MCGUIRE "D"

Operated by CWOC (P-5 195818) in the SHARON RIDGE (1700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 64758District 8AField 82710498Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$229 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 403 leases and 3,269 wells, and the rule below applies to all of them.

Discovered
1923-12-29
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
165 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2014-02-18.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: REQUIRED.

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
OilDisposition12,960 bbl$228,580
Casinghead gasProduction20 Mcf$0
Total$228,580

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.

Every month this lease reported (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
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 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 200025026.889.12$672
Nov 2000171032.215.66$5,508
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000107028.534.09$3,053
Jun 20000029.304.40$0
May 2000119027.263.68$3,244
Apr 20000024.513.12$0
Mar 2000109028.422.86$3,098
Feb 20000027.622.73$0
Jan 200060025.272.48$1,516
Dec 199985024.282.42$2,064
Nov 1999119023.192.43$2,760
Oct 19990020.982.80$0
Sep 199978021.752.62$1,697
Aug 199957019.262.88$1,098
Jul 199961017.892.37$1,091
Jun 199978015.942.36$1,243
May 199968015.792.32$1,074
Apr 1999122015.102.21$1,842
Mar 1999172012.471.84$2,145
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199810909.201.77$1,003
Nov 1998168010.892.19$1,830
Oct 1998163012.421.97$2,024
Sep 1998159012.592.08$2,002
Aug 1998163011.301.91$1,842
Jul 1998163011.742.24$1,914
Jun 1998159011.242.24$1,787
May 1998158012.622.21$1,994
Apr 1998337013.042.51$4,394
Mar 19980012.802.31$0
Feb 1998172013.952.30$2,399
Jan 1998177014.702.15$2,602
Dec 1997155016.322.41$2,530
Nov 1997164018.193.09$2,983
Oct 1997175019.253.15$3,369
Sep 1997281017.742.95$4,985
Aug 1997171017.862.55$3,054
Jul 1997160017.582.25$2,813
Jun 1997160017.242.26$2,758
May 1997334018.972.31$6,336
Apr 1997170017.882.08$3,040
Mar 1997482018.951.94$9,134
Feb 19970020.492.21$0
Jan 1997344023.483.54$8,077
Dec 1996335023.32$7,812
Nov 1996167021.97$3,669
Oct 1996343023.31$7,995
Sep 199688022.22$1,955
Aug 1996174020.26$3,525
Jul 1996167019.55$3,265
Jun 1996141018.73$2,641
May 1996147019.43$2,856
Apr 1996343021.51$7,378
Mar 1996176019.38$3,411
Feb 19960016.98$0
Jan 1996157017.07$2,680
Dec 1995175017.19$3,008
Nov 1995175016.00$2,800
Oct 1995176015.43$2,716
Sep 1995172016.18$2,783
Aug 1995179015.92$2,850
Jul 1995268015.24$4,084
Jun 1995175016.41$2,872
May 1995179017.56$3,143
Apr 1995164017.73$2,908
Mar 1995170016.44$2,795
Feb 1995165016.58$2,736
Jan 1995156015.92$2,484
Dec 1994242015.03$3,637
Nov 199445015.90$716
Oct 1994218015.58$3,396
Sep 19940015.29$0
Aug 1994145116.13$2,339
Jul 1994134117.56$2,353
Jun 1994160117.09$2,734
May 1994164115.88$2,604
Apr 19940114.14$0
Mar 199498112.46$1,221
Feb 1994122112.50$1,525
Jan 1994152112.66$1,924
Dec 19930112.33$0
Nov 1993111114.49$1,608
Oct 199395115.85$1,506
Sep 199397115.03$1,458
Aug 1993106115.66$1,660
Jul 199379115.46$1,221
Jun 1993103116.79$1,729
May 1993107117.68$1,892
Apr 1993118118.05$2,130
Mar 1993121118.14$2,195
Feb 199376117.90$1,360
Jan 1993120116.93$2,032

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.

Dec 2000 — as filed, then multipliedworked
Oil                   25 bbl  × $ 26.88 =       $672
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                     $672

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. 8A/O/64758 is the state's own key, not one this site invented.