GUTHRIE "466"

Operated by WESTERN RESERVES OIL COMPANY INC (P-5 912220) in the GALEY (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68436District 8AField 33773475OilCasinghead gasSaveExport
Value, all time
$1.5 M
Apr 2002 – Nov 2007
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
68
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 4 wells, and the rule below applies to all of them.

Discovered
2002-04-04
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2005-07-11.

The Commission's schedule remark for this field reads: FIELD RULES TEMPORARY UNTIL 4-1-05.

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
OilDisposition48,195 bbl$1,452,963
Casinghead gasProduction5,298 Mcf$36,594
Total$1,489,557

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 32.8704, -101.2351. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.87036, -101.23508 · 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
6,312 ft
1 wells filed one
Completion to plug
5.4 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 6,312 ft.

Completions filed
Apr 2002
1 of 1 wells
Plug dates filed
Sep 2007
1 of 1 wells

Last completion to plug: a median of 5.4 years across the 1 well that filed both dates, with the middle half between 5.4 years and 5.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0333180716,312 ftApr 2002Sep 2007Yes

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 (68)

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

68 months

Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20071439075.846.24$11,407
Aug 200709369.066.39$594
Jul 200709370.906.39$594
Jun 200709062.007.55$679
May 200709358.747.85$730
Apr 200709059.617.81$702
Mar 200709356.927.30$679
Feb 200708755.108.22$715
Jan 20071719350.306.73$9,227
Dec 20061729356.656.92$10,387
Nov 200609054.207.62$686
Oct 20061729054.906.01$9,984
Sep 20060060.085.04$0
Aug 20063439068.717.34$24,228
Jul 200609369.376.34$590
Jun 200609066.286.38$575
May 200609366.016.42$598
Apr 20061699064.397.36$11,544
Mar 20061779356.707.08$10,695
Feb 200608757.597.75$674
Jan 20061709360.598.93$11,131
Dec 20051649354.9413.42$10,258
Nov 20051699054.6910.59$10,196
Oct 200509358.3413.80$1,283
Sep 20051659061.4512.08$11,226
Aug 20051719361.519.80$11,429
Jul 20051679355.697.84$10,030
Jun 20051709052.337.38$9,560
May 20053389345.226.65$15,903
Apr 20051639049.207.36$8,682
Mar 20051659350.377.15$8,976
Feb 20053338745.226.31$15,607
Jan 200509343.166.32$588
Dec 20043689339.866.75$15,296
Nov 20043429045.286.33$16,056
Oct 200409349.706.52$606
Sep 20041799043.245.28$8,216
Aug 20041669342.375.55$7,550
Jul 20043389338.286.08$13,504
Jun 20041669036.106.43$6,572
May 20043409337.486.49$13,347
Apr 20045079034.475.86$18,004
Mar 20043379334.365.53$12,094
Feb 20046818732.455.51$22,578
Jan 20046749332.036.30$22,174
Dec 20031,3689330.266.30$41,982
Nov 20031,0099028.804.60$29,473
Oct 20031,3519328.174.76$38,500
Sep 20031,6739026.314.75$44,444
Aug 20031,3629329.765.13$41,010
Jul 20031,7319329.415.17$51,390
Jun 20032,0709028.565.98$59,658
May 20032,1019326.595.97$56,421
Apr 20031,7259026.675.41$46,492
Mar 20032,0759331.146.10$65,182
Feb 20031,7408433.487.93$58,921
Jan 20032,1609330.315.58$65,989
Dec 20022,3829326.914.85$64,551
Nov 20022,0279024.664.14$50,358
Oct 20022,539026.464.23$67,182
Sep 20022,198027.443.64$60,313
Aug 20022,759025.963.16$71,624
Jul 20022,532024.583.06$62,237
Jun 20022,899023.733.34$68,793
May 2002905024.663.58$22,317
Apr 20021,969023.653.51$46,567

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.

Sep 2007 — as filed, then multipliedworked
Oil                  143 bbl  × $ 75.84 =    $10,845
Casinghead gas        90 Mcf  × $  6.24 =       $562

────────────────────────────────────────────────────
Month total                                  $11,407

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/68436 is the state's own key, not one this site invented.