BOBBIE UNIT

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 56240District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.9 M
May 2021 – May 2026
Value, last 12 filed months
$652 k
at the published price for each month
Months reported
61
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
OilDisposition139,672 bbl$11,760,363
Casinghead gasProduction267,075 Mcf$1,133,226
Total$12,893,588

Every month this lease reported (61)

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

61 months

May 20266932,341106.413.05$80,872
Apr 20261,0652,19698.932.87$111,662
Mar 20267252,89489.753.15$74,183
Feb 202636589063.503.75$26,515
Jan 2026095659.138.00$7,646
Dec 202554877356.664.41$34,461
Nov 20253521,64658.593.93$27,087
Oct 20257191,94259.383.30$49,112
Sep 20257082,30662.743.08$51,515
Aug 20251,0472,78463.933.01$75,328
Jul 20258982,95666.743.32$69,732
Jun 20255262,71066.483.13$43,447
May 20257091,26260.553.23$47,009
Apr 20257222,83562.363.54$55,069
Mar 20251,0373,70267.704.27$86,006
Feb 20251,3533,13870.884.34$109,522
Jan 20251,0403,36474.324.28$91,686
Dec 20241,0683,25968.993.12$83,854
Nov 20241,0412,90269.052.20$78,261
Oct 20241,0202,91871.372.28$79,455
Sep 20241,0332,55969.612.36$77,958
Aug 20246913,45075.632.06$59,380
Jul 20240079.932.15$0
Jun 20246871078.082.63$53,667
May 20241,3965,47078.812.20$122,044
Apr 20241,3705,36784.451.66$124,601
Mar 20241,7535,23580.301.55$148,855
Feb 20241,7794,25476.091.78$142,952
Jan 20241,0873,57473.023.30$91,159
Dec 20232,1454,86471.262.61$165,551
Nov 20231,4404,61777.892.81$125,124
Oct 20231,0812,49285.443.09$100,054
Sep 20231,4053,34689.042.74$134,253
Aug 20231,4174,87580.522.67$127,127
Jul 20231,7886,09374.852.64$149,928
Jun 20232,4697,72668.962.26$187,711
May 20232,8358,70270.622.23$219,591
Apr 20232,4976,57278.122.24$209,772
Mar 20232,8668,93372.852.39$230,166
Feb 20232,8467,28975.112.47$231,735
Jan 20233,2788,01076.533.39$278,001
Dec 20223,4337,94276.415.73$307,816
Nov 20223,6558,16085.005.65$356,748
Oct 20224,2758,23887.185.86$421,000
Sep 20223,6225,80984.888.16$354,858
Aug 20223,6225,61994.529.13$393,637
Jul 20225,0539,330101.587.54$583,651
Jun 20224,6536,637115.097.98$588,458
May 20226,1198,956109.378.43$744,761
Apr 20227,0749,448104.226.84$801,854
Mar 20228,0379,686108.885.08$924,239
Feb 20222,3892,63491.054.86$230,317
Jan 20229,8858,76781.844.54$848,770
Dec 202113,65612,53071.323.90$1,022,802
Nov 202110,7279,58477.435.24$880,782
Oct 20211,9732,52379.795.71$171,842
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$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                  693 bbl  × $106.41 =    $73,742
Casinghead gas     2,341 Mcf  × $  3.05 =     $7,130

────────────────────────────────────────────────────
Month total                                  $80,872

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/56240 is the state's own key, not one this site invented.