OSCAR

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 51843District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$11.1 M
Aug 2018 – May 2026
Value, last 12 filed months
$610 k
at the published price for each month
Months reported
94
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
OilDisposition164,612 bbl$10,104,314
Casinghead gasProduction296,285 Mcf$1,037,335
Total$11,141,650

Every month this lease reported (94)

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

94 months

May 20265422,937106.413.05$66,620
Apr 20265422,79798.932.87$61,647
Mar 20267211,50589.753.15$69,450
Feb 20265432,51863.503.75$43,924
Jan 20265432,13559.138.00$49,183
Dec 20255302,56856.664.41$41,363
Nov 20255403,41558.593.93$45,047
Oct 20255242,31359.383.30$38,759
Sep 20258802,33262.743.08$62,387
Aug 202571782763.933.01$48,331
Jul 2025534066.743.32$35,639
Jun 2025715066.483.13$47,533
May 20257191,65160.553.23$48,872
Apr 20253561,03462.363.54$25,864
Mar 2025722067.704.27$48,879
Feb 2025546070.884.34$38,700
Jan 2025539074.324.28$40,058
Dec 2024736068.993.12$50,777
Nov 2024537069.052.20$37,080
Oct 2024552071.372.28$39,396
Sep 202489346169.612.36$63,252
Aug 20245301,77375.632.06$43,743
Jul 20247171,74179.932.15$61,047
Jun 20247111,66378.082.63$59,895
May 20247201,75178.812.20$60,593
Apr 20245391,39284.451.66$47,828
Mar 20245471,32680.301.55$45,973
Feb 20245451,40776.091.78$43,979
Jan 20247101,59673.023.30$57,107
Dec 20239162,08171.262.61$70,707
Nov 20231,2741,65577.892.81$103,878
Oct 202308885.443.09$272
Sep 202317857389.042.74$17,416
Aug 20231,0781,66280.522.67$91,243
Jul 20239043,22874.852.64$76,192
Jun 20231,0703,13168.962.26$80,859
May 20231,2573,31770.622.23$96,158
Apr 20239073,07678.122.24$77,738
Mar 20231,2373,23772.852.39$97,862
Feb 20231,0643,22775.112.47$87,874
Jan 20231,4993,69676.533.39$127,239
Dec 20221,0963,18776.415.73$102,004
Nov 20221,3153,45085.005.65$131,254
Oct 20221,5053,73287.185.86$153,089
Sep 20221,1173,74784.888.16$125,400
Aug 20221,4374,15894.529.13$173,776
Jul 20221,4213,419101.587.54$170,132
Jun 20221,7712,691115.097.98$225,291
May 20221,6863,226109.378.43$211,603
Apr 20221,1293,718104.226.84$143,087
Mar 20221,6693,950108.885.08$201,773
Feb 20221,3523,09691.054.86$138,143
Jan 20221,3703,69081.844.54$128,865
Dec 20211,6103,94771.323.90$130,215
Nov 20211,2983,90077.435.24$120,928
Oct 20211,5464,15679.795.71$147,102
Sep 20211,3324,07669.865.35$114,864
Aug 20211,6684,31266.024.22$128,321
Jul 20211,6332,81570.783.98$126,793
Jun 20211,4784,07569.493.38$116,482
May 20211,6304,25963.483.02$116,325
Apr 20211,7673,98260.362.76$117,640
Mar 20211,8083,98961.302.72$121,668
Feb 20211,2642,77857.805.55$88,471
Jan 20212,1403,71250.412.81$118,309
Dec 20202,4494,10644.642.68$120,309
Nov 20201,0701,62738.772.71$45,887
Oct 20201,7884,80036.972.48$77,999
Sep 20202,2885,16437.091.99$95,144
Aug 20202,2864,86539.982.39$102,998
Jul 20202,3473,81838.371.83$97,023
Jun 20203,5914,07134.901.69$132,207
May 202031,41416.921.81$2,617
Apr 20208251,61814.751.80$15,088
Mar 20202,9015,85230.341.86$98,879
Feb 20202,7395,69849.881.98$147,907
Jan 20202,6485,83257.252.09$163,815
Dec 20193,1555,64559.012.30$199,185
Nov 20192,9996,40755.302.75$183,468
Oct 20193,6756,48453.472.42$212,184
Sep 20193,4224,63655.052.66$200,700
Aug 20194,1535,70853.112.30$233,719
Jul 20194,1945,61056.272.46$249,797
Jun 20193,8985,76152.782.49$220,088
May 20194,9456,82658.482.74$307,889
Apr 20194,8616,57962.632.75$322,541
Mar 20195,2485,95056.803.06$316,306
Feb 20194,4285,27550.852.79$239,893
Jan 20196,1994,12246.033.23$298,647
Dec 20185,5546,19046.594.19$284,669
Nov 20186,6335,88552.934.24$376,021
Oct 20185,6135,27561.443.40$362,788
Sep 20184,1563,95959.543.11$259,753
Aug 20181,16893059.403.07$72,231

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                  542 bbl  × $106.41 =    $57,674
Casinghead gas     2,937 Mcf  × $  3.05 =     $8,946

────────────────────────────────────────────────────
Month total                                  $66,620

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/51843 is the state's own key, not one this site invented.