SCHULTZ 717
SCHULTZ 717 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 3 wellbores on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 14,426 barrels. The lease is intermittent. 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 $269K, with roughly $50K 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 31 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was April 2026, at 371 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SCHULTZ 717
- Who operates SCHULTZ 717?
- SCHULTZ 717 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is SCHULTZ 717?
- SCHULTZ 717 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08225.
- Is SCHULTZ 717 still producing?
- SCHULTZ 717 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SCHULTZ 717 is August 2026.
- How much has SCHULTZ 717 produced?
- SCHULTZ 717 has reported 14,426 barrels of oil (bbl) to the Railroad Commission of Texas between May 2011 and August 2026, from 3 wellbores.
- How much is SCHULTZ 717 worth?
- The remaining production from SCHULTZ 717 is estimated to be worth about $269K in total as of 26 August 2026, within a range of $148K to $390K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHULTZ 717 is a fraction of it. The estimate fits an Arps decline curve to the production SCHULTZ 717 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHULTZ 717 is an estimate of value, not an offer and not an appraisal.
- How much income does SCHULTZ 717 generate in a year?
- SCHULTZ 717 is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHULTZ 717 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08225 |
| Wellbores | 3 |
| Reported production | 14,426 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $269K |
Where SCHULTZ 717 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.