SCHENDEL-REYNOLDS SA1

SCHENDEL-REYNOLDS SA1 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Marathon Oil Ef LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2024 to August 2026, totalling 1,105,254 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.8M, with roughly $1.4M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 24,568 thousand cubic feet a month. Its strongest month on the record we hold was June 2024, at 125,168 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about SCHENDEL-REYNOLDS SA1

Who operates SCHENDEL-REYNOLDS SA1?
SCHENDEL-REYNOLDS SA1 is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
Where is SCHENDEL-REYNOLDS SA1?
SCHENDEL-REYNOLDS SA1 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 296721.
Is SCHENDEL-REYNOLDS SA1 still producing?
SCHENDEL-REYNOLDS SA1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHENDEL-REYNOLDS SA1 is August 2026.
How much has SCHENDEL-REYNOLDS SA1 produced?
SCHENDEL-REYNOLDS SA1 has reported 1,105,254 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2024 and August 2026, from 1 wellbore.
How much is SCHENDEL-REYNOLDS SA1 worth?
The remaining production from SCHENDEL-REYNOLDS SA1 is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHENDEL-REYNOLDS SA1 is a fraction of it. The estimate fits an Arps decline curve to the production SCHENDEL-REYNOLDS SA1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHENDEL-REYNOLDS SA1 is an estimate of value, not an offer and not an appraisal.
How much income does SCHENDEL-REYNOLDS SA1 generate in a year?
SCHENDEL-REYNOLDS SA1 is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHENDEL-REYNOLDS SA1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SCHENDEL-REYNOLDS SA1 as filed with the Railroad Commission of Texas
OperatorMarathon Oil Ef LLC
FieldSugarkane (Eagle Ford)
CountyKarnes County, Texas
RRC district02
Lease number296721
Wellbores1
Reported production1,105,254 mcf
First reported
Last reported
Estimated royalty value$1.8M

Where SCHENDEL-REYNOLDS SA1 sits

Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.