DESPERADO E 538
DESPERADO E 538 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Riley Permian Operating Co, LLC. It has 5 wellbores on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 1,443,029 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 $20.9M, with roughly $5.4M 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 6,532 barrels a month, about 1,306 per wellbore. Its strongest month on the record we hold was August 2018, at 41,562 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 DESPERADO E 538
- Who operates DESPERADO E 538?
- DESPERADO E 538 is operated by Riley Permian Operating Co, LLC, Railroad Commission of Texas operator number 712217.
- Where is DESPERADO E 538?
- DESPERADO E 538 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70627.
- Is DESPERADO E 538 still producing?
- DESPERADO E 538 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DESPERADO E 538 is August 2026.
- How much has DESPERADO E 538 produced?
- DESPERADO E 538 has reported 1,443,029 barrels of oil (bbl) to the Railroad Commission of Texas between May 2017 and August 2026, from 5 wellbores.
- How much is DESPERADO E 538 worth?
- The remaining production from DESPERADO E 538 is estimated to be worth about $20.9M in total as of 26 August 2026, within a range of $17.4M to $24.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DESPERADO E 538 is a fraction of it. The estimate fits an Arps decline curve to the production DESPERADO E 538 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DESPERADO E 538 is an estimate of value, not an offer and not an appraisal.
- How much income does DESPERADO E 538 generate in a year?
- DESPERADO E 538 is forecast to net about $5.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DESPERADO E 538 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Riley Permian Operating Co, LLC |
|---|---|
| Field | Platang (San Andres) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 70627 |
| Wellbores | 5 |
| Reported production | 1,443,029 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20.9M |
Where DESPERADO E 538 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.