SCHILLER

Operated by STRAND ENERGY, L.C. (P-5 824758) in the NEW ULM (LWR WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27952District 03Field 65248075OilCasinghead gasSaveExport
Value, all time
$891 k
Apr 2022 – May 2026
Value, last 12 filed months
$407 k
at the published price for each month
Months reported
50
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 40 leases and 44 wells, and the rule below applies to all of them.

Discovered
2006-10-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-10-10.

The Commission's schedule remark for this field reads: AND TWO PART ALLOCATION FORMULA WHICH IS SUSPENDED.

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
OilDisposition10,334 bbl$762,679
Casinghead gasProduction38,917 Mcf$128,349
Total$891,028

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.9068, -96.4290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

29.90677, -96.42900 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,288 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 9,605 and 10,970 ft, median 10,288 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2025 – Apr 2025
2 of 2 wells

2 wells

42-0150057819,605 ftApr 2025
42-01530276510,970 ftFeb 2025

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (50)

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

50 months

May 2026544990106.413.05$60,902
Apr 202636572598.932.87$38,190
Mar 202634995089.753.15$34,315
Feb 202634693763.503.75$25,485
Jan 20261761,01959.138.00$18,557
Dec 20255431,22156.664.41$36,155
Nov 20253471,06358.593.93$24,505
Oct 20255241,06359.383.30$34,628
Sep 202554791662.743.08$37,137
Aug 202533694163.933.01$24,317
Jul 20255091,00966.743.32$37,316
Jun 202550765966.483.13$35,767
May 20255261,01960.553.23$35,143
Apr 202535797562.363.54$25,717
Mar 20255341,09067.704.27$40,804
Feb 202517454970.884.34$14,716
Jan 2025846074.324.28$2,563
Dec 202417985868.993.12$15,027
Nov 2024069069.052.20$1,517
Oct 20241886371.372.28$3,254
Sep 202417692769.612.36$14,443
Aug 20241751,10075.632.06$15,505
Jul 2024211,12379.932.15$4,089
Jun 202426168878.082.63$22,191
May 2024054278.812.20$1,192
Apr 202418183684.451.66$16,673
Mar 202419094980.301.55$16,723
Feb 2024096776.091.78$1,725
Jan 2024051973.023.30$1,711
Dec 20231971,15371.262.61$17,048
Nov 2023098777.892.81$2,771
Oct 202317298185.443.09$17,724
Sep 202317184789.042.74$17,542
Aug 202301,33080.522.67$3,555
Jul 202318694174.852.64$16,408
Jun 20231881,05168.962.26$15,338
May 20232061,24970.622.23$17,330
Apr 202301,32778.122.24$2,970
Mar 202319189072.852.39$16,044
Feb 202308475.112.47$207
Jan 20231888176.533.39$14,662
Dec 2022176676.415.73$13,483
Nov 20220085.005.65$0
Oct 202204287.185.86$246
Sep 2022183084.888.16$15,533
Aug 2022719294.529.13$2,414
Jul 2022304749101.587.54$36,529
Jun 2022167490115.097.98$23,129
May 20220590109.378.43$4,975
Apr 2022105279104.226.84$12,851

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                  544 bbl  × $106.41 =    $57,887
Casinghead gas       990 Mcf  × $  3.05 =     $3,015

────────────────────────────────────────────────────
Month total                                  $60,902

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/O/27952 is the state's own key, not one this site invented.