SHRADER, W. PAUL
SHRADER, W. PAUL is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Midgard Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from November 1995 to August 2026, totalling 360,631 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 $43K, 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 545 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 1,300 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 SHRADER, W. PAUL
- Who operates SHRADER, W. PAUL?
- SHRADER, W. PAUL is operated by Midgard Energy Company, Railroad Commission of Texas operator number 565050.
- Where is SHRADER, W. PAUL?
- SHRADER, W. PAUL is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 157016.
- Is SHRADER, W. PAUL still producing?
- SHRADER, W. PAUL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHRADER, W. PAUL is August 2026.
- How much has SHRADER, W. PAUL produced?
- SHRADER, W. PAUL has reported 360,631 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1995 and August 2026, from 1 wellbore.
- How much is SHRADER, W. PAUL worth?
- The remaining production from SHRADER, W. PAUL is estimated to be worth about $43K in total as of 26 August 2026, within a range of $34K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHRADER, W. PAUL is a fraction of it. The estimate fits an Arps decline curve to the production SHRADER, W. PAUL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHRADER, W. PAUL is an estimate of value, not an offer and not an appraisal.
- How much income does SHRADER, W. PAUL generate in a year?
- SHRADER, W. PAUL is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHRADER, W. PAUL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midgard Energy Company |
|---|---|
| Field | Ellis Ranch (Atoka) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 157016 |
| Wellbores | 1 |
| Reported production | 360,631 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $43K |
Where SHRADER, W. PAUL 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.