SHORT
SHORT is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Teaco. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,152 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 $67K, with roughly $13K 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 24 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was February 2019, at 61 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 SHORT
- Who operates SHORT?
- SHORT is operated by Teaco, Railroad Commission of Texas operator number 840700.
- Where is SHORT?
- SHORT is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 63783.
- Is SHORT still producing?
- SHORT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHORT is August 2026.
- How much has SHORT produced?
- SHORT has reported 30,152 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is SHORT worth?
- The remaining production from SHORT is estimated to be worth about $67K in total as of 26 August 2026, within a range of $37K to $98K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHORT is a fraction of it. The estimate fits an Arps decline curve to the production SHORT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHORT is an estimate of value, not an offer and not an appraisal.
- How much income does SHORT generate in a year?
- SHORT is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHORT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Teaco |
|---|---|
| Field | Dorward |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 63783 |
| Wellbores | 4 |
| Reported production | 30,152 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $67K |
Where SHORT 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.