SHG MINERALS
SHG MINERALS is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2007 to August 2026, totalling 1,551,562 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 $496K, with roughly $76K 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 3,304 thousand cubic feet a month. Its strongest month on the record we hold was August 2025, at 3,818 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SHG MINERALS
- Who operates SHG MINERALS?
- SHG MINERALS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is SHG MINERALS?
- SHG MINERALS is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 243378.
- Is SHG MINERALS still producing?
- SHG MINERALS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHG MINERALS is August 2026.
- How much has SHG MINERALS produced?
- SHG MINERALS has reported 1,551,562 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2007 and August 2026, from 1 wellbore.
- How much is SHG MINERALS worth?
- The remaining production from SHG MINERALS is estimated to be worth about $496K in total as of 27 August 2026, within a range of $411K to $580K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHG MINERALS is a fraction of it. The estimate fits an Arps decline curve to the production SHG MINERALS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHG MINERALS is an estimate of value, not an offer and not an appraisal.
- How much income does SHG MINERALS generate in a year?
- SHG MINERALS is forecast to net about $76K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHG MINERALS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 243378 |
| Wellbores | 1 |
| Reported production | 1,551,562 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $496K |
Where SHG MINERALS 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.