ASHLEY

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 55712District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.0 M
Mar 2021 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
63
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
OilDisposition241,553 bbl$18,918,121
Casinghead gasProduction503,068 Mcf$2,102,278
Total$21,020,399

Every month this lease reported (63)

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

63 months

May 20266923,451106.413.05$84,147
Apr 20267314,27398.932.87$84,580
Mar 20269344,01389.753.15$96,465
Feb 20261,1333,72663.503.75$85,919
Jan 20261,0114,41959.138.00$95,123
Dec 20251,2174,65356.664.41$89,491
Nov 20251,1744,43058.593.93$86,179
Oct 20251,1514,48059.383.30$83,152
Sep 20251,2164,20462.743.08$89,227
Aug 20251,2664,41463.933.01$94,243
Jul 20251,2524,46866.743.32$98,371
Jun 20251,2544,23066.483.13$96,600
May 20251,2104,60560.553.23$88,150
Apr 20251,7404,81662.363.54$125,570
Mar 20251,7274,89167.704.27$137,794
Feb 20251,4064,03470.884.34$117,168
Jan 20251,0653,42174.324.28$93,788
Dec 20241,8166,58868.993.12$145,849
Nov 20241,8405,53169.052.20$139,212
Oct 20241,6405,11171.372.28$128,707
Sep 20242,0274,48269.612.36$151,697
Aug 20241,7024,08475.632.06$137,150
Jul 20241,7726,62279.932.15$155,851
Jun 20241,1784,59878.082.63$104,089
May 20241,8527,82278.812.20$163,152
Apr 20241,8217,29484.451.66$165,886
Mar 20242,2908,02680.301.55$196,288
Feb 20242,3827,01676.091.78$193,760
Jan 20242,2206,40473.023.30$183,223
Dec 20232,7137,77271.262.61$213,619
Nov 20232,6629,05277.892.81$232,757
Oct 20234,37313,48185.443.09$415,249
Sep 20233,0867,09189.042.74$294,172
Aug 20232,8624,11880.522.67$241,455
Jul 20231,2702,10774.852.64$100,626
Jun 20232,9415,72468.962.26$215,739
May 20232,8434,80770.622.23$211,480
Apr 20232,9304,08578.122.24$238,033
Mar 202377588372.852.39$58,572
Feb 20233,1179,36775.112.47$257,214
Jan 20233,53213,42076.533.39$315,767
Dec 20223,59210,62076.415.73$335,308
Nov 20223,90510,58085.005.65$391,662
Oct 20224,03513,23687.185.86$429,384
Sep 20222,720084.888.16$230,874
Aug 20224,29312,28494.529.13$517,892
Jul 20225,1014,349101.587.54$550,960
Jun 20225,2216,392115.097.98$651,875
May 20226,05310,177109.378.43$747,840
Apr 20226,19711,592104.226.84$725,113
Mar 20227,47311,801108.885.08$873,567
Feb 20224,9567,51791.054.86$487,768
Jan 20228,43216,35081.844.54$764,266
Dec 20219,56617,88571.323.90$751,983
Nov 202110,39318,08077.435.24$899,412
Oct 202111,99720,77479.795.71$1,075,941
Sep 202113,42124,56669.865.35$1,069,042
Aug 202115,05723,47766.024.22$1,093,150
Jul 202113,14418,74070.783.98$1,004,957
Jun 202115,28717,49669.493.38$1,121,441
May 202111,97514,34363.483.02$803,455
Apr 20212,9124,79660.362.76$188,998
Mar 20210061.302.72$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                  692 bbl  × $106.41 =    $73,636
Casinghead gas     3,451 Mcf  × $  3.05 =    $10,511

────────────────────────────────────────────────────
Month total                                  $84,147

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/55712 is the state's own key, not one this site invented.