PRICE

Operated by OWL OPS LLC (P-5 100332) in the GARDEN CITY, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43788District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.8 M
Jan 2013 – May 2026
Value, last 12 filed months
$308 k
at the published price for each month
Months reported
161
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 512 leases and 922 wells, and the rule below applies to all of them.

Discovered
1964-03-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2014-05-22.

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: COMMINGLING FEE. GRANTED PER DOCKET #08-0287087.

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
OilDisposition108,276 bbl$7,922,007
Casinghead gasProduction250,795 Mcf$915,470
Total$8,837,478

Every month this lease reported (161)

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

161 months

May 202600106.413.05$0
Apr 20263722,09798.932.87$42,820
Mar 20263742,04489.753.15$40,004
Feb 20265631,81263.503.75$42,546
Jan 20263671,41059.138.00$32,978
Dec 20253741,72256.664.41$28,791
Nov 20253661,44758.593.93$27,126
Oct 20253701,39559.383.30$26,581
Sep 20253651,06662.743.08$26,180
Aug 202518483463.933.01$14,277
Jul 202537044166.743.32$26,156
Jun 2025022966.483.13$716
May 202536649560.553.23$23,761
Apr 2025035462.363.54$1,254
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20251915274.324.28$14,418
Dec 20243692,08168.993.12$31,953
Nov 20241841,54569.052.20$16,102
Oct 20243682,23071.372.28$31,352
Sep 20243682,41269.612.36$31,319
Aug 20243681,84775.632.06$31,643
Jul 20243731,86379.932.15$33,813
Jun 20243711,44078.082.63$32,761
May 20245522,15178.812.20$48,232
Apr 20241841,55584.451.66$18,119
Mar 20245681,96780.301.55$48,650
Feb 20241891,49876.091.78$17,053
Jan 20245551,78773.023.30$46,419
Dec 20231901,52471.262.61$17,518
Nov 20235641,68577.892.81$48,661
Oct 20233711,88985.443.09$37,530
Sep 20233701,89789.042.74$38,133
Aug 20235292,05380.522.67$48,083
Jul 20233681,55374.852.64$31,648
Jun 20231841,38968.962.26$15,826
May 20233661,49170.622.23$29,168
Apr 20233771,87978.122.24$33,656
Mar 20235492,10372.852.39$45,027
Feb 20233701,64375.112.47$31,842
Jan 20233682,07076.533.39$35,176
Dec 20226812,09376.415.73$64,026
Nov 20223502,45085.005.65$43,583
Oct 20227132,43987.185.86$76,461
Sep 20223691,81784.888.16$46,154
Aug 20227301,85494.529.13$85,921
Jul 20223691,854101.587.54$51,466
Jun 20225542,690115.097.98$85,219
May 20225492,178109.378.43$78,411
Apr 20225551,617104.226.84$68,899
Mar 2022185211108.885.08$21,214
Feb 20224711,55691.054.86$50,445
Jan 20223721,84281.844.54$38,803
Dec 20215751,65571.323.90$47,462
Nov 20213561,15577.435.24$33,614
Oct 20216882,77679.795.71$70,757
Sep 20215212,28669.865.35$48,629
Aug 20216192,20166.024.22$50,156
Jul 20216932,74670.783.98$59,985
Jun 20215752,37669.493.38$47,989
May 20217561,42363.483.02$52,285
Apr 202135958960.362.76$23,294
Mar 202153690961.302.72$35,327
Feb 202118357557.805.55$13,767
Jan 202153666950.412.81$28,900
Dec 20209351,12644.642.68$44,751
Nov 20202041,16438.772.71$11,060
Oct 20201064036.972.48$1,956
Sep 202033949937.091.99$13,567
Aug 202017795839.982.39$9,361
Jul 202037132738.371.83$14,832
Jun 202019152734.901.69$7,557
May 2020022016.921.81$399
Apr 202018230814.751.80$3,240
Mar 20203831,07130.341.86$13,608
Feb 20205591,12349.881.98$30,107
Jan 202038946757.252.09$23,248
Dec 20195221,15059.012.30$33,453
Nov 20195621,04455.302.75$33,950
Oct 20193761,28553.472.42$23,213
Sep 20193971,28855.052.66$25,277
Aug 20193551,47553.112.30$22,253
Jul 20195421,66656.272.46$34,597
Jun 20195341,36052.782.49$31,573
May 20193741,50958.482.74$26,007
Apr 20195771,51562.632.75$40,305
Mar 20193881,27056.803.06$25,927
Feb 20195501,33750.852.79$31,701
Jan 20195851,36646.033.23$31,337
Dec 20185511,50246.594.19$31,958
Nov 20183801,23452.934.24$25,342
Oct 20187111,57461.443.40$49,032
Sep 20185131,28459.543.11$34,535
Aug 20183441,47559.403.07$24,957
Jul 20185171,77665.142.93$38,884
Jun 20185141,56860.183.08$35,757
May 20186811,70665.382.90$49,473
Apr 20185151,66563.842.90$37,707
Mar 20186841,90361.222.79$47,178
Feb 20185131,69661.782.77$36,384
Jan 20188651,82362.874.01$61,692
Dec 20175131,60057.272.92$34,054
Nov 20176911,91055.423.12$44,251
Oct 20176951,82349.292.98$39,696
Sep 20175251,41347.523.09$29,310
Aug 20175291,29145.373.00$27,879
Jul 201755071743.873.09$26,342
Jun 201736087542.493.09$17,998
May 20175691,60845.373.26$31,063
Apr 20177391,62947.933.21$40,652
Mar 20177601,75746.772.98$40,788
Feb 20177311,56850.452.95$41,509
Jan 20171,2861,88949.413.42$69,999
Dec 20167432,02948.763.72$43,782
Nov 20169111,72142.492.64$43,259
Oct 20169031,94746.193.09$47,726
Sep 20165821,10641.553.10$27,611
Aug 20167821,22741.442.92$35,994
Jul 20167641,14141.622.92$35,134
Jun 201675994045.352.69$36,945
May 201677439242.521.99$33,691
Apr 201638947436.561.99$15,166
Mar 201638439333.011.79$13,381
Feb 2016711326.472.06$418
Jan 201637021327.352.36$10,623
Dec 2015011532.362.00$230
Nov 2015010838.792.17$234
Oct 201539311343.552.43$17,389
Sep 201540125642.992.76$17,945
Aug 201574427640.162.87$30,672
Jul 201537037348.152.95$18,914
Jun 201555757956.152.88$32,945
May 201574475255.212.96$43,299
Apr 20151,31899749.822.71$68,361
Mar 20151,1171,64042.892.93$52,721
Feb 20155711,20644.662.98$29,090
Jan 20151,1341,80043.433.10$54,831
Dec 20141,1042,08454.693.59$67,862
Nov 20141,1091,71370.464.25$85,424
Oct 20141,4961,84578.303.90$124,334
Sep 20141,2781,87786.164.05$117,706
Aug 20147411,64489.394.04$72,872
Jul 20141,2511,95196.564.18$128,951
Jun 20149241,11498.164.74$95,977
May 20141,3061,29394.734.73$129,829
Apr 201493797795.944.81$94,594
Mar 201475796595.895.06$77,469
Feb 201436539197.406.19$37,972
Jan 20140090.404.86$0
Dec 20137211,09691.824.35$70,975
Nov 20131,6302,17988.853.74$152,971
Oct 20132,0592,58497.423.78$210,354
Sep 20131,5022,062104.113.72$164,039
Aug 20131,3101,208104.253.52$140,823
Jul 20131,3012,361102.523.72$142,156
Jun 20132,8074,73594.403.93$283,606
May 20133,5528,04394.834.15$370,207
Apr 20133,85710,84193.964.28$408,831
Mar 20136,50712,90893.623.91$659,693
Feb 20136,6504,12191.233.42$620,773
Jan 2013545091.603.42$49,922

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.

Apr 2026 — as filed, then multipliedworked
Oil                  372 bbl  × $ 98.93 =    $36,802
Casinghead gas     2,097 Mcf  × $  2.87 =     $6,018

────────────────────────────────────────────────────
Month total                                  $42,820

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. 08/O/43788 is the state's own key, not one this site invented.