SCHAEFER, E. C.
SCHAEFER, E. C. is a Texas oil lease in De Witt County, Railroad Commission district 02, operated by Magnum Producing & Operating Co. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 225,201 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 $1.6M, with roughly $389K 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 492 barrels a month, about 123 per wellbore. Its strongest month on the record we hold was May 2023, at 885 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 SCHAEFER, E. C.
- Who operates SCHAEFER, E. C.?
- SCHAEFER, E. C. is operated by Magnum Producing & Operating Co., Railroad Commission of Texas operator number 521538.
- Where is SCHAEFER, E. C.?
- SCHAEFER, E. C. is a Texas oil lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 00394.
- Is SCHAEFER, E. C. still producing?
- SCHAEFER, E. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHAEFER, E. C. is August 2026.
- How much has SCHAEFER, E. C. produced?
- SCHAEFER, E. C. has reported 225,201 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is SCHAEFER, E. C. worth?
- The remaining production from SCHAEFER, E. C. is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHAEFER, E. C. is a fraction of it. The estimate fits an Arps decline curve to the production SCHAEFER, E. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHAEFER, E. C. is an estimate of value, not an offer and not an appraisal.
- How much income does SCHAEFER, E. C. generate in a year?
- SCHAEFER, E. C. is forecast to net about $389K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCHAEFER, E. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Magnum Producing & Operating Co. |
|---|---|
| Field | Cottonwood Creek, South |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 00394 |
| Wellbores | 4 |
| Reported production | 225,201 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where SCHAEFER, E. C. 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.