SCHULTZ 717

Name: SCHULTZ 717 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 BRADFORD (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5470District 10Field 11226200NGPA filingOilCasinghead gasSave Export

Value, all time

$6.8 M

Jan 1993 – Dec 2012

Value, last 12 filed months

at the published price for each month

Months reported

240

no gaps in the span

Streams

oil, casinghead gas

The BRADFORD (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 141 leases and 152 wells, and the rule below applies to all of them.

Discovered

1959-09-16

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2002-10-01.

The Commission's schedule remark for this field reads: “53869 270 EFF 4/5/11.”

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	1	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	61,141 bbl	$3,889,654
Casinghead gas	Production	455,560 Mcf	$2,891,668
Total			$6,781,322

22,507 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 (3)

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 36.2852, -100.2288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

36.28556, -100.22867 · 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%

3 of 3 wells

With a plug date

33.3%

1 of 3 wells

Median depth

7,785 ft

3 wells filed one

Completion to plug

24.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

133.3%

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

133.3%

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 7,778 and 8,513 ft, median 7,785 ft, over the 3 wells that filed a depth.

Completions filed

Jun 1983 – Mar 2006

3 of 3 wells

Plug dates filed

Mar 2008

1 of 3 wells; 2 filed none

Last completion to plug: a median of 24.8 years across the 1 well that filed both dates, with the middle half between 24.8 years and 24.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-29532981	6H	7,785 ft	Mar 2006	—	Yes
42-29532926	5H	7,778 ft	Dec 2005	—	Yes
42-29531179	3	8,513 ft	Jun 1983	Mar 2008	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 (240)

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

240 months


Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
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	790	2,715	105.96	4.33	$95,473
Mar 2011	190	2,571	96.36	4.06	$28,740
Feb 2011	194	1,969	85.64	4.18	$24,845
Jan 2011	392	3,057	86.50	4.59	$47,936
Dec 2010	391	3,187	85.73	4.35	$47,377
Nov 2010	389	2,937	80.84	3.80	$42,594
Oct 2010	198	3,191	78.10	3.51	$26,661
Sep 2010	197	3,113	72.63	3.98	$26,696
Aug 2010	387	3,383	73.68	4.42	$43,465
Jul 2010	389	3,186	72.55	4.74	$43,312
Jun 2010	394	3,425	70.36	4.91	$44,540
May 2010	195	4,120	71.12	4.24	$31,318
Apr 2010	194	840	81.69	4.12	$19,311
Mar 2010	387	1,497	78.39	4.39	$36,907
Feb 2010	586	3,139	73.58	5.44	$60,201
Jan 2010	192	3,533	74.36	5.96	$35,348
Dec 2009	392	3,822	71.44	5.48	$48,963
Nov 2009	578	3,569	74.59	3.75	$56,502
Oct 2009	395	4,045	72.54	4.11	$45,279
Sep 2009	582	3,769	65.54	3.06	$49,695
Aug 2009	384	4,228	67.42	3.22	$39,497
Jul 2009	763	4,143	61.13	3.46	$60,996
Jun 2009	189	3,880	66.16	3.90	$27,617
May 2009	581	4,033	54.74	3.93	$47,636
Apr 2009	575	3,980	46.77	3.59	$41,171
Mar 2009	390	4,188	42.14	4.06	$33,434
Feb 2009	378	3,764	32.81	4.63	$29,841
Jan 2009	778	3,799	35.86	5.37	$48,304
Dec 2008	778	4,225	37.10	5.98	$54,117
Nov 2008	396	4,262	55.49	6.86	$51,213
Oct 2008	589	5,137	75.24	6.92	$79,875
Sep 2008	973	5,172	101.76	7.88	$139,753
Aug 2008	772	4,754	114.22	8.48	$128,506
Jul 2008	589	5,622	131.08	11.39	$141,238
Jun 2008	777	5,670	131.33	13.03	$175,938
May 2008	571	6,051	123.17	11.57	$140,366
Apr 2008	762	5,563	110.31	10.45	$142,217
Mar 2008	762	5,485	101.90	9.66	$130,655
Feb 2008	565	3,440	92.53	8.77	$82,450
Jan 2008	974	4,793	90.38	8.21	$127,360
Dec 2007	780	5,642	88.33	7.30	$110,095
Nov 2007	572	5,478	91.67	7.29	$92,379
Oct 2007	772	6,016	82.85	6.92	$105,603
Sep 2007	951	6,300	75.84	6.24	$111,462
Aug 2007	949	6,742	69.06	6.39	$108,605
Jul 2007	963	6,943	70.90	6.39	$112,628
Jun 2007	1,135	7,292	62.00	7.55	$125,413
May 2007	763	7,680	58.74	7.85	$105,078
Apr 2007	1,149	7,776	59.61	7.81	$129,185
Mar 2007	1,436	7,976	56.92	7.30	$139,978
Feb 2007	755	8,138	55.10	8.22	$108,462
Jan 2007	1,352	7,953	50.30	6.73	$121,504
Dec 2006	956	7,018	56.65	6.92	$102,711
Nov 2006	1,157	7,107	54.20	7.62	$116,847
Oct 2006	1,324	8,590	54.90	6.01	$124,346
Sep 2006	1,516	8,795	60.08	5.04	$135,383
Aug 2006	1,477	9,983	68.71	7.34	$174,759
Jul 2006	1,491	10,423	69.37	6.34	$169,541
Jun 2006	2,054	11,827	66.28	6.38	$211,641
May 2006	2,260	13,625	66.01	6.42	$236,723
Apr 2006	2,700	17,228	64.39	7.36	$300,659
Mar 2006	2,521	15,658	56.70	7.08	$253,845
Feb 2006	1,114	11,866	57.59	7.75	$156,130
Jan 2006	1,707	17,576	60.59	8.93	$260,439
Dec 2005	1,560	13,140	54.94	13.42	$261,985
Nov 2005	0	69	54.69	10.59	$731
Oct 2005	0	176	58.34	13.80	$2,428
Sep 2005	0	190	61.45	12.08	$2,295
Aug 2005	0	190	61.51	9.80	$1,861
Jul 2005	0	204	55.69	7.84	$1,600
Jun 2005	0	89	52.33	7.38	$657
May 2005	0	184	45.22	6.65	$1,224
Apr 2005	0	137	49.20	7.36	$1,008
Mar 2005	0	269	50.37	7.15	$1,925
Feb 2005	0	223	45.22	6.31	$1,408
Jan 2005	0	219	43.16	6.32	$1,385
Dec 2004	135	261	39.86	6.75	$7,143
Nov 2004	0	245	45.28	6.33	$1,551
Oct 2004	0	241	49.70	6.52	$1,570
Sep 2004	0	299	43.24	5.28	$1,580
Aug 2004	164	236	42.37	5.55	$8,259
Jul 2004	0	401	38.28	6.08	$2,440
Jun 2004	0	271	36.10	6.43	$1,743
May 2004	0	281	37.48	6.49	$1,825
Apr 2004	172	234	34.47	5.86	$7,300
Mar 2004	0	336	34.36	5.53	$1,858
Feb 2004	0	308	32.45	5.51	$1,697
Jan 2004	175	334	32.03	6.30	$7,709
Dec 2003	0	362	30.26	6.30	$2,281
Nov 2003	0	345	28.80	4.60	$1,585
Oct 2003	0	381	28.17	4.76	$1,813
Sep 2003	197	417	26.31	4.75	$7,164
Aug 2003	0	397	29.76	5.13	$2,037
Jul 2003	0	370	29.41	5.17	$1,913
Jun 2003	0	373	28.56	5.98	$2,232
May 2003	178	444	26.59	5.97	$7,385
Apr 2003	0	407	26.67	5.41	$2,201
Mar 2003	0	427	31.14	6.10	$2,603
Feb 2003	0	372	33.48	7.93	$2,948
Jan 2003	177	438	30.31	5.58	$7,810
Dec 2002	0	449	26.91	4.85	$2,179
Nov 2002	0	499	24.66	4.14	$2,064
Oct 2002	177	470	26.46	4.23	$6,671
Sep 2002	0	784	27.44	3.64	$2,850
Aug 2002	0	371	25.96	3.16	$1,174
Jul 2002	0	411	24.58	3.06	$1,258
Jun 2002	0	412	23.73	3.34	$1,375
May 2002	130	383	24.66	3.58	$4,578
Apr 2002	0	436	23.65	3.51	$1,531
Mar 2002	0	401	22.00	3.10	$1,244
Feb 2002	162	408	18.22	2.38	$3,921
Jan 2002	0	396	17.17	2.38	$941
Dec 2001	0	406	16.93	2.36	$960
Nov 2001	163	440	18.07	2.41	$4,004
Oct 2001	0	440	19.78	2.53	$1,113
Sep 2001	176	610	24.26	2.25	$5,643
Aug 2001	0	427	24.87	3.05	$1,304
Jul 2001	178	409	23.93	3.20	$5,567
Jun 2001	0	532	24.56	3.82	$2,034
May 2001	0	358	25.52	4.31	$1,542
Apr 2001	7	270	24.68	5.34	$1,613
Mar 2001	0	433	24.54	5.38	$2,328
Feb 2001	0	448	27.75	5.77	$2,584
Jan 2001	180	402	27.47	8.40	$8,321
Dec 2000	0	467	26.88	9.12	$4,260
Nov 2000	0	460	32.21	5.66	$2,603
Oct 2000	178	474	31.23	5.15	$7,998
Sep 2000	0	504	31.87	5.19	$2,614
Aug 2000	0	452	29.64	4.54	$2,052
Jul 2000	0	478	28.53	4.09	$1,955
Jun 2000	0	393	29.30	4.40	$1,728
May 2000	0	348	27.26	3.68	$1,281
Apr 2000	179	388	24.51	3.12	$5,596
Mar 2000	0	548	28.42	2.86	$1,567
Feb 2000	0	509	27.62	2.73	$1,388
Jan 2000	0	450	25.27	2.48	$1,116
Dec 1999	171	393	24.28	2.42	$5,104
Nov 1999	0	543	23.19	2.43	$1,322
Oct 1999	174	500	20.98	2.80	$5,052
Sep 1999	0	536	21.75	2.62	$1,404
Aug 1999	175	483	19.26	2.88	$4,759
Jul 1999	0	436	17.89	2.37	$1,034
Jun 1999	0	423	15.94	2.36	$999
May 1999	0	379	15.79	2.32	$880
Apr 1999	0	483	15.10	2.21	$1,066
Mar 1999	184	490	12.47	1.84	$3,195
Feb 1999	0	359	9.98	1.82	$653
Jan 1999	0	481	10.38	1.90	$914
Dec 1998	62	197	9.20	1.77	$920
Nov 1998	0	479	10.89	2.19	$1,047
Oct 1998	180	475	12.42	1.97	$3,171
Sep 1998	0	414	12.59	2.08	$862
Aug 1998	0	393	11.30	1.91	$750
Jul 1998	176	479	11.74	2.24	$3,138
Jun 1998	171	417	11.24	2.24	$2,855
May 1998	0	510	12.62	2.21	$1,125
Apr 1998	0	469	13.04	2.51	$1,175
Mar 1998	0	499	12.80	2.31	$1,152
Feb 1998	0	553	13.95	2.30	$1,271
Jan 1998	181	429	14.70	2.15	$3,585
Dec 1997	0	526	16.32	2.41	$1,268
Nov 1997	0	591	18.19	3.09	$1,825
Oct 1997	0	520	19.25	3.15	$1,638
Sep 1997	176	540	17.74	2.95	$4,718
Aug 1997	0	551	17.86	2.55	$1,408
Jul 1997	172	507	17.58	2.25	$4,163
Jun 1997	0	573	17.24	2.26	$1,293
May 1997	181	503	18.97	2.31	$4,595
Apr 1997	0	285	17.88	2.08	$594
Mar 1997	0	499	18.95	1.94	$968
Feb 1997	171	452	20.49	2.21	$4,501
Jan 1997	0	461	23.48	3.54	$1,632
Dec 1996	0	555	23.32	—	$0
Nov 1996	0	447	21.97	—	$0
Oct 1996	181	774	23.31	—	$4,219
Sep 1996	0	554	22.22	—	$0
Aug 1996	0	556	20.26	—	$0
Jul 1996	177	284	19.55	—	$3,460
Jun 1996	0	493	18.73	—	$0
May 1996	0	433	19.43	—	$0
Apr 1996	0	299	21.51	—	$0
Mar 1996	92	256	19.38	—	$1,783
Feb 1996	176	246	16.98	—	$2,988
Jan 1996	0	314	17.07	—	$0
Dec 1995	0	316	17.19	—	$0
Nov 1995	0	396	16.00	—	$0
Oct 1995	178	496	15.43	—	$2,747
Sep 1995	0	327	16.18	—	$0
Aug 1995	0	483	15.92	—	$0
Jul 1995	176	555	15.24	—	$2,682
Jun 1995	0	536	16.41	—	$0
May 1995	177	639	17.56	—	$3,108
Apr 1995	0	630	17.73	—	$0
Mar 1995	0	347	16.44	—	$0
Feb 1995	170	394	16.58	—	$2,819
Jan 1995	0	498	15.92	—	$0
Dec 1994	0	541	15.03	—	$0
Nov 1994	0	504	15.90	—	$0
Oct 1994	178	528	15.58	—	$2,773
Sep 1994	0	416	15.29	—	$0
Aug 1994	175	430	16.13	—	$2,823
Jul 1994	0	558	17.56	—	$0
Jun 1994	0	421	17.09	—	$0
May 1994	0	481	15.88	—	$0
Apr 1994	168	380	14.14	—	$2,376
Mar 1994	0	1,063	12.46	—	$0
Feb 1994	171	359	12.50	—	$2,138
Jan 1994	0	423	12.66	—	$0
Dec 1993	0	436	12.33	—	$0
Nov 1993	0	450	14.49	—	$0
Oct 1993	173	494	15.85	—	$2,742
Sep 1993	0	416	15.03	—	$0
Aug 1993	0	557	15.66	—	$0
Jul 1993	178	613	15.46	—	$2,752
Jun 1993	0	508	16.79	—	$0
May 1993	0	421	17.68	—	$0
Apr 1993	176	509	18.05	—	$3,177
Mar 1993	321	466	18.14	—	$5,823
Feb 1993	0	302	17.90	—	$0
Jan 1993	0	403	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                  790 bbl  × $105.96 =    $83,708
Casinghead gas     2,715 Mcf  × $  4.33 =    $11,765

────────────────────────────────────────────────────
Month total                                  $95,473

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/5470 is the state's own key, not one this site invented.