SCHMIDT UNIT A
SCHMIDT UNIT A is a Texas oil lease in De Witt County, Railroad Commission district 02, operated by Burlington Resources O & G Co LP. It has 1 wellbore on file with the Commission. Reported production runs from July 2011 to August 2026, totalling 351,837 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 $460K, with roughly $78K 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 105 barrels a month. Its strongest month on the record we hold was November 2018, at 1,760 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 SCHMIDT UNIT A
- Who operates SCHMIDT UNIT A?
- SCHMIDT UNIT A is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is SCHMIDT UNIT A?
- SCHMIDT UNIT A is a Texas oil lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09721.
- Is SCHMIDT UNIT A still producing?
- SCHMIDT UNIT A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHMIDT UNIT A is August 2026.
- How much has SCHMIDT UNIT A produced?
- SCHMIDT UNIT A has reported 351,837 barrels of oil (bbl) to the Railroad Commission of Texas between July 2011 and August 2026, from 1 wellbore.
- How much is SCHMIDT UNIT A worth?
- The remaining production from SCHMIDT UNIT A is estimated to be worth about $460K in total as of 26 August 2026, within a range of $359K to $561K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHMIDT UNIT A is a fraction of it. The estimate fits an Arps decline curve to the production SCHMIDT UNIT A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHMIDT UNIT A is an estimate of value, not an offer and not an appraisal.
- How much income does SCHMIDT UNIT A generate in a year?
- SCHMIDT UNIT A is forecast to net about $78K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHMIDT UNIT A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 09721 |
| Wellbores | 1 |
| Reported production | 351,837 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $460K |
Where SCHMIDT UNIT A 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.