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Royalty Clerk

Texas oil lease · RRC district 01 · Lease 18391

Producing

SCHULTEA

Schultea is an oil lease in Milam County, Texas, operated by Brazos Geological Consulting LT in the Midway (2300 Oil) field. The Railroad Commission shows 291 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

291bbl oil, last 12 months−17% vs prior year
Operator
Brazos Geological Consulting LT
County
Milam County
Field
Midway (2300 Oil)
RRC lease
01-18391

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Where it sits

This county

Milam CountyMilamFallsBellWilliamsonBrazosBurlesonRobertsonMilam County
Milam County · RRC district 01Open Milam County →
Oil in Jul 2026
25 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 17% over the last 12 months

291 bbl in the 12 months through Jul 2026, against 351 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production for SCHULTEA, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 291 bbl in the 12 months through Jul 2026, against 351 bbl in the 12 months before.Last 12 months: 291 bblbbl per month0255075100125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production for SCHULTEA, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 291 bbl in the 12 months through Jul 2026, against 351 bbl in the 12 months before.Last 12 monthsbbl per month0255075100125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 18391, district 01. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Nov 2024

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeSellers Lease Service, Inc., Jan 2020 to Oct 2024; Brazos Geological Consulting LT, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Sellers Lease Service, Inc.Jan 2020 to Oct 2024Brazos Geological Consulting…Nov 2024 to now
Operators of this lease over timeSellers Lease Service, Inc., Jan 2020 to Oct 2024; Brazos Geological Consulting LT, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Sellers Lease Service, Inc.Jan 2020 to Oct 2024Brazos Geological Consulting LTNov 2024 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 18391 in district 01. The API number is the state’s ID for a well.
Wells on SCHULTEA
API numberWell no.Status
42-331-348971Active

SourceTexas Railroad Commission Wellbore Query, district 01, lease 18391.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Gulfmark Energy, Inc. gathers it.

    100% of it, on the list since Nov 1, 2022

Companies that used to be listed: Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Nov 1, 2022).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

77.29 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
0
First completion
Feb 7, 2015
Latest permit
Jul 25, 2014
Wells and acres on the permits for Schultea
API numberWell no.Acreson the permit
42-331-34897177.29

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says SCHULTEA sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for SCHULTEA
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Brazos Geological250$80.46$2.89
Jun 2026Brazos Geological00$84.81$3.15
May 2026Brazos Geological00$102.13$2.94
Apr 2026Brazos Geological150$100.32$2.77
Mar 2026Brazos Geological24156$91.38$3.04
Feb 2026Brazos Geological480$64.51$3.62
Jan 2026Brazos Geological330$60.04$7.72
Dec 2025Brazos Geological00$57.97$4.26
Nov 2025Brazos Geological230$60.06$3.79
Oct 2025Brazos Geological240$60.89$3.19
Sep 2025Brazos Geological1157$63.96$2.97
Aug 2025Brazos Geological980$64.86$2.91
Jul 2025Brazos Geological170$68.39$3.20
Jun 2025Brazos Geological00$68.17$3.02
May 2025Brazos Geological460$62.17$3.12
Apr 2025Brazos Geological0155$63.54$3.42
Mar 2025Brazos Geological1050$68.24$4.12
Feb 2025Brazos Geological00$71.53$4.19
Jan 2025Brazos Geological110$75.74$4.13
Dec 2024Brazos Geological18160$70.12$3.01
Nov 2024Brazos Geological660$69.95$2.12
Oct 2024Sellers Lease00$71.99$2.20
Sep 2024Sellers Lease00$70.24$2.28
Aug 2024Sellers Lease880$76.68$1.99
Jul 2024Sellers Lease350$81.80$2.07
Jun 2024Sellers Lease35159$79.77$2.54
May 2024Sellers Lease00$80.02$2.12
Apr 2024Sellers Lease520$85.35$1.60
Mar 2024Sellers Lease160$81.28$1.49
Feb 2024Sellers Lease200$77.25$1.72
Jan 2024Sellers Lease270$74.15$3.18
Dec 2023Sellers Lease120$71.90$2.52
Nov 2023Sellers Lease80$77.69$2.71
Oct 2023Sellers Lease36156$85.64$2.98
Sep 2023Sellers Lease560$89.43$2.64
Aug 2023Sellers Lease260$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Upload your statements for SCHULTEA. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Brazos Geological Consulting LT.

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Around this lease

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This lease belongs to

OperatorBrazos Geological Consulting LTFieldMidway (2300 Oil)CountyMilam County

Brazos Geological Consulting LT in Milam County

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Midway (2300 Oil) field

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How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 18391, district 01, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.