SHERIDAN GAS UNIT
SHERIDAN GAS UNIT is a Texas gas lease in Colorado County, Railroad Commission district 03, operated by Shell Western E&P Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 243,604 thousand cubic feet. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $28K, with roughly $4K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 33 thousand cubic feet a month. Its strongest month on the record we hold was April 2026, at 110 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about SHERIDAN GAS UNIT
- Who operates SHERIDAN GAS UNIT?
- SHERIDAN GAS UNIT is operated by Shell Western E&P Inc., Railroad Commission of Texas operator number 774720.
- Where is SHERIDAN GAS UNIT?
- SHERIDAN GAS UNIT is a Texas gas lease in Colorado County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 032193.
- Is SHERIDAN GAS UNIT still producing?
- SHERIDAN GAS UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SHERIDAN GAS UNIT is August 2026.
- How much has SHERIDAN GAS UNIT produced?
- SHERIDAN GAS UNIT has reported 243,604 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SHERIDAN GAS UNIT worth?
- The remaining production from SHERIDAN GAS UNIT is estimated to be worth about $28K in total as of 26 August 2026, within a range of $16K to $41K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHERIDAN GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHERIDAN GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHERIDAN GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHERIDAN GAS UNIT generate in a year?
- SHERIDAN GAS UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHERIDAN GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P Inc. |
|---|---|
| Field | Sheridan (Wilcox) |
| County | Colorado County, Texas |
| RRC district | 03 |
| Lease number | 032193 |
| Wellbores | 1 |
| Reported production | 243,604 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $28K |
Where SHERIDAN GAS UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.