Texas oil lease · RRC district 08 · Lease 40407
Shut inSHELDON STATE "A" 3
Sheldon State "A" 3 is an oil lease in Reeves County, Texas, operated by Noble Energy Inc in the Wolfbone (Trend Area) field.
Oil lease dossier · 1 well
- Operator
- Noble Energy Inc
- County
- Reeves County
- RRC lease
- 08-40407
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Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
- Data through
- Jul 2026
Production
Month by month, from the state record
No oil produced in the last 12 months
The last month with output was Dec 2024, at 82 bbl.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 40407, district 08. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
Over 99% of the gas went to a processing plant in the last 12 months
Flaring peaked at 55.6% of the gas in Dec 2024.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 40407, district 08. Reported through Jul 2026.
Processing plant (3)
Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.
Flared (4)
Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.
Over the last 12 months, 0.4% of the gas was flared. One month went above 3%, which we mark in the ledger below.
Operator history
Who has run this lease
Noble Energy Inc has reported this lease for the whole period
No change of operator in the months we hold.
- Noble Energy Inc Jan 2020 to now
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-389-32616 | 1 | Shut-in | – |
SourceTexas Railroad Commission Wellbore Query, district 08, lease 40407.
Who buys and gathers
Who moves and buys this lease's production
Oil
Eastex Crude Company, LLC, Etp Crude LLC, Noble Energy INC, Oryx Delaware Oil Transport LLC and Plains Marketing, L.p. gather it.
Eastex Crude Company, LLC gathers it: 20% of it, on the list since Oct 1, 2024 · Etp Crude LLC gathers it: 20% of it, on the list since Oct 1, 2024 · Noble Energy INC gathers it: 20% of it, on the list since Oct 1, 2024 · Oryx Delaware Oil Transport LLC gathers it: 20% of it, on the list since Oct 1, 2024 · Plains Marketing, L.p. gathers it: 20% of it, on the list since Oct 1, 2024
Gas from oil wells
Energy Transfer Company buys it; Noble Energy INC gathers it.
Energy Transfer Company buys it: 100% of it, on the list since Jan 1, 2023 · Noble Energy INC gathers it: 100% of it, on the list since Oct 1, 2024
Companies that used to be listed: Energy Transfer Company (gathers it, until Oct 1, 2024); Eastex Crude Company, LLC (gathers it, until Oct 1, 2024); Oryx Delaware Oil Transport LLC (gathers it, until Oct 1, 2024); Shell Trading (Us) Company (gathers it, until Oct 1, 2024); Rosetta Resources Operating LP (buys it, until Jan 1, 2023); Eastex Crude Company (gathers it, until Jan 1, 2023).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
320 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 0
- First completion
- Mar 23, 2010
- Latest permit
- Dec 17, 2009
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-32616 | 1 | Dec 17, 2009 | Mar 23, 2010 | 320 |
What the operator reported
What Chevron Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $99.38 | $7.84 | $27.00 | SEC filing |
| Q2 2026 | $95.66 | $0.91 | $21.56 | SEC filing |
| Q1 2026 | $80.12 | $6.99 | $25.16 | SEC filing |
| Q1 2026 | $68.83 | $2.48 | $18.19 | SEC filing |
| Q4 2025 | – | $6.97 | – | SEC filing |
| Q4 2025 | – | $2.21 | – | SEC filing |
SourceChevron Corporation quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says SHELDON STATE "A" 3 sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Noble Energy | 0 | 0 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Noble Energy | 0 | 0 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026Noble Energy | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Noble Energy | 0 | 0 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Noble Energy | 0 | 0 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Noble Energy | 0 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Noble Energy | 0 | 0 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Noble Energy | 0 | 60 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Noble Energy | 0 | 0 | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Noble Energy | 0 | 0 | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Noble Energy | 0 | 0 | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Noble Energy | 0 | 0 | 0 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Noble Energy | 0 | 0 | 0 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Noble Energy | 0 | 0 | 0 | 0 | 0 | $68.17 | $3.02 |
| May 2025Noble Energy | 0 | 0 | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Noble Energy | 0 | 0 | 0 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Noble Energy | 0 | 0 | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Noble Energy | 0 | 105 | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Noble Energy | 0 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Noble Energy | 82 | 0 | 9 | 4 | 5 | $70.12 | $3.01 |
| Nov 2024Noble Energy | 43 | 0 | 7 | 7 | 0 | $69.95 | $2.12 |
| Oct 2024Noble Energy | 0 | 12 | 55 | 55 | 0 | $71.99 | $2.20 |
| Sep 2024Noble Energy | 0 | 0 | 2 | 2 | 0 | $70.24 | $2.28 |
| Aug 2024Noble Energy | 0 | 0 | 10 | 10 | 0 | $76.68 | $1.99 |
| Jul 2024Noble Energy | 59 | 84 | 18 | 18 | 0 | $81.80 | $2.07 |
| Jun 2024Noble Energy | 109 | 0 | 163 | 163 | 0 | $79.77 | $2.54 |
| May 2024Noble Energy | 19 | 0 | 14 | 14 | 0 | $80.02 | $2.12 |
| Apr 2024Noble Energy | 0 | 0 | 0 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Noble Energy | 0 | 38 | 0 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Noble Energy | 0 | 0 | 8 | 8 | 0 | $77.25 | $1.72 |
| Jan 2024Noble Energy | 0 | 73 | 0 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Noble Energy | 0 | 0 | 0 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Noble Energy | 61 | 86 | 196 | 196 | 0 | $77.69 | $2.71 |
| Oct 2023Noble Energy | 153 | 118 | 484 | 484 | 0 | $85.64 | $2.98 |
| Sep 2023Noble Energy | 137 | 0 | 206 | 206 | 0 | $89.43 | $2.64 |
| Aug 2023Noble Energy | 0 | 0 | 16 | 16 | 0 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for SHELDON STATE "A" 3. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Noble Energy Inc.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Noble Energy Inc in Reeves County
- REV DRAGONS BREATH T8-51-22
1,386,061 bbl last 12 months
- CALAMITY JANE
209,947 bbl last 12 months
- REV DEVILS TONGUE T8-51-18 UNIT
250,600 bbl last 12 months
- DOC HOLLIDAY STATE 34-43 UNIT
219,879 bbl last 12 months
- CALAMITY JANE WEST
164,317 bbl last 12 months
Wolfbone (Trend Area) field
- REV CON T8-50-7 UNIT
1,501,629 bbl last 12 months
- REV DRAGONS BREATH T8-51-22
1,386,061 bbl last 12 months
- GRAVES STATE
509,763 bbl last 12 months
- BROTHER NATURE
500,064 bbl last 12 months
- REV BX T7-51-45 UNIT
385,438 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- MCNEIL
0 bbl last 12 months · 0.8 km away
- SALT DRAW STATE 1 UNIT
0 bbl last 12 months · 1.1 km away
- JOHNSON STATE
0 bbl last 12 months · 1.1 km away
- HSF STATE A 3
0 bbl last 12 months · 1.2 km away
- SHELDON STATE 3
0 bbl last 12 months · 1.2 km away
Drilling permits within 10 km
BLACK COBRA 1-2 UNIT B #5H
new drill · horizontal · Perun Energy LLC · Reeves County · 6.6 km away
Permit 0918007 · Aug 21, 2026
BLACK COBRA 1-2 UNIT A #7H
new drill · horizontal · Perun Energy LLC · Reeves County · 6.6 km away
Permit 0918018 · Aug 21, 2026
BLACK COBRA 1-2 UNIT B #6H
new drill · horizontal · Perun Energy LLC · Reeves County · 6.6 km away
Permit 0918009 · Aug 21, 2026
EASTERN PEARCE A #1H
new drill · horizontal · Perun Energy LLC · Reeves County · 3.6 km away
Permit 0916460 · Jun 17, 2026
EASTERN PEARCE C #3H
new drill · horizontal · Perun Energy LLC · Reeves County · 3.6 km away
Permit 0916463 · Jun 17, 2026
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 40407, district 08, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.