SCHNITZ, OLIVIA

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the ESTES COVE (F-1 FB-B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12863District 04Field 29521497OilCasinghead gasSaveExport
Value, all time
$6.9 M
Sep 1998 – Nov 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
303
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1971-05-25
as the register files it
Field class
Oil
the register's own label
Between wells
933 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: PLATS REQUIRED.

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
OilDisposition148,597 bbl$5,957,993
Casinghead gasProduction230,391 Mcf$933,517
Total$6,891,510

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 27.9775, -97.0876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.97754, -97.08757 · 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
13,000 ft
1 wells filed one
Completion to plug
25.2 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 13,000 ft.

Completions filed
Sep 1998
1 of 1 wells
Plug dates filed
Nov 2023
1 of 1 wells

Last completion to plug: a median of 25.2 years across the 1 well that filed both dates, with the middle half between 25.2 years and 25.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00730136113,000 ftSep 1998Nov 2023Yes

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 (303)

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

303 months

Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016204026.472.06$5,400
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015209042.992.76$8,985
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015179056.152.88$10,051
May 2015168055.212.96$9,275
Apr 2015326049.822.71$16,241
Mar 2015181042.892.93$7,763
Feb 2015167044.662.98$7,458
Jan 20150043.433.10$0
Dec 2014174054.693.59$9,516
Nov 20141070.464.25$70
Oct 2014339078.303.90$26,544
Sep 2014177086.164.05$15,250
Aug 2014327089.394.04$29,231
Jul 2014345096.564.18$33,313
Jun 20140098.164.74$0
May 2014338094.734.73$32,019
Apr 2014346095.944.81$33,195
Mar 2014348095.895.06$33,370
Feb 2014334097.406.19$32,532
Jan 2014338090.404.86$30,555
Dec 2013335091.824.35$30,760
Nov 2013335088.853.74$29,765
Oct 2013351097.423.78$34,194
Sep 20133670104.113.72$38,208
Aug 20133520104.253.52$36,696
Jul 20133570102.523.72$36,600
Jun 2013525094.403.93$49,560
May 2013712094.834.15$67,519
Apr 20130093.964.28$0
Mar 2013549093.623.91$51,397
Feb 2013373091.233.42$34,029
Jan 2013370091.603.42$33,892
Dec 2012544086.773.42$47,203
Nov 2012363086.953.62$31,563
Oct 2012361089.383.40$32,266
Sep 2012543094.672.92$51,406
Aug 2012358092.662.91$33,172
Jul 2012373085.133.02$31,753
Jun 2012551079.822.52$43,981
May 2012362091.612.49$33,163
Apr 20123730101.652.00$37,915
Mar 20123730105.052.22$39,184
Feb 20125440101.102.57$54,998
Jan 2012361098.092.73$35,410
Dec 2011549096.873.24$53,182
Nov 2011370095.723.31$35,416
Oct 2011365084.983.65$31,018
Sep 2011365083.623.99$30,521
Aug 201156015683.404.15$47,351
Jul 201137627794.144.52$36,648
Jun 201136332492.904.64$35,226
May 201155230598.134.40$55,511
Apr 2011366334105.964.33$40,229
Mar 201155933096.364.06$55,204
Feb 20111824885.644.18$15,787
Jan 2011729086.504.59$63,059
Dec 201018424685.734.35$16,844
Nov 201037012480.843.80$30,381
Oct 201037019978.103.51$29,595
Sep 201036924472.633.98$27,771
Aug 201037232573.684.42$28,845
Jul 201036631772.554.74$28,055
Jun 201036831170.364.91$27,420
May 201036932871.124.24$27,632
Apr 20103677581.694.12$30,289
Mar 201036517178.394.39$29,363
Feb 201035440873.585.44$28,268
Jan 201055018574.365.96$42,001
Dec 200935416471.445.48$26,189
Nov 200935531874.593.75$27,672
Oct 200953039272.544.11$40,057
Sep 200954537665.543.06$36,872
Aug 200955638467.423.22$38,721
Jul 200953339561.133.46$33,951
Jun 200954336966.163.90$37,362
May 200935934954.743.93$21,022
Apr 200937026046.773.59$18,238
Mar 200955924542.144.06$24,551
Feb 200956038132.814.63$20,139
Jan 200937418835.865.37$14,421
Dec 200837626137.105.98$15,510
Nov 200837223555.496.86$22,254
Oct 20081963875.246.92$15,010
Sep 2008183278101.767.88$20,812
Aug 2008379331114.228.48$46,097
Jul 2008562460131.0811.39$78,906
Jun 2008558347131.3313.03$77,804
May 2008043123.1711.57$498
Apr 2008381374110.3110.45$45,938
Mar 2008554338101.909.66$59,719
Feb 200836312892.538.77$34,711
Jan 200801490.388.21$115
Dec 200736217688.337.30$33,261
Nov 200754729191.677.29$52,265
Oct 200737318082.856.92$32,149
Sep 2007185075.846.24$14,030
Aug 2007359069.066.39$24,793
Jul 20073548070.906.39$25,610
Jun 20071,26526562.007.55$80,430
May 2007036258.747.85$2,840
Apr 2007010459.617.81$812
Mar 200753211156.927.30$31,092
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200655451256.656.92$34,926
Nov 200673461054.207.62$44,429
Oct 200652266454.906.01$32,651
Sep 20061842960.085.04$11,201
Aug 20065403668.717.34$37,368
Jul 20061,450069.376.34$100,587
Jun 2006813566.286.38$1,392
May 2006060166.016.42$3,861
Apr 20061146264.397.36$4,109
Mar 200618648056.707.08$13,946
Feb 200635311457.597.75$21,213
Jan 20060060.598.93$0
Dec 200519730054.9413.42$14,848
Nov 200536035054.6910.59$23,394
Oct 200536117558.3413.80$23,475
Sep 20050061.4512.08$0
Aug 200535837261.519.80$25,665
Jul 20050055.697.84$0
Jun 200517521252.337.38$10,723
May 200555057745.226.65$28,709
Apr 200553755549.207.36$30,505
Mar 200553377750.377.15$32,407
Feb 200538149445.226.31$20,347
Jan 200554345943.166.32$26,338
Dec 200435374939.866.75$19,127
Nov 200453554745.286.33$27,688
Oct 20043696949.706.52$18,789
Sep 200436058543.245.28$18,657
Aug 20049071,25842.375.55$45,412
Jul 20049081,31238.286.08$42,741
Jun 20049261,28936.106.43$41,721
May 20047311,24837.486.49$35,503
Apr 20047251,37234.475.86$33,029
Mar 20041,0841,56834.365.53$45,918
Feb 20049161,48332.455.51$37,895
Jan 20041,0882,02232.036.30$47,587
Dec 20031,1201,93830.266.30$46,104
Nov 20039942,10428.804.60$38,295
Oct 20039112,52828.174.76$37,695
Sep 20037371,09126.314.75$24,572
Aug 20035541,05229.765.13$21,884
Jul 20031,2712,61829.415.17$50,917
Jun 20031,4682,59028.565.98$57,422
May 20031,4762,69826.595.97$55,361
Apr 20031,1252,87826.675.41$45,566
Mar 20031,6393,07931.146.10$69,808
Feb 20031,4681,74933.487.93$63,011
Jan 20031,4252,82830.315.58$58,978
Dec 20021,2272,98026.914.85$47,483
Nov 20021,0512,40524.664.14$35,867
Oct 20028932,51926.464.23$34,282
Sep 20028752,27927.443.64$32,295
Aug 20028582,46625.963.16$30,077
Jul 20028922,55024.583.06$29,733
Jun 20025482,36723.733.34$20,906
May 20027212,82824.663.58$27,915
Apr 20027012,71023.653.51$26,097
Mar 20021732,16522.003.10$10,523
Feb 20020018.222.38$0
Jan 200266025917.172.38$11,948
Dec 20011,6982,55716.932.36$34,793
Nov 20012,4485,18818.072.41$56,715
Oct 20012,4965,12919.782.53$62,342
Sep 20012,6664,38324.262.25$74,545
Aug 20011,2242,80324.873.05$38,999
Jul 20011,1913,95523.933.20$41,145
Jun 20011,3825,03824.563.82$53,208
May 20011,8585,10825.524.31$69,418
Apr 20011,3726,37924.685.34$67,895
Mar 20011,5514,47024.545.38$62,094
Feb 2001168027.755.77$4,662
Jan 20010027.478.40$0
Dec 20003602426.889.12$9,896
Nov 200034561132.215.66$14,569
Oct 20001,3855,93131.235.15$73,772
Sep 20001,4956,14731.875.19$79,527
Aug 20001,5734,26329.644.54$65,981
Jul 20001,5724,92628.534.09$64,995
Jun 20001,4164,94029.304.40$63,211
May 20001,7674,92927.263.68$66,306
Apr 20001,6764,64024.513.12$55,537
Mar 20001,7974,76928.422.86$64,709
Feb 20001,7494,42827.622.73$60,380
Jan 20002,1215,22925.272.48$66,568
Dec 19992,2325,00924.282.42$66,333
Nov 19992,1264,29623.192.43$59,758
Oct 19992,1224,81920.982.80$58,031
Sep 19991,7654,45521.752.62$50,056
Aug 19991,9052,33419.262.88$43,402
Jul 19991,9562,85817.892.37$41,773
Jun 19991,6762,68815.942.36$33,065
May 19992,2222,78515.792.32$41,549
Apr 19992,1712,99715.102.21$39,400
Mar 19992,3393,00812.471.84$34,697
Feb 19992,4522,5949.981.82$29,186
Jan 19992,9662,89510.381.90$36,287
Dec 19982,9422,5199.201.77$31,533
Nov 19982,9402,13210.892.19$36,677
Oct 19983,0471,60612.421.97$41,006
Sep 199868850812.592.08$9,720

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 2016 — as filed, then multipliedworked
Oil                  204 bbl  × $ 26.47 =     $5,400
Casinghead gas         0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                   $5,400

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/O/12863 is the state's own key, not one this site invented.