SCHIMANK UNIT
SCHIMANK UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Venado Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 72,144 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 $755K, with roughly $140K 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 179 barrels a month. Its strongest month on the record we hold was June 2016, at 897 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 SCHIMANK UNIT
- Who operates SCHIMANK UNIT?
- SCHIMANK UNIT is operated by Venado Oil & Gas, LLC, Railroad Commission of Texas operator number 884501.
- Where is SCHIMANK UNIT?
- SCHIMANK UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26666.
- Is SCHIMANK UNIT still producing?
- SCHIMANK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHIMANK UNIT is August 2026.
- How much has SCHIMANK UNIT produced?
- SCHIMANK UNIT has reported 72,144 barrels of oil (bbl) to the Railroad Commission of Texas between April 2014 and August 2026, from 1 wellbore.
- How much is SCHIMANK UNIT worth?
- The remaining production from SCHIMANK UNIT is estimated to be worth about $755K in total as of 26 August 2026, within a range of $589K to $921K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHIMANK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SCHIMANK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHIMANK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SCHIMANK UNIT generate in a year?
- SCHIMANK UNIT is forecast to net about $140K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHIMANK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Venado Oil & Gas, LLC |
|---|---|
| Field | Southern Bay (Eagle Ford) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 26666 |
| Wellbores | 1 |
| Reported production | 72,144 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $755K |
Where SCHIMANK UNIT 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.