SHURLEY 148
SHURLEY 148 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by Highmount Expl & Prod Texas LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 108,642 thousand cubic feet. 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 $10K, with roughly $1K 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 81 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 563 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 SHURLEY 148
- Who operates SHURLEY 148?
- SHURLEY 148 is operated by Highmount Expl & Prod Texas LLC, Railroad Commission of Texas operator number 385842.
- Where is SHURLEY 148?
- SHURLEY 148 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 236777.
- Is SHURLEY 148 still producing?
- SHURLEY 148 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHURLEY 148 is August 2026.
- How much has SHURLEY 148 produced?
- SHURLEY 148 has reported 108,642 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2007 and August 2026, from 1 wellbore.
- How much is SHURLEY 148 worth?
- The remaining production from SHURLEY 148 is estimated to be worth about $10K in total as of 26 August 2026, within a range of $6K to $15K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHURLEY 148 is a fraction of it. The estimate fits an Arps decline curve to the production SHURLEY 148 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHURLEY 148 is an estimate of value, not an offer and not an appraisal.
- How much income does SHURLEY 148 generate in a year?
- SHURLEY 148 is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHURLEY 148 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Highmount Expl & Prod Texas LLC |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 236777 |
| Wellbores | 1 |
| Reported production | 108,642 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where SHURLEY 148 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.