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 172629District 02Field 70553200CondensateGasSaveExport
Value, all time
$2.4 M
Jan 1999 – May 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
149
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
CondensateDisposition2,593 bbl$52,933
GasProduction735,713 Mcf$2,392,636
Total$2,445,569

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 28.3153, -97.4103. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.31528, -97.41035 · 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
6,050 ft
1 wells filed one
Completion to plug
12.3 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 6,050 ft.

Completions filed
Jan 1999
1 of 1 wells
Plug dates filed
May 2011
1 of 1 wells

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3913225926,050 ftJan 1999May 2011Yes

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 (149)

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

149 months

May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010030674.365.96$1,825
Dec 2009040971.445.48$2,243
Nov 2009050974.593.75$1,910
Oct 2009044272.544.11$1,817
Sep 2009043765.543.06$1,339
Aug 2009046367.423.22$1,490
Jul 2009048161.133.46$1,666
Jun 2009048966.163.90$1,905
May 2009053354.743.93$2,092
Apr 2009053846.773.59$1,930
Mar 2009061642.144.06$2,500
Feb 2009042632.814.63$1,974
Jan 2009040835.865.37$2,191
Dec 2008041637.105.98$2,486
Nov 2008048555.496.86$3,327
Oct 2008040975.246.92$2,831
Sep 20080347101.767.88$2,733
Aug 20080404114.228.48$3,427
Jul 20080322131.0811.39$3,667
Jun 20080397131.3313.03$5,174
May 20080403123.1711.57$4,664
Apr 20080398110.3110.45$4,161
Mar 20080389101.909.66$3,759
Feb 2008037592.538.77$3,289
Jan 2008040890.388.21$3,348
Dec 2007052488.337.30$3,826
Nov 2007053591.677.29$3,901
Oct 2007051682.856.92$3,572
Sep 2007049175.846.24$3,066
Aug 2007046769.066.39$2,983
Jul 2007048270.906.39$3,079
Jun 2007047162.007.55$3,555
May 2007053758.747.85$4,213
Apr 2007034859.617.81$2,716
Mar 2007055856.927.30$4,075
Feb 2007050655.108.22$4,157
Jan 2007057550.306.73$3,868
Dec 2006028256.656.92$1,951
Nov 2006015754.207.62$1,196
Oct 2006047354.906.01$2,845
Sep 2006045160.085.04$2,272
Aug 2006050268.717.34$3,685
Jul 2006049469.376.34$3,133
Jun 2006055966.286.38$3,569
May 2006058966.016.42$3,784
Apr 2006066864.397.36$4,917
Mar 2006071756.707.08$5,078
Feb 2006070057.597.75$5,426
Jan 2006082860.598.93$7,397
Dec 2005071154.9413.42$9,538
Nov 2005058254.6910.59$6,162
Oct 2005072958.3413.80$10,057
Sep 2005058261.4512.08$7,030
Aug 2005075961.519.80$7,436
Jul 200501,03755.697.84$8,134
Jun 200501,13752.337.38$8,392
May 200501,40545.226.65$9,345
Apr 200501,47249.207.36$10,835
Mar 200501,04750.377.15$7,491
Feb 2005092545.226.31$5,839
Jan 200501,25643.166.32$7,941
Dec 200401,38539.866.75$9,350
Nov 200401,40745.286.33$8,907
Oct 200401,50649.706.52$9,812
Sep 200401,58943.245.28$8,396
Aug 200401,66842.375.55$9,259
Jul 200401,68738.286.08$10,264
Jun 200401,96136.106.43$12,615
May 200401,20437.486.49$7,819
Apr 200401,01934.475.86$5,970
Mar 200401,08634.365.53$6,006
Feb 200401,00032.455.51$5,510
Jan 200401,33032.036.30$8,379
Dec 200301,30830.266.30$8,243
Nov 200301,32028.804.60$6,066
Oct 200301,32828.174.76$6,321
Sep 200301,95426.314.75$9,280
Aug 200302,65329.765.13$13,609
Jul 200302,18929.415.17$11,319
Jun 200302,23228.565.98$13,354
May 200302,51726.595.97$15,033
Apr 200301,72026.675.41$9,301
Mar 200301,88531.146.10$11,491
Feb 200302,41933.487.93$19,173
Jan 200302,94430.315.58$16,434
Dec 200202,82526.914.85$13,712
Nov 200203,66024.664.14$15,141
Oct 200203,17826.464.23$13,440
Sep 200203,17427.443.64$11,538
Aug 200203,40925.963.16$10,787
Jul 200204,03324.583.06$12,348
Jun 200204,27823.733.34$14,281
May 200204,35524.663.58$15,608
Apr 200204,22423.653.51$14,836
Mar 200202,54922.003.10$7,909
Feb 2002601,83718.222.38$5,457
Jan 200202,38317.172.38$5,661
Dec 200102,32716.932.36$5,502
Nov 200102,34218.072.41$5,634
Oct 200102,39219.782.53$6,049
Sep 200102,71924.262.25$6,121
Aug 200102,44324.873.05$7,459
Jul 200102,49623.933.20$7,980
Jun 200102,35824.563.82$9,017
May 200101,47325.524.31$6,345
Apr 200101,48024.685.34$7,896
Mar 200102,21024.545.38$11,882
Feb 200101,19527.755.77$6,892
Jan 200101,94427.478.40$16,327
Dec 200002,92026.889.12$26,638
Nov 200002,39032.215.66$13,523
Oct 200003,51231.235.15$18,071
Sep 200004,77131.875.19$24,745
Aug 2000019,52029.644.54$88,635
Jul 2000011,39028.534.09$46,582
Jun 200016617,06729.304.40$79,912
May 2000033,43427.263.68$123,029
Apr 200017228,41224.513.12$92,748
Mar 200015332,87528.422.86$98,363
Feb 200016435,97527.622.73$102,616
Jan 2000033,95325.272.48$84,220
Dec 199916931,66724.282.42$80,855
Nov 199917735,80423.192.43$91,251
Oct 1999031,98620.982.80$89,679
Sep 199916532,08421.752.62$87,612
Aug 199917536,11519.262.88$107,223
Jul 199933237,59817.892.37$95,136
Jun 199916636,88415.942.36$89,770
May 199917636,43315.792.32$87,341
Apr 199933932,37615.102.21$76,607
Mar 199917926,57312.471.84$51,082
Feb 1999023,7939.981.82$43,251
Jan 199906,70410.381.90$12,737

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.

Jan 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.36 =         $0
Gas                  306 Mcf  × $  5.96 =     $1,825

────────────────────────────────────────────────────
Month total                                   $1,825

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/172629 is the state's own key, not one this site invented.