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 33998500OilCasinghead gasSave
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

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.