SHIVERS, J. R. 12
SHIVERS, J. R. 12 is a Texas oil lease in Van Zandt County, Railroad Commission district 05, operated by Union Oil Company Of California. It has 1 wellbore on file with the Commission. Reported production runs from June 2000 to August 2026, totalling 19,347 barrels. 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 $633K, with roughly $121K 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 168 barrels a month. Its strongest month on the record we hold was November 2023, at 212 barrels. 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 SHIVERS, J. R. 12
- Who operates SHIVERS, J. R. 12?
- SHIVERS, J. R. 12 is operated by Union Oil Company Of California, Railroad Commission of Texas operator number 876520.
- Where is SHIVERS, J. R. 12?
- SHIVERS, J. R. 12 is a Texas oil lease in Van Zandt County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03700.
- Is SHIVERS, J. R. 12 still producing?
- SHIVERS, J. R. 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHIVERS, J. R. 12 is August 2026.
- How much has SHIVERS, J. R. 12 produced?
- SHIVERS, J. R. 12 has reported 19,347 barrels of oil (bbl) to the Railroad Commission of Texas between June 2000 and August 2026, from 1 wellbore.
- How much is SHIVERS, J. R. 12 worth?
- The remaining production from SHIVERS, J. R. 12 is estimated to be worth about $633K in total as of 26 August 2026, within a range of $493K to $772K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHIVERS, J. R. 12 is a fraction of it. The estimate fits an Arps decline curve to the production SHIVERS, J. R. 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHIVERS, J. R. 12 is an estimate of value, not an offer and not an appraisal.
- How much income does SHIVERS, J. R. 12 generate in a year?
- SHIVERS, J. R. 12 is forecast to net about $121K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHIVERS, J. R. 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Oil Company Of California |
|---|---|
| Field | Van (Rodessa) |
| County | Van Zandt County, Texas |
| RRC district | 05 |
| Lease number | 03700 |
| Wellbores | 1 |
| Reported production | 19,347 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $633K |
Where SHIVERS, J. R. 12 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.