BALES 9400' SAND UNIT

BALES 9400' SAND UNIT is a Texas gas lease in Hidalgo County, Railroad Commission district 04, operated by Shell Western E&P. It has 1 wellbore on file with the Commission. Reported production runs from August 2005 to August 2026, totalling 182,105 thousand cubic feet. The lease is currently producing. 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 $67K, with roughly $10K 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 414 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 1,196 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BALES 9400' SAND UNIT

Who operates BALES 9400' SAND UNIT?
BALES 9400' SAND UNIT is operated by Shell Western E&P, Railroad Commission of Texas operator number 774719.
Where is BALES 9400' SAND UNIT?
BALES 9400' SAND UNIT is a Texas gas lease in Hidalgo County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 214171.
Is BALES 9400' SAND UNIT still producing?
BALES 9400' SAND UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALES 9400' SAND UNIT is August 2026.
How much has BALES 9400' SAND UNIT produced?
BALES 9400' SAND UNIT has reported 182,105 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2005 and August 2026, from 1 wellbore.
How much is BALES 9400' SAND UNIT worth?
The remaining production from BALES 9400' SAND UNIT is estimated to be worth about $67K in total as of 27 August 2026, within a range of $52K to $81K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALES 9400' SAND UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BALES 9400' SAND UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALES 9400' SAND UNIT is an estimate of value, not an offer and not an appraisal.
How much income does BALES 9400' SAND UNIT generate in a year?
BALES 9400' SAND UNIT is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BALES 9400' SAND UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BALES 9400' SAND UNIT as filed with the Railroad Commission of Texas
OperatorShell Western E&P
FieldMcallen (9400)
CountyHidalgo County, Texas
RRC district04
Lease number214171
Wellbores1
Reported production182,105 mcf
First reported
Last reported
Estimated royalty value$67K

Where BALES 9400' SAND 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.