SHACKELFORD E40C
SHACKELFORD E40C is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 243,989 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 $3.5M, with roughly $740K 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 737 barrels a month. Its strongest month on the record we hold was November 2020, at 22,155 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 SHACKELFORD E40C
- Who operates SHACKELFORD E40C?
- SHACKELFORD E40C is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SHACKELFORD E40C?
- SHACKELFORD E40C is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54414.
- Is SHACKELFORD E40C still producing?
- SHACKELFORD E40C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHACKELFORD E40C is August 2026.
- How much has SHACKELFORD E40C produced?
- SHACKELFORD E40C has reported 243,989 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is SHACKELFORD E40C worth?
- The remaining production from SHACKELFORD E40C is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.7M to $4.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHACKELFORD E40C is a fraction of it. The estimate fits an Arps decline curve to the production SHACKELFORD E40C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHACKELFORD E40C is an estimate of value, not an offer and not an appraisal.
- How much income does SHACKELFORD E40C generate in a year?
- SHACKELFORD E40C is forecast to net about $740K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHACKELFORD E40C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 54414 |
| Wellbores | 1 |
| Reported production | 243,989 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where SHACKELFORD E40C 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.