Schultz

Oil & Gas Property in Lipscomb County, TX

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

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Property Summary

Key data points for Schultz

CountyLipscomb County, TX
Production DatesJan 1993 - Aug 2025
Total Oil Production16,387 BBLs
Total Gas Production7,660,986 MCF
Recent Oil Production0 BBLs in Aug 2025
Recent Gas Production5,043 MCF in Aug 2025
Wells on Property13

Our Valuation Estimates for Schultz

ShaleAssessment™

$20,028 *

MarketMultiple™

$23,639 **

* 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 Aug 2025

Wells on Schultz

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-295-30098SCHULTZ -A- 1LATIGO PETROLEUM, LLCTemp AbandonedLipscomb County, TX36.294520-100.373672
42-295-30099SCHULTZ -B- 1LATIGO PETROLEUM, LLCProducingLipscomb County, TX36.295053-100.359907
42-295-30283SCHULTZ -A- 2LATIGO PETROLEUM, LLCTemp AbandonedLipscomb County, TX36.294099-100.381803
42-295-30831SCHULTZ "A" 3COTTON PETROLEUM CORP.Dry HoleLipscomb County, TX36.290989-100.382043
42-295-32200SCHULTZ -B- 3LATIGO PETROLEUM, LLCProducingLipscomb County, TX36.292916-100.355007
42-295-32247SCHULTZ "B" 4MIDGARD ENERGY COMPANYHorizontal Well Surface LocatioLipscomb County, TX36.298008-100.364471
42-295-32259SCHULTZ A 3772LATIGO PETROLEUM, LLCProducingLipscomb County, TX36.298064-100.371776
42-295-32261SCHULTZ A 4772LATIGO PETROLEUM, LLCHorizontal Well Surface LocatioLipscomb County, TX36.297786-100.382360
42-295-32331SCHULTZ "B" 5MIDGARD ENERGY COMPANYDry HoleLipscomb County, TX36.301657-100.351015
42-295-32374SCHULTZ A 5LATIGO PETROLEUM, LLCProducingLipscomb County, TX36.290666-100.379118
42-295-32402SCHULTZ B 6LATIGO PETROLEUM, LLCProducingLipscomb County, TX36.290703-100.364081
42-295-32706SCHULTZ A 6772LATIGO PETROLEUM, LLCProducingLipscomb County, TX36.290660-100.369215
42-295-32823SCHULTZ A 7772LATIGO PETROLEUM, LLCProducingLipscomb County, TX36.292897-100.376249

Leases included in Schultz

Lease #Lease NameOperatorCountyMonthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Gas Prod.
10-04257SCHULTZ -B-COTTON PETROLEUM CORP.Lipscomb County, TX
10-055035SCHULTZ -A- 1LATIGO PETROLEUM, LLCLipscomb County, TX
10-055068SCHULTZ -B- 1LATIGO PETROLEUM, LLCLipscomb County, TX
10-071782SCHULTZ -A- 2LATIGO PETROLEUM, LLCLipscomb County, TX
10-153535SCHULTZ -B- 3LATIGO PETROLEUM, LLCLipscomb County, TX
10-156616SCHULTZ "B" 4BP AMERICA PRODUCTION COMPANYLipscomb County, TX
10-157914SCHULTZ A 4772LATIGO PETROLEUM, LLCLipscomb County, TX
10-158649SCHULTZ A 3772LATIGO PETROLEUM, LLCLipscomb County, TX
10-165746SCHULTZ A 5LATIGO PETROLEUM, LLCLipscomb County, TX
10-167929SCHULTZ B 6LATIGO PETROLEUM, LLCLipscomb County, TX
10-181211SCHULTZ -B- 3LATIGO PETROLEUM, LLCLipscomb County, TX
10-201078SCHULTZ A 6772LATIGO PETROLEUM, LLCLipscomb County, TX
10-210865SCHULTZ A 7772LATIGO PETROLEUM, LLCLipscomb 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
BeckerLipscomb County, TX93 BBLs2,050 MCFSep 2025
Becker ALipscomb County, TX0 BBLs637 MCFAug 2025
Becker Arthur JrLipscomb County, TX0 BBLs2,309 MCFAug 2025
Becker LeroyLipscomb County, TX0 BBLs3,477 MCFAug 2025
BoothLipscomb County, TX9,768 BBLs157,291 MCFSep 2025
Born AlexLipscomb County, TX0 BBLs8,300 MCFAug 2025
BradfordLipscomb County, TX34 BBLs20,710 MCFSep 2025
DukeLipscomb County, TX197 BBLs14,285 MCFSep 2025
Duke BasilLipscomb County, TX0 BBLs1,625 MCFAug 2025
FairLipscomb County, TX0 BBLs1,883 MCFAug 2025
GrayLipscomb County, TX208 BBLs4,644 MCFSep 2025
HanshuLipscomb County, TX0 BBLs5,221 MCFAug 2025
LaurieLipscomb County, TX0 BBLs1,716 MCFAug 2025
Meier Henry JLipscomb County, TX120 BBLs3,412 MCFSep 2025
RedelspergerLipscomb County, TX0 BBLs3,349 MCFAug 2025
SchoenhalsLipscomb County, TX0 BBLs594 MCFSep 2025
Stallings VIola MLipscomb County, TX0 BBLs2,040 MCFAug 2025
SuessLipscomb County, TX175 BBLs11,033 MCFSep 2025
TaterLipscomb County, TX0 BBLs0 MCFSep 2020
WassellLipscomb County, TX0 BBLs4,596 MCFAug 2025

Companies in the Area

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

Company Name
Alpar Resources, Inc.
Amoco Production Company
Apache Corporation
Be Anadarko II, LLC
BP America Production Company
Crescendo Resources, L.P.
Enron Oil & Gas Company
Hanshu Production Company
Hanshu Production Company, LLC
Home Petroleum Corp
K. Stewart Petroleum Corporation
Latigo Petroleum LLC
Maxus Exploration Company
Mewbourne Oil Company
Midgard Energy Company
Presidio Petroleum LLC
Remora Operating LLC
Samson Lone Star LP
Strat Land Exploration Company
Unit Petroleum Company

Owners of Schultz

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025LATIGO PETROLEUM LLCSCHULTZ -B- #3LATIGO PETROLEUM LLC
2025LATIGO PETROLEUM LLCSCHULTZ 'A' 6772LATIGO PETROLEUM LLC
2025LATIGO PETROLEUM LLCSCHULTZ 'A' #7772LATIGO PETROLEUM LLC
2025LATIGO PETROLEUM LLCSCHULTZ 'A' #5LATIGO PETROLEUM LLC
2025LATIGO PETROLEUM LLCSCHULTZ 'B' #6LATIGO PETROLEUM LLC
2025LATIGO PETROLEUM LLCSCHULTZ -B- #1LATIGO PETROLEUM LLC
2025LATIGO PETROLEUM LLCSCHULTZ 'A' #3772LATIGO PETROLEUM LLC
2025LATIGO PETROLEUM LLCSCHULTZ -A- #1LATIGO PETROLEUM LLC
Displaying 8 of 105 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
10-055068SCHULTZ -B- 1Mar 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-153535SCHULTZ -B- 3Mar 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-158649SCHULTZ A 3772Mar 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-165746SCHULTZ A 5Mar 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-167929SCHULTZ B 6Mar 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-201078SCHULTZ A 6772Mar 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-210865SCHULTZ A 7772Mar 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-055068SCHULTZ -B- 1Feb 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-153535SCHULTZ -B- 3Feb 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-158649SCHULTZ A 3772Feb 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-165746SCHULTZ A 5Feb 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-167929SCHULTZ B 6Feb 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-201078SCHULTZ A 6772Feb 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-210865SCHULTZ A 7772Feb 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-055068SCHULTZ -B- 1Jan 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-153535SCHULTZ -B- 3Jan 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-158649SCHULTZ A 3772Jan 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-165746SCHULTZ A 5Jan 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-167929SCHULTZ B 6Jan 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-201078SCHULTZ A 6772Jan 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-210865SCHULTZ A 7772Jan 2025ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-055068SCHULTZ -B- 1Dec 2024ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-153535SCHULTZ -B- 3Dec 2024ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-158649SCHULTZ A 3772Dec 2024ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC
10-165746SCHULTZ A 5Dec 2024ET GATHERING & PROCESSING LLCLATIGO PETROLEUM, LLC