SHANKLIN, W. R.
SHANKLIN, W. R. is a Texas oil lease in Guadalupe County, Railroad Commission district 01, operated by Meridian Oil Production Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 85,842 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 $3.5M, with roughly $908K 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 1,469 barrels a month, about 735 per wellbore. Its strongest month on the record we hold was October 2023, at 4,665 barrels. 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 SHANKLIN, W. R.
- Who operates SHANKLIN, W. R.?
- SHANKLIN, W. R. is operated by Meridian Oil Production Inc., Railroad Commission of Texas operator number 561133.
- Where is SHANKLIN, W. R.?
- SHANKLIN, W. R. is a Texas oil lease in Guadalupe County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 01103.
- Is SHANKLIN, W. R. still producing?
- SHANKLIN, W. R. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHANKLIN, W. R. is August 2026.
- How much has SHANKLIN, W. R. produced?
- SHANKLIN, W. R. has reported 85,842 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SHANKLIN, W. R. worth?
- The remaining production from SHANKLIN, W. R. is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.9M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHANKLIN, W. R. is a fraction of it. The estimate fits an Arps decline curve to the production SHANKLIN, W. R. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHANKLIN, W. R. is an estimate of value, not an offer and not an appraisal.
- How much income does SHANKLIN, W. R. generate in a year?
- SHANKLIN, W. R. is forecast to net about $908K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHANKLIN, W. R. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Oil Production Inc. |
|---|---|
| Field | Luling-Branyon |
| County | Guadalupe County, Texas |
| RRC district | 01 |
| Lease number | 01103 |
| Wellbores | 2 |
| Reported production | 85,842 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where SHANKLIN, W. R. 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.