SHACKELFORD W40E
SHACKELFORD W40E is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 402,577 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 $961K, with roughly $531K 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 947 barrels a month. Its strongest month on the record we hold was December 2020, at 24,899 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 SHACKELFORD W40E
- Who operates SHACKELFORD W40E?
- SHACKELFORD W40E is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SHACKELFORD W40E?
- SHACKELFORD W40E is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54493.
- Is SHACKELFORD W40E still producing?
- SHACKELFORD W40E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHACKELFORD W40E is August 2026.
- How much has SHACKELFORD W40E produced?
- SHACKELFORD W40E has reported 402,577 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is SHACKELFORD W40E worth?
- The remaining production from SHACKELFORD W40E is estimated to be worth about $961K in total as of 27 August 2026, within a range of $750K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHACKELFORD W40E is a fraction of it. The estimate fits an Arps decline curve to the production SHACKELFORD W40E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHACKELFORD W40E is an estimate of value, not an offer and not an appraisal.
- How much income does SHACKELFORD W40E generate in a year?
- SHACKELFORD W40E is forecast to net about $531K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHACKELFORD W40E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 54493 |
| Wellbores | 1 |
| Reported production | 402,577 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $961K |
Where SHACKELFORD W40E 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.