SCHAFER RANCH
SCHAFER RANCH is a Texas oil lease in Carson County, Railroad Commission district 10, operated by Texaco E & P Inc. It has 86 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 590,446 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 $3.3M, with roughly $741K 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 1,112 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was March 2025, at 2,531 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SCHAFER RANCH
- Who operates SCHAFER RANCH?
- SCHAFER RANCH is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is SCHAFER RANCH?
- SCHAFER RANCH is a Texas oil lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00142.
- Is SCHAFER RANCH still producing?
- SCHAFER RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHAFER RANCH is August 2026.
- How much has SCHAFER RANCH produced?
- SCHAFER RANCH has reported 590,446 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 86 wellbores.
- How much is SCHAFER RANCH worth?
- The remaining production from SCHAFER RANCH is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHAFER RANCH is a fraction of it. The estimate fits an Arps decline curve to the production SCHAFER RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHAFER RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does SCHAFER RANCH generate in a year?
- SCHAFER RANCH is forecast to net about $741K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHAFER RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Panhandle Carson County Field |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 00142 |
| Wellbores | 86 |
| Reported production | 590,446 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where SCHAFER RANCH 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.