SCHULTZ -E-

Operated by EOG RESOURCES, INC. (P-5 253162) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 145162District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1993 – Mar 2013
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
243
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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2013-08-06.

The Commission's schedule remark for this field reads: 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 Gas111993-07-08127930
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
CondensateDisposition4,201 bbl$89,368
GasProduction858,761 Mcf$1,370,672
Total$1,460,039

524,304 Mcf of this lease's gas, across 46 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 36.3230, -100.2012. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.32303, -100.20118 · 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
7,810 ft
1 wells filed one
Completion to plug
19.5 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 7,810 ft.

Completions filed
Mar 1993
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 19.5 years across the 1 well that filed both dates, with the middle half between 19.5 years and 19.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953203448707,810 ftMar 1993Sep 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 (243)

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

243 months

Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 201212994.672.92$1,162
Aug 201208192.662.91$236
Jul 201206285.133.02$187
Jun 2012013579.822.52$340
May 2012022491.612.49$557
Apr 2012440101.652.00$4,473
Mar 201200105.052.22$0
Feb 2012033101.102.57$85
Jan 2012019398.092.73$528
Dec 20110096.873.24$0
Nov 2011015395.723.31$507
Oct 2011014784.983.65$536
Sep 20110083.623.99$0
Aug 2011015483.404.15$639
Jul 201102094.144.52$90
Jun 201108892.904.64$408
May 2011013098.134.40$573
Apr 2011096105.964.33$416
Mar 2011037396.364.06$1,513
Feb 2011027385.644.18$1,141
Jan 2011026686.504.59$1,221
Dec 2010019385.734.35$839
Nov 2010013680.843.80$516
Oct 2010016378.103.51$572
Sep 2010024472.633.98$971
Aug 2010030673.684.42$1,352
Jul 2010014572.554.74$687
Jun 2010021970.364.91$1,075
May 2010015871.124.24$669
Apr 2010022281.694.12$915
Mar 2010010078.394.39$439
Feb 201003173.585.44$169
Jan 201005074.365.96$298
Dec 2009011071.445.48$603
Nov 2009010174.593.75$379
Oct 2009011172.544.11$456
Sep 2009013065.543.06$398
Aug 2009013967.423.22$447
Jul 2009010861.133.46$374
Jun 2009013566.163.90$526
May 2009019554.743.93$766
Apr 2009022146.773.59$793
Mar 2009030842.144.06$1,250
Feb 2009050632.814.63$2,344
Jan 200901,69835.865.37$9,120
Dec 200801,28737.105.98$7,693
Nov 200801,32755.496.86$9,104
Oct 200801,35475.246.92$9,372
Sep 200801,220101.767.88$9,610
Aug 20080596114.228.48$5,056
Jul 20080816131.0811.39$9,294
Jun 20080777131.3313.03$10,126
May 20080819123.1711.57$9,479
Apr 20080666110.3110.45$6,963
Mar 20080673101.909.66$6,504
Feb 2008067292.538.77$5,894
Jan 2008070690.388.21$5,793
Dec 2007067388.337.30$4,914
Nov 200701,27291.677.29$9,275
Oct 2007090582.856.92$6,264
Sep 2007083475.846.24$5,208
Aug 200705869.066.39$371
Jul 2007021270.906.39$1,354
Jun 2007094462.007.55$7,126
May 2007093358.747.85$7,321
Apr 200701,28859.617.81$10,053
Mar 2007099956.927.30$7,295
Feb 2007045355.108.22$3,722
Jan 2007036350.306.73$2,442
Dec 2006077056.656.92$5,327
Nov 200601,06154.207.62$8,082
Oct 200601,38654.906.01$8,335
Sep 200601,59960.085.04$8,054
Aug 200601,50068.717.34$11,010
Jul 200601,58269.376.34$10,034
Jun 200601,35266.286.38$8,631
May 200601,62166.016.42$10,415
Apr 20061251,65864.397.36$20,252
Mar 200601,34156.707.08$9,498
Feb 200601,03457.597.75$8,015
Jan 200601,09160.598.93$9,746
Dec 200501,04154.9413.42$13,965
Nov 2005093854.6910.59$9,932
Oct 2005098458.3413.80$13,575
Sep 2005093861.4512.08$11,330
Aug 2005096361.519.80$9,434
Jul 2005097255.697.84$7,624
Jun 2005098852.337.38$7,292
May 2005047545.226.65$3,159
Apr 2005090349.207.36$6,647
Mar 2005094350.377.15$6,747
Feb 2005082845.226.31$5,226
Jan 2005092243.166.32$5,829
Dec 2004083839.866.75$5,657
Nov 200401,06545.286.33$6,742
Oct 200401,10749.706.52$7,212
Sep 200401,26243.245.28$6,668
Aug 200401,41742.375.55$7,865
Jul 200401,46538.286.08$8,913
Jun 20041461,40236.106.43$14,290
May 200401,37037.486.49$8,898
Apr 200401,25934.475.86$7,376
Mar 200401,38034.365.53$7,632
Feb 200401,51232.455.51$8,331
Jan 200401,72732.036.30$10,879
Dec 200301,77130.266.30$11,160
Nov 200301,76128.804.60$8,092
Oct 200301,82928.174.76$8,705
Sep 200301,80026.314.75$8,549
Aug 200301,92429.765.13$9,870
Jul 200301,98529.415.17$10,264
Jun 200301,81028.565.98$10,829
May 200302,05426.595.97$12,268
Apr 20032072,02026.675.41$16,443
Mar 200302,08131.146.10$12,686
Feb 200301,82333.487.93$14,449
Jan 200302,15930.315.58$12,052
Dec 200202,34126.914.85$11,363
Nov 200202,30324.664.14$9,527
Oct 200202,39426.464.23$10,125
Sep 200202,35127.443.64$8,546
Aug 200202,42925.963.16$7,686
Jul 200202,47124.583.06$7,566
Jun 200202,47623.733.34$8,265
May 200202,52824.663.58$9,060
Apr 200202,43023.653.51$8,535
Mar 200202,43322.003.10$7,549
Feb 200202,10218.222.38$4,994
Jan 200202,60017.172.38$6,177
Dec 200102,67416.932.36$6,322
Nov 200102,57718.072.41$6,199
Oct 200102,70619.782.53$6,843
Sep 200102,70724.262.25$6,094
Aug 200102,81724.873.05$8,601
Jul 200102,87923.933.20$9,204
Jun 200102,79224.563.82$10,677
May 200102,93025.524.31$12,620
Apr 200102,86824.685.34$15,302
Mar 20011852,98024.545.38$20,562
Feb 200102,83327.755.77$16,338
Jan 200103,53927.478.40$29,723
Dec 200003,02026.889.12$27,550
Nov 200003,13032.215.66$17,710
Oct 200003,15631.235.15$16,239
Sep 200003,32331.875.19$17,235
Aug 200003,15829.644.54$14,340
Jul 200003,45728.534.09$14,138
Jun 200002,95429.304.40$12,989
May 200002,84427.263.68$10,465
Apr 200003,01024.513.12$9,379
Mar 200002,79828.422.86$8,002
Feb 200002,70927.622.73$7,386
Jan 20001533,19425.272.48$11,789
Dec 199903,48824.282.42$8,454
Nov 199902,89823.192.43$7,054
Oct 199903,89920.982.80$10,932
Sep 199904,03821.752.62$10,575
Aug 199903,88619.262.88$11,175
Jul 199902,85117.892.37$6,764
Jun 19991632,82115.942.36$9,262
May 199912,55015.792.32$5,934
Apr 199902,57815.102.21$5,692
Mar 199902,84112.471.84$5,223
Feb 199902,4309.981.82$4,417
Jan 199903,29510.381.90$6,260
Dec 199803,8659.201.77$6,854
Nov 199803,67610.892.19$8,035
Oct 199803,76812.421.97$7,420
Sep 199803,90712.592.08$8,137
Aug 199803,56011.301.91$6,790
Jul 199804,28511.742.24$9,587
Jun 199804,19711.242.24$9,390
May 199804,16112.622.21$9,181
Apr 19981743,31813.042.51$10,582
Mar 199803,77312.802.31$8,714
Feb 199803,32013.952.30$7,633
Jan 199803,55714.702.15$7,665
Dec 199703,81116.322.41$9,189
Nov 199703,83418.193.09$11,840
Oct 199704,30419.253.15$13,557
Sep 199704,78417.742.95$14,136
Aug 199705,02617.862.55$12,840
Jul 19971935,22517.582.25$15,133
Jun 199705,10517.242.26$11,523
May 199705,52418.972.31$12,752
Apr 199704,88117.882.08$10,166
Mar 199705,61018.951.94$10,879
Feb 199704,77020.492.21$10,522
Jan 199704,98423.483.54$17,642
Dec 19961825,94823.32$4,244
Nov 199604,53721.97$0
Oct 199605,29123.31$0
Sep 199605,07522.22$0
Aug 199605,65720.26$0
Jul 199605,85119.55$0
Jun 199605,82218.73$0
May 199606,16919.43$0
Apr 19961776,21221.51$3,807
Mar 199606,40719.38$0
Feb 199605,64416.98$0
Jan 199606,84017.07$0
Dec 199506,60417.19$0
Nov 199506,71116.00$0
Oct 19951776,78315.43$2,731
Sep 199506,81216.18$0
Aug 199507,14115.92$0
Jul 199507,47715.24$0
Jun 199507,21816.41$0
May 199507,76417.56$0
Apr 199507,62717.73$0
Mar 19951827,80516.44$2,992
Feb 199507,37816.58$0
Jan 199507,99415.92$0
Dec 19941918,93015.03$2,871
Nov 199408,53215.90$0
Oct 199408,96615.58$0
Sep 199409,55615.29$0
Aug 1994010,33216.13$0
Jul 199409,65417.56$0
Jun 19941809,56917.09$3,076
May 1994010,03415.88$0
Apr 1994010,79614.14$0
Mar 1994011,20912.46$0
Feb 1994010,39212.50$0
Jan 1994013,72612.66$0
Dec 199316414,55312.33$2,022
Nov 1993015,28114.49$0
Oct 1993017,43115.85$0
Sep 199319519,17715.03$2,931
Aug 1993022,60515.66$0
Jul 199317927,41515.46$2,767
Jun 199318628,88216.79$3,123
May 199338735,43917.68$6,842
Apr 199320044,29018.05$3,610
Mar 199339820,76818.14$7,220
Feb 19930017.90$0
Jan 19930016.93$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.

Sep 2012 — as filed, then multipliedworked
Condensate            12 bbl  × $ 94.67 =     $1,136
Gas                    9 Mcf  × $  2.92 =        $26

────────────────────────────────────────────────────
Month total                                   $1,162

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. 10/G/145162 is the state's own key, not one this site invented.