CAPITOL REEF W 33-6

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 57371District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$20.1 M
Jun 2022 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
48
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
OilDisposition220,698 bbl$18,078,136
Casinghead gasProduction545,956 Mcf$2,038,946
Total$20,117,082

Every month this lease reported (48)

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

48 months

May 20261,4288,750106.413.05$178,605
Apr 20261,0818,63698.932.87$131,726
Mar 20261,4639,00689.753.15$159,668
Feb 20269148,42263.503.75$89,624
Jan 20261,2758,36259.138.00$142,269
Dec 20251,4409,50056.664.41$123,517
Nov 20251,2459,40858.593.93$109,885
Oct 20251,4509,99259.383.30$119,123
Sep 20251,4409,84662.743.08$120,641
Aug 20251,62210,16563.933.01$134,340
Jul 20251,62110,40666.743.32$142,684
Jun 20251,8019,92066.483.13$150,767
May 20251,96311,09860.553.23$154,732
Apr 20251,5739,18062.363.54$130,618
Mar 20251,7978,71967.704.27$158,872
Feb 20251,4467,50370.884.34$135,062
Jan 20252,01411,06774.324.28$197,033
Dec 20242,01310,34868.993.12$171,177
Nov 20242,19610,42669.052.20$174,555
Oct 20242,54411,34971.372.28$207,457
Sep 20242,56210,57869.612.36$203,351
Aug 20242,64011,35275.632.06$223,090
Jul 20242,34212,64079.932.15$214,329
Jun 20243,06512,08278.082.63$271,139
May 20241,6117,94978.812.20$144,438
Apr 20242,65313,27784.451.66$246,075
Mar 20242,86610,83480.301.55$246,880
Feb 20243,45011,05076.091.78$282,220
Jan 20242,72411,77873.023.30$237,746
Dec 20232,68412,48471.262.61$223,854
Nov 20233,65612,46577.892.81$319,762
Oct 20233,70913,09885.443.09$357,334
Sep 20234,04412,86089.042.74$395,250
Aug 20235,06412,78080.522.67$441,913
Jul 20235,74312,02174.852.64$461,621
Jun 20231,2653,27168.962.26$94,622
May 20236,00219,25170.622.23$466,741
Apr 20237,65318,14178.122.24$638,448
Mar 20239,05314,29572.852.39$693,721
Feb 202310,09613,48675.112.47$791,563
Jan 202310,2508,53176.533.39$813,333
Dec 202212,20012,90776.415.73$1,006,147
Nov 20224,5424,36585.005.65$410,716
Oct 202214,22919,28887.185.86$1,353,584
Sep 202219,50723,43184.888.16$1,847,037
Aug 202222,38420,80094.529.13$2,305,581
Jul 202216,69713,688101.587.54$1,799,317
Jun 20225,6815,151115.097.98$694,917

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                1,428 bbl  × $106.41 =   $151,953
Casinghead gas     8,750 Mcf  × $  3.05 =    $26,651

────────────────────────────────────────────────────
Month total                                 $178,605

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/57371 is the state's own key, not one this site invented.