EMPIRE BUILDER

Operated by EXTEX OPERATING COMPANY (P-5 257062) 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 53956District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.8 M
Mar 2020 – May 2026
Value, last 12 filed months
$649 k
at the published price for each month
Months reported
75
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
OilDisposition125,421 bbl$7,654,613
Casinghead gasProduction75,286 Mcf$177,617
Total$7,832,230

Every month this lease reported (75)

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

75 months

May 20268940106.413.05$95,131
Apr 20261,080098.932.87$106,844
Mar 2026532089.753.15$47,747
Feb 2026548063.503.75$34,798
Jan 2026562059.138.00$33,231
Dec 2025904056.664.41$51,221
Nov 2025556058.593.93$32,576
Oct 2025872059.383.30$51,779
Sep 2025689062.743.08$43,228
Aug 2025887063.933.01$56,706
Jul 2025725066.743.32$48,387
Jun 2025718066.483.13$47,733
May 202589822460.553.23$55,098
Apr 202590577662.363.54$59,185
Mar 20251,08287667.704.27$76,990
Feb 202572766670.884.34$54,421
Jan 202535647974.324.28$28,507
Dec 20248991,19968.993.12$65,765
Nov 20249161,39769.052.20$66,321
Oct 202490615971.372.28$65,024
Sep 202489964969.612.36$64,114
Aug 20248956375.632.06$67,819
Jul 20241,00580879.932.15$82,064
Jun 202489814978.082.63$70,508
May 20241,08150978.812.20$86,313
Apr 202490730684.451.66$77,104
Mar 20241,093080.301.55$87,768
Feb 20241,102076.091.78$83,851
Jan 2024915073.023.30$66,813
Dec 20231,245071.262.61$88,719
Nov 20231,095077.892.81$85,290
Oct 20231,262085.443.09$107,825
Sep 2023904089.042.74$80,492
Aug 2023909080.522.67$73,193
Jul 20231,276074.852.64$95,509
Jun 20231,466068.962.26$101,095
May 20231,455070.622.23$102,752
Apr 2023910078.122.24$71,089
Mar 20231,424072.852.39$103,738
Feb 20231,428075.112.47$107,257
Jan 20231,593076.533.39$121,912
Dec 20221,659076.415.73$126,764
Nov 2022196085.005.65$16,660
Oct 20221,721087.185.86$150,037
Sep 2022904084.888.16$76,732
Aug 20221,750094.529.13$165,410
Jul 20221,3550101.587.54$137,641
Jun 20221,5650115.097.98$180,116
May 20221,5310109.378.43$167,445
Apr 20221,3720104.226.84$142,990
Mar 20221,7240108.885.08$187,709
Feb 20221,776091.054.86$161,705
Jan 20221,539081.844.54$125,952
Dec 20211,9161,45771.323.90$142,330
Nov 20212,074077.435.24$160,590
Oct 20212,07119179.795.71$166,336
Sep 20211,727069.865.35$120,648
Aug 20212,79014266.024.22$184,795
Jul 20211,53814670.783.98$109,441
Jun 20212,60616469.493.38$181,645
May 20212,18280163.483.02$140,931
Apr 20212,362060.362.76$142,570
Mar 20213,09436861.302.72$190,662
Feb 20211,6383,14657.805.55$112,130
Jan 20213,1174,72350.412.81$170,401
Dec 20203,0913,65344.642.68$147,756
Nov 20202,5343,33038.772.71$107,256
Oct 20202,3523,47636.972.48$95,568
Sep 20204,9859,59337.091.99$203,994
Aug 20204,583039.982.39$183,228
Jul 20206,08715,97338.371.83$262,711
Jun 20205,48911,19034.901.69$210,481
May 20205,103016.921.81$86,343
Apr 20207,5728,67314.751.80$127,336
Mar 20200030.341.86$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                  894 bbl  × $106.41 =    $95,131
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $95,131

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/53956 is the state's own key, not one this site invented.