NEWELL SEC. 86S
NEWELL SEC. 86S is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Young, Marshall R., Oil Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 32,988 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 $261K, with roughly $50K 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 66 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was June 2017, at 107 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 NEWELL SEC. 86S
- Who operates NEWELL SEC. 86S?
- NEWELL SEC. 86S is operated by Young, Marshall R., Oil Co., Railroad Commission of Texas operator number 949290.
- Where is NEWELL SEC. 86S?
- NEWELL SEC. 86S is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 03580.
- Is NEWELL SEC. 86S still producing?
- NEWELL SEC. 86S is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWELL SEC. 86S is August 2026.
- How much has NEWELL SEC. 86S produced?
- NEWELL SEC. 86S has reported 32,988 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is NEWELL SEC. 86S worth?
- The remaining production from NEWELL SEC. 86S is estimated to be worth about $261K in total as of 26 August 2026, within a range of $143K to $378K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWELL SEC. 86S is a fraction of it. The estimate fits an Arps decline curve to the production NEWELL SEC. 86S has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWELL SEC. 86S is an estimate of value, not an offer and not an appraisal.
- How much income does NEWELL SEC. 86S generate in a year?
- NEWELL SEC. 86S is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEWELL SEC. 86S receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Young, Marshall R., Oil Co. |
|---|---|
| Field | Cook Ranch (3160) |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 03580 |
| Wellbores | 2 |
| Reported production | 32,988 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $261K |
Where NEWELL SEC. 86S 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.