SCHENDEL A-303 NO. 1

SCHENDEL A-303 NO. 1 is a Texas oil lease in De Witt County, Railroad Commission district 02, operated by Burlington Resources O & G Co LP. It has 3 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 783,848 barrels. 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 $1.5M, with roughly $708K 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 11,469 barrels a month, about 3,823 per wellbore. Its strongest month on the record we hold was March 2026, at 44,691 barrels. 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 A-303 NO. 1

Who operates SCHENDEL A-303 NO. 1?: SCHENDEL A-303 NO. 1 is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
Where is SCHENDEL A-303 NO. 1?: SCHENDEL A-303 NO. 1 is a Texas oil lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09597.
Is SCHENDEL A-303 NO. 1 still producing?: SCHENDEL A-303 NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHENDEL A-303 NO. 1 is August 2026.
How much has SCHENDEL A-303 NO. 1 produced?: SCHENDEL A-303 NO. 1 has reported 783,848 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 3 wellbores.
How much is SCHENDEL A-303 NO. 1 worth?: The remaining production from SCHENDEL A-303 NO. 1 is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHENDEL A-303 NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production SCHENDEL A-303 NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHENDEL A-303 NO. 1 is an estimate of value, not an offer and not an appraisal.
How much income does SCHENDEL A-303 NO. 1 generate in a year?: SCHENDEL A-303 NO. 1 is forecast to net about $708K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHENDEL A-303 NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SCHENDEL A-303 NO. 1 as filed with the Railroad Commission of Texas
Operator	Burlington Resources O & G Co LP
Field	Eagleville (Eagle Ford-2)
County	De Witt County, Texas
RRC district	02
Lease number	09597
Wellbores	3
Reported production	783,848 bbl
First reported	December 2010
Last reported	August 2026
Estimated royalty value	$1.5M

Where SCHENDEL A-303 NO. 1 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.