SCHAFFER
SCHAFFER is a Texas oil lease in De Witt County, Railroad Commission district 02, operated by Big Shell Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2005 to August 2026, totalling 23,187 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 $391K, with roughly $75K 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 82 barrels a month. Its strongest month on the record we hold was June 2025, at 191 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 SCHAFFER
- Who operates SCHAFFER?
- SCHAFFER is operated by Big Shell Oil & Gas, Inc., Railroad Commission of Texas operator number 070376.
- Where is SCHAFFER?
- SCHAFFER is a Texas oil lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09007.
- Is SCHAFFER still producing?
- SCHAFFER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHAFFER is August 2026.
- How much has SCHAFFER produced?
- SCHAFFER has reported 23,187 barrels of oil (bbl) to the Railroad Commission of Texas between August 2005 and August 2026, from 1 wellbore.
- How much is SCHAFFER worth?
- The remaining production from SCHAFFER is estimated to be worth about $391K in total as of 26 August 2026, within a range of $215K to $568K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHAFFER is a fraction of it. The estimate fits an Arps decline curve to the production SCHAFFER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHAFFER is an estimate of value, not an offer and not an appraisal.
- How much income does SCHAFFER generate in a year?
- SCHAFFER is forecast to net about $75K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHAFFER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Big Shell Oil & Gas, Inc. |
|---|---|
| Field | Cottonwood Creek, S. (Yegua 4500 |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 09007 |
| Wellbores | 1 |
| Reported production | 23,187 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $391K |
Where SCHAFFER 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.