MATTHEWS, JOE B.
MATTHEWS, JOE B. is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Ginnings Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 21,196 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 $213K, with roughly $40K 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 47 barrels a month. Its strongest month on the record we hold was March 2023, at 79 barrels. 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 MATTHEWS, JOE B.
- Who operates MATTHEWS, JOE B.?
- MATTHEWS, JOE B. is operated by Ginnings Company, Railroad Commission of Texas operator number 307243.
- Where is MATTHEWS, JOE B.?
- MATTHEWS, JOE B. is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 09892.
- Is MATTHEWS, JOE B. still producing?
- MATTHEWS, JOE B. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MATTHEWS, JOE B. is August 2026.
- How much has MATTHEWS, JOE B. produced?
- MATTHEWS, JOE B. has reported 21,196 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MATTHEWS, JOE B. worth?
- The remaining production from MATTHEWS, JOE B. is estimated to be worth about $213K in total as of 27 August 2026, within a range of $117K to $308K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MATTHEWS, JOE B. is a fraction of it. The estimate fits an Arps decline curve to the production MATTHEWS, JOE B. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MATTHEWS, JOE B. is an estimate of value, not an offer and not an appraisal.
- How much income does MATTHEWS, JOE B. generate in a year?
- MATTHEWS, JOE B. is forecast to net about $40K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MATTHEWS, JOE B. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ginnings Company |
|---|---|
| Field | Albany, S. (Atoka 4400) |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 09892 |
| Wellbores | 1 |
| Reported production | 21,196 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $213K |
Where MATTHEWS, JOE B. 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.