DESPERADO W 538
DESPERADO W 538 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Riley Permian Operating Co, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 332,061 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 $5.5M, with roughly $1.2M 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 1,487 barrels a month. Its strongest month on the record we hold was November 2017, at 10,393 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 DESPERADO W 538
- Who operates DESPERADO W 538?
- DESPERADO W 538 is operated by Riley Permian Operating Co, LLC, Railroad Commission of Texas operator number 712217.
- Where is DESPERADO W 538?
- DESPERADO W 538 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70700.
- Is DESPERADO W 538 still producing?
- DESPERADO W 538 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DESPERADO W 538 is August 2026.
- How much has DESPERADO W 538 produced?
- DESPERADO W 538 has reported 332,061 barrels of oil (bbl) to the Railroad Commission of Texas between May 2017 and August 2026, from 1 wellbore.
- How much is DESPERADO W 538 worth?
- The remaining production from DESPERADO W 538 is estimated to be worth about $5.5M in total as of 27 August 2026, within a range of $4.6M to $6.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DESPERADO W 538 is a fraction of it. The estimate fits an Arps decline curve to the production DESPERADO W 538 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DESPERADO W 538 is an estimate of value, not an offer and not an appraisal.
- How much income does DESPERADO W 538 generate in a year?
- DESPERADO W 538 is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DESPERADO W 538 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Riley Permian Operating Co, LLC |
|---|---|
| Field | Platang (San Andres) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 70700 |
| Wellbores | 1 |
| Reported production | 332,061 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.5M |
Where DESPERADO W 538 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.