SHAFER, C. W. ACCOUNT 2

SHAFER, C. W. ACCOUNT 2 is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Texaco E & P Inc. It has 17 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,984,339 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 $2.9M, with roughly $689K 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 984 barrels a month, about 58 per wellbore. Its strongest month on the record we hold was August 2018, at 1,574 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 SHAFER, C. W. ACCOUNT 2

Who operates SHAFER, C. W. ACCOUNT 2?
SHAFER, C. W. ACCOUNT 2 is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
Where is SHAFER, C. W. ACCOUNT 2?
SHAFER, C. W. ACCOUNT 2 is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 11834.
Is SHAFER, C. W. ACCOUNT 2 still producing?
SHAFER, C. W. ACCOUNT 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHAFER, C. W. ACCOUNT 2 is August 2026.
How much has SHAFER, C. W. ACCOUNT 2 produced?
SHAFER, C. W. ACCOUNT 2 has reported 1,984,339 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 17 wellbores.
How much is SHAFER, C. W. ACCOUNT 2 worth?
The remaining production from SHAFER, C. W. ACCOUNT 2 is estimated to be worth about $2.9M in total as of 27 August 2026, within a range of $2.2M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHAFER, C. W. ACCOUNT 2 is a fraction of it. The estimate fits an Arps decline curve to the production SHAFER, C. W. ACCOUNT 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHAFER, C. W. ACCOUNT 2 is an estimate of value, not an offer and not an appraisal.
How much income does SHAFER, C. W. ACCOUNT 2 generate in a year?
SHAFER, C. W. ACCOUNT 2 is forecast to net about $689K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHAFER, C. W. ACCOUNT 2 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SHAFER, C. W. ACCOUNT 2 as filed with the Railroad Commission of Texas
OperatorTexaco E & P Inc.
FieldSpraberry, Deep (Spraberry, Lo.)
CountyDawson County, Texas
RRC district8A
Lease number11834
Wellbores17
Reported production1,984,339 bbl
First reported
Last reported
Estimated royalty value$2.9M

Where SHAFER, C. W. ACCOUNT 2 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.