GRAY-SCHNEIDER
GRAY-SCHNEIDER is a Texas oil lease in Victoria County, Railroad Commission district 02, operated by Frostwood Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 235,172 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 $416K, with roughly $121K 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 224 barrels a month. Its strongest month on the record we hold was January 2018, at 13,254 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GRAY-SCHNEIDER
- Who operates GRAY-SCHNEIDER?
- GRAY-SCHNEIDER is operated by Frostwood Energy, LLC, Railroad Commission of Texas operator number 288391.
- Where is GRAY-SCHNEIDER?
- GRAY-SCHNEIDER is a Texas oil lease in Victoria County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11589.
- Is GRAY-SCHNEIDER still producing?
- GRAY-SCHNEIDER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAY-SCHNEIDER is August 2026.
- How much has GRAY-SCHNEIDER produced?
- GRAY-SCHNEIDER has reported 235,172 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 1 wellbore.
- How much is GRAY-SCHNEIDER worth?
- The remaining production from GRAY-SCHNEIDER is estimated to be worth about $416K in total as of 27 August 2026, within a range of $324K to $507K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAY-SCHNEIDER is a fraction of it. The estimate fits an Arps decline curve to the production GRAY-SCHNEIDER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAY-SCHNEIDER is an estimate of value, not an offer and not an appraisal.
- How much income does GRAY-SCHNEIDER generate in a year?
- GRAY-SCHNEIDER is forecast to net about $121K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GRAY-SCHNEIDER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Frostwood Energy, LLC |
|---|---|
| Field | Placedo |
| County | Victoria County, Texas |
| RRC district | 02 |
| Lease number | 11589 |
| Wellbores | 1 |
| Reported production | 235,172 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $416K |
Where GRAY-SCHNEIDER 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.