SHANNON ESTATE
SHANNON ESTATE is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Smith Energy Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 56,948 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 $878K, with roughly $259K 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 373 barrels a month, about 187 per wellbore. Its strongest month on the record we hold was November 2019, at 1,661 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 ESTATE
- Who operates SHANNON ESTATE?
- SHANNON ESTATE is operated by Smith Energy Operating Company, Railroad Commission of Texas operator number 790956.
- Where is SHANNON ESTATE?
- SHANNON ESTATE is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20420.
- Is SHANNON ESTATE still producing?
- SHANNON ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHANNON ESTATE is August 2026.
- How much has SHANNON ESTATE produced?
- SHANNON ESTATE has reported 56,948 barrels of oil (bbl) to the Railroad Commission of Texas between September 2019 and August 2026, from 2 wellbores.
- How much is SHANNON ESTATE worth?
- The remaining production from SHANNON ESTATE is estimated to be worth about $878K in total as of 27 August 2026, within a range of $685K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHANNON ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production SHANNON ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHANNON ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does SHANNON ESTATE generate in a year?
- SHANNON ESTATE is forecast to net about $259K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHANNON ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Smith Energy Operating Company |
|---|---|
| Field | Noelke (Wolfcamp, Lower) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 20420 |
| Wellbores | 2 |
| Reported production | 56,948 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $878K |
Where SHANNON ESTATE 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.