TXL-SCHROCK 3538 B
TXL-SCHROCK 3538 B is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Apache Corporation. It has 2 wellbores on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 575,497 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 $32.4M, with roughly $9.4M 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 15,758 barrels a month, about 7,879 per wellbore. Its strongest month on the record we hold was June 2024, at 48,465 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 TXL-SCHROCK 3538 B
- Who operates TXL-SCHROCK 3538 B?
- TXL-SCHROCK 3538 B is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is TXL-SCHROCK 3538 B?
- TXL-SCHROCK 3538 B is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60473.
- Is TXL-SCHROCK 3538 B still producing?
- TXL-SCHROCK 3538 B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL-SCHROCK 3538 B is August 2026.
- How much has TXL-SCHROCK 3538 B produced?
- TXL-SCHROCK 3538 B has reported 575,497 barrels of oil (bbl) to the Railroad Commission of Texas between August 2023 and August 2026, from 2 wellbores.
- How much is TXL-SCHROCK 3538 B worth?
- The remaining production from TXL-SCHROCK 3538 B is estimated to be worth about $32.4M in total as of 27 August 2026, within a range of $26.5M to $38.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL-SCHROCK 3538 B is a fraction of it. The estimate fits an Arps decline curve to the production TXL-SCHROCK 3538 B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL-SCHROCK 3538 B is an estimate of value, not an offer and not an appraisal.
- How much income does TXL-SCHROCK 3538 B generate in a year?
- TXL-SCHROCK 3538 B is forecast to net about $9.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TXL-SCHROCK 3538 B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 60473 |
| Wellbores | 2 |
| Reported production | 575,497 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $32.4M |
Where TXL-SCHROCK 3538 B 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.