EASTHAM STATE PRISON FARM
Operated by SEM OPERATING COMPANY LLC (P-5 ) in the FORT TRINIDAD (GLEN ROSE, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Condensate | Disposition | 116,045 bbl | $10,898,328 |
| Gas | Production | 325,498 Mcf | $1,248,255 |
| Total | $12,146,583 | ||
Every month this lease reported (48)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
48 months
| Jul 2015 | 0 | 0 | 48.15 | 2.95 | $0 |
| Jun 2015 | 0 | 0 | 56.15 | 2.88 | $0 |
| May 2015 | 0 | 0 | 55.21 | 2.96 | $0 |
| Sep 2014 | 0 | 0 | 86.16 | 4.05 | $0 |
| Aug 2014 | 751 | 771 | 89.39 | 4.04 | $70,243 |
| Jul 2014 | 738 | 1,973 | 96.56 | 4.18 | $79,508 |
| Jun 2014 | 687 | 1,833 | 98.16 | 4.74 | $76,119 |
| May 2014 | 1,848 | 855 | 94.73 | 4.73 | $179,102 |
| Apr 2014 | 1,530 | 1,426 | 95.94 | 4.81 | $153,646 |
| Mar 2014 | 1,032 | 2,475 | 95.89 | 5.06 | $111,474 |
| Feb 2014 | 632 | 2,734 | 97.40 | 6.19 | $78,486 |
| Jan 2014 | 1,095 | 4,710 | 90.40 | 4.86 | $121,882 |
| Dec 2013 | 407 | 2,513 | 91.82 | 4.35 | $48,314 |
| Nov 2013 | 940 | 2,767 | 88.85 | 3.74 | $93,863 |
| Oct 2013 | 689 | 1,637 | 97.42 | 3.78 | $73,309 |
| Sep 2013 | 488 | 2,137 | 104.11 | 3.72 | $58,750 |
| Aug 2013 | 511 | 2,361 | 104.25 | 3.52 | $61,589 |
| Jul 2013 | 534 | 3,910 | 102.52 | 3.72 | $69,282 |
| Jun 2013 | 502 | 2,812 | 94.40 | 3.93 | $58,450 |
| May 2013 | 740 | 7,322 | 94.83 | 4.15 | $100,554 |
| Apr 2013 | 1,227 | 6,231 | 93.96 | 4.28 | $141,974 |
| Mar 2013 | 2,213 | 6,171 | 93.62 | 3.91 | $231,327 |
| Feb 2013 | 2,110 | 4,354 | 91.23 | 3.42 | $207,386 |
| Jan 2013 | 2,186 | 6,141 | 91.60 | 3.42 | $221,239 |
| Dec 2012 | 1,503 | 5,760 | 86.77 | 3.42 | $150,115 |
| Nov 2012 | 1,676 | 6,052 | 86.95 | 3.62 | $167,666 |
| Oct 2012 | 1,985 | 6,415 | 89.38 | 3.40 | $199,228 |
| Sep 2012 | 1,753 | 6,871 | 94.67 | 2.92 | $186,009 |
| Aug 2012 | 1,813 | 6,777 | 92.66 | 2.91 | $187,701 |
| Jul 2012 | 1,949 | 7,119 | 85.13 | 3.02 | $187,423 |
| Jun 2012 | 1,137 | 3,531 | 79.82 | 2.52 | $99,650 |
| May 2012 | 2,105 | 3,906 | 91.61 | 2.49 | $202,558 |
| Apr 2012 | 2,858 | 7,701 | 101.65 | 2.00 | $305,893 |
| Mar 2012 | 3,900 | 8,885 | 105.05 | 2.22 | $429,438 |
| Feb 2012 | 1,773 | 4,459 | 101.10 | 2.57 | $190,711 |
| Jan 2012 | 3,416 | 9,687 | 98.09 | 2.73 | $361,560 |
| Dec 2011 | 4,461 | 12,293 | 96.87 | 3.24 | $471,963 |
| Nov 2011 | 2,973 | 7,873 | 95.72 | 3.31 | $310,645 |
| Oct 2011 | 3,543 | 8,506 | 84.98 | 3.65 | $332,119 |
| Sep 2011 | 2,857 | 10,251 | 83.62 | 3.99 | $279,761 |
| Aug 2011 | 2,783 | 11,249 | 83.40 | 4.15 | $278,778 |
| Jul 2011 | 3,140 | 10,214 | 94.14 | 4.52 | $341,739 |
| Jun 2011 | 3,454 | 6,162 | 92.90 | 4.64 | $349,468 |
| May 2011 | 4,579 | 10,505 | 98.13 | 4.40 | $495,610 |
| Apr 2011 | 9,755 | 22,337 | 105.96 | 4.33 | $1,130,432 |
| Mar 2011 | 15,441 | 29,576 | 96.36 | 4.06 | $1,607,895 |
| Feb 2011 | 10,229 | 21,986 | 85.64 | 4.18 | $967,913 |
| Jan 2011 | 6,102 | 32,250 | 86.50 | 4.59 | $675,811 |
Not filed, and not zero: Oct 2014 – Apr 2015 (7 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.
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.
Condensate 751 bbl × $ 89.39 = $67,132 Gas 771 Mcf × $ 4.04 = $3,111 ──────────────────────────────────────────────────── Month total $70,243
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. 03/G/265861 is the state's own key, not one this site invented.