SHARRON
SHARRON is a Texas gas lease in Roberts County, Railroad Commission district 10, operated by Wallace Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 1995 to August 2026, totalling 1,611,321 thousand cubic feet. The lease is intermittent. 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 $12K, with roughly $2K 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 25 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 1,807 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SHARRON
- Who operates SHARRON?
- SHARRON is operated by Wallace Oil & Gas, Inc., Railroad Commission of Texas operator number 893765.
- Where is SHARRON?
- SHARRON is a Texas gas lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 154129.
- Is SHARRON still producing?
- SHARRON is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SHARRON is August 2026.
- How much has SHARRON produced?
- SHARRON has reported 1,611,321 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 1995 and August 2026, from 1 wellbore.
- How much is SHARRON worth?
- The remaining production from SHARRON is estimated to be worth about $12K in total as of 27 August 2026, within a range of $7K to $17K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHARRON is a fraction of it. The estimate fits an Arps decline curve to the production SHARRON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHARRON is an estimate of value, not an offer and not an appraisal.
- How much income does SHARRON generate in a year?
- SHARRON is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHARRON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wallace Oil & Gas, Inc. |
|---|---|
| Field | Red Deer Creek (Granite Wash) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 154129 |
| Wellbores | 1 |
| Reported production | 1,611,321 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where SHARRON 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.