ELMO SCHULZE
ELMO SCHULZE is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Texakoma Oil & Gas Corporation. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 33,654 barrels. The lease is shut in. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $46, with roughly $9 expected over the next twelve months.
| Operator | Texakoma Oil & Gas Corporation |
|---|---|
| Field | Serbin (Taylor Sand) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 20175 |
| Wellbores | 4 |
| Reported production | 33,654 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $46 |
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.