STEAKLEY "5"
STEAKLEY "5" is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Pride Energy Company. It has 7 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 138,846 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 $1.4M, with roughly $376K 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 549 barrels a month, about 78 per wellbore. Its strongest month on the record we hold was June 2021, at 4,722 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 STEAKLEY "5"
- Who operates STEAKLEY "5"?
- STEAKLEY "5" is operated by Pride Energy Company, Railroad Commission of Texas operator number 677050.
- Where is STEAKLEY "5"?
- STEAKLEY "5" is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40977.
- Is STEAKLEY "5" still producing?
- STEAKLEY "5" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEAKLEY "5" is August 2026.
- How much has STEAKLEY "5" produced?
- STEAKLEY "5" has reported 138,846 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 7 wellbores.
- How much is STEAKLEY "5" worth?
- The remaining production from STEAKLEY "5" is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEAKLEY "5" is a fraction of it. The estimate fits an Arps decline curve to the production STEAKLEY "5" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEAKLEY "5" is an estimate of value, not an offer and not an appraisal.
- How much income does STEAKLEY "5" generate in a year?
- STEAKLEY "5" is forecast to net about $376K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STEAKLEY "5" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pride Energy Company |
|---|---|
| Field | Goldsmith (Clear Fork) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 40977 |
| Wellbores | 7 |
| Reported production | 138,846 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where STEAKLEY "5" 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.