SCHOELLMANN

Operated by NEW CENTURY EXPLORATION, INC. (P-5 606055) in the LYDIA (4100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243212District 03Field 55890500CondensateGasSaveExport
Value, all time
$1.3 M
Dec 2006 – Aug 2009
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
33
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1979-02-01
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 07/01/97.

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
CondensateDisposition22 bbl$1,322
GasProduction167,118 Mcf$1,310,555
Total$1,311,877

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 29.3976, -96.3899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.39761, -96.38986 · 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
4,500 ft
1 wells filed one
Completion to plug
2.8 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 4,500 ft.

Completions filed
Nov 2006
1 of 1 wells
Plug dates filed
Aug 2009
1 of 1 wells

Last completion to plug: a median of 2.8 years across the 1 well that filed both dates, with the middle half between 2.8 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0893248924,500 ftNov 2006Aug 2009Yes

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 (33)

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

33 months

Aug 2009067167.423.22$2,160
Jul 20091882861.133.46$3,969
Jun 200901,89066.163.90$7,362
May 200902,01054.743.93$7,891
Apr 200902,46346.773.59$8,836
Mar 2009035442.144.06$1,437
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008078637.105.98$4,698
Nov 200844,25355.496.86$29,399
Oct 200803,99575.246.92$27,653
Sep 200805,940101.767.88$46,790
Aug 200804,337114.228.48$36,791
Jul 200803,691131.0811.39$42,038
Jun 200804,365131.3313.03$56,887
May 200806,392123.1711.57$73,983
Apr 200807,714110.3110.45$80,649
Mar 200808,424101.909.66$81,410
Feb 200807,91492.538.77$69,410
Jan 200808,82990.388.21$72,448
Dec 200708,96288.337.30$65,440
Nov 200708,52591.677.29$62,162
Oct 200709,23282.856.92$63,904
Sep 200708,85475.846.24$55,286
Aug 200706,40469.066.39$40,908
Jul 200705,49670.906.39$35,108
Jun 200705,58862.007.55$42,181
May 200706,63358.747.85$52,044
Apr 200706,31259.617.81$49,266
Mar 200707,66656.927.30$55,977
Feb 200706,60855.108.22$54,291
Jan 200707,30250.306.73$49,119
Dec 200604,68056.656.92$32,378

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.

Aug 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.42 =         $0
Gas                  671 Mcf  × $  3.22 =     $2,160

────────────────────────────────────────────────────
Month total                                   $2,160

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. 03/G/243212 is the state's own key, not one this site invented.