SOUTHEAST LEVELLAND UNIT
SOUTHEAST LEVELLAND UNIT is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Shell Western E&P Inc. It has 385 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 24,379,333 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 $134.9M, with roughly $30.9M 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 41,647 barrels a month, about 108 per wellbore. Its strongest month on the record we hold was July 2019, at 71,149 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 SOUTHEAST LEVELLAND UNIT
- Who operates SOUTHEAST LEVELLAND UNIT?
- SOUTHEAST LEVELLAND UNIT is operated by Shell Western E&P Inc., Railroad Commission of Texas operator number 774720.
- Where is SOUTHEAST LEVELLAND UNIT?
- SOUTHEAST LEVELLAND UNIT is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 18515.
- Is SOUTHEAST LEVELLAND UNIT still producing?
- SOUTHEAST LEVELLAND UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTHEAST LEVELLAND UNIT is August 2026.
- How much has SOUTHEAST LEVELLAND UNIT produced?
- SOUTHEAST LEVELLAND UNIT has reported 24,379,333 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 385 wellbores.
- How much is SOUTHEAST LEVELLAND UNIT worth?
- The remaining production from SOUTHEAST LEVELLAND UNIT is estimated to be worth about $134.9M in total as of 27 August 2026, within a range of $110.6M to $159.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTHEAST LEVELLAND UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SOUTHEAST LEVELLAND UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTHEAST LEVELLAND UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTHEAST LEVELLAND UNIT generate in a year?
- SOUTHEAST LEVELLAND UNIT is forecast to net about $30.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTHEAST LEVELLAND UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P Inc. |
|---|---|
| Field | Levelland |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 18515 |
| Wellbores | 385 |
| Reported production | 24,379,333 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $134.9M |
Where SOUTHEAST LEVELLAND UNIT 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.