SHANNON HOSPITAL 4 #3 UNIT
SHANNON HOSPITAL 4 #3 UNIT is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Eog Resources, Inc. It has 4 wellbores on file with the Commission. Reported production runs from July 2005 to August 2026, totalling 319,544 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 $978K, with roughly $183K 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 205 barrels a month, about 51 per wellbore. Its strongest month on the record we hold was December 2020, at 1,057 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 SHANNON HOSPITAL 4 #3 UNIT
- Who operates SHANNON HOSPITAL 4 #3 UNIT?
- SHANNON HOSPITAL 4 #3 UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is SHANNON HOSPITAL 4 #3 UNIT?
- SHANNON HOSPITAL 4 #3 UNIT is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15783.
- Is SHANNON HOSPITAL 4 #3 UNIT still producing?
- SHANNON HOSPITAL 4 #3 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHANNON HOSPITAL 4 #3 UNIT is August 2026.
- How much has SHANNON HOSPITAL 4 #3 UNIT produced?
- SHANNON HOSPITAL 4 #3 UNIT has reported 319,544 barrels of oil (bbl) to the Railroad Commission of Texas between July 2005 and August 2026, from 4 wellbores.
- How much is SHANNON HOSPITAL 4 #3 UNIT worth?
- The remaining production from SHANNON HOSPITAL 4 #3 UNIT is estimated to be worth about $978K in total as of 27 August 2026, within a range of $763K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHANNON HOSPITAL 4 #3 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHANNON HOSPITAL 4 #3 UNIT 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 4 #3 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHANNON HOSPITAL 4 #3 UNIT generate in a year?
- SHANNON HOSPITAL 4 #3 UNIT is forecast to net about $183K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHANNON HOSPITAL 4 #3 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Noelke (Wolfcamp, Lower) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 15783 |
| Wellbores | 4 |
| Reported production | 319,544 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $978K |
Where SHANNON HOSPITAL 4 #3 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.