SHOWMAN 29-23
SHOWMAN 29-23 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 2 wellbores on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 713,525 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 $6.0M, with roughly $1.6M 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 2,292 barrels a month, about 1,146 per wellbore. Its strongest month on the record we hold was March 2018, at 12,738 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 SHOWMAN 29-23
- Who operates SHOWMAN 29-23?
- SHOWMAN 29-23 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is SHOWMAN 29-23?
- SHOWMAN 29-23 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46795.
- Is SHOWMAN 29-23 still producing?
- SHOWMAN 29-23 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHOWMAN 29-23 is August 2026.
- How much has SHOWMAN 29-23 produced?
- SHOWMAN 29-23 has reported 713,525 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 2 wellbores.
- How much is SHOWMAN 29-23 worth?
- The remaining production from SHOWMAN 29-23 is estimated to be worth about $6.0M in total as of 27 August 2026, within a range of $5.0M to $7.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHOWMAN 29-23 is a fraction of it. The estimate fits an Arps decline curve to the production SHOWMAN 29-23 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHOWMAN 29-23 is an estimate of value, not an offer and not an appraisal.
- How much income does SHOWMAN 29-23 generate in a year?
- SHOWMAN 29-23 is forecast to net about $1.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHOWMAN 29-23 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 46795 |
| Wellbores | 2 |
| Reported production | 713,525 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.0M |
Where SHOWMAN 29-23 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.