JUSTICE UNIT

Operated by EXTEX OPERATING COMPANY (P-5 257062) 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 58097District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$19.2 M
Aug 2022 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
46
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
OilDisposition207,532 bbl$16,369,703
Casinghead gasProduction863,613 Mcf$2,796,667
Total$19,166,370

Every month this lease reported (46)

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

46 months

May 202689311,870106.413.05$131,178
Apr 20261,25114,07898.932.87$164,161
Mar 202691616,57189.753.15$134,400
Feb 20261,26116,81463.503.75$143,131
Jan 202691717,48059.138.00$194,026
Dec 20251,32118,81756.664.41$157,894
Nov 20251,08514,40358.593.93$120,123
Oct 20251861,03359.383.30$14,459
Sep 20251,1181,75562.743.08$75,543
Aug 20251,256063.933.01$80,296
Jul 20251,446066.743.32$96,506
Jun 20251,432066.483.13$95,199
May 20251,4423,77460.553.23$99,512
Apr 20251,68415,83362.363.54$161,112
Mar 20251,47017,09267.704.27$172,473
Feb 20251,83915,59370.884.34$198,035
Jan 20251,46016,97474.324.28$181,134
Dec 20241,45013,85868.993.12$143,291
Nov 20241,66621,06269.052.20$161,341
Oct 20242,00422,49571.372.28$194,346
Sep 20242,36027,72269.612.36$229,824
Aug 20242,14223,11775.632.06$209,704
Jul 20242,51624,73179.932.15$254,191
Jun 20242,53724,45678.082.63$262,506
May 20243,07825,85078.812.20$299,407
Apr 20242,52824,15384.451.66$253,564
Mar 20243,64029,04480.301.55$337,169
Feb 20243,87223,04076.091.78$335,716
Jan 20244,22421,50973.023.30$379,366
Dec 20234,26621,38171.262.61$359,815
Nov 20233,909077.892.81$304,472
Oct 20233,88130,05085.443.09$424,365
Sep 20234,41627,02689.042.74$467,118
Aug 20235,64624,96280.522.67$521,336
Jul 20232,0248,59774.852.64$174,208
Jun 20235,16026,23568.962.26$415,085
May 20237,40535,80670.622.23$602,695
Apr 20237,19831,24678.122.24$632,229
Mar 20239,01033,66572.852.39$736,944
Feb 202310,06029,58275.112.47$828,546
Jan 202312,36933,75276.533.39$1,060,942
Dec 202211,70021,81076.415.73$1,018,948
Nov 202218,86129,46385.005.65$1,769,539
Oct 202223,95825,65887.185.86$2,239,111
Sep 202218,67715,39684.888.16$1,710,992
Aug 20225,9985,86094.529.13$620,416

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                  893 bbl  × $106.41 =    $95,024
Casinghead gas    11,870 Mcf  × $  3.05 =    $36,154

────────────────────────────────────────────────────
Month total                                 $131,178

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/58097 is the state's own key, not one this site invented.