SCHULTZ "716"

Name: SCHULTZ "716" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MEWBOURNE OIL COMPANY (P-5 562560) in the SKUNK CREEK (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5323District 10Field 83950250NGPA filingOilCasinghead gasSave Export

Value, all time

$719 k

Jan 1993 – Jul 2011

Value, last 12 filed months

$67 k

at the published price for each month

Months reported

223

no gaps in the span

Streams

oil, casinghead gas

The SKUNK CREEK (CLEVELAND) 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 7 leases and 10 wells, and the rule below applies to all of them.

Discovered

1982-11-01

as the register files it

Field class

Oil and 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 80 acres. The field rule took effect on 2009-02-01.

The Commission's schedule remark for this field reads: “FIELD WAS CONSOLIDATED INTO THE LIPSCOMB (CLEVELAND) 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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	6	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	13,162 bbl	$381,499
Casinghead gas	Production	182,726 Mcf	$337,767
Total			$719,266

100,282 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 (4)

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 36.2824, -100.2137. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

36.28110, -100.21259 · 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%

4 of 4 wells

With a plug date

75.0%

3 of 4 wells

Median depth

8,483 ft

4 wells filed one

Completion to plug

5.8 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

375.0%

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

375.0%

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

Between 8,375 and 10,280 ft, median 8,483 ft, over the 4 wells that filed a depth.

Completions filed

Oct 1982 – Sep 1995

4 of 4 wells

Plug dates filed

Jan 1988 – Aug 2014

3 of 4 wells; 1 filed none

Last completion to plug: a median of 5.8 years across the 3 wells that filed both dates, with the middle half between 5.5 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-29530963	1	10,280 ft	Sep 1995	—	Yes
42-29531192	4	8,465 ft	Jan 1988	Aug 2014	Yes
42-29531191	5	8,500 ft	Nov 1982	Jan 1988	Yes
42-29531173	3	8,375 ft	Oct 1982	Jul 1988	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 (223)

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

223 months


Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	365	517	105.96	4.33	$40,916
Mar 2011	0	307	96.36	4.06	$1,246
Feb 2011	0	330	85.64	4.18	$1,379
Jan 2011	0	423	86.50	4.59	$1,941
Dec 2010	0	424	85.73	4.35	$1,843
Nov 2010	189	280	80.84	3.80	$16,341
Oct 2010	0	287	78.10	3.51	$1,007
Sep 2010	0	276	72.63	3.98	$1,098
Aug 2010	0	263	73.68	4.42	$1,162
Jul 2010	0	265	72.55	4.74	$1,255
Jun 2010	181	246	70.36	4.91	$13,943
May 2010	0	313	71.12	4.24	$1,326
Apr 2010	0	338	81.69	4.12	$1,393
Mar 2010	178	315	78.39	4.39	$15,336
Feb 2010	0	299	73.58	5.44	$1,627
Jan 2010	0	304	74.36	5.96	$1,813
Dec 2009	181	309	71.44	5.48	$14,625
Nov 2009	0	302	74.59	3.75	$1,133
Oct 2009	179	287	72.54	4.11	$14,164
Sep 2009	0	196	65.54	3.06	$601
Aug 2009	0	218	67.42	3.22	$702
Jul 2009	0	222	61.13	3.46	$769
Jun 2009	0	238	66.16	3.90	$927
May 2009	0	231	54.74	3.93	$907
Apr 2009	0	175	46.77	3.59	$628
Mar 2009	0	240	42.14	4.06	$974
Feb 2009	0	241	32.81	4.63	$1,117
Jan 2009	0	193	35.86	5.37	$1,037
Dec 2008	0	218	37.10	5.98	$1,303
Nov 2008	186	216	55.49	6.86	$11,803
Oct 2008	0	363	75.24	6.92	$2,513
Sep 2008	0	359	101.76	7.88	$2,828
Aug 2008	0	385	114.22	8.48	$3,266
Jul 2008	0	260	131.08	11.39	$2,961
Jun 2008	0	251	131.33	13.03	$3,271
May 2008	0	283	123.17	11.57	$3,276
Apr 2008	0	250	110.31	10.45	$2,614
Mar 2008	0	216	101.90	9.66	$2,087
Feb 2008	0	250	92.53	8.77	$2,193
Jan 2008	0	286	90.38	8.21	$2,347
Dec 2007	0	275	88.33	7.30	$2,008
Nov 2007	0	233	91.67	7.29	$1,699
Oct 2007	0	297	82.85	6.92	$2,056
Sep 2007	0	292	75.84	6.24	$1,823
Aug 2007	0	318	69.06	6.39	$2,031
Jul 2007	0	302	70.90	6.39	$1,929
Jun 2007	0	286	62.00	7.55	$2,159
May 2007	0	275	58.74	7.85	$2,158
Apr 2007	0	335	59.61	7.81	$2,615
Mar 2007	0	310	56.92	7.30	$2,264
Feb 2007	0	310	55.10	8.22	$2,547
Jan 2007	0	406	50.30	6.73	$2,731
Dec 2006	0	364	56.65	6.92	$2,518
Nov 2006	0	353	54.20	7.62	$2,689
Oct 2006	0	256	54.90	6.01	$1,540
Sep 2006	0	286	60.08	5.04	$1,441
Aug 2006	0	281	68.71	7.34	$2,063
Jul 2006	376	152	69.37	6.34	$27,047
Jun 2006	0	259	66.28	6.38	$1,653
May 2006	0	320	66.01	6.42	$2,056
Apr 2006	0	142	64.39	7.36	$1,045
Mar 2006	0	201	56.70	7.08	$1,424
Feb 2006	0	184	57.59	7.75	$1,426
Jan 2006	0	148	60.59	8.93	$1,322
Dec 2005	0	117	54.94	13.42	$1,570
Nov 2005	0	431	54.69	10.59	$4,564
Oct 2005	191	305	58.34	13.80	$15,351
Sep 2005	0	375	61.45	12.08	$4,530
Aug 2005	0	215	61.51	9.80	$2,106
Jul 2005	0	165	55.69	7.84	$1,294
Jun 2005	0	188	52.33	7.38	$1,388
May 2005	0	101	45.22	6.65	$672
Apr 2005	0	57	49.20	7.36	$420
Mar 2005	160	131	50.37	7.15	$8,996
Feb 2005	0	44	45.22	6.31	$278
Jan 2005	0	231	43.16	6.32	$1,460
Dec 2004	182	258	39.86	6.75	$8,996
Nov 2004	0	386	45.28	6.33	$2,444
Oct 2004	183	526	49.70	6.52	$12,522
Sep 2004	0	203	43.24	5.28	$1,073
Aug 2004	0	353	42.37	5.55	$1,959
Jul 2004	0	505	38.28	6.08	$3,073
Jun 2004	0	284	36.10	6.43	$1,827
May 2004	184	377	37.48	6.49	$9,345
Apr 2004	0	434	34.47	5.86	$2,543
Mar 2004	0	376	34.36	5.53	$2,079
Feb 2004	0	148	32.45	5.51	$815
Jan 2004	182	321	32.03	6.30	$7,852
Dec 2003	0	434	30.26	6.30	$2,735
Nov 2003	0	675	28.80	4.60	$3,102
Oct 2003	181	578	28.17	4.76	$7,850
Sep 2003	0	523	26.31	4.75	$2,484
Aug 2003	0	388	29.76	5.13	$1,990
Jul 2003	0	524	29.41	5.17	$2,710
Jun 2003	177	523	28.56	5.98	$8,184
May 2003	0	582	26.59	5.97	$3,476
Apr 2003	0	330	26.67	5.41	$1,784
Mar 2003	0	356	31.14	6.10	$2,170
Feb 2003	0	428	33.48	7.93	$3,392
Jan 2003	186	353	30.31	5.58	$7,608
Dec 2002	0	471	26.91	4.85	$2,286
Nov 2002	0	508	24.66	4.14	$2,102
Oct 2002	182	606	26.46	4.23	$7,379
Sep 2002	0	696	27.44	3.64	$2,530
Aug 2002	0	616	25.96	3.16	$1,949
Jul 2002	180	554	24.58	3.06	$6,121
Jun 2002	0	489	23.73	3.34	$1,632
May 2002	0	493	24.66	3.58	$1,767
Apr 2002	0	479	23.65	3.51	$1,682
Mar 2002	202	398	22.00	3.10	$5,679
Feb 2002	0	315	18.22	2.38	$748
Jan 2002	0	520	17.17	2.38	$1,235
Dec 2001	0	436	16.93	2.36	$1,031
Nov 2001	189	641	18.07	2.41	$4,957
Oct 2001	0	547	19.78	2.53	$1,383
Sep 2001	0	490	24.26	2.25	$1,103
Aug 2001	0	395	24.87	3.05	$1,206
Jul 2001	158	382	23.93	3.20	$5,002
Jun 2001	0	98	24.56	3.82	$375
May 2001	0	100	25.52	4.31	$431
Apr 2001	0	118	24.68	5.34	$630
Mar 2001	183	108	24.54	5.38	$5,071
Feb 2001	190	70	27.75	5.77	$5,676
Jan 2001	0	294	27.47	8.40	$2,469
Dec 2000	0	108	26.88	9.12	$985
Nov 2000	0	385	32.21	5.66	$2,178
Oct 2000	0	539	31.23	5.15	$2,773
Sep 2000	0	612	31.87	5.19	$3,174
Aug 2000	0	545	29.64	4.54	$2,475
Jul 2000	187	827	28.53	4.09	$8,717
Jun 2000	0	776	29.30	4.40	$3,412
May 2000	187	986	27.26	3.68	$8,726
Apr 2000	0	1,131	24.51	3.12	$3,524
Mar 2000	0	736	28.42	2.86	$2,105
Feb 2000	0	677	27.62	2.73	$1,846
Jan 2000	0	559	25.27	2.48	$1,387
Dec 1999	0	756	24.28	2.42	$1,832
Nov 1999	179	860	23.19	2.43	$6,244
Oct 1999	0	892	20.98	2.80	$2,501
Sep 1999	0	889	21.75	2.62	$2,328
Aug 1999	178	629	19.26	2.88	$5,237
Jul 1999	181	1,967	17.89	2.37	$7,905
Jun 1999	0	1,008	15.94	2.36	$2,381
May 1999	181	1,301	15.79	2.32	$5,878
Apr 1999	0	806	15.10	2.21	$1,780
Mar 1999	0	832	12.47	1.84	$1,529
Feb 1999	0	559	9.98	1.82	$1,016
Jan 1999	0	833	10.38	1.90	$1,583
Dec 1998	192	628	9.20	1.77	$2,880
Nov 1998	0	948	10.89	2.19	$2,072
Oct 1998	190	939	12.42	1.97	$4,209
Sep 1998	0	1,080	12.59	2.08	$2,249
Aug 1998	0	875	11.30	1.91	$1,669
Jul 1998	0	917	11.74	2.24	$2,052
Jun 1998	0	819	11.24	2.24	$1,832
May 1998	188	1,178	12.62	2.21	$4,972
Apr 1998	0	720	13.04	2.51	$1,804
Mar 1998	0	843	12.80	2.31	$1,947
Feb 1998	0	716	13.95	2.30	$1,646
Jan 1998	195	915	14.70	2.15	$4,838
Dec 1997	0	928	16.32	2.41	$2,238
Nov 1997	0	859	18.19	3.09	$2,653
Oct 1997	0	940	19.25	3.15	$2,961
Sep 1997	188	1,039	17.74	2.95	$6,405
Aug 1997	0	1,016	17.86	2.55	$2,596
Jul 1997	187	1,199	17.58	2.25	$5,982
Jun 1997	0	1,258	17.24	2.26	$2,840
May 1997	0	1,135	18.97	2.31	$2,620
Apr 1997	188	954	17.88	2.08	$5,348
Mar 1997	0	1,148	18.95	1.94	$2,226
Feb 1997	183	994	20.49	2.21	$5,942
Jan 1997	0	1,173	23.48	3.54	$4,152
Dec 1996	0	1,358	23.32	—	$0
Nov 1996	192	1,292	21.97	—	$4,218
Oct 1996	0	1,340	23.31	—	$0
Sep 1996	191	1,567	22.22	—	$4,244
Aug 1996	0	1,656	20.26	—	$0
Jul 1996	187	1,740	19.55	—	$3,656
Jun 1996	0	1,495	18.73	—	$0
May 1996	192	1,489	19.43	—	$3,731
Apr 1996	0	1,263	21.51	—	$0
Mar 1996	186	1,097	19.38	—	$3,605
Feb 1996	0	1,009	16.98	—	$0
Jan 1996	188	1,391	17.07	—	$3,209
Dec 1995	0	1,922	17.19	—	$0
Nov 1995	104	2,095	16.00	—	$1,664
Oct 1995	557	2,772	15.43	—	$8,595
Sep 1995	0	1,648	16.18	—	$0
Aug 1995	0	1,384	15.92	—	$0
Jul 1995	0	2,000	15.24	—	$0
Jun 1995	181	2,285	16.41	—	$2,970
May 1995	180	2,214	17.56	—	$3,161
Apr 1995	183	2,148	17.73	—	$3,245
Mar 1995	0	2,167	16.44	—	$0
Feb 1995	183	1,788	16.58	—	$3,034
Jan 1995	0	2,550	15.92	—	$0
Dec 1994	369	2,404	15.03	—	$5,546
Nov 1994	0	1,934	15.90	—	$0
Oct 1994	0	2,337	15.58	—	$0
Sep 1994	184	1,669	15.29	—	$2,813
Aug 1994	0	2,206	16.13	—	$0
Jul 1994	362	2,332	17.56	—	$6,357
Jun 1994	0	1,987	17.09	—	$0
May 1994	181	2,146	15.88	—	$2,874
Apr 1994	185	2,381	14.14	—	$2,616
Mar 1994	182	2,413	12.46	—	$2,268
Feb 1994	0	2,306	12.50	—	$0
Jan 1994	182	2,153	12.66	—	$2,304
Dec 1993	183	2,489	12.33	—	$2,256
Nov 1993	0	2,687	14.49	—	$0
Oct 1993	180	2,575	15.85	—	$2,853
Sep 1993	184	2,412	15.03	—	$2,766
Aug 1993	181	2,773	15.66	—	$2,834
Jul 1993	182	2,804	15.46	—	$2,814
Jun 1993	181	2,430	16.79	—	$3,039
May 1993	185	2,768	17.68	—	$3,271
Apr 1993	0	2,641	18.05	—	$0
Mar 1993	368	2,852	18.14	—	$6,676
Feb 1993	0	2,679	17.90	—	$0
Jan 1993	0	3,234	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.

Apr 2011 — as filed, then multipliedworked

Oil                  365 bbl  × $105.96 =    $38,675
Casinghead gas       517 Mcf  × $  4.33 =     $2,240

────────────────────────────────────────────────────
Month total                                  $40,916

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/O/5323 is the state's own key, not one this site invented.