SHERIDAN 27A UNIT
SHERIDAN 27A UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Alchemist Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2023 to August 2026, totalling 652,234 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 $3.0M, with roughly $937K 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 8,627 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 45,546 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 27A UNIT
- Who operates SHERIDAN 27A UNIT?
- SHERIDAN 27A UNIT is operated by Alchemist Energy, LLC, Railroad Commission of Texas operator number 011198.
- Where is SHERIDAN 27A UNIT?
- SHERIDAN 27A UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 294871.
- Is SHERIDAN 27A UNIT still producing?
- SHERIDAN 27A UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHERIDAN 27A UNIT is August 2026.
- How much has SHERIDAN 27A UNIT produced?
- SHERIDAN 27A UNIT has reported 652,234 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2023 and August 2026, from 1 wellbore.
- How much is SHERIDAN 27A UNIT worth?
- The remaining production from SHERIDAN 27A UNIT is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.5M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHERIDAN 27A UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHERIDAN 27A 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 27A UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHERIDAN 27A UNIT generate in a year?
- SHERIDAN 27A UNIT is forecast to net about $937K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHERIDAN 27A UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Alchemist Energy, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 294871 |
| Wellbores | 1 |
| Reported production | 652,234 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where SHERIDAN 27A 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.