ZION 33

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 54040District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$17.0 M
Jan 2020 – May 2026
Value, last 12 filed months
$785 k
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
OilDisposition245,168 bbl$14,304,437
Casinghead gasProduction802,626 Mcf$2,691,464
Total$16,995,901

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 20261812,200106.413.05$25,961
Apr 2026012798.932.87$364
Mar 20260089.753.15$0
Feb 20263632,60763.503.75$32,828
Jan 202672510,92559.138.00$130,247
Dec 20258838,73756.664.41$88,590
Nov 20255289,64858.593.93$68,818
Oct 202572610,28659.383.30$77,103
Sep 20257189,86162.743.08$75,389
Aug 20251,05912,00063.933.01$103,879
Jul 202590411,56566.743.32$98,673
Jun 202571111,52166.483.13$83,313
May 20251,0569,91460.553.23$95,986
Apr 20257178,77362.363.54$75,796
Mar 20251,20510,36867.704.27$125,832
Feb 202589810,21970.884.34$108,009
Jan 20251,05511,42274.324.28$127,279
Dec 20241,25910,24568.993.12$118,837
Nov 20241,0759,67869.052.20$95,505
Oct 20241,20911,81171.372.28$113,232
Sep 20241,19312,01969.612.36$111,462
Aug 20241,34713,10075.632.06$128,907
Jul 20241,40113,76079.932.15$141,519
Jun 20241,39012,48278.082.63$141,409
May 20241,22812,39578.812.20$124,028
Apr 20241,76711,41384.451.66$168,160
Mar 20241,44311,16680.301.55$133,126
Feb 20242,24611,79776.091.78$191,940
Jan 20241,4569,49473.023.30$137,625
Dec 20231,72612,56771.262.61$155,804
Nov 20232,02612,92277.892.81$194,084
Oct 20231,82213,43485.443.09$197,146
Sep 20232,17812,65989.042.74$228,552
Aug 20232,15613,05080.522.67$208,482
Jul 20232,16812,41274.852.64$195,065
Jun 20232,02010,93768.962.26$164,000
May 20232,1839,14770.622.23$174,537
Apr 20232,0149,02778.122.24$177,534
Mar 20232,7417,33972.852.39$217,245
Feb 20232,2105,05475.112.47$178,455
Jan 20231,8213,91676.533.39$152,627
Dec 20222,1682,05476.415.73$177,424
Nov 20220085.005.65$0
Oct 20221,4533,70987.185.86$148,421
Sep 20222,6905,84784.888.16$276,060
Aug 20222,8655,79194.529.13$323,655
Jul 20222,8843,463101.587.54$319,075
Jun 20223,4052,217115.097.98$409,567
May 20222,0361,025109.378.43$231,321
Apr 2022767542104.226.84$83,643
Mar 20222,58811,814108.885.08$341,754
Feb 20223,29814,51891.054.86$370,824
Jan 20222,1969,28381.844.54$221,844
Dec 20213,37715,14171.323.90$299,884
Nov 20213,67118,38077.435.24$380,499
Oct 20213,64815,19079.795.71$377,868
Sep 20213,62118,01969.865.35$349,381
Aug 20215,06423,65566.024.22$434,163
Jul 20216,09722,19070.783.98$519,908
Jun 20214,90317,91269.493.38$401,263
May 20217,90521,24363.483.02$565,914
Apr 20219292,90660.362.76$64,090
Mar 20219,29830,73761.302.72$653,478
Feb 20216,23314,58157.805.55$441,162
Jan 202110,09415,83650.412.81$553,342
Dec 20203,5655,61344.642.68$174,159
Nov 20206,04010,04138.772.71$261,347
Oct 202011,00822,75936.972.48$463,372
Sep 202010,89620,44437.091.99$444,837
Aug 202012,73818,86939.982.39$554,270
Jul 202012,95715,17838.371.83$524,862
Jun 202012,30310,74134.901.69$447,530
May 20200016.921.81$0
Apr 202011,8199,90114.751.80$192,195
Mar 20209,5408,40330.341.86$305,042
Feb 20202,9122,62749.881.98$150,454
Jan 20206,392057.252.09$365,942

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     2,200 Mcf  × $  3.05 =     $6,701

────────────────────────────────────────────────────
Month total                                  $25,961

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/54040 is the state's own key, not one this site invented.