RIBEYE E 88-103

Operated by BROWNING OIL COMPANY, INC. (P-5 103088) 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 56295District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$13.5 M
Aug 2021 – May 2026
Value, last 12 filed months
$397 k
at the published price for each month
Months reported
58
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
OilDisposition138,537 bbl$11,392,665
Casinghead gasProduction443,815 Mcf$2,060,347
Total$13,453,012

Every month this lease reported (58)

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

58 months

May 202601,234106.413.05$3,759
Apr 20263692,36698.932.87$43,295
Mar 20265442,17589.753.15$55,674
Feb 20265371,53963.503.75$39,871
Jan 20263381,97759.138.00$35,798
Dec 20255421,99156.664.41$39,497
Nov 20255481,63358.593.93$38,519
Oct 20253661,71259.383.30$27,391
Sep 20255452,09062.743.08$40,624
Aug 20255482,17163.933.01$41,579
Jul 202508566.743.32$282
Jun 20253622,18666.483.13$30,905
May 20257152,19460.553.23$50,385
Apr 20254802,02262.363.54$37,097
Mar 20253651,96167.704.27$33,081
Feb 20256212,17570.884.34$53,458
Jan 20255602,52274.324.28$52,410
Dec 20245482,75668.993.12$46,409
Nov 20247162,78169.052.20$55,554
Oct 20245341,99371.372.28$42,658
Sep 20243673,17569.612.36$33,054
Aug 20246873,12175.632.06$58,398
Jul 202401,96679.932.15$4,220
Jun 20248616,10678.082.63$83,310
May 20241,2737,86878.812.20$117,622
Apr 20248987,40084.451.66$88,114
Mar 20241,0806,47280.301.55$96,724
Feb 20249035,99076.091.78$79,393
Jan 20241,0915,81473.023.30$98,837
Dec 20235573,02071.262.61$47,576
Nov 20239175,16477.892.81$85,923
Oct 20231,0936,97785.443.09$114,926
Sep 20231,2638,33889.042.74$135,262
Aug 20231,2457,99680.522.67$121,620
Jul 20231,5328,68174.852.64$137,604
Jun 20233613,65868.962.26$33,156
May 20231,2789,40370.622.23$111,197
Apr 20231,26411,08678.122.24$123,551
Mar 20232,02010,69172.852.39$172,742
Feb 20231,46610,77475.112.47$136,677
Jan 20231,41711,97376.533.39$149,004
Dec 20222,37612,27776.415.73$251,886
Nov 20222,00312,46985.005.65$240,657
Oct 20222,53613,57587.185.86$300,689
Sep 20223,08813,40984.888.16$371,576
Aug 20222,35713,19494.529.13$343,207
Jul 20223,23312,467101.587.54$422,435
Jun 20223,81813,109115.097.98$543,987
May 20224,70515,604109.378.43$646,175
Apr 20225,53716,341104.226.84$688,799
Mar 20225,98418,154108.885.08$743,695
Feb 20226,89717,11491.054.86$711,126
Jan 202210,35820,70381.844.54$941,642
Dec 202111,29422,04071.323.90$891,425
Nov 202112,39120,08477.435.24$1,064,612
Oct 202112,87217,94879.795.71$1,129,609
Sep 202114,56015,02269.865.35$1,097,543
Aug 20213,7175,06966.024.22$266,791

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                    0 bbl  × $106.41 =         $0
Casinghead gas     1,234 Mcf  × $  3.05 =     $3,759

────────────────────────────────────────────────────
Month total                                   $3,759

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/56295 is the state's own key, not one this site invented.