PLUSH 358
PLUSH 358 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 October 2022 to August 2026, totalling 388,624 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 $9.5M, with roughly $2.6M 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 4,220 barrels a month, about 1,407 per wellbore. Its strongest month on the record we hold was December 2022, at 28,741 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 PLUSH 358
- Who operates PLUSH 358?
- PLUSH 358 is operated by Steward Energy II, LLC, Railroad Commission of Texas operator number 819609.
- Where is PLUSH 358?
- PLUSH 358 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71305.
- Is PLUSH 358 still producing?
- PLUSH 358 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PLUSH 358 is August 2026.
- How much has PLUSH 358 produced?
- PLUSH 358 has reported 388,624 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 3 wellbores.
- How much is PLUSH 358 worth?
- The remaining production from PLUSH 358 is estimated to be worth about $9.5M in total as of 26 August 2026, within a range of $7.9M to $11.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PLUSH 358 is a fraction of it. The estimate fits an Arps decline curve to the production PLUSH 358 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PLUSH 358 is an estimate of value, not an offer and not an appraisal.
- How much income does PLUSH 358 generate in a year?
- PLUSH 358 is forecast to net about $2.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PLUSH 358 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 | 71305 |
| Wellbores | 3 |
| Reported production | 388,624 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.5M |
Where PLUSH 358 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.