SHAFFER -C-
SHAFFER -C- is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Ice Well Services, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2016 to August 2026, totalling 42,928 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 $1.0M, with roughly $189K 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 273 barrels a month. Its strongest month on the record we hold was June 2016, at 1,025 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 Well Services, Inc., Railroad Commission of Texas operator number 421860.
- 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 31978.
- Is SHAFFER -C- still producing?
- SHAFFER -C- is currently producing. 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 42,928 barrels of oil (bbl) to the Railroad Commission of Texas between March 2016 and August 2026, from 1 wellbore.
- How much is SHAFFER -C- worth?
- The remaining production from SHAFFER -C- is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $788K to $1.2M. 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 $189K 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 Well Services, Inc. |
|---|---|
| Field | Audas-Graham (Capps Lime) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 31978 |
| Wellbores | 1 |
| Reported production | 42,928 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
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.