STRAIN, L.A. 1

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 61839District 8AField 82710498Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$56 k
Jan 1993 – Aug 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
116
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
OilDisposition3,364 bbl$55,863
Casinghead gasProduction21 Mcf$0
Total$55,863

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 (116)

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

116 months

Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 199952024.282.42$1,263
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999369019.262.88$7,107
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 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
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 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 199642021.51$903
Mar 199619019.38$368
Feb 199660016.98$1,019
Jan 199647017.07$802
Dec 199547017.19$808
Nov 199549016.00$784
Oct 199551015.43$787
Sep 199548016.18$777
Aug 199548015.92$764
Jul 199549015.24$747
Jun 199555016.41$903
May 199550017.56$878
Apr 199557017.73$1,011
Mar 199578016.44$1,282
Feb 199575016.58$1,244
Jan 199575015.92$1,194
Dec 199497015.03$1,458
Nov 199491015.90$1,447
Oct 199490015.58$1,402
Sep 199492115.29$1,407
Aug 199487116.13$1,403
Jul 199492117.56$1,616
Jun 199492117.09$1,572
May 1994103115.88$1,636
Apr 199481114.14$1,145
Mar 199447112.46$586
Feb 199455112.50$688
Jan 19940112.66$0
Dec 1993105112.33$1,295
Nov 1993113114.49$1,637
Oct 199381115.85$1,284
Sep 199393115.03$1,398
Aug 199388115.66$1,378
Jul 199397115.46$1,500
Jun 1993100116.79$1,679
May 199397117.68$1,715
Apr 1993107118.05$1,931
Mar 199396118.14$1,741
Feb 1993110117.90$1,969
Jan 199379116.93$1,337

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.

Dec 1999 — as filed, then multipliedworked
Oil                   52 bbl  × $ 24.28 =     $1,263
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $1,263

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/61839 is the state's own key, not one this site invented.