SAAM
SAAM is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by Cedar Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2020 to August 2026, totalling 37,146 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 $214K, with roughly $41K 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 66 barrels a month. Its strongest month on the record we hold was May 2020, at 2,115 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SAAM
- Who operates SAAM?
- SAAM is operated by Cedar Oil Company, Railroad Commission of Texas operator number 140599.
- Where is SAAM?
- SAAM is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21121.
- Is SAAM still producing?
- SAAM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SAAM is August 2026.
- How much has SAAM produced?
- SAAM has reported 37,146 barrels of oil (bbl) to the Railroad Commission of Texas between May 2020 and August 2026, from 1 wellbore.
- How much is SAAM worth?
- The remaining production from SAAM is estimated to be worth about $214K in total as of 26 August 2026, within a range of $118K to $311K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAAM is a fraction of it. The estimate fits an Arps decline curve to the production SAAM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAAM is an estimate of value, not an offer and not an appraisal.
- How much income does SAAM generate in a year?
- SAAM is forecast to net about $41K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SAAM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cedar Oil Company |
|---|---|
| Field | Fennell (Goen) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 21121 |
| Wellbores | 1 |
| Reported production | 37,146 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $214K |
Where SAAM 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.