SCHNIERS
SCHNIERS is a Texas oil lease in Tom Green County, Railroad Commission district 7C, operated by Fortune Production Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 36,021 barrels. 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 $95K, with roughly $17K 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 29 barrels a month. Its strongest month on the record we hold was May 2025, at 147 barrels. 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 SCHNIERS
- Who operates SCHNIERS?
- SCHNIERS is operated by Fortune Production Co., Railroad Commission of Texas operator number 278770.
- Where is SCHNIERS?
- SCHNIERS is a Texas oil lease in Tom Green County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 11370.
- Is SCHNIERS still producing?
- SCHNIERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHNIERS is August 2026.
- How much has SCHNIERS produced?
- SCHNIERS has reported 36,021 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SCHNIERS worth?
- The remaining production from SCHNIERS is estimated to be worth about $95K in total as of 27 August 2026, within a range of $52K to $138K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHNIERS is a fraction of it. The estimate fits an Arps decline curve to the production SCHNIERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHNIERS is an estimate of value, not an offer and not an appraisal.
- How much income does SCHNIERS generate in a year?
- SCHNIERS is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCHNIERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fortune Production Co. |
|---|---|
| Field | Schniers |
| County | Tom Green County, Texas |
| RRC district | 7C |
| Lease number | 11370 |
| Wellbores | 1 |
| Reported production | 36,021 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $95K |
Where SCHNIERS 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.