SAVAGE 551
SAVAGE 551 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Steward Energy II, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 64,951 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 $1.0M, with roughly $234K 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 317 barrels a month. Its strongest month on the record we hold was October 2018, at 4,157 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SAVAGE 551
- Who operates SAVAGE 551?
- SAVAGE 551 is operated by Steward Energy II, LLC, Railroad Commission of Texas operator number 819609.
- Where is SAVAGE 551?
- SAVAGE 551 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70870.
- Is SAVAGE 551 still producing?
- SAVAGE 551 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SAVAGE 551 is August 2026.
- How much has SAVAGE 551 produced?
- SAVAGE 551 has reported 64,951 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is SAVAGE 551 worth?
- The remaining production from SAVAGE 551 is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $799K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAVAGE 551 is a fraction of it. The estimate fits an Arps decline curve to the production SAVAGE 551 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAVAGE 551 is an estimate of value, not an offer and not an appraisal.
- How much income does SAVAGE 551 generate in a year?
- SAVAGE 551 is forecast to net about $234K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SAVAGE 551 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 | 70870 |
| Wellbores | 1 |
| Reported production | 64,951 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where SAVAGE 551 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.