LINDSEY LOO 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 56570District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.4 M
Nov 2021 – May 2026
Value, last 12 filed months
$941 k
at the published price for each month
Months reported
55
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
OilDisposition158,023 bbl$13,057,136
Casinghead gasProduction341,770 Mcf$1,322,450
Total$14,379,587

Every month this lease reported (55)

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

55 months

May 20261,0493,626106.413.05$122,668
Apr 20267163,86598.932.87$81,925
Mar 2026014089.753.15$441
Feb 20261,6194,75363.503.75$120,632
Jan 20261,0625,37859.138.00$105,809
Dec 20251,0905,02356.664.41$83,928
Nov 20251,4054,22058.593.93$98,889
Oct 20251,6064,72059.383.30$110,963
Sep 20251872,24962.743.08$18,652
Aug 20250063.933.01$0
Jul 20251,4124,72466.743.32$109,898
Jun 20251,0475,59466.483.13$87,107
May 20257172,20760.553.23$50,548
Apr 20251,6056,02562.363.54$121,435
Mar 20251,3296,05767.704.27$115,827
Feb 20251,3855,09170.884.34$120,268
Jan 20251,3946,00374.324.28$129,287
Dec 20241,4416,54168.993.12$119,831
Nov 20241,7746,99069.052.20$137,862
Oct 20241,7627,77871.372.28$143,499
Sep 20241,7397,74669.612.36$139,366
Aug 20242,1067,96175.632.06$175,705
Jul 20242,0647,88779.932.15$181,906
Jun 20242,0877,98778.082.63$183,991
May 20241,3803,47678.812.20$116,400
Apr 20242,1006,74984.451.66$188,543
Mar 20242,1376,94680.301.55$182,334
Feb 20242,1916,05976.091.78$177,520
Jan 20242,4776,42873.023.30$202,068
Dec 20232,8466,91871.262.61$220,867
Nov 20232,7856,94777.892.81$236,428
Oct 20232,8777,30485.443.09$268,360
Sep 20233,2027,18589.042.74$304,757
Aug 20233,2467,06380.522.67$280,246
Jul 20232,1675,36474.852.64$176,371
Jun 20231,7215,46468.962.26$131,020
May 20234,27511,87470.622.23$328,349
Apr 20233,5679,85878.122.24$300,714
Mar 20234,6459,49372.852.39$361,107
Feb 20234,3837,60475.112.47$347,956
Jan 20234,4819,86676.533.39$376,354
Dec 20224,84010,26176.415.73$428,610
Nov 20225,6639,27185.005.65$533,701
Oct 20226,65011,64387.185.86$648,019
Sep 20227,16411,72284.888.16$703,775
Aug 20227,16411,48094.529.13$781,921
Jul 20224,1234,785101.587.54$454,903
Jun 20224,0762,992115.097.98$492,975
May 20222,9162,017109.378.43$335,932
Apr 20224,3393,489104.226.84$476,067
Mar 20226,8547,044108.885.08$782,022
Feb 20227,1997,00691.054.86$689,510
Jan 20229,3637,24581.844.54$799,143
Dec 20216,5965,11871.323.90$490,382
Nov 2021053477.435.24$2,796

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                1,049 bbl  × $106.41 =   $111,624
Casinghead gas     3,626 Mcf  × $  3.05 =    $11,044

────────────────────────────────────────────────────
Month total                                 $122,668

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/56570 is the state's own key, not one this site invented.