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 269238District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Sep 2012 – May 2026
Value, last 12 filed months
$80 k
at the published price for each month
Months reported
165
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 Gas112013-11-20211706
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
CondensateDisposition44,308 bbl$3,522,090
GasProduction619,748 Mcf$2,183,184
Total$5,705,274

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 36.2855, -100.2108. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.28551, -100.21077 · 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
7,774 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 7,774 ft.

Completions filed
Sep 2012
1 of 1 wells

1 well

42-295337429H7,774 ftSep 2012

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 (165)

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

165 months

May 20261982,380106.413.05$28,318
Apr 202601,33498.932.87$3,828
Mar 202609389.753.15$293
Feb 2026045763.503.75$1,714
Jan 202618051359.138.00$14,746
Dec 2025054556.664.41$2,405
Nov 2025077758.593.93$3,051
Oct 2025094559.383.30$3,123
Sep 202501,22162.743.08$3,757
Aug 202501,10863.933.01$3,340
Jul 202518923566.743.32$13,393
Jun 2025073866.483.13$2,309
May 2025082260.553.23$2,657
Apr 2025091062.363.54$3,224
Mar 202518385667.704.27$16,043
Feb 202505370.884.34$230
Jan 202505774.324.28$244
Dec 2024077068.993.12$2,403
Nov 2024081369.052.20$1,787
Oct 2024094971.372.28$2,165
Sep 20243491,82569.612.36$28,609
Aug 202401,16075.632.06$2,394
Jul 202401,60879.932.15$3,452
Jun 202401,02778.082.63$2,705
May 2024099878.812.20$2,194
Apr 2024096184.451.66$1,594
Mar 202401,01380.301.55$1,565
Feb 2024077576.091.78$1,382
Jan 20241811,09973.023.30$16,841
Dec 2023099771.262.61$2,603
Nov 2023079477.892.81$2,229
Oct 202301,18485.443.09$3,655
Sep 20231821,17789.042.74$19,424
Aug 202301,51480.522.67$4,047
Jul 2023090174.852.64$2,380
Jun 2023090468.962.26$2,042
May 20231841,17970.622.23$15,620
Apr 202301,03078.122.24$2,305
Mar 2023056072.852.39$1,340
Feb 2023042575.112.47$1,048
Jan 202318189576.533.39$16,884
Dec 2022087076.415.73$4,984
Nov 202201,09285.005.65$6,166
Oct 20221731,44087.185.86$23,526
Sep 202201,64384.888.16$13,413
Aug 202201,41594.529.13$12,915
Jul 202201,419101.587.54$10,702
Jun 20221781,114115.097.98$29,373
May 202201,052109.378.43$8,872
Apr 20221831,209104.226.84$27,339
Mar 20220582108.885.08$2,954
Feb 202201,28491.054.86$6,239
Jan 20221811,15781.844.54$20,063
Dec 202101,40371.323.90$5,470
Nov 20211811,55977.435.24$22,179
Oct 2021065079.795.71$3,714
Sep 2021021869.865.35$1,167
Aug 20211821,64466.024.22$18,954
Jul 202101,46170.783.98$5,818
Jun 20211791,09969.493.38$16,154
May 202101,50363.483.02$4,536
Apr 202101,53960.362.76$4,245
Mar 20211811,41061.302.72$14,926
Feb 20211821,75157.805.55$20,234
Jan 20211794,26150.412.81$20,998
Dec 20201834,67344.642.68$20,672
Nov 20203614,72338.772.71$26,779
Oct 202004,54636.972.48$11,267
Sep 202003,81637.091.99$7,598
Aug 202002,44439.982.39$5,829
Jul 202002,05238.371.83$3,745
Jun 202001,48134.901.69$2,503
May 202001,46816.921.81$2,664
Apr 20201781,57314.751.80$5,464
Mar 202001,10630.341.86$2,053
Feb 20201921,39149.881.98$12,332
Jan 202001,25257.252.09$2,623
Dec 201901,33259.012.30$3,069
Nov 20191861,14255.302.75$13,427
Oct 201901,56653.472.42$3,787
Sep 20193751,76455.052.66$25,331
Aug 201902,00453.112.30$4,618
Jul 20191872,16656.272.46$15,851
Jun 20191884,42652.782.49$20,949
May 2019089258.482.74$2,444
Apr 20191702,62762.632.75$17,873
Mar 201901,56256.803.06$4,783
Feb 20191951,47550.852.79$14,034
Jan 201901,42346.033.23$4,594
Dec 20181911,73446.594.19$16,156
Nov 201801,67852.934.24$7,110
Oct 20181911,91061.443.40$18,225
Sep 20181931,64859.543.11$16,613
Aug 2018068259.403.07$2,091
Jul 201817957565.142.93$13,346
Jun 201802,06460.183.08$6,351
May 20181841,71765.382.90$17,011
Apr 201801,66163.842.90$4,818
Mar 20181882,15161.222.79$17,504
Feb 20181972,02261.782.77$17,764
Jan 20181893,71962.874.01$26,793
Dec 201702,20157.272.92$6,430
Nov 20171972,39555.423.12$18,386
Oct 20171952,46949.292.98$16,978
Sep 20171923,12147.523.09$18,759
Aug 20171943,29845.373.00$18,710
Jul 201701,04543.873.09$3,226
Jun 20171893,12742.493.09$17,685
May 20171903,40845.373.26$19,742
Apr 201702,16147.933.21$6,940
Mar 20171912,53946.772.98$16,509
Feb 201702,38750.452.95$7,048
Jan 20171973,21549.413.42$20,725
Dec 20161982,00348.763.72$17,111
Nov 20161982,83342.492.64$15,904
Oct 201602,86046.193.09$8,838
Sep 20163893,06941.553.10$25,679
Aug 201603,18141.442.92$9,302
Jul 20161842,35841.622.92$14,554
Jun 20161912,74645.352.69$16,037
May 20161893,78242.521.99$15,566
Apr 20161913,17536.561.99$13,305
Mar 20163773,16833.011.79$18,128
Feb 20161953,44826.472.06$12,277
Jan 20165854,45827.352.36$26,540
Dec 20151956,05432.362.00$18,427
Nov 20151965,86338.792.17$20,310
Oct 20151942,57543.552.43$14,697
Sep 20151951,96342.992.76$13,798
Aug 20151923,39440.162.87$17,460
Jul 20151933,66248.152.95$20,078
Jun 20155403,80056.152.88$41,276
May 201504,83355.212.96$14,284
Apr 20155824,97949.822.71$42,471
Mar 201504,32242.892.93$12,684
Feb 20153927,15344.662.98$38,795
Jan 20151977,46543.433.10$31,702
Dec 20141954,71554.693.59$27,598
Nov 20145545,70070.464.25$63,270
Oct 20143876,29078.303.90$54,839
Sep 20143866,85886.164.05$61,001
Aug 20143856,75589.394.04$61,672
Jul 20143817,01996.564.18$66,126
Jun 20143877,78698.164.74$74,869
May 20143857,78794.734.73$73,277
Apr 20143868,29295.944.81$76,910
Mar 20145879,37495.895.06$103,690
Feb 20145878,87497.406.19$112,122
Jan 20143718,16390.404.86$73,216
Dec 20133939,02191.824.35$75,367
Nov 201378110,68388.853.74$109,328
Oct 201376212,30597.423.78$120,739
Sep 201376912,537104.113.72$126,670
Aug 201395815,766104.253.52$155,409
Jul 201357412,563102.523.72$105,552
Jun 201396215,90994.403.93$153,389
May 20131,28819,85894.834.15$204,533
Apr 20131,35113,10993.964.28$183,080
Mar 20131,94320,18493.623.91$260,881
Feb 20135876,25591.233.42$74,944
Jan 20131,5679,48591.603.42$175,975
Dec 20121,74913,83986.773.42$199,092
Nov 20122,69825,65186.953.62$327,575
Oct 20124,81641,79889.383.40$572,554
Sep 20123,64823,82094.672.92$414,872

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           198 bbl  × $106.41 =    $21,069
Gas                2,380 Mcf  × $  3.05 =     $7,249

────────────────────────────────────────────────────
Month total                                  $28,318

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/269238 is the state's own key, not one this site invented.