SCHULTE

Operated by REDBUD E & P, INC. (P-5 696678) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 156246District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.5 M
Aug 1995 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
370
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
High Cost Gas111995-12-14133449
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
CondensateDisposition369 bbl$7,163
GasProduction11,459,414 Mcf$14,462,270
Total$14,469,433

7,212,792 Mcf of this lease's gas, across 17 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 30.2643, -96.3625. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.26427, -96.36252 · 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
18,780 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 18,780 ft.

Completions filed
Aug 1995
1 of 1 wells

1 well

42-477307851H18,780 ftAug 1995

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 (370)

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

370 months

May 20260986106.413.05$3,003
Apr 2026097798.932.87$2,804
Mar 202601,03489.753.15$3,257
Feb 2026095263.503.75$3,570
Jan 202601,08959.138.00$8,710
Dec 202501,09256.664.41$4,819
Nov 202501,08658.593.93$4,264
Oct 202501,12159.383.30$3,705
Sep 202501,11562.743.08$3,431
Aug 202501,16363.933.01$3,506
Jul 202501,20466.743.32$3,992
Jun 202501,18366.483.13$3,701
May 202501,21560.553.23$3,927
Apr 202501,20762.363.54$4,277
Mar 202501,29767.704.27$5,536
Feb 202501,21670.884.34$5,278
Jan 202501,37174.324.28$5,866
Dec 202401,37768.993.12$4,298
Nov 202401,35669.052.20$2,981
Oct 202401,41871.372.28$3,235
Sep 202401,39169.612.36$3,289
Aug 202401,45575.632.06$3,003
Jul 202401,32579.932.15$2,844
Jun 202401,10078.082.63$2,897
May 202401,51078.812.20$3,320
Apr 202401,48184.451.66$2,457
Mar 202401,55280.301.55$2,398
Feb 202401,47776.091.78$2,634
Jan 202401,73773.023.30$5,728
Dec 202301,63871.262.61$4,276
Nov 202301,62277.892.81$4,554
Oct 202301,70685.443.09$5,267
Sep 202301,66189.042.74$4,543
Aug 202301,73080.522.67$4,624
Jul 202301,77374.852.64$4,684
Jun 202301,77468.962.26$4,007
May 202301,88970.622.23$4,208
Apr 202301,93078.122.24$4,319
Mar 202301,63272.852.39$3,906
Feb 202301,15075.112.47$2,836
Jan 202301,30976.533.39$4,435
Dec 202201,42576.415.73$8,164
Nov 202201,30485.005.65$7,363
Oct 202201,37187.185.86$8,039
Sep 202201,25884.888.16$10,270
Aug 2022095294.529.13$8,689
Jul 20220755101.587.54$5,694
Jun 20220493115.097.98$3,933
May 20220764109.378.43$6,443
Apr 20220896104.226.84$6,126
Mar 202201,010108.885.08$5,127
Feb 202201,00391.054.86$4,873
Jan 202201,22781.844.54$5,568
Dec 202101,34471.323.90$5,240
Nov 202101,29777.435.24$6,792
Oct 202101,42779.795.71$8,154
Sep 202101,45069.865.35$7,759
Aug 202101,47866.024.22$6,238
Jul 202101,39270.783.98$5,543
Jun 202101,54969.493.38$5,237
May 202101,59763.483.02$4,819
Apr 202101,52160.362.76$4,196
Mar 202101,67161.302.72$4,540
Feb 202101,30657.805.55$7,246
Jan 202101,92750.412.81$5,415
Dec 202001,94444.642.68$5,201
Nov 202001,83838.772.71$4,975
Oct 202001,93636.972.48$4,798
Sep 202001,90437.091.99$3,791
Aug 202002,07639.982.39$4,951
Jul 2020087538.371.83$1,597
Jun 202001,17134.901.69$1,979
May 202001,98916.921.81$3,610
Apr 202001,96014.751.80$3,537
Mar 202002,06830.341.86$3,839
Feb 202001,92549.881.98$3,813
Jan 202001,79757.252.09$3,764
Dec 201901,74759.012.30$4,026
Nov 201901,92055.302.75$5,281
Oct 201902,03153.472.42$4,912
Sep 201901,91755.052.66$5,094
Aug 201901,93153.112.30$4,450
Jul 201902,00556.272.46$4,932
Jun 201901,89852.782.49$4,728
May 201902,06258.482.74$5,651
Apr 201902,06362.632.75$5,675
Mar 201902,17456.803.06$6,657
Feb 201901,99250.852.79$5,562
Jan 201902,22146.033.23$7,170
Dec 201802,26746.594.19$9,488
Nov 201812,24952.934.24$9,582
Oct 201802,56061.443.40$8,699
Sep 201801,17559.543.11$3,652
Aug 201801,55559.403.07$4,769
Jul 2018021165.142.93$619
Jun 201801460.183.08$43
May 20180065.382.90$0
Apr 2018022563.842.90$653
Mar 2018078461.222.79$2,185
Feb 2018068661.782.77$1,898
Jan 2018098462.874.01$3,945
Dec 201701,07657.272.92$3,144
Nov 201701,07255.423.12$3,343
Oct 201701,12749.292.98$3,363
Sep 201701,12147.523.09$3,461
Aug 201701,16845.373.00$3,509
Jul 201701,29943.873.09$4,010
Jun 201701,19842.493.09$3,699
May 201701,26145.373.26$4,115
Apr 201701,23047.933.21$3,950
Mar 201701,31446.772.98$3,921
Feb 201701,22950.452.95$3,629
Jan 201701,40549.413.42$4,803
Dec 201601,45848.763.72$5,428
Nov 201601,46542.492.64$3,874
Oct 2016084946.193.09$2,624
Sep 2016037941.553.10$1,175
Aug 201601,51241.442.92$4,422
Jul 201601,62641.622.92$4,755
Jun 201601,09245.352.69$2,933
May 201601,52442.521.99$3,034
Apr 201601,71236.561.99$3,409
Mar 201601,92933.011.79$3,461
Feb 201601,81726.472.06$3,750
Jan 201601,98327.352.36$4,689
Dec 201502,03232.362.00$4,067
Nov 201502,01438.792.17$4,365
Oct 201502,14243.552.43$5,198
Sep 201502,12342.992.76$5,856
Aug 201502,23140.162.87$6,409
Jul 201502,27648.152.95$6,703
Jun 201502,21856.152.88$6,394
May 201502,35555.212.96$6,960
Apr 201502,38249.822.71$6,447
Mar 201502,62542.892.93$7,704
Feb 201502,62144.662.98$7,801
Jan 201501,38243.433.10$4,285
Dec 201401,30854.693.59$4,698
Nov 201401,28770.464.25$5,472
Oct 201401,42978.303.90$5,574
Sep 201401,41886.164.05$5,736
Aug 201401,48989.394.04$6,008
Jul 201401,61496.564.18$6,746
Jun 201401,03698.164.74$4,907
May 201401,84094.734.73$8,697
Apr 201401,85795.944.81$8,931
Mar 201401,94195.895.06$9,815
Feb 201401,87197.406.19$11,585
Jan 201402,13290.404.86$10,363
Dec 201302,13991.824.35$9,314
Nov 201301,96788.853.74$7,353
Oct 201302,21297.423.78$8,360
Sep 201302,220104.113.72$8,253
Aug 201302,310104.253.52$8,137
Jul 201302,387102.523.72$8,874
Jun 201302,33994.403.93$9,200
May 201302,48794.834.15$10,319
Apr 201302,47293.964.28$10,587
Mar 201302,62393.623.91$10,263
Feb 201302,42391.233.42$8,286
Jan 201302,71591.603.42$9,285
Dec 201202,73686.773.42$9,358
Nov 201202,67086.953.62$9,679
Oct 201202,77789.383.40$9,441
Sep 201202,73994.672.92$7,994
Aug 201202,80792.662.91$8,163
Jul 201202,88985.133.02$8,727
Jun 201202,78179.822.52$7,005
May 201202,71691.612.49$6,758
Apr 201202,643101.652.00$5,278
Mar 201202,851105.052.22$6,335
Feb 20120400101.102.57$1,028
Jan 201202,84498.092.73$7,776
Dec 201102,91196.873.24$9,431
Nov 201102,82595.723.31$9,354
Oct 201102,87684.983.65$10,493
Sep 201102,74183.623.99$10,925
Aug 201102,81483.404.15$11,676
Jul 201103,00194.144.52$13,556
Jun 201102,74692.904.64$12,741
May 201101,80098.134.40$7,929
Apr 201101,881105.964.33$8,151
Mar 201101,47496.364.06$5,981
Feb 201101,86385.644.18$7,787
Jan 201102,29386.504.59$10,522
Dec 201001,21185.734.35$5,265
Nov 201003,22880.843.80$12,251
Oct 201001,46078.103.51$5,123
Sep 201001,37972.633.98$5,488
Aug 201002,05873.684.42$9,095
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201003,12378.394.39$13,706
Feb 201007,02273.585.44$38,216
Jan 201007,02674.365.96$41,904
Dec 200906,25771.445.48$34,312
Nov 200905,89174.593.75$22,100
Oct 200906,62672.544.11$27,235
Sep 200906,77465.543.06$20,761
Aug 200907,52267.423.22$24,210
Jul 200907,29361.133.46$25,267
Jun 200908,62966.163.90$33,610
May 200909,08654.743.93$35,669
Apr 200908,60646.773.59$30,874
Mar 200909,56342.144.06$38,816
Feb 200909,39532.814.63$43,527
Jan 2009010,34235.865.37$55,547
Dec 2008111,10637.105.98$66,419
Nov 2008011,04855.496.86$75,793
Oct 200826,15475.246.92$42,748
Sep 2008021101.767.88$165
Aug 200800114.228.48$0
Jul 200802,847131.0811.39$32,426
Jun 200804,784131.3313.03$62,348
May 200805,814123.1711.57$67,293
Apr 200805,649110.3110.45$59,060
Mar 200805,954101.909.66$57,540
Feb 200805,31392.538.77$46,598
Jan 200804,92990.388.21$40,446
Dec 200705,73688.337.30$41,884
Nov 200704,90691.677.29$35,773
Oct 200705,58382.856.92$38,645
Sep 200705,47775.846.24$34,199
Aug 200705,55269.066.39$35,466
Jul 200705,62970.906.39$35,958
Jun 200705,30262.007.55$40,022
May 200705,88958.747.85$46,207
Apr 200706,48559.617.81$50,617
Mar 200706,18356.927.30$45,148
Feb 200705,57255.108.22$45,780
Jan 200705,86150.306.73$39,426
Dec 200606,30656.656.92$43,628
Nov 200606,48354.207.62$49,384
Oct 200606,67454.906.01$40,136
Sep 200606,47960.085.04$32,636
Aug 200606,81668.717.34$50,029
Jul 200606,43069.376.34$40,784
Jun 200605,64866.286.38$36,056
May 200606,66366.016.42$42,810
Apr 200606,66464.397.36$49,050
Mar 200607,35456.707.08$52,088
Feb 200619,09857.597.75$70,577
Jan 2006011,82460.598.93$105,628
Dec 200517,08554.9413.42$95,103
Nov 200508,06554.6910.59$85,395
Oct 200508,12358.3413.80$112,063
Sep 200508,34661.4512.08$100,811
Aug 2005010,65361.519.80$104,366
Jul 2005010,84455.697.84$85,056
Jun 200509,08652.337.38$67,064
May 200507,16645.226.65$47,662
Apr 2005012,62049.207.36$92,889
Mar 200508,44650.377.15$60,430
Feb 200507,58445.226.31$47,870
Jan 200508,75443.166.32$55,345
Dec 200408,63739.866.75$58,309
Nov 200408,62645.286.33$54,606
Oct 200406,59249.706.52$42,948
Sep 200407,70643.245.28$40,718
Aug 200406,70042.375.55$37,189
Jul 200406,77338.286.08$41,208
Jun 200408,15236.106.43$52,442
May 200407,89937.486.49$51,301
Apr 200406,57634.475.86$38,525
Mar 200409,25134.365.53$51,159
Feb 2004010,84132.455.51$59,730
Jan 2004015,02832.036.30$94,671
Dec 200307,87630.266.30$49,632
Nov 200306,28928.804.60$28,899
Oct 200306,28228.174.76$29,900
Sep 200306,30226.314.75$29,930
Aug 2003015,52829.765.13$79,654
Jul 2003015,52729.415.17$80,288
Jun 200309,87928.565.98$59,106
May 2003017,67426.595.97$105,561
Apr 2003019,50826.675.41$105,485
Mar 2003017,75131.146.10$108,211
Feb 2003013,57933.487.93$107,626
Jan 2003023,15830.315.58$129,269
Dec 2002026,10326.914.85$126,698
Nov 2002016,58124.664.14$68,595
Oct 2002017,99826.464.23$76,116
Sep 2002018,45927.443.64$67,102
Aug 2002018,80525.963.16$59,502
Jul 2002019,10824.583.06$58,504
Jun 2002020,46823.733.34$68,327
May 2002020,97324.663.58$75,167
Apr 2002022,92423.653.51$80,516
Mar 2002014,16222.003.10$43,941
Feb 2002017,28018.222.38$41,052
Jan 2002021,14617.172.38$50,236
Dec 2001023,33216.932.36$55,166
Nov 2001017,33518.072.41$41,700
Oct 2001019,17819.782.53$48,499
Sep 2001017,98124.262.25$40,481
Aug 2001018,51724.873.05$56,535
Jul 2001019,90723.933.20$63,644
Jun 2001017,85224.563.82$68,269
May 2001020,32625.524.31$87,551
Apr 2001021,18824.685.34$113,045
Mar 2001017,85324.545.38$95,986
Feb 2001042927.755.77$2,474
Jan 200107,38927.478.40$62,058
Dec 200003,63826.889.12$33,188
Nov 200008,52832.215.66$48,251
Oct 2000019,87231.235.15$102,251
Sep 2000024,22431.875.19$125,638
Aug 2000025,11229.644.54$114,027
Jul 2000026,50628.534.09$108,403
Jun 2000026,18529.304.40$115,142
May 2000026,96627.263.68$99,228
Apr 2000027,62424.513.12$86,076
Mar 2000028,59928.422.86$81,786
Feb 2000027,58027.622.73$75,197
Jan 2000029,77125.272.48$73,847
Dec 1999026,02124.282.42$63,068
Nov 1999025,64923.192.43$62,429
Oct 1999028,41520.982.80$79,667
Sep 1999016,85421.752.62$44,138
Aug 1999030,75419.262.88$88,436
Jul 1999032,51517.892.37$77,138
Jun 1999028,45215.942.36$67,206
May 1999033,17915.792.32$77,009
Apr 1999036,48815.102.21$80,567
Mar 1999037,31812.471.84$68,603
Feb 1999036,6369.981.82$66,597
Jan 1999034,33510.381.90$65,235
Dec 1998036,7069.201.77$65,091
Nov 199801,80910.892.19$3,954
Oct 199801812.421.97$35
Sep 199807,45312.592.08$15,522
Aug 1998013,02211.301.91$24,838
Jul 1998070,01011.742.24$156,631
Jun 1998070,15811.242.24$156,962
May 1998075,65212.622.21$166,914
Apr 19985376,30513.042.51$191,860
Mar 1998081,24012.802.31$187,619
Feb 1998076,41413.952.30$175,686
Jan 1998088,02014.702.15$189,665
Dec 1997093,18316.322.41$224,674
Nov 1997095,15618.193.09$293,866
Oct 19970102,37319.253.15$322,457
Sep 19970106,58217.742.95$314,937
Aug 19970112,25617.862.55$286,785
Jul 19970122,10817.582.25$274,369
Jun 19971124,93317.242.26$282,016
May 19973133,40918.972.31$308,032
Apr 19974142,48617.882.08$296,839
Mar 19972164,21418.951.94$318,472
Feb 19970157,55120.492.21$347,542
Jan 19970198,70623.483.54$703,360
Dec 19960217,94823.32$0
Nov 19961240,10921.97$22
Oct 19961287,47923.31$23
Sep 19966338,65922.22$133
Aug 1996113395,32620.26$2,289
Jul 19960389,81819.55$0
Jun 19963484,80818.73$56
May 1996173503,82119.43$3,361
Apr 19960451,98421.51$0
Mar 19960510,85019.38$0
Feb 19960560,15516.98$0
Jan 19960718,63517.07$0
Dec 19952664,50617.19$34
Nov 19950623,27516.00$0
Oct 19951480,07515.43$15
Sep 19950333,39716.18$0
Aug 1995011,94715.92$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  986 Mcf  × $  3.05 =     $3,003

────────────────────────────────────────────────────
Month total                                   $3,003

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. 03/G/156246 is the state's own key, not one this site invented.