GOLDEN GATE E 108-129-166

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 60510District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.6 M
Nov 2023 – May 2026
Value, last 12 filed months
$755 k
at the published price for each month
Months reported
31
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
OilDisposition56,904 bbl$4,212,051
Casinghead gasProduction140,542 Mcf$410,591
Total$4,622,642

Every month this lease reported (31)

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

31 months

May 20263552,132106.413.05$44,269
Apr 20267332,99098.932.87$81,096
Mar 20267332,96589.753.15$75,125
Feb 20264872,66163.503.75$40,904
Jan 20267282,67759.138.00$64,457
Dec 20255503,64556.664.41$47,250
Nov 20257183,04358.593.93$54,016
Oct 20255493,24959.383.30$43,337
Sep 20259074,48562.743.08$70,705
Aug 20259074,73163.933.01$72,247
Jul 20251,0924,74466.743.32$88,607
Jun 20258914,38866.483.13$72,963
May 20251,4495,12260.553.23$104,293
Apr 20251,0465,04662.363.54$83,107
Mar 20251,4505,37467.704.27$121,103
Feb 20251,6244,49870.884.34$134,634
Jan 20251,4654,77874.324.28$129,322
Dec 20241,0933,56068.993.12$86,518
Nov 20241,8296,48869.052.20$140,556
Oct 20242,3117,57571.372.28$182,218
Sep 20242,3106,40769.612.36$175,948
Aug 20242,7988,73875.632.06$229,645
Jul 20243,2368,26279.932.15$276,389
Jun 20242,3154,65178.082.63$193,006
May 20242,7256,04278.812.20$228,040
Apr 20244,0126,19884.451.66$349,097
Mar 20244,3985,70480.301.55$361,973
Feb 20245,7546,92376.091.78$450,170
Jan 20245,5002,26573.023.30$409,079
Dec 20232,9391,20171.262.61$212,569
Nov 20230077.892.81$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                  355 bbl  × $106.41 =    $37,776
Casinghead gas     2,132 Mcf  × $  3.05 =     $6,494

────────────────────────────────────────────────────
Month total                                  $44,269

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/60510 is the state's own key, not one this site invented.