SCHULZ-MUENCH

Operated by STRAND ENERGY, L.C. (P-5 824758) in the NEW ULM (LWR WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25954District 03Field 65248075OilCasinghead gasSaveExport
Value, all time
$11.2 M
Apr 2012 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
170
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 40 leases and 44 wells, and the rule below applies to all of them.

Discovered
2006-10-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-10-10.

The Commission's schedule remark for this field reads: AND TWO PART ALLOCATION FORMULA WHICH IS SUSPENDED.

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
OilDisposition151,884 bbl$10,493,860
Casinghead gasProduction202,700 Mcf$659,345
Total$11,153,205

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 29.8729, -96.4503. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

29.87290, -96.45030 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
10,800 ft
2 wells filed one
Completion to plug
10 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 10,800 and 10,800 ft, median 10,800 ft, over the 2 wells that filed a depth.

Completions filed
May 2012 – Feb 2024
2 of 2 wells
Plug dates filed
Mar 2013
1 of 2 wells; 1 filed none

Last completion to plug: a median of 10 months across the 1 well that filed both dates, with the middle half between 10 months and 10 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-01531007310,800 ftFeb 2024
42-01531006210,800 ftMay 2012Mar 2013Yes

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 (170)

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

170 months

May 20261,1881,345106.413.05$130,512
Apr 20268851,39998.932.87$91,568
Mar 20268781,32389.753.15$82,967
Feb 202635372763.503.75$25,142
Jan 20261,0321,30559.138.00$71,459
Dec 20251,0251,58256.664.41$65,058
Nov 20251,4071,79958.593.93$89,500
Oct 20258791,99959.383.30$58,801
Sep 20251,5652,08462.743.08$104,600
Aug 20251,3532,27663.933.01$93,359
Jul 20251,5832,36366.743.32$113,483
Jun 20251,8692,73066.483.13$132,793
May 20251,3261,54460.553.23$85,280
Apr 20251,6962,26962.363.54$113,802
Mar 20251,3601,83367.704.27$99,896
Feb 20251,2011,62470.884.34$92,176
Jan 20251,0261,33174.324.28$81,947
Dec 202434278568.993.12$26,045
Nov 202471789569.052.20$51,476
Oct 20248951,29071.372.28$66,819
Sep 20241,3961,66269.612.36$101,105
Aug 20241,8612,07475.632.06$145,027
Jul 20241,4352,08079.932.15$119,164
Jun 20242,3113,19478.082.63$188,856
May 20243,6744,77378.812.20$300,041
Apr 20243,0105,19584.451.66$262,814
Mar 20242,1204,58680.301.55$177,322
Feb 20241,0662,76476.091.78$86,042
Jan 202469644673.023.30$52,293
Dec 2023088271.262.61$2,303
Nov 202336679677.892.81$30,743
Oct 202337099685.443.09$34,688
Sep 202337077689.042.74$35,067
Aug 20235431,05580.522.67$46,542
Jul 20233791,19774.852.64$31,530
Jun 20233611,16768.962.26$27,530
May 202388952570.622.23$63,951
Apr 20231851,37078.122.24$17,518
Mar 20233781,16772.852.39$30,330
Feb 202369810875.112.47$52,693
Jan 202336312676.533.39$28,207
Dec 20220076.415.73$0
Nov 202217111485.005.65$15,179
Oct 202254118687.185.86$48,255
Sep 20221809084.888.16$16,013
Aug 202236722994.529.13$36,779
Jul 2022685860101.587.54$76,068
Jun 20224941,013115.097.98$64,935
May 20228911,718109.378.43$111,937
Apr 20221,2202,031104.226.84$141,036
Mar 20221,0781,811108.885.08$126,566
Feb 202240235791.054.86$38,337
Jan 20223337781.844.54$27,602
Dec 2021013271.323.90$515
Nov 202136318077.435.24$29,050
Oct 202139118679.795.71$32,261
Sep 20215499069.865.35$38,835
Aug 20213689366.024.22$24,688
Jul 20215089370.783.98$36,327
Jun 202188249569.493.38$62,964
May 202117356863.483.02$12,696
Apr 202134134560.362.76$21,534
Mar 202151697961.302.72$34,291
Feb 202133149857.805.55$21,895
Jan 20216941,21050.412.81$38,385
Dec 202068035644.642.68$31,308
Nov 202046669338.772.71$19,942
Oct 202037563536.972.48$15,438
Sep 202035826337.091.99$13,802
Aug 202071142639.982.39$29,442
Jul 202053524038.371.83$20,966
Jun 20203579634.901.69$12,622
May 202003616.921.81$65
Apr 202052224314.751.80$8,138
Mar 20208381,32930.341.86$27,892
Feb 20206761,13949.881.98$35,975
Jan 20201,0111,18857.252.09$60,368
Dec 20191,0291,36659.012.30$63,869
Nov 20191,01273955.302.75$57,996
Oct 20191,0061,46553.472.42$57,334
Sep 20198471,85455.052.66$51,554
Aug 20191,0032,01553.112.30$57,913
Jul 20198361,52956.272.46$50,803
Jun 20199981,75252.782.49$57,039
May 20198541,76658.482.74$54,781
Apr 20191,1851,62662.632.75$78,689
Mar 201983660456.803.06$49,334
Feb 20191,02631850.852.79$53,060
Jan 20191,01637346.033.23$47,971
Dec 201866632846.594.19$32,402
Nov 20186151,12852.934.24$37,332
Oct 20181,0381,52361.443.40$68,950
Sep 201851824059.543.11$31,588
Aug 201868828259.403.07$41,732
Jul 201869537265.142.93$46,363
Jun 201887541260.183.08$53,925
May 20181,1791,12465.382.90$80,344
Apr 201849074163.842.90$33,431
Mar 201868342061.222.79$42,984
Feb 201866540261.782.77$42,196
Jan 201834178862.874.01$24,598
Dec 201762180257.272.92$37,908
Nov 20178121,18355.423.12$48,690
Oct 20175451,00149.292.98$29,850
Sep 20178671,08847.523.09$44,559
Aug 20177111,11245.373.00$35,599
Jul 20177171,15443.873.09$35,018
Jun 20179731,26242.493.09$45,239
May 20178521,08645.373.26$42,199
Apr 20178571,34247.933.21$45,386
Mar 20171,17796046.772.98$57,913
Feb 201767826150.452.95$34,976
Jan 201766521949.413.42$33,606
Dec 201668188948.763.72$36,515
Nov 20161,0131,26742.492.64$46,393
Oct 201651742046.193.09$25,178
Sep 20161,1941,08941.553.10$52,987
Aug 20161,3781,12841.442.92$60,403
Jul 201686557041.622.92$37,668
Jun 20162,5762,13545.352.69$122,556
May 20161,5321,07142.521.99$67,273
Apr 20161,38216036.561.99$50,844
Mar 20160033.011.79$0
Feb 201653072926.472.06$15,533
Jan 201641285527.352.36$13,290
Dec 201565078032.362.00$22,595
Nov 201553576438.792.17$22,408
Oct 201593663443.552.43$42,301
Sep 201572573842.992.76$33,203
Aug 20159061,02240.162.87$39,321
Jul 20151,11277848.152.95$55,834
Jun 20151,18556656.152.88$68,169
May 20151,07945555.212.96$60,916
Apr 20151,27368349.822.71$65,269
Mar 20151,88486642.892.93$83,346
Feb 201553352644.662.98$25,369
Jan 201569171743.433.10$32,233
Dec 201479563254.693.59$45,748
Nov 20146471,01370.464.25$49,895
Oct 20141,05178778.303.90$85,363
Sep 20141,15440586.164.05$101,067
Aug 20141,25949489.394.04$114,535
Jul 20141,26530096.564.18$123,402
Jun 20141,42992998.164.74$144,671
May 20141,45264494.734.73$140,592
Apr 20141,78711595.944.81$171,998
Mar 20141,38230095.895.06$134,037
Feb 201487429097.406.19$86,923
Jan 20141,83482290.404.86$169,789
Dec 20133,3993,36491.824.35$326,745
Nov 20132,4486,40088.853.74$241,430
Oct 20132,8599,72597.423.78$315,278
Sep 20132,3387,251104.113.72$270,367
Aug 20132,5739,697104.253.52$302,394
Jul 20131,2164,569102.523.72$141,651
Jun 2013178094.403.93$16,803
May 2013186094.834.15$17,638
Apr 201318413993.964.28$17,884
Mar 201336564793.623.91$36,703
Feb 20135461,83691.233.42$56,091
Jan 20131151691.603.42$2,772
Dec 20120086.773.42$0
Nov 201236140486.953.62$32,853
Oct 201237876489.383.40$36,383
Sep 20125481,60694.672.92$56,566
Aug 20125422,36892.662.91$57,108
Jul 20121,0871,88385.133.02$98,224
Jun 20121,2171,88079.822.52$101,877
May 2012295091.612.49$27,025
Apr 201210101.652.00$102

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
Oil                1,188 bbl  × $106.41 =   $126,415
Casinghead gas     1,345 Mcf  × $  3.05 =     $4,097

────────────────────────────────────────────────────
Month total                                 $130,512

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/25954 is the state's own key, not one this site invented.