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 | 7,626 bbl | $723,561 |
| Gas | Production | 628,412 Mcf | $2,220,352 |
| Total | $2,943,913 | ||
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
| 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 | 0 | 15,614 | 89.39 | 4.04 | $63,004 |
| Jul 2014 | 177 | 16,674 | 96.56 | 4.18 | $86,782 |
| Jun 2014 | 0 | 14,709 | 98.16 | 4.74 | $69,675 |
| May 2014 | 171 | 15,506 | 94.73 | 4.73 | $89,489 |
| Apr 2014 | 0 | 11,255 | 95.94 | 4.81 | $54,127 |
| Mar 2014 | 175 | 11,156 | 95.89 | 5.06 | $73,194 |
| Feb 2014 | 0 | 19,413 | 97.40 | 6.19 | $120,205 |
| Jan 2014 | 174 | 12,002 | 90.40 | 4.86 | $74,068 |
| Dec 2013 | 164 | 11,698 | 91.82 | 4.35 | $65,997 |
| Nov 2013 | 0 | 20,226 | 88.85 | 3.74 | $75,610 |
| Oct 2013 | 169 | 12,976 | 97.42 | 3.78 | $65,505 |
| Sep 2013 | 174 | 16,561 | 104.11 | 3.72 | $79,685 |
| Aug 2013 | 0 | 12,730 | 104.25 | 3.52 | $44,843 |
| Jul 2013 | 139 | 17,629 | 102.52 | 3.72 | $79,790 |
| Jun 2013 | 167 | 15,010 | 94.40 | 3.93 | $74,805 |
| May 2013 | 120 | 14,792 | 94.83 | 4.15 | $72,753 |
| Apr 2013 | 179 | 15,140 | 93.96 | 4.28 | $81,657 |
| Mar 2013 | 189 | 15,486 | 93.62 | 3.91 | $78,289 |
| Feb 2013 | 143 | 13,322 | 91.23 | 3.42 | $58,606 |
| Jan 2013 | 180 | 15,991 | 91.60 | 3.42 | $71,176 |
| Dec 2012 | 179 | 13,959 | 86.77 | 3.42 | $63,274 |
| Nov 2012 | 0 | 16,069 | 86.95 | 3.62 | $58,249 |
| Oct 2012 | 275 | 17,514 | 89.38 | 3.40 | $84,122 |
| Sep 2012 | 201 | 19,104 | 94.67 | 2.92 | $74,782 |
| Aug 2012 | 160 | 19,889 | 92.66 | 2.91 | $72,666 |
| Jul 2012 | 232 | 20,406 | 85.13 | 3.02 | $81,393 |
| Jun 2012 | 366 | 23,473 | 79.82 | 2.52 | $88,344 |
| May 2012 | 386 | 21,934 | 91.61 | 2.49 | $89,940 |
| Apr 2012 | 389 | 21,304 | 101.65 | 2.00 | $82,082 |
| Mar 2012 | 199 | 20,005 | 105.05 | 2.22 | $65,358 |
| Feb 2012 | 400 | 18,873 | 101.10 | 2.57 | $88,948 |
| Jan 2012 | 563 | 31,492 | 98.09 | 2.73 | $141,326 |
| Dec 2011 | 997 | 34,761 | 96.87 | 3.24 | $209,196 |
| Nov 2011 | 958 | 45,951 | 95.72 | 3.31 | $243,856 |
| Oct 2011 | 0 | 5,788 | 84.98 | 3.65 | $21,118 |
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 0 bbl × $ 89.39 = $0 Gas 15,614 Mcf × $ 4.04 = $63,004 ──────────────────────────────────────────────────── Month total $63,004
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/272243 is the state's own key, not one this site invented.