SCHRANK, CLEONE
SCHRANK, CLEONE is a Texas gas lease in Schleicher County, Railroad Commission district 7C, operated by Devon Energy Corporation(Nevada). It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 368,976 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 $38K, with roughly $13K 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 525 thousand cubic feet a month. Its strongest month on the record we hold was May 2020, at 1,566 thousand cubic feet. 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 SCHRANK, CLEONE
- Who operates SCHRANK, CLEONE?
- SCHRANK, CLEONE is operated by Devon Energy Corporation(Nevada), Railroad Commission of Texas operator number 216735.
- Where is SCHRANK, CLEONE?
- SCHRANK, CLEONE is a Texas gas lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 044175.
- Is SCHRANK, CLEONE still producing?
- SCHRANK, CLEONE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHRANK, CLEONE is August 2026.
- How much has SCHRANK, CLEONE produced?
- SCHRANK, CLEONE has reported 368,976 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SCHRANK, CLEONE worth?
- The remaining production from SCHRANK, CLEONE is estimated to be worth about $38K in total as of 27 August 2026, within a range of $29K to $46K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHRANK, CLEONE is a fraction of it. The estimate fits an Arps decline curve to the production SCHRANK, CLEONE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHRANK, CLEONE is an estimate of value, not an offer and not an appraisal.
- How much income does SCHRANK, CLEONE generate in a year?
- SCHRANK, CLEONE is forecast to net about $13K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCHRANK, CLEONE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Corporation(Nevada) |
|---|---|
| Field | Eldorado, N. (Canyon -A-) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 044175 |
| Wellbores | 1 |
| Reported production | 368,976 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $38K |
Where SCHRANK, CLEONE 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.