SHELLEY "A"
SHELLEY "A" is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Anadarko Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 2002 to August 2026, totalling 1,111,557 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 $21K, with roughly $16K 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 1,952 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 4,980 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SHELLEY "A"
- Who operates SHELLEY "A"?
- SHELLEY "A" is operated by Anadarko Petroleum Corporation, Railroad Commission of Texas operator number 020572.
- Where is SHELLEY "A"?
- SHELLEY "A" is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 187696.
- Is SHELLEY "A" still producing?
- SHELLEY "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHELLEY "A" is August 2026.
- How much has SHELLEY "A" produced?
- SHELLEY "A" has reported 1,111,557 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2002 and August 2026, from 1 wellbore.
- How much is SHELLEY "A" worth?
- The remaining production from SHELLEY "A" is estimated to be worth about $21K in total as of 26 August 2026, within a range of $18K to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHELLEY "A" is a fraction of it. The estimate fits an Arps decline curve to the production SHELLEY "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHELLEY "A" is an estimate of value, not an offer and not an appraisal.
- How much income does SHELLEY "A" generate in a year?
- SHELLEY "A" is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHELLEY "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko Petroleum Corporation |
|---|---|
| Field | Freestone (Bossier Sand) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 187696 |
| Wellbores | 1 |
| Reported production | 1,111,557 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $21K |
Where SHELLEY "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.