SHURLEY 165
SHURLEY 165 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 418,605 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 $7K, with roughly $853 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 41 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 497 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 165
- Who operates SHURLEY 165?
- SHURLEY 165 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is SHURLEY 165?
- SHURLEY 165 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 136933.
- Is SHURLEY 165 still producing?
- SHURLEY 165 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHURLEY 165 is August 2026.
- How much has SHURLEY 165 produced?
- SHURLEY 165 has reported 418,605 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SHURLEY 165 worth?
- The remaining production from SHURLEY 165 is estimated to be worth about $7K in total as of 26 August 2026, within a range of $4K to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHURLEY 165 is a fraction of it. The estimate fits an Arps decline curve to the production SHURLEY 165 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHURLEY 165 is an estimate of value, not an offer and not an appraisal.
- How much income does SHURLEY 165 generate in a year?
- SHURLEY 165 is forecast to net about $853 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHURLEY 165 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 136933 |
| Wellbores | 1 |
| Reported production | 418,605 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where SHURLEY 165 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.