SCHULTZ 696

Operated by EOG RESOURCES, INC. (P-5 253162) in the LIPSCOMB (ATOKA 9200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 211453District 10Field 538691202 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Aug 2005 – May 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
189
1 month not filed
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 52 leases and 52 wells, and the rule below applies to all of them.

Discovered
1985-10-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 2004-07-06.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA.

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 Gas112010-02-09196768
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
CondensateDisposition5,955 bbl$396,869
GasProduction857,200 Mcf$6,644,480
Total$7,041,349

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 36.2616, -100.1539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.26161, -100.15395 · 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
9,450 ft
1 wells filed one
Completion to plug
15.3 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 9,450 ft.

Completions filed
Aug 2005
1 of 1 wells
Plug dates filed
Dec 2020
1 of 1 wells

Last completion to plug: a median of 15.3 years across the 1 well that filed both dates, with the middle half between 15.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953289739,450 ftAug 2005Dec 2020Yes

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 (189)

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

189 months

May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$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 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016332942.521.99$1,461
Apr 2016038036.561.99$757
Mar 2016039233.011.79$703
Feb 20165354626.472.06$2,530
Jan 2016058827.352.36$1,390
Dec 2015044932.362.00$899
Nov 2015050038.792.17$1,084
Oct 2015084343.552.43$2,046
Sep 2015041842.992.76$1,153
Aug 20154448540.162.87$3,160
Jul 2015078548.152.95$2,312
Jun 201501,06256.152.88$3,062
May 201501,06555.212.96$3,148
Apr 201501,12249.822.71$3,037
Mar 2015661,49742.892.93$7,224
Feb 201501,08744.662.98$3,235
Jan 2015062943.433.10$1,950
Dec 201401,35754.693.59$4,873
Nov 201401,21470.464.25$5,162
Oct 2014671,51578.303.90$11,156
Sep 201401,46586.164.05$5,927
Aug 201401,37189.394.04$5,532
Jul 201401,27296.564.18$5,316
Jun 201401,29698.164.74$6,139
May 201401,51294.734.73$7,147
Apr 201401,52295.944.81$7,319
Mar 2014441,38195.895.06$11,203
Feb 201401,46197.406.19$9,047
Jan 2014971,44090.404.86$15,768
Dec 201301,50591.824.35$6,553
Nov 201301,52688.853.74$5,705
Oct 201301,84797.423.78$6,980
Sep 201301,596104.113.72$5,934
Aug 201301,725104.253.52$6,077
Jul 201301,658102.523.72$6,164
Jun 201301,47994.403.93$5,818
May 2013451,62794.834.15$11,018
Apr 201301,82593.964.28$7,816
Mar 201301,83993.623.91$7,196
Feb 2013098891.233.42$3,379
Jan 2013571,67991.603.42$10,963
Dec 201202,03486.773.42$6,957
Nov 201201,72286.953.62$6,242
Oct 201201,82289.383.40$6,194
Sep 201201,38894.672.92$4,051
Aug 2012811,97792.662.91$13,255
Jul 201201,97685.133.02$5,969
Jun 201202,01279.822.52$5,068
May 201202,48991.612.49$6,193
Apr 201202,540101.652.00$5,072
Mar 201201,242105.052.22$2,760
Feb 2012812,161101.102.57$13,743
Jan 201202,35998.092.73$6,450
Dec 20111882,68296.873.24$26,901
Nov 201102,72795.723.31$9,030
Oct 201103,18484.983.65$11,617
Sep 201101,34183.623.99$5,345
Aug 2011090483.404.15$3,751
Jul 201102,82194.144.52$12,743
Jun 2011099992.904.64$4,635
May 201102,57798.134.40$11,351
Apr 201102,012105.964.33$8,719
Mar 201102,01396.364.06$8,167
Feb 201101,52485.644.18$6,370
Jan 201103,02486.504.59$13,876
Dec 201002,87785.734.35$12,508
Nov 20101951,86580.843.80$22,842
Oct 201002,04278.103.51$7,165
Sep 201002,60472.633.98$10,363
Aug 201002,97373.684.42$13,139
Jul 201002,67572.554.74$12,670
Jun 201002,06970.364.91$10,160
May 201002,96171.124.24$12,540
Apr 201002,43981.694.12$10,055
Mar 20101993,14778.394.39$29,411
Feb 201003,33373.585.44$18,139
Jan 201003,52474.365.96$21,017
Dec 200904,21071.445.48$23,087
Nov 200904,13674.593.75$15,516
Oct 200904,32472.544.11$17,773
Sep 200904,38265.543.06$13,430
Aug 200905,42667.423.22$17,464
Jul 200905,06061.133.46$17,530
Jun 200904,45166.163.90$17,337
May 200905,05254.743.93$19,833
Apr 20091914,08246.773.59$23,577
Mar 200904,24542.144.06$17,230
Feb 200904,86932.814.63$22,558
Jan 200908,80535.865.37$47,292
Dec 200804,59937.105.98$27,489
Nov 200805,78755.496.86$39,701
Oct 20083646,18775.246.92$70,214
Sep 200806,299101.767.88$49,618
Aug 200805,161114.228.48$43,781
Jul 200806,390131.0811.39$72,778
Jun 200807,437131.3313.03$96,924
May 200805,108123.1711.57$59,121
Apr 200804,522110.3110.45$47,277
Mar 20081906,253101.909.66$79,790
Feb 200806,57892.538.77$57,693
Jan 200807,62890.388.21$62,593
Dec 200708,30888.337.30$60,665
Nov 200708,33191.677.29$60,747
Oct 200709,44982.856.92$65,406
Sep 2007010,24075.846.24$63,940
Aug 200709,27569.066.39$59,248
Jul 20073119,85270.906.39$84,984
Jun 2007010,65962.007.55$80,459
May 2007011,36558.747.85$89,173
Apr 2007011,93559.617.81$93,155
Mar 2007013,09656.927.30$95,627
Feb 2007012,81955.108.22$105,321
Jan 2007014,88050.306.73$100,096
Dec 200619315,85956.656.92$120,653
Nov 2006016,12054.207.62$122,794
Oct 200619017,93654.906.01$118,295
Sep 2006017,88360.085.04$90,080
Aug 200619117,48568.717.34$141,462
Jul 200619219,43469.376.34$136,584
Jun 2006021,93866.286.38$140,050
May 200619023,05866.016.42$160,690
Apr 200619024,58764.397.36$193,206
Mar 200619727,27556.707.08$204,357
Feb 200635826,78357.597.75$228,215
Jan 200619031,73860.598.93$295,038
Dec 200539834,11254.9413.42$479,492
Nov 200519732,56354.6910.59$355,564
Oct 200540142,40158.3413.80$608,348
Sep 200576257,40661.4512.08$740,232
Aug 2005039,40661.519.80$386,054

Not filed, and not zero: Jan 2021. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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 2016 — as filed, then multipliedworked
Condensate            33 bbl  × $ 42.52 =     $1,403
Gas                   29 Mcf  × $  1.99 =        $58

────────────────────────────────────────────────────
Month total                                   $1,461

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/211453 is the state's own key, not one this site invented.