SHACKELFORD 39E
SHACKELFORD 39E 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 September 2021 to August 2026, totalling 318,804 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 $10.5M, with roughly $1.9M 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 1,946 barrels a month. Its strongest month on the record we hold was January 2022, at 42,231 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 39E
- Who operates SHACKELFORD 39E?
- SHACKELFORD 39E is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SHACKELFORD 39E?
- SHACKELFORD 39E is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56531.
- Is SHACKELFORD 39E still producing?
- SHACKELFORD 39E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHACKELFORD 39E is August 2026.
- How much has SHACKELFORD 39E produced?
- SHACKELFORD 39E has reported 318,804 barrels of oil (bbl) to the Railroad Commission of Texas between September 2021 and August 2026, from 1 wellbore.
- How much is SHACKELFORD 39E worth?
- The remaining production from SHACKELFORD 39E is estimated to be worth about $10.5M in total as of 26 August 2026, within a range of $8.7M to $12.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHACKELFORD 39E is a fraction of it. The estimate fits an Arps decline curve to the production SHACKELFORD 39E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHACKELFORD 39E is an estimate of value, not an offer and not an appraisal.
- How much income does SHACKELFORD 39E generate in a year?
- SHACKELFORD 39E is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHACKELFORD 39E 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) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 56531 |
| Wellbores | 1 |
| Reported production | 318,804 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.5M |
Where SHACKELFORD 39E 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.