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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 55161District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.7 M
Oct 2020 – May 2026
Value, last 12 filed months
$185 k
at the published price for each month
Months reported
68
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
OilDisposition52,496 bbl$3,321,522
Casinghead gasProduction95,025 Mcf$347,058
Total$3,668,580

Every month this lease reported (68)

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

68 months

May 2026219479106.413.05$24,763
Apr 202613959398.932.87$15,453
Mar 202629359289.753.15$28,161
Feb 20261941,13063.503.75$16,557
Jan 20269550759.138.00$9,672
Dec 202525463856.664.41$17,207
Nov 202514049658.593.93$10,150
Oct 202515358759.383.30$11,025
Sep 202517258462.743.08$12,588
Aug 202518065563.933.01$13,482
Jul 202518161766.743.32$14,125
Jun 202514860166.483.13$11,719
May 202520063560.553.23$14,163
Apr 202515658162.363.54$11,787
Mar 202522167967.704.27$17,860
Feb 202515154870.884.34$13,082
Jan 202523059974.324.28$19,657
Dec 202421876868.993.12$17,437
Nov 202425769269.052.20$19,267
Oct 202423572171.372.28$18,417
Sep 202428157169.612.36$20,910
Aug 202419884375.632.06$16,714
Jul 20242941,31779.932.15$26,326
Jun 20249134378.082.63$8,009
May 20242641,02478.812.20$23,057
Apr 202427195384.451.66$24,467
Mar 20242691,05580.301.55$23,231
Feb 20242471,13776.091.78$20,822
Jan 202422388573.023.30$19,202
Dec 20233041,30771.262.61$25,075
Nov 20233181,29077.892.81$28,391
Oct 20233071,42085.443.09$30,614
Sep 20233241,37789.042.74$32,615
Aug 20233681,44380.522.67$33,488
Jul 202323698874.852.64$20,275
Jun 20233501,54068.962.26$27,614
May 20234071,56170.622.23$32,219
Apr 20234031,48878.122.24$34,812
Mar 20234411,31872.852.39$35,281
Feb 20234611,25175.112.47$37,710
Jan 202331384276.533.39$26,806
Dec 202232871776.415.73$29,170
Nov 20224691,44485.005.65$48,018
Oct 20225092,25687.185.86$57,603
Sep 20225212,13884.888.16$61,676
Aug 20225111,17894.529.13$59,052
Jul 20225301,057101.587.54$61,809
Jun 2022584710115.097.98$72,876
May 20226591,200109.378.43$82,194
Apr 2022611909104.226.84$69,894
Mar 20227591,029108.885.08$87,864
Feb 202270691991.054.86$68,747
Jan 20228311,01281.844.54$72,601
Dec 20219141,20171.323.90$69,869
Nov 20211,0221,16877.435.24$85,250
Oct 20217681,17779.795.71$68,004
Sep 20211,2781,08369.865.35$95,076
Aug 20211,1911,54366.024.22$85,142
Jul 20211,7241,98370.783.98$129,921
Jun 20211,0871,00069.493.38$78,916
May 20211,9703,47463.483.02$135,539
Apr 20212,3223,71060.362.76$150,390
Mar 20211,4564,52861.302.72$101,555
Feb 20212,0733,40657.805.55$138,716
Jan 20214,5165,47650.412.81$243,041
Dec 20206,8976,23844.642.68$324,572
Nov 20204,7765,05038.772.71$198,834
Oct 20203,2782,76436.972.48$128,038

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                  219 bbl  × $106.41 =    $23,304
Casinghead gas       479 Mcf  × $  3.05 =     $1,459

────────────────────────────────────────────────────
Month total                                  $24,763

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/55161 is the state's own key, not one this site invented.