ANOTHER BRICK IN THE WALL 14

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 52821District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.9 M
Aug 2019 – May 2026
Value, last 12 filed months
$209 k
at the published price for each month
Months reported
82
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
OilDisposition152,836 bbl$8,726,855
Casinghead gasProduction347,618 Mcf$1,179,258
Total$9,906,112

Every month this lease reported (82)

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

82 months

May 2026181558106.413.05$20,960
Apr 202618163098.932.87$19,714
Mar 202618469889.753.15$18,712
Feb 202635870863.503.75$25,388
Jan 202618473959.138.00$16,790
Dec 202518486956.664.41$14,261
Nov 202518374858.593.93$13,659
Oct 202518569359.383.30$13,276
Sep 202535884162.743.08$25,049
Aug 202518346463.933.01$13,098
Jul 202518355666.743.32$14,057
Jun 202518264866.483.13$14,127
May 202536181460.553.23$24,490
Apr 202518385362.363.54$14,434
Mar 202535375567.704.27$27,121
Feb 202517846770.884.34$14,644
Jan 202536226274.324.28$28,025
Dec 202436256068.993.12$26,722
Nov 202436081169.052.20$26,641
Oct 20243501,68071.372.28$28,812
Sep 20243671,24569.612.36$28,491
Aug 202417763275.632.06$14,691
Jul 202401479.932.15$30
Jun 20241812778.082.63$14,204
May 20245483,58778.812.20$51,074
Apr 20247272,97684.451.66$66,333
Mar 20245482,69280.301.55$48,164
Feb 20249072,76176.091.78$73,938
Jan 20245492,69573.023.30$48,975
Dec 20239222,91671.262.61$73,315
Nov 20238782,45577.892.81$75,280
Oct 20231,0993,26985.443.09$103,991
Sep 20237253,96589.042.74$75,398
Aug 20233634,29480.522.67$40,706
Jul 202303,69574.852.64$9,761
Jun 20233631,17568.962.26$27,686
May 20239114,82570.622.23$75,082
Apr 20239105,11178.122.24$82,526
Mar 20231,6485,24572.852.39$132,609
Feb 20231,4825,43975.112.47$124,724
Jan 20239225,85176.533.39$90,382
Dec 20220076.415.73$0
Nov 20229174,96485.005.65$105,973
Oct 20221,2698,67887.185.86$161,517
Sep 20221,4278,46884.888.16$190,254
Aug 20221,0907,21394.529.13$168,861
Jul 20221,4433,473101.587.54$172,774
Jun 20221,6266,420115.097.98$238,350
May 20225452,524109.378.43$80,892
Apr 20221,6375,737104.226.84$209,835
Mar 20221,0655,093108.885.08$141,811
Feb 20221,1113,57391.054.86$118,517
Jan 20221,2403,19381.844.54$115,970
Dec 20217351,84871.323.90$59,626
Nov 2021065077.435.24$3,404
Oct 20211,8143,43979.795.71$164,389
Sep 20212,1739,94469.865.35$205,015
Aug 20212,35611,33066.024.22$203,362
Jul 20212,1668,77470.783.98$188,248
Jun 20212,73410,51869.493.38$225,543
May 20213,7399,31363.483.02$265,455
Apr 20212,9025,38360.362.76$190,013
Mar 20210061.302.72$0
Feb 20218931,81257.805.55$61,668
Jan 20214,3056,71950.412.81$235,897
Dec 202001,49644.642.68$4,002
Nov 2020343038.772.71$13,298
Oct 20203,10613,35936.972.48$147,938
Sep 20203,57915,34837.091.99$163,304
Aug 20204,73516,27339.982.39$228,118
Jul 20205,53515,63938.371.83$240,921
Jun 20207,88910,53334.901.69$293,130
May 20200016.921.81$0
Apr 20204,9298,44714.751.80$87,944
Mar 20207,55229,99530.341.86$284,805
Feb 20209,76613,15349.881.98$513,180
Jan 20207,1997,18457.252.09$427,191
Dec 20199,5737,90259.012.30$583,112
Nov 201913,255055.302.75$733,002
Oct 201912,230053.472.42$653,938
Sep 20196,676055.052.66$367,514
Aug 20190053.112.30$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                  181 bbl  × $106.41 =    $19,260
Casinghead gas       558 Mcf  × $  3.05 =     $1,700

────────────────────────────────────────────────────
Month total                                  $20,960

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/52821 is the state's own key, not one this site invented.