MOONDANCE 534
MOONDANCE 534 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Steward Energy II, LLC. It has 2 wellbores on file with the Commission. Reported production runs from August 2017 to August 2026, totalling 465,445 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 $3.9M, with roughly $996K 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 1,237 barrels a month, about 618 per wellbore. Its strongest month on the record we hold was November 2017, at 17,912 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MOONDANCE 534
- Who operates MOONDANCE 534?
- MOONDANCE 534 is operated by Steward Energy II, LLC, Railroad Commission of Texas operator number 819609.
- Where is MOONDANCE 534?
- MOONDANCE 534 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70673.
- Is MOONDANCE 534 still producing?
- MOONDANCE 534 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOONDANCE 534 is August 2026.
- How much has MOONDANCE 534 produced?
- MOONDANCE 534 has reported 465,445 barrels of oil (bbl) to the Railroad Commission of Texas between August 2017 and August 2026, from 2 wellbores.
- How much is MOONDANCE 534 worth?
- The remaining production from MOONDANCE 534 is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.2M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOONDANCE 534 is a fraction of it. The estimate fits an Arps decline curve to the production MOONDANCE 534 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOONDANCE 534 is an estimate of value, not an offer and not an appraisal.
- How much income does MOONDANCE 534 generate in a year?
- MOONDANCE 534 is forecast to net about $996K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MOONDANCE 534 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Steward Energy II, LLC |
|---|---|
| Field | Platang (San Andres) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 70673 |
| Wellbores | 2 |
| Reported production | 465,445 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where MOONDANCE 534 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.