SHEPPARD-WHATLEY UNIT
SHEPPARD-WHATLEY UNIT is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Ncec, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 35,630 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 $143K, with roughly $28K 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 44 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was May 2017, at 110 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 SHEPPARD-WHATLEY UNIT
- Who operates SHEPPARD-WHATLEY UNIT?
- SHEPPARD-WHATLEY UNIT is operated by Ncec, Inc., Railroad Commission of Texas operator number 601358.
- Where is SHEPPARD-WHATLEY UNIT?
- SHEPPARD-WHATLEY UNIT is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 00874.
- Is SHEPPARD-WHATLEY UNIT still producing?
- SHEPPARD-WHATLEY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHEPPARD-WHATLEY UNIT is August 2026.
- How much has SHEPPARD-WHATLEY UNIT produced?
- SHEPPARD-WHATLEY UNIT has reported 35,630 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SHEPPARD-WHATLEY UNIT worth?
- The remaining production from SHEPPARD-WHATLEY UNIT is estimated to be worth about $143K in total as of 27 August 2026, within a range of $79K to $207K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHEPPARD-WHATLEY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHEPPARD-WHATLEY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHEPPARD-WHATLEY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHEPPARD-WHATLEY UNIT generate in a year?
- SHEPPARD-WHATLEY UNIT is forecast to net about $28K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHEPPARD-WHATLEY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ncec, Inc. |
|---|---|
| Field | Manziel (Sub-Clarksville) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 00874 |
| Wellbores | 2 |
| Reported production | 35,630 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $143K |
Where SHEPPARD-WHATLEY UNIT 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.