SCHMIDT

Operated by KOKO SKADI, LLC (P-5 100704) in the SOMERSET field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11223District 01Field 84560001OilCasinghead gasSaveExport
Value, all time
$2.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
401
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 1,033 leases and 5,137 wells, and the rule below applies to all of them.

Discovered
1911-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2.05 acres. The field rule took effect on 1986-02-01.

The Commission's schedule remark for this field reads: RULES EFF. FOR SOMERSET FIELD 12-11-78.

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
OilDisposition59,283 bbl$2,401,123
Casinghead gasProduction21 Mcf$0
Total$2,401,123

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.

Wells on this lease (28)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.2147, -98.6366. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

29.21551, -98.63620 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
25.0%
7 of 28 wells
With a plug date
25.0%
7 of 28 wells
Median depth
1,300 ft
27 wells filed one
Completion to plug
42.9 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
725.0%
A plug date is filed
725.0%
BothOn the schedule and plugged. Neither fact cancels the other.
725.0%
NeitherNo plug date, and not on the schedule.
2175.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Total depth in feet, 27 of 28 wells. Median 1,300 ft, with the middle half between 1,280 and 1,320 ft; the shallowest is 954 ft and the deepest 1,333 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 26 of 28 wells, Apr 1966 – Feb 1997. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1966 – Feb 1997
26 of 28 wells; 2 filed none
Plug dates filed
Feb 2013 – Mar 2013
7 of 28 wells; 21 filed none

Last completion to plug: a median of 42.9 years across the 5 wells that filed both dates, with the middle half between 42.9 years and 43.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

28 wells

42-0290266841,310 ftFeb 2013Yes
42-029200823954 ftFeb 2013Yes
42-02938215221,307 ftFeb 1997
42-02938214231,306 ftFeb 1997
42-02938213241,306 ftFeb 1997
42-02938212251,333 ftFeb 1997
42-02938211261,305 ftJan 1997
42-02938210271,320 ftJan 1997
42-02938216281,320 ftJan 1997
42-029026212996 ftMay 1986
42-02936356141,280 ftJun 1985Feb 2013Yes
42-02936354161,280 ftJun 1985
42-02936355151,280 ftJun 1985
42-02936353171,300 ftJun 1985
42-02936349211,320 ftJun 1985
42-02936357131,280 ftJun 1985
42-02936358121,320 ftJun 1985
42-02936350201,280 ftJun 1985
42-02936351191,280 ftJun 1985
42-02936352181,320 ftJun 1985
42-02935517111,320 ftOct 1984
42-0293004981,296 ftMar 1970
42-02930048101,278 ftMar 1970Feb 2013Yes
42-0293005091,298 ftMar 1970Feb 2013Yes
42-029300387Mar 1970
42-0293003961,320 ftOct 1969Feb 2013Yes
42-0293003751,298 ftOct 1969Mar 2013Yes
42-0290209511,138 ftApr 1966

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026249089.753.15$22,348
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202577067.704.27$5,213
Feb 20250070.884.34$0
Jan 2025110074.324.28$8,175
Dec 20240068.993.12$0
Nov 202478069.052.20$5,386
Oct 202478071.372.28$5,567
Sep 202487069.612.36$6,056
Aug 20240075.632.06$0
Jul 202460079.932.15$4,796
Jun 202486078.082.63$6,715
May 202492078.812.20$7,251
Apr 2024101084.451.66$8,529
Mar 2024147080.301.55$11,804
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023160071.262.61$11,402
Nov 20230077.892.81$0
Oct 2023137085.443.09$11,705
Sep 20230089.042.74$0
Aug 2023162080.522.67$13,044
Jul 20230074.852.64$0
Jun 2023167068.962.26$11,516
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023271072.852.39$19,742
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021156077.435.24$12,079
Oct 20210079.795.71$0
Sep 2021144069.865.35$10,060
Aug 20210066.024.22$0
Jul 2021156070.783.98$11,042
Jun 20210069.493.38$0
May 2021144063.483.02$9,141
Apr 20210060.362.76$0
Mar 2021140061.302.72$8,582
Feb 20210057.805.55$0
Jan 2021143050.412.81$7,209
Dec 20200044.642.68$0
Nov 2020158038.772.71$6,126
Oct 20200036.972.48$0
Sep 2020139037.091.99$5,156
Aug 20200039.982.39$0
Jul 2020147038.371.83$5,640
Jun 20200034.901.69$0
May 2020143016.921.81$2,420
Apr 2020156014.751.80$2,301
Mar 20200030.341.86$0
Feb 2020147049.881.98$7,332
Jan 20200057.252.09$0
Dec 2019158059.012.30$9,324
Nov 20190055.302.75$0
Oct 2019143053.472.42$7,646
Sep 20190055.052.66$0
Aug 2019153053.112.30$8,126
Jul 2019147056.272.46$8,272
Jun 20190052.782.49$0
May 2019151058.482.74$8,830
Apr 20190062.632.75$0
Mar 2019144056.803.06$8,179
Feb 2019157050.852.79$7,983
Jan 20190046.033.23$0
Dec 2018299046.594.19$13,930
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018142059.403.07$8,435
Jul 2018161065.142.93$10,488
Jun 20180060.183.08$0
May 2018149065.382.90$9,742
Apr 20180063.842.90$0
Mar 2018161061.222.79$9,856
Feb 2018150061.782.77$9,267
Jan 20180062.874.01$0
Dec 2017159057.272.92$9,106
Nov 20170055.423.12$0
Oct 2017151049.292.98$7,443
Sep 20170047.523.09$0
Aug 2017158045.373.00$7,168
Jul 20170043.873.09$0
Jun 2017150042.493.09$6,374
May 2017157045.373.26$7,123
Apr 20170047.933.21$0
Mar 2017153046.772.98$7,156
Feb 20170050.452.95$0
Jan 2017159049.413.42$7,856
Dec 2016153048.763.72$7,460
Nov 20160042.492.64$0
Oct 2016158046.193.09$7,298
Sep 20160041.553.10$0
Aug 2016152041.442.92$6,299
Jul 20160041.622.92$0
Jun 2016157045.352.69$7,120
May 2016153042.521.99$6,506
Apr 20160036.561.99$0
Mar 2016158033.011.79$5,216
Feb 2016159026.472.06$4,209
Jan 20160027.352.36$0
Dec 2015160032.362.00$5,178
Nov 2015157038.792.17$6,090
Oct 20150043.552.43$0
Sep 2015154042.992.76$6,620
Aug 2015149040.162.87$5,984
Jul 20150048.152.95$0
Jun 2015158056.152.88$8,872
May 2015154055.212.96$8,502
Apr 20150049.822.71$0
Mar 2015160042.892.93$6,862
Feb 2015151044.662.98$6,744
Jan 20150043.433.10$0
Dec 2014160054.693.59$8,750
Nov 2014157070.464.25$11,062
Oct 20140078.303.90$0
Sep 2014156086.164.05$13,441
Aug 2014154089.394.04$13,766
Jul 20140096.564.18$0
Jun 2014157098.164.74$15,411
May 2014155094.734.73$14,683
Apr 2014156095.944.81$14,967
Mar 20140095.895.06$0
Feb 2014148097.406.19$14,415
Jan 2014160090.404.86$14,464
Dec 20130091.824.35$0
Nov 2013157088.853.74$13,949
Oct 2013159097.423.78$15,490
Sep 20131560104.113.72$16,241
Aug 201300104.253.52$0
Jul 20131550102.523.72$15,891
Jun 2013148094.403.93$13,971
May 2013160094.834.15$15,173
Apr 20130093.964.28$0
Mar 2013155093.623.91$14,511
Feb 2013160091.233.42$14,597
Jan 2013158091.603.42$14,473
Dec 2012161086.773.42$13,970
Nov 20120086.953.62$0
Oct 2012306089.383.40$27,350
Sep 20120094.672.92$0
Aug 2012154092.662.91$14,270
Jul 2012159085.133.02$13,536
Jun 2012159079.822.52$12,691
May 2012159091.612.49$14,566
Apr 20121580101.652.00$16,061
Mar 20121610105.052.22$16,913
Feb 20121580101.102.57$15,974
Jan 2012160098.092.73$15,694
Dec 2011159096.873.24$15,402
Nov 2011159095.723.31$15,219
Oct 2011157084.983.65$13,342
Sep 2011157083.623.99$13,128
Aug 2011156083.404.15$13,010
Jul 20110094.144.52$0
Jun 2011149092.904.64$13,842
May 2011149098.134.40$14,621
Apr 20111930105.964.33$20,450
Mar 20110096.364.06$0
Feb 2011188085.644.18$16,100
Jan 2011151086.504.59$13,062
Dec 2010147085.734.35$12,602
Nov 20100080.843.80$0
Oct 2010150078.103.51$11,715
Sep 20100072.633.98$0
Aug 2010145073.684.42$10,684
Jul 2010174072.554.74$12,624
Jun 20100070.364.91$0
May 2010161071.124.24$11,450
Apr 20100081.694.12$0
Mar 2010154078.394.39$12,072
Feb 2010143073.585.44$10,522
Jan 2010152074.365.96$11,303
Dec 20090071.445.48$0
Nov 2009141074.593.75$10,517
Oct 2009151072.544.11$10,954
Sep 20090065.543.06$0
Aug 2009146067.423.22$9,843
Jul 2009153061.133.46$9,353
Jun 20090066.163.90$0
May 2009150054.743.93$8,211
Apr 2009155046.773.59$7,249
Mar 2009151042.144.06$6,363
Feb 20090032.814.63$0
Jan 2009177035.865.37$6,347
Dec 2008126037.105.98$4,675
Nov 2008149055.496.86$8,268
Oct 2008156075.246.92$11,737
Sep 20081510101.767.88$15,366
Aug 200800114.228.48$0
Jul 20081540131.0811.39$20,186
Jun 20081790131.3313.03$23,508
May 200800123.1711.57$0
Apr 20083060110.3110.45$33,755
Mar 200800101.909.66$0
Feb 2008151092.538.77$13,972
Jan 2008146090.388.21$13,195
Dec 2007157088.337.30$13,868
Nov 2007157091.677.29$14,392
Oct 20070082.856.92$0
Sep 2007197075.846.24$14,940
Aug 2007144069.066.39$9,945
Jul 2007148070.906.39$10,493
Jun 2007150062.007.55$9,300
May 2007146058.747.85$8,576
Apr 2007147059.617.81$8,763
Mar 20070056.927.30$0
Feb 2007162055.108.22$8,926
Jan 2007161050.306.73$8,098
Dec 2006148056.656.92$8,384
Nov 2006151054.207.62$8,184
Oct 2006147054.906.01$8,070
Sep 2006150060.085.04$9,012
Aug 2006147068.717.34$10,100
Jul 2006146069.376.34$10,128
Jun 2006147066.286.38$9,743
May 20060066.016.42$0
Apr 2006147064.397.36$9,465
Mar 2006152056.707.08$8,618
Feb 2006148057.597.75$8,523
Jan 2006147060.598.93$8,907
Dec 2005156054.9413.42$8,571
Nov 2005149054.6910.59$8,149
Oct 2005146058.3413.80$8,518
Sep 2005150061.4512.08$9,218
Aug 2005296061.519.80$18,207
Jul 2005146055.697.84$8,131
Jun 2005151052.337.38$7,902
May 2005145045.226.65$6,557
Apr 2005154049.207.36$7,577
Mar 2005145050.377.15$7,304
Feb 2005158045.226.31$7,145
Jan 2005150043.166.32$6,474
Dec 20040039.866.75$0
Nov 2004155045.286.33$7,018
Oct 2004146049.706.52$7,256
Sep 2004299043.245.28$12,929
Aug 20040042.375.55$0
Jul 2004305038.286.08$11,675
Jun 20040036.106.43$0
May 2004152037.486.49$5,697
Apr 2004148034.475.86$5,102
Mar 2004152034.365.53$5,223
Feb 2004149032.455.51$4,835
Jan 2004152032.036.30$4,869
Dec 2003303030.266.30$9,169
Nov 2003146028.804.60$4,205
Oct 2003155028.174.76$4,366
Sep 2003158026.314.75$4,157
Aug 2003151029.765.13$4,494
Jul 2003156029.415.17$4,588
Jun 20030028.565.98$0
May 2003158026.595.97$4,201
Apr 2003310026.675.41$8,268
Mar 2003153031.146.10$4,764
Feb 20030033.487.93$0
Jan 2003158030.315.58$4,789
Dec 2002311026.914.85$8,369
Nov 2002156024.664.14$3,847
Oct 2002157026.464.23$4,154
Sep 2002154027.443.64$4,226
Aug 2002312025.963.16$8,100
Jul 2002156024.583.06$3,834
Jun 2002155023.733.34$3,678
May 2002311024.663.58$7,669
Apr 2002159023.653.51$3,760
Mar 2002315022.003.10$6,930
Feb 2002157018.222.38$2,861
Jan 2002156017.172.38$2,679
Dec 2001315016.932.36$5,333
Nov 2001154018.072.41$2,783
Oct 2001312019.782.53$6,171
Sep 2001157024.262.25$3,809
Aug 2001307024.873.05$7,635
Jul 2001154023.933.20$3,685
Jun 2001304024.563.82$7,466
May 2001157025.524.31$4,007
Apr 2001314024.685.34$7,750
Mar 2001314024.545.38$7,706
Feb 2001155027.755.77$4,301
Jan 2001159027.478.40$4,368
Dec 2000316026.889.12$8,494
Nov 2000156032.215.66$5,025
Oct 2000306031.235.15$9,556
Sep 2000156031.875.19$4,972
Aug 2000312029.644.54$9,248
Jul 2000154028.534.09$4,394
Jun 2000311029.304.40$9,112
May 2000312027.263.68$8,505
Apr 2000313024.513.12$7,672
Mar 2000157028.422.86$4,462
Feb 2000314027.622.73$8,673
Jan 2000157025.272.48$3,967
Dec 1999313024.282.42$7,600
Nov 1999157023.192.43$3,641
Oct 1999312020.982.80$6,546
Sep 1999282021.752.62$6,134
Aug 1999286019.262.88$5,508
Jul 1999287017.892.37$5,134
Jun 1999286015.942.36$4,559
May 1999287015.792.32$4,532
Apr 1999292015.102.21$4,409
Mar 1999293012.471.84$3,654
Feb 199929109.981.82$2,904
Jan 1999308010.381.90$3,197
Dec 199829809.201.77$2,742
Nov 1998284010.892.19$3,093
Oct 1998438012.421.97$5,440
Sep 1998285012.592.08$3,588
Aug 1998428011.301.91$4,836
Jul 1998282011.742.24$3,311
Jun 1998419011.242.24$4,710
May 1998426012.622.21$5,376
Apr 1998305013.042.51$3,977
Mar 1998442012.802.31$5,658
Feb 1998433013.952.30$6,040
Jan 1998455014.702.15$6,689
Dec 1997444016.322.41$7,246
Nov 1997455018.193.09$8,276
Oct 1997444019.253.15$8,547
Sep 1997440017.742.95$7,806
Aug 1997431017.862.55$7,698
Jul 1997588017.582.25$10,337
Jun 1997581017.242.26$10,016
May 1997611018.972.31$11,591
Apr 1997608017.882.08$10,871
Mar 1997773018.951.94$14,648
Feb 1997620020.492.21$12,704
Jan 1997151023.483.54$3,545
Dec 1996157023.32$3,661
Nov 1996153021.97$3,361
Oct 1996309023.31$7,203
Sep 1996157022.22$3,489
Aug 1996156020.26$3,161
Jul 1996154019.55$3,011
Jun 1996151018.73$2,828
May 1996154019.43$2,992
Apr 1996157021.51$3,377
Mar 1996156019.38$3,023
Feb 19960016.98$0
Jan 1996153017.07$2,612
Dec 1995158017.19$2,716
Nov 1995154016.00$2,464
Oct 1995154015.43$2,376
Sep 19950016.18$0
Aug 1995152015.92$2,420
Jul 1995153015.24$2,332
Jun 1995155016.41$2,544
May 1995155017.56$2,722
Apr 1995294017.73$5,213
Mar 19950016.44$0
Feb 1995274016.58$4,543
Jan 1995139015.92$2,213
Dec 1994145015.03$2,179
Nov 1994295015.90$4,691
Oct 1994146015.58$2,275
Sep 1994142115.29$2,171
Aug 1994292116.13$4,710
Jul 1994137117.56$2,406
Jun 1994289117.09$4,939
May 1994143115.88$2,271
Apr 1994282114.14$3,987
Mar 1994147112.46$1,832
Feb 1994297112.50$3,713
Jan 1994298112.66$3,773
Dec 1993149112.33$1,837
Nov 1993293114.49$4,246
Oct 1993130115.85$2,061
Sep 1993148115.03$2,224
Aug 1993283115.66$4,432
Jul 1993283115.46$4,375
Jun 1993141116.79$2,367
May 1993144117.68$2,546
Apr 1993283118.05$5,108
Mar 1993285118.14$5,170
Feb 1993143117.90$2,560
Jan 1993290116.93$4,910

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.

Mar 2026 — as filed, then multipliedworked
Oil                  249 bbl  × $ 89.75 =    $22,348
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $22,348

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. 01/O/11223 is the state's own key, not one this site invented.