HRBACEK-SCHMITT UNIT
HRBACEK-SCHMITT UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Torch Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 98,469 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 $796K, with roughly $135K 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 169 barrels a month, about 84 per wellbore. Its strongest month on the record we hold was September 2025, at 338 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 HRBACEK-SCHMITT UNIT
- Who operates HRBACEK-SCHMITT UNIT?
- HRBACEK-SCHMITT UNIT is operated by Torch Operating Company, Railroad Commission of Texas operator number 862594.
- Where is HRBACEK-SCHMITT UNIT?
- HRBACEK-SCHMITT UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 18671.
- Is HRBACEK-SCHMITT UNIT still producing?
- HRBACEK-SCHMITT UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HRBACEK-SCHMITT UNIT is August 2026.
- How much has HRBACEK-SCHMITT UNIT produced?
- HRBACEK-SCHMITT UNIT has reported 98,469 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is HRBACEK-SCHMITT UNIT worth?
- The remaining production from HRBACEK-SCHMITT UNIT is estimated to be worth about $796K in total as of 27 August 2026, within a range of $621K to $972K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HRBACEK-SCHMITT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HRBACEK-SCHMITT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HRBACEK-SCHMITT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HRBACEK-SCHMITT UNIT generate in a year?
- HRBACEK-SCHMITT UNIT is forecast to net about $135K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HRBACEK-SCHMITT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Torch Operating Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 18671 |
| Wellbores | 2 |
| Reported production | 98,469 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $796K |
Where HRBACEK-SCHMITT UNIT 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.