GRAND CANYON W 31-46

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 56788District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$49.6 M
Nov 2021 – May 2026
Value, last 12 filed months
$4.8 M
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
OilDisposition524,381 bbl$42,882,295
Casinghead gasProduction1,826,555 Mcf$6,712,034
Total$49,594,330

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 20262,18631,429106.413.05$328,340
Apr 20263,05540,41598.932.87$418,211
Mar 20263,79042,69989.753.15$474,630
Feb 20263,83436,47163.503.75$380,237
Jan 20262,46233,81259.138.00$416,004
Dec 20253,34439,59556.664.41$364,218
Nov 20253,74239,67658.593.93$375,029
Oct 20253,98442,19659.383.30$376,021
Sep 20253,91942,02362.743.08$375,179
Aug 20254,39343,97363.933.01$413,413
Jul 20254,92543,44466.743.32$472,720
Jun 20253,91844,08166.483.13$398,386
May 20255,64248,37760.553.23$497,993
Apr 20255,22546,19262.363.54$489,495
Mar 20256,10348,29767.704.27$619,320
Feb 20255,99744,48070.884.34$618,148
Jan 20255,90940,42974.324.28$612,140
Dec 20247,64647,39068.993.12$675,419
Nov 20247,77246,00969.052.20$637,805
Oct 202410,07151,68371.372.28$836,677
Sep 20248,57350,21069.612.36$715,481
Aug 202411,15752,26775.632.06$951,664
Jul 202410,93452,67179.932.15$987,018
Jun 202411,97853,87578.082.63$1,077,148
May 202412,62054,45478.812.20$1,114,296
Apr 202412,83642,58684.451.66$1,154,659
Mar 202410,94626,19980.301.55$919,445
Feb 202412,69732,70476.091.78$1,024,447
Jan 202416,98929,83673.023.30$1,338,926
Dec 202316,91034,87371.262.61$1,296,050
Nov 202320,10630,22577.892.81$1,650,915
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20233,88015,29568.962.26$302,108
May 20237,38635,15370.622.23$599,899
Apr 20237,98736,13978.122.24$704,815
Mar 20239,76435,50072.852.39$796,265
Feb 20239,35033,21575.112.47$784,176
Jan 202312,71434,35176.533.39$1,089,374
Dec 20224,58011,58176.415.73$416,306
Nov 20228,65321,49885.005.65$856,887
Oct 202211,51434,16587.185.86$1,204,126
Sep 202213,44034,03184.888.16$1,418,605
Aug 202217,11635,91894.529.13$1,945,634
Jul 202220,05633,687101.587.54$2,291,359
Jun 202223,74829,137115.097.98$2,965,589
May 202226,09325,659109.378.43$3,070,175
Apr 202211,29911,567104.226.84$1,256,672
Mar 20221,1551,507108.885.08$133,407
Feb 202220,84519,79791.054.86$1,994,128
Jan 202234,69131,23181.844.54$2,980,828
Dec 202131,09128,80171.323.90$2,329,709
Nov 20215,3565,75277.435.24$444,837

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                2,186 bbl  × $106.41 =   $232,612
Casinghead gas    31,429 Mcf  × $  3.05 =    $95,728

────────────────────────────────────────────────────
Month total                                 $328,340

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/56788 is the state's own key, not one this site invented.