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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

19,464mcf gas, last 12 months−8% vs prior year
Operator
Mewbourne Oil Company
County
Lipscomb County
Field
Lipscomb (Cleveland)
RRC lease
10-249900

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Oil, last 12 months
600 bbl
Gas in Jul 2026
1,802 mcf

Production by month

Gas output fell 8% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 8% over the last 12 monthsMonthly gas production and oil for SCHULTZ "716", Aug 2023 to Jul 2026. Gas output fell 8% over the last 12 months. 19,464 mcf in the 12 months through Jul 2026, against 21,189 mcf in the 12 months before.Last 12 months: 19,464 mcfmcf per monthbbl per month001,000502,0001003,0001504,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 8% over the last 12 monthsMonthly gas production and oil for SCHULTZ "716", Aug 2023 to Jul 2026. Gas output fell 8% over the last 12 months. 19,464 mcf in the 12 months through Jul 2026, against 21,189 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000502,0001003,0001504,000200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
98% 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. 98% 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
98% 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. 98% 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)

    98% · 19,101 mcf

  • Lease fuel (1)

    1.9% · 363 mcf

1 well on this lease

Wells on SCHULTZ "716"
API numberWell no.Status
42-295-334846HActive

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 gasBuys100Nov 1, 2015–
Energy Transfer CompanyGas-well gasGathers100Nov 1, 2015–
Plains Marketing, L.p.CondensateGathers100Apr 16, 2009Jan 1, 2026

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

Who buys my oilOil price check

647.20 acres on the newest permit

Permits for Schultz "716"
API numberWell no.Acreson the permit
42-295-334846H647.20

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

Unit decimal checker

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36 months, newest first

Ledger for SCHULTZ "716"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266401,8021,7710$80.46$2.89
Jun 20265301,6861,6560$84.81$3.15
May 20264301,6501,6200$102.13$2.94
Apr 20264901,6241,5940$100.32$2.77
Mar 2026423531,5261,4950$91.38$3.04
Feb 2026001,5251,4980$64.51$3.62
Jan 20266701,7431,7120$60.04$7.72
Dec 20255301,4951,4640$57.97$4.26
Nov 20255901,5091,4790$60.06$3.79
Oct 2025771791,6131,5820$60.89$3.19
Sep 20255101,6051,5750$63.96$2.97
Aug 20254201,6861,6550$64.86$2.91
Jul 2025621721,6901,6590$68.39$3.20
Jun 20259701,6721,6420$68.17$3.02
May 2025211721,7551,7240$62.17$3.12
Apr 202510101,7511,7210$63.54$3.42
Mar 2025733581,9231,8920$68.24$4.12
Feb 20259401,8871,8590$71.53$4.19
Jan 20253101,9781,9470$75.74$4.13
Dec 20249901,8661,8350$70.12$3.01
Nov 202411801,8521,8220$69.95$2.12
Oct 20249501,5141,4830$71.99$2.20
Sep 2024671891,4421,4120$70.24$2.28
Aug 20247201,8591,8280$76.68$1.99
Jul 20248901,8761,8450$81.80$2.07
Jun 2024561871,8181,7880$79.77$2.54
May 20247201,9131,8820$80.02$2.12
Apr 2024911712,0742,0440$85.35$1.60
Mar 2024901802,1362,1050$81.28$1.49
Feb 202413102,0332,0050$77.25$1.72
Jan 20241121832,5032,4770$74.15$3.18
Dec 20235502,2552,2240$71.90$2.52
Nov 20231173512,1002,0700$77.69$2.71
Oct 20237201,8481,8170$85.64$2.98
Sep 20237702,1192,0890$89.43$2.64
Aug 20231381761,9771,9460$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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