SHERROD 16-0903
SHERROD 16-0903 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 626,409 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 $1.1M, with roughly $667K 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 1,370 barrels a month. Its strongest month on the record we hold was May 2019, at 32,391 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SHERROD 16-0903
- Who operates SHERROD 16-0903?
- SHERROD 16-0903 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is SHERROD 16-0903?
- SHERROD 16-0903 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19980.
- Is SHERROD 16-0903 still producing?
- SHERROD 16-0903 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHERROD 16-0903 is August 2026.
- How much has SHERROD 16-0903 produced?
- SHERROD 16-0903 has reported 626,409 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 1 wellbore.
- How much is SHERROD 16-0903 worth?
- The remaining production from SHERROD 16-0903 is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $913K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHERROD 16-0903 is a fraction of it. The estimate fits an Arps decline curve to the production SHERROD 16-0903 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHERROD 16-0903 is an estimate of value, not an offer and not an appraisal.
- How much income does SHERROD 16-0903 generate in a year?
- SHERROD 16-0903 is forecast to net about $667K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHERROD 16-0903 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 19980 |
| Wellbores | 1 |
| Reported production | 626,409 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where SHERROD 16-0903 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.