CASCADE -B-

Operated by SCHLACHTER OPERATING CORPORATION (P-5 753981) in the MARTIN (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40008District 08Field 57774275Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.8 M
Jun 2010 – May 2026
Value, last 12 filed months
$135 k
at the published price for each month
Months reported
192
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 118 leases and 585 wells, and the rule below applies to all of them.

Discovered
2000-11-20
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 10 acres. The field rule took effect on 2010-06-22.

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: UNIVERSITY WELL #1 (API #003-00649).

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
OilDisposition34,736 bbl$2,432,462
Casinghead gasProduction95,045 Mcf$339,234
Total$2,771,695

Wells on this lease (3)

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 32.2159, -102.7904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.21592, -102.79054 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
6,498 ft
3 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.
3100.0%

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 5,829 and 6,500 ft, median 6,498 ft, over the 3 wells that filed a depth.

Completions filed
Aug 1981 – Mar 1982
3 of 3 wells

3 wells

42-0033301635,829 ftMar 1982
42-0030024116,500 ftSep 1981
42-0030024326,498 ftAug 1981

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 (192)

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

192 months

May 20261680106.413.05$17,877
Apr 2026180098.932.87$17,807
Mar 2026179089.753.15$16,065
Feb 2026166063.503.75$10,541
Jan 2026173059.138.00$10,229
Dec 2025135056.664.41$7,649
Nov 2025171058.593.93$10,019
Oct 2025177059.383.30$10,510
Sep 20250062.743.08$0
Aug 2025177063.933.01$11,316
Jul 2025172066.743.32$11,479
Jun 2025174066.483.13$11,568
May 2025180060.553.23$10,899
Apr 2025177062.363.54$11,038
Mar 20250067.704.27$0
Feb 2025175070.884.34$12,404
Jan 2025173074.324.28$12,857
Dec 2024175068.993.12$12,073
Nov 2024175069.052.20$12,084
Oct 2024173071.372.28$12,347
Sep 2024172069.612.36$11,973
Aug 20240075.632.06$0
Jul 2024176079.932.15$14,068
Jun 2024170078.082.63$13,274
May 2024181078.812.20$14,265
Apr 2024173084.451.66$14,610
Mar 2024179080.301.55$14,374
Feb 2024178076.091.78$13,544
Jan 2024173073.023.30$12,632
Dec 20230071.262.61$0
Nov 2023177077.892.81$13,787
Oct 2023169085.443.09$14,439
Sep 2023178089.042.74$15,849
Aug 2023177080.522.67$14,252
Jul 2023183074.852.64$13,698
Jun 20230068.962.26$0
May 2023176070.622.23$12,429
Apr 2023176078.122.24$13,749
Mar 2023179072.852.39$13,040
Feb 2023171075.112.47$12,844
Jan 2023177076.533.39$13,546
Dec 2022175076.415.73$13,372
Nov 2022167085.005.65$14,195
Oct 2022174087.185.86$15,169
Sep 2022168084.888.16$14,260
Aug 20220094.529.13$0
Jul 20221620101.587.54$16,456
Jun 20221740115.097.98$20,026
May 20221690109.378.43$18,484
Apr 20221700104.226.84$17,717
Mar 20221740108.885.08$18,945
Feb 2022173091.054.86$15,752
Jan 2022172081.844.54$14,076
Dec 2021167071.323.90$11,910
Nov 2021172077.435.24$13,318
Oct 2021165079.795.71$13,165
Sep 2021168069.865.35$11,736
Aug 2021167066.024.22$11,025
Jul 2021168070.783.98$11,891
Jun 2021170069.493.38$11,813
May 2021113063.483.02$7,173
Apr 2021166060.362.76$10,020
Mar 2021174061.302.72$10,666
Feb 2021166057.805.55$9,595
Jan 2021173050.412.81$8,721
Dec 2020169044.642.68$7,544
Nov 2020171038.772.71$6,630
Oct 20200036.972.48$0
Sep 2020338037.091.99$12,536
Aug 2020168039.982.39$6,717
Jul 2020170038.371.83$6,523
Jun 2020168034.901.69$5,863
May 202007416.921.81$134
Apr 202016212314.751.80$2,611
Mar 202017315530.341.86$5,537
Feb 202022437449.881.98$11,914
Jan 202034619557.252.09$20,217
Dec 20191672459.012.30$9,910
Nov 20190055.302.75$0
Oct 2019341053.472.42$18,233
Sep 20191667055.052.66$9,324
Aug 2019030753.112.30$707
Jul 201933852256.272.46$20,303
Jun 201917373252.782.49$10,955
May 201917084258.482.74$12,249
Apr 20191711,25762.632.75$14,167
Mar 20193541,33856.803.06$24,204
Feb 20191791,38350.852.79$12,964
Jan 20191761,33646.033.23$12,414
Dec 20181751,37946.594.19$13,925
Nov 20181731,35752.934.24$14,907
Oct 201801,23061.443.40$4,180
Sep 20181791,19059.543.11$14,356
Aug 20181781,34759.403.07$14,704
Jul 20181791,36665.142.93$15,665
Jun 201801,24660.183.08$3,834
May 20181771,50565.382.90$15,938
Apr 20183571,20863.842.90$26,295
Mar 201801,50161.222.79$4,183
Feb 20183561,34761.782.77$25,720
Jan 20181751,51562.874.01$17,076
Dec 20171771,50057.272.92$14,519
Nov 20171791,41555.423.12$14,333
Oct 20171791,15849.292.98$12,278
Sep 20171731,33947.523.09$12,355
Aug 20173511,38845.373.00$20,095
Jul 20171701,42343.873.09$11,851
Jun 20171781,42942.493.09$11,975
May 20175001,44445.373.26$27,397
Apr 20171801,34847.933.21$12,957
Mar 201701,31046.772.98$3,909
Feb 2017178050.452.95$8,980
Jan 2017343049.413.42$16,948
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016180046.193.09$8,314
Sep 2016179041.553.10$7,437
Aug 2016177041.442.92$7,335
Jul 2016177041.622.92$7,367
Jun 2016347045.352.69$15,736
May 20160042.521.99$0
Apr 2016337036.561.99$12,321
Mar 2016178033.011.79$5,876
Feb 2016321026.472.06$8,497
Jan 2016321027.352.36$8,779
Dec 2015164032.362.00$5,307
Nov 20150038.792.17$0
Oct 2015181043.552.43$7,883
Sep 2015178042.992.76$7,652
Aug 2015351040.162.87$14,096
Jul 2015351048.152.95$16,901
Jun 2015180056.152.88$10,107
May 20150055.212.96$0
Apr 2015172049.822.71$8,569
Mar 2015341042.892.93$14,625
Feb 2015160044.662.98$7,146
Jan 20150043.433.10$0
Dec 2014159054.693.59$8,696
Nov 20140070.464.25$0
Oct 2014179078.303.90$14,016
Sep 2014156086.164.05$13,441
Aug 20143298489.394.04$29,748
Jul 201401,34896.564.18$5,634
Jun 20141801,37298.164.74$24,168
May 201436189494.734.73$38,423
Apr 201418045095.944.81$19,433
Mar 20141801,60195.895.06$25,356
Feb 20141841,23197.406.19$25,544
Jan 20143581,55390.404.86$39,912
Dec 20131771,59691.824.35$23,202
Nov 201318150388.853.74$17,962
Oct 20131771,22897.423.78$21,884
Sep 20131891,224104.113.72$24,227
Aug 2013178897104.253.52$21,716
Jul 2013346815102.523.72$38,502
Jun 201317821294.403.93$17,637
May 201317966594.834.15$19,734
Apr 20131811,20893.964.28$22,180
Mar 20131801,31793.623.91$22,005
Feb 20131771,22891.233.42$20,347
Jan 20133621,30891.603.42$37,632
Dec 201215979086.773.42$16,498
Nov 20123584586.953.62$31,291
Oct 201201989.383.40$65
Sep 201235557994.672.92$35,298
Aug 20121701,30692.662.91$19,550
Jul 20121621,17085.133.02$17,325
Jun 20121691,25979.822.52$16,661
May 20123451,24891.612.49$34,711
Apr 20121731,196101.652.00$19,974
Mar 20121731,246105.052.22$20,942
Feb 20121811,137101.102.57$21,221
Jan 20123501,29098.092.73$37,858
Dec 20111681,30996.873.24$20,515
Nov 20111711,36795.723.31$20,895
Oct 20111671,33284.983.65$19,052
Sep 20113331,34283.623.99$33,194
Aug 20111671,42083.404.15$19,820
Jul 20111731,37694.144.52$22,502
Jun 20111721,23592.904.64$21,709
May 20111741,24798.134.40$22,567
Apr 20113431,254105.964.33$41,778
Mar 20111661,25496.364.06$21,084
Feb 20111751,35485.644.18$20,647
Jan 20111721,45086.504.59$21,532
Dec 20101731,42785.734.35$21,036
Nov 201034276180.843.80$30,536
Oct 20101711,27878.103.51$17,839
Sep 20101691,22672.633.98$17,153
Aug 20103341,14173.684.42$29,652
Jul 20101611,38472.554.74$18,236
Jun 20103511,19270.364.91$30,550

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                  168 bbl  × $106.41 =    $17,877
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,877

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/40008 is the state's own key, not one this site invented.