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SCHULZE-WATTS UNIT

Operated by TRINITY OPERATING (USG), LLC (P-5 870209) in the PEARSALL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18083District 01Field 69981125OilCasinghead gasSaveExport
Value, all time
$18.7 M
Feb 2014 – May 2026
Value, last 12 filed months
$725 k
at the published price for each month
Months reported
148
no gaps in the span
Streams
2
oil, casinghead gas

The PEARSALL (AUSTIN CHALK) field

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 1,992 leases and 3,388 wells, and the rule below applies to all of them.

Discovered
1936-12-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-06-17.

The Commission's schedule remark for this field reads: “LEASE PLAT. PRORATION PLAT IS NOT 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
OilDisposition272,382 bbl$17,379,979
Casinghead gasProduction416,415 Mcf$1,297,750
Total$18,677,728

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 28.5685, -99.3552. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.56852, -99.35524 · 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
7,432 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 7,432 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-283343381H7,432 ftFeb 2014——

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 (148)

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

148 months

May 20261,0221,048106.413.05$111,943
Apr 202653185998.932.87$54,997
Mar 20268581,02189.753.15$80,221
Feb 20266981,32163.503.75$49,277
Jan 20266541,16159.138.00$47,957
Dec 20257301,14556.664.41$46,415
Nov 202572089758.593.93$45,707
Oct 20258811,02459.383.30$55,698
Sep 20259121,02762.743.08$60,379
Aug 202571293763.933.01$48,343
Jul 202587388966.743.32$61,211
Jun 202590586866.483.13$62,880
May 20258841,14760.553.23$57,234
Apr 20251,0902,16762.363.54$75,650
Mar 20251,2231,20267.704.27$87,928
Feb 20251,12287870.884.34$83,339
Jan 20251,6221,04374.324.28$125,010
Dec 20241,7911,25968.993.12$127,491
Nov 20242,0411,26369.052.20$143,708
Oct 20242,5522,01771.372.28$186,738
Sep 20242,3731,45469.612.36$168,622
Aug 202409875.632.06$202
Jul 20240079.932.15$0
Jun 20249214,52178.082.63$83,820
May 20247044,67678.812.20$65,762
Apr 20249334,59484.451.66$86,414
Mar 20241,0904,97580.301.55$95,214
Feb 20245622,83076.091.78$47,810
Jan 20241,2923,66873.023.30$106,438
Dec 20235573,14771.262.61$47,908
Nov 20239423,25777.892.81$82,517
Oct 20238863,32885.443.09$85,974
Sep 20231,0865,88389.042.74$112,788
Aug 20237585,75180.522.67$76,406
Jul 20231,4736,26074.852.64$126,792
Jun 20239384,76568.962.26$75,446
May 20231,1045,66670.622.23$90,585
Apr 20239513,94578.122.24$83,120
Mar 20231,8292,60172.852.39$139,467
Feb 20237562,43875.112.47$62,794
Jan 20231,6722,03176.533.39$134,839
Dec 20221,4641,48276.415.73$120,355
Nov 20222,0061,69185.005.65$180,058
Oct 202205487.185.86$317
Sep 20220084.888.16$0
Aug 202254553994.529.13$56,433
Jul 20227441,291101.587.54$85,312
Jun 20221,1051,638115.097.98$140,241
May 20221,467924109.378.43$168,238
Apr 20221,4771,367104.226.84$163,280
Mar 20222,1151,353108.885.08$237,150
Feb 20222,69297391.054.86$249,834
Jan 20221,50520281.844.54$124,086
Dec 20215211,30571.323.90$42,246
Nov 20218532,71477.435.24$80,261
Oct 20216702,31579.795.71$66,687
Sep 20215032,64769.865.35$49,303
Aug 20218372,81066.024.22$67,119
Jul 20211,0034,09070.783.98$87,279
Jun 20218334,22869.493.38$72,178
May 20218373,56863.483.02$63,900
Apr 20216712,45360.362.76$47,268
Mar 20211,0133,21961.302.72$70,843
Feb 20215083,62957.805.55$49,496
Jan 20211,3714,10150.412.81$80,637
Dec 20201,1744,33144.642.68$63,995
Nov 20201,1804,24938.772.71$57,249
Oct 20201,0164,61836.972.48$49,007
Sep 20201,6274,59537.091.99$69,494
Aug 20208412,18439.982.39$38,832
Jul 20201,2512,36438.371.83$52,315
Jun 2020021034.901.69$355
May 2020010616.921.81$192
Apr 20201,2701,79414.751.80$21,970
Mar 202036183130.341.86$12,495
Feb 20201,2373,54149.881.98$68,715
Jan 20208361,73057.252.09$51,485
Dec 20197002,61659.012.30$47,335
Nov 20191,0353,01455.302.75$65,526
Oct 20191,2832,47853.472.42$74,595
Sep 20198781,77255.052.66$53,043
Aug 20191,1931,82753.112.30$67,570
Jul 20191,383056.272.46$77,821
Jun 20191,0714,16152.782.49$66,893
May 20191,0634,27758.482.74$73,885
Apr 20191,2754,89662.632.75$93,321
Mar 20191,3954,83856.803.06$94,050
Feb 20191,7414,59250.852.79$101,352
Jan 201917098146.033.23$10,992
Dec 20181,2364,16646.594.19$75,022
Nov 20181,4445,36152.934.24$99,147
Oct 20181,0054,01161.443.40$75,377
Sep 20181,2333,79259.543.11$85,198
Aug 20181,3874,03259.403.07$94,752
Jul 20181,3891,42565.142.93$94,657
Jun 20181,5153,00060.183.08$100,403
May 20181,68015565.382.90$110,288
Apr 20181,85915063.842.90$119,114
Mar 20181,53613561.222.79$94,410
Feb 20181,856561.782.77$114,678
Jan 20182,024062.874.01$127,249
Dec 20171,963057.272.92$112,421
Nov 20172,152055.423.12$119,264
Oct 20172,502049.292.98$123,324
Sep 20172,137047.523.09$101,550
Aug 20172,491045.373.00$113,017
Jul 20172,362043.873.09$103,621
Jun 2017893042.493.09$37,944
May 20171,4262,62945.373.26$73,277
Apr 20172,3113,93047.933.21$123,388
Mar 20172,8413,97946.772.98$144,746
Feb 20172,6932,47350.452.95$143,164
Jan 20172,5185,57249.413.42$143,464
Dec 20162,8745,52948.763.72$160,720
Nov 20163,0754,34942.492.64$142,157
Oct 20163,2124,48746.193.09$162,228
Sep 20163,1704,72441.553.10$146,361
Aug 20164,7144,33841.442.92$208,034
Jul 20164,5873,10641.622.92$199,994
Jun 20162,4562,94345.352.69$119,284
May 201601,44042.521.99$2,867
Apr 20161,7905,12736.561.99$75,650
Mar 20162,2884,21333.011.79$83,085
Feb 20161,8653,89626.472.06$57,406
Jan 20162,2064,03227.352.36$69,867
Dec 20152,4014,89832.362.00$87,499
Nov 20152,3734,94938.792.17$102,775
Oct 20152,3394,81843.552.43$113,555
Sep 20152,7225,27542.992.76$131,569
Aug 20152,7023,66840.162.87$119,049
Jul 20152,9714,72748.152.95$156,975
Jun 20153,0756,14956.152.88$190,388
May 20153,7157,11155.212.96$226,121
Apr 20153,3056,23149.822.71$181,520
Mar 20154,2137,15242.892.93$201,685
Feb 20154,7146,26044.662.98$229,158
Jan 20155,3507,86143.433.10$256,725
Dec 20147,27110,19354.693.59$434,258
Nov 20148,0576,89070.464.25$596,991
Oct 20144,7803,67778.303.90$388,618
Sep 201487878986.164.05$78,840
Aug 20146,1124,06089.394.04$562,734
Jul 20146,8083,75096.564.18$673,054
Jun 20145,1212,45998.164.74$514,325
May 20146,5671,17594.734.73$627,646
Apr 20147,5663,23095.944.81$741,416
Mar 201410,5754,32095.895.06$1,035,882
Feb 201470911597.406.19$69,769

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.

May 2026 — as filed, then multipliedworked
Oil                1,022 bbl  × $106.41 =   $108,751
Casinghead gas     1,048 Mcf  × $  3.05 =     $3,192

────────────────────────────────────────────────────
Month total                                 $111,943

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/18083 is the state's own key, not one this site invented.