SHADY OAKS N 48-37

SHADY OAKS N 48-37 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by De3 Operating Llc. It has 3 wellbores on file with the Commission. Reported production runs from May 2020 to August 2026, totalling 567,950 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $136K, with roughly $35K expected over the next twelve months.

OperatorDe3 Operating Llc
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number54355
Wellbores3
Reported production567,950 bbl
First reportedMay 2020
Last reportedAugust 2026
Estimated royalty value$136K

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.