SHORTES 43
SHORTES 43 is a Texas oil lease in Borden County, Railroad Commission district 08, operated by Big Star Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2011 to August 2026, totalling 27,695 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 $229K, with roughly $44K 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 81 barrels a month. Its strongest month on the record we hold was February 2018, at 263 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 SHORTES 43
- Who operates SHORTES 43?
- SHORTES 43 is operated by Big Star Oil & Gas, LLC, Railroad Commission of Texas operator number 070445.
- Where is SHORTES 43?
- SHORTES 43 is a Texas oil lease in Borden County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42070.
- Is SHORTES 43 still producing?
- SHORTES 43 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHORTES 43 is August 2026.
- How much has SHORTES 43 produced?
- SHORTES 43 has reported 27,695 barrels of oil (bbl) to the Railroad Commission of Texas between July 2011 and August 2026, from 1 wellbore.
- How much is SHORTES 43 worth?
- The remaining production from SHORTES 43 is estimated to be worth about $229K in total as of 27 August 2026, within a range of $126K to $332K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHORTES 43 is a fraction of it. The estimate fits an Arps decline curve to the production SHORTES 43 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHORTES 43 is an estimate of value, not an offer and not an appraisal.
- How much income does SHORTES 43 generate in a year?
- SHORTES 43 is forecast to net about $44K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHORTES 43 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Big Star Oil & Gas, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Borden County, Texas |
| RRC district | 08 |
| Lease number | 42070 |
| Wellbores | 1 |
| Reported production | 27,695 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $229K |
Where SHORTES 43 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.