SHELL FEE 51
SHELL FEE 51 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Samson Lone Star, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2007 to August 2026, totalling 297,371 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 $118K, with roughly $24K 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 432 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 1,157 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 SHELL FEE 51
- Who operates SHELL FEE 51?
- SHELL FEE 51 is operated by Samson Lone Star, LLC, Railroad Commission of Texas operator number 744737.
- Where is SHELL FEE 51?
- SHELL FEE 51 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 235738.
- Is SHELL FEE 51 still producing?
- SHELL FEE 51 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHELL FEE 51 is August 2026.
- How much has SHELL FEE 51 produced?
- SHELL FEE 51 has reported 297,371 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2007 and August 2026, from 1 wellbore.
- How much is SHELL FEE 51 worth?
- The remaining production from SHELL FEE 51 is estimated to be worth about $118K in total as of 27 August 2026, within a range of $92K to $143K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHELL FEE 51 is a fraction of it. The estimate fits an Arps decline curve to the production SHELL FEE 51 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHELL FEE 51 is an estimate of value, not an offer and not an appraisal.
- How much income does SHELL FEE 51 generate in a year?
- SHELL FEE 51 is forecast to net about $24K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHELL FEE 51 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samson Lone Star, LLC |
|---|---|
| Field | Hemphill (Granite Wash.) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 235738 |
| Wellbores | 1 |
| Reported production | 297,371 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $118K |
Where SHELL FEE 51 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.