SANTANA 2424SH
SANTANA 2424SH is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Occidental Permian Ltd. It has 1 wellbore on file with the Commission. Reported production runs from May 2020 to August 2026, totalling 249,733 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 $2.4M, with roughly $504K 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 849 barrels a month. Its strongest month on the record we hold was July 2020, at 23,123 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 SANTANA 2424SH
- Who operates SANTANA 2424SH?
- SANTANA 2424SH is operated by Occidental Permian Ltd., Railroad Commission of Texas operator number 617544.
- Where is SANTANA 2424SH?
- SANTANA 2424SH is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54553.
- Is SANTANA 2424SH still producing?
- SANTANA 2424SH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANTANA 2424SH is August 2026.
- How much has SANTANA 2424SH produced?
- SANTANA 2424SH has reported 249,733 barrels of oil (bbl) to the Railroad Commission of Texas between May 2020 and August 2026, from 1 wellbore.
- How much is SANTANA 2424SH worth?
- The remaining production from SANTANA 2424SH is estimated to be worth about $2.4M in total as of 27 August 2026, within a range of $1.9M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANTANA 2424SH is a fraction of it. The estimate fits an Arps decline curve to the production SANTANA 2424SH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANTANA 2424SH is an estimate of value, not an offer and not an appraisal.
- How much income does SANTANA 2424SH generate in a year?
- SANTANA 2424SH is forecast to net about $504K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SANTANA 2424SH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Occidental Permian Ltd. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 54553 |
| Wellbores | 1 |
| Reported production | 249,733 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where SANTANA 2424SH 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.