SCORPION 2
SCORPION 2 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Occidental Permian Ltd. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 98,833 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 $568K, with roughly $345K 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 661 barrels a month. Its strongest month on the record we hold was October 2019, at 5,073 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 SCORPION 2
- Who operates SCORPION 2?
- SCORPION 2 is operated by Occidental Permian Ltd., Railroad Commission of Texas operator number 617544.
- Where is SCORPION 2?
- SCORPION 2 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70974.
- Is SCORPION 2 still producing?
- SCORPION 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCORPION 2 is August 2026.
- How much has SCORPION 2 produced?
- SCORPION 2 has reported 98,833 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
- How much is SCORPION 2 worth?
- The remaining production from SCORPION 2 is estimated to be worth about $568K in total as of 27 August 2026, within a range of $443K to $693K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCORPION 2 is a fraction of it. The estimate fits an Arps decline curve to the production SCORPION 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCORPION 2 is an estimate of value, not an offer and not an appraisal.
- How much income does SCORPION 2 generate in a year?
- SCORPION 2 is forecast to net about $345K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SCORPION 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Occidental Permian Ltd. |
|---|---|
| Field | Wasson 72 |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 70974 |
| Wellbores | 1 |
| Reported production | 98,833 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $568K |
Where SCORPION 2 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.