EA6869C

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 59065District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$16.4 M
Mar 2023 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
39
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
OilDisposition209,435 bbl$15,652,902
Casinghead gasProduction296,987 Mcf$781,773
Total$16,434,675

Every month this lease reported (39)

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

39 months

May 20266891,337106.413.05$77,389
Apr 20261,4742,97698.932.87$154,363
Mar 20261,6373,72089.753.15$158,637
Feb 20261,5613,30063.503.75$111,500
Jan 20261,7263,28059.138.00$128,292
Dec 20251,7653,06056.664.41$113,510
Nov 20251,8532,88758.593.93$119,903
Oct 20251,9652,76959.383.30$125,833
Sep 20251,8552,46562.743.08$123,967
Aug 20251,8842,36463.933.01$127,571
Jul 20251,8682,31666.743.32$132,348
Jun 20251,8652,20466.483.13$130,881
May 20252,0462,22860.553.23$131,087
Apr 20252,1232,14562.363.54$139,990
Mar 20251,0141,06867.704.27$73,206
Feb 20251,9562,04470.884.34$147,514
Jan 20252,4062,42174.324.28$189,173
Dec 20242,2692,24668.993.12$163,549
Nov 20242,3202,29469.052.20$165,239
Oct 20242,3132,33771.372.28$170,410
Sep 20242,6112,82669.612.36$188,433
Aug 20242,7583,63375.632.06$216,085
Jul 20244911,16379.932.15$41,742
Jun 20243,6999,41478.082.63$313,614
May 20244,39611,44878.812.20$371,617
Apr 20244,34412,74184.451.66$387,991
Mar 20245,20713,20080.301.55$438,518
Feb 20245,34611,56676.091.78$427,407
Jan 20245,94111,26073.023.30$470,943
Dec 20236,92514,42671.262.61$531,138
Nov 20236,87612,88077.892.81$571,733
Oct 20238,59115,23785.443.09$781,056
Sep 20239,98016,95989.042.74$935,003
Aug 202313,12920,37880.522.67$1,111,615
Jul 202317,64123,21574.852.64$1,381,758
Jun 202322,30825,34568.962.26$1,595,601
May 202328,88624,88070.622.23$2,095,347
Apr 202323,71716,95578.122.24$1,890,713
Mar 20230072.852.39$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                  689 bbl  × $106.41 =    $73,316
Casinghead gas     1,337 Mcf  × $  3.05 =     $4,072

────────────────────────────────────────────────────
Month total                                  $77,389

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/59065 is the state's own key, not one this site invented.