SCHULTE EDWARDS GAS UNIT

Operated by INLAND OCEAN, INC. (P-5 424607) in the WORD, N. (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 85049District 02Field 98768100Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$447 k
Jan 1993 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
261
no gaps in the span
Streams
2
condensate, 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 111 leases and 111 wells, and the rule below applies to all of them.

Discovered
1977-03-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-11-14.

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: RATION PURPOSES AND DESIGNATED AS THE WORD, N.(EDWARDS) FIELD.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition868 bbl$33,397
GasProduction144,009 Mcf$413,606
Total$447,003

57,744 Mcf of this lease's gas, across 48 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 29.4730, -96.9438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.47301, -96.94382 · 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
14,000 ft
1 wells filed one
Completion to plug
35.0 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 14,000 ft.

Completions filed
Oct 1979
1 of 1 wells
Plug dates filed
Oct 2014
1 of 1 wells

Last completion to plug: a median of 35.0 years across the 1 well that filed both dates, with the middle half between 35.0 years and 35.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-285311851 E14,000 ftOct 1979Oct 2014Yes

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 (261)

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

261 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012108089.383.40$9,653
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011048695.723.31$1,609
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011062683.404.15$2,597
Jul 20110094.144.52$0
Jun 2011052892.904.64$2,450
May 20110098.134.40$0
Apr 20110523105.964.33$2,266
Mar 20110096.364.06$0
Feb 2011056485.644.18$2,358
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010018380.843.80$695
Oct 2010032578.103.51$1,140
Sep 2010030572.633.98$1,214
Aug 2010041873.684.42$1,847
Jul 2010030272.554.74$1,430
Jun 2010018570.364.91$908
May 2010036971.124.24$1,563
Apr 2010026081.694.12$1,072
Mar 2010042378.394.39$1,856
Feb 20100073.585.44$0
Jan 2010041874.365.96$2,493
Dec 200905571.445.48$302
Nov 2009024974.593.75$934
Oct 2009049372.544.11$2,026
Sep 2009052665.543.06$1,612
Aug 2009040367.423.22$1,297
Jul 2009046461.133.46$1,608
Jun 2009046366.163.90$1,803
May 2009050254.743.93$1,971
Apr 2009044046.773.59$1,579
Mar 2009038642.144.06$1,567
Feb 2009041032.814.63$1,900
Jan 2009067935.865.37$3,647
Dec 2008045337.105.98$2,708
Nov 2008041955.496.86$2,874
Oct 200817440875.246.92$15,916
Sep 20080436101.767.88$3,434
Aug 20080396114.228.48$3,359
Jul 20080530131.0811.39$6,036
Jun 20080678131.3313.03$8,836
May 20080563123.1711.57$6,516
Apr 20082554110.3110.45$6,013
Mar 20080505101.909.66$4,880
Feb 2008021792.538.77$1,903
Jan 2008043590.388.21$3,569
Dec 2007040888.337.30$2,979
Nov 2007031091.677.29$2,260
Oct 2007028282.856.92$1,952
Sep 2007022375.846.24$1,392
Aug 2007027369.066.39$1,744
Jul 2007045370.906.39$2,894
Jun 2007040662.007.55$3,065
May 2007033258.747.85$2,605
Apr 2007041259.617.81$3,216
Mar 2007046756.927.30$3,410
Feb 2007063455.108.22$5,209
Jan 2007037050.306.73$2,489
Dec 2006051756.656.92$3,577
Nov 2006065554.207.62$4,989
Oct 2006051354.906.01$3,085
Sep 2006050160.085.04$2,524
Aug 2006065868.717.34$4,830
Jul 2006057269.376.34$3,628
Jun 2006071266.286.38$4,545
May 2006056466.016.42$3,624
Apr 2006052764.397.36$3,879
Mar 2006051756.707.08$3,662
Feb 2006049357.597.75$3,821
Jan 2006044360.598.93$3,957
Dec 2005042154.9413.42$5,648
Nov 2005062954.6910.59$6,660
Oct 2005036858.3413.80$5,077
Sep 2005049861.4512.08$6,015
Aug 2005154461.519.80$5,391
Jul 2005043755.697.84$3,428
Jun 2005054952.337.38$4,052
May 2005146345.226.65$3,125
Apr 2005046449.207.36$3,415
Mar 2005051750.377.15$3,699
Feb 2005035545.226.31$2,241
Jan 2005045043.166.32$2,845
Dec 2004046739.866.75$3,153
Nov 2004050545.286.33$3,197
Oct 2004036649.706.52$2,385
Sep 2004048943.245.28$2,584
Aug 2004044742.375.55$2,481
Jul 2004051438.286.08$3,127
Jun 2004040436.106.43$2,599
May 2004416837.486.49$1,241
Apr 2004019634.475.86$1,148
Mar 2004043234.365.53$2,389
Feb 2004042532.455.51$2,342
Jan 2004070932.036.30$4,466
Dec 2003060830.266.30$3,831
Nov 2003048628.804.60$2,233
Oct 2003063028.174.76$2,999
Sep 2003050526.314.75$2,398
Aug 200317558029.765.13$8,183
Jul 2003088629.415.17$4,581
Jun 2003058528.565.98$3,500
May 2003057126.595.97$3,410
Apr 2003077626.675.41$4,196
Mar 2003059231.146.10$3,609
Feb 2003069633.487.93$5,516
Jan 2003074330.315.58$4,147
Dec 2002076726.914.85$3,723
Nov 2002067124.664.14$2,776
Oct 2002077326.464.23$3,269
Sep 2002049427.443.64$1,796
Aug 2002063425.963.16$2,006
Jul 2002075124.583.06$2,299
Jun 2002068823.733.34$2,297
May 2002083924.663.58$3,007
Apr 2002072923.653.51$2,560
Mar 2002090122.003.10$2,796
Feb 2002079118.222.38$1,879
Jan 200201,12617.172.38$2,675
Dec 2001076716.932.36$1,813
Nov 2001078018.072.41$1,876
Oct 2001072319.782.53$1,828
Sep 2001063124.262.25$1,421
Aug 2001017424.873.05$531
Jul 2001011323.933.20$361
Jun 2001011124.563.82$424
May 2001014725.524.31$633
Apr 2001012424.685.34$662
Mar 2001024024.545.38$1,290
Feb 200104027.755.77$231
Jan 2001015427.478.40$1,293
Dec 2000023026.889.12$2,098
Nov 2000034732.215.66$1,963
Oct 2000021031.235.15$1,081
Sep 2000020631.875.19$1,068
Aug 200007529.644.54$341
Jul 200008028.534.09$327
Jun 200008929.304.40$391
May 2000027427.263.68$1,008
Apr 2000015324.513.12$477
Mar 2000110128.422.86$317
Feb 200005427.622.73$147
Jan 200027925.272.48$247
Dec 199948024.282.42$291
Nov 1999179523.192.43$1,958
Oct 1999128420.982.80$817
Sep 1999037721.752.62$987
Aug 1999030619.262.88$880
Jul 199901,24617.892.37$2,956
Jun 1999051315.942.36$1,212
May 1999044215.792.32$1,026
Apr 1999064815.102.21$1,431
Mar 1999051312.471.84$943
Feb 199904899.981.82$889
Jan 1999087810.381.90$1,668
Dec 199808419.201.77$1,491
Nov 199801,20510.892.19$2,634
Oct 199802,24312.421.97$4,417
Sep 1998057212.592.08$1,191
Aug 199801,83211.301.91$3,494
Jul 1998069611.742.24$1,557
Jun 199819392511.242.24$4,239
May 1998051012.622.21$1,125
Apr 1998067113.042.51$1,681
Mar 1998061912.802.31$1,430
Feb 1998055213.952.30$1,269
Jan 1998058214.702.15$1,254
Dec 1997080016.322.41$1,929
Nov 1997062718.193.09$1,936
Oct 1997039619.253.15$1,247
Sep 1997048317.742.95$1,427
Aug 1997039417.862.55$1,007
Jul 1997031717.582.25$712
Jun 1997064117.242.26$1,447
May 1997060818.972.31$1,404
Apr 1997073617.882.08$1,533
Mar 1997048618.951.94$942
Feb 1997049120.492.21$1,083
Jan 199701,10523.483.54$3,911
Dec 1996068323.32$0
Nov 1996071421.97$0
Oct 1996071623.31$0
Sep 1996081122.22$0
Aug 1996080420.26$0
Jul 1996091819.55$0
Jun 199601,24118.73$0
May 199601,22919.43$0
Apr 1996075021.51$0
Mar 199602,13419.38$0
Feb 199601,67816.98$0
Jan 199601,98817.07$0
Dec 199511,59817.19$17
Nov 1995049316.00$0
Oct 1995177315.43$15
Sep 1995046316.18$0
Aug 1995099215.92$0
Jul 199511,14015.24$15
Jun 1995068916.41$0
May 1995186917.56$18
Apr 1995057917.73$0
Mar 1995059516.44$0
Feb 1995257516.58$33
Jan 199501,16815.92$0
Dec 199421,03715.03$30
Nov 1994082115.90$0
Oct 199401,06415.58$0
Sep 1994098615.29$0
Aug 199402,45916.13$0
Jul 199413,50417.56$18
Jun 199403,23217.09$0
May 199401,01915.88$0
Apr 1994099614.14$0
Mar 199411,14512.46$12
Feb 199421,13312.50$25
Jan 1994045312.66$0
Dec 19931751,26812.33$2,158
Nov 1993083914.49$0
Oct 1993065015.85$0
Sep 199311,11515.03$15
Aug 199301,18315.66$0
Jul 1993151215.46$15
Jun 199301,71016.79$0
May 199302,06217.68$0
Apr 199302,10518.05$0
Mar 199302,55818.14$0
Feb 199321,08217.90$36
Jan 1993101,21116.93$169

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.

Oct 2012 — as filed, then multipliedworked
Condensate           108 bbl  × $ 89.38 =     $9,653
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                   $9,653

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. 02/G/85049 is the state's own key, not one this site invented.