SCHMIDT, F. -B-

Operated by ROLLERT CO., INC., THE (P-5 726765) in the KINGSBURY, W. (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12046District 01Field 49480100Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$109 k
Jan 1993 – Jan 1996
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
37
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 17 leases and 24 wells, and the rule below applies to all of them.

Discovered
1985-02-04
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1987-10-12.

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.

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
OilDisposition6,897 bbl$109,452
Casinghead gasProduction19 Mcf$0
Total$109,452

19 Mcf of this lease's gas, across 19 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 (1)

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 29.6647, -97.8027. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.66474, -97.80274 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
2,140 ft
1 wells filed one
Completion to plug
7.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

The one well that filed a depth was drilled to 2,140 ft.

Completions filed
May 1988
1 of 1 wells
Plug dates filed
Nov 1995
1 of 1 wells

Last completion to plug: a median of 7.5 years across the 1 well that filed both dates, with the middle half between 7.5 years and 7.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1873326622,140 ftMay 1988Nov 1995Yes

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 (37)

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

37 months

Jan 19960017.07$0
Dec 19950017.19$0
Nov 199540016.00$640
Oct 19950015.43$0
Sep 199566016.18$1,068
Aug 199599015.92$1,576
Jul 1995113015.24$1,722
Jun 199517016.41$279
May 1995155017.56$2,722
Apr 1995156017.73$2,766
Mar 1995160016.44$2,630
Feb 1995155016.58$2,570
Jan 1995182015.92$2,897
Dec 1994156015.03$2,345
Nov 1994176015.90$2,798
Oct 1994352015.58$5,484
Sep 1994159015.29$2,431
Aug 1994160016.13$2,581
Jul 1994215117.56$3,775
Jun 1994187117.09$3,196
May 1994220115.88$3,494
Apr 1994186114.14$2,630
Mar 1994145112.46$1,807
Feb 1994288112.50$3,600
Jan 1994153112.66$1,937
Dec 1993305112.33$3,761
Nov 1993307114.49$4,448
Oct 1993160115.85$2,536
Sep 1993308115.03$4,629
Aug 1993309115.66$4,839
Jul 1993207115.46$3,200
Jun 1993160116.79$2,686
May 1993317117.68$5,605
Apr 1993292118.05$5,271
Mar 1993316118.14$5,732
Feb 1993363117.90$6,498
Jan 1993313116.93$5,299

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.

Nov 1995 — as filed, then multipliedworked
Oil                   40 bbl  × $ 16.00 =       $640
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $640

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/12046 is the state's own key, not one this site invented.