HANNAH-STEVIE 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 56605District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$16.7 M
Dec 2021 – May 2026
Value, last 12 filed months
$838 k
at the published price for each month
Months reported
54
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
OilDisposition174,928 bbl$14,836,699
Casinghead gasProduction488,265 Mcf$1,837,366
Total$16,674,065

Every month this lease reported (54)

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

54 months

May 20266773,529106.413.05$82,788
Apr 20261,0753,50098.932.87$116,394
Mar 20267163,64089.753.15$75,725
Feb 20261,0873,37963.503.75$81,697
Jan 20261,1164,00659.138.00$98,029
Dec 20257184,36556.664.41$59,946
Nov 20253553,57158.593.93$34,821
Oct 20250059.383.30$0
Sep 20253521,47162.743.08$26,611
Aug 20251,4095,03763.933.01$105,263
Jul 20251,0595,48566.743.32$88,862
Jun 20257106,47366.483.13$67,453
May 202535521860.553.23$22,200
Apr 20251,4269,25062.363.54$121,699
Mar 20251,0669,45867.704.27$112,538
Feb 20251,4098,88370.884.34$138,430
Jan 20251,7469,94074.324.28$172,293
Dec 20241,77010,33968.993.12$154,384
Nov 20241,42210,26469.052.20$120,754
Oct 20242,13310,61671.372.28$176,452
Sep 20241,7439,92569.612.36$144,797
Aug 20242,12810,35675.632.06$182,312
Jul 20242,13010,28279.932.15$192,322
Jun 20241,23010,28278.082.63$123,121
May 20242,50611,82978.812.20$223,503
Apr 20242,15611,64884.451.66$201,401
Mar 20242,52012,12980.301.55$221,097
Feb 20242,18310,12276.091.78$184,158
Jan 20242,86710,90073.023.30$245,293
Dec 20232,86911,81571.262.61$235,291
Nov 20232,91011,87877.892.81$260,008
Oct 20233,20912,44385.443.09$312,592
Sep 20233,49012,71089.042.74$345,512
Aug 20233,62612,98180.522.67$326,662
Jul 20233,99013,18574.852.64$333,484
Jun 20234,51813,82668.962.26$342,787
May 20234,68613,47870.622.23$360,946
Apr 20234,83314,89378.122.24$410,881
Mar 20235,06612,41272.852.39$398,762
Feb 20234,68610,19075.112.47$377,091
Jan 20234,72011,91676.533.39$401,590
Dec 20225,43912,30476.415.73$486,085
Nov 20225,41312,06785.005.65$528,238
Oct 20226,12111,95787.185.86$603,742
Sep 20226,30112,01984.888.16$632,948
Aug 20226,30111,55594.529.13$701,035
Jul 20224,4756,988101.587.54$507,275
Jun 20226,2088,454115.097.98$781,918
May 20227,2229,595109.378.43$870,785
Apr 20227,9279,686104.226.84$892,381
Mar 202210,25011,562108.885.08$1,174,713
Feb 20229,1357,96791.054.86$870,452
Jan 20227,3536,94981.844.54$633,302
Dec 20214,1164,53871.323.90$311,247

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                  677 bbl  × $106.41 =    $72,040
Casinghead gas     3,529 Mcf  × $  3.05 =    $10,749

────────────────────────────────────────────────────
Month total                                  $82,788

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/56605 is the state's own key, not one this site invented.