SHOULTZ, E. C.

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the GLENWOOD (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197981District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Sep 2003 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
273
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 351 leases and 351 wells, and the rule below applies to all of them.

Discovered
1980-12-20
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-12-05.

The Commission's schedule remark for this field reads: BE FILED IF THE OPERATOR CHOOSES. THIS IS A UFT FIELD.

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 Gas112004-04-16156208
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
CondensateDisposition3,497 bbl$240,336
GasProduction934,382 Mcf$5,207,422
Total$5,447,759

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 32.5627, -94.8763. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56267, -94.87632 · 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
10,935 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 10,935 ft.

Completions filed
Sep 2003
1 of 1 wells

1 well

42-18331561210,935 ftSep 2003

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 (273)

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

273 months

May 20260249106.413.05$758
Apr 2026022798.932.87$651
Mar 2026028389.753.15$891
Feb 2026025263.503.75$945
Jan 2026032359.138.00$2,583
Dec 2025032456.664.41$1,430
Nov 2025032458.593.93$1,272
Oct 2025029059.383.30$958
Sep 2025025962.743.08$797
Aug 2025027763.933.01$835
Jul 2025026666.743.32$882
Jun 2025024466.483.13$763
May 2025025060.553.23$808
Apr 2025023562.363.54$833
Mar 2025026667.704.27$1,135
Feb 2025034770.884.34$1,506
Jan 2025033974.324.28$1,450
Dec 2024033968.993.12$1,058
Nov 2024034669.052.20$761
Oct 2024036071.372.28$821
Sep 2024037169.612.36$877
Aug 2024041675.632.06$858
Jul 2024041079.932.15$880
Jun 2024046678.082.63$1,227
May 2024064878.812.20$1,425
Apr 202401,04084.451.66$1,726
Mar 2024090980.301.55$1,405
Feb 2024778476.091.78$1,931
Jan 20241240273.023.30$2,202
Dec 2023141,01371.262.61$3,642
Nov 2023151,27777.892.81$4,754
Oct 2023161,23285.443.09$5,171
Sep 2023131,31989.042.74$4,765
Aug 2023101,02080.522.67$3,532
Jul 20231175474.852.64$2,815
Jun 2023121,12168.962.26$3,359
May 20231490970.622.23$3,013
Apr 2023151,13278.122.24$3,705
Mar 2023171,13972.852.39$3,964
Feb 20231580575.112.47$3,112
Jan 2023141,17176.533.39$5,038
Dec 2022181,17976.415.73$8,130
Nov 202216085.005.65$1,360
Oct 2022221,12387.185.86$8,503
Sep 2022151,18584.888.16$10,947
Aug 2022201,21894.529.13$13,007
Jul 2022121,514101.587.54$12,638
Jun 2022161,414115.097.98$13,121
May 2022131,626109.378.43$15,134
Apr 2022181,271104.226.84$10,567
Mar 2022181,543108.885.08$9,793
Feb 2022121,48991.054.86$8,327
Jan 2022171,77681.844.54$9,450
Dec 2021141,77871.323.90$7,931
Nov 2021161,82977.435.24$10,817
Oct 2021131,86679.795.71$11,699
Sep 2021131,64469.865.35$9,705
Aug 2021141,67466.024.22$7,990
Jul 2021151,58770.783.98$7,381
Jun 2021111,47569.493.38$5,751
May 2021161,56663.483.02$5,741
Apr 2021151,62160.362.76$5,377
Mar 2021141,73461.302.72$5,569
Feb 2021161,47157.805.55$9,086
Jan 2021201,55750.412.81$5,384
Dec 2020171,51544.642.68$4,812
Nov 2020131,58938.772.71$4,805
Oct 2020201,72036.972.48$5,002
Sep 2020161,60137.091.99$3,781
Aug 2020201,70339.982.39$4,861
Jul 2020141,54438.371.83$3,355
Jun 2020181,81534.901.69$3,696
May 2020191,81316.921.81$3,612
Apr 2020231,88314.751.80$3,737
Mar 2020202,01330.341.86$4,343
Feb 2020201,62649.881.98$4,218
Jan 2020231,26457.252.09$3,965
Dec 2019191,90759.012.30$5,516
Nov 2019112,21555.302.75$6,701
Oct 2019112,48953.472.42$6,608
Sep 2019111,24155.052.66$3,903
Aug 2019121,11053.112.30$3,195
Jul 20191297056.272.46$3,062
Jun 2019131,05252.782.49$3,307
May 2019151,29158.482.74$4,415
Apr 2019131,32362.632.75$4,453
Mar 2019201,39156.803.06$5,395
Feb 2019161,33650.852.79$4,544
Jan 2019201,84846.033.23$6,886
Dec 2018221,58646.594.19$7,663
Nov 2018201,67552.934.24$8,156
Oct 2018111,94861.443.40$7,295
Sep 20181486359.543.11$3,516
Aug 2018141,75059.403.07$6,198
Jul 201881,33965.142.93$4,447
Jun 20181576160.183.08$3,244
May 2018211,72065.382.90$6,362
Apr 2018201,91563.842.90$6,832
Mar 2018221,88161.222.79$6,589
Feb 2018161,32961.782.77$4,665
Jan 2018141,16662.874.01$5,555
Dec 2017191,84557.272.92$6,478
Nov 2017211,68655.423.12$6,421
Oct 2017171,90249.292.98$6,513
Sep 2017181,91047.523.09$6,752
Aug 2017171,97845.373.00$6,714
Jul 2017182,03343.873.09$7,066
Jun 2017161,73042.493.09$6,021
May 2017191,43145.373.26$5,532
Apr 2017211,83847.933.21$6,909
Mar 2017261,98846.772.98$7,148
Feb 2017181,77650.452.95$6,152
Jan 2017231,85749.413.42$7,485
Dec 2016241,99948.763.72$8,612
Nov 2016221,95942.492.64$6,115
Oct 2016242,06446.193.09$7,487
Sep 2016171,99741.553.10$6,898
Aug 2016161,98541.442.92$6,468
Jul 2016211,77241.622.92$6,056
Jun 2016202,08545.352.69$6,507
May 2016222,23042.521.99$5,375
Apr 2016242,24536.561.99$5,347
Mar 2016272,37233.011.79$5,147
Feb 2016232,29226.472.06$5,339
Jan 2016231,96727.352.36$5,280
Dec 2015211,90032.362.00$4,482
Nov 2015161,85438.792.17$4,639
Oct 2015191,83843.552.43$5,288
Sep 2015171,66142.992.76$5,313
Aug 2015181,56640.162.87$5,221
Jul 2015222,27648.152.95$7,762
Jun 2015191,90256.152.88$6,550
May 201501,67855.212.96$4,959
Apr 201502,35149.822.71$6,363
Mar 20150442.892.93$12
Feb 201501,95544.662.98$5,818
Jan 201502,05443.433.10$6,369
Dec 201402,15254.693.59$7,729
Nov 201401,86470.464.25$7,925
Oct 201402,22178.303.90$8,664
Sep 201402,22786.164.05$9,009
Aug 201402,12089.394.04$8,554
Jul 201402,19396.564.18$9,166
Jun 201402,13098.164.74$10,090
May 201432,33594.734.73$11,321
Apr 2014112,22795.944.81$11,765
Mar 2014172,38095.895.06$13,665
Feb 2014162,04497.406.19$14,215
Jan 2014172,14290.404.86$11,948
Dec 2013202,32691.824.35$11,965
Nov 2013242,27988.853.74$10,652
Oct 2013192,48597.423.78$11,243
Sep 2013201,732104.113.72$8,521
Aug 2013172,677104.253.52$11,202
Jul 2013182,547102.523.72$11,314
Jun 2013152,50694.403.93$11,273
May 2013121,97894.834.15$9,345
Apr 2013132,30893.964.28$11,106
Mar 2013141,88993.623.91$8,702
Feb 2013131,99891.233.42$8,019
Jan 2013142,38291.603.42$9,429
Dec 2012152,49986.773.42$9,849
Nov 2012152,49086.953.62$10,330
Oct 2012132,64689.383.40$10,157
Sep 2012132,75894.672.92$9,280
Aug 2012142,96792.662.91$9,926
Jul 2012133,19885.133.02$10,767
Jun 2012163,21079.822.52$9,363
May 2012152,28291.612.49$7,053
Apr 2012142,513101.652.00$6,441
Mar 2012172,593105.052.22$7,548
Feb 2012142,647101.102.57$8,219
Jan 2012132,65198.092.73$8,523
Dec 2011102,74496.873.24$9,859
Nov 201102,21295.723.31$7,325
Oct 201101,29684.983.65$4,729
Sep 201101,93683.623.99$7,717
Aug 201101,50583.404.15$6,245
Jul 201102,80194.144.52$12,653
Jun 201103,15992.904.64$14,657
May 201103,20198.134.40$14,100
Apr 201102,830105.964.33$12,263
Mar 201103,16996.364.06$12,858
Feb 201101,42085.644.18$5,936
Jan 201101,24586.504.59$5,713
Dec 201026,28285.734.35$27,484
Nov 2010231,90680.843.80$9,093
Oct 2010453,31078.103.51$15,129
Sep 2010462,66172.633.98$13,930
Aug 2010483,28073.684.42$18,032
Jul 2010443,31272.554.74$18,879
Jun 2010483,18170.364.91$18,997
May 2010813,79671.124.24$21,838
Apr 20101041,97381.694.12$16,630
Mar 20101273,42578.394.39$24,987
Feb 2010953,01773.585.44$23,410
Jan 20101113,38274.365.96$28,425
Dec 20091003,31971.445.48$25,345
Nov 2009753,60874.593.75$19,130
Oct 2009263,79972.544.11$17,501
Sep 2009213,61065.543.06$12,440
Aug 2009223,38967.423.22$12,391
Jul 2009233,87861.133.46$14,841
Jun 2009183,78966.163.90$15,949
May 2009104,33554.743.93$17,566
Apr 2009129,69246.773.59$35,331
Mar 20091110,62942.144.06$43,607
Feb 2009109,20232.814.63$42,961
Jan 2009128,82135.865.37$47,808
Dec 200899,83237.105.98$59,101
Nov 200884,32955.496.86$30,142
Oct 2008124,23375.246.92$30,204
Sep 2008114,389101.767.88$35,692
Aug 2008123,808114.228.48$33,674
Jul 2008154,367131.0811.39$51,704
Jun 2008165,094131.3313.03$68,490
May 2008323,337123.1711.57$42,565
Apr 200844,507110.3110.45$47,561
Mar 2008144,578101.909.66$45,669
Feb 2008114,37992.538.77$39,424
Jan 2008144,61990.388.21$39,168
Dec 200704,81888.337.30$35,181
Nov 200704,95391.677.29$36,116
Oct 200704,46382.856.92$30,893
Sep 200706,05275.846.24$37,790
Aug 200706,15669.066.39$39,324
Jul 200705,51470.906.39$35,223
Jun 200705,78162.007.55$43,638
May 200705,78058.747.85$45,352
Apr 200705,44959.617.81$42,531
Mar 200706,31856.927.30$46,134
Feb 200704,70455.108.22$38,648
Jan 200706,59450.306.73$44,357
Dec 200605,50156.656.92$38,058
Nov 200606,10554.207.62$46,505
Oct 200606,25754.906.01$37,628
Sep 200605,38760.085.04$27,135
Aug 200606,40268.717.34$46,990
Jul 200606,70569.376.34$42,528
Jun 200606,47766.286.38$41,348
May 200607,07466.016.42$45,450
Apr 200606,68764.397.36$49,220
Mar 200607,84556.707.08$55,566
Feb 200607,38157.597.75$57,211
Jan 200607,35760.598.93$65,722
Dec 200508,86154.9413.42$118,874
Nov 200507,69254.6910.59$81,446
Oct 200508,08658.3413.80$111,553
Sep 200507,27261.4512.08$87,838
Aug 200508,07461.519.80$79,100
Jul 200507,96755.697.84$62,490
Jun 200508,36952.337.38$61,772
May 200508,86945.226.65$58,989
Apr 200508,88949.207.36$65,427
Mar 200503,00050.377.15$21,465
Feb 200508,38845.226.31$52,944
Jan 200509,88743.166.32$62,508
Dec 2004010,03239.866.75$67,727
Nov 2004010,49645.286.33$66,444
Oct 2004011,14649.706.52$72,617
Sep 2004010,52143.245.28$55,592
Aug 2004013,29842.375.55$73,813
Jul 2004012,97838.286.08$78,960
Jun 2004013,91736.106.43$89,528
May 2004015,71537.486.49$102,062
Apr 2004015,20234.475.86$89,060
Mar 200403,00034.365.53$16,590
Feb 2004017,64332.455.51$97,206
Jan 2004018,68732.036.30$117,721
Dec 2003021,26030.266.30$133,973
Nov 2003024,22928.804.60$111,336
Oct 2003033,51228.174.76$159,505
Sep 20030026.314.75$0

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  249 Mcf  × $  3.05 =       $758

────────────────────────────────────────────────────
Month total                                     $758

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. 06/G/197981 is the state's own key, not one this site invented.