SHELDON UNIT
SHELDON UNIT is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Decker Operating Co., L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 173,454 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 $1.0M, with roughly $190K 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 327 barrels a month. Its strongest month on the record we hold was June 2016, at 1,438 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SHELDON UNIT
- Who operates SHELDON UNIT?
- SHELDON UNIT is operated by Decker Operating Co., L.L.C., Railroad Commission of Texas operator number 209347.
- Where is SHELDON UNIT?
- SHELDON UNIT is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26251.
- Is SHELDON UNIT still producing?
- SHELDON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHELDON UNIT is August 2026.
- How much has SHELDON UNIT produced?
- SHELDON UNIT has reported 173,454 barrels of oil (bbl) to the Railroad Commission of Texas between January 2013 and August 2026, from 1 wellbore.
- How much is SHELDON UNIT worth?
- The remaining production from SHELDON UNIT is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $810K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHELDON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHELDON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHELDON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHELDON UNIT generate in a year?
- SHELDON UNIT is forecast to net about $190K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHELDON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Decker Operating Co., L.L.C. |
|---|---|
| Field | Halliday (Woodbine) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 26251 |
| Wellbores | 1 |
| Reported production | 173,454 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where SHELDON UNIT 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.