SHADY GROVE BAPTIST CH. OIL UNIT
SHADY GROVE BAPTIST CH. OIL UNIT is a Texas oil lease in Panola County, Railroad Commission district 06, operated by Phillips, Jack L. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 31,486 barrels. The lease is intermittent. 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 $653, with roughly $126 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 0 barrels a month. Its strongest month on the record we hold was December 2016, at 143 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SHADY GROVE BAPTIST CH. OIL UNIT
- Who operates SHADY GROVE BAPTIST CH. OIL UNIT?
- SHADY GROVE BAPTIST CH. OIL UNIT is operated by Phillips, Jack L., Railroad Commission of Texas operator number 663080.
- Where is SHADY GROVE BAPTIST CH. OIL UNIT?
- SHADY GROVE BAPTIST CH. OIL UNIT is a Texas oil lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 03953.
- Is SHADY GROVE BAPTIST CH. OIL UNIT still producing?
- SHADY GROVE BAPTIST CH. OIL UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SHADY GROVE BAPTIST CH. OIL UNIT is August 2026.
- How much has SHADY GROVE BAPTIST CH. OIL UNIT produced?
- SHADY GROVE BAPTIST CH. OIL UNIT has reported 31,486 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SHADY GROVE BAPTIST CH. OIL UNIT worth?
- The remaining production from SHADY GROVE BAPTIST CH. OIL UNIT is estimated to be worth about $653 in total as of 27 August 2026, within a range of $0 to $1K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHADY GROVE BAPTIST CH. OIL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHADY GROVE BAPTIST CH. OIL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHADY GROVE BAPTIST CH. OIL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHADY GROVE BAPTIST CH. OIL UNIT generate in a year?
- SHADY GROVE BAPTIST CH. OIL UNIT is forecast to net about $126 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHADY GROVE BAPTIST CH. OIL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips, Jack L. |
|---|---|
| Field | Carthage (Barbara) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 03953 |
| Wellbores | 1 |
| Reported production | 31,486 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $653 |
Where SHADY GROVE BAPTIST CH. OIL 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.