SHANNON ESTATE B
SHANNON ESTATE B is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Laguna Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 31,832 barrels. The lease is intermittent. 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 $809K, with roughly $156K 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 133 barrels a month. Its strongest month on the record we hold was November 2025, at 312 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 SHANNON ESTATE B
- Who operates SHANNON ESTATE B?
- SHANNON ESTATE B is operated by Laguna Petroleum Corporation, Railroad Commission of Texas operator number 482327.
- Where is SHANNON ESTATE B?
- SHANNON ESTATE B is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 10945.
- Is SHANNON ESTATE B still producing?
- SHANNON ESTATE B is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SHANNON ESTATE B is August 2026.
- How much has SHANNON ESTATE B produced?
- SHANNON ESTATE B has reported 31,832 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SHANNON ESTATE B worth?
- The remaining production from SHANNON ESTATE B is estimated to be worth about $809K in total as of 27 August 2026, within a range of $631K to $987K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHANNON ESTATE B is a fraction of it. The estimate fits an Arps decline curve to the production SHANNON ESTATE B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHANNON ESTATE B is an estimate of value, not an offer and not an appraisal.
- How much income does SHANNON ESTATE B generate in a year?
- SHANNON ESTATE B is forecast to net about $156K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHANNON ESTATE B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laguna Petroleum Corporation |
|---|---|
| Field | Condo (Ellenburger) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 10945 |
| Wellbores | 1 |
| Reported production | 31,832 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $809K |
Where SHANNON ESTATE B 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.