RPQR

Operated by GUNN OIL COMPANY (P-5 339493) 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 48781District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.9 M
Apr 2017 – May 2026
Value, last 12 filed months
$239 k
at the published price for each month
Months reported
110
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
OilDisposition79,072 bbl$4,884,217
Casinghead gasProduction17,763 Mcf$51,511
Total$4,935,728

Every month this lease reported (110)

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

110 months

May 2026340204106.413.05$36,801
Apr 20261649398.932.87$16,491
Mar 2026519089.753.15$46,580
Feb 202618516963.503.75$12,381
Jan 202617016559.138.00$11,372
Dec 202534518056.664.41$20,342
Nov 2025180058.593.93$10,546
Oct 2025184059.383.30$10,926
Sep 202554422362.743.08$34,817
Aug 202517129063.933.01$11,806
Jul 2025362066.743.32$24,160
Jun 2025073966.483.13$2,312
May 202518074560.553.23$13,307
Apr 202535074162.363.54$24,451
Mar 202518797067.704.27$16,800
Feb 202516568370.884.34$14,660
Jan 20251851,09874.324.28$18,447
Dec 2024363068.993.12$25,043
Nov 2024163069.052.20$11,255
Oct 2024360071.372.28$25,693
Sep 2024353069.612.36$24,572
Aug 2024159075.632.06$12,025
Jul 20245411,38879.932.15$46,222
Jun 20241851,46978.082.63$18,314
May 202435591978.812.20$29,998
Apr 2024522084.451.66$44,083
Mar 2024350080.301.55$28,105
Feb 2024695076.091.78$52,883
Jan 2024177073.023.30$12,925
Dec 2023539071.262.61$38,409
Nov 2023528077.892.81$41,126
Oct 2023177085.443.09$15,123
Sep 2023526089.042.74$46,835
Aug 2023328880.522.67$26,432
Jul 20235401,75474.852.64$45,053
Jun 20233521,50568.962.26$27,673
May 20239051,62470.622.23$67,528
Apr 202336682578.122.24$30,438
Mar 20236961,11772.852.39$53,377
Feb 202354985475.112.47$43,341
Jan 2023365076.533.39$27,933
Dec 2022361076.415.73$27,584
Nov 2022342085.005.65$29,070
Oct 2022356087.185.86$31,036
Sep 2022355084.888.16$30,132
Aug 2022514094.529.13$48,583
Jul 20225410101.587.54$54,955
Jun 20223590115.097.98$41,317
May 20226650109.378.43$72,731
Apr 20226960104.226.84$72,537
Mar 20226850108.885.08$74,583
Feb 20221,052091.054.86$95,785
Jan 2022894081.844.54$73,165
Dec 20211,212071.323.90$86,440
Nov 2021177077.435.24$13,705
Oct 2021339079.795.71$27,049
Sep 2021354069.865.35$24,730
Aug 2021513066.024.22$33,868
Jul 2021349070.783.98$24,702
Jun 2021344069.493.38$23,905
May 2021510063.483.02$32,375
Apr 2021356060.362.76$21,488
Mar 2021514061.302.72$31,508
Feb 2021367057.805.55$21,213
Jan 2021355050.412.81$17,896
Dec 2020530044.642.68$23,659
Nov 2020352038.772.71$13,647
Oct 2020523036.972.48$19,335
Sep 2020492037.091.99$18,248
Aug 2020512039.982.39$20,470
Jul 2020523038.371.83$20,068
Jun 2020494034.901.69$17,241
May 20200016.921.81$0
Apr 2020653014.751.80$9,632
Mar 2020510030.341.86$15,473
Feb 2020690049.881.98$34,417
Jan 2020516057.252.09$29,541
Dec 2019683059.012.30$40,304
Nov 2019696055.302.75$38,489
Oct 2019693053.472.42$37,055
Sep 2019670055.052.66$36,884
Aug 2019689053.112.30$36,593
Jul 2019677056.272.46$38,095
Jun 2019828052.782.49$43,702
May 2019844058.482.74$49,357
Apr 20191,045062.632.75$65,448
Mar 2019817056.803.06$46,406
Feb 20191,196050.852.79$60,817
Jan 2019863046.033.23$39,724
Dec 2018870046.594.19$40,533
Nov 20181,033052.934.24$54,677
Oct 20181,206061.443.40$74,097
Sep 20181,173059.543.11$69,840
Aug 20181,337059.403.07$79,418
Jul 20181,363065.142.93$88,786
Jun 20181,171060.183.08$70,471
May 20181,554065.382.90$101,601
Apr 20181,691063.842.90$107,953
Mar 20182,084061.222.79$127,582
Feb 20182,234061.782.77$138,017
Jan 20182,750062.874.01$172,893
Dec 20172,775057.272.92$158,924
Nov 20173,245055.423.12$179,838
Oct 20173,074049.292.98$151,517
Sep 20172,884047.523.09$137,048
Aug 20173,902045.373.00$177,034
Jul 2017849043.873.09$37,246
Jun 2017507042.493.09$21,542
May 20171,177045.373.26$53,400
Apr 2017162047.933.21$7,765

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 2026 — as filed, then multipliedworked
Oil                  340 bbl  × $106.41 =    $36,179
Casinghead gas       204 Mcf  × $  3.05 =       $621

────────────────────────────────────────────────────
Month total                                  $36,801

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/48781 is the state's own key, not one this site invented.