SCHENK, CLETUS
SCHENK, CLETUS is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Lindemann, W. L., DRLG. Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 56,992 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 $590K, with roughly $113K 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 150 barrels a month, about 75 per wellbore. Its strongest month on the record we hold was August 2024, at 231 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 SCHENK, CLETUS
- Who operates SCHENK, CLETUS?
- SCHENK, CLETUS is operated by Lindemann, W. L., DRLG. Co., Railroad Commission of Texas operator number 501200.
- Where is SCHENK, CLETUS?
- SCHENK, CLETUS is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 26021.
- Is SCHENK, CLETUS still producing?
- SCHENK, CLETUS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHENK, CLETUS is August 2026.
- How much has SCHENK, CLETUS produced?
- SCHENK, CLETUS has reported 56,992 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SCHENK, CLETUS worth?
- The remaining production from SCHENK, CLETUS is estimated to be worth about $590K in total as of 27 August 2026, within a range of $460K to $720K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHENK, CLETUS is a fraction of it. The estimate fits an Arps decline curve to the production SCHENK, CLETUS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHENK, CLETUS is an estimate of value, not an offer and not an appraisal.
- How much income does SCHENK, CLETUS generate in a year?
- SCHENK, CLETUS is forecast to net about $113K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCHENK, CLETUS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lindemann, W. L., DRLG. Co. |
|---|---|
| Field | Acme (Mississippi Lime) |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 26021 |
| Wellbores | 2 |
| Reported production | 56,992 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $590K |
Where SCHENK, CLETUS 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.