SHANNON HOSPITAL 18
SHANNON HOSPITAL 18 is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Thompson, J. Cleo. It has 2 wellbores on file with the Commission. Reported production runs from December 2001 to August 2026, totalling 71,294 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 $129K, with roughly $25K 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 47 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was March 2019, at 267 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SHANNON HOSPITAL 18
- Who operates SHANNON HOSPITAL 18?
- SHANNON HOSPITAL 18 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is SHANNON HOSPITAL 18?
- SHANNON HOSPITAL 18 is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15208.
- Is SHANNON HOSPITAL 18 still producing?
- SHANNON HOSPITAL 18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHANNON HOSPITAL 18 is August 2026.
- How much has SHANNON HOSPITAL 18 produced?
- SHANNON HOSPITAL 18 has reported 71,294 barrels of oil (bbl) to the Railroad Commission of Texas between December 2001 and August 2026, from 2 wellbores.
- How much is SHANNON HOSPITAL 18 worth?
- The remaining production from SHANNON HOSPITAL 18 is estimated to be worth about $129K in total as of 27 August 2026, within a range of $71K to $188K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHANNON HOSPITAL 18 is a fraction of it. The estimate fits an Arps decline curve to the production SHANNON HOSPITAL 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHANNON HOSPITAL 18 is an estimate of value, not an offer and not an appraisal.
- How much income does SHANNON HOSPITAL 18 generate in a year?
- SHANNON HOSPITAL 18 is forecast to net about $25K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHANNON HOSPITAL 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Shannon Hospital (Strawn) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 15208 |
| Wellbores | 2 |
| Reported production | 71,294 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $129K |
Where SHANNON HOSPITAL 18 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.