SCHULTZ

Name: SCHULTZ lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) in the LIPSCOMB (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 51334District 10Field 53869450CondensateGasSave Export

Value, all time

$798 k

Jan 1993 – Aug 2009

Value, last 12 filed months

at the published price for each month

Months reported

200

no gaps in the span

Streams

condensate, gas

The LIPSCOMB (MORROW) field

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 30 leases and 30 wells, and the rule below applies to all of them.

Discovered

1957-01-01

as the register files it

Field class

Gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 2008-09-23.

The Commission's schedule remark for this field reads: “FORMULA STATUS. ALLOCATION FORMULA WILL REMAIN SUSPENDED”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,807 bbl	$64,721
Gas	Production	256,127 Mcf	$732,828
Total			$797,549

54,851 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 36.2638, -100.1636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.26380, -100.16356 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

10,230 ft

1 wells filed one

Completion to plug

37.4 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 10,230 ft.

Completions filed

Oct 1971

1 of 1 wells

Plug dates filed

Mar 2009

1 of 1 wells

Last completion to plug: a median of 37.4 years across the 1 well that filed both dates, with the middle half between 37.4 years and 37.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29530055	1	10,230 ft	Oct 1971	Mar 2009	Yes

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 (200)

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

200 months


Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	3	0	131.08	11.39	$393
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	87	19	82.85	6.92	$7,339
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	24	68.71	7.34	$176
Jul 2006	0	72	69.37	6.34	$457
Jun 2006	0	86	66.28	6.38	$549
May 2006	0	61	66.01	6.42	$392
Apr 2006	0	91	64.39	7.36	$670
Mar 2006	0	94	56.70	7.08	$666
Feb 2006	0	78	57.59	7.75	$605
Jan 2006	0	73	60.59	8.93	$652
Dec 2005	0	94	54.94	13.42	$1,261
Nov 2005	0	58	54.69	10.59	$614
Oct 2005	0	58	58.34	13.80	$800
Sep 2005	0	387	61.45	12.08	$4,675
Aug 2005	0	117	61.51	9.80	$1,146
Jul 2005	0	20	55.69	7.84	$157
Jun 2005	0	23	52.33	7.38	$170
May 2005	0	26	45.22	6.65	$173
Apr 2005	0	23	49.20	7.36	$169
Mar 2005	0	18	50.37	7.15	$129
Feb 2005	0	38	45.22	6.31	$240
Jan 2005	0	132	43.16	6.32	$835
Dec 2004	0	23	39.86	6.75	$155
Nov 2004	0	1	45.28	6.33	$6
Oct 2004	0	86	49.70	6.52	$560
Sep 2004	0	123	43.24	5.28	$650
Aug 2004	0	547	42.37	5.55	$3,036
Jul 2004	0	1,052	38.28	6.08	$6,401
Jun 2004	0	1,165	36.10	6.43	$7,494
May 2004	0	1,147	37.48	6.49	$7,449
Apr 2004	0	1,494	34.47	5.86	$8,753
Mar 2004	0	1,494	34.36	5.53	$8,262
Feb 2004	0	912	32.45	5.51	$5,025
Jan 2004	0	603	32.03	6.30	$3,799
Dec 2003	162	1,373	30.26	6.30	$13,554
Nov 2003	0	1,936	28.80	4.60	$8,896
Oct 2003	0	2,600	28.17	4.76	$12,375
Sep 2003	0	1,337	26.31	4.75	$6,350
Aug 2003	0	2,408	29.76	5.13	$12,352
Jul 2003	0	2,313	29.41	5.17	$11,960
Jun 2003	0	1,974	28.56	5.98	$11,810
May 2003	179	2,383	26.59	5.97	$18,993
Apr 2003	0	2,538	26.67	5.41	$13,724
Mar 2003	0	2,523	31.14	6.10	$15,380
Feb 2003	0	2,317	33.48	7.93	$18,364
Jan 2003	0	2,839	30.31	5.58	$15,847
Dec 2002	0	2,686	26.91	4.85	$13,037
Nov 2002	184	2,690	24.66	4.14	$15,666
Oct 2002	0	2,387	26.46	4.23	$10,095
Sep 2002	0	2,319	27.44	3.64	$8,430
Aug 2002	0	2,437	25.96	3.16	$7,711
Jul 2002	0	2,204	24.58	3.06	$6,748
Jun 2002	0	1,144	23.73	3.34	$3,819
May 2002	0	662	24.66	3.58	$2,373
Apr 2002	0	514	23.65	3.51	$1,805
Mar 2002	0	338	22.00	3.10	$1,049
Feb 2002	0	116	18.22	2.38	$276
Jan 2002	0	1,106	17.17	2.38	$2,628
Dec 2001	0	2,068	16.93	2.36	$4,890
Nov 2001	0	2,103	18.07	2.41	$5,059
Oct 2001	0	1,912	19.78	2.53	$4,835
Sep 2001	0	1,976	24.26	2.25	$4,449
Aug 2001	163	2,059	24.87	3.05	$10,340
Jul 2001	0	2,000	23.93	3.20	$6,394
Jun 2001	0	2,066	24.56	3.82	$7,901
May 2001	0	2,134	25.52	4.31	$9,192
Apr 2001	0	2,170	24.68	5.34	$11,578
Mar 2001	0	2,166	24.54	5.38	$11,645
Feb 2001	0	2,115	27.75	5.77	$12,197
Jan 2001	189	2,329	27.47	8.40	$24,753
Dec 2000	0	2,103	26.88	9.12	$19,185
Nov 2000	0	2,124	32.21	5.66	$12,018
Oct 2000	0	2,050	31.23	5.15	$10,548
Sep 2000	0	2,301	31.87	5.19	$11,934
Aug 2000	0	2,036	29.64	4.54	$9,245
Jul 2000	0	1,813	28.53	4.09	$7,415
Jun 2000	0	3,127	29.30	4.40	$13,750
May 2000	0	2,724	27.26	3.68	$10,024
Apr 2000	0	2,032	24.51	3.12	$6,332
Mar 2000	162	2,279	28.42	2.86	$11,121
Feb 2000	0	2,096	27.62	2.73	$5,715
Jan 2000	0	1,560	25.27	2.48	$3,870
Dec 1999	0	2,030	24.28	2.42	$4,920
Nov 1999	0	2,020	23.19	2.43	$4,917
Oct 1999	0	2,151	20.98	2.80	$6,031
Sep 1999	0	2,648	21.75	2.62	$6,935
Aug 1999	17	1,669	19.26	2.88	$5,127
Jul 1999	0	50	17.89	2.37	$119
Jun 1999	0	7	15.94	2.36	$17
May 1999	0	36	15.79	2.32	$84
Apr 1999	0	4	15.10	2.21	$9
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	4	9.98	1.82	$7
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	189	1,506	10.89	2.19	$5,350
Oct 1998	0	3,266	12.42	1.97	$6,431
Sep 1998	0	4,759	12.59	2.08	$9,911
Aug 1998	0	3,681	11.30	1.91	$7,021
Jul 1998	185	3,992	11.74	2.24	$11,103
Jun 1998	0	4,262	11.24	2.24	$9,535
May 1998	0	2,693	12.62	2.21	$5,942
Apr 1998	0	2,348	13.04	2.51	$5,883
Mar 1998	0	3,141	12.80	2.31	$7,254
Feb 1998	184	3,533	13.95	2.30	$10,690
Jan 1998	0	3,448	14.70	2.15	$7,430
Dec 1997	0	3,675	16.32	2.41	$8,861
Nov 1997	0	3,679	18.19	3.09	$11,362
Oct 1997	0	3,744	19.25	3.15	$11,793
Sep 1997	183	3,866	17.74	2.95	$14,670
Aug 1997	0	3,909	17.86	2.55	$9,986
Jul 1997	0	3,490	17.58	2.25	$7,842
Jun 1997	0	3,879	17.24	2.26	$8,756
May 1997	197	4,519	18.97	2.31	$14,169
Apr 1997	0	4,108	17.88	2.08	$8,556
Mar 1997	0	4,720	18.95	1.94	$9,153
Feb 1997	0	4,546	20.49	2.21	$10,028
Jan 1997	0	3,167	23.48	3.54	$11,210
Dec 1996	165	2,473	23.32	—	$3,848
Nov 1996	0	2,993	21.97	—	$0
Oct 1996	190	5,398	23.31	—	$4,429
Sep 1996	0	5,977	22.22	—	$0
Aug 1996	0	6,352	20.26	—	$0
Jul 1996	0	4,837	19.55	—	$0
Jun 1996	190	945	18.73	—	$3,559
May 1996	0	947	19.43	—	$0
Apr 1996	0	1,864	21.51	—	$0
Mar 1996	0	3,090	19.38	—	$0
Feb 1996	0	1,647	16.98	—	$0
Jan 1996	0	874	17.07	—	$0
Dec 1995	0	145	17.19	—	$0
Nov 1995	0	290	16.00	—	$0
Oct 1995	0	120	15.43	—	$0
Sep 1995	0	382	16.18	—	$0
Aug 1995	0	413	15.92	—	$0
Jul 1995	0	642	15.24	—	$0
Jun 1995	0	673	16.41	—	$0
May 1995	0	1,079	17.56	—	$0
Apr 1995	0	545	17.73	—	$0
Mar 1995	0	603	16.44	—	$0
Feb 1995	0	491	16.58	—	$0
Jan 1995	38	665	15.92	—	$605
Dec 1994	0	695	15.03	—	$0
Nov 1994	0	512	15.90	—	$0
Oct 1994	0	511	15.58	—	$0
Sep 1994	0	491	15.29	—	$0
Aug 1994	0	485	16.13	—	$0
Jul 1994	0	374	17.56	—	$0
Jun 1994	0	627	17.09	—	$0
May 1994	0	792	15.88	—	$0
Apr 1994	0	895	14.14	—	$0
Mar 1994	0	577	12.46	—	$0
Feb 1994	0	776	12.50	—	$0
Jan 1994	0	664	12.66	—	$0
Dec 1993	0	721	12.33	—	$0
Nov 1993	0	569	14.49	—	$0
Oct 1993	0	727	15.85	—	$0
Sep 1993	0	737	15.03	—	$0
Aug 1993	0	59	15.66	—	$0
Jul 1993	0	54	15.46	—	$0
Jun 1993	0	40	16.79	—	$0
May 1993	0	60	17.68	—	$0
Apr 1993	0	161	18.05	—	$0
Mar 1993	70	258	18.14	—	$1,270
Feb 1993	70	223	17.90	—	$1,253
Jan 1993	0	398	16.93	—	$0

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.

Jul 2008 — as filed, then multipliedworked

Condensate             3 bbl  × $131.08 =       $393
Gas                    0 Mcf  × $ 11.39 =         $0

────────────────────────────────────────────────────
Month total                                     $393

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/51334 is the state's own key, not one this site invented.