STATE RED SHINER
STATE RED SHINER is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Jagged Peak Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2013 to August 2026, totalling 155,344 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 $240K, with roughly $137K 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 377 barrels a month. Its strongest month on the record we hold was October 2017, at 2,099 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 STATE RED SHINER
- Who operates STATE RED SHINER?
- STATE RED SHINER is operated by Jagged Peak Energy LLC, Railroad Commission of Texas operator number 429574.
- Where is STATE RED SHINER?
- STATE RED SHINER is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45765.
- Is STATE RED SHINER still producing?
- STATE RED SHINER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE RED SHINER is August 2026.
- How much has STATE RED SHINER produced?
- STATE RED SHINER has reported 155,344 barrels of oil (bbl) to the Railroad Commission of Texas between December 2013 and August 2026, from 1 wellbore.
- How much is STATE RED SHINER worth?
- The remaining production from STATE RED SHINER is estimated to be worth about $240K in total as of 27 August 2026, within a range of $187K to $292K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE RED SHINER is a fraction of it. The estimate fits an Arps decline curve to the production STATE RED SHINER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE RED SHINER is an estimate of value, not an offer and not an appraisal.
- How much income does STATE RED SHINER generate in a year?
- STATE RED SHINER is forecast to net about $137K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE RED SHINER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jagged Peak Energy LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 45765 |
| Wellbores | 1 |
| Reported production | 155,344 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $240K |
Where STATE RED SHINER 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.