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 216926District 05Field 707922002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Jul 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
251
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 Gas112006-08-21166294
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
CondensateDisposition1,288 bbl$98,642
GasProduction563,943 Mcf$3,935,767
Total$4,034,409

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 31.4893, -96.3826. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48928, -96.38260 · 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
11,162 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 11,162 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-293316921011,162 ftAug 2005

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 (251)

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

251 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 20220076.415.73$0
Nov 202267085.005.65$5,695
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022420115.097.98$4,834
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 2019015656.272.46$384
Jun 2019013452.782.49$334
May 2019027158.482.74$743
Apr 201905762.632.75$157
Mar 2019018856.803.06$576
Feb 2019014150.852.79$394
Jan 2019010346.033.23$333
Dec 2018017546.594.19$732
Nov 2018013952.934.24$589
Oct 2018012861.443.40$435
Sep 2018013759.543.11$426
Aug 2018012459.403.07$380
Jul 2018012865.142.93$375
Jun 2018011060.183.08$338
May 2018012165.382.90$351
Apr 2018025363.842.90$734
Mar 201809661.222.79$268
Feb 2018010961.782.77$302
Jan 201808762.874.01$349
Dec 2017010657.272.92$310
Nov 201706755.423.12$209
Oct 201707849.292.98$233
Sep 201706747.523.09$207
Aug 2017013345.373.00$400
Jul 201707943.873.09$244
Jun 201707942.493.09$244
May 201707145.373.26$232
Apr 2017010547.933.21$337
Mar 2017010846.772.98$322
Feb 201707250.452.95$213
Jan 201708049.413.42$274
Dec 2016010548.763.72$391
Nov 201608442.492.64$222
Oct 201606446.193.09$198
Sep 201609941.553.10$307
Aug 2016013141.442.92$383
Jul 201601041.622.92$29
Jun 201604845.352.69$129
May 201609242.521.99$183
Apr 201601536.561.99$30
Mar 201601033.011.79$18
Feb 201601826.472.06$37
Jan 201605527.352.36$130
Dec 2015014232.362.00$284
Nov 2015044238.792.17$958
Oct 2015077043.552.43$1,868
Sep 2015066842.992.76$1,843
Aug 2015072440.162.87$2,080
Jul 2015082848.152.95$2,439
Jun 2015039056.152.88$1,124
May 2015031255.212.96$922
Apr 2015039749.822.71$1,075
Mar 2015066842.892.93$1,960
Feb 2015078044.662.98$2,321
Jan 2015086843.433.10$2,691
Dec 201401,93754.693.59$6,956
Nov 201402,45770.464.25$10,447
Oct 201402,89978.303.90$11,309
Sep 201402,61786.164.05$10,587
Aug 201402,89289.394.04$11,670
Jul 201402,81096.564.18$11,745
Jun 201403,16698.164.74$14,997
May 20141042,24194.734.73$20,444
Apr 2014090695.944.81$4,357
Mar 201401,28695.895.06$6,503
Feb 201401,98197.406.19$12,266
Jan 201403,14890.404.86$15,302
Dec 201302,37291.824.35$10,329
Nov 201302,19188.853.74$8,191
Oct 201303,08597.423.78$11,659
Sep 201302,996104.113.72$11,138
Aug 201303,217104.253.52$11,332
Jul 201303,294102.523.72$12,246
Jun 201303,06794.403.93$12,064
May 201303,07794.834.15$12,767
Apr 201302,61293.964.28$11,186
Mar 201302,66093.623.91$10,408
Feb 201301,31191.233.42$4,484
Jan 2013052191.603.42$1,782
Dec 2012072286.773.42$2,469
Nov 2012072686.953.62$2,632
Oct 201202,02189.383.40$6,871
Sep 201212,30594.672.92$6,822
Aug 201202,63092.662.91$7,648
Jul 201203,37485.133.02$10,192
Jun 201202,39379.822.52$6,028
May 201202,87791.612.49$7,159
Apr 201201,738101.652.00$3,470
Mar 201202,196105.052.22$4,880
Feb 201202,098101.102.57$5,392
Jan 201202,53298.092.73$6,923
Dec 201102,27296.873.24$7,361
Nov 201103,96695.723.31$13,133
Oct 201103,31884.983.65$12,106
Sep 201102,85083.623.99$11,360
Aug 201102,58483.404.15$10,722
Jul 201103,00894.144.52$13,588
Jun 201103,33492.904.64$15,469
May 201103,78598.134.40$16,672
Apr 201102,899105.964.33$12,562
Mar 201102,74296.364.06$11,125
Feb 201102,58985.644.18$10,822
Jan 2011621,86086.504.59$13,898
Dec 201001,81185.734.35$7,874
Nov 201002,15780.843.80$8,187
Oct 201002,18078.103.51$7,649
Sep 201002,49172.633.98$9,913
Aug 201002,56373.684.42$11,327
Jul 201001,31772.554.74$6,238
Jun 201002,03670.364.91$9,998
May 201002,43671.124.24$10,317
Apr 201002,94581.694.12$12,141
Mar 201002,26578.394.39$9,940
Feb 2010562,39273.585.44$17,139
Jan 201003,30274.365.96$19,693
Dec 200902,80571.445.48$15,382
Nov 200902,13874.593.75$8,021
Oct 200902,14072.544.11$8,796
Sep 200903,02665.543.06$9,274
Aug 200902,84667.423.22$9,160
Jul 2009972,26961.133.46$13,791
Jun 200902,43366.163.90$9,477
May 200904,77754.743.93$18,753
Apr 200906,38746.773.59$22,913
Mar 200907,28942.144.06$29,586
Feb 200907,49532.814.63$34,724
Jan 2009010,32035.865.37$55,429
Dec 2008010,85437.105.98$64,876
Nov 200806,76755.496.86$46,424
Oct 200806,63475.246.92$45,920
Sep 200807,473101.767.88$58,865
Aug 200807,966114.228.48$67,576
Jul 20081052,127131.0811.39$37,989
Jun 200802,241131.3313.03$29,206
May 200804,951123.1711.57$57,304
Apr 200805,091110.3110.45$53,226
Mar 200802,252101.909.66$21,763
Feb 2008835,25192.538.77$53,734
Jan 200803,02690.388.21$24,831
Dec 200706,79888.337.30$49,639
Nov 200704,69791.677.29$34,249
Oct 200703,51982.856.92$24,358
Sep 200716,11675.846.24$38,265
Aug 2007785,32169.066.39$39,377
Jul 200703,26170.906.39$20,831
Jun 200704,98562.007.55$37,629
May 200709,72558.747.85$76,305
Apr 200703,82759.617.81$29,871
Mar 200705,13256.927.30$37,474
Feb 20071497,36355.108.22$68,704
Jan 200705,32750.306.73$35,834
Dec 200606,34656.656.92$43,904
Nov 200606,44754.207.62$49,110
Oct 200605,59254.906.01$33,629
Sep 200607,26760.085.04$36,605
Aug 200607,58968.717.34$55,703
Jul 20061419,74569.376.34$71,591
Jun 2006010,42366.286.38$66,539
May 2006015,45366.016.42$99,286
Apr 2006617,86564.397.36$131,881
Mar 200608,43356.707.08$59,730
Feb 200618,75957.597.75$67,950
Jan 200606,67760.598.93$59,648
Dec 2005014,82454.9413.42$198,870
Nov 2005016,67954.6910.59$176,604
Oct 200523026,97158.3413.80$385,504
Sep 20055832,29361.4512.08$393,631
Aug 200578,79861.519.80$86,623
Jul 2005010,27455.697.84$80,586

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.

Nov 2022 — as filed, then multipliedworked
Condensate            67 bbl  × $ 85.00 =     $5,695
Gas                    0 Mcf  × $  5.65 =         $0

────────────────────────────────────────────────────
Month total                                   $5,695

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/216926 is the state's own key, not one this site invented.