SHELBY "A"
SHELBY "A" is a Texas oil lease in Denton County, Railroad Commission district 09, operated by Shelby, Michael H. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,069 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 $22K, with roughly $4K 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 15 barrels a month. Its strongest month on the record we hold was August 2021, at 65 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SHELBY "A"
- Who operates SHELBY "A"?
- SHELBY "A" is operated by Shelby, Michael H., Railroad Commission of Texas operator number 773660.
- Where is SHELBY "A"?
- SHELBY "A" is a Texas oil lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 24275.
- Is SHELBY "A" still producing?
- SHELBY "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHELBY "A" is August 2026.
- How much has SHELBY "A" produced?
- SHELBY "A" has reported 10,069 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SHELBY "A" worth?
- The remaining production from SHELBY "A" is estimated to be worth about $22K in total as of 26 August 2026, within a range of $12K to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHELBY "A" is a fraction of it. The estimate fits an Arps decline curve to the production SHELBY "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHELBY "A" is an estimate of value, not an offer and not an appraisal.
- How much income does SHELBY "A" generate in a year?
- SHELBY "A" is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHELBY "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shelby, Michael H. |
|---|---|
| Field | Fritcher Sand |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 24275 |
| Wellbores | 1 |
| Reported production | 10,069 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $22K |
Where SHELBY "A" 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.