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W.B. UNIT

Operated by WALSH & WATTS, INC. (P-5 895060) 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 54631District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$11.9 M
Mar 2020 – May 2026
Value, last 12 filed months
$825 k
at the published price for each month
Months reported
75
no gaps in the span
Streams
2
oil, casinghead gas

The GARDEN CITY, S. (WOLFCAMP) field

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
OilDisposition134,332 bbl$10,346,559
Casinghead gasProduction340,037 Mcf$1,539,866
Total$11,886,424

Every month this lease reported (75)

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

75 months

May 20263461,195106.413.05$40,458
Apr 20267292,77498.932.87$80,081
Mar 20267272,94489.753.15$74,520
Feb 20261,0662,78663.503.75$78,139
Jan 20267192,95859.138.00$66,172
Dec 20253462,46456.664.41$30,479
Nov 20257192,23158.593.93$50,886
Oct 20251,0745,25459.383.30$81,138
Sep 202552583762.743.08$35,514
Aug 20251,0414,21563.933.01$79,258
Jul 20251,4474,73066.743.32$112,254
Jun 20251,2324,43766.483.13$95,785
May 20251,2534,43260.553.23$90,195
Apr 20256841,54862.363.54$48,139
Mar 20256832,60467.704.27$57,354
Feb 20251,3532,73270.884.34$107,760
Jan 20253433,47274.324.28$40,347
Dec 2024180068.993.12$12,418
Nov 20246771,55969.052.20$50,174
Oct 20249864,14071.372.28$79,816
Sep 2024097869.612.36$2,312
Aug 202431989375.632.06$25,969
Jul 20241,0083,71279.932.15$88,538
Jun 20241,0393,72278.082.63$90,929
May 20241,3083,94578.812.20$111,756
Apr 20241,0623,81884.451.66$96,021
Mar 20241,4033,78680.301.55$118,511
Feb 20241,0523,66876.091.78$86,589
Jan 20241,3984,22773.023.30$116,021
Dec 20231,0353,94571.262.61$84,053
Nov 20231,4393,99477.892.81$123,297
Oct 20231,4484,22685.443.09$136,764
Sep 20231,0493,63289.042.74$103,337
Aug 20231,3993,81580.522.67$122,845
Jul 20231,7933,87474.852.64$144,440
Jun 20231,3753,61768.962.26$102,989
May 20231,7623,85870.622.23$133,026
Apr 20231,4313,85078.122.24$120,405
Mar 20231,9584,35172.852.39$153,053
Feb 20237062,22275.112.47$58,506
Jan 20233641,32176.533.39$32,332
Dec 20221,0995,15076.415.73$113,479
Nov 20222,18713,06885.005.65$259,680
Oct 20223,04414,26287.185.86$349,005
Sep 20223,02015,89784.888.16$386,116
Aug 20223,0209,72894.529.13$374,239
Jul 2022336436101.587.54$37,419
Jun 20222,4805,177115.097.98$326,721
May 20222,5235,536109.378.43$322,626
Apr 20221,4093,466104.226.84$170,545
Mar 20223,26911,290108.885.08$413,241
Feb 20223,0685,81191.054.86$307,576
Jan 20224,74711,06281.844.54$438,690
Dec 20213,1705,34271.323.90$246,914
Nov 20215,92815,91777.435.24$542,360
Oct 20217,93119,25779.795.71$742,846
Sep 202110,23918,68169.865.35$815,257
Aug 20214,0177,63566.024.22$297,427
Jul 202111,37719,07570.783.98$881,222
Jun 202114,30916,98069.493.38$1,051,735
May 20216,6817,50163.483.02$446,745
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
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

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                  346 bbl  × $106.41 =    $36,818
Casinghead gas     1,195 Mcf  × $  3.05 =     $3,640

────────────────────────────────────────────────────
Month total                                  $40,458

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/54631 is the state's own key, not one this site invented.