ECHO WEST

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 57005District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$13.8 M
Jan 2022 – May 2026
Value, last 12 filed months
$400 k
at the published price for each month
Months reported
53
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
OilDisposition134,306 bbl$11,734,938
Casinghead gasProduction578,895 Mcf$2,055,509
Total$13,790,447

Every month this lease reported (53)

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

53 months

May 20265362,114106.413.05$63,475
Apr 20263572,22298.932.87$41,695
Mar 2026058889.753.15$1,852
Feb 2026187063.503.75$11,875
Jan 20265404,28659.138.00$66,209
Dec 20255436,56056.664.41$59,718
Nov 20251783658.593.93$10,570
Oct 20251611,62059.383.30$14,914
Sep 20253543,23062.743.08$32,148
Aug 20250063.933.01$0
Jul 20251,0604,77366.743.32$86,568
Jun 202503,64366.483.13$11,398
May 20251,24717,29760.553.23$131,415
Apr 202588911,28762.363.54$95,429
Mar 202571712,47667.704.27$101,792
Feb 20251,27011,92070.884.34$141,760
Jan 20251,09618,75774.324.28$161,710
Dec 202491119,49468.993.12$123,698
Nov 20241,08519,92769.052.20$118,728
Oct 20241,45019,77871.372.28$148,608
Sep 20241,23918,31869.612.36$129,557
Aug 20241,22917,26675.632.06$128,580
Jul 20241,41111,74179.932.15$137,984
Jun 20241,42310,22978.082.63$138,051
May 20241,25814,23078.812.20$130,427
Apr 20241,80718,67684.451.66$183,588
Mar 20241,62017,69880.301.55$157,432
Feb 20242,17418,28876.091.78$198,039
Jan 20242,16720,70373.023.30$226,506
Dec 20231,84823,71671.262.61$193,604
Nov 20232,51011,40777.892.81$227,530
Oct 20232,74924,91185.443.09$311,782
Sep 20232,53212,58189.042.74$259,859
Aug 20233,09412,17180.522.67$281,661
Jul 20231,8076,74674.852.64$153,076
Jun 20233,06924,23268.962.26$266,366
May 20233,23110,99670.622.23$252,666
Apr 20233,22511,46078.122.24$277,582
Mar 20233,81010,16572.852.39$301,885
Feb 20233,6579,43675.112.47$297,943
Jan 20234,21310,04476.533.39$356,447
Dec 20224,19110,20576.415.73$378,700
Nov 20224,8397,92685.005.65$456,067
Oct 20225,1115,93787.185.86$480,390
Sep 20224,9955,44284.888.16$468,402
Aug 20225,73610,72794.529.13$640,074
Jul 20225,69910,055101.587.54$654,740
Jun 20226,32613,838115.097.98$838,448
May 20227,55315,050109.378.43$952,989
Apr 20228,65412,820104.226.84$989,578
Mar 20228,8956,830108.885.08$1,003,159
Feb 20228,6075,04391.054.86$808,170
Jan 20221,046081.844.54$85,605

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                  536 bbl  × $106.41 =    $57,036
Casinghead gas     2,114 Mcf  × $  3.05 =     $6,439

────────────────────────────────────────────────────
Month total                                  $63,475

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/57005 is the state's own key, not one this site invented.