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Texas gas well

Producing

SCHULTZ "716"

Schultz "716" is a gas well in Lipscomb County, Texas, operated by Mewbourne Oil Company in the Lipscomb (Cleveland) field.

1 well

13,058mcf gas, last 12 months−5% vs prior year
Operator
Mewbourne Oil Company
County
Lipscomb County
Field
Lipscomb (Cleveland)
RRC lease
10-155795

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Oil, last 12 months
119 bbl
Gas in Jul 2026
1,044 mcf

Production by month

Gas output fell 5% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 5% over the last 12 monthsMonthly gas production and oil for SCHULTZ "716", Aug 2023 to Jul 2026. Gas output fell 5% over the last 12 months. 13,058 mcf in the 12 months through Jul 2026, against 13,675 mcf in the 12 months before.Last 12 months: 13,058 mcfmcf per monthbbl per month00500101,000201,500302,00040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 5% over the last 12 monthsMonthly gas production and oil for SCHULTZ "716", Aug 2023 to Jul 2026. Gas output fell 5% over the last 12 months. 13,058 mcf in the 12 months through Jul 2026, against 13,675 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500101,000201,500302,00040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
97% of the gas went to a transmission line in the last 12 monthsShare of SCHULTZ "716" gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a transmission line in the last 12 monthsShare of SCHULTZ "716" gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 12,722 mcf

  • Lease fuel (1)

    2.6% · 336 mcf

1 well on this lease

Wells on SCHULTZ "716"
API numberWell no.Status
42-295-309631Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCCondensateGathers100Jan 1, 2026–
Energy Transfer CompanyGas-well gasBuys100Jan 1, 2026–
Energy Transfer CompanyGas-well gasGathers100Nov 1, 2015–
Plains Marketing, L.p.CondensateGathers100Jul 1, 2000Jan 1, 2026
Mewbourne Oil CompanyGas-well gasBuys100Nov 6, 1995Jan 1, 2026

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

640 acres on the newest permit

Permits for Schultz "716"
API numberWell no.Acreson the permit
42-295-309631640

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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36 months, newest first

Ledger for SCHULTZ "716"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026301,0441,0170$80.46$2.89
Jun 2026301,0059770$84.81$3.15
May 2026501,0691,0440$102.13$2.94
Apr 20261701,0209960$100.32$2.77
Mar 20262001,0821,0560$91.38$3.04
Feb 20262301,0771,0510$64.51$3.62
Jan 2026901,1131,0830$60.04$7.72
Dec 20251501,1611,1310$57.97$4.26
Nov 2025801,0771,0480$60.06$3.79
Oct 20251001,1281,0980$60.89$3.19
Sep 202551681,1251,0950$63.96$2.97
Aug 2025101,1571,1260$64.86$2.91
Jul 2025401,1331,1020$68.39$3.20
Jun 2025001,1071,0770$68.17$3.02
May 2025301,1201,0920$62.17$3.12
Apr 20251201,1331,1030$63.54$3.42
Mar 2025101,1431,1140$68.24$4.12
Feb 2025009919630$71.53$4.19
Jan 2025001,1681,1370$75.74$4.13
Dec 2024001,1981,1670$70.12$3.01
Nov 2024001,1581,1280$69.95$2.12
Oct 2024001,1631,1330$71.99$2.20
Sep 2024201,1511,1220$70.24$2.28
Aug 2024301,2101,1810$76.68$1.99
Jul 20241701,1641,1330$81.80$2.07
Jun 20241801,0621,0350$79.77$2.54
May 20241701,1561,1260$80.02$2.12
Apr 20241001,2401,2100$85.35$1.60
Mar 20241701,2841,2540$81.28$1.49
Feb 20242001,2151,1860$77.25$1.72
Jan 20241301,2271,1970$74.15$3.18
Dec 2023501,3121,2810$71.90$2.52
Nov 2023301751,2641,2350$77.69$2.71
Oct 20231201,2571,2260$85.64$2.98
Sep 20231501,2251,1950$89.43$2.64
Aug 20231301,2601,2300$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorMewbourne Oil CompanyFieldLipscomb (Cleveland)CountyLipscomb County

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