SHERIDAN 96
SHERIDAN 96 is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Mcclure Oil Company, Inc. It has 2 wellbores on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 14,820 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 $141K, with roughly $27K 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 39 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was April 2019, at 294 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 SHERIDAN 96
- Who operates SHERIDAN 96?
- SHERIDAN 96 is operated by Mcclure Oil Company, Inc., Railroad Commission of Texas operator number 540703.
- Where is SHERIDAN 96?
- SHERIDAN 96 is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70854.
- Is SHERIDAN 96 still producing?
- SHERIDAN 96 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHERIDAN 96 is August 2026.
- How much has SHERIDAN 96 produced?
- SHERIDAN 96 has reported 14,820 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 2 wellbores.
- How much is SHERIDAN 96 worth?
- The remaining production from SHERIDAN 96 is estimated to be worth about $141K in total as of 27 August 2026, within a range of $78K to $205K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHERIDAN 96 is a fraction of it. The estimate fits an Arps decline curve to the production SHERIDAN 96 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHERIDAN 96 is an estimate of value, not an offer and not an appraisal.
- How much income does SHERIDAN 96 generate in a year?
- SHERIDAN 96 is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHERIDAN 96 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mcclure Oil Company, Inc. |
|---|---|
| Field | Homann (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 70854 |
| Wellbores | 2 |
| Reported production | 14,820 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $141K |
Where SHERIDAN 96 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.