KINGS CANYON 30-47

Operated by BROWNING OIL COMPANY, INC. (P-5 103088) 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 59574District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.2 M
Mar 2023 – May 2026
Value, last 12 filed months
$8.6 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
OilDisposition254,370 bbl$18,517,650
Casinghead gasProduction803,472 Mcf$2,679,029
Total$21,196,680

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 20265,12037,718106.413.05$659,702
Apr 20266,64035,60598.932.87$759,072
Mar 20265,39830,17989.753.15$579,517
Feb 20265,66930,45463.503.75$474,194
Jan 20267,54137,84959.138.00$748,613
Dec 20258,29337,02856.664.41$633,299
Nov 20258,71939,37458.593.93$665,446
Oct 202510,54843,08259.383.30$768,719
Sep 202512,03740,88262.743.08$880,992
Aug 202513,81441,78363.933.01$1,009,095
Jul 202514,70832,50266.743.32$1,089,363
Jun 20254,54014,40966.483.13$346,901
May 20255442,93560.553.23$42,426
Apr 20253,89823,04562.363.54$324,730
Mar 20254,68527,23767.704.27$433,431
Feb 20254,78425,65170.884.34$450,437
Jan 20255,88823,93774.324.28$540,015
Dec 20242,91812,49168.993.12$240,302
Nov 20244,86218,05069.052.20$375,403
Oct 20244,50416,88471.372.28$359,970
Sep 20244,53314,87469.612.36$350,710
Aug 20245,40616,29575.632.06$442,483
Jul 20246,21517,98879.932.15$535,378
Jun 20245,01113,35578.082.63$426,436
May 20245,40913,81478.812.20$456,653
Apr 20247,72315,93584.451.66$678,647
Mar 20248,80522,04780.301.55$741,107
Feb 202411,16927,61176.091.78$899,097
Jan 202413,89921,59573.023.30$1,086,118
Dec 202316,09527,45371.262.61$1,218,602
Nov 202317,38023,02877.892.81$1,418,381
Oct 202317,61517,44085.443.09$1,558,868
Sep 2023094289.042.74$2,576
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
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                5,120 bbl  × $106.41 =   $544,819
Casinghead gas    37,718 Mcf  × $  3.05 =   $114,883

────────────────────────────────────────────────────
Month total                                 $659,702

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/59574 is the state's own key, not one this site invented.