SCHMIDT, OSCAR B

SCHMIDT, OSCAR B is a Texas oil lease in Medina County, Railroad Commission district 01, operated by Wealth Quest International, Inc. It has 8 wellbores on file with the Commission. Reported production runs from January 2005 to August 2026, totalling 14,775 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $2K, with roughly $309 expected over the next twelve months.

OperatorWealth Quest International, Inc
FieldTaylor-Ina
CountyMedina County, Texas
RRC district01
Lease number14565
Wellbores8
Reported production14,775 bbl
First reportedJanuary 2005
Last reportedAugust 2026
Estimated royalty value$2K

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.