SCHULTZ "716"

Operated by MEWBOURNE OIL COMPANY (P-5 562560) 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 249900District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Apr 2009 – May 2026
Value, last 12 filed months
$127 k
at the published price for each month
Months reported
206
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 Gas112009-09-29194892
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
CondensateDisposition105,775 bbl$7,643,005
GasProduction900,905 Mcf$3,308,645
Total$10,951,650

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 36.2865, -100.2060. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.28646, -100.20599 · 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
7,753 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 7,753 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-295334846H7,753 ftApr 2009

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 (206)

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

206 months

May 202601,650106.413.05$5,026
Apr 202601,62498.932.87$4,660
Mar 20263531,52689.753.15$36,488
Feb 202601,52563.503.75$5,719
Jan 202601,74359.138.00$13,940
Dec 202501,49556.664.41$6,598
Nov 202501,50958.593.93$5,925
Oct 20251791,61359.383.30$15,960
Sep 202501,60562.743.08$4,938
Aug 202501,68663.933.01$5,083
Jul 20251721,69066.743.32$17,082
Jun 202501,67266.483.13$5,231
May 20251721,75560.553.23$16,087
Apr 202501,75162.363.54$6,204
Mar 20253581,92367.704.27$32,445
Feb 202501,88770.884.34$8,191
Jan 202501,97874.324.28$8,463
Dec 202401,86668.993.12$5,824
Nov 202401,85269.052.20$4,072
Oct 202401,51471.372.28$3,454
Sep 20241891,44269.612.36$16,566
Aug 202401,85975.632.06$3,836
Jul 202401,87679.932.15$4,027
Jun 20241871,81878.082.63$19,390
May 202401,91378.812.20$4,206
Apr 20241712,07484.451.66$17,882
Mar 20241802,13680.301.55$17,754
Feb 202402,03376.091.78$3,626
Jan 20241832,50373.023.30$21,617
Dec 202302,25571.262.61$5,887
Nov 20233512,10077.892.81$33,235
Oct 202301,84885.443.09$5,705
Sep 202302,11989.042.74$5,796
Aug 20231761,97780.522.67$19,456
Jul 20231761,93474.852.64$18,283
Jun 202302,11068.962.26$4,765
May 20231782,47470.622.23$18,081
Apr 202302,59878.122.24$5,814
Mar 20231882,62272.852.39$19,971
Feb 20233632,26975.112.47$32,860
Jan 202301,97976.533.39$6,704
Dec 20221802,31276.415.73$26,999
Nov 2022062985.005.65$3,551
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202201594.529.13$137
Jul 202200101.587.54$0
Jun 2022176564115.097.98$24,755
May 20221782,162109.378.43$37,700
Apr 20223602,352104.226.84$53,601
Mar 20221811,080108.885.08$25,190
Feb 202202891.054.86$136
Jan 202203181.844.54$141
Dec 202104371.323.90$168
Nov 202101877.435.24$94
Oct 202102479.795.71$137
Sep 20210369.865.35$16
Aug 2021356566.024.22$23,524
Jul 20210570.783.98$20
Jun 202106169.493.38$206
May 20210363.483.02$9
Apr 2021170260.362.76$10,267
Mar 2021024661.302.72$668
Feb 2021038357.805.55$2,125
Jan 202136230550.412.81$19,106
Dec 2020025044.642.68$669
Nov 202019043338.772.71$8,538
Oct 20200236.972.48$5
Sep 2020015237.091.99$303
Aug 2020088839.982.39$2,118
Jul 20200138.371.83$2
Jun 2020040634.901.69$686
May 202001,05116.921.81$1,907
Apr 202048499114.751.80$8,927
Mar 20201671,40430.341.86$7,673
Feb 20201691,27249.881.98$10,949
Jan 202001,48357.252.09$3,107
Dec 20191841,47359.012.30$14,252
Nov 20191751,32555.302.75$13,322
Oct 201901,28453.472.42$3,105
Sep 20193681,10855.052.66$23,203
Aug 20191871,07753.112.30$12,413
Jul 20191881,40356.272.46$14,030
Jun 20191771,19752.782.49$12,324
May 20191891,58358.482.74$15,391
Apr 20193531,69962.632.75$26,782
Mar 20191901,60156.803.06$15,694
Feb 20195431,62650.852.79$32,152
Jan 20195291,53946.033.23$29,318
Dec 201801,25946.594.19$5,269
Nov 201818995052.934.24$14,029
Oct 201801,61461.443.40$5,485
Sep 20183632,45659.543.11$29,246
Aug 20181762,33759.403.07$17,621
Jul 20181732,36865.142.93$18,212
Jun 20183572,59660.183.08$29,472
May 20185473,00965.382.90$44,491
Apr 20183552,36363.842.90$29,518
Mar 201803,61561.222.79$10,074
Feb 20181792,34361.782.77$17,540
Jan 20183644,47562.874.01$40,826
Dec 201704,00157.272.92$11,689
Nov 20174893,96855.423.12$39,474
Oct 20173613,86849.292.98$29,335
Sep 20175173,91747.523.09$36,661
Aug 20175134,26645.373.00$36,092
Jul 201701,31443.873.09$4,057
Jun 2017010842.493.09$333
May 201702045.373.26$65
Apr 20170047.933.21$0
Mar 20170246.772.98$6
Feb 201701,89050.452.95$5,580
Jan 20171822,84349.413.42$18,712
Dec 20161853,16148.763.72$20,788
Nov 20161803,60542.492.64$17,181
Oct 20161842,62146.193.09$16,599
Sep 20161833,65441.553.10$18,933
Aug 20161753,91841.442.92$18,710
Jul 20161752,39541.622.92$14,287
Jun 20161753,50045.352.69$17,337
May 20161753,61242.521.99$14,633
Apr 20161763,33536.561.99$13,075
Mar 20163643,27533.011.79$17,891
Feb 20161843,59426.472.06$12,287
Jan 20163563,74927.352.36$18,601
Dec 20153594,04232.362.00$19,707
Nov 20151843,49438.792.17$14,710
Oct 20151843,59143.552.43$16,727
Sep 20151764,00642.992.76$18,616
Aug 20151834,44040.162.87$20,103
Jul 20153694,49748.152.95$31,011
Jun 20153574,22756.152.88$32,231
May 201503,84255.212.96$11,355
Apr 20151864,60349.822.71$21,725
Mar 20153715,16642.892.93$31,073
Feb 20151825,00944.662.98$23,036
Jan 20155396,09643.433.10$42,310
Dec 20143745,93054.693.59$41,751
Nov 20141864,04570.464.25$30,304
Oct 20141864,17978.303.90$30,866
Sep 20147335,73286.164.05$86,344
Aug 20143605,95789.394.04$56,218
Jul 20141836,14096.564.18$43,333
Jun 20141835,78498.164.74$45,361
May 20145505,20894.734.73$76,717
Apr 20141845,33495.944.81$43,305
Mar 20145547,00795.895.06$88,556
Feb 20143705,95097.406.19$72,880
Jan 20145607,58690.404.86$87,497
Dec 20133667,73591.824.35$67,288
Nov 20135598,13988.853.74$80,093
Oct 20131,1167,28197.423.78$136,238
Sep 20133748,835104.113.72$71,783
Aug 201337110,696104.253.52$76,355
Jul 201392711,745102.523.72$138,701
Jun 20133724,58494.403.93$53,148
May 20137363,33694.834.15$83,636
Apr 2013095593.964.28$4,090
Mar 20137495,14693.623.91$90,257
Feb 20133644,54391.233.42$48,744
Jan 20139265,45491.603.42$103,474
Dec 20129315,62186.773.42$100,008
Nov 20129145,57886.953.62$99,692
Oct 20121,4755,76589.383.40$151,435
Sep 20125474,03194.672.92$63,549
Aug 2012021492.662.91$622
Jul 201218881585.133.02$18,466
Jun 20129105,18679.822.52$85,700
May 20129095,28091.612.49$96,412
Apr 20129186,222101.652.00$105,739
Mar 20127342,788105.052.22$83,302
Feb 20121845,030101.102.57$31,531
Jan 20121,8355,76698.092.73$195,760
Dec 20113725,70196.873.24$54,505
Nov 20117315,79295.723.31$89,150
Oct 20119115,20884.983.65$96,418
Sep 20111,4445,31883.623.99$141,944
Aug 20113506,41183.404.15$55,791
Jul 20111,2806,77194.144.52$151,085
Jun 20119345,06792.904.64$110,279
May 20119266,39198.134.40$119,020
Apr 20111,1025,804105.964.33$141,918
Mar 20117455,14296.364.06$92,651
Feb 20115663,93485.644.18$64,916
Jan 20111,4928,07786.504.59$166,122
Dec 20109128,28985.734.35$114,224
Nov 20101,4988,69280.843.80$154,087
Oct 20101,3119,34178.103.51$135,166
Sep 20101,6818,87272.633.98$157,397
Aug 20101,6558,72173.684.42$160,482
Jul 20101,1188,72472.554.74$122,432
Jun 20102,0488,90770.364.91$187,834
May 20101,30510,01571.124.24$135,227
Apr 20101,6399,40681.694.12$172,668
Mar 20102,21211,22178.394.39$222,644
Feb 20101,6589,48273.585.44$173,600
Jan 20101,32813,13274.365.96$177,071
Dec 20092,45215,17071.445.48$258,359
Nov 20092,41316,36974.593.75$241,394
Oct 20092,25318,69872.544.11$240,286
Sep 20092,90621,08665.543.06$255,083
Aug 20093,12424,37367.423.22$289,065
Jul 20093,91430,45361.133.46$344,767
Jun 20095,67136,92566.163.90$519,016
May 20096,98850,72854.743.93$581,669
Apr 20096,00940,75246.773.59$427,239

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                1,650 Mcf  × $  3.05 =     $5,026

────────────────────────────────────────────────────
Month total                                   $5,026

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/249900 is the state's own key, not one this site invented.