SCHMIDT

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

Operated by CROWNQUEST OPERATING, LLC (P-5 191554) in the ACKERLY (DEAN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 62782District 8AField 00448200OilCasinghead gasSave Export

Value, all time

$725 k

Jan 1993 – Jun 2015

Value, last 12 filed months

$125

at the published price for each month

Months reported

270

no gaps in the span

Streams

oil, casinghead gas

The ACKERLY (DEAN SAND) 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 350 leases and 843 wells, and the rule below applies to all of them.

Discovered

1954-06-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

900 ft

minimum

From a lease line

550 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-01-24.

The Commission's schedule remark for this field reads: “RULES.”

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	11,142 bbl	$725,102
Casinghead gas	Production	14 Mcf	$0
Total			$725,102

14 Mcf of this lease's gas, across 14 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.

Every month this lease reported (270)

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

270 months


Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	1	0	54.69	3.59	$55
Nov 2014	1	0	70.46	4.25	$70
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	1	0	94.73	4.73	$95
Apr 2014	162	0	95.94	4.81	$15,542
Mar 2014	1	0	95.89	5.06	$96
Feb 2014	2	0	97.40	6.19	$195
Jan 2014	147	0	90.40	4.86	$13,289
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	157	0	97.42	3.78	$15,295
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	165	0	104.25	3.52	$17,201
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	181	0	93.96	4.28	$17,007
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	177	0	86.77	3.42	$15,358
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	176	0	94.67	2.92	$16,662
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	181	0	85.13	3.02	$15,409
Jun 2012	0	0	79.82	2.52	$0
May 2012	176	0	91.61	2.49	$16,123
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	181	0	105.05	2.22	$19,014
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	179	0	98.09	2.73	$17,558
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	181	0	95.72	3.31	$17,325
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	179	0	83.62	3.99	$14,968
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	180	0	94.14	4.52	$16,945
Jun 2011	177	0	92.90	4.64	$16,443
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	179	0	96.36	4.06	$17,248
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	185	0	86.50	4.59	$16,003
Dec 2010	1	0	85.73	4.35	$86
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	172	0	78.10	3.51	$13,433
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	175	0	73.68	4.42	$12,894
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	177	0	70.36	4.91	$12,454
May 2010	0	0	71.12	4.24	$0
Apr 2010	179	0	81.69	4.12	$14,623
Mar 2010	178	0	78.39	4.39	$13,953
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	170	0	74.36	5.96	$12,641
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	181	0	74.59	3.75	$13,501
Oct 2009	180	0	72.54	4.11	$13,057
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	177	0	67.42	3.22	$11,933
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	177	0	66.16	3.90	$11,710
May 2009	174	0	54.74	3.93	$9,525
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	177	0	42.14	4.06	$7,459
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	174	0	35.86	5.37	$6,240
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	160	0	123.17	11.57	$19,707
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	1	0	92.53	8.77	$93
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	174	0	69.06	6.39	$12,016
Jul 2007	170	0	70.90	6.39	$12,053
Jun 2007	186	0	62.00	7.55	$11,532
May 2007	179	0	58.74	7.85	$10,514
Apr 2007	177	0	59.61	7.81	$10,551
Mar 2007	175	0	56.92	7.30	$9,961
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	175	0	56.65	6.92	$9,914
Nov 2006	180	0	54.20	7.62	$9,756
Oct 2006	179	0	54.90	6.01	$9,827
Sep 2006	179	0	60.08	5.04	$10,754
Aug 2006	183	0	68.71	7.34	$12,574
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	177	0	66.28	6.38	$11,732
May 2006	180	0	66.01	6.42	$11,882
Apr 2006	181	0	64.39	7.36	$11,655
Mar 2006	177	0	56.70	7.08	$10,036
Feb 2006	185	0	57.59	7.75	$10,654
Jan 2006	361	0	60.59	8.93	$21,873
Dec 2005	182	0	54.94	13.42	$9,999
Nov 2005	373	0	54.69	10.59	$20,399
Oct 2005	181	0	58.34	13.80	$10,560
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	130	0	52.33	7.38	$6,803
May 2005	0	0	45.22	6.65	$0
Apr 2005	68	0	49.20	7.36	$3,346
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	0	0	30.31	5.58	$0
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	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	1	15.29	—	$0
Aug 1994	177	1	16.13	—	$2,855
Jul 1994	0	1	17.56	—	$0
Jun 1994	11	0	17.09	—	$188
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	1	12.46	—	$0
Feb 1994	0	1	12.50	—	$0
Jan 1994	156	1	12.66	—	$1,975
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	1	14.49	—	$0
Oct 1993	175	1	15.85	—	$2,774
Sep 1993	180	1	15.03	—	$2,705
Aug 1993	166	1	15.66	—	$2,600
Jul 1993	0	1	15.46	—	$0
Jun 1993	174	1	16.79	—	$2,921
May 1993	175	1	17.68	—	$3,094
Apr 1993	354	1	18.05	—	$6,390
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	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.

Dec 2014 — as filed, then multipliedworked

Oil                    1 bbl  × $ 54.69 =        $55
Casinghead gas         0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                      $55

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. 8A/O/62782 is the state's own key, not one this site invented.