JAXON WA

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 59330District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.9 M
Mar 2023 – May 2026
Value, last 12 filed months
$1.1 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
OilDisposition164,164 bbl$12,291,718
Casinghead gasProduction211,259 Mcf$592,863
Total$12,884,581

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 2026467475106.413.05$51,140
Apr 20269182,61198.932.87$98,311
Mar 20269502,76289.753.15$93,961
Feb 20261,0492,55163.503.75$76,179
Jan 20261,0542,27459.138.00$80,510
Dec 20251,4393,65156.664.41$97,647
Nov 20251,5913,28758.593.93$106,123
Oct 20251,4604,05659.383.30$100,099
Sep 20251,3245,04462.743.08$98,588
Aug 20251,4634,24063.933.01$106,312
Jul 20251,4464,05266.743.32$109,939
Jun 20251,6854,06266.483.13$124,728
May 20251,8013,77660.553.23$121,256
Apr 20251,8703,68162.363.54$129,655
Mar 20251,9763,96467.704.27$150,695
Feb 20251,9784,15870.884.34$158,250
Jan 20252,4915,21774.324.28$207,453
Dec 20242,6325,84668.993.12$199,829
Nov 20242,6445,43369.052.20$194,512
Oct 20242,8205,85971.372.28$214,630
Sep 20243,1205,84069.612.36$230,991
Aug 20243,5506,09375.632.06$281,060
Jul 20243,5926,82379.932.15$301,755
Jun 20243,8747,21078.082.63$321,473
May 20243,4456,01878.812.20$284,731
Apr 20243,8306,59284.451.66$334,381
Mar 20244,5307,44580.301.55$375,262
Feb 20244,7526,40576.091.78$373,004
Jan 20245,4976,90973.023.30$424,174
Dec 20236,1727,49671.262.61$459,387
Nov 20236,6908,06477.892.81$543,724
Oct 20237,6988,48185.443.09$683,900
Sep 20238,8048,25189.042.74$806,475
Aug 202310,9038,42680.522.67$900,431
Jul 202313,10311,11074.852.64$1,010,110
Jun 202315,7818,47968.962.26$1,107,407
May 202315,8528,31170.622.23$1,137,980
Apr 20239,9136,30778.122.24$788,517
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                  467 bbl  × $106.41 =    $49,693
Casinghead gas       475 Mcf  × $  3.05 =     $1,447

────────────────────────────────────────────────────
Month total                                  $51,140

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/59330 is the state's own key, not one this site invented.