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 - Jun 2026
Total Oil Production582,733 BBLs
Total Gas Production1,024,560 MCF
Recent Oil Production173 BBLs in May 2026
Recent Gas Production81 MCF in May 2026
Wells on Property9

Our Valuation Estimates for Schultz

ShaleAssessment™

$1,185 *

MarketMultiple™

$30,356 **

* 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 Jun 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 LLCOil WellLee 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 BBLs0 MCFMar 2026
Carmean Mrs. JohnLee County, TX0 BBLs0 MCFApr 2026
CatherineLee County, TX108 BBLs147 MCFJun 2026
DubeLee County, TX76 BBLs571 MCFJun 2026
E-C-F Oil UnitLee County, TX13 BBLs618 MCFJun 2026
Fenn RanchLee County, TX320 BBLs286 MCFJun 2026
GoodsonLee County, TX26 BBLs27 MCFJun 2026
Homer Jordan UnitLee County, TX0 BBLs0 MCFApr 2026
Jackson BoLee County, TX85 BBLs0 MCFJun 2026
Lawn Mower UnitLee County, TX1,121 BBLs406 MCFMay 2026
LueckeLee County, TX42 BBLs1,412 MCFJun 2026
MamieLee County, TX0 BBLs0 MCFJan 2006
McHenry R.KLee County, TX0 BBLs549 MCFJun 2026
RichterLee County, TX2 BBLs0 MCFJun 2026
RoadrunnerLee County, TX117 BBLs625 MCFJun 2026
Sacks Seymour EtalLee County, TX0 BBLs0 MCFJul 2004
Sacks SylviaLee County, TX438 BBLs330 MCFJun 2026
Stuermer ELee County, TX56 BBLs145 MCFJun 2026
WardLee County, TX3 BBLs0 MCFJun 2026
Witte EddieLee County, TX118 BBLs53 MCFJun 2026

Companies in the Area

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

Company Name
Brittany Drilling Co.
Cannan, Morris
EOG Resources Inc
Everest Minerals Corp.
Everest Resource Company
Gemini Exploration Company
Goldking Minerals MGMT, L.L.C.
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
2026MAGNOLIA OIL & GAS OPERATINGSCHULTZ CHARLES W#3REMAGNOLIA OIL & GAS
2026GOFF TIMOTHY JSCHULTZ CHARLES W#3REMAGNOLIA OIL & GAS
2026TEXAS OSAGE ROYALTY POOL INCSCHULTZ CHARLES W#3REMAGNOLIA OIL & GAS
2026DALLAS PETROLEUM GROUP LLCSCHULTZ CHARLES W#3REMAGNOLIA OIL & GAS
2026MAGNOLIA OIL & GAS OPERATINGSCHULTZ IRMA ET AL W#4REMAGNOLIA OIL & GAS
2026MAGNOLIA OIL & GAS OPERATINGSCHULTZ IRMA ET AL A #5MAGNOLIA OIL & GAS
2026SCHMIDT MICHAEL HSCHULTZ CHARLES W#3REMAGNOLIA OIL & GAS
2026KRCHNAK JAMES & SYLVIASCHULTZ CHARLES W#3REMAGNOLIA OIL & GAS
Displaying 8 of 30 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Schultz

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-20614SCHULTZ, CHARLESJun 2026ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESMay 2026MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESMay 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-300811SCHULTZ IRMA ET AL 4REMay 2026MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESApr 2026MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESApr 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-300811SCHULTZ IRMA ET AL 4REApr 2026MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESMar 2026MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESMar 20264J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-300811SCHULTZ IRMA ET AL 4REMar 2026MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESFeb 2026MAGNOLIA OIL & GAS OPERATING LLC
03-20614SCHULTZ, CHARLESFeb 20264J ENERGY, LLCMAGNOLIA 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