SCHULTZ
SCHULTZ is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 18,556 barrels. The lease is intermittent. 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 $242K, with roughly $45K 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 42 barrels a month. Its strongest month on the record we hold was April 2020, at 252 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 SCHULTZ
- Who operates SCHULTZ?
- SCHULTZ is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is SCHULTZ?
- SCHULTZ is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45665.
- Is SCHULTZ still producing?
- SCHULTZ is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SCHULTZ is August 2026.
- How much has SCHULTZ produced?
- SCHULTZ has reported 18,556 barrels of oil (bbl) to the Railroad Commission of Texas between April 2014 and August 2026, from 1 wellbore.
- How much is SCHULTZ worth?
- The remaining production from SCHULTZ is estimated to be worth about $242K in total as of 26 August 2026, within a range of $133K to $351K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHULTZ is a fraction of it. The estimate fits an Arps decline curve to the production SCHULTZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHULTZ is an estimate of value, not an offer and not an appraisal.
- How much income does SCHULTZ generate in a year?
- SCHULTZ is forecast to net about $45K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHULTZ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 45665 |
| Wellbores | 1 |
| Reported production | 18,556 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $242K |
Where SCHULTZ 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.