SCHULTZ FAMILY

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 271506District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.9 M
Oct 2012 – May 2026
Value, last 12 filed months
$211 k
at the published price for each month
Months reported
164
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 Gas112014-04-10212843
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
CondensateDisposition39,095 bbl$3,091,735
GasProduction1,371,176 Mcf$4,846,628
Total$7,938,363

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 36.3015, -100.1597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.30153, -100.15968 · 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
7,690 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 7,690 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-295338162H7,690 ftOct 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 (164)

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

164 months

May 20261833,826106.413.05$31,126
Apr 202603,85398.932.87$11,057
Mar 20261663,46289.753.15$25,802
Feb 202603,01263.503.75$11,296
Jan 202602,41259.138.00$19,291
Dec 20251633,24256.664.41$23,544
Nov 202503,20958.593.93$12,600
Oct 202503,38959.383.30$11,200
Sep 20251793,35362.743.08$21,547
Aug 202503,46763.933.01$10,452
Jul 20251723,42266.743.32$22,824
Jun 202503,36266.483.13$10,519
May 202503,51460.553.23$11,358
Apr 20251813,42162.363.54$23,408
Mar 202503,48467.704.27$14,871
Feb 20251673,17570.884.34$25,619
Jan 202503,53274.324.28$15,112
Dec 20241823,57568.993.12$23,715
Nov 202403,49569.052.20$7,684
Oct 20241693,67471.372.28$20,443
Sep 202403,65069.612.36$8,630
Aug 20241773,90475.632.06$21,443
Jul 202403,73679.932.15$8,020
Jun 20241733,81978.082.63$23,567
May 202403,97478.812.20$8,737
Apr 20241543,87184.451.66$19,428
Mar 202404,01480.301.55$6,202
Feb 20241793,67276.091.78$20,170
Jan 202403,35273.023.30$11,054
Dec 20231763,98071.262.61$22,932
Nov 202303,98377.892.81$11,183
Oct 20231814,36485.443.09$28,938
Sep 202304,50789.042.74$12,327
Aug 20231794,47280.522.67$26,366
Jul 20231844,54274.852.64$25,771
Jun 202304,40368.962.26$9,944
May 20231864,49070.622.23$23,136
Apr 20231814,38178.122.24$23,943
Mar 20231824,74472.852.39$24,612
Feb 20231863,93275.112.47$23,666
Jan 202304,92876.533.39$16,695
Dec 20221813,80076.415.73$35,601
Nov 20221794,04985.005.65$38,076
Oct 202202,66187.185.86$15,603
Sep 20221712,97784.888.16$38,818
Aug 202202,91594.529.13$26,606
Jul 202201,619101.587.54$12,211
Jun 20221764,049115.097.98$52,556
May 202204,324109.378.43$36,464
Apr 20221753,884104.226.84$44,796
Mar 202203,409108.885.08$17,305
Feb 20221782,31991.054.86$27,475
Jan 202201,66081.844.54$7,533
Dec 20211823,81171.323.90$27,840
Nov 202104,05977.435.24$21,256
Oct 20211734,36179.795.71$38,722
Sep 20211764,65869.865.35$37,220
Aug 202106,22666.024.22$26,277
Jul 202102,97370.783.98$11,839
Jun 202103,14469.493.38$10,629
May 2021056963.483.02$1,717
Apr 2021026260.362.76$723
Mar 20211802,42161.302.72$17,612
Feb 202102,11957.805.55$11,756
Jan 202104,41650.412.81$12,410
Dec 202002,17744.642.68$5,824
Nov 202005,27338.772.71$14,272
Oct 2020010236.972.48$253
Sep 202004,28437.091.99$8,530
Aug 20201793,10739.982.39$14,567
Jul 20201836,22438.371.83$18,381
Jun 202006,88034.901.69$11,629
May 202005,54616.921.81$10,065
Apr 202008714.751.80$157
Mar 202001,27430.341.86$2,365
Feb 202003,45849.881.98$6,849
Jan 202003,37057.252.09$7,059
Dec 20191864,42559.012.30$21,173
Nov 201905,09655.302.75$14,018
Oct 20191695,57353.472.42$22,515
Sep 201905,66255.052.66$15,046
Aug 20191865,76653.112.30$23,165
Jul 201906,19456.272.46$15,238
Jun 20191756,26652.782.49$24,846
May 201904,38058.482.74$12,003
Apr 20191705,78062.632.75$26,546
Mar 20191775,93356.803.06$28,221
Feb 201905,36650.852.79$14,983
Jan 20193536,15046.033.23$36,102
Dec 201806,47846.594.19$27,113
Nov 201805,36852.934.24$22,746
Oct 201805,27661.443.40$17,928
Sep 20183526,08759.543.11$39,876
Aug 201805,18259.403.07$15,891
Jul 20181866,10765.142.93$30,021
Jun 20181796,17960.183.08$29,785
May 201807,07465.382.90$20,520
Apr 20181793,81563.842.90$22,494
Mar 20181876,97861.222.79$30,895
Feb 20181786,44761.782.77$28,830
Jan 20181736,75762.874.01$37,967
Dec 201707,96057.272.92$23,255
Nov 20173518,07755.423.12$44,639
Oct 20171738,33049.292.98$33,381
Sep 20173708,21047.523.09$42,929
Aug 20173518,80345.373.00$42,373
Jul 20173498,88443.873.09$42,738
Jun 20171825,71642.493.09$25,380
May 201705,88545.373.26$19,205
Apr 201705,77447.933.21$18,544
Mar 20171876,22046.772.98$27,304
Feb 201705,55550.452.95$16,402
Jan 201705,42149.413.42$18,533
Dec 20161755,23748.763.72$28,029
Nov 20161855,81842.492.64$23,245
Oct 20161835,46546.193.09$25,341
Sep 201605,99341.553.10$18,582
Aug 20163596,30041.442.92$33,300
Jul 20161786,59441.622.92$26,691
Jun 201606,27845.352.69$16,862
May 201603,71942.521.99$7,405
Apr 20161853,64836.561.99$14,027
Mar 201604,52833.011.79$8,123
Feb 201605,25226.472.06$10,838
Jan 20161796,91127.352.36$21,236
Dec 20151709,16532.362.00$23,844
Nov 201518610,16038.792.17$29,235
Oct 201517911,18343.552.43$34,932
Sep 20151849,36442.992.76$33,740
Aug 201518711,21440.162.87$39,722
Jul 201518212,30248.152.95$44,994
Jun 201552313,45856.152.88$68,164
May 201517713,90155.212.96$50,856
Apr 201536712,97549.822.71$53,402
Mar 201518012,93642.892.93$45,684
Feb 201537112,97244.662.98$55,176
Jan 201518912,32143.433.10$46,411
Dec 201456013,59754.693.59$79,458
Nov 201436413,29470.464.25$82,171
Oct 201417913,68778.303.90$67,408
Sep 201442913,54786.164.05$91,766
Aug 201435514,58989.394.04$90,602
Jul 201455115,10496.564.18$116,333
Jun 201418316,00798.164.74$93,787
May 201454518,10494.734.73$137,197
Apr 201454417,24195.944.81$135,105
Mar 201438115,33095.895.06$114,055
Feb 201437315,74897.406.19$133,842
Jan 201456119,83390.404.86$147,117
Dec 201355320,17291.824.35$138,615
Nov 201356521,08588.853.74$129,022
Oct 201374922,63297.423.78$158,502
Sep 201355823,676104.113.72$146,115
Aug 201391526,131104.253.52$187,438
Jul 201393428,528102.523.72$201,813
Jun 20131,11231,01494.403.93$226,964
May 20131,11030,54594.834.15$231,995
Apr 20131,11131,46593.964.28$239,141
Mar 20131,68036,36993.623.91$299,589
Feb 201392330,46091.233.42$188,376
Jan 20131,68945,03191.603.42$308,714
Dec 20122,04852,75286.773.42$358,125
Nov 20123,67965,44186.953.62$557,110
Oct 20121,45915,86289.383.40$184,331

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           183 bbl  × $106.41 =    $19,473
Gas                3,826 Mcf  × $  3.05 =    $11,653

────────────────────────────────────────────────────
Month total                                  $31,126

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/271506 is the state's own key, not one this site invented.