VENABLE -12-
VENABLE -12- is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Shackelford,Frank Oil Properties. It has 1 wellbore on file with the Commission. Reported production runs from November 1995 to August 2026, totalling 16,492 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $34, with roughly $5 expected over the next twelve months.
| Operator | Shackelford,Frank Oil Properties |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 14142 |
| Wellbores | 1 |
| Reported production | 16,492 bbl |
| First reported | November 1995 |
| Last reported | August 2026 |
| Estimated royalty value | $34 |
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.