GREAT SMOKY 139

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 54152District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$11.0 M
Feb 2020 – May 2026
Value, last 12 filed months
$440 k
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
OilDisposition147,769 bbl$9,722,118
Casinghead gasProduction299,125 Mcf$1,283,766
Total$11,005,884

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 20263501,175106.413.05$40,822
Apr 20263641,20498.932.87$39,466
Mar 20265021,01789.753.15$48,257
Feb 20263361,04563.503.75$25,255
Jan 20264781,25559.138.00$38,302
Dec 20255461,20856.664.41$36,268
Nov 20255321,07058.593.93$35,371
Oct 20255211,52559.383.30$35,977
Sep 20255211,78662.743.08$38,183
Aug 20256342,22563.933.01$47,239
Jul 2025013866.743.32$458
Jun 20257381,80766.483.13$54,716
May 20257201,86660.553.23$49,628
Apr 20256531,72562.363.54$46,833
Mar 20255381,89467.704.27$44,507
Feb 20254781,36370.884.34$39,797
Jan 202501,56074.324.28$6,675
Dec 20246481,30468.993.12$48,776
Nov 20247291,35269.052.20$53,310
Oct 20248661,92671.372.28$66,200
Sep 20245471,08269.612.36$40,635
Aug 2024644075.632.06$48,706
Jul 2024530079.932.15$42,363
Jun 2024540078.082.63$42,163
May 20243261,10378.812.20$28,117
Apr 202417880184.451.66$16,361
Mar 20247062,27480.301.55$60,205
Feb 20245392,36776.091.78$45,234
Jan 20247392,86573.023.30$63,410
Dec 20235491,99171.262.61$44,320
Nov 20237343,28877.892.81$66,403
Oct 20237333,47085.443.09$73,340
Sep 20231,0934,69089.042.74$110,148
Aug 20237164,16380.522.67$68,780
Jul 20231,0793,73974.852.64$90,641
Jun 20231,0844,57268.962.26$85,078
May 20231,0944,47270.622.23$87,219
Apr 20231,1034,79478.122.24$96,894
Mar 20231,6545,25672.852.39$133,072
Feb 20231,2914,33375.112.47$107,651
Jan 20231,4825,86876.533.39$133,297
Dec 202201376.415.73$74
Nov 20221,2714,60185.005.65$134,013
Oct 20221,6546,78987.185.86$184,005
Sep 20221,8416,77384.888.16$211,557
Aug 20221,6566,94694.529.13$219,922
Jul 20222,3557,863101.587.54$298,524
Jun 20221,6407,483115.097.98$248,441
May 20222,0107,805109.378.43$285,654
Apr 20222,7677,547104.226.84$339,980
Mar 20222,8637,871108.885.08$351,680
Feb 202256186791.054.86$55,292
Jan 20222,5507,31581.844.54$241,885
Dec 20212,6927,93071.323.90$222,913
Nov 20213,53810,56677.435.24$329,280
Oct 20214,03311,30579.795.71$386,388
Sep 20214,24412,56169.865.35$363,699
Aug 20215,40714,07366.024.22$416,367
Jul 20216,53712,25670.783.98$511,493
Jun 20214,1767,76469.493.38$316,437
May 20217,55614,93263.483.02$524,715
Apr 20219,20512,86160.362.76$591,090
Mar 202111,2831,77161.302.72$696,460
Feb 20219321,89457.805.55$64,377
Jan 20217,7219,14950.412.81$414,927
Dec 20209,18411,66444.642.68$441,180
Nov 202010,021038.772.71$388,514
Oct 20208,2318,95336.972.48$326,489
Sep 20204,326037.091.99$160,451
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

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                  350 bbl  × $106.41 =    $37,244
Casinghead gas     1,175 Mcf  × $  3.05 =     $3,579

────────────────────────────────────────────────────
Month total                                  $40,822

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/54152 is the state's own key, not one this site invented.