CEDAR BREAKS 104

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 54005District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$16.0 M
Feb 2020 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
76
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
OilDisposition251,998 bbl$15,010,017
Casinghead gasProduction285,803 Mcf$964,468
Total$15,974,485

Every month this lease reported (76)

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

76 months

May 20269062,963106.413.05$105,432
Apr 20269012,91698.932.87$97,504
Mar 20261,0892,88489.753.15$106,821
Feb 20261,1022,66763.503.75$79,979
Jan 20261,0732,77359.138.00$85,625
Dec 20259092,86356.664.41$64,139
Nov 20251,0742,94958.593.93$74,505
Oct 20251,4593,48359.383.30$98,146
Sep 20251,2663,42162.743.08$89,955
Aug 20259053,36263.933.01$67,992
Jul 20251,6273,48866.743.32$120,149
Jun 20251,6083,34766.483.13$117,372
May 20255492,12760.553.23$40,117
Apr 20251,2792,96062.363.54$90,246
Mar 20251,4283,33167.704.27$110,893
Feb 20251,4432,79070.884.34$114,391
Jan 20251,4353,22474.324.28$120,444
Dec 20241,9943,15168.993.12$147,402
Nov 20248581,91969.052.20$63,464
Oct 20241,4764,26571.372.28$115,072
Sep 20241,6334,22669.612.36$123,665
Aug 20241,5934,47675.632.06$129,715
Jul 20241,6384,70679.932.15$141,027
Jun 20241,6124,36378.082.63$137,357
May 20242,1764,61478.812.20$181,634
Apr 20241,7524,56384.451.66$155,527
Mar 20242,1504,26380.301.55$179,232
Feb 20242,3364,58376.091.78$185,921
Jan 20242,2024,54473.023.30$175,775
Dec 20231,6503,14771.262.61$125,795
Nov 20231,8183,19777.892.81$150,580
Oct 20231,8153,28485.443.09$165,212
Sep 20231,9743,68289.042.74$185,835
Aug 20231,9693,85080.522.67$168,834
Jul 20233,0242,62974.852.64$233,292
Jun 20231,4711,73868.962.26$105,365
May 20232,3502,53870.622.23$171,610
Apr 20232,3582,38678.122.24$189,546
Mar 20232,4573,86672.852.39$188,244
Feb 20232,3883,21675.112.47$187,292
Jan 20232,7283,68376.533.39$221,251
Dec 20223,1153,70076.415.73$259,215
Nov 20222,7203,30685.005.65$249,866
Oct 20223,0752,85587.185.86$284,820
Sep 20223,5763,91584.888.16$335,492
Aug 20223,2724,17494.529.13$347,366
Jul 20223,2164,089101.587.54$357,521
Jun 20223,8454,118115.097.98$475,371
May 20223,6093,434109.378.43$423,675
Apr 20222,1701,814104.226.84$238,561
Mar 2022714679108.885.08$81,187
Feb 202286290891.054.86$82,897
Jan 20229071,00981.844.54$78,807
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20213,0474,44769.865.35$236,659
Aug 20214,9827,45366.024.22$360,368
Jul 20214,7214,74970.783.98$353,063
Jun 20215,4597,38469.493.38$404,308
May 20215,8176,50463.483.02$388,890
Apr 20216,5385,02860.362.76$408,503
Mar 20218,57899161.302.72$528,524
Feb 20214,9901,01157.805.55$294,031
Jan 20218,9701,17350.412.81$455,474
Dec 202010,1246,45744.642.68$469,211
Nov 202011,33012,66938.772.71$473,554
Oct 202012,65913,04236.972.48$500,327
Sep 202015,20814,80237.091.99$593,536
Aug 202017,91512,82739.982.39$746,835
Jul 202017,0639,16038.371.83$671,425
Jun 20208,3225,66834.901.69$300,018
May 20200016.921.81$0
Apr 20204,591014.751.80$67,717
Mar 20203,128030.341.86$94,904
Feb 20200049.881.98$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                  906 bbl  × $106.41 =    $96,407
Casinghead gas     2,963 Mcf  × $  3.05 =     $9,025

────────────────────────────────────────────────────
Month total                                 $105,432

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/54005 is the state's own key, not one this site invented.