SCHULTZ, B.F.

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

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the PERRYTON, WEST (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5499District 10Field 70750111NGPA filingOilCasinghead gasSave Export

Value, all time

$1.7 M

Jan 1993 – Nov 2011

Value, last 12 filed months

$87 k

at the published price for each month

Months reported

227

no gaps in the span

Streams

oil, casinghead gas

The PERRYTON, WEST (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 18 leases and 21 wells, and the rule below applies to all of them.

Discovered

1958-11-30

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11”

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	29,777 bbl	$1,040,433
Casinghead gas	Production	154,297 Mcf	$625,194
Total			$1,665,628

34,063 Mcf of this lease's gas, across 47 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 36.3031, -100.8758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.30307, -100.87584 · 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

0.0%

0 of 1 wells

Median depth

8,950 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

1100.0%

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.

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 8,950 ft.

Completions filed

Aug 1983

1 of 1 wells

1 well


42-35731377	2	8,950 ft	Aug 1983	—	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 (227)

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

227 months


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	247	567	105.96	4.33	$28,629
Mar 2011	173	683	96.36	4.06	$19,441
Feb 2011	0	622	85.64	4.18	$2,600
Jan 2011	177	715	86.50	4.59	$18,591
Dec 2010	176	702	85.73	4.35	$18,141
Nov 2010	0	687	80.84	3.80	$2,607
Oct 2010	175	709	78.10	3.51	$16,155
Sep 2010	176	691	72.63	3.98	$15,533
Aug 2010	0	719	73.68	4.42	$3,178
Jul 2010	355	759	72.55	4.74	$29,350
Jun 2010	0	465	70.36	4.91	$2,283
May 2010	0	118	71.12	4.24	$500
Apr 2010	0	392	81.69	4.12	$1,616
Mar 2010	179	659	78.39	4.39	$16,924
Feb 2010	0	564	73.58	5.44	$3,069
Jan 2010	179	618	74.36	5.96	$16,996
Dec 2009	0	624	71.44	5.48	$3,422
Nov 2009	180	644	74.59	3.75	$15,842
Oct 2009	0	636	72.54	4.11	$2,614
Sep 2009	177	639	65.54	3.06	$13,559
Aug 2009	182	631	67.42	3.22	$14,301
Jul 2009	0	875	61.13	3.46	$3,031
Jun 2009	180	829	66.16	3.90	$15,138
May 2009	0	1,064	54.74	3.93	$4,177
Apr 2009	179	1,040	46.77	3.59	$12,103
Mar 2009	0	1,061	42.14	4.06	$4,307
Feb 2009	175	982	32.81	4.63	$10,291
Jan 2009	170	923	35.86	5.37	$11,054
Dec 2008	0	840	37.10	5.98	$5,021
Nov 2008	180	673	55.49	6.86	$14,605
Oct 2008	0	760	75.24	6.92	$5,261
Sep 2008	181	751	101.76	7.88	$24,334
Aug 2008	0	748	114.22	8.48	$6,345
Jul 2008	175	761	131.08	11.39	$31,606
Jun 2008	178	755	131.33	13.03	$33,216
May 2008	0	743	123.17	11.57	$8,600
Apr 2008	174	768	110.31	10.45	$27,223
Mar 2008	0	781	101.90	9.66	$7,548
Feb 2008	181	719	92.53	8.77	$23,054
Jan 2008	180	756	90.38	8.21	$22,472
Dec 2007	0	745	88.33	7.30	$5,440
Nov 2007	134	729	91.67	7.29	$17,599
Oct 2007	177	760	82.85	6.92	$19,925
Sep 2007	0	743	75.84	6.24	$4,639
Aug 2007	177	779	69.06	6.39	$17,200
Jul 2007	0	714	70.90	6.39	$4,561
Jun 2007	174	759	62.00	7.55	$16,517
May 2007	177	726	58.74	7.85	$16,093
Apr 2007	0	622	59.61	7.81	$4,855
Mar 2007	180	738	56.92	7.30	$15,634
Feb 2007	179	580	55.10	8.22	$14,628
Jan 2007	0	717	50.30	6.73	$4,823
Dec 2006	180	710	56.65	6.92	$15,109
Nov 2006	0	668	54.20	7.62	$5,088
Oct 2006	180	689	54.90	6.01	$14,026
Sep 2006	0	666	60.08	5.04	$3,355
Aug 2006	179	677	68.71	7.34	$17,268
Jul 2006	181	782	69.37	6.34	$17,516
Jun 2006	0	755	66.28	6.38	$4,820
May 2006	181	663	66.01	6.42	$16,208
Apr 2006	0	743	64.39	7.36	$5,469
Mar 2006	183	750	56.70	7.08	$15,688
Feb 2006	183	675	57.59	7.75	$15,771
Jan 2006	185	746	60.59	8.93	$17,873
Dec 2005	0	740	54.94	13.42	$9,927
Nov 2005	183	728	54.69	10.59	$17,717
Oct 2005	0	745	58.34	13.80	$10,278
Sep 2005	181	754	61.45	12.08	$20,230
Aug 2005	184	780	61.51	9.80	$18,959
Jul 2005	0	748	55.69	7.84	$5,867
Jun 2005	182	718	52.33	7.38	$14,824
May 2005	0	723	45.22	6.65	$4,809
Apr 2005	183	730	49.20	7.36	$14,377
Mar 2005	184	754	50.37	7.15	$14,663
Feb 2005	0	680	45.22	6.31	$4,292
Jan 2005	185	707	43.16	6.32	$12,454
Dec 2004	183	765	39.86	6.75	$12,459
Nov 2004	0	682	45.28	6.33	$4,317
Oct 2004	183	735	49.70	6.52	$13,884
Sep 2004	183	766	43.24	5.28	$11,960
Aug 2004	0	795	42.37	5.55	$4,413
Jul 2004	183	776	38.28	6.08	$11,727
Jun 2004	182	786	36.10	6.43	$11,627
May 2004	0	768	37.48	6.49	$4,988
Apr 2004	181	691	34.47	5.86	$10,287
Mar 2004	183	804	34.36	5.53	$10,734
Feb 2004	183	722	32.45	5.51	$9,916
Jan 2004	0	783	32.03	6.30	$4,933
Dec 2003	186	780	30.26	6.30	$10,544
Nov 2003	182	740	28.80	4.60	$8,642
Oct 2003	0	771	28.17	4.76	$3,670
Sep 2003	184	762	26.31	4.75	$8,460
Aug 2003	181	702	29.76	5.13	$8,988
Jul 2003	0	760	29.41	5.17	$3,930
Jun 2003	182	769	28.56	5.98	$9,799
May 2003	180	770	26.59	5.97	$9,385
Apr 2003	0	790	26.67	5.41	$4,272
Mar 2003	182	770	31.14	6.10	$10,361
Feb 2003	185	618	33.48	7.93	$11,092
Jan 2003	0	722	30.31	5.58	$4,030
Dec 2002	181	709	26.91	4.85	$8,312
Nov 2002	183	753	24.66	4.14	$7,628
Oct 2002	180	786	26.46	4.23	$8,087
Sep 2002	0	773	27.44	3.64	$2,810
Aug 2002	178	781	25.96	3.16	$7,092
Jul 2002	182	800	24.58	3.06	$6,923
Jun 2002	0	766	23.73	3.34	$2,557
May 2002	178	621	24.66	3.58	$6,615
Apr 2002	184	755	23.65	3.51	$7,003
Mar 2002	185	672	22.00	3.10	$6,155
Feb 2002	0	505	18.22	2.38	$1,200
Jan 2002	185	661	17.17	2.38	$4,747
Dec 2001	181	698	16.93	2.36	$4,715
Nov 2001	0	722	18.07	2.41	$1,737
Oct 2001	181	734	19.78	2.53	$5,436
Sep 2001	183	710	24.26	2.25	$6,038
Aug 2001	186	724	24.87	3.05	$6,836
Jul 2001	0	732	23.93	3.20	$2,340
Jun 2001	182	668	24.56	3.82	$7,024
May 2001	183	760	25.52	4.31	$7,944
Apr 2001	181	743	24.68	5.34	$8,431
Mar 2001	365	565	24.54	5.38	$11,995
Feb 2001	0	684	27.75	5.77	$3,945
Jan 2001	0	775	27.47	8.40	$6,509
Dec 2000	176	781	26.88	9.12	$11,856
Nov 2000	186	757	32.21	5.66	$10,274
Oct 2000	184	542	31.23	5.15	$8,535
Sep 2000	0	748	31.87	5.19	$3,880
Aug 2000	359	801	29.64	4.54	$14,278
Jul 2000	0	747	28.53	4.09	$3,055
Jun 2000	368	682	29.30	4.40	$13,781
May 2000	0	569	27.26	3.68	$2,094
Apr 2000	182	500	24.51	3.12	$6,019
Mar 2000	185	642	28.42	2.86	$7,094
Feb 2000	186	563	27.62	2.73	$6,672
Jan 2000	183	199	25.27	2.48	$5,118
Dec 1999	185	639	24.28	2.42	$6,041
Nov 1999	0	712	23.19	2.43	$1,733
Oct 1999	183	700	20.98	2.80	$5,802
Sep 1999	180	649	21.75	2.62	$5,615
Aug 1999	0	530	19.26	2.88	$1,524
Jul 1999	183	780	17.89	2.37	$5,124
Jun 1999	182	690	15.94	2.36	$4,531
May 1999	0	718	15.79	2.32	$1,666
Apr 1999	184	738	15.10	2.21	$4,408
Mar 1999	184	683	12.47	1.84	$3,550
Feb 1999	184	337	9.98	1.82	$2,449
Jan 1999	0	604	10.38	1.90	$1,148
Dec 1998	184	528	9.20	1.77	$2,629
Nov 1998	184	797	10.89	2.19	$3,746
Oct 1998	182	721	12.42	1.97	$3,680
Sep 1998	183	614	12.59	2.08	$3,583
Aug 1998	182	735	11.30	1.91	$3,459
Jul 1998	180	782	11.74	2.24	$3,863
Jun 1998	182	727	11.24	2.24	$3,672
May 1998	0	476	12.62	2.21	$1,050
Apr 1998	182	598	13.04	2.51	$3,871
Mar 1998	365	741	12.80	2.31	$6,383
Feb 1998	0	738	13.95	2.30	$1,697
Jan 1998	367	697	14.70	2.15	$6,897
Dec 1997	0	652	16.32	2.41	$1,572
Nov 1997	184	537	18.19	3.09	$5,005
Oct 1997	0	602	19.25	3.15	$1,896
Sep 1997	0	524	17.74	2.95	$1,548
Aug 1997	176	467	17.86	2.55	$4,336
Jul 1997	0	549	17.58	2.25	$1,234
Jun 1997	183	486	17.24	2.26	$4,252
May 1997	183	668	18.97	2.31	$5,014
Apr 1997	185	672	17.88	2.08	$4,707
Mar 1997	0	689	18.95	1.94	$1,336
Feb 1997	173	554	20.49	2.21	$4,767
Jan 1997	184	629	23.48	3.54	$6,547
Dec 1996	185	676	23.32	—	$4,314
Nov 1996	185	687	21.97	—	$4,064
Oct 1996	183	729	23.31	—	$4,266
Sep 1996	185	756	22.22	—	$4,111
Aug 1996	182	784	20.26	—	$3,687
Jul 1996	179	798	19.55	—	$3,499
Jun 1996	180	741	18.73	—	$3,371
May 1996	179	673	19.43	—	$3,478
Apr 1996	0	685	21.51	—	$0
Mar 1996	367	521	19.38	—	$7,112
Feb 1996	181	614	16.98	—	$3,073
Jan 1996	180	588	17.07	—	$3,073
Dec 1995	0	681	17.19	—	$0
Nov 1995	183	615	16.00	—	$2,928
Oct 1995	185	561	15.43	—	$2,855
Sep 1995	183	552	16.18	—	$2,961
Aug 1995	184	711	15.92	—	$2,929
Jul 1995	183	828	15.24	—	$2,789
Jun 1995	172	362	16.41	—	$2,823
May 1995	0	827	17.56	—	$0
Apr 1995	370	759	17.73	—	$6,560
Mar 1995	0	0	16.44	—	$0
Feb 1995	184	2	16.58	—	$3,051
Jan 1995	184	182	15.92	—	$2,929
Dec 1994	365	936	15.03	—	$5,486
Nov 1994	184	911	15.90	—	$2,926
Oct 1994	179	950	15.58	—	$2,789
Sep 1994	182	754	15.29	—	$2,783
Aug 1994	182	831	16.13	—	$2,936
Jul 1994	0	944	17.56	—	$0
Jun 1994	180	871	17.09	—	$3,076
May 1994	365	903	15.88	—	$5,796
Apr 1994	0	916	14.14	—	$0
Mar 1994	181	883	12.46	—	$2,255
Feb 1994	185	732	12.50	—	$2,313
Jan 1994	0	799	12.66	—	$0
Dec 1993	183	812	12.33	—	$2,256
Nov 1993	181	667	14.49	—	$2,623
Oct 1993	182	1,131	15.85	—	$2,885
Sep 1993	182	975	15.03	—	$2,735
Aug 1993	182	1,042	15.66	—	$2,850
Jul 1993	177	886	15.46	—	$2,736
Jun 1993	180	848	16.79	—	$3,022
May 1993	184	916	17.68	—	$3,253
Apr 1993	186	569	18.05	—	$3,357
Mar 1993	365	592	18.14	—	$6,621
Feb 1993	186	136	17.90	—	$3,329
Jan 1993	177	727	16.93	—	$2,997

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                  247 bbl  × $105.96 =    $26,172
Casinghead gas       567 Mcf  × $  4.33 =     $2,457

────────────────────────────────────────────────────
Month total                                  $28,629

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/5499 is the state's own key, not one this site invented.