SCHAEFER
SCHAEFER is a Texas oil lease in Eastland County, Railroad Commission district 7B, operated by Ridgeway Exco, Inc. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 48,926 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 $158K, with roughly $30K 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 39 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was August 2017, at 136 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 SCHAEFER
- Who operates SCHAEFER?
- SCHAEFER is operated by Ridgeway Exco, Inc., Railroad Commission of Texas operator number 711115.
- Where is SCHAEFER?
- SCHAEFER is a Texas oil lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 16644.
- Is SCHAEFER still producing?
- SCHAEFER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHAEFER is August 2026.
- How much has SCHAEFER produced?
- SCHAEFER has reported 48,926 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is SCHAEFER worth?
- The remaining production from SCHAEFER is estimated to be worth about $158K in total as of 26 August 2026, within a range of $87K to $229K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHAEFER is a fraction of it. The estimate fits an Arps decline curve to the production SCHAEFER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHAEFER is an estimate of value, not an offer and not an appraisal.
- How much income does SCHAEFER generate in a year?
- SCHAEFER is forecast to net about $30K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHAEFER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ridgeway Exco, Inc. |
|---|---|
| Field | Nimrod,E. (Patio) |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 16644 |
| Wellbores | 9 |
| Reported production | 48,926 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $158K |
Where SCHAEFER 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.