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MONEY 92

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 53923District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.7 M
Jan 2020 – May 2026
Value, last 12 filed months
$237 k
at the published price for each month
Months reported
77
no gaps in the span
Streams
2
oil, casinghead gas

The GARDEN CITY, S. (WOLFCAMP) field

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
OilDisposition127,542 bbl$7,102,284
Casinghead gasProduction397,921 Mcf$1,609,256
Total$8,711,539

Every month this lease reported (77)

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

77 months

May 2026181925106.413.05$22,078
Apr 202636754598.932.87$37,871
Mar 202636953889.753.15$34,812
Feb 202634052263.503.75$23,548
Jan 2026059559.138.00$4,759
Dec 202518473756.664.41$13,678
Nov 202534380058.593.93$23,238
Oct 202516258359.383.30$11,546
Sep 202518174062.743.08$13,633
Aug 202517867763.933.01$13,421
Jul 202533865866.743.32$24,740
Jun 202518364366.483.13$14,178
May 202518366760.553.23$13,237
Apr 202517968962.363.54$13,604
Mar 202516976967.704.27$14,724
Feb 202518361270.884.34$15,628
Jan 202518778274.324.28$17,244
Dec 202436390468.993.12$27,865
Nov 2024070969.052.20$1,559
Oct 202436677871.372.28$27,896
Sep 20241831,11569.612.36$15,375
Aug 20241701,42875.632.06$15,804
Jul 20244551,33779.932.15$39,238
Jun 202402,30778.082.63$6,077
May 20247333,03478.812.20$64,438
Apr 20243533,35584.451.66$35,377
Mar 20241742,66980.301.55$18,096
Feb 20241,2353,23376.091.78$99,738
Jan 20243693,64673.023.30$38,968
Dec 20231,0943,44871.262.61$86,960
Nov 202301,73977.892.81$4,882
Oct 20235482,56985.443.09$54,752
Sep 20233292,70589.042.74$36,692
Aug 20235432,72980.522.67$51,017
Jul 20233622,32974.852.64$33,248
Jun 202371832468.962.26$50,245
May 20235351,54470.622.23$41,221
Apr 20235458,07678.122.24$60,648
Mar 202301,95072.852.39$4,667
Feb 20233612,54575.112.47$33,390
Jan 20237268,18676.533.39$83,293
Dec 20221,2859,54076.415.73$152,842
Nov 20221,10210,78085.005.65$154,536
Oct 202272410,54287.185.86$124,934
Sep 20221,28710,03784.888.16$191,179
Aug 20221,08410,87594.529.13$201,718
Jul 20221,27611,060101.587.54$213,031
Jun 20221,62510,782115.097.98$273,031
May 20221,45210,397109.378.43$246,484
Apr 20222,1749,476104.226.84$291,367
Mar 20222,0169,682108.885.08$268,652
Feb 20222,3794,71491.054.86$239,513
Jan 20224,7824,46481.844.54$411,615
Dec 20212,9434,86071.323.90$228,844
Nov 20211,4557,50477.435.24$151,958
Oct 20217294,22179.795.71$82,285
Sep 20212,02610,98169.865.35$200,295
Aug 20212,31711,31566.024.22$200,724
Jul 20212,8559,88570.783.98$241,440
Jun 20213,4539,58169.493.38$272,339
May 20217225,04263.483.02$61,048
Apr 20212,0267,65660.362.76$143,408
Mar 20214,04215,09761.302.72$288,792
Feb 20212,1696,84157.805.55$163,322
Jan 20213,49213,57550.412.81$214,181
Dec 20205,1949,69744.642.68$257,804
Nov 20200038.772.71$0
Oct 20204,48414,23536.972.48$201,054
Sep 20205,98618,28737.091.99$258,431
Aug 20207,23117,48439.982.39$330,796
Jul 20207,80212,43638.371.83$322,060
Jun 20207,57610,72534.901.69$282,531
May 20200016.921.81$0
Apr 20208,4669,76214.751.80$142,488
Mar 202012,28912,24730.341.86$395,582
Feb 20205,210049.881.98$259,875
Jan 20200057.252.09$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       925 Mcf  × $  3.05 =     $2,817

────────────────────────────────────────────────────
Month total                                  $22,078

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/53923 is the state's own key, not one this site invented.