SCHENDEL 02
SCHENDEL 02 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 972,907 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 $3.0M, with roughly $641K 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 3,756 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 15,270 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 02
- Who operates SCHENDEL 02?
- SCHENDEL 02 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SCHENDEL 02?
- SCHENDEL 02 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 276876.
- Is SCHENDEL 02 still producing?
- SCHENDEL 02 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHENDEL 02 is August 2026.
- How much has SCHENDEL 02 produced?
- SCHENDEL 02 has reported 972,907 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is SCHENDEL 02 worth?
- The remaining production from SCHENDEL 02 is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.5M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHENDEL 02 is a fraction of it. The estimate fits an Arps decline curve to the production SCHENDEL 02 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHENDEL 02 is an estimate of value, not an offer and not an appraisal.
- How much income does SCHENDEL 02 generate in a year?
- SCHENDEL 02 is forecast to net about $641K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHENDEL 02 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 276876 |
| Wellbores | 1 |
| Reported production | 972,907 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where SCHENDEL 02 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.