SCHULZE, A.G.

Operated by WCS OIL & GAS CORPORATION (P-5 902624) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14829District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – Feb 2018
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
302
no gaps in the span
Streams
2
oil, casinghead 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and 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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
NGPA3none

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
OilDisposition46,536 bbl$1,770,300
Casinghead gasProduction54,462 Mcf$260,333
Total$2,030,634

109 Mcf of this lease's gas, across 31 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 (2)

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 30.0612, -96.9925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

30.06122, -96.99249 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,432 ft
2 wells filed one
Completion to plug
17.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 8,384 and 8,480 ft, median 8,432 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1981 – Oct 1999
2 of 2 wells
Plug dates filed
Feb 1998 – Jan 2018
2 of 2 wells

Last completion to plug: a median of 17.3 years across the 2 wells that filed both dates, with the middle half between 16.7 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2873091218,480 ftOct 1999Jan 2018Yes
42-2873109828,384 ftDec 1981Feb 1998Yes

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 (302)

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

302 months

Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20171057.272.92$57
Nov 201778055.423.12$4,323
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
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 20141097.406.19$97
Jan 20148090.404.86$723
Dec 201312091.824.35$1,102
Nov 20136088.853.74$533
Oct 20135097.423.78$487
Sep 201370104.113.72$729
Aug 20131470104.253.52$15,325
Jul 201370102.523.72$718
Jun 201361694.403.93$629
May 201378194.834.15$1,000
Apr 201318010893.964.28$17,375
Mar 20131718393.623.91$16,334
Feb 2013523591.233.42$1,260
Jan 201317728791.603.42$17,195
Dec 201218831486.773.42$17,387
Nov 201217626486.953.62$16,260
Oct 201218319789.383.40$17,026
Sep 201268794.672.92$822
Aug 201271392.662.91$686
Jul 20121776085.133.02$15,249
Jun 2012416879.822.52$742
May 20121808691.612.49$16,704
Apr 201255101.652.00$518
Mar 201217153105.052.22$18,081
Feb 2012177187101.102.57$18,375
Jan 2012733898.092.73$1,611
Dec 201118432996.873.24$18,890
Nov 201117530395.723.31$17,754
Oct 201117830484.983.65$16,236
Sep 201118027083.623.99$16,128
Aug 201117727883.404.15$15,915
Jul 201118022394.144.52$17,953
Jun 201118417492.904.64$17,901
May 2011711598.134.40$1,193
Apr 20111788105.964.33$18,896
Mar 20117096.364.06$675
Feb 201136385.644.18$520
Jan 201117725186.504.59$16,462
Dec 201018128385.734.35$16,748
Nov 201017135780.843.80$15,179
Oct 201017435478.103.51$14,832
Sep 201017534172.633.98$14,067
Aug 201017833473.684.42$14,591
Jul 201018233172.554.74$14,772
Jun 2010813770.364.91$1,236
May 201018117071.124.24$13,593
Apr 20101806481.694.12$14,968
Mar 20101782578.394.39$14,063
Feb 201023073.585.44$310
Jan 20103074.365.96$223
Dec 20091766371.445.48$12,919
Nov 200971374.593.75$571
Oct 200976472.544.11$771
Sep 200917911265.543.06$12,075
Aug 2009410267.423.22$598
Jul 200985261.133.46$669
Jun 200917713766.163.90$12,244
May 200971254.743.93$430
Apr 20091411846.773.59$1,078
Mar 200967242.144.06$545
Feb 200918620032.814.63$7,029
Jan 20091618135.865.37$1,546
Dec 20081976537.105.98$7,697
Nov 200841755.496.86$339
Oct 200818125675.246.92$15,390
Sep 2008186219101.767.88$20,652
Aug 2008190328114.228.48$24,484
Jul 200813302131.0811.39$5,144
Jun 2008187139131.3313.03$26,370
May 2008561123.1711.57$1,322
Apr 20083441110.3110.45$4,942
Mar 2008177528101.909.66$23,139
Feb 2008544692.538.77$4,374
Jan 200818531090.388.21$19,264
Dec 200735288.337.30$645
Nov 200718125691.677.29$18,459
Oct 2007660282.856.92$4,664
Sep 200735352175.846.24$30,025
Aug 2007439369.066.39$2,787
Jul 200718143670.906.39$15,618
Jun 200718825062.007.55$13,543
May 2007418858.747.85$1,710
Apr 20071857159.617.81$11,582
Mar 20071849356.927.30$11,152
Feb 200753855.108.22$588
Jan 200735638150.306.73$20,470
Dec 200619042956.656.92$13,732
Nov 200618343954.207.62$13,263
Oct 200618537854.906.01$12,430
Sep 200618521660.085.04$12,203
Aug 200618522368.717.34$14,348
Jul 200618318569.376.34$13,868
Jun 2006717766.286.38$1,594
May 200671366.016.42$546
Apr 20061064.397.36$64
Mar 200635126456.707.08$21,772
Feb 200617928657.597.75$12,525
Jan 2006627760.598.93$2,838
Dec 200518419454.9413.42$12,712
Nov 2005713054.6910.59$1,759
Oct 20051803758.3413.80$11,012
Sep 20050061.4512.08$0
Aug 200538061.519.80$968
Jul 200517915155.697.84$11,153
Jun 2005219552.337.38$1,544
May 20051826545.226.65$8,662
Apr 200517819449.207.36$10,186
Mar 200535318350.377.15$19,090
Feb 200518213645.226.31$9,088
Jan 200518221243.166.32$9,195
Dec 200417517839.866.75$8,177
Nov 20041772145.286.33$8,148
Oct 20043496349.706.52$17,756
Sep 20043515143.245.28$15,447
Aug 20040342.375.55$17
Jul 20041038.286.08$38
Jun 20042036.106.43$72
May 20042037.486.49$75
Apr 20043034.475.86$103
Mar 20044034.365.53$137
Feb 20040032.455.51$0
Jan 20041751432.036.30$5,693
Dec 200313530.266.30$251
Nov 200335752628.804.60$12,699
Oct 200338375628.174.76$14,387
Sep 200337647926.314.75$12,168
Aug 200355762429.765.13$19,777
Jul 20035701,17129.415.17$22,819
Jun 20033761,16628.565.98$17,715
May 20035631,04226.595.97$21,194
Apr 200338073226.675.41$14,093
Mar 200356342131.146.10$20,098
Feb 200337345933.487.93$16,126
Jan 200337875530.315.58$15,672
Dec 200257588726.914.85$19,779
Nov 200257274524.664.14$17,188
Oct 200238386726.464.23$13,801
Sep 200237681927.443.64$13,295
Aug 200219155025.963.16$6,699
Jul 200237941224.583.06$10,577
Jun 2002427623.733.34$1,016
May 200255874524.663.58$16,430
Apr 200237954123.653.51$10,864
Mar 200237615722.003.10$8,759
Feb 200237652718.222.38$8,103
Jan 200256773617.172.38$11,484
Dec 200135353216.932.36$7,234
Nov 200158450118.072.41$11,758
Oct 200137410119.782.53$7,653
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200157267123.933.20$15,833
Jun 200175979224.563.82$21,670
May 200137751825.524.31$11,852
Apr 200177376924.685.34$23,181
Mar 200138968724.545.38$13,240
Feb 200157053827.755.77$18,920
Jan 200141930627.478.40$14,080
Dec 200027326.889.12$720
Nov 20000032.215.66$0
Oct 200037137531.235.15$13,516
Sep 200037667031.875.19$15,458
Aug 200037392329.644.54$15,247
Jul 20007511,07328.534.09$25,814
Jun 20007601,17929.304.40$27,452
May 20001,1331,15427.263.68$35,132
Apr 20001,1371,14624.513.12$31,439
Mar 200056448528.422.86$17,416
Feb 20001,5731,39827.622.73$47,258
Jan 20001,6891,75625.272.48$47,037
Dec 19991,6811,99724.282.42$45,655
Nov 19992,0431,64223.192.43$51,374
Oct 19993020.982.80$63
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999293010.381.90$3,041
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997174017.582.25$3,059
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997178017.882.08$3,183
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995101517.19$1,736
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 1995155616.41$2,544
May 19950617.56$0
Apr 1995163617.73$2,890
Mar 1995181616.44$2,976
Feb 19952616.58$33
Jan 1995176615.92$2,802
Dec 19940715.03$0
Nov 1994189715.90$3,005
Oct 1994183715.58$2,851
Sep 19941415.29$15
Aug 1994192116.13$3,097
Jul 1994182417.56$3,196
Jun 19941417.09$17
May 1994182415.88$2,890
Apr 1994181414.14$2,559
Mar 1994180412.46$2,243
Feb 1994191412.50$2,388
Jan 1994378612.66$4,785
Dec 1993188112.33$2,318
Nov 1993180114.49$2,608
Oct 1993359115.85$5,690
Sep 1993359115.03$5,396
Aug 1993180115.66$2,819
Jul 1993179115.46$2,767
Jun 1993183116.79$3,073
May 19930117.68$0
Apr 1993187118.05$3,375
Mar 1993185118.14$3,356
Feb 1993185117.90$3,312
Jan 1993184116.93$3,115

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.

Dec 2017 — as filed, then multipliedworked
Oil                    1 bbl  × $ 57.27 =        $57
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                      $57

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/O/14829 is the state's own key, not one this site invented.