TEXACO PEL-TEX SCHREINER TRUST
TEXACO PEL-TEX SCHREINER TRUST is a Texas gas lease in Live Oak County, Railroad Commission district 02, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,597,332 thousand cubic feet. 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 $160K, with roughly $35K 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 1,636 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 23,389 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 TEXACO PEL-TEX SCHREINER TRUST
- Who operates TEXACO PEL-TEX SCHREINER TRUST?
- TEXACO PEL-TEX SCHREINER TRUST is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is TEXACO PEL-TEX SCHREINER TRUST?
- TEXACO PEL-TEX SCHREINER TRUST is a Texas gas lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 122850.
- Is TEXACO PEL-TEX SCHREINER TRUST still producing?
- TEXACO PEL-TEX SCHREINER TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO PEL-TEX SCHREINER TRUST is August 2026.
- How much has TEXACO PEL-TEX SCHREINER TRUST produced?
- TEXACO PEL-TEX SCHREINER TRUST has reported 10,597,332 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TEXACO PEL-TEX SCHREINER TRUST worth?
- The remaining production from TEXACO PEL-TEX SCHREINER TRUST is estimated to be worth about $160K in total as of 27 August 2026, within a range of $133K to $188K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO PEL-TEX SCHREINER TRUST is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO PEL-TEX SCHREINER TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO PEL-TEX SCHREINER TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO PEL-TEX SCHREINER TRUST generate in a year?
- TEXACO PEL-TEX SCHREINER TRUST is forecast to net about $35K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEXACO PEL-TEX SCHREINER TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Sharonlee, N.E. (Sligo) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 122850 |
| Wellbores | 1 |
| Reported production | 10,597,332 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $160K |
Where TEXACO PEL-TEX SCHREINER TRUST 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.