SCHULTZ UNIT

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

Oil lease lease 15750District 03Field 50424400NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 106 leases and 110 wells, and the rule below applies to all of them.

Discovered
1979-09-15
as the register files it
Field class
Oil
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: OPTIONAL: 80 ACRES DIAGONAL: 3250

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
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
OilDisposition60,771 bbl$3,443,021
Casinghead gasProduction353,780 Mcf$1,007,688
Total$4,450,708

77,201 Mcf of this lease's gas, across 48 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 30.6810, -96.2293. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.68101, -96.22928 · 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
10,710 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 10,710 ft.

Completions filed
Jun 1982
1 of 1 wells

1 well

42-04130738110,710 ftJun 1982

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023151080.522.67$12,159
Jul 20230074.852.64$0
Jun 2023177068.962.26$12,206
May 20230070.622.23$0
Apr 2023177078.122.24$13,827
Mar 20230072.852.39$0
Feb 2023177075.112.47$13,294
Jan 20230076.533.39$0
Dec 2022179076.415.73$13,677
Nov 20220085.005.65$0
Oct 2022176087.185.86$15,344
Sep 20220084.888.16$0
Aug 2022179094.529.13$16,919
Jul 202200101.587.54$0
Jun 20221740115.097.98$20,026
May 202200109.378.43$0
Apr 20221530104.226.84$15,946
Mar 20221750108.885.08$19,054
Feb 20220091.054.86$0
Jan 2022144081.844.54$11,785
Dec 2021135071.323.90$9,628
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021178070.783.98$12,599
Jun 2021179069.493.38$12,439
May 20210063.483.02$0
Apr 2021159060.362.76$9,597
Mar 2021344061.302.72$21,087
Feb 20210057.805.55$0
Jan 2021180050.412.81$9,074
Dec 2020174044.642.68$7,767
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020146037.091.99$5,415
Aug 2020157039.982.39$6,277
Jul 2020165038.371.83$6,331
Jun 2020378034.901.69$13,192
May 20200016.921.81$0
Apr 2020191014.751.80$2,817
Mar 2020181030.341.86$5,492
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019178055.302.75$9,843
Oct 20191053.472.42$53
Sep 20190055.052.66$0
Aug 2019161053.112.30$8,551
Jul 2019197056.272.46$11,085
Jun 2019186052.782.49$9,817
May 2019183058.482.74$10,702
Apr 2019178062.632.75$11,148
Mar 2019166056.803.06$9,429
Feb 20191050.852.79$51
Jan 2019378046.033.23$17,399
Dec 20180046.594.19$0
Nov 2018191052.934.24$10,110
Oct 2018185061.443.40$11,366
Sep 2018187059.543.11$11,134
Aug 2018190059.403.07$11,286
Jul 2018189065.142.93$12,311
Jun 2018168060.183.08$10,110
May 20180065.382.90$0
Apr 2018185063.842.90$11,810
Mar 2018172061.222.79$10,530
Feb 2018185061.782.77$11,429
Jan 2018321062.874.01$20,181
Dec 2017182057.272.92$10,423
Nov 2017165055.423.12$9,144
Oct 2017181049.292.98$8,921
Sep 2017176047.523.09$8,364
Aug 201717511645.373.00$8,288
Jul 201718134143.873.09$8,993
Jun 201718237642.493.09$8,894
May 201719640145.373.26$10,201
Apr 201719538947.933.21$10,596
Mar 201719441046.772.98$10,297
Feb 201719341250.452.95$10,953
Jan 201719343749.413.42$11,030
Dec 201636344948.763.72$19,371
Nov 201619444442.492.64$9,417
Oct 201636033346.193.09$17,657
Sep 2016121641.553.10$711
Aug 201628942141.442.92$13,207
Jul 201619239741.622.92$9,152
Jun 2016192045.352.69$8,707
May 2016363042.521.99$15,435
Apr 2016373036.561.99$13,637
Mar 2016195033.011.79$6,437
Feb 2016391026.472.06$10,350
Jan 2016186027.352.36$5,087
Dec 2015184032.362.00$5,954
Nov 201538028338.792.17$15,354
Oct 201518747943.552.43$9,306
Sep 201537340042.992.76$17,139
Aug 201516645340.162.87$7,968
Jul 201538724748.152.95$19,361
Jun 2015193056.152.88$10,837
May 2015392055.212.96$21,642
Apr 2015400049.822.71$19,928
Mar 2015392042.892.93$16,813
Feb 2015379044.662.98$16,926
Jan 201540327543.433.10$18,355
Dec 201419438454.693.59$11,989
Nov 2014395070.464.25$27,832
Oct 20143732778.303.90$29,311
Sep 201458875186.164.05$53,700
Aug 201435980289.394.04$35,327
Jul 201417870796.564.18$20,143
Jun 201455570898.164.74$57,833
May 201436278594.734.73$38,003
Apr 201436565795.944.81$38,178
Mar 201454576695.895.06$56,134
Feb 201456270097.406.19$59,073
Jan 201436770390.404.86$36,594
Dec 201355782791.824.35$54,745
Nov 201318770888.853.74$19,262
Oct 201353983197.423.78$55,650
Sep 2013549810104.113.72$60,168
Aug 2013537896104.253.52$59,139
Jul 2013357928102.523.72$40,050
Jun 201352082994.403.93$52,349
May 201353091094.834.15$54,036
Apr 201372387893.964.28$71,693
Mar 201354790293.623.91$54,740
Feb 201337581691.233.42$37,002
Jan 201355092491.603.42$53,540
Dec 201271893186.773.42$65,485
Nov 201254789986.953.62$50,820
Oct 201254494689.383.40$51,839
Sep 201255698794.672.92$55,517
Aug 20127221,04992.662.91$69,951
Jul 20127231,07085.133.02$64,781
Jun 201253996379.822.52$45,449
May 201217975891.612.49$18,284
Apr 20125501,105101.652.00$58,114
Mar 20127191,166105.052.22$78,122
Feb 2012363949101.102.57$39,138
Jan 201219650598.092.73$20,606
Dec 201118414896.873.24$18,304
Nov 201118339695.723.31$18,828
Oct 201114819084.983.65$13,270
Sep 201106683.623.99$263
Aug 2011068283.404.15$2,830
Jul 2011250694.144.52$2,474
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 200968046.773.59$3,180
Mar 20090242.144.06$8
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200806775.246.92$464
Sep 2008177243101.767.88$19,926
Aug 200818474114.228.48$21,644
Jul 20080440131.0811.39$5,011
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007381091.677.29$34,926
Oct 20070082.856.92$0
Sep 20070275.846.24$12
Aug 20070669.066.39$38
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 200637734854.906.01$22,790
Sep 200635932060.085.04$23,181
Aug 200635636868.717.34$27,162
Jul 2006037269.376.34$2,360
Jun 200634534666.286.38$25,075
May 200635634266.016.42$25,697
Apr 200619232164.397.36$14,726
Mar 200635234256.707.08$22,381
Feb 2006187057.597.75$10,769
Jan 200636833960.598.93$25,326
Dec 200554150654.9413.42$36,511
Nov 2005050354.6910.59$5,326
Oct 200535557158.3413.80$28,588
Sep 200536955061.4512.08$29,319
Aug 200518768561.519.80$18,213
Jul 200518862055.697.84$15,333
Jun 200539075752.337.38$25,996
May 200556088045.226.65$31,176
Apr 200518886149.207.36$15,587
Mar 2005040050.377.15$2,862
Feb 200518640945.226.31$10,993
Jan 200536752843.166.32$19,178
Dec 200437745539.866.75$18,099
Nov 200437651045.286.33$20,254
Oct 200435169349.706.52$21,960
Sep 200418843043.245.28$10,401
Aug 200418635542.375.55$9,851
Jul 200436453138.286.08$17,165
Jun 200418777136.106.43$11,711
May 200436479637.486.49$18,812
Apr 200433782234.475.86$16,432
Mar 200418766834.365.53$10,119
Feb 200437777832.455.51$16,520
Jan 200419097032.036.30$12,196
Dec 20031861,10130.266.30$12,566
Nov 200319088128.804.60$9,520
Oct 200318690128.174.76$9,528
Sep 20033511,19426.314.75$14,906
Aug 20031871,22929.765.13$11,870
Jul 20031831,28429.415.17$12,021
Jun 20031901,32428.565.98$13,348
May 20031791,45626.595.97$13,456
Apr 20033731,38126.675.41$17,415
Mar 200301,09531.146.10$6,675
Feb 20033781,38333.487.93$23,617
Jan 20031851,66730.315.58$14,913
Dec 20023771,54426.914.85$17,639
Nov 200201,85924.664.14$7,691
Oct 20023782,01926.464.23$18,540
Sep 20021832,00227.443.64$12,299
Aug 20021862,06625.963.16$11,366
Jul 20021892,07624.583.06$11,002
Jun 20021811,95923.733.34$10,835
May 20023582,06524.663.58$16,229
Apr 20021844,85723.653.51$21,411
Mar 20021895,11722.003.10$20,035
Feb 20021872,03718.222.38$8,246
Jan 20023532,34617.172.38$11,634
Dec 20011892,22816.932.36$8,468
Nov 20011832,34118.072.41$8,938
Oct 20011962,49119.782.53$10,176
Sep 20011612,40724.262.25$9,325
Aug 20011882,68124.873.05$12,861
Jul 20011782,85723.933.20$13,394
Jun 20011421,81224.563.82$10,417
May 20011562,78525.524.31$15,977
Apr 20013052,72924.685.34$22,087
Mar 20011742,86924.545.38$19,695
Feb 200102,68527.755.77$15,485
Jan 20011662,91727.478.40$29,059
Dec 20001903,11226.889.12$33,496
Nov 20001901,44432.215.66$14,290
Oct 20001723,44931.235.15$23,118
Sep 200002,86831.875.19$14,875
Aug 20001933,54029.644.54$21,795
Jul 20001873,26928.534.09$18,705
Jun 200003,48429.304.40$15,320
May 20001913,74127.263.68$18,973
Apr 20001863,65024.513.12$15,932
Mar 20001783,66528.422.86$15,540
Feb 20001803,19727.622.73$13,688
Jan 20001843,35725.272.48$12,977
Dec 199903,38924.282.42$8,214
Nov 19991573,37623.192.43$11,858
Oct 19991793,04220.982.80$12,284
Sep 19991823,46721.752.62$13,038
Aug 19993533,46719.262.88$16,768
Jul 199903,72417.892.37$8,835
Jun 199903,45615.942.36$8,163
May 19991753,32615.792.32$10,483
Apr 199902,61015.102.21$5,763
Mar 19991661,13512.471.84$4,157
Feb 199901,8519.981.82$3,365
Jan 199901,07510.381.90$2,042
Dec 19981871,3069.201.77$4,036
Nov 19981722,43810.892.19$7,202
Oct 199802,80812.421.97$5,530
Sep 19981823,00812.592.08$8,556
Aug 199803,19511.301.91$6,094
Jul 19981783,25411.742.24$9,370
Jun 199802,76111.242.24$6,177
May 19983462,97212.622.21$10,924
Apr 199802,97613.042.51$7,456
Mar 19981843,16712.802.31$9,669
Feb 19981862,76913.952.30$8,961
Jan 19981853,02214.702.15$9,231
Dec 19973763,03816.322.41$13,461
Nov 199702,86718.193.09$8,854
Oct 19971893,14119.253.15$13,532
Sep 199703,31717.742.95$9,801
Aug 199702,93317.862.55$7,493
Jul 19971852,02017.582.25$7,791
Jun 19971792,87817.242.26$9,582
May 199713,22318.972.31$7,459
Apr 199703,49817.882.08$7,286
Mar 19972663,81118.951.94$12,431
Feb 199703,55220.492.21$7,835
Jan 199703,46123.483.54$12,251
Dec 19961751,56923.32$4,081
Nov 199601,96321.97$0
Oct 199601,90623.31$0
Sep 19961161,99522.22$2,578
Aug 1996093620.26$0
Jul 199601,98419.55$0
Jun 199601,18918.73$0
May 19961532,02219.43$2,973
Apr 199601,81521.51$0
Mar 199601,87019.38$0
Feb 19961571,57416.98$2,666
Jan 199601,02517.07$0
Dec 199502,01317.19$0
Nov 199501,51316.00$0
Oct 19951471,84215.43$2,268
Sep 199502,02816.18$0
Aug 199501,77215.92$0
Jul 19951261,70115.24$1,920
Jun 199501,59116.41$0
May 199501,96017.56$0
Apr 19951161,96017.73$2,057
Mar 199501,30616.44$0
Feb 199512018416.58$1,990
Jan 199501,01415.92$0
Dec 199401,13715.03$0
Nov 1994010015.90$0
Oct 1994010015.58$0
Sep 1994030515.29$0
Aug 199414395316.13$2,307
Jul 199401,34117.56$0
Jun 199401,28117.09$0
May 199401,56715.88$0
Apr 199401,73314.14$0
Mar 19941872,23412.46$2,330
Feb 199401,14612.50$0
Jan 199402,14812.66$0
Dec 199301,62712.33$0
Nov 19931551,71214.49$2,246
Oct 199302,21515.85$0
Sep 199302,20915.03$0
Aug 19931471,79615.66$2,302
Jul 199301,64615.46$0
Jun 199302,30316.79$0
May 19931892,31017.68$3,342
Apr 199302,33818.05$0
Mar 199301,79018.14$0
Feb 19931872,05417.90$3,347
Jan 199302,42416.93$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.

Aug 2023 — as filed, then multipliedworked
Oil                  151 bbl  × $ 80.52 =    $12,159
Casinghead gas         0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                  $12,159

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/15750 is the state's own key, not one this site invented.