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Royalty Clerk

Texas oil lease · RRC district 03 · Lease 20151

Producing

SCHULZE

Schulze is an oil lease in Lee County, Texas, operated by Leexus Oil LLC in the Giddings (Austin Chalk-3) field. The Railroad Commission shows 3,826 mcf of gas in the 12 months through Jul 2026.

Gas well dossier · 1 well

3,826mcf gas, last 12 months−21% vs prior year
Operator
Leexus Oil LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-20151

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County · RRC district 03Open Lee County →
Gas in Jul 2026
296 mcf
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).

Gas output fell 21% over the last 12 months

3,826 mcf in the 12 months through Jul 2026, against 4,834 mcf in the 12 months before.

  • Gas (bars, left axis)
  • Oil (line, right axis)
  • Last 12 months
Gas output fell 21% over the last 12 monthsMonthly gas production and oil for SCHULZE, Aug 2023 to Jul 2026. Gas output fell 21% over the last 12 months. 3,826 mcf in the 12 months through Jul 2026, against 4,834 mcf in the 12 months before.Last 12 months: 3,826 mcfmcf per monthbbl per month002502550050750751,000100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 21% over the last 12 monthsMonthly gas production and oil for SCHULZE, Aug 2023 to Jul 2026. Gas output fell 21% over the last 12 months. 3,826 mcf in the 12 months through Jul 2026, against 4,834 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002502550050750751,000100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 20151, district 03. 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.

96% of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

  • Transmission line (2)
  • Lease fuel (1)
96% of the gas went to a transmission line in the last 12 monthsShare of SCHULZE gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a transmission line in the last 12 monthsShare of SCHULZE gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 20151, district 03. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

None of the gas was flared in the last 12 months.

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.

Leexus Oil LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeLeexus Oil LLC, Jan 2020 to Jul 20262020202120222023202420252026Leexus Oil LLCJan 2020 to nowthrough Jul 2026
Operators of this lease over timeLeexus Oil LLC, Jan 2020 to Jul 20262020202120222023202420252026Leexus Oil LLCJan 2020 to nowthrough Jul 2026

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 20151 in district 03. The API number is the state’s ID for a well.
Wells on SCHULZE
API numberWell no.Status
42-287-322041Active

SourceTexas Railroad Commission Wellbore Query, district 03, lease 20151.

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

    Energy Transfer Marketing & Term gathers it.

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

Companies that used to be listed: Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Dec 1, 2022); Energy Transfer Company (gathers it, until Jul 1, 2020); Energy Transfer Company (buys it, until Jul 1, 2020); 4J Energy, LLC (gathers it, until Jul 1, 2020).

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

154.18 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
22 not plugged
Horizontal
2
First completion
Jun 26, 1988
Latest permit
May 23, 2011

A pooling certificate was filed

Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Wells and acres on the permits for Schulze
API numberWell no.Acreson the permit
42-287-322041154.18
42-287-322041H154.18

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 SCHULZE sold each month.

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

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. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for SCHULZE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Leexus Oil002962830$80.46$2.89
Jun 2026Leexus Oil002732610$84.81$3.15
May 2026Leexus Oil003062910$102.13$2.94
Apr 2026Leexus Oil002892750$100.32$2.77
Mar 2026Leexus Oil003072940$91.38$3.04
Feb 2026Leexus Oil002672560$64.51$3.62
Jan 2026Leexus Oil002782660$60.04$7.72
Dec 2025Leexus Oil003603470$57.97$4.26
Nov 2025Leexus Oil002242160$60.06$3.79
Oct 2025Leexus Oil003383260$60.89$3.19
Sep 2025Leexus Oil003223100$63.96$2.97
Aug 2025Leexus Oil005665440$64.86$2.91
Jul 2025Leexus Oil002802700$68.39$3.20
Jun 2025Leexus Oil101491430$68.17$3.02
May 2025Leexus Oil1104033880$62.17$3.12
Apr 2025Leexus Oil311124924730$63.54$3.42
Mar 2025Leexus Oil8805935700$68.24$4.12
Feb 2025Leexus Oil909228850$71.53$4.19
Jan 2025Leexus Oil07557550$75.74$4.13
Dec 2024Leexus Oil1802552430$70.12$3.01
Nov 2024Leexus Oil2203723570$69.95$2.12
Oct 2024Leexus Oil3703933780$71.99$2.20
Sep 2024Leexus Oil251734063880$70.24$2.28
Aug 2024Leexus Oil3205124890$76.68$1.99
Jul 2024Leexus Oil4305124890$81.80$2.07
Jun 2024Leexus Oil1905074850$79.77$2.54
May 2024Leexus Oil3808428050$80.02$2.12
Apr 2024Leexus Oil14082780$85.35$1.60
Mar 2024Leexus Oil251665034800$81.28$1.49
Feb 2024Leexus Oil2704404200$77.25$1.72
Jan 2024Leexus Oil4104924690$74.15$3.18
Dec 2023Leexus Oil3404934690$71.90$2.52
Nov 2023Leexus Oil4508227840$77.69$2.71
Oct 2023Leexus Oil1073700$85.64$2.98
Sep 2023Leexus Oil231414234050$89.43$2.64
Aug 2023Leexus Oil3604354170$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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Around this lease

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This lease belongs to

OperatorLeexus Oil LLCFieldGiddings (Austin Chalk-3)CountyLee County

Leexus Oil LLC in Lee County

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Giddings (Austin Chalk-3) field

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Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

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 “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf 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 20151, district 03, 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.