SCHULTZ FAMILY
SCHULTZ FAMILY is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Strat Land Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2012 to August 2026, totalling 1,371,176 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 $665K, with roughly $125K 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 3,308 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 8,884 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 SCHULTZ FAMILY
- Who operates SCHULTZ FAMILY?
- SCHULTZ FAMILY is operated by Strat Land Exploration Company, Railroad Commission of Texas operator number 825420.
- Where is SCHULTZ FAMILY?
- SCHULTZ FAMILY is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 271506.
- Is SCHULTZ FAMILY still producing?
- SCHULTZ FAMILY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHULTZ FAMILY is August 2026.
- How much has SCHULTZ FAMILY produced?
- SCHULTZ FAMILY has reported 1,371,176 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2012 and August 2026, from 1 wellbore.
- How much is SCHULTZ FAMILY worth?
- The remaining production from SCHULTZ FAMILY is estimated to be worth about $665K in total as of 27 August 2026, within a range of $552K to $778K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHULTZ FAMILY is a fraction of it. The estimate fits an Arps decline curve to the production SCHULTZ FAMILY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHULTZ FAMILY is an estimate of value, not an offer and not an appraisal.
- How much income does SCHULTZ FAMILY generate in a year?
- SCHULTZ FAMILY is forecast to net about $125K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCHULTZ FAMILY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Strat Land Exploration Company |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 271506 |
| Wellbores | 1 |
| Reported production | 1,371,176 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $665K |
Where SCHULTZ FAMILY 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.