SHAW SMITH 01
SHAW SMITH 01 is a Texas gas lease in De Witt County, Railroad Commission district 02, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2011 to August 2026, totalling 1,131,431 thousand cubic feet. 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 $73K, with roughly $28K 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 760 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 4,180 thousand cubic feet. 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 SHAW SMITH 01
- Who operates SHAW SMITH 01?
- SHAW SMITH 01 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SHAW SMITH 01?
- SHAW SMITH 01 is a Texas gas lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 261075.
- Is SHAW SMITH 01 still producing?
- SHAW SMITH 01 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHAW SMITH 01 is August 2026.
- How much has SHAW SMITH 01 produced?
- SHAW SMITH 01 has reported 1,131,431 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2011 and August 2026, from 1 wellbore.
- How much is SHAW SMITH 01 worth?
- The remaining production from SHAW SMITH 01 is estimated to be worth about $73K in total as of 27 August 2026, within a range of $57K to $89K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHAW SMITH 01 is a fraction of it. The estimate fits an Arps decline curve to the production SHAW SMITH 01 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHAW SMITH 01 is an estimate of value, not an offer and not an appraisal.
- How much income does SHAW SMITH 01 generate in a year?
- SHAW SMITH 01 is forecast to net about $28K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHAW SMITH 01 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | De Witt (Eagle Ford Shale) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 261075 |
| Wellbores | 1 |
| Reported production | 1,131,431 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $73K |
Where SHAW SMITH 01 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.