SCHMIDT

Operated by GEOMEG OPERATING, LLC (P-5 300804) in the BUCHANAN field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13789District 01Field 12849001OilCasinghead gasSaveExport
Value, all time
$75 k
Oct 1993 – Aug 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
191
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 96 leases and 528 wells, and the rule below applies to all of them.

Discovered
1929-07-10
as the register files it
Field class
Oil
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres.

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
OilDisposition3,015 bbl$75,468
Casinghead gasProduction13 Mcf$0
Total$75,468

13 Mcf of this lease's gas, across 13 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 29.9389, -97.5184. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.93894, -97.51842 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,500 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 2,500 ft.

Completions filed
Sep 1993
1 of 1 wells

1 well

42-0553472412,500 ftSep 1993

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 (191)

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

191 months

Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200736069.066.39$2,486
Jul 200792070.906.39$6,523
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200675054.207.62$4,065
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200651066.016.42$3,367
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 200580054.9413.42$4,395
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 200570049.207.36$3,444
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200479042.375.55$3,347
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200474032.036.30$2,370
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 200359028.565.98$1,685
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200344033.487.93$1,473
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 200276026.464.23$2,011
Sep 20020027.443.64$0
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 200293022.003.10$2,046
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 200139023.933.20$933
Jun 20010024.563.82$0
May 200168025.524.31$1,735
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 200015031.235.15$468
Sep 200033031.875.19$1,052
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 200039029.304.40$1,143
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200058028.422.86$1,648
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 199934023.192.43$788
Oct 19990020.982.80$0
Sep 199940021.752.62$870
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 199959015.942.36$940
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 199983012.471.84$1,035
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 199835011.301.91$396
Jul 19980011.742.24$0
Jun 199834011.242.24$382
May 19980012.622.21$0
Apr 199854013.042.51$704
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 199720018.193.09$364
Oct 199731019.253.15$597
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 199721017.582.25$369
Jun 199723017.242.26$397
May 199720018.972.31$379
Apr 199797017.882.08$1,734
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 199637021.97$813
Oct 19960023.31$0
Sep 199617022.22$378
Aug 199652020.26$1,054
Jul 199635019.55$684
Jun 19960018.73$0
May 1996133019.43$2,584
Apr 19960021.51$0
Mar 19960019.38$0
Feb 1996152016.98$2,581
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 199543015.43$663
Sep 19950016.18$0
Aug 199553015.92$844
Jul 19950015.24$0
Jun 199527016.41$443
May 199528017.56$492
Apr 199524017.73$426
Mar 199525016.44$411
Feb 199525116.58$415
Jan 199529015.92$462
Dec 199426015.03$391
Nov 199432115.90$509
Oct 199437115.58$576
Sep 199431015.29$474
Aug 199442116.13$677
Jul 199442117.56$738
Jun 199442117.09$718
May 19940115.88$0
Apr 199446114.14$650
Mar 199460112.46$748
Feb 199445112.50$563
Jan 1994174112.66$2,203
Dec 19930112.33$0
Nov 1993126114.49$1,826
Oct 19930015.85$0

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.

Aug 2007 — as filed, then multipliedworked
Oil                   36 bbl  × $ 69.06 =     $2,486
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $2,486

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/13789 is the state's own key, not one this site invented.