SHURLEY 98
SHURLEY 98 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by Enron Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 315,279 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 $52K, with roughly $8K 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 308 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 993 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 SHURLEY 98
- Who operates SHURLEY 98?
- SHURLEY 98 is operated by Enron Oil & Gas Company, Railroad Commission of Texas operator number 253196.
- Where is SHURLEY 98?
- SHURLEY 98 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 138560.
- Is SHURLEY 98 still producing?
- SHURLEY 98 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHURLEY 98 is August 2026.
- How much has SHURLEY 98 produced?
- SHURLEY 98 has reported 315,279 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SHURLEY 98 worth?
- The remaining production from SHURLEY 98 is estimated to be worth about $52K in total as of 26 August 2026, within a range of $40K to $63K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHURLEY 98 is a fraction of it. The estimate fits an Arps decline curve to the production SHURLEY 98 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHURLEY 98 is an estimate of value, not an offer and not an appraisal.
- How much income does SHURLEY 98 generate in a year?
- SHURLEY 98 is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHURLEY 98 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enron Oil & Gas Company |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 138560 |
| Wellbores | 1 |
| Reported production | 315,279 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $52K |
Where SHURLEY 98 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.