CRAWFORD "A"

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 5779District 8AField 82710498Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$237 k
Jan 1993 – Nov 2002
Value, last 12 filed months
$22 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
OilDisposition12,444 bbl$237,465
Casinghead gasProduction21 Mcf$0
Total$237,465

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 2002225024.583.06$5,531
Jun 200284023.733.34$1,993
May 2002132024.663.58$3,255
Apr 200285023.653.51$2,010
Mar 2002175022.003.10$3,850
Feb 200286018.222.38$1,567
Jan 2002130017.172.38$2,232
Dec 200185016.932.36$1,439
Nov 2001133018.072.41$2,403
Oct 200185019.782.53$1,681
Sep 2001134024.262.25$3,251
Aug 200185024.873.05$2,114
Jul 2001131023.933.20$3,135
Jun 200185024.563.82$2,088
May 2001132025.524.31$3,369
Apr 200185024.685.34$2,098
Mar 2001133024.545.38$3,264
Feb 2001214027.755.77$5,939
Jan 200177027.478.40$2,115
Dec 20000026.889.12$0
Nov 200084032.215.66$2,706
Oct 2000133031.235.15$4,154
Sep 200084031.875.19$2,677
Aug 2000131029.644.54$3,883
Jul 200085028.534.09$2,425
Jun 2000127029.304.40$3,721
May 2000210027.263.68$5,725
Apr 200085024.513.12$2,083
Mar 2000133028.422.86$3,780
Feb 20000027.622.73$0
Jan 2000262025.272.48$6,621
Dec 1999128024.282.42$3,108
Nov 19990023.192.43$0
Oct 1999280020.982.80$5,874
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199911409.981.82$1,138
Jan 19990010.381.90$0
Dec 19988209.201.77$754
Nov 19980010.892.19$0
Oct 1998136012.421.97$1,689
Sep 1998128012.592.08$1,612
Aug 19980011.301.91$0
Jul 1998205011.742.24$2,407
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998123014.702.15$1,808
Dec 199792016.322.41$1,501
Nov 19970018.193.09$0
Oct 199791019.253.15$1,752
Sep 199794017.742.95$1,668
Aug 19970017.862.55$0
Jul 199792017.582.25$1,617
Jun 1997130017.242.26$2,241
May 1997213018.972.31$4,041
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 199796020.492.21$1,967
Jan 19970023.483.54$0
Dec 1996212023.32$4,944
Nov 19960021.97$0
Oct 199686023.31$2,005
Sep 19960022.22$0
Aug 1996130020.26$2,634
Jul 19960019.55$0
Jun 1996216018.73$4,046
May 199693019.43$1,807
Apr 1996216021.51$4,646
Mar 19960019.38$0
Feb 1996130016.98$2,207
Jan 1996127017.07$2,168
Dec 1995131017.19$2,252
Nov 1995228016.00$3,648
Oct 199592015.43$1,420
Sep 1995227016.18$3,673
Aug 1995183015.92$2,913
Jul 199590015.24$1,372
Jun 1995224016.41$3,676
May 19950017.56$0
Apr 1995196017.73$3,475
Mar 199594016.44$1,545
Feb 1995132016.58$2,189
Jan 19950015.92$0
Dec 1994216015.03$3,246
Nov 1994139015.90$2,210
Oct 1994235015.58$3,661
Sep 1994228115.29$3,486
Aug 199494116.13$1,516
Jul 1994231117.56$4,056
Jun 1994122117.09$2,085
May 1994228115.88$3,621
Apr 199495114.14$1,343
Mar 1994136112.46$1,695
Feb 1994230112.50$2,875
Jan 1994217112.66$2,747
Dec 199392112.33$1,134
Nov 1993132114.49$1,913
Oct 1993229115.85$3,630
Sep 199394115.03$1,413
Aug 1993137115.66$2,145
Jul 1993227115.46$3,509
Jun 199393116.79$1,561
May 1993135117.68$2,387
Apr 1993231118.05$4,170
Mar 199394118.14$1,705
Feb 1993230117.90$4,117
Jan 1993138116.93$2,336

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                  225 bbl  × $ 24.58 =     $5,531
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                   $5,531

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/5779 is the state's own key, not one this site invented.