SVRCEK
SVRCEK is a Texas oil lease in Milam County, Railroad Commission district 01, operated by Babco Oil & Gas, LLC. It has 2 wellbores on file with the Commission. Reported production runs from December 2019 to August 2026, totalling 385 barrels. The lease is intermittent. 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 $25K, with roughly $5K 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 2 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was January 2020, at 26 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SVRCEK
- Who operates SVRCEK?
- SVRCEK is operated by Babco Oil & Gas, LLC, Railroad Commission of Texas operator number 042240.
- Where is SVRCEK?
- SVRCEK is a Texas oil lease in Milam County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20244.
- Is SVRCEK still producing?
- SVRCEK is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SVRCEK is August 2026.
- How much has SVRCEK produced?
- SVRCEK has reported 385 barrels of oil (bbl) to the Railroad Commission of Texas between December 2019 and August 2026, from 2 wellbores.
- How much is SVRCEK worth?
- The remaining production from SVRCEK is estimated to be worth about $25K in total as of 27 August 2026, within a range of $0 to $50K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SVRCEK is a fraction of it. The estimate fits an Arps decline curve to the production SVRCEK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SVRCEK is an estimate of value, not an offer and not an appraisal.
- How much income does SVRCEK generate in a year?
- SVRCEK is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SVRCEK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Babco Oil & Gas, LLC |
|---|---|
| Field | Minerva-Rockdale |
| County | Milam County, Texas |
| RRC district | 01 |
| Lease number | 20244 |
| Wellbores | 2 |
| Reported production | 385 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where SVRCEK 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.