FIRST NATIONAL SHALLOW A
FIRST NATIONAL SHALLOW A is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Bto Venture, Inc. It has 35 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 175,253 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 $639K, with roughly $123K 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 145 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was December 2019, at 1,301 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 FIRST NATIONAL SHALLOW A
- Who operates FIRST NATIONAL SHALLOW A?
- FIRST NATIONAL SHALLOW A is operated by Bto Venture, Inc., Railroad Commission of Texas operator number 041868.
- Where is FIRST NATIONAL SHALLOW A?
- FIRST NATIONAL SHALLOW A is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28362.
- Is FIRST NATIONAL SHALLOW A still producing?
- FIRST NATIONAL SHALLOW A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FIRST NATIONAL SHALLOW A is August 2026.
- How much has FIRST NATIONAL SHALLOW A produced?
- FIRST NATIONAL SHALLOW A has reported 175,253 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 35 wellbores.
- How much is FIRST NATIONAL SHALLOW A worth?
- The remaining production from FIRST NATIONAL SHALLOW A is estimated to be worth about $639K in total as of 26 August 2026, within a range of $498K to $779K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FIRST NATIONAL SHALLOW A is a fraction of it. The estimate fits an Arps decline curve to the production FIRST NATIONAL SHALLOW A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FIRST NATIONAL SHALLOW A is an estimate of value, not an offer and not an appraisal.
- How much income does FIRST NATIONAL SHALLOW A generate in a year?
- FIRST NATIONAL SHALLOW A is forecast to net about $123K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FIRST NATIONAL SHALLOW A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bto Venture, Inc. |
|---|---|
| Field | Wichita County Regular |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 28362 |
| Wellbores | 35 |
| Reported production | 175,253 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $639K |
Where FIRST NATIONAL SHALLOW A 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.