FLYING -B- RANCH

Operated by MAVERICK OPERATING, LLC (P-5 534209) 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 50109District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.1 M
Dec 2017 – May 2026
Value, last 12 filed months
$495 k
at the published price for each month
Months reported
102
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
OilDisposition68,592 bbl$5,072,147
Casinghead gasProduction5,175 Mcf$25,633
Total$5,097,780

Every month this lease reported (102)

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

102 months

May 20265410106.413.05$57,568
Apr 2026720098.932.87$71,230
Mar 2026369089.753.15$33,118
Feb 2026367063.503.75$23,305
Jan 2026722059.138.00$42,692
Dec 20253602556.664.41$20,508
Nov 20259003558.593.93$52,868
Oct 20253494359.383.30$20,866
Sep 20255233462.743.08$32,918
Aug 20255182763.933.01$33,197
Jul 20258882066.743.32$59,331
Jun 20257181666.483.13$47,783
May 202502060.553.23$65
Apr 20255235162.363.54$32,795
Mar 20257357567.704.27$50,080
Feb 20258726570.884.34$62,090
Jan 20253715174.324.28$27,791
Dec 20247137668.993.12$49,427
Nov 20246698869.052.20$46,388
Oct 20248965571.372.28$64,073
Sep 20248786469.612.36$61,269
Aug 20243455375.632.06$26,202
Jul 20241761779.932.15$14,104
Jun 20248868478.082.63$69,400
May 20248978678.812.20$70,882
Apr 20248676984.451.66$73,333
Mar 20241744180.301.55$14,036
Feb 20248909476.091.78$67,888
Jan 20248758373.023.30$64,166
Dec 20231,05810671.262.61$75,670
Nov 202388210377.892.81$68,988
Oct 20236865785.443.09$58,788
Sep 202371019889.042.74$63,760
Aug 202388136380.522.67$71,908
Jul 202370241874.852.64$53,649
Jun 20238747668.962.26$60,443
May 20237004870.622.23$49,541
Apr 202388810878.122.24$69,612
Mar 20231,0569272.852.39$77,150
Feb 20236975075.112.47$52,475
Jan 20231,2009976.533.39$92,171
Dec 20221,032076.415.73$78,855
Nov 20221,2071085.005.65$102,651
Oct 20221,20243987.185.86$107,365
Sep 20221,52567584.888.16$134,952
Aug 20221,38081594.529.13$137,876
Jul 2022335246101.587.54$35,885
Jun 202200115.097.98$0
May 20221680109.378.43$18,374
Apr 20228790104.226.84$91,609
Mar 20221,7500108.885.08$190,540
Feb 20221,914091.054.86$174,270
Jan 2022355081.844.54$29,053
Dec 20211,570071.323.90$111,972
Nov 20211,400077.435.24$108,402
Oct 20211,880079.795.71$150,005
Sep 20212,128069.865.35$148,662
Aug 20212,869066.024.22$189,411
Jul 20213,168070.783.98$224,231
Jun 20211,729069.493.38$120,148
May 20214,199063.483.02$266,553
Apr 20214,922060.362.76$297,092
Mar 20213,685061.302.72$225,891
Feb 20211,219057.805.55$70,458
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$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 2026 — as filed, then multipliedworked
Oil                  541 bbl  × $106.41 =    $57,568
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $57,568

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/50109 is the state's own key, not one this site invented.