SCHULZ/PIETSCH
SCHULZ/PIETSCH is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Showdown Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 74,970 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 $147K, with roughly $28K 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 26 barrels a month. Its strongest month on the record we hold was October 2017, at 680 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 SCHULZ/PIETSCH
- Who operates SCHULZ/PIETSCH?
- SCHULZ/PIETSCH is operated by Showdown Operating, Inc., Railroad Commission of Texas operator number 778869.
- Where is SCHULZ/PIETSCH?
- SCHULZ/PIETSCH is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21355.
- Is SCHULZ/PIETSCH still producing?
- SCHULZ/PIETSCH is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SCHULZ/PIETSCH is August 2026.
- How much has SCHULZ/PIETSCH produced?
- SCHULZ/PIETSCH has reported 74,970 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SCHULZ/PIETSCH worth?
- The remaining production from SCHULZ/PIETSCH is estimated to be worth about $147K in total as of 26 August 2026, within a range of $81K to $213K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHULZ/PIETSCH is a fraction of it. The estimate fits an Arps decline curve to the production SCHULZ/PIETSCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHULZ/PIETSCH is an estimate of value, not an offer and not an appraisal.
- How much income does SCHULZ/PIETSCH generate in a year?
- SCHULZ/PIETSCH is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHULZ/PIETSCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Showdown Operating, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 21355 |
| Wellbores | 1 |
| Reported production | 74,970 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $147K |
Where SCHULZ/PIETSCH 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.