SCHLUTER, MARGARET
SCHLUTER, MARGARET is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from October 2004 to August 2026, totalling 1,163,179 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 $422K, with roughly $67K 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 2,553 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 4,037 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SCHLUTER, MARGARET
- Who operates SCHLUTER, MARGARET?
- SCHLUTER, MARGARET is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is SCHLUTER, MARGARET?
- SCHLUTER, MARGARET is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 205496.
- Is SCHLUTER, MARGARET still producing?
- SCHLUTER, MARGARET is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHLUTER, MARGARET is August 2026.
- How much has SCHLUTER, MARGARET produced?
- SCHLUTER, MARGARET has reported 1,163,179 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2004 and August 2026, from 1 wellbore.
- How much is SCHLUTER, MARGARET worth?
- The remaining production from SCHLUTER, MARGARET is estimated to be worth about $422K in total as of 26 August 2026, within a range of $350K to $493K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHLUTER, MARGARET is a fraction of it. The estimate fits an Arps decline curve to the production SCHLUTER, MARGARET has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHLUTER, MARGARET is an estimate of value, not an offer and not an appraisal.
- How much income does SCHLUTER, MARGARET generate in a year?
- SCHLUTER, MARGARET is forecast to net about $67K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHLUTER, MARGARET receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 205496 |
| Wellbores | 1 |
| Reported production | 1,163,179 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $422K |
Where SCHLUTER, MARGARET 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.