SCHMIDT, H.

Operated by XTO ENERGY INC. (P-5 945936) in the MIDWAY, SOUTH (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 79878District 04Field 61159290NGPA filingCondensateGasSaveExport
Value, all time
$3.9 M
Jan 1993 – Apr 2012
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
232
no gaps in the span
Streams
2
condensate, 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 47 leases and 47 wells, and the rule below applies to all of them.

Discovered
2007-03-06
as the register files it
Field class
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 2011-05-24.

The Commission's schedule remark for this field reads: MANUAL REVIEW FOR PERMITTING.

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
CondensateDisposition18,744 bbl$490,745
GasProduction1,196,331 Mcf$3,417,914
Total$3,908,659

431,761 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 27.9251, -97.3665. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.92514, -97.36645 · 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
14,307 ft
1 wells filed one
Completion to plug
2.9 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 14,307 ft.

Completions filed
Mar 2009
1 of 1 wells
Plug dates filed
Feb 2012
1 of 1 wells

Last completion to plug: a median of 2.9 years across the 1 well that filed both dates, with the middle half between 2.9 years and 2.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40931238114,307 ftMar 2009Feb 2012Yes

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 (232)

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

232 months

Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012177137101.102.57$18,247
Jan 2012027598.092.73$752
Dec 2011069496.873.24$2,248
Nov 2011023295.723.31$768
Oct 2011036584.983.65$1,332
Sep 2011017483.623.99$694
Aug 2011041283.404.15$1,710
Jul 2011073794.144.52$3,329
Jun 2011083392.904.64$3,865
May 2011068698.134.40$3,022
Apr 20110202105.964.33$875
Mar 2011040296.364.06$1,631
Feb 201101,53685.644.18$6,420
Jan 201101,64186.504.59$7,530
Dec 201002,13185.734.35$9,265
Nov 201002,32880.843.80$8,836
Oct 201001,38878.103.51$4,870
Sep 2010055172.633.98$2,193
Aug 201001,77273.684.42$7,831
Jul 201002,03672.554.74$9,643
Jun 201001,69070.364.91$8,299
May 201002,17971.124.24$9,229
Apr 201002,12881.694.12$8,773
Mar 201017918978.394.39$14,861
Feb 201002,00173.585.44$10,890
Jan 201002,27974.365.96$13,592
Dec 200902,55571.445.48$14,011
Nov 200902,00574.593.75$7,522
Oct 2009035272.544.11$1,447
Sep 2009036665.543.06$1,122
Aug 2009067167.423.22$2,160
Jul 2009071061.133.46$2,460
Jun 2009079166.163.90$3,081
May 2009097454.743.93$3,824
Apr 2009059646.773.59$2,138
Mar 200906042.144.06$244
Feb 2009015032.814.63$695
Jan 2009021435.865.37$1,149
Dec 2008028337.105.98$1,692
Nov 2008025255.496.86$1,729
Oct 20080075.246.92$0
Sep 2008075101.767.88$591
Aug 2008100275114.228.48$13,755
Jul 20080705131.0811.39$8,030
Jun 20080835131.3313.03$10,882
May 200801,175123.1711.57$13,600
Apr 200801,406110.3110.45$14,700
Mar 200801,326101.909.66$12,815
Feb 2008028192.538.77$2,465
Jan 2008065490.388.21$5,367
Dec 2007068288.337.30$4,980
Nov 2007058591.677.29$4,266
Oct 200701,51382.856.92$10,473
Sep 2007084675.846.24$5,283
Aug 20071821,57869.066.39$22,649
Jul 200703,40370.906.39$21,738
Jun 200701,27862.007.55$9,647
May 200701,53758.747.85$12,060
Apr 200701,28159.617.81$9,998
Mar 200701,54556.927.30$11,282
Feb 200702,27355.108.22$18,675
Jan 200702,69350.306.73$18,115
Dec 20061803,32156.656.92$33,173
Nov 200602,84954.207.62$21,702
Oct 200603,11754.906.01$18,745
Sep 200602,74360.085.04$13,817
Aug 200601,97768.717.34$14,511
Jul 20061843,47469.376.34$34,799
Jun 200602,69666.286.38$17,211
May 200603,33066.016.42$21,395
Apr 200603,21464.397.36$23,657
Mar 20061835,24756.707.08$47,540
Feb 200605,52857.597.75$42,848
Jan 20061865,11460.598.93$56,955
Dec 200504,17454.9413.42$55,996
Nov 200504,34254.6910.59$45,975
Oct 20051795,48158.3413.80$86,057
Sep 200504,91061.4512.08$59,308
Aug 20051825,73261.519.80$67,350
Jul 200506,23955.697.84$48,936
Jun 20051835,63552.337.38$51,169
May 200505,09145.226.65$33,861
Apr 20051834,87249.207.36$44,864
Mar 200504,70650.377.15$33,671
Feb 20051894,11845.226.31$34,539
Jan 200504,69243.166.32$29,664
Dec 2004187039.866.75$7,454
Nov 200405,12945.286.33$32,469
Oct 20041845,43149.706.52$44,528
Sep 20040043.245.28$0
Aug 20041825,62642.375.55$38,939
Jul 20041825,57738.286.08$40,898
Jun 20041855,05036.106.43$39,165
May 200404,88537.486.49$31,726
Apr 200406,16934.475.86$36,141
Mar 20041595,89434.365.53$38,058
Feb 200405,44932.455.51$30,022
Jan 20041835,81932.036.30$42,519
Dec 200305,72830.266.30$36,096
Nov 200305,56828.804.60$25,586
Oct 20031846,02928.174.76$33,879
Sep 200305,99726.314.75$28,482
Aug 20031955,11729.765.13$32,052
Jul 200307,03129.415.17$36,356
Jun 200305,94328.565.98$35,557
May 200305,84626.595.97$34,916
Apr 20031935,62826.675.41$35,579
Mar 20031906,02931.146.10$42,670
Feb 200305,90933.487.93$46,834
Jan 20031841,55930.315.58$14,279
Dec 200205,73926.914.85$27,856
Nov 200206,82524.664.14$28,235
Oct 20021856,53126.464.23$32,515
Sep 200206,66327.443.64$24,221
Aug 200206,94125.963.16$21,962
Jul 200206,83324.583.06$20,921
Jun 200206,36123.733.34$21,235
May 20021876,98024.663.58$29,628
Apr 20021875,35923.653.51$23,245
Mar 200204,82322.003.10$14,964
Feb 200205,36518.222.38$12,746
Jan 20021845,60817.172.38$16,482
Dec 20011885,78116.932.36$16,851
Nov 200105,88118.072.41$14,147
Oct 2001193019.782.53$3,818
Sep 20011775,81824.262.25$17,392
Aug 200106,11024.873.05$18,655
Jul 20011816,03523.933.20$23,626
Jun 20011855,34124.563.82$24,968
May 200107,07625.524.31$30,479
Apr 200105,85624.685.34$31,244
Mar 200106,02924.545.38$32,415
Feb 20011805,05627.755.77$34,153
Jan 20011875,99027.478.40$55,445
Dec 200007,44726.889.12$67,935
Nov 200005,99932.215.66$33,942
Oct 20001856,39031.235.15$38,657
Sep 200006,17231.875.19$32,011
Aug 20001886,44629.644.54$34,842
Jul 200006,20328.534.09$25,369
Jun 20001906,39929.304.40$33,705
May 20001856,60027.263.68$29,329
Apr 200006,97424.513.12$21,731
Mar 200007,08628.422.86$20,264
Feb 20001926,90527.622.73$24,130
Jan 200007,28125.272.48$18,061
Dec 19991897,61624.282.42$23,048
Nov 199906,30923.192.43$15,356
Oct 199907,07020.982.80$19,822
Sep 19995477,00921.752.62$30,253
Aug 199906,89619.262.88$19,830
Jul 199907,17117.892.37$17,012
Jun 199907,23015.942.36$17,078
May 199907,41015.792.32$17,199
Apr 19993747,00815.102.21$21,121
Mar 199907,00912.471.84$12,885
Feb 199906,7939.981.82$12,348
Jan 19991827,00210.381.90$15,193
Dec 199807,5769.201.77$13,435
Nov 199806,54010.892.19$14,295
Oct 199806,47612.421.97$12,753
Sep 19982766,57312.592.08$17,164
Aug 199806,84311.301.91$13,052
Jul 199806,68311.742.24$14,952
Jun 19981976,49311.242.24$16,741
May 199807,25112.622.21$15,998
Apr 19982426,92513.042.51$20,505
Mar 199807,10912.802.31$16,418
Feb 199806,27313.952.30$14,422
Jan 19981877,13914.702.15$18,132
Dec 19971837,40616.322.41$20,843
Nov 199707,03318.193.09$21,720
Oct 19971617,12319.253.15$25,535
Sep 199707,34417.742.95$21,701
Aug 19971907,70417.862.55$23,075
Jul 199707,83717.582.25$17,609
Jun 19971937,32917.242.26$19,870
May 19971906,85518.972.31$19,429
Apr 199707,85917.882.08$16,369
Mar 19971998,27018.951.94$19,808
Feb 199707,48020.492.21$16,500
Jan 19971838,08523.483.54$32,915
Dec 19961967,96923.32$4,571
Nov 199638,14821.97$66
Oct 19963758,50823.31$8,741
Sep 199618,26422.22$22
Aug 199608,82320.26$0
Jul 19961928,74119.55$3,754
Jun 199608,46318.73$0
May 19961919,04819.43$3,711
Apr 19961948,38421.51$4,173
Mar 199618,67919.38$19
Feb 19961668,50516.98$2,819
Jan 19963859,17917.07$6,572
Dec 199508,62317.19$0
Nov 19951908,66316.00$3,040
Oct 19951948,85915.43$2,993
Sep 19951898,83216.18$3,058
Aug 199509,23415.92$0
Jul 19951908,75715.24$2,896
Jun 19951889,16716.41$3,085
May 199508,74317.56$0
Apr 19952738,49617.73$4,840
Mar 199509,01616.44$0
Feb 19953748,81116.58$6,201
Jan 199508,20915.92$0
Dec 19943685,29415.03$5,531
Nov 199404,35715.90$0
Oct 199406,50215.58$0
Sep 19943189,71615.29$4,862
Aug 1994310,94716.13$48
Jul 19943719,57617.56$6,515
Jun 199418,92217.09$17
May 19941858,45015.88$2,938
Apr 19941818,56114.14$2,559
Mar 19945308,68212.46$6,604
Feb 199408,11212.50$0
Jan 19941959,19112.66$2,469
Dec 199319613,00412.33$2,417
Nov 19931999,89014.49$2,884
Oct 199319710,28815.85$3,122
Sep 199319510,26615.03$2,931
Aug 199319610,38315.66$3,069
Jul 199318010,04115.46$2,783
Jun 19931819,66016.79$3,039
May 19931939,29317.68$3,412
Apr 199319810,48718.05$3,574
Mar 199319611,01518.14$3,555
Feb 19931959,91717.90$3,491
Jan 199320211,08616.93$3,420

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.

Feb 2012 — as filed, then multipliedworked
Condensate           177 bbl  × $101.10 =    $17,895
Gas                  137 Mcf  × $  2.57 =       $352

────────────────────────────────────────────────────
Month total                                  $18,247

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. 04/G/79878 is the state's own key, not one this site invented.