SHACKELFORD 40-12C

SHACKELFORD 40-12C 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 2023 to August 2026, totalling 485,515 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 $274K, with roughly $87K expected over the next twelve months.

OperatorPioneer Natural Res. Usa, Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number59449
Wellbores1
Reported production485,515 bbl
First reportedMarch 2023
Last reportedAugust 2026
Estimated royalty value$274K

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.