SCHLAEPFER, R.

Operated by RICHEY, RAY MANAGEMENT CO., INC. (P-5 709694) in the H.P.C. (CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21704District 7BField 37756200NGPA filingOilCasinghead gasSaveExport
Value, all time
$492 k
Jan 1993 – Dec 2006
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
168
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 21 leases and 22 wells, and the rule below applies to all of them.

Discovered
1984-06-16
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The Commission's schedule remark for this field reads: FIELD RULES RESCINDED PER DKT. 7B-87464 EFF 6/2/86.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition5,458 bbl$116,770
Casinghead gasProduction193,659 Mcf$375,159
Total$491,929

98,686 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 32.4232, -98.9985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42322, -98.99845 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
3,985 ft
1 wells filed one
Completion to plug
31.0 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 3,985 ft.

Completions filed
Oct 1984
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 31.0 years across the 1 well that filed both dates, with the middle half between 31.0 years and 31.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333597713,985 ftOct 1984Oct 2015Yes

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 (168)

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

168 months

Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006111054.906.01$6,094
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006044666.016.42$2,866
Apr 2006034064.397.36$2,503
Mar 2006038656.707.08$2,734
Feb 2006035757.597.75$2,767
Jan 2006039160.598.93$3,493
Dec 2005038154.9413.42$5,111
Nov 2005043754.6910.59$4,627
Oct 2005049258.3413.80$6,788
Sep 2005046361.4512.08$5,593
Aug 20051571761.519.80$9,824
Jul 2005038055.697.84$2,981
Jun 2005014552.337.38$1,070
May 2005094145.226.65$6,259
Apr 2005079049.207.36$5,815
Mar 2005022950.377.15$1,638
Feb 2005062645.226.31$3,951
Jan 2005074243.166.32$4,691
Dec 2004074639.866.75$5,036
Nov 2004075245.286.33$4,760
Oct 2004077649.706.52$5,056
Sep 200414078043.245.28$10,175
Aug 2004085042.375.55$4,718
Jul 2004086738.286.08$5,275
Jun 2004081936.106.43$5,269
May 2004068337.486.49$4,436
Apr 200413872534.475.86$9,004
Mar 2004073134.365.53$4,043
Feb 2004069232.455.51$3,813
Jan 2004075632.036.30$4,763
Dec 2003086230.266.30$5,432
Nov 2003171428.804.60$3,310
Oct 2003080928.174.76$3,851
Sep 2003085726.314.75$4,070
Aug 200314281629.765.13$8,412
Jul 2003081129.415.17$4,194
Jun 2003078428.565.98$4,691
May 2003179626.595.97$4,781
Apr 2003082126.675.41$4,439
Mar 2003072231.146.10$4,401
Feb 2003162533.487.93$4,987
Jan 200314527630.315.58$5,936
Dec 2002167126.914.85$3,284
Nov 2002080824.664.14$3,343
Oct 2002075126.464.23$3,176
Sep 2002170827.443.64$2,601
Aug 2002073825.963.16$2,335
Jul 2002071524.583.06$2,189
Jun 200214771123.733.34$5,862
May 2002077724.663.58$2,785
Apr 2002176923.653.51$2,725
Mar 2002079622.003.10$2,470
Feb 2002076818.222.38$1,825
Jan 200215584017.172.38$4,657
Dec 2001087716.932.36$2,074
Nov 2001080718.072.41$1,941
Oct 2001080619.782.53$2,038
Sep 2001083024.262.25$1,869
Aug 2001085624.873.05$2,614
Jul 2001089523.933.20$2,861
Jun 200115685824.563.82$7,112
May 2001085925.524.31$3,700
Apr 2001081524.685.34$4,348
Mar 2001064424.545.38$3,462
Feb 2001063127.755.77$3,639
Jan 2001070927.478.40$5,955
Dec 2000071726.889.12$6,541
Nov 200013060932.215.66$7,633
Oct 2000064731.235.15$3,329
Sep 2000088331.875.19$4,580
Aug 2000097829.644.54$4,441
Jul 200001,04028.534.09$4,253
Jun 2000056929.304.40$2,502
May 2000049427.263.68$1,818
Apr 200013883724.513.12$5,990
Mar 2000098828.422.86$2,825
Feb 2000055227.622.73$1,505
Jan 2000069425.272.48$1,721
Dec 1999080824.282.42$1,958
Nov 199914173123.192.43$5,049
Oct 1999072120.982.80$2,021
Sep 1999177721.752.62$2,057
Aug 1999095219.262.88$2,738
Jul 199901,03817.892.37$2,463
Jun 199915697215.942.36$4,783
May 199901,00115.792.32$2,323
Apr 1999090815.102.21$2,005
Mar 1999188712.471.84$1,643
Feb 199909559.981.82$1,736
Jan 199901,02210.381.90$1,942
Dec 1998861,0399.201.77$2,634
Nov 19981201,17910.892.19$3,884
Oct 199801,15812.421.97$2,280
Sep 19981471,11312.592.08$4,169
Aug 199811,33311.301.91$2,554
Jul 199801,32911.742.24$2,973
Jun 199801,14411.242.24$2,559
May 199801,28312.622.21$2,831
Apr 1998991,36013.042.51$4,698
Mar 199801,36712.802.31$3,157
Feb 199801,18613.952.30$2,727
Jan 199811,22514.702.15$2,654
Dec 199701,26316.322.41$3,045
Nov 199701,20118.193.09$3,709
Oct 19971251,30419.253.15$6,514
Sep 199701,28117.742.95$3,785
Aug 199701,35617.862.55$3,464
Jul 199701,34317.582.25$3,018
Jun 19971171,26017.242.26$4,861
May 199701,41418.972.31$3,264
Apr 199701,37617.882.08$2,866
Mar 19971221,42718.951.94$5,079
Feb 199701,34720.492.21$2,971
Jan 199701,63323.483.54$5,780
Dec 199601,80623.32$0
Nov 1996541,60221.97$1,186
Oct 19961081,42823.31$2,517
Sep 199601,56222.22$0
Aug 199601,51320.26$0
Jul 1996971,58819.55$1,896
Jun 199601,55018.73$0
May 1996601,65919.43$1,166
Apr 199601,37321.51$0
Mar 199601,59219.38$0
Feb 199601,55016.98$0
Jan 19961021,60517.07$1,741
Dec 199511,80217.19$17
Nov 19951151,69116.00$1,840
Oct 199501,89115.43$0
Sep 19951161,95516.18$1,877
Aug 199501,97115.92$0
Jul 199502,00515.24$0
Jun 19951291,98016.41$2,117
May 199502,20217.56$0
Apr 199502,02417.73$0
Mar 1995942,20216.44$1,545
Feb 19951411,89016.58$2,338
Jan 199502,12615.92$0
Dec 199402,09215.03$0
Nov 19941422,13015.90$2,258
Oct 199402,12815.58$0
Sep 19941062,09315.29$1,621
Aug 199402,00616.13$0
Jul 19941132,12117.56$1,984
Jun 199402,13417.09$0
May 19941342,26615.88$2,128
Apr 199402,18914.14$0
Mar 19941032,31612.46$1,283
Feb 199402,10612.50$0
Jan 19941412,33412.66$1,785
Dec 19931102,26412.33$1,356
Nov 199302,21214.49$0
Oct 19931502,40315.85$2,378
Sep 199302,42515.03$0
Aug 19931282,62815.66$2,004
Jul 199302,71815.46$0
Jun 19931522,53016.79$2,552
May 199302,57617.68$0
Apr 19931282,57918.05$2,310
Mar 19931802,79218.14$3,265
Feb 199302,38917.90$0
Jan 19931722,68816.93$2,912

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.

Oct 2006 — as filed, then multipliedworked
Oil                  111 bbl  × $ 54.90 =     $6,094
Casinghead gas         0 Mcf  × $  6.01 =         $0

────────────────────────────────────────────────────
Month total                                   $6,094

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. 7B/O/21704 is the state's own key, not one this site invented.