NEVERMIND 451
NEVERMIND 451 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Steward Energy II, LLC. It has 5 wellbores on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 926,081 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 $15.4M, with roughly $4.2M 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 5,851 barrels a month, about 1,170 per wellbore. Its strongest month on the record we hold was November 2022, at 25,579 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 NEVERMIND 451
- Who operates NEVERMIND 451?
- NEVERMIND 451 is operated by Steward Energy II, LLC, Railroad Commission of Texas operator number 819609.
- Where is NEVERMIND 451?
- NEVERMIND 451 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70642.
- Is NEVERMIND 451 still producing?
- NEVERMIND 451 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEVERMIND 451 is August 2026.
- How much has NEVERMIND 451 produced?
- NEVERMIND 451 has reported 926,081 barrels of oil (bbl) to the Railroad Commission of Texas between June 2017 and August 2026, from 5 wellbores.
- How much is NEVERMIND 451 worth?
- The remaining production from NEVERMIND 451 is estimated to be worth about $15.4M in total as of 26 August 2026, within a range of $12.8M to $18.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEVERMIND 451 is a fraction of it. The estimate fits an Arps decline curve to the production NEVERMIND 451 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEVERMIND 451 is an estimate of value, not an offer and not an appraisal.
- How much income does NEVERMIND 451 generate in a year?
- NEVERMIND 451 is forecast to net about $4.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEVERMIND 451 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 | 70642 |
| Wellbores | 5 |
| Reported production | 926,081 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15.4M |
Where NEVERMIND 451 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.