SCHNEIDER UNIT
SCHNEIDER UNIT is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Range Production Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2000 to August 2026, totalling 1,216,715 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 $370K, with roughly $80K 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 2,843 thousand cubic feet a month. Its strongest month on the record we hold was July 2023, at 4,224 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 SCHNEIDER UNIT
- Who operates SCHNEIDER UNIT?
- SCHNEIDER UNIT is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
- Where is SCHNEIDER UNIT?
- SCHNEIDER UNIT is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 179051.
- Is SCHNEIDER UNIT still producing?
- SCHNEIDER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHNEIDER UNIT is August 2026.
- How much has SCHNEIDER UNIT produced?
- SCHNEIDER UNIT has reported 1,216,715 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2000 and August 2026, from 1 wellbore.
- How much is SCHNEIDER UNIT worth?
- The remaining production from SCHNEIDER UNIT is estimated to be worth about $370K in total as of 27 August 2026, within a range of $307K to $433K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHNEIDER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SCHNEIDER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHNEIDER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SCHNEIDER UNIT generate in a year?
- SCHNEIDER UNIT is forecast to net about $80K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCHNEIDER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Range Production Company |
|---|---|
| Field | Perryton (Morrow, Lower) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 179051 |
| Wellbores | 1 |
| Reported production | 1,216,715 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $370K |
Where SCHNEIDER UNIT 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.