SHULL-HANKS 15A
SHULL-HANKS 15A 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 January 2025 to August 2026, totalling 194,372 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 $3.8M, with roughly $3.2M 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 15,589 barrels a month. Its strongest month on the record we hold was July 2025, at 26,758 barrels. 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 SHULL-HANKS 15A
- Who operates SHULL-HANKS 15A?
- SHULL-HANKS 15A is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SHULL-HANKS 15A?
- SHULL-HANKS 15A is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63344.
- Is SHULL-HANKS 15A still producing?
- SHULL-HANKS 15A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHULL-HANKS 15A is August 2026.
- How much has SHULL-HANKS 15A produced?
- SHULL-HANKS 15A has reported 194,372 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 1 wellbore.
- How much is SHULL-HANKS 15A worth?
- The remaining production from SHULL-HANKS 15A is estimated to be worth about $3.8M in total as of 27 August 2026, within a range of $3.1M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHULL-HANKS 15A is a fraction of it. The estimate fits an Arps decline curve to the production SHULL-HANKS 15A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHULL-HANKS 15A is an estimate of value, not an offer and not an appraisal.
- How much income does SHULL-HANKS 15A generate in a year?
- SHULL-HANKS 15A is forecast to net about $3.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHULL-HANKS 15A 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) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 63344 |
| Wellbores | 1 |
| Reported production | 194,372 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where SHULL-HANKS 15A 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.