SCHULZE, ELMO "A"

Operated by RATHBURN LAND & DEVEL, INC. (P-5 693749) 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 19437District 03Field 82265500OilCasinghead gasSaveExport
Value, all time
$49 k
Jan 1993 – Jul 1998
Value, last 12 filed months
$467
at the published price for each month
Months reported
67
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
OilDisposition2,963 bbl$48,619
Casinghead gasProduction9,479 Mcf$0
Total$48,619

9,479 Mcf of this lease's gas, across 46 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 30.1317, -97.0329. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.13167, -97.03289 · 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
5,680 ft
1 wells filed one
Completion to plug
11.6 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 5,680 ft.

Completions filed
Oct 1986
1 of 1 wells
Plug dates filed
May 1998
1 of 1 wells

Last completion to plug: a median of 11.6 years across the 1 well that filed both dates, with the middle half between 11.6 years and 11.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2873194115,680 ftOct 1986May 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 (67)

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

67 months

Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 199837012.622.21$467
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 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 199718017.882.08$322
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19967521.97$154
Oct 199689823.31$186
Sep 1996813322.22$178
Aug 19965015620.26$1,013
Jul 19965715519.55$1,114
Jun 19966414818.73$1,199
May 199656019.43$1,088
Apr 19963220021.51$688
Mar 19964515319.38$872
Feb 19964618216.98$781
Jan 19966719217.07$1,144
Dec 19956420517.19$1,100
Nov 19955318216.00$848
Oct 19955219215.43$802
Sep 19957921316.18$1,278
Aug 19956422115.92$1,019
Jul 1995716515.24$107
Jun 19958110216.41$1,329
May 19951021117.56$176
Apr 199512819917.73$2,269
Mar 19951322516.44$214
Feb 19956821016.58$1,127
Jan 199512922415.92$2,054
Dec 1994622615.03$90
Nov 19947121715.90$1,129
Oct 19945617515.58$872
Sep 19945920815.29$902
Aug 19948521716.13$1,371
Jul 19945620417.56$983
Jun 19945921717.09$1,008
May 19947322515.88$1,159
Apr 199410518614.14$1,485
Mar 19944219012.46$523
Feb 19946720012.50$838
Jan 19948724712.66$1,101
Dec 19936023612.33$740
Nov 19937123314.49$1,029
Oct 19935924515.85$935
Sep 19937825215.03$1,172
Aug 19936329015.66$987
Jul 19938129815.46$1,252
Jun 19938327616.79$1,394
May 199319227917.68$3,395
Apr 1993029418.05$0
Mar 19939729818.14$1,760
Feb 19938924817.90$1,593
Jan 19938124716.93$1,371

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 1998 — as filed, then multipliedworked
Oil                   37 bbl  × $ 12.62 =       $467
Casinghead gas         0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                     $467

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/19437 is the state's own key, not one this site invented.