SCHEINEMAN, J. A. ESTATE

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the MONT (WILCOX 10640) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206908District 02Field 62518650CondensateGasSaveExport
Value, all time
$1.6 M
Jul 2004 – Dec 2005
Value, last 12 filed months
$778 k
at the published price for each month
Months reported
18
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
1983-01-28
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 08/01/2005.

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
CondensateDisposition4,009 bbl$189,945
GasProduction194,240 Mcf$1,369,907
Total$1,559,852

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 29.3840, -96.9511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.38398, -96.95106 · 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
10,532 ft
1 wells filed one
Completion to plug
4.8 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 10,532 ft.

Completions filed
Jun 2009
1 of 1 wells
Plug dates filed
Apr 2014
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28533076210,532 ftJun 2009Apr 2014Yes

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 (18)

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

18 months

Dec 200525868654.9413.42$23,377
Nov 20051924,82354.6910.59$61,568
Oct 2005776,67258.3413.80$96,537
Sep 200505,71361.4512.08$69,007
Aug 2005595,49161.519.80$57,424
Jul 2005305,21755.697.84$42,591
Jun 2005685,66952.337.38$45,402
May 2005814,84545.226.65$35,888
Apr 20051117,58149.207.36$61,261
Mar 200523911,08150.377.15$91,322
Feb 200513213,03945.226.31$88,270
Jan 200526214,86943.166.32$105,313
Dec 200443018,77139.866.75$143,864
Nov 200477229,59845.286.33$222,324
Oct 200481429,49049.706.52$232,586
Sep 200448430,69543.245.28$183,117
Aug 20040042.375.55$0
Jul 20040038.286.08$0

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.

Dec 2005 — as filed, then multipliedworked
Condensate           258 bbl  × $ 54.94 =    $14,175
Gas                  686 Mcf  × $ 13.42 =     $9,203

────────────────────────────────────────────────────
Month total                                  $23,377

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/206908 is the state's own key, not one this site invented.