SHACKELFORD "7"
SHACKELFORD "7" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Parsley Energy Operations, LLC. It has 14 wellbores on file with the Commission. Reported production runs from November 2010 to August 2026, totalling 929,395 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 $4.2M, with roughly $891K 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 1,063 barrels a month, about 76 per wellbore. Its strongest month on the record we hold was May 2016, at 7,320 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SHACKELFORD "7"
- Who operates SHACKELFORD "7"?
- SHACKELFORD "7" is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is SHACKELFORD "7"?
- SHACKELFORD "7" is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17329.
- Is SHACKELFORD "7" still producing?
- SHACKELFORD "7" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHACKELFORD "7" is August 2026.
- How much has SHACKELFORD "7" produced?
- SHACKELFORD "7" has reported 929,395 barrels of oil (bbl) to the Railroad Commission of Texas between November 2010 and August 2026, from 14 wellbores.
- How much is SHACKELFORD "7" worth?
- The remaining production from SHACKELFORD "7" is estimated to be worth about $4.2M in total as of 26 August 2026, within a range of $3.5M to $4.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHACKELFORD "7" is a fraction of it. The estimate fits an Arps decline curve to the production SHACKELFORD "7" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHACKELFORD "7" is an estimate of value, not an offer and not an appraisal.
- How much income does SHACKELFORD "7" generate in a year?
- SHACKELFORD "7" is forecast to net about $891K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHACKELFORD "7" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 17329 |
| Wellbores | 14 |
| Reported production | 929,395 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.2M |
Where SHACKELFORD "7" 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.