SCHMIDT

Operated by C & E OPERATING, INC. (P-5 120079) in the PEPONI RANCH (FRIO 4800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170253District 02Field 70553200CondensateGasSaveExport
Value, all time
$2.9 M
Aug 1998 – Aug 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
169
no gaps in the span
Streams
2
condensate, gas

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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1998-03-20
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/99.

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.

StreamBasisVolumeValue
CondensateDisposition17,535 bbl$468,465
GasProduction778,545 Mcf$2,453,669
Total$2,922,134

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.3264, -97.4009. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32635, -97.40087 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,027 ft
1 wells filed one
Completion to plug
14.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,027 ft.

Completions filed
Aug 1998
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3913223816,027 ftAug 1998Aug 2012Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (169)

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

169 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20110199105.964.33$862
Mar 201101,74996.364.06$7,096
Feb 20110085.644.18$0
Jan 2011016486.504.59$753
Dec 2010077985.734.35$3,387
Nov 2010058480.843.80$2,216
Oct 2010038278.103.51$1,340
Sep 2010045672.633.98$1,815
Aug 201001,07773.684.42$4,760
Jul 2010075172.554.74$3,557
Jun 2010064370.364.91$3,157
May 2010060271.124.24$2,550
Apr 2010086781.694.12$3,574
Mar 2010070178.394.39$3,076
Feb 2010027473.585.44$1,491
Jan 2010070674.365.96$4,211
Dec 2009082471.445.48$4,519
Nov 2009055274.593.75$2,071
Oct 2009090072.544.11$3,699
Sep 2009073465.543.06$2,250
Aug 200901,07367.423.22$3,453
Jul 2009076761.133.46$2,657
Jun 2009092666.163.90$3,607
May 2009089854.743.93$3,525
Apr 2009054446.773.59$1,952
Mar 2009074742.144.06$3,032
Feb 2009065432.814.63$3,030
Jan 2009042635.865.37$2,288
Dec 2008059437.105.98$3,550
Nov 2008066955.496.86$4,590
Oct 2008067675.246.92$4,679
Sep 20080459101.767.88$3,616
Aug 20080624114.228.48$5,293
Jul 20080748131.0811.39$8,519
Jun 20080935131.3313.03$12,186
May 20080287123.1711.57$3,322
Apr 20080892110.3110.45$9,326
Mar 20080663101.909.66$6,407
Feb 2008046892.538.77$4,105
Jan 2008069590.388.21$5,703
Dec 2007079588.337.30$5,805
Nov 2007085291.677.29$6,213
Oct 2007079782.856.92$5,517
Sep 2007077775.846.24$4,852
Aug 200701,39069.066.39$8,879
Jul 2007062970.906.39$4,018
Jun 200701,25262.007.55$9,451
May 20071701,33558.747.85$20,461
Apr 200701,28159.617.81$9,998
Mar 20071831,55256.927.30$21,749
Feb 20071841,42655.108.22$21,854
Jan 200701,41150.306.73$9,492
Dec 2006057956.656.92$4,006
Nov 2006067254.207.62$5,119
Oct 200618085554.906.01$15,024
Sep 200601,28360.085.04$6,463
Aug 20061601,92968.717.34$25,152
Jul 200602,14569.376.34$13,605
Jun 20061811,81366.286.38$23,571
May 200601,97166.016.42$12,664
Apr 20061822,28564.397.36$28,538
Mar 200602,06656.707.08$14,633
Feb 20061842,12057.597.75$27,029
Jan 200601,51260.598.93$13,507
Dec 20051711,61554.9413.42$31,061
Nov 200501,06754.6910.59$11,298
Oct 200501,13158.3413.80$15,603
Sep 200501,57361.4512.08$19,000
Aug 200501,94961.519.80$19,094
Jul 20051601,75455.697.84$22,668
Jun 200501,64352.337.38$12,127
May 200501,78345.226.65$11,859
Apr 200502,56449.207.36$18,872
Mar 20051663,28950.377.15$31,894
Feb 200501,59145.226.31$10,042
Jan 200501,13743.166.32$7,188
Dec 20041682,20539.866.75$21,583
Nov 200402,19345.286.33$13,883
Oct 200402,20749.706.52$14,379
Sep 200402,34543.245.28$12,391
Aug 200402,56442.375.55$14,232
Jul 20041752,52138.286.08$22,037
Jun 200402,59136.106.43$16,668
May 200402,55537.486.49$16,594
Apr 200402,10534.475.86$12,332
Mar 200402,13934.365.53$11,829
Feb 200402,33532.455.51$12,865
Jan 20041662,21032.036.30$19,239
Dec 200302,32530.266.30$14,651
Nov 200302,35428.804.60$10,817
Oct 200302,55328.174.76$12,151
Sep 200302,58826.314.75$12,291
Aug 200302,77029.765.13$14,209
Jul 200302,71029.415.17$14,013
Jun 200302,89628.565.98$17,327
May 200302,97126.595.97$17,745
Apr 20031422,94126.675.41$19,690
Mar 200303,03531.146.10$18,501
Feb 200302,60733.487.93$20,663
Jan 200303,06630.315.58$17,115
Dec 200203,16726.914.85$15,372
Nov 200203,02124.664.14$12,498
Oct 200203,03526.464.23$12,835
Sep 200203,04027.443.64$11,051
Aug 200202,78525.963.16$8,812
Jul 200203,85624.583.06$11,806
Jun 200204,11023.733.34$13,720
May 200203,92524.663.58$14,067
Apr 200204,08423.653.51$14,344
Mar 200204,42222.003.10$13,720
Feb 20021554,06818.222.38$12,488
Jan 200204,66317.172.38$11,078
Dec 200104,57516.932.36$10,817
Nov 200104,91118.072.41$11,814
Oct 200104,61619.782.53$11,673
Sep 20011816,28024.262.25$18,529
Aug 200106,41324.873.05$19,580
Jul 20011562,62123.933.20$12,113
Jun 2001085424.563.82$3,266
May 20011521,27225.524.31$9,358
Apr 20013011,79624.685.34$17,011
Mar 20016331,27324.545.38$22,378
Feb 20015111,25127.755.77$21,395
Jan 20016642,12727.478.40$36,104
Dec 20004721,06026.889.12$22,357
Nov 20003392,46332.215.66$24,855
Oct 20003402,06131.235.15$21,223
Sep 20001821,54131.875.19$13,793
Aug 20003042,02829.644.54$18,219
Jul 20003821,40628.534.09$16,649
Jun 20003212,13929.304.40$18,811
May 20006232,71027.263.68$26,955
Apr 20004502,00624.513.12$17,280
Mar 20006231,52528.422.86$22,067
Feb 20006021,96127.622.73$21,974
Jan 20008025,73725.272.48$34,497
Dec 19997518,05924.282.42$37,767
Nov 19994399,78323.192.43$33,992
Oct 199957112,92820.982.80$48,226
Sep 199945715,21821.752.62$49,793
Aug 199961335,33119.262.88$113,404
Jul 199930440,59217.892.37$101,738
Jun 199931140,27215.942.36$100,084
May 199948640,92715.792.32$102,666
Apr 199923835,68115.102.21$82,379
Mar 199931526,29612.471.84$52,269
Feb 199951523,4899.981.82$47,838
Jan 199946737,85910.381.90$76,778
Dec 199845866,7329.201.77$122,551
Nov 199866662,56110.892.19$143,994
Oct 199817954,91312.421.97$110,358
Sep 1998017,66012.592.08$36,779
Aug 1998014411.301.91$275

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.

Apr 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $105.96 =         $0
Gas                  199 Mcf  × $  4.33 =       $862

────────────────────────────────────────────────────
Month total                                     $862

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. 02/G/170253 is the state's own key, not one this site invented.