ROAD DIRT 534
ROAD DIRT 534 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Manzano, LLC. It has 2 wellbores on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 548,160 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 $5.2M, with roughly $1.2M 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 1,502 barrels a month, about 751 per wellbore. Its strongest month on the record we hold was December 2017, at 31,891 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 ROAD DIRT 534
- Who operates ROAD DIRT 534?
- ROAD DIRT 534 is operated by Manzano, LLC, Railroad Commission of Texas operator number 525195.
- Where is ROAD DIRT 534?
- ROAD DIRT 534 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70346.
- Is ROAD DIRT 534 still producing?
- ROAD DIRT 534 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROAD DIRT 534 is August 2026.
- How much has ROAD DIRT 534 produced?
- ROAD DIRT 534 has reported 548,160 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 2 wellbores.
- How much is ROAD DIRT 534 worth?
- The remaining production from ROAD DIRT 534 is estimated to be worth about $5.2M in total as of 27 August 2026, within a range of $4.4M to $6.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROAD DIRT 534 is a fraction of it. The estimate fits an Arps decline curve to the production ROAD DIRT 534 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROAD DIRT 534 is an estimate of value, not an offer and not an appraisal.
- How much income does ROAD DIRT 534 generate in a year?
- ROAD DIRT 534 is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ROAD DIRT 534 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Manzano, LLC |
|---|---|
| Field | Platang (San Andres) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 70346 |
| Wellbores | 2 |
| Reported production | 548,160 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.2M |
Where ROAD DIRT 534 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.