FANDANGO 536
FANDANGO 536 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Steward Energy II, LLC. It has 3 wellbores on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 1,110,683 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 $18.5M, with roughly $4.7M 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 6,356 barrels a month, about 2,119 per wellbore. Its strongest month on the record we hold was March 2020, at 41,627 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 FANDANGO 536
- Who operates FANDANGO 536?
- FANDANGO 536 is operated by Steward Energy II, LLC, Railroad Commission of Texas operator number 819609.
- Where is FANDANGO 536?
- FANDANGO 536 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70805.
- Is FANDANGO 536 still producing?
- FANDANGO 536 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FANDANGO 536 is August 2026.
- How much has FANDANGO 536 produced?
- FANDANGO 536 has reported 1,110,683 barrels of oil (bbl) to the Railroad Commission of Texas between July 2018 and August 2026, from 3 wellbores.
- How much is FANDANGO 536 worth?
- The remaining production from FANDANGO 536 is estimated to be worth about $18.5M in total as of 26 August 2026, within a range of $15.4M to $21.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FANDANGO 536 is a fraction of it. The estimate fits an Arps decline curve to the production FANDANGO 536 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FANDANGO 536 is an estimate of value, not an offer and not an appraisal.
- How much income does FANDANGO 536 generate in a year?
- FANDANGO 536 is forecast to net about $4.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FANDANGO 536 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Steward Energy II, LLC |
|---|---|
| Field | Platang (San Andres) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 70805 |
| Wellbores | 3 |
| Reported production | 1,110,683 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $18.5M |
Where FANDANGO 536 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.