SCHMIDT

Operated by DYNAMIC PRODUCTION, INC. (P-5 237926) in the EGYPT (COOK MTN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 167086District 03Field 278070752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Jan 1998 – Nov 2023
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
311
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1996-12-08
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/1999.

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 Gas112002-07-10148310
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
CondensateDisposition13,592 bbl$300,282
GasProduction571,054 Mcf$1,917,335
Total$2,217,617

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 29.3992, -96.2371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.39925, -96.23709 · 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
9,000 ft
1 wells filed one
Completion to plug
25.7 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 9,000 ft.

Completions filed
Jan 1998
1 of 1 wells
Plug dates filed
Sep 2023
1 of 1 wells

Last completion to plug: a median of 25.7 years across the 1 well that filed both dates, with the middle half between 25.7 years and 25.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813401119,000 ftJan 1998Sep 2023Yes

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 (311)

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

311 months

Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202357089.042.74$5,075
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201903055.052.66$80
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201903356.803.06$101
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180646.594.19$25
Nov 201803052.934.24$127
Oct 201803061.443.40$102
Sep 201803059.543.11$93
Aug 201803659.403.07$110
Jul 2018553565.142.93$3,685
Jun 201803860.183.08$117
May 201805265.382.90$151
Apr 201808063.842.90$232
Mar 2018012161.222.79$337
Feb 20180361.782.77$8
Jan 201803062.874.01$120
Dec 2017012157.272.92$354
Nov 2017018755.423.12$583
Oct 201704949.292.98$146
Sep 201704447.523.09$136
Aug 201705645.373.00$168
Jul 201705643.873.09$173
Jun 201709542.493.09$293
May 2017011545.373.26$375
Apr 2017014247.933.21$456
Mar 2017038946.772.98$1,161
Feb 2017023050.452.95$679
Jan 2017037749.413.42$1,289
Dec 2016022248.763.72$826
Nov 2016038542.492.64$1,018
Oct 2016033546.193.09$1,035
Sep 20168824741.553.10$4,422
Aug 2016042741.442.92$1,249
Jul 2016022841.622.92$667
Jun 2016043445.352.69$1,166
May 2016028942.521.99$575
Apr 2016544436.561.99$1,067
Mar 2016030333.011.79$544
Feb 2016059826.472.06$1,234
Jan 2016039527.352.36$934
Dec 2015028332.362.00$566
Nov 201510541438.792.17$4,970
Oct 2015044643.552.43$1,082
Sep 2015026042.992.76$717
Aug 2015039540.162.87$1,135
Jul 2015041248.152.95$1,213
Jun 2015025056.152.88$721
May 2015042955.212.96$1,268
Apr 2015029649.822.71$801
Mar 2015047542.892.93$1,394
Feb 2015034144.662.98$1,015
Jan 2015051543.433.10$1,597
Dec 2014044654.693.59$1,602
Nov 2014038470.464.25$1,633
Oct 2014141678.303.90$1,701
Sep 2014036586.164.05$1,477
Aug 2014027289.394.04$1,098
Jul 2014038596.564.18$1,609
Jun 2014039798.164.74$1,881
May 20147137694.734.73$8,503
Apr 2014038895.944.81$1,866
Mar 2014046995.895.06$2,372
Feb 2014046597.406.19$2,879
Jan 2014096490.404.86$4,686
Dec 2013145591.824.35$2,073
Nov 2013036588.853.74$1,364
Oct 201310834997.423.78$11,840
Sep 20130168104.113.72$625
Aug 20130273104.253.52$962
Jul 20130387102.523.72$1,439
Jun 2013028994.403.93$1,137
May 2013040294.834.15$1,668
Apr 2013042493.964.28$1,816
Mar 2013039693.623.91$1,550
Feb 2013039791.233.42$1,358
Jan 2013035191.603.42$1,200
Dec 2012051386.773.42$1,755
Nov 2012045486.953.62$1,646
Oct 2012051189.383.40$1,737
Sep 2012043194.672.92$1,258
Aug 2012044992.662.91$1,306
Jul 2012046485.133.02$1,402
Jun 2012055179.822.52$1,388
May 2012056391.612.49$1,401
Apr 20120549101.652.00$1,096
Mar 20120576105.052.22$1,280
Feb 20120583101.102.57$1,498
Jan 2012043698.092.73$1,192
Dec 20119161296.873.24$10,798
Nov 2011045795.723.31$1,513
Oct 2011058884.983.65$2,145
Sep 2011052183.623.99$2,077
Aug 2011053583.404.15$2,220
Jul 2011050494.144.52$2,277
Jun 2011048892.904.64$2,264
May 2011049298.134.40$2,167
Apr 20110665105.964.33$2,882
Mar 2011052596.364.06$2,130
Feb 2011092585.644.18$3,866
Jan 2011067486.504.59$3,093
Dec 20108172185.734.35$10,079
Nov 2010063080.843.80$2,391
Oct 2010045978.103.51$1,611
Sep 2010059872.633.98$2,380
Aug 2010053573.684.42$2,364
Jul 2010052172.554.74$2,468
Jun 2010076470.364.91$3,752
May 2010080171.124.24$3,392
Apr 20105983981.694.12$8,279
Mar 2010072278.394.39$3,169
Feb 2010033473.585.44$1,818
Jan 2010040974.365.96$2,439
Dec 2009049371.445.48$2,703
Nov 20095195974.593.75$7,402
Oct 2009065772.544.11$2,700
Sep 2009054165.543.06$1,658
Aug 2009023467.423.22$753
Jul 20095725261.133.46$4,357
Jun 2009034166.163.90$1,328
May 2009030954.743.93$1,213
Apr 2009042646.773.59$1,528
Mar 2009019842.144.06$804
Feb 2009033532.814.63$1,552
Jan 2009057635.865.37$3,094
Dec 200816444937.105.98$8,768
Nov 2008040255.496.86$2,758
Oct 2008036575.246.92$2,527
Sep 20080398101.767.88$3,135
Aug 20080333114.228.48$2,825
Jul 20080371131.0811.39$4,225
Jun 20080654131.3313.03$8,523
May 200801,093123.1711.57$12,651
Apr 20080400110.3110.45$4,182
Mar 20080557101.909.66$5,383
Feb 2008037492.538.77$3,280
Jan 2008076990.388.21$6,310
Dec 2007085888.337.30$6,265
Nov 200711174591.677.29$15,608
Oct 2007033382.856.92$2,305
Sep 2007056975.846.24$3,553
Aug 2007049569.066.39$3,162
Jul 2007068770.906.39$4,389
Jun 2007088562.007.55$6,680
May 2007080658.747.85$6,324
Apr 200701,11959.617.81$8,734
Mar 200701,19356.927.30$8,711
Feb 200701,16955.108.22$9,605
Jan 200701,26650.306.73$8,516
Dec 200601,32356.656.92$9,153
Nov 200601,45754.207.62$11,099
Oct 200601,44554.906.01$8,690
Sep 200601,46760.085.04$7,390
Aug 20061081,34668.717.34$17,300
Jul 200601,48269.376.34$9,400
Jun 200601,31766.286.38$8,408
May 200601,90666.016.42$12,246
Apr 200601,48764.397.36$10,945
Mar 200601,43656.707.08$10,171
Feb 2006071857.597.75$5,565
Jan 200611794160.598.93$15,495
Dec 200519168054.9413.42$19,616
Nov 2005033854.6910.59$3,579
Oct 2005057058.3413.80$7,864
Sep 2005073361.4512.08$8,854
Aug 2005071661.519.80$7,015
Jul 2005052355.697.84$4,102
Jun 200518266152.337.38$14,403
May 2005084945.226.65$5,647
Apr 2005074649.207.36$5,491
Mar 2005085550.377.15$6,117
Feb 200501,28745.226.31$8,123
Jan 200501,06443.166.32$6,727
Dec 20041841,80339.866.75$19,506
Nov 200401,55945.286.33$9,869
Oct 200401,60149.706.52$10,431
Sep 200401,79143.245.28$9,463
Aug 200401,79942.375.55$9,986
Jul 200402,17138.286.08$13,209
Jun 200401,87636.106.43$12,068
May 200401,62837.486.49$10,573
Apr 200402,18234.475.86$12,783
Mar 200401,66634.365.53$9,213
Feb 200401,88632.455.51$10,391
Jan 200402,33832.036.30$14,729
Dec 200302,17630.266.30$13,712
Nov 20031622,05828.804.60$14,122
Oct 200302,45628.174.76$11,690
Sep 200302,89626.314.75$13,754
Aug 20031852,85129.765.13$20,130
Jul 200302,64929.415.17$13,698
Jun 200303,01528.565.98$18,039
May 200302,63926.595.97$15,762
Apr 200302,84826.675.41$15,400
Mar 200303,16731.146.10$19,306
Feb 20031862,63333.487.93$27,096
Jan 200303,20930.315.58$17,913
Dec 200203,38226.914.85$16,415
Nov 20021872,82424.664.14$16,294
Oct 200203,12326.464.23$13,208
Sep 200202,09827.443.64$7,627
Aug 200202,53825.963.16$8,031
Jul 200202,02624.583.06$6,203
Jun 200202,07623.733.34$6,930
May 200202,33724.663.58$8,376
Apr 200202,26723.653.51$7,962
Mar 200202,41322.003.10$7,487
Feb 20021852,06518.222.38$8,276
Jan 20021961,98917.172.38$8,091
Dec 200102,55916.932.36$6,051
Nov 200102,05618.072.41$4,946
Oct 200101,93519.782.53$4,893
Sep 200102,42324.262.25$5,455
Aug 200102,42024.873.05$7,389
Jul 200102,54423.933.20$8,133
Jun 200102,13224.563.82$8,153
May 20013572,06825.524.31$18,018
Apr 200102,23924.685.34$11,946
Mar 200102,19924.545.38$11,823
Feb 200101,90927.755.77$11,009
Jan 200102,25127.478.40$18,906
Dec 200002,23026.889.12$20,343
Nov 200002,26032.215.66$12,787
Oct 20001852,93331.235.15$20,869
Sep 200002,88531.875.19$14,963
Aug 200002,08129.644.54$9,449
Jul 200002,89228.534.09$11,828
Jun 20001893,45229.304.40$20,717
May 200002,94427.263.68$10,833
Apr 20001893,43324.513.12$15,330
Mar 200003,81028.422.86$10,896
Feb 200004,37827.622.73$11,937
Jan 200002,38525.272.48$5,916
Dec 19991792,68124.282.42$10,844
Nov 19991954,46923.192.43$15,400
Oct 199904,86320.982.80$13,634
Sep 199905,19321.752.62$13,600
Aug 19991765,78019.262.88$20,011
Jul 19991776,24717.892.37$17,987
Jun 199906,98715.942.36$16,504
May 19991788,01815.792.32$21,421
Apr 19991698,61115.102.21$21,565
Mar 199918510,14512.471.84$20,957
Feb 199918510,1179.981.82$20,237
Jan 199917612,46210.381.90$25,504
Dec 199835313,1039.201.77$26,483
Nov 199836214,80010.892.19$36,291
Oct 199836013,14512.421.97$30,356
Sep 199817615,68612.592.08$34,884
Aug 199853318,31411.301.91$40,954
Jul 199853622,58611.742.24$56,824
Jun 199871326,89811.242.24$68,192
May 19981,07828,51112.622.21$76,509
Apr 19981,07129,12513.042.51$86,934
Mar 19981,08419,32912.802.31$58,514
Feb 19981,79849,04413.952.30$137,841
Jan 1998030914.702.15$666

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.

Sep 2023 — as filed, then multipliedworked
Condensate            57 bbl  × $ 89.04 =     $5,075
Gas                    0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                   $5,075

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/167086 is the state's own key, not one this site invented.