WEST 239

Operated by CARR RESOURCES, INC. (P-5 135180) 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 55480District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$26.5 M
Nov 2020 – May 2026
Value, last 12 filed months
$762 k
at the published price for each month
Months reported
67
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
OilDisposition343,156 bbl$24,066,929
Casinghead gasProduction559,165 Mcf$2,465,358
Total$26,532,287

Every month this lease reported (67)

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

67 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20269162,46159.138.00$73,846
Dec 20251,8113,11556.664.41$116,359
Nov 20251,2552,55258.593.93$83,551
Oct 20251,4042,61559.383.30$92,012
Sep 20251,4032,79762.743.08$96,630
Aug 20251,4122,85263.933.01$98,867
Jul 20251,4164,08466.743.32$108,043
Jun 20251,2453,13566.483.13$92,576
May 20251,6104,55260.553.23$112,199
Apr 20251,6242,45362.363.54$109,964
Mar 2025728067.704.27$49,286
Feb 20251,80087470.884.34$131,378
Jan 20251,6632,30174.324.28$133,439
Dec 20241,2923,02368.993.12$98,571
Nov 20241,0983,47769.052.20$83,461
Oct 20241,4393,61271.372.28$110,942
Sep 20241,4393,48969.612.36$108,418
Aug 20241,2323,89875.632.06$101,220
Jul 20241,2333,78979.932.15$106,687
Jun 20241,4272,47178.082.63$117,929
May 20241,0772,15478.812.20$89,614
Apr 20241,7952,18684.451.66$155,215
Mar 20241,80983580.301.55$146,553
Feb 20241,0422,86076.091.78$84,387
Jan 20241,7573,01873.023.30$138,248
Dec 20239031,27971.262.61$67,687
Nov 20231,8174,63777.892.81$154,545
Oct 20232,3376,36985.443.09$219,336
Sep 20232,3145,07489.042.74$219,916
Aug 20232,8805,74880.522.67$247,261
Jul 20232,1414,46674.852.64$172,052
Jun 20233,2374,36968.962.26$233,091
May 20234,1566,56570.622.23$308,120
Apr 202302,44878.122.24$5,478
Mar 20230172.852.39$2
Feb 202339040475.112.47$30,289
Jan 20233,8607,93476.533.39$322,284
Dec 20221,9195,23676.415.73$176,628
Nov 20224,60814,67385.005.65$474,527
Oct 20225,13513,32087.185.86$525,775
Sep 20224,93711,27484.888.16$511,090
Aug 20225,74413,57694.529.13$666,833
Jul 20227,2309,972101.587.54$809,633
Jun 20225,0487,620115.097.98$641,761
May 20226,10314,698109.378.43$791,434
Apr 20227,56917,105104.226.84$905,798
Mar 20224,2698,881108.885.08$509,892
Feb 20226,83017,93291.054.86$709,000
Jan 20228,03422,03481.844.54$757,486
Dec 20218,19819,54671.323.90$660,894
Nov 20218,23418,94977.435.24$736,792
Oct 20219,87422,36479.795.71$915,631
Sep 202110,35523,46869.865.35$848,976
Aug 202111,54625,83366.024.22$871,297
Jul 202115,05625,07370.783.98$1,165,506
Jun 202115,80621,77769.493.38$1,171,979
May 202121,03128,02963.483.02$1,419,630
Apr 202117,08218,19560.362.76$1,081,259
Mar 202125,48025,14761.302.72$1,630,247
Feb 202119,17012,21757.805.55$1,175,805
Jan 202131,38622,11650.412.81$1,644,320
Dec 202023,53022,23344.642.68$1,109,863
Nov 202020038.772.71$775

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.

Jan 2026 — as filed, then multipliedworked
Oil                  916 bbl  × $ 59.13 =    $54,163
Casinghead gas     2,461 Mcf  × $  8.00 =    $19,683

────────────────────────────────────────────────────
Month total                                  $73,846

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/55480 is the state's own key, not one this site invented.