SCHORP 302
SCHORP 302 is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Venado Operating Company LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 296,965 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 $556K, with roughly $494K 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 681 barrels a month. Its strongest month on the record we hold was June 2019, at 23,083 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 SCHORP 302
- Who operates SCHORP 302?
- SCHORP 302 is operated by Venado Operating Company LLC, Railroad Commission of Texas operator number 884496.
- Where is SCHORP 302?
- SCHORP 302 is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20028.
- Is SCHORP 302 still producing?
- SCHORP 302 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHORP 302 is August 2026.
- How much has SCHORP 302 produced?
- SCHORP 302 has reported 296,965 barrels of oil (bbl) to the Railroad Commission of Texas between June 2019 and August 2026, from 1 wellbore.
- How much is SCHORP 302 worth?
- The remaining production from SCHORP 302 is estimated to be worth about $556K in total as of 27 August 2026, within a range of $433K to $678K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHORP 302 is a fraction of it. The estimate fits an Arps decline curve to the production SCHORP 302 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHORP 302 is an estimate of value, not an offer and not an appraisal.
- How much income does SCHORP 302 generate in a year?
- SCHORP 302 is forecast to net about $494K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCHORP 302 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Venado Operating Company LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 20028 |
| Wellbores | 1 |
| Reported production | 296,965 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $556K |
Where SCHORP 302 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.