BATES 1-63 LOV UNIT
BATES 1-63 LOV UNIT is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Shell Western E&P. It has 1 wellbore on file with the Commission. Reported production runs from July 2013 to August 2026, totalling 557,548 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 a standard royalty share at about $43K, with roughly $12K expected over the next twelve months.
| Operator | Shell Western E&P |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 287376 |
| Wellbores | 1 |
| Reported production | 557,548 mcf |
| First reported | July 2013 |
| Last reported | August 2026 |
| Estimated royalty value | $43K |
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.