SHELTON UNIT
SHELTON UNIT is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Slawson Exploration Company, Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 22,670 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 $147K, with roughly $28K 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 33 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was January 2023, at 291 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 SHELTON UNIT
- Who operates SHELTON UNIT?
- SHELTON UNIT is operated by Slawson Exploration Company, Inc, Railroad Commission of Texas operator number 787180.
- Where is SHELTON UNIT?
- SHELTON UNIT is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32662.
- Is SHELTON UNIT still producing?
- SHELTON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHELTON UNIT is August 2026.
- How much has SHELTON UNIT produced?
- SHELTON UNIT has reported 22,670 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 2 wellbores.
- How much is SHELTON UNIT worth?
- The remaining production from SHELTON UNIT is estimated to be worth about $147K in total as of 26 August 2026, within a range of $81K to $213K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHELTON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHELTON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHELTON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHELTON UNIT generate in a year?
- SHELTON UNIT is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHELTON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Slawson Exploration Company, Inc |
|---|---|
| Field | Dorchester (Davis Sand) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 32662 |
| Wellbores | 2 |
| Reported production | 22,670 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $147K |
Where SHELTON UNIT 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.