WILLIE 25

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 55478District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.1 M
Mar 2019 – May 2026
Value, last 12 filed months
$471 k
at the published price for each month
Months reported
87
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
OilDisposition71,591 bbl$5,780,470
Casinghead gasProduction326,353 Mcf$1,299,923
Total$7,080,393

Every month this lease reported (87)

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

87 months

May 20265693,411106.413.05$70,937
Apr 20263233,09398.932.87$40,830
Mar 20261282,51289.753.15$19,399
Feb 20262882,48963.503.75$27,623
Jan 20263593,26159.138.00$47,309
Dec 20252633,41056.664.41$29,951
Nov 20254463,58558.593.93$40,207
Oct 20253424,24859.383.30$34,347
Sep 20252944,67162.743.08$32,818
Aug 20253774,45063.933.01$37,517
Jul 20252595,09066.743.32$34,160
Jun 20255396,26666.483.13$55,437
May 20256176,31560.553.23$57,771
Apr 20255666,95462.363.54$59,935
Mar 20256487,46167.704.27$75,716
Feb 20256115,22270.884.34$65,976
Jan 20257327,72574.324.28$87,455
Dec 20248567,50268.993.12$82,472
Nov 20246957,34369.052.20$64,133
Oct 20247147,86471.372.28$68,899
Sep 20249637,56769.612.36$84,926
Aug 20245174,54275.632.06$48,474
Jul 20247215,30979.932.15$69,026
Jun 20246734,83278.082.63$65,275
May 20249764,93578.812.20$87,768
Apr 20248534,17184.451.66$78,956
Mar 20248642,39180.301.55$73,074
Feb 20249555,60876.091.78$82,669
Jan 20248685,10273.023.30$80,206
Dec 20231,1245,86871.262.61$95,416
Nov 20235424,85977.892.81$55,858
Oct 20237718,34385.443.09$91,631
Sep 20231,2049,71589.042.74$133,775
Aug 20231,2087,76780.522.67$118,028
Jul 20231,2349,20274.852.64$116,675
Jun 20231,9978,72968.962.26$157,427
May 20237094,86870.622.23$60,913
Apr 20237813,81078.122.24$69,538
Mar 20231,7187,37172.852.39$142,796
Feb 20231,2813,87075.112.47$105,758
Jan 20239625,49376.533.39$92,231
Dec 20222,2889,97476.415.73$231,968
Nov 20223,0259,14085.005.65$308,731
Oct 20222591,67787.185.86$32,413
Sep 20228184,28884.888.16$104,438
Aug 20222,47510,94594.529.13$333,834
Jul 20222,4645,270101.587.54$290,040
Jun 20222,1196,994115.097.98$299,668
May 20222,7177,999109.378.43$364,614
Apr 20222,2017,277104.226.84$279,145
Mar 20222,4186,588108.885.08$296,715
Feb 20221,7894,01791.054.86$182,406
Jan 20221,9003,42881.844.54$171,051
Dec 20211,7022,40971.323.90$130,780
Nov 20211,7023,05877.435.24$147,800
Oct 20211,8653,13079.795.71$166,693
Sep 20211,4122,17569.865.35$110,281
Aug 20211,7223,08966.024.22$126,724
Jul 20211,1362,59370.783.98$90,732
Jun 20211,6672,14669.493.38$123,095
May 20214,2061,84863.483.02$272,574
Apr 20216621,08460.362.76$42,948
Mar 2021495061.302.72$30,344
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20202044.642.68$89
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$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                  569 bbl  × $106.41 =    $60,547
Casinghead gas     3,411 Mcf  × $  3.05 =    $10,389

────────────────────────────────────────────────────
Month total                                  $70,937

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/55478 is the state's own key, not one this site invented.