SHIVERS UNIT
SHIVERS UNIT is a Texas oil lease in Panola County, Railroad Commission district 06, operated by Texaco E & P Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 266,674 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 $189K 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 293 barrels a month, about 98 per wellbore. Its strongest month on the record we hold was May 2016, at 1,824 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 SHIVERS UNIT
- Who operates SHIVERS UNIT?
- SHIVERS UNIT is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is SHIVERS UNIT?
- SHIVERS UNIT is a Texas oil lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 05987.
- Is SHIVERS UNIT still producing?
- SHIVERS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHIVERS UNIT is August 2026.
- How much has SHIVERS UNIT produced?
- SHIVERS UNIT has reported 266,674 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is SHIVERS UNIT worth?
- The remaining production from SHIVERS UNIT is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $797K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHIVERS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHIVERS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHIVERS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHIVERS UNIT generate in a year?
- SHIVERS UNIT is forecast to net about $189K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHIVERS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Carthage (Travis Peak 6400) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 05987 |
| Wellbores | 3 |
| Reported production | 266,674 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where SHIVERS 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.