SHACKELFORD P
SHACKELFORD P is a Texas gas 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 May 2025 to August 2026, totalling 246,630 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 $454K, with roughly $261K 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 18,827 thousand cubic feet a month. Its strongest month on the record we hold was October 2025, at 25,163 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 P
- Who operates SHACKELFORD P?
- SHACKELFORD P is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SHACKELFORD P?
- SHACKELFORD P is a Texas gas lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 299696.
- Is SHACKELFORD P still producing?
- SHACKELFORD P is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHACKELFORD P is August 2026.
- How much has SHACKELFORD P produced?
- SHACKELFORD P has reported 246,630 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2025 and August 2026, from 1 wellbore.
- How much is SHACKELFORD P worth?
- The remaining production from SHACKELFORD P is estimated to be worth about $454K in total as of 27 August 2026, within a range of $372K to $535K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHACKELFORD P is a fraction of it. The estimate fits an Arps decline curve to the production SHACKELFORD P has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHACKELFORD P is an estimate of value, not an offer and not an appraisal.
- How much income does SHACKELFORD P generate in a year?
- SHACKELFORD P is forecast to net about $261K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHACKELFORD P 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 | 299696 |
| Wellbores | 1 |
| Reported production | 246,630 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $454K |
Where SHACKELFORD P 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.