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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

11,835mcf gas, last 12 months+29% vs prior year
Operator
Mewbourne Oil Company
County
Lipscomb County
Field
Lipscomb (Cleveland)
RRC lease
10-269238

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Oil, last 12 months
625 bbl
Gas in Jul 2026
1,176 mcf

Production by month

Gas output rose 29% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 29% over the last 12 monthsMonthly gas production and oil for SCHULTZ "716", Aug 2023 to Jul 2026. Gas output rose 29% over the last 12 months. 11,835 mcf in the 12 months through Jul 2026, against 9,188 mcf in the 12 months before.Last 12 months: 11,835 mcfmcf per monthbbl per month00500251,000501,500752,0001002,500125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 29% over the last 12 monthsMonthly gas production and oil for SCHULTZ "716", Aug 2023 to Jul 2026. Gas output rose 29% over the last 12 months. 11,835 mcf in the 12 months through Jul 2026, against 9,188 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500251,000501,500752,0001002,500125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuelShare of SCHULTZ "716" gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2025: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuelShare of SCHULTZ "716" gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Mar 25: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 11,498 mcf

  • Lease fuel (1)

    2.8% · 337 mcf

1 well on this lease

Wells on SCHULTZ "716"
API numberWell no.Status
42-295-337429HActive

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
42-295-337429H647.20

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 20266001,1761,1450$80.46$2.89
Jun 2026941941,2861,2560$84.81$3.15
May 20261141982,3802,3490$102.13$2.94
Apr 202611001,3341,3040$100.32$2.77
Mar 202624093690$91.38$3.04
Feb 20262004574290$64.51$3.62
Jan 2026291805134820$60.04$7.72
Dec 2025205455150$57.97$4.26
Nov 20254307777470$60.06$3.79
Oct 20253409459140$60.89$3.19
Sep 20255701,2211,1910$63.96$2.97
Aug 20253801,1081,0970$64.86$2.91
Jul 2025141892352250$68.39$3.20
Jun 20253807387080$68.17$3.02
May 20254008227910$62.17$3.12
Apr 20255709108800$63.54$3.42
Mar 2025711838568250$68.24$4.12
Feb 20250053250$71.53$4.19
Jan 20250057260$75.74$4.13
Dec 20246307707390$70.12$3.01
Nov 20241708137830$69.95$2.12
Oct 20246409499180$71.99$2.20
Sep 2024483491,8251,7950$70.24$2.28
Aug 20245001,1601,1290$76.68$1.99
Jul 20243501,6081,5770$81.80$2.07
Jun 2024001,0279970$79.77$2.54
May 20243909989670$80.02$2.12
Apr 20243509619310$85.35$1.60
Mar 20245101,0139820$81.28$1.49
Feb 20244207757470$77.25$1.72
Jan 2024591811,0991,0720$74.15$3.18
Dec 20236709979660$71.90$2.52
Nov 20235207947700$77.69$2.71
Oct 20233501,1841,1530$85.64$2.98
Sep 2023521821,1771,1470$89.43$2.64
Aug 20234801,5141,4830$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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