STRAIN

Operated by SCHLACHTER OPERATING CORPORATION (P-5 753981) in the SHARON RIDGE (1700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5655District 8AField 82710498Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$136 k
Jan 1993 – Nov 2002
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
119
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 403 leases and 3,269 wells, and the rule below applies to all of them.

Discovered
1923-12-29
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
165 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2014-02-18.

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: REQUIRED.

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
OilDisposition7,424 bbl$136,389
Casinghead gasProduction21 Mcf$0
Total$136,389

21 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (119)

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

119 months

Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002114024.583.06$2,802
Jun 20020023.733.34$0
May 200276024.663.58$1,874
Apr 200278023.653.51$1,845
Mar 20020022.003.10$0
Feb 200267018.222.38$1,221
Jan 20020017.172.38$0
Dec 200178016.932.36$1,321
Nov 200192018.072.41$1,662
Oct 20010019.782.53$0
Sep 200178024.262.25$1,892
Aug 200176024.873.05$1,890
Jul 20010023.933.20$0
Jun 200180024.563.82$1,965
May 200178025.524.31$1,991
Apr 20010024.685.34$0
Mar 200180024.545.38$1,963
Feb 20010027.755.77$0
Jan 200174027.478.40$2,033
Dec 200074026.889.12$1,989
Nov 20000032.215.66$0
Oct 200077031.235.15$2,405
Sep 200077031.875.19$2,454
Aug 20000029.644.54$0
Jul 200081028.534.09$2,311
Jun 200078029.304.40$2,285
May 20000027.263.68$0
Apr 200079024.513.12$1,936
Mar 200074028.422.86$2,103
Feb 20000027.622.73$0
Jan 200069025.272.48$1,744
Dec 199971024.282.42$1,724
Nov 199971023.192.43$1,646
Oct 19990020.982.80$0
Sep 199951021.752.62$1,109
Aug 199952019.262.88$1,002
Jul 199950017.892.37$895
Jun 199955015.942.36$877
May 199954015.792.32$853
Apr 199959015.102.21$891
Mar 199962012.471.84$773
Feb 19997009.981.82$699
Jan 199965010.381.90$675
Dec 1998009.201.77$0
Nov 199855010.892.19$599
Oct 199849012.421.97$609
Sep 199856012.592.08$705
Aug 199861011.301.91$689
Jul 199866011.742.24$775
Jun 199862011.242.24$697
May 19980012.622.21$0
Apr 199873013.042.51$952
Mar 199873012.802.31$934
Feb 199863013.952.30$879
Jan 199867014.702.15$985
Dec 19970016.322.41$0
Nov 199766018.193.09$1,201
Oct 199776019.253.15$1,463
Sep 19970017.742.95$0
Aug 199770017.862.55$1,250
Jul 199774017.582.25$1,301
Jun 19970017.242.26$0
May 199775018.972.31$1,423
Apr 199772017.882.08$1,287
Mar 199770018.951.94$1,327
Feb 19970020.492.21$0
Jan 199769023.483.54$1,620
Dec 199668023.32$1,586
Nov 199674021.97$1,626
Oct 19960023.31$0
Sep 199675022.22$1,667
Aug 199675020.26$1,520
Jul 199677019.55$1,505
Jun 19960018.73$0
May 199673019.43$1,418
Apr 199671021.51$1,527
Mar 199672019.38$1,395
Feb 199674016.98$1,257
Jan 199676017.07$1,297
Dec 199575017.19$1,289
Nov 199574016.00$1,184
Oct 199568015.43$1,049
Sep 19950016.18$0
Aug 199573015.92$1,162
Jul 199572015.24$1,097
Jun 199573016.41$1,198
May 199574017.56$1,299
Apr 199573017.73$1,294
Mar 199577016.44$1,266
Feb 199574016.58$1,227
Jan 199577015.92$1,226
Dec 199474015.03$1,112
Nov 199475015.90$1,193
Oct 199477015.58$1,200
Sep 199473115.29$1,116
Aug 199474116.13$1,194
Jul 1994158117.56$2,774
Jun 199475117.09$1,282
May 199475115.88$1,191
Apr 199474114.14$1,046
Mar 199473112.46$910
Feb 199472112.50$900
Jan 1994150112.66$1,899
Dec 199372112.33$888
Nov 199378114.49$1,130
Oct 1993154115.85$2,441
Sep 199373115.03$1,097
Aug 1993144115.66$2,255
Jul 199370115.46$1,082
Jun 1993145116.79$2,435
May 199373117.68$1,291
Apr 1993135118.05$2,437
Mar 1993146118.14$2,648
Feb 1993148117.90$2,649
Jan 1993154116.93$2,607

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.

Jul 2002 — as filed, then multipliedworked
Oil                  114 bbl  × $ 24.58 =     $2,802
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                   $2,802

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. 8A/O/5655 is the state's own key, not one this site invented.