ANNETTE QR

Operated by GUNN OIL COMPANY (P-5 339493) 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 54711District 08Field 33998500Hydrogen sulphide fieldOilSaveExport
Value, all time
$1.1 M
Sep 2020 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
69
no gaps in the span
Streams
1
oil

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
OilDisposition15,191 bbl$1,083,218
Total$1,083,218

Every month this lease reported (69)

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

69 months

May 20260106.413.05$0
Apr 202618098.932.87$17,807
Mar 202621789.753.15$19,476
Feb 202617763.503.75$11,240
Jan 202610059.138.00$5,913
Dec 202524856.664.41$14,052
Nov 202520058.593.93$11,718
Oct 202520059.383.30$11,876
Sep 202510062.743.08$6,274
Aug 202513563.933.01$8,631
Jul 202513366.743.32$8,876
Jun 202513066.483.13$8,642
May 202513860.553.23$8,356
Apr 202512062.363.54$7,483
Mar 202512567.704.27$8,463
Feb 20259870.884.34$6,946
Jan 202519074.324.28$14,121
Dec 202418668.993.12$12,832
Nov 202418869.052.20$12,981
Oct 202415571.372.28$11,062
Sep 202417869.612.36$12,391
Aug 202426675.632.06$20,118
Jul 202427979.932.15$22,300
Jun 202417478.082.63$13,586
May 202414978.812.20$11,743
Apr 202415084.451.66$12,668
Mar 202410580.301.55$8,432
Feb 202421576.091.78$16,359
Jan 2024073.023.30$0
Dec 202315571.262.61$11,045
Nov 202315077.892.81$11,684
Oct 202315485.443.09$13,158
Sep 202316589.042.74$14,692
Aug 202314180.522.67$11,353
Jul 202314274.852.64$10,629
Jun 202313868.962.26$9,516
May 202315570.622.23$10,946
Apr 202325078.122.24$19,530
Mar 202317872.852.39$12,967
Feb 202321475.112.47$16,074
Jan 202325476.533.39$19,439
Dec 202223876.415.73$18,186
Nov 202222585.005.65$19,125
Oct 202224787.185.86$21,533
Sep 202221084.888.16$17,825
Aug 202222694.529.13$21,362
Jul 2022358101.587.54$36,366
Jun 2022150115.097.98$17,264
May 2022248109.378.43$27,124
Apr 2022298104.226.84$31,058
Mar 2022310108.885.08$33,753
Feb 202216891.054.86$15,296
Jan 202220281.844.54$16,532
Dec 202124871.323.90$17,687
Nov 202129077.435.24$22,455
Oct 202128079.795.71$22,341
Sep 202136069.865.35$25,150
Aug 202140366.024.22$26,606
Jul 202146570.783.98$32,913
Jun 202136069.493.38$25,016
May 202124863.483.02$15,743
Apr 202124060.362.76$14,486
Mar 202122561.302.72$13,793
Feb 202112957.805.55$7,456
Jan 202137250.412.81$18,753
Dec 202039344.642.68$17,544
Nov 202045038.772.71$17,447
Oct 202058736.972.48$21,701
Sep 202062937.091.99$23,330

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.

Apr 2026 — as filed, then multipliedworked
Oil                  180 bbl  × $ 98.93 =    $17,807

────────────────────────────────────────────────────
Month total                                  $17,807

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/54711 is the state's own key, not one this site invented.