MATTHEWS, J. B., SEC. 29
MATTHEWS, J. B., SEC. 29 is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Killion Well Service Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 6,070 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 $36K, with roughly $7K 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 9 barrels a month. Its strongest month on the record we hold was December 2021, at 34 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MATTHEWS, J. B., SEC. 29
- Who operates MATTHEWS, J. B., SEC. 29?
- MATTHEWS, J. B., SEC. 29 is operated by Killion Well Service Inc., Railroad Commission of Texas operator number 461100.
- Where is MATTHEWS, J. B., SEC. 29?
- MATTHEWS, J. B., SEC. 29 is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 03437.
- Is MATTHEWS, J. B., SEC. 29 still producing?
- MATTHEWS, J. B., SEC. 29 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MATTHEWS, J. B., SEC. 29 is August 2026.
- How much has MATTHEWS, J. B., SEC. 29 produced?
- MATTHEWS, J. B., SEC. 29 has reported 6,070 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MATTHEWS, J. B., SEC. 29 worth?
- The remaining production from MATTHEWS, J. B., SEC. 29 is estimated to be worth about $36K in total as of 27 August 2026, within a range of $0 to $72K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MATTHEWS, J. B., SEC. 29 is a fraction of it. The estimate fits an Arps decline curve to the production MATTHEWS, J. B., SEC. 29 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MATTHEWS, J. B., SEC. 29 is an estimate of value, not an offer and not an appraisal.
- How much income does MATTHEWS, J. B., SEC. 29 generate in a year?
- MATTHEWS, J. B., SEC. 29 is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MATTHEWS, J. B., SEC. 29 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Killion Well Service Inc. |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 03437 |
| Wellbores | 1 |
| Reported production | 6,070 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $36K |
Where MATTHEWS, J. B., SEC. 29 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.