SHER A
SHER A is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2001 to August 2026, totalling 340,032 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 $21K, with roughly $3K 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 114 thousand cubic feet a month. Its strongest month on the record we hold was August 2019, at 392 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 SHER A
- Who operates SHER A?
- SHER A is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is SHER A?
- SHER A is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 182765.
- Is SHER A still producing?
- SHER A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHER A is August 2026.
- How much has SHER A produced?
- SHER A has reported 340,032 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2001 and August 2026, from 1 wellbore.
- How much is SHER A worth?
- The remaining production from SHER A is estimated to be worth about $21K in total as of 26 August 2026, within a range of $16K to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHER A is a fraction of it. The estimate fits an Arps decline curve to the production SHER A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHER A is an estimate of value, not an offer and not an appraisal.
- How much income does SHER A generate in a year?
- SHER A is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHER A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Craig Ranch, E. (Morrow) |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 182765 |
| Wellbores | 1 |
| Reported production | 340,032 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $21K |
Where SHER A 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.