BIG BEND 34

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 54020District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$22.2 M
Jan 2020 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
77
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
OilDisposition300,286 bbl$20,272,675
Casinghead gasProduction488,297 Mcf$1,912,055
Total$22,184,730

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 20261,0666,063106.413.05$131,900
Apr 20261,0545,48598.932.87$120,013
Mar 20261,0795,75789.753.15$114,972
Feb 20261,0655,16463.503.75$86,994
Jan 20261,2766,13859.138.00$124,541
Dec 20251,2515,68756.664.41$95,980
Nov 20251,0616,15958.593.93$86,347
Oct 20251,4156,22059.383.30$104,579
Sep 20251,0915,99562.743.08$86,895
Aug 20251,2636,57563.933.01$100,566
Jul 20251,4376,41166.743.32$117,159
Jun 20251,2326,12666.483.13$101,070
May 20251,4316,22060.553.23$106,752
Apr 20251,2475,89462.363.54$98,646
Mar 20251,2625,76567.704.27$110,044
Feb 20251,2055,41170.884.34$108,899
Jan 20251,2535,90974.324.28$118,406
Dec 20241,5645,45768.993.12$124,934
Nov 20241,1445,22169.052.20$90,471
Oct 20241,7885,67271.372.28$140,550
Sep 20241,4405,56769.612.36$113,401
Aug 20241,5265,74675.632.06$127,269
Jul 20241,8776,13579.932.15$163,198
Jun 20241,4146,10378.082.63$126,480
May 20241,9616,32478.812.20$168,449
Apr 20241,6295,93284.451.66$147,411
Mar 20242,1665,67380.301.55$182,695
Feb 20241,8025,54176.091.78$146,997
Jan 20241,8024,92273.023.30$147,813
Dec 20231,5946,68071.262.61$131,028
Nov 20232,3236,41677.892.81$198,952
Oct 20231,8006,57385.443.09$174,085
Sep 20232,3555,92889.042.74$225,903
Aug 20232,1615,63080.522.67$189,052
Jul 20232,2895,59474.852.64$186,110
Jun 20232,1694,28668.962.26$159,254
May 20232,0105,84870.622.23$154,972
Apr 20232,2775,62778.122.24$190,471
Mar 20232,8475,18572.852.39$219,812
Feb 20232,6464,82175.112.47$210,628
Jan 20233,4075,32576.533.39$278,777
Dec 202236037576.415.73$29,656
Nov 20223,2867,13985.005.65$319,618
Oct 20223,6426,80387.185.86$357,401
Sep 20224,7196,42384.888.16$452,984
Aug 202210,7286,15794.529.13$1,070,206
Jul 20226,5984,373101.587.54$703,206
Jun 20221,4221,163115.097.98$172,935
May 20222,7082,890109.378.43$320,545
Apr 20224,69110,496104.226.84$560,663
Mar 20224,4177,992108.885.08$521,494
Feb 20224,3239,34691.054.86$439,020
Jan 20225,90012,92781.844.54$541,515
Dec 20216,48215,00871.323.90$520,814
Nov 20217,01316,11977.435.24$627,429
Oct 20217,35715,92679.795.71$678,014
Sep 20217,91717,92469.865.35$648,992
Aug 20219,64818,50566.024.22$715,063
Jul 202110,03116,51270.783.98$775,746
Jun 202112,67218,04069.493.38$941,564
May 202113,78316,51563.483.02$924,782
Apr 20213,5933,02660.362.76$225,220
Mar 202113,7451,99361.302.72$847,983
Feb 20219,9378,69857.805.55$622,615
Jan 202118,99218,20350.412.81$1,008,542
Dec 202020,1688,55944.642.68$923,199
Nov 202020,607038.772.71$798,933
Oct 202012,673036.972.48$468,521
Sep 20204,195037.091.99$155,593
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
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                1,066 bbl  × $106.41 =   $113,433
Casinghead gas     6,063 Mcf  × $  3.05 =    $18,467

────────────────────────────────────────────────────
Month total                                 $131,900

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/54020 is the state's own key, not one this site invented.