SAPPHIRE
SAPPHIRE is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by Sha-Jam Operating Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 63,355 barrels. The lease is shut in. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $31, with roughly $6 expected over the next twelve months.
| Operator | Sha-Jam Operating Corp. |
|---|---|
| Field | Poe (Reef) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 18650 |
| Wellbores | 1 |
| Reported production | 63,355 bbl |
| First reported | January 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $31 |
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.