MEDORA STATE 29 LOV UNIT 0805
MEDORA STATE 29 LOV UNIT 0805 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Shell Western E&P. It has 1 wellbore on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 165,537 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 $1.6M, with roughly $550K 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 1,106 barrels a month. Its strongest month on the record we hold was July 2020, at 7,020 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 MEDORA STATE 29 LOV UNIT 0805
- Who operates MEDORA STATE 29 LOV UNIT 0805?
- MEDORA STATE 29 LOV UNIT 0805 is operated by Shell Western E&P, Railroad Commission of Texas operator number 774719.
- Where is MEDORA STATE 29 LOV UNIT 0805?
- MEDORA STATE 29 LOV UNIT 0805 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53690.
- Is MEDORA STATE 29 LOV UNIT 0805 still producing?
- MEDORA STATE 29 LOV UNIT 0805 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEDORA STATE 29 LOV UNIT 0805 is August 2026.
- How much has MEDORA STATE 29 LOV UNIT 0805 produced?
- MEDORA STATE 29 LOV UNIT 0805 has reported 165,537 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 1 wellbore.
- How much is MEDORA STATE 29 LOV UNIT 0805 worth?
- The remaining production from MEDORA STATE 29 LOV UNIT 0805 is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.4M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEDORA STATE 29 LOV UNIT 0805 is a fraction of it. The estimate fits an Arps decline curve to the production MEDORA STATE 29 LOV UNIT 0805 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEDORA STATE 29 LOV UNIT 0805 is an estimate of value, not an offer and not an appraisal.
- How much income does MEDORA STATE 29 LOV UNIT 0805 generate in a year?
- MEDORA STATE 29 LOV UNIT 0805 is forecast to net about $550K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEDORA STATE 29 LOV UNIT 0805 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 53690 |
| Wellbores | 1 |
| Reported production | 165,537 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where MEDORA STATE 29 LOV UNIT 0805 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.