SCHUBERT-HEMPLE UNIT
SCHUBERT-HEMPLE UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 70,093 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 $327K, with roughly $59K 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 41 barrels a month. Its strongest month on the record we hold was October 2021, at 147 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 SCHUBERT-HEMPLE UNIT
- Who operates SCHUBERT-HEMPLE UNIT?
- SCHUBERT-HEMPLE UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is SCHUBERT-HEMPLE UNIT?
- SCHUBERT-HEMPLE UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21074.
- Is SCHUBERT-HEMPLE UNIT still producing?
- SCHUBERT-HEMPLE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHUBERT-HEMPLE UNIT is August 2026.
- How much has SCHUBERT-HEMPLE UNIT produced?
- SCHUBERT-HEMPLE UNIT has reported 70,093 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SCHUBERT-HEMPLE UNIT worth?
- The remaining production from SCHUBERT-HEMPLE UNIT is estimated to be worth about $327K in total as of 26 August 2026, within a range of $180K to $474K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHUBERT-HEMPLE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SCHUBERT-HEMPLE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHUBERT-HEMPLE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SCHUBERT-HEMPLE UNIT generate in a year?
- SCHUBERT-HEMPLE UNIT is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHUBERT-HEMPLE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 21074 |
| Wellbores | 1 |
| Reported production | 70,093 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $327K |
Where SCHUBERT-HEMPLE 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.