SATNIN 37-36

SATNIN 37-36 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Sabalo Operating, LLC. It has 6 wellbores on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 2,067,257 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 $33.5M, with roughly $8.7M 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 11,105 barrels a month, about 1,851 per wellbore. Its strongest month on the record we hold was May 2022, at 127,159 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 SATNIN 37-36

Who operates SATNIN 37-36?
SATNIN 37-36 is operated by Sabalo Operating, LLC, Railroad Commission of Texas operator number 741939.
Where is SATNIN 37-36?
SATNIN 37-36 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51060.
Is SATNIN 37-36 still producing?
SATNIN 37-36 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SATNIN 37-36 is August 2026.
How much has SATNIN 37-36 produced?
SATNIN 37-36 has reported 2,067,257 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 6 wellbores.
How much is SATNIN 37-36 worth?
The remaining production from SATNIN 37-36 is estimated to be worth about $33.5M in total as of 26 August 2026, within a range of $27.4M to $39.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SATNIN 37-36 is a fraction of it. The estimate fits an Arps decline curve to the production SATNIN 37-36 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SATNIN 37-36 is an estimate of value, not an offer and not an appraisal.
How much income does SATNIN 37-36 generate in a year?
SATNIN 37-36 is forecast to net about $8.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SATNIN 37-36 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SATNIN 37-36 as filed with the Railroad Commission of Texas
OperatorSabalo Operating, LLC
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number51060
Wellbores6
Reported production2,067,257 bbl
First reported
Last reported
Estimated royalty value$33.5M

Where SATNIN 37-36 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.