SMITH, SHELBY
SMITH, SHELBY is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Dallas Production, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 836,068 thousand cubic feet. 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 $162K, with roughly $56K 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 3,205 thousand cubic feet a month. Its strongest month on the record we hold was April 2025, at 4,242 thousand cubic feet. 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 SMITH, SHELBY
- Who operates SMITH, SHELBY?
- SMITH, SHELBY is operated by Dallas Production, Inc., Railroad Commission of Texas operator number 197690.
- Where is SMITH, SHELBY?
- SMITH, SHELBY is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 102004.
- Is SMITH, SHELBY still producing?
- SMITH, SHELBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, SHELBY is August 2026.
- How much has SMITH, SHELBY produced?
- SMITH, SHELBY has reported 836,068 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SMITH, SHELBY worth?
- The remaining production from SMITH, SHELBY is estimated to be worth about $162K in total as of 26 August 2026, within a range of $134K to $189K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, SHELBY is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, SHELBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, SHELBY is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, SHELBY generate in a year?
- SMITH, SHELBY is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, SHELBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dallas Production, Inc. |
|---|---|
| Field | Eunice (Travis Peak) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 102004 |
| Wellbores | 1 |
| Reported production | 836,068 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $162K |
Where SMITH, SHELBY 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.