SCHMALSTEIG
SCHMALSTEIG is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Bright & Co. It has 1 wellbore on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 27,150 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 $225K, with roughly $43K 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 60 barrels a month. Its strongest month on the record we hold was December 2020, at 152 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 SCHMALSTEIG
- Who operates SCHMALSTEIG?
- SCHMALSTEIG is operated by Bright & Co., Railroad Commission of Texas operator number 093125.
- Where is SCHMALSTEIG?
- SCHMALSTEIG is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69796.
- Is SCHMALSTEIG still producing?
- SCHMALSTEIG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHMALSTEIG is August 2026.
- How much has SCHMALSTEIG produced?
- SCHMALSTEIG has reported 27,150 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 1 wellbore.
- How much is SCHMALSTEIG worth?
- The remaining production from SCHMALSTEIG is estimated to be worth about $225K in total as of 26 August 2026, within a range of $124K to $326K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHMALSTEIG is a fraction of it. The estimate fits an Arps decline curve to the production SCHMALSTEIG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHMALSTEIG is an estimate of value, not an offer and not an appraisal.
- How much income does SCHMALSTEIG generate in a year?
- SCHMALSTEIG is forecast to net about $43K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHMALSTEIG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bright & Co. |
|---|---|
| Field | Hamilton (Wolfcamp) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 69796 |
| Wellbores | 1 |
| Reported production | 27,150 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $225K |
Where SCHMALSTEIG 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.