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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

18,184mcf gas, last 12 months−17% vs prior year
Operator
Mewbourne Oil Company
County
Lipscomb County
Field
Lipscomb (Cleveland)
RRC lease
10-269126

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Oil, last 12 months
780 bbl
Gas in Jul 2026
1,872 mcf

Production by month

Gas output fell 17% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 17% over the last 12 monthsMonthly gas production and oil for SCHULTZ '716', Aug 2023 to Jul 2026. Gas output fell 17% over the last 12 months. 18,184 mcf in the 12 months through Jul 2026, against 22,041 mcf in the 12 months before.Last 12 months: 18,184 mcfmcf per monthbbl per month00500501,0001001,5001502,0002002,500250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 17% over the last 12 monthsMonthly gas production and oil for SCHULTZ '716', Aug 2023 to Jul 2026. Gas output fell 17% over the last 12 months. 18,184 mcf in the 12 months through Jul 2026, against 22,041 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500501,0001001,5001502,0002002,500250Jan 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% · 19,555 mcf

  • Lease fuel (1)

    1.8% · 355 mcf

1 well on this lease

Wells on SCHULTZ '716'
API numberWell no.Status
42-295-3384610HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Cp Energy, L.l.c.CondensateGathers100Feb 1, 2015
Pvr Natural Gas Gathering, LLCGas-well gasBuys100Sep 19, 2012
Pvr Natural Gas Gathering, LLCGas-well gasGathers100Sep 19, 2012

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
42-295-3384610H647.20

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 20261161911,8721,8410$80.46$2.89
Jun 20267502,2312,2010$84.81$3.15
May 20262075450$102.13$2.94
Apr 20265001,3771,3470$100.32$2.77
Mar 2026671871,8081,7770$91.38$3.04
Feb 20266301,6341,6070$64.51$3.62
Jan 2026761941,9201,8890$60.04$7.72
Dec 20257801,7961,7650$57.97$4.26
Nov 20256501,4771,4470$60.06$3.79
Oct 2025861931,9141,8840$60.89$3.19
Sep 202510202,0802,0530$63.96$2.97
Aug 202500000$64.86$2.91
Jul 2025981901,7261,6990$68.39$3.20
Jun 20257501,8731,8430$68.17$3.02
May 20251261922,0312,0000$62.17$3.12
Apr 20256801,8411,8110$63.54$3.42
Mar 2025731851,9781,9470$68.24$4.12
Feb 20258702,3282,3000$71.53$4.19
Jan 20257202,3512,3200$75.74$4.13
Dec 20241041861,9661,9350$70.12$3.01
Nov 20246301,9301,9000$69.95$2.12
Oct 20241101781,9051,8740$71.99$2.20
Sep 20241203172870$70.24$2.28
Aug 20247801,7951,7640$76.68$1.99
Jul 2024401851,0831,0520$81.80$2.07
Jun 2024501,5221,4920$79.77$2.54
May 20246701,8071,7760$80.02$2.12
Apr 202411001,7381,7080$85.35$1.60
Mar 2024541841,7441,7130$81.28$1.49
Feb 20245801,6761,6490$77.25$1.72
Jan 20241141811,6781,6500$74.15$3.18
Dec 20231041861,8291,7980$71.90$2.52
Nov 202311101,8171,7870$77.69$2.71
Oct 20239301,4101,3790$85.64$2.98
Sep 2023001,6811,6510$89.43$2.64
Aug 2023341818608290$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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