STRAIN, E. T.

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 5782District 8AField 82710498Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Nov 2002
Value, last 12 filed months
$67 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
OilDisposition73,410 bbl$1,343,038
Casinghead gasProduction21 Mcf$0
Total$1,343,038

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 2002529024.583.06$13,003
Jun 2002333023.733.34$7,902
May 2002334024.663.58$8,236
Apr 2002170023.653.51$4,021
Mar 2002587022.003.10$12,914
Feb 2002338018.222.38$6,158
Jan 2002513017.172.38$8,808
Dec 2001343016.932.36$5,807
Nov 2001345018.072.41$6,234
Oct 2001517019.782.53$10,226
Sep 2001506024.262.25$12,276
Aug 2001337024.873.05$8,381
Jul 2001669023.933.20$16,009
Jun 2001512024.563.82$12,575
May 2001684025.524.31$17,456
Apr 2001337024.685.34$8,317
Mar 2001501024.545.38$12,295
Feb 2001520027.755.77$14,430
Jan 2001510027.478.40$14,010
Dec 2000518026.889.12$13,924
Nov 2000174032.215.66$5,605
Oct 2000507031.235.15$15,834
Sep 2000503031.875.19$16,031
Aug 2000341029.644.54$10,107
Jul 2000514028.534.09$14,664
Jun 2000677029.304.40$19,836
May 2000508027.263.68$13,848
Apr 2000498024.513.12$12,206
Mar 2000673028.422.86$19,127
Feb 2000513027.622.73$14,169
Jan 2000684025.272.48$17,285
Dec 1999674024.282.42$16,365
Nov 1999343023.192.43$7,954
Oct 1999708020.982.80$14,854
Sep 1999671021.752.62$14,594
Aug 1999504019.262.88$9,707
Jul 1999506017.892.37$9,052
Jun 1999502015.942.36$8,002
May 1999508015.792.32$8,021
Apr 1999666015.102.21$10,057
Mar 1999513012.471.84$6,397
Feb 199951009.981.82$5,090
Jan 1999668010.381.90$6,934
Dec 199872209.201.77$6,642
Nov 1998350010.892.19$3,812
Oct 1998681012.421.97$8,458
Sep 1998691012.592.08$8,700
Aug 1998682011.301.91$7,707
Jul 1998493011.742.24$5,788
Jun 1998667011.242.24$7,497
May 1998690012.622.21$8,708
Apr 1998688013.042.51$8,972
Mar 1998684012.802.31$8,755
Feb 1998514013.952.30$7,170
Jan 1998515014.702.15$7,571
Dec 1997682016.322.41$11,130
Nov 1997528018.193.09$9,604
Oct 1997698019.253.15$13,437
Sep 1997517017.742.95$9,172
Aug 1997691017.862.55$12,341
Jul 1997517017.582.25$9,089
Jun 1997677017.242.26$11,671
May 1997687018.972.31$13,032
Apr 1997509017.882.08$9,101
Mar 1997517018.951.94$9,797
Feb 1997715020.492.21$14,650
Jan 1997512023.483.54$12,022
Dec 1996871023.32$20,312
Nov 1996513021.97$11,271
Oct 1996682023.31$15,897
Sep 1996843022.22$18,731
Aug 1996687020.26$13,919
Jul 1996863019.55$16,872
Jun 1996671018.73$12,568
May 1996689019.43$13,387
Apr 1996826021.51$17,767
Mar 1996725019.38$14,051
Feb 1996709016.98$12,039
Jan 1996715017.07$12,205
Dec 1995517017.19$8,887
Nov 1995896016.00$14,336
Oct 1995712015.43$10,986
Sep 1995830016.18$13,429
Aug 1995844015.92$13,436
Jul 1995872015.24$13,289
Jun 1995675016.41$11,077
May 1995664017.56$11,660
Apr 1995877017.73$15,549
Mar 1995537016.44$8,828
Feb 1995679016.58$11,258
Jan 1995895015.92$14,248
Dec 1994860015.03$12,926
Nov 1994677015.90$10,764
Oct 1994863015.58$13,446
Sep 1994842115.29$12,874
Aug 1994684116.13$11,033
Jul 1994829117.56$14,557
Jun 1994692117.09$11,826
May 1994846115.88$13,434
Apr 1994859114.14$12,146
Mar 1994805112.46$10,030
Feb 1994820112.50$10,250
Jan 1994816112.66$10,331
Dec 1993960112.33$11,837
Nov 1993815114.49$11,809
Oct 1993810115.85$12,839
Sep 1993810115.03$12,174
Aug 19931,167115.66$18,275
Jul 1993831115.46$12,847
Jun 1993478116.79$8,026
May 1993803117.68$14,197
Apr 1993830118.05$14,982
Mar 1993973118.14$17,650
Feb 1993657117.90$11,760
Jan 1993796116.93$13,476

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                  529 bbl  × $ 24.58 =    $13,003
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                  $13,003

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/5782 is the state's own key, not one this site invented.