PATAGONIA 68

Operated by BROWNING OIL COMPANY, INC. (P-5 103088) 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 52820District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$18.0 M
Jun 2019 – May 2026
Value, last 12 filed months
$716 k
at the published price for each month
Months reported
84
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
OilDisposition252,454 bbl$16,138,723
Casinghead gasProduction475,962 Mcf$1,833,340
Total$17,972,064

Every month this lease reported (84)

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

84 months

May 20267191,156106.413.05$80,030
Apr 20268552,04798.932.87$90,459
Mar 20268962,08089.753.15$86,967
Feb 20269191,83863.503.75$65,250
Jan 20265351,79159.138.00$45,959
Dec 20259021,91856.664.41$59,572
Nov 20258061,85658.593.93$54,511
Oct 20258572,03959.383.30$57,627
Sep 20257251,88462.743.08$51,283
Aug 20251,0281,19463.933.01$69,320
Jul 20255241,74066.743.32$40,740
Jun 202518187766.483.13$14,777
May 20250060.553.23$0
Apr 20257271,49362.363.54$50,626
Mar 20258835,25367.704.27$82,201
Feb 20251,4196,07670.884.34$126,954
Jan 20251,6456,79874.324.28$151,343
Dec 20241,9156,40568.993.12$152,108
Nov 20241,2544,74769.052.20$97,025
Oct 20241,2554,80771.372.28$100,536
Sep 20241,4345,04169.612.36$111,739
Aug 20241,4166,46875.632.06$120,440
Jul 20241,6415,70679.932.15$143,414
Jun 20241,4356,09278.082.63$128,091
May 20241,9796,61078.812.20$170,497
Apr 20241,2816,76584.451.66$119,405
Mar 20241,8116,69080.301.55$155,760
Feb 20242,1596,52976.091.78$175,924
Jan 20241,4625,42273.023.30$124,635
Dec 20231,8338,27071.262.61$152,210
Nov 20231,8309,25977.892.81$168,534
Oct 20232,3638,95185.443.09$229,529
Sep 20232,3417,30589.042.74$228,422
Aug 20231,5834,85880.522.67$140,448
Jul 20232,7118,55774.852.64$225,524
Jun 20232,5327,04468.962.26$190,515
May 20232,9246,96970.622.23$222,016
Apr 20233,6696,10778.122.24$300,288
Mar 20231841,27072.852.39$16,444
Feb 20231,6584,47075.112.47$135,554
Jan 20232,7458,58176.533.39$239,145
Dec 20222,92110,67976.415.73$284,374
Nov 20222,74512,46985.005.65$303,727
Oct 20223,82911,97787.185.86$404,042
Sep 20223,20912,63184.888.16$375,495
Aug 20223,23911,78694.529.13$413,723
Jul 20223,78912,154101.587.54$476,553
Jun 20223,08411,300115.097.98$445,080
May 20223,79710,883109.378.43$507,055
Apr 20223,2979,443104.226.84$408,181
Mar 20223,4857,934108.885.08$419,723
Feb 20222,7684,58591.054.86$274,304
Jan 20223,4754,12881.844.54$303,126
Dec 20212,1923,42171.323.90$169,672
Nov 20211,9731,91077.435.24$162,772
Oct 20217181,29079.795.71$64,660
Sep 20212,0174,89169.865.35$167,079
Aug 20214,3467,13366.024.22$317,028
Jul 20212,0132,90570.783.98$154,048
Jun 20214,6138,73969.493.38$350,101
May 20214,4379,88763.483.02$311,496
Apr 20214,8279,72360.362.76$318,178
Mar 20215,2148,94261.302.72$343,913
Feb 20213,2944,53257.805.55$215,537
Jan 20215,1118,03250.412.81$280,218
Dec 20205,1156,84844.642.68$246,655
Nov 20205,3235,80938.772.71$222,095
Oct 20202,3792,65036.972.48$94,519
Sep 20207,0779,51537.091.99$281,431
Aug 20207,6889,67739.982.39$330,447
Jul 20206,7226,58838.371.83$269,947
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20202,9323,07614.751.80$48,797
Mar 20209,0199,14430.341.86$290,610
Feb 202011,06611,89949.881.98$575,540
Jan 202012,4199,05957.252.09$729,964
Dec 20197,3897,11759.012.30$452,425
Nov 201910,85010,24355.302.75$628,180
Oct 20197,638053.472.42$408,404
Sep 201910,158055.052.66$559,198
Aug 20196,332053.112.30$336,293
Jul 2019917056.272.46$51,600
Jun 20191052.782.49$53

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                  719 bbl  × $106.41 =    $76,509
Casinghead gas     1,156 Mcf  × $  3.05 =     $3,521

────────────────────────────────────────────────────
Month total                                  $80,030

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/52820 is the state's own key, not one this site invented.