EA6869

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 58377District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.6 M
Sep 2022 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
45
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
OilDisposition194,153 bbl$14,808,144
Casinghead gasProduction272,134 Mcf$816,494
Total$15,624,638

Every month this lease reported (45)

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

45 months

May 20268132,280106.413.05$93,456
Apr 20261,0372,56698.932.87$109,954
Mar 20265801,83589.753.15$57,834
Feb 20263871,47163.503.75$30,091
Jan 20261041,46959.138.00$17,898
Dec 20254461,34556.664.41$31,206
Nov 20251,2154,22258.593.93$87,764
Oct 20251,4095,17959.383.30$100,782
Sep 20251,4855,37862.743.08$109,717
Aug 20251,6565,80863.933.01$123,378
Jul 20251,8425,93166.743.32$142,598
Jun 20251,8005,82066.483.13$137,873
May 20251,8136,43160.553.23$130,564
Apr 20251,9305,65262.363.54$140,381
Mar 20252,2896,16267.704.27$181,267
Feb 20251,8535,19970.884.34$153,909
Jan 20252,2405,80774.324.28$191,323
Dec 20242,3246,12768.993.12$179,457
Nov 20242,3866,01369.052.20$177,973
Oct 20242,7236,76271.372.28$209,767
Sep 20242,9496,58069.612.36$220,837
Aug 20243,3287,23775.632.06$266,631
Jul 20243,2869,67279.932.15$283,412
Jun 20242,9978,03778.082.63$255,175
May 20243,3089,06578.812.20$280,632
Apr 20243,4577,56584.451.66$304,496
Mar 20243,8377,90180.301.55$320,319
Feb 20243,8527,36576.091.78$306,235
Jan 20244,7048,32773.023.30$370,946
Dec 20235,3308,52271.262.61$402,064
Nov 20235,8208,97777.892.81$478,523
Oct 20236,85110,56785.443.09$617,973
Sep 20237,60910,56289.042.74$706,393
Aug 20239,67913,25680.522.67$814,785
Jul 202311,4451,24074.852.64$859,934
Jun 202310,98310,16268.962.26$780,338
May 20238,5247,34370.622.23$618,321
Apr 20234,3993,14478.122.24$350,685
Mar 20235,3743,20572.852.39$399,166
Feb 20237,1224,26675.112.47$545,452
Jan 202314,8109,84976.533.39$1,166,775
Dec 202217,2508,59676.415.73$1,367,320
Nov 202211,7806,49685.005.65$1,037,978
Oct 20225,1272,74387.185.86$463,056
Sep 20220084.888.16$0

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                  813 bbl  × $106.41 =    $86,511
Casinghead gas     2,280 Mcf  × $  3.05 =     $6,945

────────────────────────────────────────────────────
Month total                                  $93,456

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/58377 is the state's own key, not one this site invented.