WILLIAMS UNIT

Operated by STRAWN PETROLEUM OPERATING, LLC (P-5 825820) 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 49682District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$26.9 M
Nov 2016 – May 2026
Value, last 12 filed months
$782 k
at the published price for each month
Months reported
115
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
OilDisposition399,363 bbl$21,975,165
Casinghead gasProduction1,582,802 Mcf$4,931,180
Total$26,906,345

Every month this lease reported (115)

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

115 months

May 20263564,360106.413.05$51,162
Apr 20267208,65598.932.87$96,067
Mar 20267108,94689.753.15$91,897
Feb 20265446,77663.503.75$59,956
Jan 20263593,31559.138.00$47,741
Dec 20255227,51856.664.41$62,756
Nov 20251,07812,62958.593.93$112,747
Oct 20258908,07659.383.30$79,538
Sep 20253291,39762.743.08$24,940
Aug 20257084,30363.933.01$58,235
Jul 20257143,93366.743.32$60,691
Jun 20253504,24466.483.13$36,546
May 20253534,72860.553.23$36,657
Apr 20257144,93862.363.54$62,021
Mar 20257225,09667.704.27$70,631
Feb 20255464,36070.884.34$57,627
Jan 2025544074.324.28$40,430
Dec 20246965,55068.993.12$65,341
Nov 2024546069.052.20$37,701
Oct 202454087071.372.28$40,525
Sep 20247087,62969.612.36$67,322
Aug 20245317,78075.632.06$56,215
Jul 20247077,95379.932.15$73,582
Jun 20241,0617,39178.082.63$102,311
May 20248996,07478.812.20$84,204
Apr 20248937,80284.451.66$88,359
Mar 20241,0937,31680.301.55$99,072
Feb 20249007,00476.091.78$80,974
Jan 20241,0945,96973.023.30$99,568
Dec 20235415,38471.262.61$52,608
Nov 20231,0326,43177.892.81$98,438
Oct 20231,26710,68585.443.09$141,240
Sep 20231,6099,88889.042.74$170,309
Aug 20231,4628,05680.522.67$139,253
Jul 20231,2916,91674.852.64$114,902
Jun 20231,6026,89668.962.26$126,048
May 20231,8198,41570.622.23$147,201
Apr 20231,6047,22178.122.24$141,463
Mar 20232,1545,77872.852.39$170,747
Feb 20231,775075.112.47$133,320
Jan 20232,2365,62776.533.39$190,184
Dec 20221,6635,47576.415.73$158,437
Nov 20229122,88185.005.65$93,787
Oct 20221,9235,66587.185.86$200,865
Sep 20221,3295,41184.888.16$156,979
Aug 20221,0834,54594.529.13$143,848
Jul 202200101.587.54$0
Jun 202218235115.097.98$21,226
May 20222,0785,448109.378.43$273,214
Apr 20221,3246,057104.226.84$179,403
Mar 20221801,520108.885.08$27,315
Feb 20221,1653,13791.054.86$121,315
Jan 20221,4085,17081.844.54$138,691
Dec 20211,0632,69571.323.90$86,321
Nov 20213672,65677.435.24$42,326
Oct 20211,88611,24079.795.71$214,708
Sep 20211,50912,48369.865.35$172,214
Aug 20215543,93366.024.22$53,175
Jul 20216408,19870.783.98$77,944
Jun 20211,46915,69169.493.38$155,126
May 20211,61718,90863.483.02$159,705
Apr 20212,28320,27860.362.76$193,737
Mar 20211,81617,34961.302.72$158,457
Feb 20211,0758,17257.805.55$107,473
Jan 20212,34719,01750.412.81$171,755
Dec 20202,07016,34944.642.68$136,146
Nov 20202,30614,74438.772.71$129,309
Oct 20202,29920,94136.972.48$136,895
Sep 20203,14917,67837.091.99$151,994
Aug 20203,85022,49339.982.39$207,571
Jul 20205,09119,38038.371.83$230,713
Jun 20204,31219,62434.901.69$183,659
May 202004916.921.81$89
Apr 20201,2314,65014.751.80$26,548
Mar 20203,06513,32630.341.86$117,728
Feb 20202,15810,41849.881.98$128,276
Jan 20202,27911,02157.252.09$153,559
Dec 20191,3659,15159.012.30$101,636
Nov 201914042055.302.75$8,897
Oct 20192,48318,24653.472.42$176,895
Sep 20192,75313,64055.052.66$187,798
Aug 20193,46621,37853.112.30$233,342
Jul 20194,07325,34756.272.46$291,543
Jun 20193,33818,58152.782.49$222,469
May 20193,23223,96558.482.74$254,679
Apr 20193,78327,36362.632.75$312,197
Mar 20193,68729,72656.803.06$300,446
Feb 20194,02530,84250.852.79$290,789
Jan 20195,15426,69146.033.23$323,402
Dec 20185,13037,16546.594.19$394,559
Nov 20186,03038,67152.934.24$483,026
Oct 20187,75434,56361.443.40$593,854
Sep 20185,06017,43359.543.11$355,454
Aug 20184,50614,52859.403.07$312,207
Jul 20182,88413,92265.142.93$228,681
Jun 20186,05435,76660.183.08$474,379
May 20187,12044,34565.382.90$594,142
Apr 20188,12844,63363.842.90$648,363
Mar 20188,65146,64361.222.79$659,601
Feb 20189,07244,89561.782.77$684,653
Jan 201810,77742,23362.874.01$846,876
Dec 20178,35524,38457.272.92$549,729
Nov 201713,48055,08155.423.12$918,824
Oct 201711,45034,70449.292.98$667,916
Sep 201711,55728,00047.523.09$635,632
Aug 201714,41328,11645.373.00$738,390
Jul 201720,14438,98843.873.09$1,004,084
Jun 201717,31731,13642.493.09$831,925
May 201713,86617,19845.373.26$685,224
Apr 201714,65214,55147.933.21$749,002
Mar 201716,66814,57046.772.98$823,035
Feb 201713,70611,30050.452.95$724,832
Jan 201716,59214,21949.413.42$868,423
Dec 20168,5967,86248.763.72$448,410
Nov 20160042.492.64$0

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                  356 bbl  × $106.41 =    $37,882
Casinghead gas     4,360 Mcf  × $  3.05 =    $13,280

────────────────────────────────────────────────────
Month total                                  $51,162

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/49682 is the state's own key, not one this site invented.