STRAIN, L. A. "BD"

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 5791District 8AField 82710498Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$395 k
Jan 1993 – Nov 2002
Value, last 12 filed months
$33 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
OilDisposition20,906 bbl$394,774
Casinghead gasProduction25 Mcf$11
Total$394,784

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 2002247024.583.06$6,071
Jun 2002156023.733.34$3,702
May 2002158024.663.58$3,896
Apr 2002239023.653.51$5,652
Mar 2002152022.003.10$3,344
Feb 2002163018.222.38$2,970
Jan 2002237017.172.38$4,069
Dec 2001166016.932.36$2,810
Nov 2001243018.072.41$4,391
Oct 2001154019.782.53$3,046
Sep 2001160024.262.25$3,882
Aug 2001237024.873.05$5,894
Jul 2001157023.933.20$3,757
Jun 2001235024.563.82$5,772
May 2001242025.524.31$6,176
Apr 2001162024.685.34$3,998
Mar 2001244024.545.38$5,988
Feb 2001150027.755.77$4,163
Jan 2001156027.478.40$4,285
Dec 2000234026.889.12$6,290
Nov 2000162032.215.66$5,218
Oct 2000248031.235.15$7,745
Sep 2000244031.875.19$7,776
Aug 2000159029.644.54$4,713
Jul 2000306028.534.09$8,730
Jun 2000242029.304.40$7,091
May 2000155027.263.68$4,225
Apr 2000224024.513.12$5,490
Mar 2000238028.422.86$6,764
Feb 2000162027.622.73$4,474
Jan 2000231025.272.48$5,837
Dec 199962024.282.42$1,505
Nov 19990023.192.43$0
Oct 1999168120.982.80$3,527
Sep 1999156121.752.62$3,396
Aug 1999127119.262.88$2,449
Jul 1999137117.892.37$2,453
Jun 1999136015.942.36$2,168
May 1999152015.792.32$2,400
Apr 1999161015.102.21$2,431
Mar 1999246012.471.84$3,068
Feb 199915509.981.82$1,547
Jan 1999149010.381.90$1,547
Dec 199824909.201.77$2,291
Nov 1998230010.892.19$2,505
Oct 1998150012.421.97$1,863
Sep 1998280012.592.08$3,525
Aug 1998155011.301.91$1,752
Jul 1998241011.742.24$2,829
Jun 1998154011.242.24$1,731
May 1998199012.622.21$2,511
Apr 1998187013.042.51$2,438
Mar 1998211012.802.31$2,701
Feb 1998181013.952.30$2,525
Jan 1998195014.702.15$2,867
Dec 1997203016.322.41$3,313
Nov 199782018.193.09$1,492
Oct 1997198019.253.15$3,812
Sep 1997158017.742.95$2,803
Aug 1997161017.862.55$2,875
Jul 1997158017.582.25$2,778
Jun 1997188017.242.26$3,241
May 1997202018.972.31$3,832
Apr 1997209017.882.08$3,737
Mar 1997150018.951.94$2,843
Feb 199776020.492.21$1,557
Jan 1997159023.483.54$3,733
Dec 1996156023.32$3,638
Nov 1996200021.97$4,394
Oct 1996159023.31$3,706
Sep 1996154022.22$3,422
Aug 1996155020.26$3,140
Jul 1996128019.55$2,502
Jun 1996132018.73$2,472
May 199681019.43$1,574
Apr 1996103021.51$2,216
Mar 1996105019.38$2,035
Feb 1996147016.98$2,496
Jan 1996164017.07$2,799
Dec 1995143017.19$2,458
Nov 1995213016.00$3,408
Oct 1995164015.43$2,531
Sep 1995161016.18$2,605
Aug 1995164015.92$2,611
Jul 1995226015.24$3,444
Jun 1995157016.41$2,576
May 1995157017.56$2,757
Apr 1995160017.73$2,837
Mar 1995166016.44$2,729
Feb 1995163016.58$2,703
Jan 1995165015.92$2,627
Dec 1994161015.03$2,420
Nov 1994163015.90$2,592
Oct 1994208015.58$3,241
Sep 1994164115.29$2,508
Aug 1994158116.13$2,549
Jul 1994203117.56$3,565
Jun 1994161117.09$2,751
May 1994233115.88$3,700
Apr 1994164114.14$2,319
Mar 1994223112.46$2,779
Feb 1994163112.50$2,038
Jan 1994220112.66$2,785
Dec 1993247112.33$3,046
Nov 1993159114.49$2,304
Oct 1993218115.85$3,455
Sep 1993212115.03$3,186
Aug 1993220115.66$3,445
Jul 1993233115.46$3,602
Jun 1993239116.79$4,013
May 1993308117.68$5,445
Apr 1993247118.05$4,458
Mar 1993393118.14$7,129
Feb 1993164117.90$2,936
Jan 199334116.93$576

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                  247 bbl  × $ 24.58 =     $6,071
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                   $6,071

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/5791 is the state's own key, not one this site invented.