TXL 05B
TXL 05B is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Sheridan Production Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 190,440 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 $1.9M, with roughly $621K 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 846 barrels a month. Its strongest month on the record we hold was May 2018, at 10,397 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 TXL 05B
- Who operates TXL 05B?
- TXL 05B is operated by Sheridan Production Company, LLC, Railroad Commission of Texas operator number 775854.
- Where is TXL 05B?
- TXL 05B is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50136.
- Is TXL 05B still producing?
- TXL 05B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL 05B is August 2026.
- How much has TXL 05B produced?
- TXL 05B has reported 190,440 barrels of oil (bbl) to the Railroad Commission of Texas between April 2018 and August 2026, from 1 wellbore.
- How much is TXL 05B worth?
- The remaining production from TXL 05B is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL 05B is a fraction of it. The estimate fits an Arps decline curve to the production TXL 05B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL 05B is an estimate of value, not an offer and not an appraisal.
- How much income does TXL 05B generate in a year?
- TXL 05B is forecast to net about $621K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TXL 05B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sheridan Production Company, LLC |
|---|---|
| Field | Goldsmith |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 50136 |
| Wellbores | 1 |
| Reported production | 190,440 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where TXL 05B 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.