SCHUELKE "28"

SCHUELKE "28" is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 3 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 71,682 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 $496K, with roughly $91K 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 160 barrels a month, about 53 per wellbore. Its strongest month on the record we hold was July 2016, at 865 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 SCHUELKE "28"

Who operates SCHUELKE "28"?
SCHUELKE "28" is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
Where is SCHUELKE "28"?
SCHUELKE "28" is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44577.
Is SCHUELKE "28" still producing?
SCHUELKE "28" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHUELKE "28" is August 2026.
How much has SCHUELKE "28" produced?
SCHUELKE "28" has reported 71,682 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 3 wellbores.
How much is SCHUELKE "28" worth?
The remaining production from SCHUELKE "28" is estimated to be worth about $496K in total as of 26 August 2026, within a range of $387K to $605K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHUELKE "28" is a fraction of it. The estimate fits an Arps decline curve to the production SCHUELKE "28" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHUELKE "28" is an estimate of value, not an offer and not an appraisal.
How much income does SCHUELKE "28" generate in a year?
SCHUELKE "28" is forecast to net about $91K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHUELKE "28" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SCHUELKE "28" as filed with the Railroad Commission of Texas
OperatorEnergen Resources Corporation
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number44577
Wellbores3
Reported production71,682 bbl
First reported
Last reported
Estimated royalty value$496K

Where SCHUELKE "28" 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.