SANDERS UNIT

SANDERS UNIT is a Texas gas lease in Grimes County, Railroad Commission district 03, operated by Stroud Energy, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from April 2006 to August 2026, totalling 3,496,527 thousand cubic feet. 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 $806K, with roughly $122K 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 5,444 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 12,272 thousand cubic feet. 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 SANDERS UNIT

Who operates SANDERS UNIT?
SANDERS UNIT is operated by Stroud Energy, Ltd., Railroad Commission of Texas operator number 828130.
Where is SANDERS UNIT?
SANDERS UNIT is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 216809.
Is SANDERS UNIT still producing?
SANDERS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDERS UNIT is August 2026.
How much has SANDERS UNIT produced?
SANDERS UNIT has reported 3,496,527 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2006 and August 2026, from 1 wellbore.
How much is SANDERS UNIT worth?
The remaining production from SANDERS UNIT is estimated to be worth about $806K in total as of 26 August 2026, within a range of $669K to $943K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDERS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SANDERS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDERS UNIT is an estimate of value, not an offer and not an appraisal.
How much income does SANDERS UNIT generate in a year?
SANDERS UNIT is forecast to net about $122K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SANDERS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SANDERS UNIT as filed with the Railroad Commission of Texas
OperatorStroud Energy, Ltd.
FieldGiddings (Austin Chalk, Gas)
CountyGrimes County, Texas
RRC district03
Lease number216809
Wellbores1
Reported production3,496,527 mcf
First reported
Last reported
Estimated royalty value$806K

Where SANDERS UNIT 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.