SCHULTE UNIT

Operated by VERDUN OIL & GAS LLC (P-5 884566) 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 157450District 03Field 347735503 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Dec 1995 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
366
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 Gas111996-05-13134736
NGPA1none
ST-11none235392

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
CondensateDisposition25,575 bbl$679,961
GasProduction4,986,301 Mcf$9,369,880
Total$10,049,841

2,332,497 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 30.3439, -96.3580. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.34392, -96.35795 · 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
15,895 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 15,895 ft.

Completions filed
Dec 1995
1 of 1 wells

1 well

42-477308033H15,895 ftDec 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 (366)

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

366 months

May 202601106.413.05$3
Apr 20260398.932.87$9
Mar 202601589.753.15$47
Feb 20260963.503.75$34
Jan 202601059.138.00$80
Dec 202503056.664.41$132
Nov 202503158.593.93$122
Oct 2025025059.383.30$826
Sep 202509562.743.08$292
Aug 202501363.933.01$39
Jul 20250066.743.32$0
Jun 202507266.483.13$225
May 202503360.553.23$107
Apr 20250062.363.54$0
Mar 20250367.704.27$13
Feb 20250070.884.34$0
Jan 202501774.324.28$73
Dec 202401368.993.12$41
Nov 20240069.052.20$0
Oct 202405471.372.28$123
Sep 202401269.612.36$28
Aug 202406675.632.06$136
Jul 20240079.932.15$0
Jun 202403678.082.63$95
May 202403978.812.20$86
Apr 202405084.451.66$83
Mar 20240880.301.55$12
Feb 2024013776.091.78$244
Jan 2024016973.023.30$557
Dec 2023052171.262.61$1,360
Nov 2023029077.892.81$814
Oct 2023069385.443.09$2,139
Sep 2023036389.042.74$993
Aug 2023036780.522.67$981
Jul 2023016374.852.64$431
Jun 2023061068.962.26$1,378
May 2023032470.622.23$722
Apr 2023054378.122.24$1,215
Mar 2023059372.852.39$1,419
Feb 2023055275.112.47$1,361
Jan 202302676.533.39$88
Dec 2022044176.415.73$2,527
Nov 2022038185.005.65$2,151
Oct 2022041887.185.86$2,451
Sep 2022017084.888.16$1,388
Aug 202205194.529.13$465
Jul 202206101.587.54$45
Jun 2022013115.097.98$104
May 2022014109.378.43$118
Apr 20220402104.226.84$2,749
Mar 20220607108.885.08$3,081
Feb 2022024991.054.86$1,210
Jan 2022045181.844.54$2,046
Dec 2021038171.323.90$1,486
Nov 2021030177.435.24$1,576
Oct 2021012479.795.71$709
Sep 2021013069.865.35$696
Aug 2021035066.024.22$1,477
Jul 2021044970.783.98$1,788
Jun 2021045869.493.38$1,548
May 2021045063.483.02$1,358
Apr 2021047960.362.76$1,321
Mar 2021049061.302.72$1,331
Feb 2021051857.805.55$2,874
Jan 2021053050.412.81$1,489
Dec 2020044144.642.68$1,180
Nov 2020048738.772.71$1,318
Oct 2020049736.972.48$1,232
Sep 2020086637.091.99$1,724
Aug 2020051439.982.39$1,226
Jul 2020051538.371.83$940
Jun 2020044034.901.69$744
May 2020045216.921.81$820
Apr 2020042514.751.80$767
Mar 2020036730.341.86$681
Feb 2020043349.881.98$858
Jan 2020086657.252.09$1,814
Dec 2019048159.012.30$1,108
Nov 2019045655.302.75$1,254
Oct 2019049853.472.42$1,204
Sep 201918995855.052.66$12,950
Aug 2019046953.112.30$1,081
Jul 2019081956.272.46$2,015
Jun 201901,00452.782.49$2,501
May 2019090258.482.74$2,472
Apr 201901,02262.632.75$2,811
Mar 2019064656.803.06$1,978
Feb 2019046350.852.79$1,293
Jan 2019074146.033.23$2,392
Dec 2018096046.594.19$4,018
Nov 2018047152.934.24$1,996
Oct 2018094161.443.40$3,198
Sep 2018049659.543.11$1,542
Aug 2018070559.403.07$2,162
Jul 2018078765.142.93$2,307
Jun 2018088660.183.08$2,726
May 2018086265.382.90$2,500
Apr 2018099363.842.90$2,880
Mar 201801,44961.222.79$4,038
Feb 2018070961.782.77$1,961
Jan 2018167862.874.01$2,781
Dec 201701,14457.272.92$3,342
Nov 201701,20955.423.12$3,770
Oct 20171684,65749.292.98$22,176
Sep 201734,98047.523.09$15,517
Aug 201705,78945.373.00$17,392
Jul 201706,94543.873.09$21,441
Jun 2017415,20442.493.09$47,109
May 20171866,88245.373.26$30,898
Apr 201735,32347.933.21$17,239
Mar 2017073246.772.98$2,184
Feb 2017181650.452.95$2,460
Jan 201701,17249.413.42$4,007
Dec 201601,06248.763.72$3,954
Nov 2016095842.492.64$2,533
Oct 201601,04046.193.09$3,214
Sep 201601,05341.553.10$3,265
Aug 201601,10841.442.92$3,240
Jul 201601,23041.622.92$3,597
Jun 2016095145.352.69$2,554
May 201601,01442.521.99$2,019
Apr 201601,15836.561.99$2,306
Mar 201601,16733.011.79$2,094
Feb 201601,11626.472.06$2,303
Jan 201601,26127.352.36$2,981
Dec 201501,49932.362.00$3,000
Nov 201501,22938.792.17$2,664
Oct 201501,35443.552.43$3,286
Sep 201501,32242.992.76$3,647
Aug 201501,40040.162.87$4,021
Jul 201501,45948.152.95$4,297
Jun 20151771,46356.152.88$14,156
May 201501,49355.212.96$4,412
Apr 201501,54549.822.71$4,182
Mar 201501,69342.892.93$4,968
Feb 201501,36444.662.98$4,060
Jan 201501,33543.433.10$4,139
Dec 201401,35154.693.59$4,852
Nov 201402,99570.464.25$12,734
Oct 201404,36478.303.90$17,024
Sep 201402,21086.164.05$8,940
Aug 201403,17189.394.04$12,795
Jul 201404,21296.564.18$17,604
Jun 201403,82198.164.74$18,100
May 201405,93294.734.73$28,038
Apr 20141796,41795.944.81$48,033
Mar 201402,27795.895.06$11,514
Feb 201402,05197.406.19$12,700
Jan 201402,27890.404.86$11,073
Dec 201302,65391.824.35$11,552
Nov 201303,93088.853.74$14,691
Oct 201303,80497.423.78$14,377
Sep 201304,453104.113.72$16,555
Aug 201303,154104.253.52$11,110
Jul 201301,479102.523.72$5,499
Jun 20131802,55694.403.93$27,046
May 201303,20094.834.15$13,277
Apr 201302,55193.964.28$10,925
Mar 201302,71093.623.91$10,604
Feb 201303,99491.233.42$13,659
Jan 201305,19991.603.42$17,780
Dec 201205,91286.773.42$20,220
Nov 201203,19386.953.62$11,575
Oct 201204,53189.383.40$15,404
Sep 201203,88794.672.92$11,344
Aug 201204,79092.662.91$13,930
Jul 201204,52785.133.02$13,675
Jun 201204,15679.822.52$10,469
May 201205,37891.612.49$13,382
Apr 201204,592101.652.00$9,169
Mar 201204,825105.052.22$10,722
Feb 201203,891101.102.57$10,001
Jan 20121845,30498.092.73$32,550
Dec 201102,90296.873.24$9,402
Nov 201102,67895.723.31$8,868
Oct 201124,91784.983.65$18,110
Sep 201114,72483.623.99$18,913
Aug 201135,46483.404.15$22,922
Jul 201116,01894.144.52$27,279
Jun 201144,62392.904.64$21,822
May 201104,52098.134.40$19,910
Apr 20112974,139105.964.33$49,406
Mar 201124,66196.364.06$19,104
Feb 201101,75985.644.18$7,353
Jan 201103,31286.504.59$15,198
Dec 201004,39685.734.35$19,113
Nov 201004,37780.843.80$16,612
Oct 20101934,38978.103.51$30,474
Sep 201004,56372.633.98$18,158
Aug 201002,95073.684.42$13,037
Jul 201004,45572.554.74$21,101
Jun 201004,64370.364.91$22,799
May 201004,80871.124.24$20,363
Apr 201005,04881.694.12$20,811
Mar 201005,06878.394.39$22,242
Feb 20101944,21573.585.44$37,214
Jan 201024,45074.365.96$26,689
Dec 200935,55371.445.48$30,666
Nov 200913,37874.593.75$12,747
Oct 200935,89372.544.11$24,439
Sep 200913,71465.543.06$11,448
Aug 200934,48467.423.22$14,634
Jul 200915,05761.133.46$17,581
Jun 20091955,20166.163.90$33,159
May 200924,34354.743.93$17,159
Apr 200904,99846.773.59$17,930
Mar 200905,71042.144.06$23,177
Feb 200906,77432.814.63$31,384
Jan 200904,05635.865.37$21,785
Dec 200804,24637.105.98$25,379
Nov 200806,62255.496.86$45,429
Oct 200804,74975.246.92$32,872
Sep 200805,999101.767.88$47,255
Aug 200803,825114.228.48$32,448
Jul 20081876,927131.0811.39$103,407
Jun 200806,597131.3313.03$85,976
May 200804,285123.1711.57$49,596
Apr 200804,851110.3110.45$50,717
Mar 200804,904101.909.66$47,393
Feb 200805,86792.538.77$51,457
Jan 200805,02590.388.21$41,234
Dec 20072013,43288.337.30$42,815
Nov 200704,68091.677.29$34,125
Oct 200706,00682.856.92$41,573
Sep 200704,77375.846.24$29,803
Aug 200707,26669.066.39$46,415
Jul 200707,52670.906.39$48,076
Jun 200707,54462.007.55$56,946
May 20072017,69658.747.85$72,192
Apr 200708,14559.617.81$63,573
Mar 200708,87956.927.30$64,834
Feb 200704,96855.108.22$40,817
Jan 200705,35150.306.73$35,995
Dec 20062036,92156.656.92$59,382
Nov 200606,78154.207.62$51,654
Oct 200608,26754.906.01$49,716
Sep 200606,83260.085.04$34,414
Aug 200607,95268.717.34$58,367
Jul 200609,22769.376.34$58,525
Jun 20061999,20466.286.38$71,947
May 200606,51566.016.42$41,859
Apr 200606,03664.397.36$44,428
Mar 200604,17356.707.08$29,557
Feb 2006078457.597.75$6,077
Jan 20060060.598.93$0
Dec 20050354.9413.42$40
Nov 200503254.6910.59$339
Oct 200503,61958.3413.80$49,927
Sep 20052022,57961.4512.08$43,565
Aug 200502,80661.519.80$27,490
Jul 200504,14055.697.84$32,473
Jun 200502,85052.337.38$21,036
May 200502,12645.226.65$14,140
Apr 200502,37249.207.36$17,459
Mar 200501,94950.377.15$13,945
Feb 200502,11945.226.31$13,375
Jan 200501,15643.166.32$7,308
Dec 20042012,16939.866.75$22,655
Nov 200402,85745.286.33$18,086
Oct 200402,23749.706.52$14,574
Sep 200403,50943.245.28$18,541
Aug 200402,25642.375.55$12,522
Jul 200402,48038.286.08$15,089
Jun 200402,81436.106.43$18,103
May 200403,46737.486.49$22,517
Apr 200402,85034.475.86$16,697
Mar 20041993,28834.365.53$25,021
Feb 200403,14132.455.51$17,306
Jan 200403,11132.036.30$19,598
Dec 200304,45130.266.30$28,049
Nov 200305,10428.804.60$23,454
Oct 200303,50228.174.76$16,668
Sep 200305,44626.314.75$25,865
Aug 200304,98629.765.13$25,577
Jul 200307,95129.415.17$41,113
Jun 200306,22728.565.98$37,256
May 2003010,77226.595.97$64,338
Apr 20031845,60226.675.41$35,199
Mar 200306,15531.146.10$37,521
Feb 200305,44933.487.93$43,188
Jan 20031866,19430.315.58$40,213
Dec 200209,08926.914.85$44,116
Nov 200209,28524.664.14$38,412
Oct 200204,09826.464.23$17,331
Sep 20021835,22327.443.64$24,008
Aug 200205,56125.963.16$17,596
Jul 200208,07324.583.06$24,718
Jun 200208,57123.733.34$28,612
May 20021819,98424.663.58$40,246
Apr 2002010,12223.653.51$35,552
Mar 200218011,16922.003.10$38,614
Feb 200208,97318.222.38$21,317
Jan 200210911,55917.172.38$29,332
Dec 200118212,96116.932.36$33,726
Nov 2001011,15818.072.41$26,841
Oct 200118714,50419.782.53$40,378
Sep 2001012,88224.262.25$29,002
Aug 200118810,83124.873.05$37,744
Jul 2001012,97723.933.20$41,489
Jun 200118413,25424.563.82$55,204
May 2001013,96125.524.31$60,134
Apr 2001013,97524.685.34$74,561
Mar 200118314,57624.545.38$82,858
Feb 2001014,41627.755.77$83,138
Jan 200117916,62727.478.40$144,563
Dec 200018516,45926.889.12$155,120
Nov 2000018,30532.215.66$103,570
Oct 200015819,74031.235.15$106,507
Sep 20007719,22031.875.19$102,139
Aug 200016421,13729.644.54$100,839
Jul 2000020,28828.534.09$82,973
Jun 200016817,60029.304.40$82,314
May 200018217,97627.263.68$71,109
Apr 200020218,93624.513.12$63,956
Mar 20001117,77228.422.86$51,136
Feb 200018914,50427.622.73$44,765
Jan 200019318,18225.272.48$49,978
Dec 199916419,62924.282.42$51,557
Nov 199933520,38723.192.43$57,390
Oct 199920319,54120.982.80$59,046
Sep 199917521,44821.752.62$59,975
Aug 199926122,50119.262.88$69,731
Jul 199918122,82817.892.37$57,395
Jun 199916923,17315.942.36$57,431
May 199917924,08215.792.32$58,721
Apr 199935923,98415.102.21$58,379
Mar 199919424,93612.471.84$48,260
Feb 199917523,2599.981.82$44,026
Jan 199934927,06310.381.90$55,041
Dec 199819327,7459.201.77$50,976
Nov 199838326,69410.892.19$62,516
Oct 199821729,42112.421.97$60,631
Sep 199834631,14612.592.08$69,221
Aug 199818327,73911.301.91$54,976
Jul 199839833,79311.742.24$80,277
Jun 199820534,10211.242.24$78,600
May 199838037,33812.622.21$87,176
Apr 199839237,83013.042.51$99,888
Mar 199836240,23112.802.31$97,545
Feb 199839038,52213.952.30$94,008
Jan 199839241,36914.702.15$94,904
Dec 199719742,78416.322.41$106,372
Nov 199733144,12318.193.09$142,284
Oct 199738447,33519.253.15$156,489
Sep 199739550,01717.742.95$154,802
Aug 199719253,72817.862.55$140,690
Jul 199758057,28617.582.25$138,915
Jun 199739460,62117.242.26$143,626
May 199720266,03218.972.31$156,267
Apr 199720369,95917.882.08$149,339
Mar 199740274,64118.951.94$152,357
Feb 199738570,95520.492.21$164,408
Jan 199741087,10223.483.54$317,942
Dec 199639592,46623.32$9,211
Nov 1996221100,35721.97$4,855
Oct 1996601119,59023.31$14,009
Sep 1996212128,16922.22$4,711
Aug 1996513157,42520.26$10,393
Jul 1996408184,29219.55$7,976
Jun 1996618187,86118.73$11,575
May 1996586221,67019.43$11,386
Apr 199610105,81921.51$215
Mar 1996879278,80619.38$17,035
Feb 19961,323303,13616.98$22,465
Jan 19961,711336,00517.07$29,207
Dec 19957116,90117.19$120

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                    1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/157450 is the state's own key, not one this site invented.