SAWTOOTH
SAWTOOTH is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Stronghold Energy II Oper, LLC. It has 2 wellbores on file with the Commission. Reported production runs from March 2019 to August 2026, totalling 57,008 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 $1.3M, with roughly $290K 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 420 barrels a month, about 210 per wellbore. Its strongest month on the record we hold was March 2020, at 1,901 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 SAWTOOTH
- Who operates SAWTOOTH?
- SAWTOOTH is operated by Stronghold Energy II Oper, LLC, Railroad Commission of Texas operator number 827681.
- Where is SAWTOOTH?
- SAWTOOTH is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70889.
- Is SAWTOOTH still producing?
- SAWTOOTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SAWTOOTH is August 2026.
- How much has SAWTOOTH produced?
- SAWTOOTH has reported 57,008 barrels of oil (bbl) to the Railroad Commission of Texas between March 2019 and August 2026, from 2 wellbores.
- How much is SAWTOOTH worth?
- The remaining production from SAWTOOTH is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $997K to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAWTOOTH is a fraction of it. The estimate fits an Arps decline curve to the production SAWTOOTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAWTOOTH is an estimate of value, not an offer and not an appraisal.
- How much income does SAWTOOTH generate in a year?
- SAWTOOTH is forecast to net about $290K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SAWTOOTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stronghold Energy II Oper, LLC |
|---|---|
| Field | Jenkins, North (Clear Fork) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 70889 |
| Wellbores | 2 |
| Reported production | 57,008 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where SAWTOOTH 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.