MESA VERDE 67-8

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 60180District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$23.1 M
Sep 2023 – May 2026
Value, last 12 filed months
$3.5 M
at the published price for each month
Months reported
33
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
OilDisposition274,653 bbl$20,802,083
Casinghead gasProduction802,362 Mcf$2,314,328
Total$23,116,411

Every month this lease reported (33)

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

33 months

May 20263,08121,376106.413.05$392,957
Apr 20262,90212,46998.932.87$322,877
Mar 20263,08814,14389.753.15$321,691
Feb 20263,26611,28363.503.75$249,706
Jan 20261,2789,30759.138.00$150,005
Dec 20254,23317,15456.664.41$315,549
Nov 20252,89118,07958.593.93$240,370
Oct 20253,46821,16659.383.30$275,880
Sep 20253,07620,80062.743.08$256,988
Aug 20253,91122,84963.933.01$318,914
Jul 20253,79123,53066.743.32$331,018
Jun 20253,90022,07366.483.13$328,332
May 20254,72222,54260.553.23$358,780
Apr 20254,50319,98562.363.54$351,616
Mar 20254,63719,31367.704.27$396,359
Feb 20255,45419,58270.884.34$471,582
Jan 20256,42420,78074.324.28$566,343
Dec 20247,13118,34468.993.12$549,226
Nov 20247,48216,84769.052.20$553,669
Oct 20248,10314,67671.372.28$611,793
Sep 20246,05614,77369.612.36$456,487
Aug 202412,36228,90275.632.06$994,581
Jul 20248,98835,68979.932.15$795,020
Jun 20249,12038,63178.082.63$813,843
May 202411,26642,42978.812.20$981,151
Apr 202411,51942,87684.451.66$1,043,919
Mar 202415,06137,04680.301.55$1,266,639
Feb 202412,00430,66776.091.78$968,083
Jan 202416,54134,43073.023.30$1,321,362
Dec 202322,20546,93871.262.61$1,704,870
Nov 202325,17044,34477.892.81$2,084,990
Oct 202325,64829,20685.443.09$2,281,532
Sep 202311,37210,13389.042.74$1,040,277

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                3,081 bbl  × $106.41 =   $327,849
Casinghead gas    21,376 Mcf  × $  3.05 =    $65,108

────────────────────────────────────────────────────
Month total                                 $392,957

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/60180 is the state's own key, not one this site invented.