SHANNAM #3
SHANNAM #3 is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Hawkeye Transmission Company. It has 1 wellbore on file with the Commission. Reported production runs from April 1999 to August 2026, totalling 1,667 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 $8K, with roughly $2K 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 3 barrels a month. Its strongest month on the record we hold was April 2022, at 122 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SHANNAM #3
- Who operates SHANNAM #3?
- SHANNAM #3 is operated by Hawkeye Transmission Company, Railroad Commission of Texas operator number 366700.
- Where is SHANNAM #3?
- SHANNAM #3 is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 14891.
- Is SHANNAM #3 still producing?
- SHANNAM #3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHANNAM #3 is August 2026.
- How much has SHANNAM #3 produced?
- SHANNAM #3 has reported 1,667 barrels of oil (bbl) to the Railroad Commission of Texas between April 1999 and August 2026, from 1 wellbore.
- How much is SHANNAM #3 worth?
- The remaining production from SHANNAM #3 is estimated to be worth about $8K in total as of 27 August 2026, within a range of $0 to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHANNAM #3 is a fraction of it. The estimate fits an Arps decline curve to the production SHANNAM #3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHANNAM #3 is an estimate of value, not an offer and not an appraisal.
- How much income does SHANNAM #3 generate in a year?
- SHANNAM #3 is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHANNAM #3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hawkeye Transmission Company |
|---|---|
| Field | Shannon (San Andres) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 14891 |
| Wellbores | 1 |
| Reported production | 1,667 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where SHANNAM #3 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.