Schultz

Oil & Gas Property in Lee County, TX

  2. Texas
  3. Lee County, TX
  4. Oil & Gas Properties in Lee County, TX
  5. Schultz Oil & Gas Property

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Property Summary

Key data points for Schultz

CountyLee County, TX
Production DatesJan 1993 - Mar 2026
Total Oil Production582,101 BBLs
Total Gas Production1,023,788 MCF
Recent Oil Production281 BBLs in Feb 2026
Recent Gas Production105 MCF in Feb 2026
Wells on Property9

Our Valuation Estimates for Schultz

ShaleAssessment™

$1,238 *

MarketMultiple™

$29,174 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Schultz Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Schultz
from Jan 1993 to Mar 2026

Wells on Schultz

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-30293SCHULTZ 2MAGNOLIA OIL & GAS OPERATING LLCShut InLee County, TX30.258014-96.870412
42-287-30325SCHULTZ, IRMA 3HOUSTON OIL & MINERALS CORP.Plugged Oil WellLee County, TX30.251123-96.860387
42-287-30502SCHULTZ IRMA ET AL 4REMAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.255602-96.869253
42-287-31874SCHULTZ IRMA ET AL -A- 5MAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.251141-96.865220
42-287-31886SCHULTZ, IRMA 7FENN, BILL INC.Plugged Oil WellLee County, TX30.249424-96.858538
42-287-32267SCHULTZ CHARLES 1MAGNOLIA OIL & GAS OPERATING LLCShut InLee County, TX30.276152-96.845436
42-287-32283SCHULTZ CHARLES 2MAGNOLIA OIL & GAS OPERATING LLCShut InLee County, TX30.268705-96.845963
42-287-32300SCHULTZ CHARLES 4MAGNOLIA OIL & GAS OPERATING LLCShut InLee County, TX30.279691-96.849772
42-287-32353SCHULTZ CHARLES 5MAGNOLIA OIL & GAS OPERATING LLCShut InLee County, TX30.278293-96.841973

Leases included in Schultz

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-11785SCHULTZ, IRMA ET ALMAGNOLIA OIL & GAS OPERATING LLCLee County, TX
03-12446SCHULTZ, IRMASOUTH FORTY ENERGY, INC.Lee County, TX
03-18445SCHULTZMAGNOLIA OIL & GAS OPERATING LLCLee County, TX
03-19182SCHULTZ, IRMA ET AL -A-MAGNOLIA OIL & GAS OPERATING LLCLee County, TX
03-19183SCHULTZ, IRMA ET AL -B-ENERVEST OPERATING, L.L.C.Lee County, TX
03-20614SCHULTZ, CHARLESMAGNOLIA OIL & GAS OPERATING LLCLee County, TX
03-300811SCHULTZ IRMA ET AL 4REMAGNOLIA OIL & GAS OPERATING LLCLee County, TX

Operators Associated With Schultz

Nearby Properties

These are the closest 20 properties to the Schultz property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bethany UnitLee County, TX0 BBLs67 MCFMar 2026
Carmean Mrs. JohnLee County, TX82 BBLs0 MCFFeb 2026
CatherineLee County, TX118 BBLs126 MCFMar 2026
DubeLee County, TX92 BBLs209 MCFMar 2026
E-C-F Oil UnitLee County, TX81 BBLs715 MCFMar 2026
Fenn RanchLee County, TX239 BBLs188 MCFMar 2026
GoodsonLee County, TX64 BBLs41 MCFMar 2026
Homer Jordan UnitLee County, TX0 BBLs0 MCFDec 2025
Jackson BoLee County, TX16 BBLs4 MCFMar 2026
Lawn Mower UnitLee County, TX903 BBLs529 MCFFeb 2026
LueckeLee County, TX40 BBLs1,167 MCFMar 2026
MamieLee County, TX0 BBLs0 MCFJan 2006
Nails CreekLee County, TX0 BBLs0 MCFNov 2024
RichterLee County, TX2 BBLs0 MCFMar 2026
RoadrunnerLee County, TX96 BBLs1,194 MCFMar 2026
Sacks Seymour EtalLee County, TX0 BBLs0 MCFJul 2004
Sacks SylviaLee County, TX603 BBLs405 MCFMar 2026
Stuermer ELee County, TX44 BBLs123 MCFFeb 2026
VernonLee County, TX0 BBLs0 MCFMar 2025
Witte EddieLee County, TX14 BBLs0 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Schultz property.

Company Name
Allegiant Resources, LLC
Brittany Drilling Co.
Cannan, Morris
Everest Minerals Corp.
Everest Resource Company
Gantt Operating Company, Inc.
Gemini Exploration Company
Heartland Resources, Inc.
Holifield Oil Company
Hollub, Lambert Drilling Company
Houston Oil & Minerals Corp.
Leexus Oil LLC
Magnolia Oil & Gas Operating LLC
Mobil Producing TX. & N.M. Inc.
Redbud E & P, Inc.
Tex-Lee Operating Company
U. S. Operating, Inc.
WCS Oil & Gas Corporation
Wildfire Energy Operating LLC
Williams, Clayton W., Jr., Inc.

Owners of Schultz

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGSCHULTZ IRMA ET AL 4HMAGNOLIA OIL & GAS
2025MAGNOLIA OIL & GAS OPERATINGSCHULTZ IRMA ET AL 4HMAGNOLIA OIL & GAS
2025MAGNOLIA OIL & GAS OPERATINGSCHULTZ IRMA ET AL A #5MAGNOLIA OIL & GAS
2025MAGNOLIA OIL & GAS OPERATINGSCHULTZ IRMA ET AL A #5MAGNOLIA OIL & GAS

Oil & Gas Sales on Schultz

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-20614SCHULTZ, CHARLESFeb 2026ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-19182SCHULTZ, IRMA ET AL -A-Jan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESJan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESJan 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-300811SCHULTZ IRMA ET AL 4REJan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESDec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESDec 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-300811SCHULTZ IRMA ET AL 4REDec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESNov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESNov 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-300811SCHULTZ IRMA ET AL 4RENov 2025MAGNOLIA OIL & GAS OPERATING LLC
03-19182SCHULTZ, IRMA ET AL -A-Oct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESOct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESOct 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-300811SCHULTZ IRMA ET AL 4REOct 2025MAGNOLIA OIL & GAS OPERATING LLC
03-11785SCHULTZ, IRMA ET ALSep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-11785SCHULTZ, IRMA ET ALSep 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESSep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESSep 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-11785SCHULTZ, IRMA ET ALAug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESAug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESAug 20254J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESAug 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-11785SCHULTZ, IRMA ET ALJul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESJul 2025MAGNOLIA OIL & GAS OPERATING LLC