SCHULTZ 696

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

Oil lease lease 9050District 10Field 53869270OilCasinghead gasSaveExport
Value, all time
$2.3 M
May 2011 – Mar 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
119
no gaps in the span
Streams
2
oil, casinghead 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

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
OilDisposition22,849 bbl$1,730,680
Casinghead gasProduction183,218 Mcf$618,160
Total$2,348,840

Wells on this lease (2)

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 36.2705, -100.1578. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

36.27049, -100.15781 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,693 ft
2 wells filed one
Completion to plug
11.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 7,688 and 7,697 ft, median 7,693 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2005 – Jan 2007
2 of 2 wells
Plug dates filed
Dec 2014 – Dec 2020
2 of 2 wells

Last completion to plug: a median of 11.8 years across the 2 wells that filed both dates, with the middle half between 10.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-295330876H7,697 ftJan 2007Dec 2020Yes
42-295328392 H7,688 ftApr 2005Dec 2014Yes

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 (119)

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

119 months

Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20191598359.012.30$9,574
Nov 2019080755.302.75$2,220
Oct 2019096253.472.42$2,327
Sep 20191811,00155.052.66$12,624
Aug 201918791653.112.30$12,042
Jul 2019011056.272.46$271
Jun 2019023252.782.49$578
May 2019091058.482.74$2,494
Apr 201919288862.632.75$14,468
Mar 2019090356.803.06$2,765
Feb 201917391050.852.79$11,338
Jan 2019093146.033.23$3,005
Dec 201818699746.594.19$12,839
Nov 2018090652.934.24$3,839
Oct 20181921,19661.443.40$15,861
Sep 201801,30259.543.11$4,047
Aug 20181881,39159.403.07$15,433
Jul 20181781,43565.142.93$15,802
Jun 20181871,25560.183.08$15,115
May 201801,18765.382.90$3,443
Apr 20181981,17563.842.90$16,049
Mar 20181901,15761.222.79$14,856
Feb 20182001,02861.782.77$15,200
Jan 201801,27562.874.01$5,112
Dec 20171961,19257.272.92$14,707
Nov 201701,18855.423.12$3,705
Oct 20171231,26649.292.98$9,840
Sep 20172381,21047.523.09$15,045
Aug 20171201,35245.373.00$9,506
Jul 20171911,39943.873.09$12,698
Jun 20172901,32542.493.09$16,413
May 20171191,49845.373.26$10,288
Apr 20172101,18447.933.21$13,868
Mar 20171191646.772.98$5,613
Feb 20172241550.452.95$11,345
Jan 20171181749.413.42$5,889
Dec 201611615848.763.72$6,244
Nov 20168161842.492.64$5,076
Oct 20161181,86446.193.09$11,211
Sep 20162331,82041.553.10$15,324
Aug 20161171,82541.442.92$10,185
Jul 20162351,89341.622.92$15,316
Jun 20161191,84245.352.69$10,344
May 20161561,92842.521.99$10,472
Apr 2016991,86136.561.99$7,325
Mar 20161891,91733.011.79$9,678
Feb 2016961,80926.472.06$6,274
Jan 20161811,92727.352.36$9,506
Dec 20152591,85632.362.00$12,096
Nov 20151431,68738.792.17$9,203
Oct 20151681,99643.552.43$12,160
Sep 20151892,03142.992.76$13,727
Aug 20152262,08940.162.87$15,077
Jul 20152202,15048.152.95$16,925
Jun 20152722,12356.152.88$21,393
May 20152362,21155.212.96$19,564
Apr 20152002,07849.822.71$15,588
Mar 20151771,95542.892.93$13,329
Feb 20151841,90444.662.98$13,884
Jan 20152342,08843.433.10$16,637
Dec 20141992,04354.693.59$18,220
Nov 20142392,29670.464.25$26,602
Oct 20142412,50678.303.90$28,646
Sep 20142622,45686.164.05$32,510
Aug 20145802,57589.394.04$62,237
Jul 20141922,55796.564.18$29,227
Jun 20141942,56998.164.74$31,212
May 20141902,46794.734.73$29,659
Apr 20143952,20695.944.81$48,505
Mar 20141992,58895.895.06$32,169
Feb 20141982,22197.406.19$33,038
Jan 20146052,37790.404.86$66,246
Dec 201371,92891.824.35$9,038
Nov 20133862,22388.853.74$42,606
Oct 20131932,25997.423.78$27,340
Sep 20131922,283104.113.72$28,477
Aug 20133842,452104.253.52$48,669
Jul 20133782,613102.523.72$48,467
Jun 20133842,93894.403.93$47,806
May 20131901,17194.834.15$22,876
Apr 20131942,23893.964.28$27,813
Mar 2013198093.623.91$18,537
Feb 20131941,78991.233.42$23,817
Jan 20133932,33591.603.42$43,984
Dec 20121972,29586.773.42$24,943
Nov 20123852,34586.953.62$41,976
Oct 20123882,43089.383.40$42,941
Sep 20123872,39994.672.92$43,639
Aug 20121932,34992.662.91$24,715
Jul 20123842,44385.133.02$40,070
Jun 20123792,41879.822.52$36,343
May 20121952,55991.612.49$24,232
Apr 20121922,475101.652.00$24,459
Mar 20125372,246105.052.22$61,403
Feb 20125892,362101.102.57$65,619
Jan 20123892,53198.092.73$45,077
Dec 20111962,34296.873.24$26,574
Nov 20115942,29395.723.31$64,450
Oct 20111963,01384.983.65$27,649
Sep 20113922,94683.623.99$44,521
Aug 20115283,12783.404.15$57,010
Jul 20115292,77194.144.52$62,317
Jun 20113223,08192.904.64$44,209
May 20116833,45498.134.40$82,237

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.

Dec 2019 — as filed, then multipliedworked
Oil                  159 bbl  × $ 59.01 =     $9,383
Casinghead gas        83 Mcf  × $  2.30 =       $191

────────────────────────────────────────────────────
Month total                                   $9,574

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/9050 is the state's own key, not one this site invented.