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 258225District 03Field 347735502 tax incentive programmesGasSaveExport
Value, all time
$737 k
Jul 2010 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
191
no gaps in the span
Streams
1
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 Gas112011-03-16201123
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
GasProduction200,989 Mcf$736,716
Total$736,716

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 30.2681, -96.3692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.26814, -96.36925 · 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
13,968 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 13,968 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-477308852RE13,968 ftJul 2010

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 (191)

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

191 months

May 202672106.413.05$219
Apr 20263998.932.87$112
Mar 202610989.753.15$343
Feb 20268363.503.75$311
Jan 202618959.138.00$1,512
Dec 202522656.664.41$997
Nov 20255158.593.93$200
Oct 202514859.383.30$489
Sep 202510862.743.08$332
Aug 202514863.933.01$446
Jul 202510866.743.32$358
Jun 202515366.483.13$479
May 202519560.553.23$630
Apr 202523862.363.54$843
Mar 202528767.704.27$1,225
Feb 202512370.884.34$534
Jan 202522074.324.28$941
Dec 202419268.993.12$599
Nov 202415069.052.20$330
Oct 202413171.372.28$299
Sep 202417869.612.36$421
Aug 20249475.632.06$194
Jul 202432779.932.15$702
Jun 202418678.082.63$490
May 202426378.812.20$578
Apr 20249684.451.66$159
Mar 202416080.301.55$247
Feb 202422176.091.78$394
Jan 202417473.023.30$574
Dec 202341171.262.61$1,073
Nov 202317277.892.81$483
Oct 20237685.443.09$235
Sep 20235789.042.74$156
Aug 20232180.522.67$56
Jul 2023874.852.64$21
Jun 2023568.962.26$11
May 20232570.622.23$56
Apr 20237778.122.24$172
Mar 20234872.852.39$115
Feb 202312975.112.47$318
Jan 202313876.533.39$468
Dec 202215776.415.73$899
Nov 202227785.005.65$1,564
Oct 202211987.185.86$698
Sep 202211284.888.16$914
Aug 202213094.529.13$1,187
Jul 2022303101.587.54$2,285
Jun 2022140115.097.98$1,117
May 202277109.378.43$649
Apr 2022133104.226.84$909
Mar 2022139108.885.08$706
Feb 202216491.054.86$797
Jan 202214681.844.54$663
Dec 202131571.323.90$1,228
Nov 202115877.435.24$827
Oct 202115779.795.71$897
Sep 202115069.865.35$803
Aug 202128466.024.22$1,199
Jul 202114770.783.98$585
Jun 202127269.493.38$920
May 202128163.483.02$848
Apr 202112460.362.76$342
Mar 202126561.302.72$720
Feb 202137757.805.55$2,092
Jan 202115950.412.81$447
Dec 202016244.642.68$433
Nov 202014138.772.71$382
Oct 202027436.972.48$679
Sep 202010037.091.99$199
Aug 202017139.982.39$408
Jul 202030838.371.83$562
Jun 202014734.901.69$248
May 202028416.921.81$515
Apr 202014514.751.80$262
Mar 202031530.341.86$585
Feb 202015049.881.98$297
Jan 2020057.252.09$0
Dec 201914859.012.30$341
Nov 201913855.302.75$380
Oct 201927353.472.42$660
Sep 201926155.052.66$694
Aug 201914953.112.30$343
Jul 201927456.272.46$674
Jun 201928352.782.49$705
May 201930158.482.74$825
Apr 201926362.632.75$723
Mar 201914056.803.06$429
Feb 201932850.852.79$916
Jan 201925746.033.23$830
Dec 201835546.594.19$1,486
Nov 2018152.934.24$4
Oct 201842061.443.40$1,427
Sep 201858559.543.11$1,818
Aug 201854459.403.07$1,668
Jul 201826165.142.93$765
Jun 2018660.183.08$18
May 201828465.382.90$824
Apr 201831663.842.90$917
Mar 201830461.222.79$847
Feb 201821361.782.77$589
Jan 201824462.874.01$978
Dec 201715757.272.92$459
Nov 20172455.423.12$75
Oct 201713049.292.98$388
Sep 201716447.523.09$506
Aug 201713345.373.00$400
Jul 201713943.873.09$429
Jun 201711842.493.09$364
May 201717445.373.26$568
Apr 201732847.933.21$1,053
Mar 201747346.772.98$1,411
Feb 201735350.452.95$1,042
Jan 201717649.413.42$602
Dec 201675248.763.72$2,800
Nov 20166942.492.64$182
Oct 201674446.193.09$2,299
Sep 201617441.553.10$540
Aug 201669141.442.92$2,021
Jul 201681341.622.92$2,377
Jun 201657745.352.69$1,550
May 201672642.521.99$1,446
Apr 201677136.561.99$1,535
Mar 201685333.011.79$1,530
Feb 201680426.472.06$1,659
Jan 201681927.352.36$1,936
Dec 201582132.362.00$1,643
Nov 201586738.792.17$1,879
Oct 201598243.552.43$2,383
Sep 201596242.992.76$2,654
Aug 20151,30240.162.87$3,740
Jul 20151,45948.152.95$4,297
Jun 201597056.152.88$2,796
May 20151,84155.212.96$5,441
Apr 20151,98349.822.71$5,367
Mar 20152,15142.892.93$6,313
Feb 20152,29344.662.98$6,824
Jan 201581043.433.10$2,512
Dec 20141,02754.693.59$3,688
Nov 20141,74870.464.25$7,432
Oct 20142,58978.303.90$10,100
Sep 20141,69386.164.05$6,849
Aug 201475789.394.04$3,055
Jul 201477696.564.18$3,243
Jun 201477998.164.74$3,690
May 201484494.734.73$3,989
Apr 201486295.944.81$4,145
Mar 201492395.895.06$4,667
Feb 201484697.406.19$5,238
Jan 20141,00590.404.86$4,885
Dec 20131,10291.824.35$4,799
Nov 20131,27988.853.74$4,781
Oct 20132,17297.423.78$8,209
Sep 20132,256104.113.72$8,387
Aug 20132,634104.253.52$9,279
Jul 20131,456102.523.72$5,413
Jun 20131,03294.403.93$4,059
May 20131,15894.834.15$4,805
Apr 20131,27993.964.28$5,477
Mar 20131,75693.623.91$6,871
Feb 20132,16391.233.42$7,397
Jan 20132,66391.603.42$9,107
Dec 20121,19586.773.42$4,087
Nov 20121,11486.953.62$4,038
Oct 20121,16589.383.40$3,961
Sep 20121,33494.672.92$3,893
Aug 20121,55392.662.91$4,516
Jul 20122,40785.133.02$7,271
Jun 20122,31279.822.52$5,824
May 20122,94591.612.49$7,328
Apr 20122,315101.652.00$4,623
Mar 20122,633105.052.22$5,851
Feb 20122,659101.102.57$6,834
Jan 20122,71898.092.73$7,431
Dec 20113,02796.873.24$9,807
Nov 20113,15095.723.31$10,431
Oct 20113,01884.983.65$11,011
Sep 20113,35883.623.99$13,384
Aug 20113,56483.404.15$14,788
Jul 20113,99794.144.52$18,055
Jun 20114,42992.904.64$20,550
May 20113,59198.134.40$15,818
Apr 20114,761105.964.33$20,631
Mar 20115,40196.364.06$21,914
Feb 20114,81085.644.18$20,106
Jan 20116,66386.504.59$30,575
Dec 20107,46885.734.35$32,469
Nov 20108,99980.843.80$34,154
Oct 20108,33978.103.51$29,261
Sep 201011,84772.633.98$47,145
Aug 20109,84873.684.42$43,522
Jul 2010072.554.74$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
Gas                   72 Mcf  × $  3.05 =       $219

────────────────────────────────────────────────────
Month total                                     $219

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/258225 is the state's own key, not one this site invented.