SCHAFER RANCH
SCHAFER RANCH is a Texas gas lease in Carson County, Railroad Commission district 10, operated by Wo Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2001 to August 2026, totalling 285,527 thousand cubic feet. 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 $92K, with roughly $17K 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 738 thousand cubic feet a month. Its strongest month on the record we hold was April 2017, at 969 thousand cubic feet. 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 SCHAFER RANCH
- Who operates SCHAFER RANCH?
- SCHAFER RANCH is operated by Wo Operating Company, Railroad Commission of Texas operator number 935428.
- Where is SCHAFER RANCH?
- SCHAFER RANCH is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 185548.
- 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 285,527 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2001 and August 2026, from 1 wellbore.
- How much is SCHAFER RANCH worth?
- The remaining production from SCHAFER RANCH is estimated to be worth about $92K in total as of 26 August 2026, within a range of $72K to $113K. 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 $17K 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 | Wo Operating Company |
|---|---|
| Field | Panhandle, West |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 185548 |
| Wellbores | 1 |
| Reported production | 285,527 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $92K |
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.