SCHMITZ UNIT
SCHMITZ UNIT is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Range Production Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2007 to August 2026, totalling 2,367,325 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 $459K, with roughly $69K 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 3,165 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 8,122 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 SCHMITZ UNIT
- Who operates SCHMITZ UNIT?
- SCHMITZ UNIT is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
- Where is SCHMITZ UNIT?
- SCHMITZ UNIT is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 237006.
- Is SCHMITZ UNIT still producing?
- SCHMITZ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHMITZ UNIT is August 2026.
- How much has SCHMITZ UNIT produced?
- SCHMITZ UNIT has reported 2,367,325 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2007 and August 2026, from 1 wellbore.
- How much is SCHMITZ UNIT worth?
- The remaining production from SCHMITZ UNIT is estimated to be worth about $459K in total as of 27 August 2026, within a range of $381K to $537K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHMITZ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SCHMITZ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHMITZ UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SCHMITZ UNIT generate in a year?
- SCHMITZ UNIT is forecast to net about $69K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCHMITZ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Range Production Company |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 237006 |
| Wellbores | 1 |
| Reported production | 2,367,325 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $459K |
Where SCHMITZ UNIT 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.