SAVAGE
SAVAGE is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Miocene Oil & Gas, Inc. It has 23 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 498,294 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 $24.1M, with roughly $6.7M 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 11,907 barrels a month, about 518 per wellbore. Its strongest month on the record we hold was October 2024, at 24,705 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 SAVAGE
- Who operates SAVAGE?
- SAVAGE is operated by Miocene Oil & Gas, Inc., Railroad Commission of Texas operator number 570300.
- Where is SAVAGE?
- SAVAGE is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 27005.
- Is SAVAGE still producing?
- SAVAGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SAVAGE is August 2026.
- How much has SAVAGE produced?
- SAVAGE has reported 498,294 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 23 wellbores.
- How much is SAVAGE worth?
- The remaining production from SAVAGE is estimated to be worth about $24.1M in total as of 26 August 2026, within a range of $19.8M to $28.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAVAGE is a fraction of it. The estimate fits an Arps decline curve to the production SAVAGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAVAGE is an estimate of value, not an offer and not an appraisal.
- How much income does SAVAGE generate in a year?
- SAVAGE is forecast to net about $6.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SAVAGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Miocene Oil & Gas, Inc. |
|---|---|
| Field | Shafter Lake (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 27005 |
| Wellbores | 23 |
| Reported production | 498,294 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24.1M |
Where SAVAGE 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.