SCHWARTZ
SCHWARTZ is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by GMT Exploration Co Texas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 250,336 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 $4K, with roughly $539 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 26 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 660 thousand cubic feet. 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 SCHWARTZ
- Who operates SCHWARTZ?
- SCHWARTZ is operated by GMT Exploration Co Texas, LLC, Railroad Commission of Texas operator number 311419.
- Where is SCHWARTZ?
- SCHWARTZ is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 243782.
- Is SCHWARTZ still producing?
- SCHWARTZ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHWARTZ is August 2026.
- How much has SCHWARTZ produced?
- SCHWARTZ has reported 250,336 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is SCHWARTZ worth?
- The remaining production from SCHWARTZ is estimated to be worth about $4K in total as of 26 August 2026, within a range of $2K to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHWARTZ is a fraction of it. The estimate fits an Arps decline curve to the production SCHWARTZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHWARTZ is an estimate of value, not an offer and not an appraisal.
- How much income does SCHWARTZ generate in a year?
- SCHWARTZ is forecast to net about $539 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHWARTZ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | GMT Exploration Co Texas, LLC |
|---|---|
| Field | Naconiche Creek (Rod.-TP Cons.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 243782 |
| Wellbores | 1 |
| Reported production | 250,336 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where SCHWARTZ 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.