RENEGADE 401
RENEGADE 401 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Custer & Wright Operating, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 2019 to August 2026, totalling 937,351 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 $13.6M, with roughly $4.0M 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 6,229 barrels a month, about 1,246 per wellbore. Its strongest month on the record we hold was September 2020, at 23,284 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 RENEGADE 401
- Who operates RENEGADE 401?
- RENEGADE 401 is operated by Custer & Wright Operating, Inc., Railroad Commission of Texas operator number 195651.
- Where is RENEGADE 401?
- RENEGADE 401 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70856.
- Is RENEGADE 401 still producing?
- RENEGADE 401 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RENEGADE 401 is August 2026.
- How much has RENEGADE 401 produced?
- RENEGADE 401 has reported 937,351 barrels of oil (bbl) to the Railroad Commission of Texas between January 2019 and August 2026, from 5 wellbores.
- How much is RENEGADE 401 worth?
- The remaining production from RENEGADE 401 is estimated to be worth about $13.6M in total as of 27 August 2026, within a range of $11.3M to $15.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RENEGADE 401 is a fraction of it. The estimate fits an Arps decline curve to the production RENEGADE 401 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RENEGADE 401 is an estimate of value, not an offer and not an appraisal.
- How much income does RENEGADE 401 generate in a year?
- RENEGADE 401 is forecast to net about $4.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RENEGADE 401 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Custer & Wright Operating, Inc. |
|---|---|
| Field | Platang (San Andres) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 70856 |
| Wellbores | 5 |
| Reported production | 937,351 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $13.6M |
Where RENEGADE 401 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.