SCHATTEL
SCHATTEL is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Marchman, J. E. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,680 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 $9K, with roughly $2K 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 3 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was June 2016, at 74 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SCHATTEL
- Who operates SCHATTEL?
- SCHATTEL is operated by Marchman, J. E., Railroad Commission of Texas operator number 525700.
- Where is SCHATTEL?
- SCHATTEL is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 31379.
- Is SCHATTEL still producing?
- SCHATTEL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SCHATTEL is August 2026.
- How much has SCHATTEL produced?
- SCHATTEL has reported 8,680 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is SCHATTEL worth?
- The remaining production from SCHATTEL is estimated to be worth about $9K in total as of 27 August 2026, within a range of $0 to $17K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHATTEL is a fraction of it. The estimate fits an Arps decline curve to the production SCHATTEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHATTEL is an estimate of value, not an offer and not an appraisal.
- How much income does SCHATTEL generate in a year?
- SCHATTEL is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCHATTEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marchman, J. E. |
|---|---|
| Field | Iatan, East Howard |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 31379 |
| Wellbores | 3 |
| Reported production | 8,680 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where SCHATTEL 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.