ELMO SCHULZE 'A'

Operated by TEXAS VANGUARD OIL COMPANY (P-5 848310) in the SERBIN (TAYLOR SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19415District 03Field 82265500OilCasinghead gasSaveExport
Value, all time
$67 k
Jan 1993 – Feb 2002
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
110
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 444 leases and 641 wells, and the rule below applies to all of them.

Discovered
1985-11-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: 1500 FT DIAGONAL.

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
OilDisposition3,720 bbl$64,263
Casinghead gasProduction16,057 Mcf$2,590
Total$66,853

14,982 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 (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 30.1389, -97.0318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

30.13887, -97.03182 · 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
5,708 ft
2 wells filed one
Completion to plug
13.3 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 5,680 and 5,736 ft, median 5,708 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1986 – Oct 1986
2 of 2 wells
Plug dates filed
May 1998 – Oct 2001
2 of 2 wells

Last completion to plug: a median of 13.3 years across the 2 wells that filed both dates, with the middle half between 12.5 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2873194115,680 ftOct 1986May 1998Yes
42-2873196125,736 ftSep 1986Oct 2001Yes

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 (110)

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

110 months

Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200198024.262.25$2,377
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
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 19990010.381.90$0
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 19976018.193.09$109
Oct 199714019.253.15$270
Sep 19978917.742.95$169
Aug 199791517.862.55$199
Jul 1997132617.582.25$287
Jun 19975512417.242.26$1,228
May 19975919718.972.31$1,574
Apr 19976117317.882.08$1,451
Mar 19978917918.951.94$2,034
Feb 1997816620.492.21$530
Jan 19975818623.483.54$2,020
Dec 19966319523.32$1,469
Nov 19967821121.97$1,714
Oct 19964819423.31$1,119
Sep 19964918322.22$1,089
Aug 19966628720.26$1,337
Jul 19966529619.55$1,271
Jun 19967226418.73$1,349
May 199611027019.43$2,137
Apr 19961035421.51$215
Mar 19965746719.38$1,105
Feb 19966239616.98$1,053
Jan 19966633217.07$1,127
Dec 19958139417.19$1,392
Nov 19957944116.00$1,264
Oct 19959037215.43$1,389
Sep 1995738916.18$113
Aug 19956745915.92$1,067
Jul 19954744015.24$716
Jun 19958038616.41$1,313
May 19959637217.56$1,686
Apr 19951425217.73$248
Mar 19956624316.44$1,085
Feb 199510423616.58$1,724
Jan 1995425115.92$64
Dec 19947025215.03$1,052
Nov 19946322715.90$1,002
Oct 19948921015.58$1,387
Sep 1994625015.29$92
Aug 19947032016.13$1,129
Jul 19947129117.56$1,247
Jun 19946332617.09$1,077
May 19948530115.88$1,350
Apr 19945825014.14$820
Mar 19948424412.46$1,047
Feb 19948225112.50$1,025
Jan 199410832512.66$1,367
Dec 19935434012.33$666
Nov 19935430114.49$782
Oct 19938236115.85$1,300
Sep 19936829415.03$1,022
Aug 19935329215.66$830
Jul 19937837015.46$1,206
Jun 19938533916.79$1,427
May 199315632817.68$2,758
Apr 1993035418.05$0
Mar 199310733918.14$1,941
Feb 19937535017.90$1,343
Jan 199310038316.93$1,693

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 2001 — as filed, then multipliedworked
Oil                   98 bbl  × $ 24.26 =     $2,377
Casinghead gas         0 Mcf  × $  2.25 =         $0

────────────────────────────────────────────────────
Month total                                   $2,377

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/19415 is the state's own key, not one this site invented.