SHAFFER -C-
SHAFFER -C- is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Ice, J.H., Trustee. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,623 barrels. The lease is intermittent. 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 $54K, with roughly $10K 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 17 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was May 2017, at 142 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 SHAFFER -C-
- Who operates SHAFFER -C-?
- SHAFFER -C- is operated by Ice, J.H., Trustee, Railroad Commission of Texas operator number 421840.
- Where is SHAFFER -C-?
- SHAFFER -C- is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 09995.
- Is SHAFFER -C- still producing?
- SHAFFER -C- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SHAFFER -C- is August 2026.
- How much has SHAFFER -C- produced?
- SHAFFER -C- has reported 25,623 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is SHAFFER -C- worth?
- The remaining production from SHAFFER -C- is estimated to be worth about $54K in total as of 26 August 2026, within a range of $30K to $79K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHAFFER -C- is a fraction of it. The estimate fits an Arps decline curve to the production SHAFFER -C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHAFFER -C- is an estimate of value, not an offer and not an appraisal.
- How much income does SHAFFER -C- generate in a year?
- SHAFFER -C- is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHAFFER -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ice, J.H., Trustee |
|---|---|
| Field | Sears (Flippen) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 09995 |
| Wellbores | 3 |
| Reported production | 25,623 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $54K |
Where SHAFFER -C- 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.