SCHWARZ

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

Operated by STEPHENS EXPLORATION, INC. (P-5 817520) in the NEWMAN (FLIPPEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25487District 7BField 65343400OilCasinghead gasSave Export

Value, all time

$929 k

Jan 1993 – Jun 2007

Value, last 12 filed months

at the published price for each month

Months reported

174

no gaps in the span

Streams

oil, casinghead gas

The NEWMAN (FLIPPEN) 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 5 leases and 7 wells, and the rule below applies to all of them.

Discovered

1983-06-01

as the register files it

Field class

Oil

the register's own label

Between wells

933 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 1990-08-01.

The Commission's schedule remark for this field reads: “FLD. RULES PER DKT#7B-94691 EFF. 8/1/90.”

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	52,353 bbl	$928,419
Casinghead gas	Production	104 Mcf	$177
Total			$928,596

48 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 32.5861, -100.3169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.58649, -100.31693 · 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

100.0%

3 of 3 wells

Median depth

3,850 ft

3 wells filed one

Completion to plug

12.8 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

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

3100.0%

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 3,850 and 6,196 ft, median 3,850 ft, over the 3 wells that filed a depth.

Completions filed

Jun 1989 – Apr 1991

3 of 3 wells

Plug dates filed

Dec 2002 – Jan 2003

3 of 3 wells

Last completion to plug: a median of 12.8 years across the 3 wells that filed both dates, with the middle half between 12.3 years and 13.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-15132263	3	3,850 ft	Apr 1991	Jan 2003	Yes
42-15132247	2	3,850 ft	Apr 1990	Jan 2003	Yes
42-15132215	1	6,196 ft	Jun 1989	Dec 2002	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 (174)

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

174 months


Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	89	0	30.31	5.58	$2,698
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	166	1	24.87	3.05	$4,131
Jul 2001	158	1	23.93	3.20	$3,784
Jun 2001	156	1	24.56	3.82	$3,835
May 2001	160	1	25.52	4.31	$4,088
Apr 2001	171	1	24.68	5.34	$4,226
Mar 2001	167	1	24.54	5.38	$4,104
Feb 2001	0	1	27.75	5.77	$6
Jan 2001	333	1	27.47	8.40	$9,156
Dec 2000	157	1	26.88	9.12	$4,229
Nov 2000	0	1	32.21	5.66	$6
Oct 2000	500	1	31.23	5.15	$15,620
Sep 2000	313	1	31.87	5.19	$9,981
Aug 2000	501	1	29.64	4.54	$14,854
Jul 2000	163	1	28.53	4.09	$4,654
Jun 2000	337	1	29.30	4.40	$9,879
May 2000	322	1	27.26	3.68	$8,781
Apr 2000	320	1	24.51	3.12	$7,846
Mar 2000	338	1	28.42	2.86	$9,609
Feb 2000	499	1	27.62	2.73	$13,785
Jan 2000	328	1	25.27	2.48	$8,291
Dec 1999	515	1	24.28	2.42	$12,507
Nov 1999	342	1	23.19	2.43	$7,933
Oct 1999	336	1	20.98	2.80	$7,052
Sep 1999	501	1	21.75	2.62	$10,899
Aug 1999	336	1	19.26	2.88	$6,474
Jul 1999	510	1	17.89	2.37	$9,126
Jun 1999	494	1	15.94	2.36	$7,877
May 1999	508	1	15.79	2.32	$8,024
Apr 1999	342	1	15.10	2.21	$5,166
Mar 1999	514	1	12.47	1.84	$6,411
Feb 1999	337	1	9.98	1.82	$3,365
Jan 1999	536	1	10.38	1.90	$5,566
Dec 1998	507	1	9.20	1.77	$4,666
Nov 1998	349	1	10.89	2.19	$3,803
Oct 1998	508	1	12.42	1.97	$6,311
Sep 1998	506	1	12.59	2.08	$6,373
Aug 1998	527	1	11.30	1.91	$5,957
Jul 1998	529	1	11.74	2.24	$6,213
Jun 1998	534	1	11.24	2.24	$6,004
May 1998	534	1	12.62	2.21	$6,741
Apr 1998	356	1	13.04	2.51	$4,645
Mar 1998	529	1	12.80	2.31	$6,774
Feb 1998	523	1	13.95	2.30	$7,298
Jan 1998	530	1	14.70	2.15	$7,793
Dec 1997	529	1	16.32	2.41	$8,636
Nov 1997	529	1	18.19	3.09	$9,626
Oct 1997	533	1	19.25	3.15	$10,263
Sep 1997	532	1	17.74	2.95	$9,441
Aug 1997	708	1	17.86	2.55	$12,647
Jul 1997	356	1	17.58	2.25	$6,261
Jun 1997	531	1	17.24	2.26	$9,157
May 1997	542	1	18.97	2.31	$10,284
Apr 1997	363	1	17.88	2.08	$6,493
Mar 1997	542	1	18.95	1.94	$10,273
Feb 1997	530	1	20.49	2.21	$10,862
Jan 1997	557	1	23.48	3.54	$13,082
Dec 1996	547	1	23.32	—	$12,756
Nov 1996	520	1	21.97	—	$11,424
Oct 1996	542	1	23.31	—	$12,634
Sep 1996	714	1	22.22	—	$15,865
Aug 1996	534	1	20.26	—	$10,819
Jul 1996	537	1	19.55	—	$10,498
Jun 1996	539	1	18.73	—	$10,095
May 1996	718	1	19.43	—	$13,951
Apr 1996	534	1	21.51	—	$11,486
Mar 1996	535	1	19.38	—	$10,368
Feb 1996	538	1	16.98	—	$9,135
Jan 1996	536	1	17.07	—	$9,150
Dec 1995	531	1	17.19	—	$9,128
Nov 1995	538	1	16.00	—	$8,608
Oct 1995	723	1	15.43	—	$11,156
Sep 1995	531	1	16.18	—	$8,592
Aug 1995	516	1	15.92	—	$8,215
Jul 1995	537	1	15.24	—	$8,184
Jun 1995	696	1	16.41	—	$11,421
May 1995	536	1	17.56	—	$9,412
Apr 1995	523	1	17.73	—	$9,273
Mar 1995	544	1	16.44	—	$8,943
Feb 1995	546	1	16.58	—	$9,053
Jan 1995	365	1	15.92	—	$5,811
Dec 1994	535	1	15.03	—	$8,041
Nov 1994	544	1	15.90	—	$8,650
Oct 1994	532	1	15.58	—	$8,289
Sep 1994	545	1	15.29	—	$8,333
Aug 1994	520	1	16.13	—	$8,388
Jul 1994	706	1	17.56	—	$12,397
Jun 1994	517	1	17.09	—	$8,836
May 1994	541	1	15.88	—	$8,591
Apr 1994	470	1	14.14	—	$6,646
Mar 1994	719	1	12.46	—	$8,959
Feb 1994	549	1	12.50	—	$6,863
Jan 1994	550	1	12.66	—	$6,963
Dec 1993	531	1	12.33	—	$6,547
Nov 1993	872	1	14.49	—	$12,635
Oct 1993	723	1	15.85	—	$11,460
Sep 1993	532	1	15.03	—	$7,996
Aug 1993	536	1	15.66	—	$8,394
Jul 1993	897	1	15.46	—	$13,868
Jun 1993	708	1	16.79	—	$11,887
May 1993	881	1	17.68	—	$15,576
Apr 1993	895	1	18.05	—	$16,155
Mar 1993	1,062	1	18.14	—	$19,265
Feb 1993	909	1	17.90	—	$16,271
Jan 1993	1,066	1	16.93	—	$18,047

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.

Jan 2003 — as filed, then multipliedworked

Oil                   89 bbl  × $ 30.31 =     $2,698
Casinghead gas         0 Mcf  × $  5.58 =         $0

────────────────────────────────────────────────────
Month total                                   $2,698

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/25487 is the state's own key, not one this site invented.