SHIELDS UNIT A

SHIELDS UNIT A is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Oxy USA Inc. It has 3 wellbores on file with the Commission. Reported production runs from August 2015 to August 2026, totalling 872,001 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 $5.0M, with roughly $1.5M 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 2,328 barrels a month, about 776 per wellbore. Its strongest month on the record we hold was January 2019, at 21,603 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 SHIELDS UNIT A

Who operates SHIELDS UNIT A?
SHIELDS UNIT A is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
Where is SHIELDS UNIT A?
SHIELDS UNIT A is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47274.
Is SHIELDS UNIT A still producing?
SHIELDS UNIT A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHIELDS UNIT A is August 2026.
How much has SHIELDS UNIT A produced?
SHIELDS UNIT A has reported 872,001 barrels of oil (bbl) to the Railroad Commission of Texas between August 2015 and August 2026, from 3 wellbores.
How much is SHIELDS UNIT A worth?
The remaining production from SHIELDS UNIT A is estimated to be worth about $5.0M in total as of 26 August 2026, within a range of $4.1M to $5.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHIELDS UNIT A is a fraction of it. The estimate fits an Arps decline curve to the production SHIELDS UNIT A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHIELDS UNIT A is an estimate of value, not an offer and not an appraisal.
How much income does SHIELDS UNIT A generate in a year?
SHIELDS UNIT A is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHIELDS UNIT A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SHIELDS UNIT A as filed with the Railroad Commission of Texas
OperatorOxy USA Inc.
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number47274
Wellbores3
Reported production872,001 bbl
First reported
Last reported
Estimated royalty value$5.0M

Where SHIELDS UNIT 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.