OLLIE CULWELL

Operated by SCOUT ENERGY MANAGEMENT LLC (P-5 760218) in the CAL-TEX (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31186District 7BField 14669666OilCasinghead gasSaveExport
Value, all time
$4.4 M
Mar 2013 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
159
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 16 leases and 21 wells, and the rule below applies to all of them.

Discovered
1955-07-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF 11/2011 - ELK.

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
OilDisposition54,230 bbl$3,834,365
Casinghead gasProduction172,995 Mcf$595,848
Total$4,430,213

Every month this lease reported (159)

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

159 months

May 20260713106.413.05$2,172
Apr 2026069098.932.87$1,980
Mar 2026071389.753.15$2,246
Feb 2026064463.503.75$2,415
Jan 202618071359.138.00$16,346
Dec 202517471356.664.41$13,006
Nov 2025069058.593.93$2,709
Oct 202518171359.383.30$13,104
Sep 202501,28762.743.08$3,960
Aug 202536971363.933.01$25,740
Jul 2025071366.743.32$2,364
Jun 202517369066.483.13$13,660
May 202518971360.553.23$13,749
Apr 202517069062.363.54$13,046
Mar 202518971367.704.27$15,839
Feb 2025066170.884.34$2,869
Jan 202518071374.324.28$16,428
Dec 2024071368.993.12$2,226
Nov 202427469069.052.20$20,437
Oct 202417971371.372.28$14,402
Sep 202418069469.612.36$14,171
Aug 2024077075.632.06$1,589
Jul 202417771379.932.15$15,678
Jun 202419970778.082.63$17,400
May 2024077278.812.20$1,697
Apr 202435969084.451.66$31,462
Mar 202419071380.301.55$16,359
Feb 202418166776.091.78$14,962
Jan 20242471373.023.30$4,104
Dec 202316871371.262.61$13,833
Nov 2023069077.892.81$1,937
Oct 202317071385.443.09$16,726
Sep 202317169089.042.74$17,113
Aug 202317271380.522.67$15,755
Jul 2023071374.852.64$1,884
Jun 202317169068.962.26$13,351
May 202316971370.622.23$13,523
Apr 202317569078.122.24$15,215
Mar 202317571372.852.39$14,455
Feb 2023064475.112.47$1,588
Jan 2023071376.533.39$2,415
Dec 2022333076.415.73$25,445
Nov 20220085.005.65$0
Oct 2022334087.185.86$29,118
Sep 20220084.888.16$0
Aug 2022170094.529.13$16,068
Jul 20221660101.587.54$16,862
Jun 20221710115.097.98$19,680
May 20221690109.378.43$18,484
Apr 20221680104.226.84$17,509
Mar 202200108.885.08$0
Feb 2022171091.054.86$15,570
Jan 20220081.844.54$0
Dec 2021174071.323.90$12,410
Nov 2021172077.435.24$13,318
Oct 2021170079.795.71$13,564
Sep 2021335069.865.35$23,403
Aug 20211654566.024.22$11,083
Jul 202106470.783.98$255
Jun 2021170069.493.38$11,813
May 2021341063.483.02$21,647
Apr 2021168060.362.76$10,140
Mar 2021174061.302.72$10,666
Feb 2021165057.805.55$9,537
Jan 2021166050.412.81$8,368
Dec 2020169044.642.68$7,544
Nov 2020166038.772.71$6,436
Oct 2020329036.972.48$12,163
Sep 2020167037.091.99$6,194
Aug 20201676839.982.39$6,839
Jul 202016822538.371.83$6,857
Jun 202016831434.901.69$6,394
May 2020166016.921.81$2,809
Apr 2020170014.751.80$2,508
Mar 202013818530.341.86$4,530
Feb 2020332049.881.98$16,560
Jan 20201672057.252.09$9,603
Dec 2019163059.012.30$9,619
Nov 20190055.302.75$0
Oct 20193301,54353.472.42$21,377
Sep 2019336055.052.66$18,497
Aug 2019164053.112.30$8,710
Jul 2019170056.272.46$9,566
Jun 2019171052.782.49$9,025
May 2019341058.482.74$19,942
Apr 20191842,90362.632.75$19,509
Mar 2019188056.803.06$10,678
Feb 2019289050.852.79$14,696
Jan 2019176046.033.23$8,101
Dec 2018168046.594.19$7,827
Nov 20180052.934.24$0
Oct 20183381,16561.443.40$24,725
Sep 20181701,18859.543.11$13,814
Aug 20183451,24759.403.07$24,317
Jul 20183361,27165.142.93$25,613
Jun 20181751,20460.183.08$14,236
May 20183331,22965.382.90$25,337
Apr 20183511,12063.842.90$25,657
Mar 20183421,20861.222.79$24,304
Feb 20183371,00061.782.77$23,586
Jan 20183351,23862.874.01$26,025
Dec 20173381,27557.272.92$23,082
Nov 20171751,29055.423.12$13,721
Oct 20175061,47649.292.98$29,345
Sep 201716659147.523.09$9,713
Aug 20171711,25545.373.00$11,529
Jul 20173451,35543.873.09$19,318
Jun 20175061,28142.493.09$25,455
May 20171691,35645.373.26$12,093
Apr 20174991,24947.933.21$27,928
Mar 20173401,32546.772.98$19,855
Feb 20173341,35850.452.95$20,860
Jan 20175161,60649.413.42$30,986
Dec 20163401,54548.763.72$22,330
Nov 20163431,42742.492.64$18,348
Oct 20163461,41846.193.09$20,364
Sep 20165131,46941.553.10$25,870
Aug 20163351,54341.442.92$18,395
Jul 20163341,54741.622.92$18,425
Jun 20165031,36545.352.69$26,477
May 20164971,46942.521.99$24,057
Apr 20163331,50236.561.99$15,165
Mar 20165161,52933.011.79$19,776
Feb 20163301,47926.472.06$11,787
Jan 20166811,97727.352.36$23,300
Dec 20151651,19432.362.00$7,729
Nov 20155091,64938.792.17$23,318
Oct 20155071,77043.552.43$26,375
Sep 20156731,77042.992.76$33,815
Aug 20153391,67340.162.87$18,420
Jul 20156881,83648.152.95$38,534
Jun 20153361,69656.152.88$23,756
May 20155051,62455.212.96$32,681
Apr 20155061,66449.822.71$29,713
Mar 20154991,77942.892.93$26,623
Feb 20155051,67544.662.98$27,538
Jan 20155111,99143.433.10$28,366
Dec 20146892,16954.693.59$45,471
Nov 20146982,29170.464.25$58,922
Oct 20147012,46578.303.90$64,504
Sep 20144872,29286.164.05$51,232
Aug 20148542,54189.394.04$86,592
Jul 20148642,54696.564.18$94,069
Jun 20147002,56698.164.74$80,867
May 20148592,76494.734.73$94,437
Apr 20147943,02195.944.81$90,705
Mar 20141,0343,15795.895.06$115,115
Feb 20148573,17797.406.19$103,144
Jan 20141,0003,50790.404.86$107,447
Dec 20138732,53791.824.35$91,206
Nov 20131,2023,81588.853.74$121,059
Oct 20131,2103,61197.423.78$131,525
Sep 20131,2073,829104.113.72$139,896
Aug 20131,3764,246104.253.52$158,405
Jul 20131,5434,485102.523.72$174,862
Jun 20131,6594,91494.403.93$175,938
May 20132,0285,68694.834.15$215,907
Apr 20131,6774,88893.964.28$178,504
Mar 20131691,81193.623.91$22,908

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                    0 bbl  × $106.41 =         $0
Casinghead gas       713 Mcf  × $  3.05 =     $2,172

────────────────────────────────────────────────────
Month total                                   $2,172

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. 7B/O/31186 is the state's own key, not one this site invented.