THE DISTANCE 402
THE DISTANCE 402 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Steward Energy II, LLC. It has 3 wellbores on file with the Commission. Reported production runs from June 2021 to August 2026, totalling 503,899 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 $9.4M, with roughly $2.6M 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 3,966 barrels a month, about 1,322 per wellbore. Its strongest month on the record we hold was April 2022, at 36,078 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 THE DISTANCE 402
- Who operates THE DISTANCE 402?
- THE DISTANCE 402 is operated by Steward Energy II, LLC, Railroad Commission of Texas operator number 819609.
- Where is THE DISTANCE 402?
- THE DISTANCE 402 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71153.
- Is THE DISTANCE 402 still producing?
- THE DISTANCE 402 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THE DISTANCE 402 is August 2026.
- How much has THE DISTANCE 402 produced?
- THE DISTANCE 402 has reported 503,899 barrels of oil (bbl) to the Railroad Commission of Texas between June 2021 and August 2026, from 3 wellbores.
- How much is THE DISTANCE 402 worth?
- The remaining production from THE DISTANCE 402 is estimated to be worth about $9.4M in total as of 27 August 2026, within a range of $7.8M to $11.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THE DISTANCE 402 is a fraction of it. The estimate fits an Arps decline curve to the production THE DISTANCE 402 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THE DISTANCE 402 is an estimate of value, not an offer and not an appraisal.
- How much income does THE DISTANCE 402 generate in a year?
- THE DISTANCE 402 is forecast to net about $2.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THE DISTANCE 402 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 | 71153 |
| Wellbores | 3 |
| Reported production | 503,899 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.4M |
Where THE DISTANCE 402 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.