbl$591,988
Casinghead gasProduction2,719 Mcf$0
Total$591,988

2,719 Mcf of this lease's gas, across 15 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 32.0726, -100.0959. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.07261, -100.09592 · 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
4,675 ft
2 wells filed one
Completion to plug
15.2 years
median over 1 well

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 4,628 and 4,721 ft, median 4,675 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1997
1 of 2 wells; 1 filed none
Plug dates filed
Nov 1973 – May 2012
2 of 2 wells

Last completion to plug: a median of 15.2 years across the 1 well that filed both dates, with the middle half between 15.2 years and 15.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3990185714,721 ftNov 1973Yes
42-3990185824,628 ftMar 1997May 2012Yes

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 (236)

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

236 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201247091.612.49$4,306
Apr 201200101.652.00$0
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 2010161073.684.42$11,862
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010170078.394.39$13,326
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009174072.544.11$12,622
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009179066.163.90$11,843
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009173042.144.06$7,290
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008178037.105.98$6,604
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081640101.767.88$16,689
Aug 200800114.228.48$0
Jul 20081720131.0811.39$22,546
Jun 20081780131.3313.03$23,377
May 20081670123.1711.57$20,569
Apr 200830110.3110.45$331
Mar 200800101.909.66$0
Feb 2008173092.538.77$16,008
Jan 20080090.388.21$0
Dec 20071088.337.30$88
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007172069.066.39$11,878
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20071058.747.85$59
Apr 20070059.617.81$0
Mar 2007170056.927.30$9,676
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006177054.207.62$9,593
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006178069.376.34$12,348
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006173064.397.36$11,139
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005176054.9413.42$9,669
Nov 20050054.6910.59$0
Oct 2005173058.3413.80$10,093
Sep 20052061.4512.08$123
Aug 20050061.519.80$0
Jul 2005169055.697.84$9,412
Jun 20051052.337.38$52
May 2005179045.226.65$8,094
Apr 20050049.207.36$0
Mar 2005179050.377.15$9,016
Feb 20050045.226.31$0
Jan 2005178043.166.32$7,682
Dec 20040039.866.75$0
Nov 2004185045.286.33$8,377
Oct 20041049.706.52$50
Sep 20042043.245.28$86
Aug 20040042.375.55$0
Jul 2004172038.286.08$6,584
Jun 2004168036.106.43$6,065
May 20040037.486.49$0
Apr 2004170034.475.86$5,860
Mar 20040034.365.53$0
Feb 2004180032.455.51$5,841
Jan 20040032.036.30$0
Dec 2003181030.266.30$5,477
Nov 20030028.804.60$0
Oct 2003173028.174.76$4,873
Sep 2003163026.314.75$4,289
Aug 20030029.765.13$0
Jul 2003176029.415.17$5,176
Jun 20030028.565.98$0
May 2003175026.595.97$4,653
Apr 2003173026.675.41$4,614
Mar 20030031.146.10$0
Feb 2003181033.487.93$6,060
Jan 20030030.315.58$0
Dec 2002164026.914.85$4,413
Nov 2002176024.664.14$4,340
Oct 20020026.464.23$0
Sep 2002179027.443.64$4,912
Aug 20020025.963.16$0
Jul 2002175024.583.06$4,302
Jun 20020023.733.34$0
May 2002174024.663.58$4,291
Apr 2002172023.653.51$4,068
Mar 2002172022.003.10$3,784
Feb 20021018.222.38$18
Jan 2002174017.172.38$2,988
Dec 2001176016.932.36$2,980
Nov 20010018.072.41$0
Oct 2001168019.782.53$3,323
Sep 2001171024.262.25$4,148
Aug 20010024.873.05$0
Jul 2001174023.933.20$4,164
Jun 20010024.563.82$0
May 2001175025.524.31$4,466
Apr 2001178024.685.34$4,393
Mar 20010024.545.38$0
Feb 2001168027.755.77$4,662
Jan 2001176027.478.40$4,835
Dec 2000176026.889.12$4,731
Nov 20000032.215.66$0
Oct 2000174031.235.15$5,434
Sep 2000175031.875.19$5,577
Aug 2000180029.644.54$5,335
Jul 2000175028.534.09$4,993
Jun 20000029.304.40$0
May 2000163027.263.68$4,443
Apr 2000155024.513.12$3,799
Mar 2000176028.422.86$5,002
Feb 2000180027.622.73$4,972
Jan 2000188025.272.48$4,751
Dec 1999178024.282.42$4,322
Nov 1999358023.192.43$8,302
Oct 1999172020.982.80$3,609
Sep 1999341021.752.62$7,417
Aug 1999174019.262.88$3,351
Jul 1999181017.892.37$3,238
Jun 1999313015.942.36$4,989
May 1999353015.792.32$5,574
Apr 1999175015.102.21$2,643
Mar 1999343012.471.84$4,277
Feb 199936409.981.82$3,633
Jan 1999181010.381.90$1,879
Dec 199835809.201.77$3,294
Nov 1998178010.892.19$1,938
Oct 1998355012.421.97$4,409
Sep 19980012.592.08$0
Aug 1998354011.301.91$4,000
Jul 1998164011.742.24$1,925
Jun 1998175011.242.24$1,967
May 1998170012.622.21$2,145
Apr 1998174013.042.51$2,269
Mar 19980012.802.31$0
Feb 1998177013.952.30$2,469
Jan 1998173014.702.15$2,543
Dec 1997350016.322.41$5,712
Nov 1997183018.193.09$3,329
Oct 1997165019.253.15$3,176
Sep 1997174017.742.95$3,087
Aug 1997176017.862.55$3,143
Jul 1997158017.582.25$2,778
Jun 1997178017.242.26$3,069
May 1997166018.972.31$3,149
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 1994160015.88$2,541
Apr 19940014.14$0
Mar 199406312.46$0
Feb 19941789512.50$2,225
Jan 1994112612.66$13
Dec 1993024512.33$0
Nov 199317825014.49$2,579
Oct 199317522115.85$2,774
Sep 199316818515.03$2,525
Aug 1993015215.66$0
Jul 199317714215.46$2,736
Jun 1993020816.79$0
May 199317726117.68$3,129
Apr 199317624418.05$3,177
Mar 19931789518.14$3,229
Feb 1993023317.90$0
Jan 1993019916.93$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 2012 — as filed, then multipliedworked
Oil                   47 bbl  × $ 91.61 =     $4,306
Casinghead gas         0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                   $4,306

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. 7C/O/3897 is the state's own key, not one this site invented.