EA6869B

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 59066District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.4 M
Mar 2023 – May 2026
Value, last 12 filed months
$981 k
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
OilDisposition154,562 bbl$11,585,297
Casinghead gasProduction285,530 Mcf$775,205
Total$12,360,502

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 20268112,763106.413.05$94,714
Apr 20268742,39898.932.87$93,346
Mar 20268032,58089.753.15$80,195
Feb 20268832,72063.503.75$66,271
Jan 20267522,38659.138.00$63,549
Dec 20259292,78756.664.41$64,937
Nov 20259542,98658.593.93$67,619
Oct 20251,1593,36759.383.30$79,949
Sep 20251,1793,38362.743.08$84,380
Aug 20251,2093,54463.933.01$87,976
Jul 20251,3253,86166.743.32$101,230
Jun 20251,2723,76566.483.13$96,342
May 20258442,64960.553.23$59,667
Apr 20251,4284,50862.363.54$105,022
Mar 20251,5425,25267.704.27$126,811
Feb 20251,5945,35570.884.34$136,228
Jan 20251,9916,67774.324.28$176,540
Dec 20242,0977,00268.993.12$166,528
Nov 20242,1096,85069.052.20$160,686
Oct 20242,2597,11771.372.28$177,462
Sep 20242,3996,54369.612.36$182,464
Aug 20242,5115,93975.632.06$202,163
Jul 20241,9116,52879.932.15$166,759
Jun 20242,2448,47178.082.63$197,524
May 20242,72910,64678.812.20$238,477
Apr 20242,87411,54284.451.66$261,860
Mar 20243,40212,03580.301.55$291,776
Feb 20243,61710,56076.091.78$294,053
Jan 20244,23911,29973.023.30$346,792
Dec 20235,13012,25671.262.61$397,561
Nov 20235,80812,05477.892.81$486,227
Oct 20237,06012,45285.443.09$641,649
Sep 20238,05511,91989.042.74$749,816
Aug 202310,25013,79280.522.67$862,194
Jul 202313,46814,44374.852.64$1,046,235
Jun 202317,23714,48168.962.26$1,221,369
May 202321,58518,59170.622.23$1,565,742
Apr 202314,02910,02978.122.24$1,118,388
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                  811 bbl  × $106.41 =    $86,299
Casinghead gas     2,763 Mcf  × $  3.05 =     $8,416

────────────────────────────────────────────────────
Month total                                  $94,714

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/59066 is the state's own key, not one this site invented.