SHELTON
SHELTON is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Sage Energy Company. It has 2 wellbores on file with the Commission. Reported production runs from August 1996 to August 2026, totalling 18,146 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 $94K, with roughly $18K 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 33 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was January 2023, at 81 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 SHELTON
- Who operates SHELTON?
- SHELTON is operated by Sage Energy Company, Railroad Commission of Texas operator number 743215.
- Where is SHELTON?
- SHELTON is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 35060.
- Is SHELTON still producing?
- SHELTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHELTON is August 2026.
- How much has SHELTON produced?
- SHELTON has reported 18,146 barrels of oil (bbl) to the Railroad Commission of Texas between August 1996 and August 2026, from 2 wellbores.
- How much is SHELTON worth?
- The remaining production from SHELTON is estimated to be worth about $94K in total as of 27 August 2026, within a range of $52K to $136K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHELTON is a fraction of it. The estimate fits an Arps decline curve to the production SHELTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHELTON is an estimate of value, not an offer and not an appraisal.
- How much income does SHELTON generate in a year?
- SHELTON is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHELTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sage Energy Company |
|---|---|
| Field | Shafter Lake (Yates) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 35060 |
| Wellbores | 2 |
| Reported production | 18,146 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $94K |
Where SHELTON 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.