SCHULTZ "E"

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the PERSONVILLE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 165829District 05Field 707922002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Oct 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
344
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 36 leases and 36 wells, and the rule below applies to all of them.

Discovered
1980-03-24
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/96.

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
High Cost Gas111998-02-03137944
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
CondensateDisposition22 bbl$726
GasProduction228,169 Mcf$1,096,491
Total$1,097,217

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 31.5056, -96.3903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50557, -96.39029 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,691 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 11,691 ft.

Completions filed
Oct 1997
1 of 1 wells

1 well

42-29330623211,691 ftOct 1997

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 (344)

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

344 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
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 2022021476.415.73$1,226
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 2021015957.805.55$882
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202007536.972.48$186
Sep 202006437.091.99$127
Aug 202009739.982.39$231
Jul 2020011038.371.83$201
Jun 202004034.901.69$68
May 202006216.921.81$113
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 2019016656.272.46$408
Jun 2019023452.782.49$583
May 2019023858.482.74$652
Apr 2019026162.632.75$718
Mar 2019021756.803.06$664
Feb 2019011150.852.79$310
Jan 2019032046.033.23$1,033
Dec 201808846.594.19$368
Nov 2018034452.934.24$1,458
Oct 2018016161.443.40$547
Sep 2018018759.543.11$581
Aug 2018017159.403.07$524
Jul 201808465.142.93$246
Jun 2018058560.183.08$1,800
May 2018033365.382.90$966
Apr 2018026663.842.90$772
Mar 2018016961.222.79$471
Feb 2018015561.782.77$429
Jan 2018011762.874.01$469
Dec 2017016457.272.92$479
Nov 2017019455.423.12$605
Oct 2017013949.292.98$415
Sep 2017017447.523.09$537
Aug 2017012045.373.00$361
Jul 2017014943.873.09$460
Jun 2017014242.493.09$438
May 2017017745.373.26$578
Apr 2017021347.933.21$684
Mar 2017043746.772.98$1,304
Feb 2017015250.452.95$449
Jan 2017011449.413.42$390
Dec 2016013248.763.72$491
Nov 2016013242.492.64$349
Oct 201607846.193.09$241
Sep 201607741.553.10$239
Aug 201609341.442.92$272
Jul 2016011841.622.92$345
Jun 2016013545.352.69$363
May 2016017742.521.99$352
Apr 2016011336.561.99$225
Mar 2016017433.011.79$312
Feb 2016012026.472.06$248
Jan 2016016327.352.36$385
Dec 2015013732.362.00$274
Nov 2015018938.792.17$410
Oct 2015019043.552.43$461
Sep 2015022042.992.76$607
Aug 2015037540.162.87$1,077
Jul 2015037948.152.95$1,116
Jun 2015036356.152.88$1,046
May 2015057955.212.96$1,711
Apr 2015020649.822.71$558
Mar 2015019442.892.93$569
Feb 2015015044.662.98$446
Jan 2015017443.433.10$540
Dec 2014012754.693.59$456
Nov 2014013870.464.25$587
Oct 2014015478.303.90$601
Sep 2014011386.164.05$457
Aug 2014024689.394.04$993
Jul 2014014796.564.18$614
Jun 2014015798.164.74$744
May 2014018694.734.73$879
Apr 2014015795.944.81$755
Mar 2014014795.895.06$743
Feb 2014016597.406.19$1,022
Jan 2014012290.404.86$593
Dec 2013016091.824.35$697
Nov 2013013388.853.74$497
Oct 2013013697.423.78$514
Sep 20130156104.113.72$580
Aug 20130181104.253.52$638
Jul 20130231102.523.72$859
Jun 2013025594.403.93$1,003
May 2013020394.834.15$842
Apr 2013017893.964.28$762
Mar 2013016893.623.91$657
Feb 2013030091.233.42$1,026
Jan 201308491.603.42$287
Dec 201209186.773.42$311
Nov 2012016286.953.62$587
Oct 2012014089.383.40$476
Sep 2012013794.672.92$400
Aug 2012016392.662.91$474
Jul 2012015685.133.02$471
Jun 2012015979.822.52$401
May 2012025891.612.49$642
Apr 20120231101.652.00$461
Mar 20120213105.052.22$473
Feb 20120151101.102.57$388
Jan 2012014398.092.73$391
Dec 2011013896.873.24$447
Nov 2011015395.723.31$507
Oct 2011011384.983.65$412
Sep 2011011083.623.99$438
Aug 2011027483.404.15$1,137
Jul 2011026594.144.52$1,197
Jun 2011033092.904.64$1,531
May 2011029998.134.40$1,317
Apr 20110306105.964.33$1,326
Mar 2011048996.364.06$1,984
Feb 2011043385.644.18$1,810
Jan 2011025286.504.59$1,156
Dec 2010021285.734.35$922
Nov 2010052280.843.80$1,981
Oct 201011,35278.103.51$4,822
Sep 201001,11772.633.98$4,445
Aug 201001,03773.684.42$4,583
Jul 201011,62572.554.74$7,769
Jun 201001,81570.364.91$8,912
May 201001,73271.124.24$7,335
Apr 2010095281.694.12$3,925
Mar 2010015678.394.39$685
Feb 2010092873.585.44$5,051
Jan 2010058674.365.96$3,495
Dec 200901,66071.445.48$9,103
Nov 2009024674.593.75$923
Oct 2009010072.544.11$411
Sep 200909265.543.06$282
Aug 2009013167.423.22$422
Jul 2009030961.133.46$1,071
Jun 2009010066.163.90$390
May 2009024754.743.93$970
Apr 2009010046.773.59$359
Mar 2009020142.144.06$816
Feb 2009036032.814.63$1,668
Jan 200909535.865.37$510
Dec 2008118737.105.98$1,155
Nov 2008096455.496.86$6,613
Oct 2008078475.246.92$5,427
Sep 200801,192101.767.88$9,389
Aug 20080766114.228.48$6,498
Jul 2008042131.0811.39$478
Jun 2008032131.3313.03$417
May 20080155123.1711.57$1,794
Apr 20080147110.3110.45$1,537
Mar 20080525101.909.66$5,074
Feb 2008022292.538.77$1,947
Jan 2008050390.388.21$4,127
Dec 200701,84188.337.30$13,443
Nov 2007052991.677.29$3,857
Oct 200701,57682.856.92$10,909
Sep 200701,67075.846.24$10,428
Aug 200701,72169.066.39$10,994
Jul 200701,70270.906.39$10,872
Jun 2007087462.007.55$6,597
May 2007032458.747.85$2,542
Apr 2007076559.617.81$5,971
Mar 2007097656.927.30$7,127
Feb 2007083755.108.22$6,877
Jan 2007072950.306.73$4,904
Dec 2006070156.656.92$4,850
Nov 2006051254.207.62$3,900
Oct 2006074854.906.01$4,498
Sep 200601,20360.085.04$6,060
Aug 200601,53768.717.34$11,281
Jul 200601,37669.376.34$8,728
Jun 2006099366.286.38$6,339
May 200601,47166.016.42$9,451
Apr 200601,80364.397.36$13,271
Mar 200601,75856.707.08$12,452
Feb 200601,76857.597.75$13,704
Jan 200601,82560.598.93$16,303
Dec 200501,82654.9413.42$24,497
Nov 200501,90454.6910.59$20,160
Oct 200502,14158.3413.80$29,537
Sep 200501,65061.4512.08$19,930
Aug 200501,60161.519.80$15,685
Jul 200501,36555.697.84$10,707
Jun 200501,36552.337.38$10,075
May 200501,09445.226.65$7,276
Apr 200501,56249.207.36$11,497
Mar 200501,91050.377.15$13,666
Feb 200501,36645.226.31$8,622
Jan 200502,07843.166.32$13,138
Dec 200402,13139.866.75$14,387
Nov 200402,92345.286.33$18,504
Oct 200402,23849.706.52$14,581
Sep 200412,37743.245.28$12,603
Aug 200401,49042.375.55$8,270
Jul 2004094238.286.08$5,731
Jun 200401,81736.106.43$11,689
May 200402,82037.486.49$18,315
Apr 200401,93334.475.86$11,324
Mar 200401,60534.365.53$8,876
Feb 2004099032.455.51$5,455
Jan 200401,33232.036.30$8,391
Dec 200301,00430.266.30$6,327
Nov 200321,87728.804.60$8,683
Oct 2003099228.174.76$4,722
Sep 2003098526.314.75$4,678
Aug 200301,21129.765.13$6,212
Jul 200301,31129.415.17$6,779
Jun 200301,35928.565.98$8,131
May 200301,11526.595.97$6,660
Apr 2003096426.675.41$5,213
Mar 200301,48731.146.10$9,065
Feb 200311,72833.487.93$13,729
Jan 200301,56830.315.58$8,753
Dec 200231,42426.914.85$6,992
Nov 200201,42524.664.14$5,895
Oct 200201,51726.464.23$6,416
Sep 200201,12527.443.64$4,090
Aug 200201,97825.963.16$6,259
Jul 200201,85124.583.06$5,667
Jun 200201,70423.733.34$5,688
May 200201,64024.663.58$5,878
Apr 2002078623.653.51$2,761
Mar 200201,01422.003.10$3,146
Feb 200201,05918.222.38$2,516
Jan 2002086817.172.38$2,062
Dec 2001389816.932.36$2,174
Nov 200101,18518.072.41$2,851
Oct 2001092019.782.53$2,327
Sep 200101,11824.262.25$2,517
Aug 200101,02924.873.05$3,142
Jul 2001098623.933.20$3,152
Jun 2001085324.563.82$3,262
May 200101,66025.524.31$7,150
Apr 200101,08224.685.34$5,773
Mar 2001285924.545.38$4,667
Feb 2001067627.755.77$3,899
Jan 2001077027.478.40$6,467
Dec 2000097326.889.12$8,876
Nov 2000078232.215.66$4,425
Oct 200001,02231.235.15$5,259
Sep 2000780631.875.19$4,403
Aug 200001,03929.644.54$4,718
Jul 2000095628.534.09$3,910
Jun 2000083029.304.40$3,650
May 200001,01527.263.68$3,735
Apr 200001,00824.513.12$3,141
Mar 200001,07328.422.86$3,069
Feb 200001,02627.622.73$2,797
Jan 200001,14325.272.48$2,835
Dec 199901,48224.282.42$3,592
Nov 199901,64523.192.43$4,004
Oct 199901,21620.982.80$3,409
Sep 199901,28921.752.62$3,376
Aug 199901,07219.262.88$3,083
Jul 199901,24317.892.37$2,949
Jun 1999094515.942.36$2,232
May 199901,18715.792.32$2,755
Apr 1999078415.102.21$1,731
Mar 199901,37812.471.84$2,533
Feb 199902,7229.981.82$4,948
Jan 199902,43310.381.90$4,623
Dec 199802,0139.201.77$3,570
Nov 199803,70510.892.19$8,098
Oct 1998045712.421.97$900
Sep 199801,85312.592.08$3,859
Aug 1998062211.301.91$1,186
Jul 199802,59811.742.24$5,812
Jun 199802,56811.242.24$5,745
May 199802,31312.622.21$5,103
Apr 199803,91013.042.51$9,796
Mar 199803,61812.802.31$8,356
Feb 199803,44713.952.30$7,925
Jan 199803,16314.702.15$6,816
Dec 199702,81816.322.41$6,794
Nov 199703,72218.193.09$11,495
Oct 199704,29119.253.15$13,516

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.

Dec 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.41 =         $0
Gas                  214 Mcf  × $  5.73 =     $1,226

────────────────────────────────────────────────────
Month total                                   $1,226

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. 05/G/165829 is the state's own key, not one this site invented.