ECHOES 142

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 54134District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$10.9 M
Dec 2019 – May 2026
Value, last 12 filed months
$458 k
at the published price for each month
Months reported
78
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
OilDisposition141,643 bbl$9,456,586
Casinghead gasProduction366,042 Mcf$1,440,305
Total$10,896,891

Every month this lease reported (78)

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

78 months

May 20265421,872106.413.05$63,376
Apr 20265481,91698.932.87$59,712
Mar 20264831,66689.753.15$48,596
Feb 20263621,56663.503.75$28,860
Jan 20265401,74259.138.00$45,863
Dec 20255551,77756.664.41$39,289
Nov 20257291,94258.593.93$50,337
Oct 20255381,92759.383.30$38,315
Sep 20255291,68262.743.08$38,365
Aug 20255332,44763.933.01$41,452
Jul 2025018666.743.32$617
Jun 202501,11066.483.13$3,473
May 20253391,35360.553.23$24,900
Apr 20251801,13362.363.54$15,239
Mar 202515964267.704.27$13,505
Feb 20255491,73570.884.34$46,444
Jan 20255093,16174.324.28$51,354
Dec 20245384,30568.993.12$50,554
Nov 2024182069.052.20$12,567
Oct 20245453,99771.372.28$48,015
Sep 20245534,03969.612.36$48,044
Aug 20245434,72175.632.06$50,809
Jul 20247194,34379.932.15$66,792
Jun 20249004,13978.082.63$81,174
May 20245473,59178.812.20$51,004
Apr 20247214,43484.451.66$68,245
Mar 20249065,11380.301.55$80,652
Feb 20247294,41876.091.78$63,350
Jan 20247375,04573.023.30$70,452
Dec 20239255,33071.262.61$79,831
Nov 20239154,67277.892.81$84,386
Oct 20235523,65785.443.09$58,453
Sep 20231,0405,23689.042.74$106,922
Aug 20231,0505,41180.522.67$99,009
Jul 20231,0795,34974.852.64$94,894
Jun 20239035,53568.962.26$74,772
May 20231,0825,99770.622.23$89,769
Apr 20231,2275,75378.122.24$108,727
Mar 20231,2316,12972.852.39$104,346
Feb 20231,2835,39675.112.47$109,671
Jan 20231,4556,07676.533.39$131,935
Dec 20221,6217,47076.415.73$166,657
Nov 20221,5749,23285.005.65$185,916
Oct 20221,4735,19987.185.86$158,902
Sep 20221,8366,57584.888.16$209,516
Aug 20221,4726,83594.529.13$201,518
Jul 20222,7217,038101.587.54$329,480
Jun 20221,8277,534115.097.98$270,370
May 20226932,261109.378.43$94,861
Apr 20222,3728,351104.226.84$304,311
Mar 20222,3978,299108.885.08$303,114
Feb 20222,3847,69391.054.86$254,442
Jan 20223,1269,46981.844.54$298,799
Dec 20213,4529,47471.323.90$283,137
Nov 20214,2249,98677.435.24$379,360
Oct 20215,1029,25279.795.71$459,953
Sep 20211,0942,70069.865.35$90,874
Aug 20212,1935,14166.024.22$166,480
Jul 20214,8179,79270.783.98$379,940
Jun 20214,6687,23369.493.38$348,831
May 20216,24012,32063.483.02$433,293
Apr 20217,26713,89160.362.76$476,953
Mar 20217,87612,75761.302.72$517,459
Feb 20217,0018,04957.805.55$449,313
Jan 20219,72312,98150.412.81$526,617
Dec 202010,05511,30644.642.68$479,104
Nov 20209,4509,92738.772.71$393,245
Oct 20204,7384,73436.972.48$186,897
Sep 20202,790037.091.99$103,481
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
Dec 20190059.012.30$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                  542 bbl  × $106.41 =    $57,674
Casinghead gas     1,872 Mcf  × $  3.05 =     $5,702

────────────────────────────────────────────────────
Month total                                  $63,376

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/54134 is the state's own key, not one this site invented.