HANNAH

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 60568District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.6 M
Dec 2023 – May 2026
Value, last 12 filed months
$4.5 M
at the published price for each month
Months reported
30
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
OilDisposition263,056 bbl$19,478,875
Casinghead gasProduction668,503 Mcf$2,109,082
Total$21,587,957

Every month this lease reported (30)

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

30 months

May 20262,92920,076106.413.05$372,823
Apr 20263,62821,36498.932.87$420,227
Mar 20263,99221,89389.753.15$427,233
Feb 20263,60519,45663.503.75$301,884
Jan 20263,99022,52259.138.00$416,058
Dec 20254,51323,42956.664.41$359,107
Nov 20254,35622,70158.593.93$344,352
Oct 20254,89021,73559.383.30$362,199
Sep 20255,26520,51862.743.08$393,458
Aug 20253,77415,82863.933.01$288,989
Jul 20255,30522,32966.743.32$428,081
Jun 20255,42223,38266.483.13$433,610
May 20256,06324,15160.553.23$445,178
Apr 20256,44224,23662.363.54$487,594
Mar 20257,04824,39967.704.27$581,292
Feb 20257,22223,29670.884.34$613,020
Jan 20258,36526,55674.324.28$735,311
Dec 20249,46427,52668.993.12$738,840
Nov 20249,87026,23869.052.20$739,206
Oct 202411,37127,66071.372.28$874,652
Sep 202412,40927,48269.612.36$928,768
Aug 202414,05026,17275.632.06$1,116,611
Jul 202414,45925,01679.932.15$1,209,407
Jun 202416,58926,80878.082.63$1,365,881
May 202419,23426,37878.812.20$1,573,822
Apr 202419,92623,09284.451.66$1,721,065
Mar 202422,47221,04480.301.55$1,837,017
Feb 202420,78217,17076.091.78$1,611,927
Jan 20245,61511,67173.023.30$448,494
Dec 202364,37571.262.61$11,849

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                2,929 bbl  × $106.41 =   $311,675
Casinghead gas    20,076 Mcf  × $  3.05 =    $61,148

────────────────────────────────────────────────────
Month total                                 $372,823

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/60568 is the state's own key, not one this site invented.