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 258051District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Mar 2010 – May 2026
Value, last 12 filed months
$130 k
at the published price for each month
Months reported
195
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 Gas112010-12-28200872
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
CondensateDisposition50,617 bbl$3,947,061
GasProduction783,213 Mcf$2,924,864
Total$6,871,925

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 36.2874, -100.2194. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.28740, -100.21938 · 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
7,775 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 7,775 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-295335407H7,775 ftMar 2010

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 (195)

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

195 months

May 20261951,558106.413.05$25,495
Apr 202601,07798.932.87$3,091
Mar 20263791,09089.753.15$37,448
Feb 202601,16263.503.75$4,358
Jan 202601,48659.138.00$11,885
Dec 202507756.664.41$340
Nov 202501,04758.593.93$4,111
Oct 20251861,22259.383.30$15,083
Sep 202501,20962.743.08$3,720
Aug 202501,17363.933.01$3,536
Jul 20251911,27566.743.32$16,974
Jun 202501,17266.483.13$3,667
May 202501,13760.553.23$3,675
Apr 20251831,15062.363.54$15,486
Mar 202501,19767.704.27$5,109
Feb 20251961,07470.884.34$18,555
Jan 202501,45774.324.28$6,234
Dec 202401,16868.993.12$3,646
Nov 202401,05769.052.20$2,324
Oct 20241831,24571.372.28$15,901
Sep 202401,35869.612.36$3,211
Aug 20241861,25975.632.06$16,665
Jul 202401,11479.932.15$2,391
Jun 20241811,08478.082.63$16,988
May 202401,24778.812.20$2,741
Apr 202401,32984.451.66$2,205
Mar 20241831,40380.301.55$16,863
Feb 20241831,57876.091.78$16,739
Jan 2024084673.023.30$2,790
Dec 202301,38871.262.61$3,624
Nov 20231821,56877.892.81$18,578
Oct 202301,59085.443.09$4,909
Sep 202301,54089.042.74$4,212
Aug 20233601,72180.522.67$33,587
Jul 202301,75274.852.64$4,628
Jun 202301,53368.962.26$3,462
May 202301,88670.622.23$4,201
Apr 20231741,84578.122.24$17,722
Mar 20231791,90272.852.39$17,592
Feb 2023086675.112.47$2,135
Jan 20231831,87976.533.39$20,371
Dec 202201,72576.415.73$9,883
Nov 202201,83385.005.65$10,349
Oct 20221791,78787.185.86$26,084
Sep 202201,74484.888.16$14,237
Aug 20221801,87994.529.13$34,164
Jul 202201,899101.587.54$14,322
Jun 20221811,769115.097.98$34,943
May 20221801,909109.378.43$35,785
Apr 20221811,891104.226.84$31,794
Mar 20223561,975108.885.08$48,787
Feb 202201,20591.054.86$5,855
Jan 20221811,68181.844.54$22,441
Dec 202102,08671.323.90$8,134
Nov 202101,89977.435.24$9,945
Oct 20211692,20779.795.71$26,095
Sep 20211802,13169.865.35$23,978
Aug 202102,25066.024.22$9,496
Jul 20211822,34170.783.98$22,204
Jun 20211812,25769.493.38$20,208
May 202102,44663.483.02$7,381
Apr 20211862,45760.362.76$18,004
Mar 20213643,10461.302.72$30,747
Feb 202104,31157.805.55$23,917
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202003037.091.99$60
Aug 20200539.982.39$12
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202001,63514.751.80$2,950
Mar 20203521,93530.341.86$14,271
Feb 202001,83649.881.98$3,637
Jan 20201862,06857.252.09$14,980
Dec 201902,21659.012.30$5,106
Nov 20191842,38855.302.75$16,744
Oct 20191751,31753.472.42$12,542
Sep 201902,37955.052.66$6,322
Aug 20191822,37553.112.30$15,139
Jul 201902,43856.272.46$5,998
Jun 20191812,61152.782.49$16,058
May 20191882,40858.482.74$17,593
Apr 20191862,21662.632.75$17,745
Mar 20191862,10456.803.06$17,007
Feb 201902,23250.852.79$6,232
Jan 201901,06346.033.23$3,432
Dec 201802,45046.594.19$10,254
Nov 20181882,90652.934.24$22,264
Oct 201801,97061.443.40$6,694
Sep 20181872,73259.543.11$19,625
Aug 20181842,65659.403.07$19,074
Jul 201802,71965.142.93$7,972
Jun 20181851,71960.183.08$16,423
May 201802,76065.382.90$8,006
Apr 20181952,49463.842.90$19,683
Mar 20183792,51961.222.79$30,222
Feb 201802,58461.782.77$7,148
Jan 201802,29562.874.01$9,201
Dec 20171933,40657.272.92$21,004
Nov 201701,13455.423.12$3,536
Oct 201701,66449.292.98$4,965
Sep 20171942,21747.523.09$16,063
Aug 201703,08845.373.00$9,278
Jul 20171873,35943.873.09$18,574
Jun 20171882,77942.493.09$16,568
May 20171922,77945.373.26$17,780
Apr 201701,86547.933.21$5,990
Mar 20171932,91646.772.98$17,727
Feb 201703,31850.452.95$9,797
Jan 20171933,84849.413.42$22,692
Dec 201603,79348.763.72$14,121
Nov 20161933,75542.492.64$18,130
Oct 201603,99146.193.09$12,333
Sep 20161924,09341.553.10$20,668
Aug 20161904,26541.442.92$20,346
Jul 20161903,88741.622.92$19,275
Jun 20161894,21645.352.69$19,895
May 20161884,47942.521.99$16,912
Apr 201604,06536.561.99$8,094
Mar 20165485,03733.011.79$27,126
Feb 20161833,71726.472.06$12,515
Jan 20161853,07327.352.36$12,325
Dec 20151922,96732.362.00$12,151
Nov 20151893,46338.792.17$14,837
Oct 201504,24243.552.43$10,294
Sep 201501,37442.992.76$3,790
Aug 20151874,03340.162.87$19,095
Jul 20151863,36948.152.95$18,878
Jun 20153764,12156.152.88$32,993
May 201503,46255.212.96$10,232
Apr 20151894,81049.822.71$22,435
Mar 20151892,24242.892.93$14,686
Feb 20151903,00244.662.98$17,420
Jan 201503,43543.433.10$10,651
Dec 20141904,29554.693.59$25,816
Nov 201404,17070.464.25$17,730
Oct 20141942,91978.303.90$26,577
Sep 20141944,88986.164.05$36,493
Aug 20141934,45389.394.04$35,221
Jul 201403,91896.564.18$16,376
Jun 201404,30198.164.74$20,373
May 201404,30294.734.73$20,334
Apr 201404,41195.944.81$21,213
Mar 20143954,20495.895.06$59,135
Feb 201402,97197.406.19$18,396
Jan 201404,20890.404.86$20,454
Dec 201304,62691.824.35$20,144
Nov 20131994,75288.853.74$35,445
Oct 20137785,33397.423.78$95,948
Sep 201304,284104.113.72$15,927
Aug 20133877,151104.253.52$65,535
Jul 20131936,597102.523.72$44,312
Jun 20133846,87594.403.93$63,292
May 20131957,85094.834.15$51,062
Apr 20137819,18993.964.28$112,735
Mar 201339010,51293.623.91$77,644
Feb 20131905,38291.233.42$35,740
Jan 201378910,99291.603.42$109,864
Dec 20125918,25186.773.42$79,501
Nov 201239012,85286.953.62$80,498
Oct 20125908,77889.383.40$82,577
Sep 20123861,52894.672.92$41,002
Aug 20125794,38092.662.91$66,388
Jul 20123844,21285.133.02$45,414
Jun 20125754,54679.822.52$57,348
May 20127695,10791.612.49$83,156
Apr 20127726,266101.652.00$90,986
Mar 20123884,689105.052.22$51,179
Feb 201201,593101.102.57$4,094
Jan 20127877,39898.092.73$97,424
Dec 20115877,71996.873.24$81,870
Nov 201107,42495.723.31$24,583
Oct 20117746,91084.983.65$90,986
Sep 20117735,47583.623.99$86,461
Aug 20113856,07383.404.15$57,308
Jul 20115746,98394.144.52$85,580
Jun 20117706,63392.904.64$102,309
May 20117697,56598.134.40$108,784
Apr 20115796,239105.964.33$88,386
Mar 20115876,33296.364.06$82,254
Feb 20119727,15785.644.18$113,158
Jan 20115797,72086.504.59$85,509
Dec 20107747,67085.734.35$99,702
Nov 201096910,37580.843.80$117,711
Oct 20101,16213,71278.103.51$138,866
Sep 201095213,87572.633.98$124,359
Aug 20101,33017,71973.684.42$176,301
Jul 20101,52620,33672.554.74$207,033
Jun 20102,29824,36270.364.91$281,314
May 20102,71232,54471.124.24$330,708
Apr 20103,08543,04781.694.12$429,483
Mar 20102,53928,32878.394.39$323,354

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           195 bbl  × $106.41 =    $20,750
Gas                1,558 Mcf  × $  3.05 =     $4,745

────────────────────────────────────────────────────
Month total                                  $25,495

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/258051 is the state's own key, not one this site invented.