SCHULTZ "C"

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 219430District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Jun 2006 – May 2026
Value, last 12 filed months
$110 k
at the published price for each month
Months reported
240
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 Gas112006-11-30170798
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
CondensateDisposition6,740 bbl$472,633
GasProduction1,377,928 Mcf$6,552,433
Total$7,025,066

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 36.3337, -100.0906. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.33369, -100.09057 · 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
7,551 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 7,551 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-2953295348857,551 ftJun 2006

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 (240)

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

240 months

May 202602,481106.413.05$7,557
Apr 202602,41798.932.87$6,936
Mar 202602,51789.753.15$7,927
Feb 202602,67763.503.75$10,040
Jan 202601,80759.138.00$14,452
Dec 202502,51556.664.41$11,100
Nov 202502,60758.593.93$10,236
Oct 202502,65859.383.30$8,784
Sep 202502,60462.743.08$8,012
Aug 202502,78163.933.01$8,384
Jul 202502,73966.743.32$9,080
Jun 202502,54766.483.13$7,969
May 202502,68060.553.23$8,663
Apr 202502,71562.363.54$9,620
Mar 202502,84667.704.27$12,148
Feb 202502,58170.884.34$11,204
Jan 202502,69174.324.28$11,514
Dec 202402,68068.993.12$8,365
Nov 202402,48569.052.20$5,463
Oct 202402,44171.372.28$5,569
Sep 202402,34269.612.36$5,537
Aug 202402,59475.632.06$5,353
Jul 202402,52979.932.15$5,429
Jun 202402,49178.082.63$6,561
May 202402,65578.812.20$5,837
Apr 202402,54684.451.66$4,224
Mar 202402,67780.301.55$4,136
Feb 202402,56476.091.78$4,573
Jan 20240073.023.30$0
Dec 202302,85771.262.61$7,459
Nov 202302,76877.892.81$7,771
Oct 202302,94285.443.09$9,083
Sep 202302,89289.042.74$7,910
Aug 202302,95380.522.67$7,893
Jul 202302,92174.852.64$7,717
Jun 202302,90068.962.26$6,550
May 202302,83170.622.23$6,306
Apr 202302,84078.122.24$6,355
Mar 202303,08972.852.39$7,392
Feb 202302,75475.112.47$6,790
Jan 202302,69976.533.39$9,143
Dec 202202,68676.415.73$15,388
Nov 202202,88685.005.65$16,295
Oct 202203,02687.185.86$17,744
Sep 202202,94884.888.16$24,067
Aug 202203,08294.529.13$28,130
Jul 20221943,162101.587.54$43,555
Jun 202203,077115.097.98$24,546
May 202203,103109.378.43$26,168
Apr 202203,017104.226.84$20,629
Mar 202203,109108.885.08$15,783
Feb 202202,71991.054.86$13,211
Jan 202203,12781.844.54$14,189
Dec 202103,22671.323.90$12,579
Nov 202103,16277.435.24$16,559
Oct 202103,26079.795.71$18,627
Sep 202103,22769.865.35$17,267
Aug 202103,34966.024.22$14,135
Jul 202103,38070.783.98$13,459
Jun 202103,26969.493.38$11,051
May 202103,41163.483.02$10,293
Apr 202103,34960.362.76$9,238
Mar 20211853,66861.302.72$21,306
Feb 202102,08857.805.55$11,584
Jan 202103,33550.412.81$9,372
Dec 202003,06544.642.68$8,200
Nov 202003,45338.772.71$9,346
Oct 202003,45336.972.48$8,558
Sep 202003,43137.091.99$6,831
Aug 202003,71139.982.39$8,851
Jul 202003,77938.371.83$6,897
Jun 202003,78634.901.69$6,400
May 202003,82416.921.81$6,940
Apr 202003,53014.751.80$6,369
Mar 202003,66030.341.86$6,794
Feb 202003,42349.881.98$6,780
Jan 20201743,67057.252.09$17,649
Dec 201903,73959.012.30$8,616
Nov 201903,66655.302.75$10,084
Oct 201903,85053.472.42$9,311
Sep 201903,77055.052.66$10,018
Aug 201903,96953.112.30$9,146
Jul 201904,00856.272.46$9,860
Jun 201903,89752.782.49$9,708
May 201904,03958.482.74$11,068
Apr 201903,96062.632.75$10,893
Mar 201904,03756.803.06$12,362
Feb 20191113,67450.852.79$15,903
Jan 201904,04546.033.23$13,058
Dec 20181834,12846.594.19$25,803
Nov 201804,04452.934.24$17,135
Oct 201804,32561.443.40$14,697
Sep 201805,20159.543.11$16,165
Aug 201805,17659.403.07$15,873
Jul 201804,23365.142.93$12,411
Jun 201804,06760.183.08$12,514
May 201804,24865.382.90$12,323
Apr 201804,19863.842.90$12,178
Mar 201804,25661.222.79$11,861
Feb 201803,85861.782.77$10,672
Jan 201804,43562.874.01$17,781
Dec 201704,38657.272.92$12,814
Nov 201704,31955.423.12$13,468
Oct 201704,53349.292.98$13,525
Sep 201704,38847.523.09$13,547
Aug 201704,52745.373.00$13,601
Jul 20171814,62643.873.09$22,222
Jun 201704,48042.493.09$13,831
May 201704,59545.373.26$14,995
Apr 201704,63547.933.21$14,886
Mar 201704,75946.772.98$14,199
Feb 201704,33850.452.95$12,808
Jan 201704,70749.413.42$16,092
Dec 201604,82448.763.72$17,959
Nov 201604,74142.492.64$12,537
Oct 201604,83246.193.09$14,932
Sep 201604,80141.553.10$14,886
Aug 20161875,14441.442.92$22,792
Jul 201605,32441.622.92$15,569
Jun 201605,18745.352.69$13,931
May 201605,44542.521.99$10,841
Apr 201604,50836.561.99$8,976
Mar 201604,86233.011.79$8,722
Feb 201604,89626.472.06$10,104
Jan 201603,92527.352.36$9,280
Dec 201505,16932.362.00$10,345
Nov 2015824,98238.792.17$13,978
Oct 201505,04443.552.43$12,240
Sep 201505,18842.992.76$14,311
Aug 201505,38340.162.87$15,463
Jul 201505,51448.152.95$16,239
Jun 20151955,20856.152.88$25,963
May 201505,12155.212.96$15,135
Apr 201504,94149.822.71$13,373
Mar 20151804,88842.892.93$22,065
Feb 201504,63244.662.98$13,786
Jan 201505,04443.433.10$15,640
Dec 201405,11354.693.59$18,363
Nov 201404,91570.464.25$20,898
Oct 201405,24178.303.90$20,445
Sep 20141945,00086.164.05$36,942
Aug 201405,21089.394.04$21,023
Jul 201405,20296.564.18$21,742
Jun 201405,47898.164.74$25,949
May 201405,30894.734.73$25,089
Apr 201404,98195.944.81$23,954
Mar 201405,06395.895.06$25,603
Feb 201404,75297.406.19$29,424
Jan 201405,15990.404.86$25,076
Dec 201305,51591.824.35$24,015
Nov 20134054,88288.853.74$54,235
Oct 201304,87897.423.78$18,436
Sep 201304,905104.113.72$18,236
Aug 201305,353104.253.52$18,857
Jul 201305,226102.523.72$19,429
Jun 201305,20094.403.93$20,454
May 2013575,69794.834.15$29,043
Apr 201305,49393.964.28$23,524
Mar 201305,67893.623.91$22,217
Feb 201305,23091.233.42$17,886
Jan 201305,57891.603.42$19,076
Dec 20121905,76886.773.42$36,214
Nov 201205,76986.953.62$20,912
Oct 201206,63889.383.40$22,567
Sep 201205,82894.672.92$17,008
Aug 201205,65292.662.91$16,437
Jul 201206,43385.133.02$19,433
Jun 20121916,27379.822.52$31,048
May 201205,68691.612.49$14,149
Apr 201205,784101.652.00$11,549
Mar 201206,304105.052.22$14,008
Feb 201205,905101.102.57$15,177
Jan 201206,38498.092.73$17,454
Dec 201106,03396.873.24$19,545
Nov 201105,19695.723.31$17,205
Oct 20111936,49984.983.65$40,113
Sep 201106,90983.623.99$27,538
Aug 201106,15883.404.15$25,552
Jul 201107,11694.144.52$32,145
Jun 201106,99592.904.64$32,456
May 201107,23298.134.40$31,856
Apr 201106,779105.964.33$29,375
Mar 20111907,17196.364.06$47,404
Feb 201105,50085.644.18$22,990
Jan 201107,36386.504.59$33,787
Dec 201007,38485.734.35$32,104
Nov 201007,19680.843.80$27,311
Oct 201008,13878.103.51$28,555
Sep 20101916,29472.633.98$38,919
Aug 201007,82373.684.42$34,573
Jul 201007,47972.554.74$35,424
Jun 201007,58270.364.91$37,231
May 201007,78771.124.24$32,980
Apr 201007,39581.694.12$30,487
Mar 201007,85178.394.39$34,455
Feb 201006,85373.585.44$37,296
Jan 201008,12474.365.96$48,452
Dec 200907,50071.445.48$41,128
Nov 20091887,45074.593.75$41,972
Oct 200908,60672.544.11$35,373
Sep 200908,37965.543.06$25,680
Aug 200908,83767.423.22$28,442
Jul 200908,96961.133.46$31,073
Jun 20091858,58966.163.90$45,694
May 200908,88154.743.93$34,865
Apr 20091838,71746.773.59$39,831
Mar 200909,26142.144.06$37,590
Feb 200907,00832.814.63$32,468
Jan 200909,31435.865.37$50,025
Dec 20082009,49237.105.98$64,155
Nov 200809,30155.496.86$63,808
Oct 200809,46975.246.92$65,544
Sep 200809,390101.767.88$73,966
Aug 20081979,881114.228.48$106,322
Jul 2008010,194131.0811.39$116,104
Jun 200809,716131.3313.03$126,625
May 2008010,036123.1711.57$116,160
Apr 20081719,640110.3110.45$119,648
Mar 2008010,344101.909.66$99,965
Feb 20082029,88592.538.77$105,388
Jan 2008010,96090.388.21$89,935
Dec 2007011,61288.337.30$84,790
Nov 200718711,71891.677.29$102,586
Oct 200719811,83282.856.92$98,305
Sep 2007011,52775.846.24$71,976
Aug 200706,85769.066.39$43,802
Jul 2007014,28770.906.39$91,265
Jun 200717011,96362.007.55$100,842
May 2007014,18258.747.85$111,276
Apr 200720212,46159.617.81$109,302
Mar 200719315,19756.927.30$121,954
Feb 2007014,78755.108.22$121,490
Jan 200720315,06550.306.73$111,551
Dec 2006017,81556.656.92$123,252
Nov 200619618,30554.207.62$150,061
Oct 200618921,02254.906.01$136,798
Sep 2006022,74660.085.04$114,576
Aug 200639524,74368.717.34$208,752
Jul 200619824,57569.376.34$169,609
Jun 2006014,59466.286.38$93,166

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                2,481 Mcf  × $  3.05 =     $7,557

────────────────────────────────────────────────────
Month total                                   $7,557

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/219430 is the state's own key, not one this site invented.