SCHULTZ -B-

Operated by LATIGO PETROLEUM, LLC (P-5 488260) 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 153535District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
Jan 1995 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
377
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 Gas111995-08-11131948
NGPA2none

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
CondensateDisposition5,691 bbl$233,671
GasProduction1,763,943 Mcf$7,342,102
Total$7,575,774

189,743 Mcf of this lease's gas, across 23 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 36.2929, -100.3550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.29292, -100.35501 · 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
9,935 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 9,935 ft.

Completions filed
Sep 2003
1 of 1 wells

1 well

42-2953220039,935 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 (377)

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

377 months

May 202601,277106.413.05$3,890
Apr 202601,23798.932.87$3,550
Mar 202601,28589.753.15$4,047
Feb 202601,24863.503.75$4,680
Jan 202601,34659.138.00$10,765
Dec 202501,34956.664.41$5,954
Nov 202501,33658.593.93$5,246
Oct 202501,36659.383.30$4,514
Sep 202501,34562.743.08$4,138
Aug 202501,38563.933.01$4,175
Jul 202501,36966.743.32$4,539
Jun 202501,32766.483.13$4,152
May 202501,37660.553.23$4,448
Apr 202501,33662.363.54$4,734
Mar 202501,38367.704.27$5,903
Feb 202501,26470.884.34$5,487
Jan 202501,43074.324.28$6,119
Dec 202401,46468.993.12$4,570
Nov 20240069.052.20$0
Oct 202401,61771.372.28$3,689
Sep 2024082269.612.36$1,944
Aug 202401,48175.632.06$3,056
Jul 202401,45479.932.15$3,121
Jun 202401,40578.082.63$3,701
May 202401,49078.812.20$3,276
Apr 202401,45184.451.66$2,408
Mar 202401,49680.301.55$2,312
Feb 202401,40876.091.78$2,511
Jan 20240073.023.30$0
Dec 202301,51071.262.61$3,942
Nov 202301,51677.892.81$4,256
Oct 202301,55485.443.09$4,798
Sep 202301,49989.042.74$4,100
Aug 202301,55980.522.67$4,167
Jul 202301,57174.852.64$4,150
Jun 202301,52868.962.26$3,451
May 202301,60070.622.23$3,564
Apr 202301,55078.122.24$3,469
Mar 202301,60172.852.39$3,831
Feb 202301,44575.112.47$3,563
Jan 202301,61676.533.39$5,475
Dec 202201,24176.415.73$7,110
Nov 202201,33685.005.65$7,543
Oct 202201,58887.185.86$9,312
Sep 202201,55384.888.16$12,678
Aug 202201,57794.529.13$14,394
Jul 202201,617101.587.54$12,196
Jun 202201,543115.097.98$12,309
May 202201,602109.378.43$13,510
Apr 202201,550104.226.84$10,598
Mar 202201,531108.885.08$7,772
Feb 202201,41691.054.86$6,880
Jan 202201,47781.844.54$6,702
Dec 202101,48971.323.90$5,806
Nov 202101,54977.435.24$8,112
Oct 202101,70779.795.71$9,754
Sep 202101,62569.865.35$8,695
Aug 202101,67966.024.22$7,086
Jul 202101,71770.783.98$6,837
Jun 2021035469.493.38$1,197
May 2021021063.483.02$634
Apr 2021039660.362.76$1,092
Mar 2021066061.302.72$1,793
Feb 2021068357.805.55$3,789
Jan 202101,17050.412.81$3,288
Dec 202001,28444.642.68$3,435
Nov 202001,63638.772.71$4,428
Oct 202001,63636.972.48$4,055
Sep 202001,73237.091.99$3,448
Aug 202001,81039.982.39$4,317
Jul 202001,81638.371.83$3,314
Jun 202001,78034.901.69$3,009
May 202001,89116.921.81$3,432
Apr 202001,84914.751.80$3,336
Mar 202001,93630.341.86$3,594
Feb 202001,84849.881.98$3,660
Jan 202002,03657.252.09$4,265
Dec 201902,17459.012.30$5,010
Nov 201902,80355.302.75$7,710
Oct 201901,81453.472.42$4,387
Sep 201901,58855.052.66$4,220
Aug 201902,10453.112.30$4,848
Jul 201902,07556.272.46$5,105
Jun 201902,02852.782.49$5,052
May 201902,14158.482.74$5,867
Apr 201902,14662.632.75$5,903
Mar 20191722,34456.803.06$16,947
Feb 201902,33650.852.79$6,523
Jan 201903,31746.033.23$10,708
Dec 201802,71046.594.19$11,343
Nov 201803,94852.934.24$16,729
Oct 201803,49361.443.40$11,869
Sep 2018041859.543.11$1,299
Aug 201803,13359.403.07$9,608
Jul 201803,44465.142.93$10,097
Jun 201803,32460.183.08$10,228
May 201803,57365.382.90$10,365
Apr 201803,65563.842.90$10,602
Mar 201804,09361.222.79$11,407
Feb 201804,33961.782.77$12,002
Jan 2018024362.874.01$974
Dec 201703,61657.272.92$10,564
Nov 201703,54655.423.12$11,058
Oct 20171763,72049.292.98$19,774
Sep 201703,63247.523.09$11,213
Aug 201703,73845.373.00$11,230
Jul 201703,74943.873.09$11,574
Jun 201703,63742.493.09$11,228
May 201703,89945.373.26$12,724
Apr 201704,03647.933.21$12,962
Mar 201704,40646.772.98$13,146
Feb 201704,56550.452.95$13,479
Jan 201703,08049.413.42$10,530
Dec 201601,80148.763.72$6,705
Nov 201603,34442.492.64$8,843
Oct 201603,71646.193.09$11,483
Sep 20161833,45441.553.10$18,313
Aug 201603,46441.442.92$10,130
Jul 2016993,49541.622.92$14,341
Jun 2016793,13245.352.69$11,995
May 201603,07442.521.99$6,120
Apr 201602,95636.561.99$5,886
Mar 201601,23333.011.79$2,212
Feb 201601,66426.472.06$3,434
Jan 201601,09927.352.36$2,598
Dec 201503,24232.362.00$6,489
Nov 201503,72838.792.17$8,080
Oct 201503,65743.552.43$8,874
Sep 201503,65042.992.76$10,068
Aug 20153463,35740.162.87$23,538
Jul 201503,78248.152.95$11,138
Jun 201503,78756.152.88$10,917
May 201504,07855.212.96$12,052
Apr 201504,08449.822.71$11,054
Mar 201504,13142.892.93$12,123
Feb 201503,80444.662.98$11,321
Jan 201505,03443.433.10$15,609
Dec 201402,24254.693.59$8,052
Nov 201403,79270.464.25$16,123
Oct 201404,13778.303.90$16,138
Sep 2014304,36086.164.05$20,223
Aug 201403,06089.394.04$12,347
Jul 2014673,11996.564.18$19,506
Jun 201404,20698.164.74$19,923
May 2014594,57294.734.73$27,199
Apr 201404,86195.944.81$23,377
Mar 201405,82095.895.06$29,431
Feb 2014091897.406.19$5,684
Jan 201404,37990.404.86$21,285
Dec 2013074791.824.35$3,253
Nov 201303,90788.853.74$14,605
Oct 201304,39697.423.78$16,614
Sep 201304,458104.113.72$16,574
Aug 201305,598104.253.52$19,720
Jul 20130958102.523.72$3,562
Jun 201304,26594.403.93$16,776
May 201305,20694.834.15$21,600
Apr 201303,24893.964.28$13,910
Mar 20131443,14593.623.91$25,787
Feb 201303,01991.233.42$10,325
Jan 201302,19691.603.42$7,510
Dec 201203,97586.773.42$13,595
Nov 201203,01986.953.62$10,944
Oct 201203,97989.383.40$13,527
Sep 201204,48294.672.92$13,080
Aug 201204,55092.662.91$13,232
Jul 201204,51185.133.02$13,627
Jun 201204,67079.822.52$11,764
May 201205,74391.612.49$14,290
Apr 20121921,916101.652.00$23,343
Mar 201203,686105.052.22$8,191
Feb 201205,259101.102.57$13,517
Jan 201204,97598.092.73$13,602
Dec 201101,65496.873.24$5,359
Nov 201105,30395.723.31$17,560
Oct 201104,26384.983.65$15,554
Sep 201102,00283.623.99$7,980
Aug 201104,97283.404.15$20,630
Jul 201105,10194.144.52$23,042
Jun 201104,99892.904.64$23,190
May 201105,26998.134.40$23,209
Apr 201105,235105.964.33$22,685
Mar 201105,97196.364.06$24,226
Feb 201102,90685.644.18$12,147
Jan 201103,07586.504.59$14,111
Dec 201005,07085.734.35$22,043
Nov 201004,95080.843.80$18,787
Oct 20101725,18678.103.51$31,630
Sep 201005,08772.633.98$20,244
Aug 201005,58373.684.42$24,673
Jul 201004,17472.554.74$19,770
Jun 201005,10270.364.91$25,053
May 201005,28671.124.24$22,387
Apr 201005,20081.694.12$21,438
Mar 201005,30078.394.39$23,260
Feb 201004,98273.585.44$27,114
Jan 201005,40974.365.96$32,260
Dec 200904,50771.445.48$24,715
Nov 200905,44674.593.75$20,431
Oct 200905,10372.544.11$20,975
Sep 20091895,57065.543.06$29,458
Aug 200906,06967.423.22$19,533
Jul 200905,12061.133.46$17,738
Jun 200906,22066.163.90$24,227
May 200905,42554.743.93$21,297
Apr 200905,82646.773.59$20,901
Mar 200905,27042.144.06$21,391
Feb 200905,66532.814.63$26,246
Jan 200905,80435.865.37$31,173
Dec 200803,42137.105.98$20,448
Nov 20082026,00555.496.86$52,405
Oct 200805,99875.246.92$41,518
Sep 200805,869101.767.88$46,231
Aug 200803,798114.228.48$32,219
Jul 200805,427131.0811.39$61,810
Jun 200805,128131.3313.03$66,831
May 200805,840123.1711.57$67,594
Apr 200806,034110.3110.45$63,085
Mar 200806,421101.909.66$62,053
Feb 200804,71692.538.77$41,362
Jan 200806,31290.388.21$51,795
Dec 20071806,76588.337.30$65,297
Nov 200708,15591.677.29$59,464
Oct 200704,37482.856.92$30,277
Sep 200705,59075.846.24$34,905
Aug 200705,98169.066.39$38,206
Jul 200705,36570.906.39$34,271
Jun 200707,35262.007.55$55,496
May 200706,87858.747.85$53,967
Apr 200704,47759.617.81$34,944
Mar 200701056.927.30$73
Feb 200702,74355.108.22$22,536
Jan 200704,69450.306.73$31,576
Dec 200606,02756.656.92$41,697
Nov 200606,68454.207.62$50,915
Oct 20061255,32554.906.01$38,886
Sep 200607,19460.085.04$36,238
Aug 200607,52468.717.34$55,226
Jul 200608,28469.376.34$52,543
Jun 200607,25766.286.38$46,328
May 200605,70966.016.42$36,680
Apr 200607,32564.397.36$53,916
Mar 2006010,49056.707.08$74,300
Feb 200607,10557.597.75$55,072
Jan 20060060.598.93$0
Dec 20051581,37554.9413.42$27,127
Nov 200507,44054.6910.59$78,778
Oct 200507,86558.3413.80$108,504
Sep 200507,84761.4512.08$94,784
Aug 200508,43361.519.80$82,617
Jul 200509,23555.697.84$72,436
Jun 200508,30052.337.38$61,263
May 200504,25545.226.65$28,301
Apr 200508,30049.207.36$61,092
Mar 200508,20950.377.15$58,734
Feb 200507,20645.226.31$45,484
Jan 200504,89543.166.32$30,947
Dec 200404,74339.866.75$32,020
Nov 200406,81045.286.33$43,110
Oct 20041798,95249.706.52$67,219
Sep 200409,41743.245.28$49,758
Aug 200407,38442.375.55$40,986
Jul 200408,36438.286.08$50,888
Jun 200408,85036.106.43$56,932
May 200407,99337.486.49$51,911
Apr 200409,73634.475.86$57,038
Mar 20041918,16934.365.53$51,738
Feb 200409,50432.455.51$52,363
Jan 2004010,43432.036.30$65,730
Dec 2003011,25930.266.30$70,950
Nov 200309,73128.804.60$44,716
Oct 2003011,72428.174.76$55,802
Sep 200304,56626.314.75$21,686
Aug 200305,07829.765.13$26,049
Jul 200305,85829.415.17$30,291
Jun 200306,18328.565.98$36,993
May 200306,69126.595.97$39,963
Apr 200308,91126.675.41$48,184
Mar 20031958,20031.146.10$56,060
Feb 200306,89333.487.93$54,633
Jan 200308,74730.315.58$48,826
Dec 200208,88526.914.85$43,126
Nov 200208,16924.664.14$33,795
Oct 200209,57226.464.23$40,481
Sep 200209,93027.443.64$36,098
Aug 200208,00725.963.16$25,335
Jul 200208,88724.583.06$27,210
Jun 200208,65223.733.34$28,882
May 200209,16224.663.58$32,837
Apr 200208,65223.653.51$30,389
Mar 20021789,06822.003.10$32,051
Feb 200208,10218.222.38$19,248
Jan 200208,92717.172.38$21,208
Dec 2001010,43816.932.36$24,680
Nov 200108,14618.072.41$19,595
Oct 2001010,82619.782.53$27,378
Sep 2001011,48924.262.25$25,865
Aug 200108,29824.873.05$25,335
Jul 200117210,29723.933.20$37,036
Jun 2001010,08524.563.82$38,567
May 2001010,78525.524.31$46,454
Apr 2001010,39224.685.34$55,445
Mar 2001010,72024.545.38$57,635
Feb 200109,82727.755.77$56,673
Jan 200119410,97627.478.40$97,514
Dec 2000010,32926.889.12$94,226
Nov 2000010,98932.215.66$62,176
Oct 2000010,19331.235.15$52,448
Sep 200009,92831.875.19$51,492
Aug 2000011,19729.644.54$50,843
Jul 200009,48428.534.09$38,787
Jun 2000010,47729.304.40$46,070
May 20001719,17527.263.68$38,423
Apr 200006,87924.513.12$21,435
Mar 200001,69628.422.86$4,850
Feb 200003,40727.622.73$9,289
Jan 200003,75925.272.48$9,324
Dec 199903,78124.282.42$9,164
Nov 199903,79823.192.43$9,244
Oct 199903,96420.982.80$11,114
Sep 199903,75221.752.62$9,826
Aug 199903,94519.262.88$11,344
Jul 19991654,14617.892.37$12,788
Jun 199903,92115.942.36$9,262
May 199903,57315.792.32$8,293
Apr 199903,39415.102.21$7,494
Mar 199903,77012.471.84$6,931
Feb 1999683,4429.981.82$6,935
Jan 1999223,85810.381.90$7,558
Dec 199803,7289.201.77$6,611
Nov 1998584,14910.892.19$9,700
Oct 199804,57812.421.97$9,015
Sep 199804,38812.592.08$9,139
Aug 199805,06411.301.91$9,659
Jul 199804,88811.742.24$10,936
Jun 199805,16111.242.24$11,547
May 19981875,05612.622.21$13,515
Apr 199804,76713.042.51$11,943
Mar 199805,77212.802.31$13,330
Feb 199804,72113.952.30$10,854
Jan 199806,27914.702.15$13,530
Dec 19971926,36716.322.41$18,485
Nov 199703,73818.193.09$11,544
Oct 199703,89419.253.15$12,265
Sep 199703,58417.742.95$10,590
Aug 199703,76217.862.55$9,611
Jul 199703,86717.582.25$8,689
Jun 199703,88917.242.26$8,778
May 199704,09318.972.31$9,449
Apr 199703,87617.882.08$8,073
Mar 199704,39618.951.94$8,524
Feb 19971873,93020.492.21$12,501
Jan 199704,34023.483.54$15,362
Dec 199604,47823.32$0
Nov 199604,55721.97$0
Oct 199605,07323.31$0
Sep 199604,44222.22$0
Aug 199605,13020.26$0
Jul 199605,38119.55$0
Jun 199605,44818.73$0
May 19961925,84419.43$3,731
Apr 199605,68121.51$0
Mar 199606,14319.38$0
Feb 199605,96516.98$0
Jan 199607,05817.07$0
Dec 199507,39917.19$0
Nov 199507,56416.00$0
Oct 199508,77215.43$0
Sep 19951899,76216.18$3,058
Aug 1995011,95515.92$0
Jul 1995010,35315.24$0
Jun 19951898,65516.41$3,101
May 1995012,91017.56$0
Apr 199519917,77217.73$3,528
Mar 199519024,87816.44$3,124
Feb 199504,52316.58$0
Jan 19950015.92$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                1,277 Mcf  × $  3.05 =     $3,890

────────────────────────────────────────────────────
Month total                                   $3,890

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/153535 is the state's own key, not one this site invented.