SANDWORM STATE 57-3-14 UNIT

SANDWORM STATE 57-3-14 UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2016 to August 2026, totalling 3,999,941 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 $3.0M, with roughly $880K 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 7,255 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 115,413 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 SANDWORM STATE 57-3-14 UNIT

Who operates SANDWORM STATE 57-3-14 UNIT?
SANDWORM STATE 57-3-14 UNIT is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
Where is SANDWORM STATE 57-3-14 UNIT?
SANDWORM STATE 57-3-14 UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 282728.
Is SANDWORM STATE 57-3-14 UNIT still producing?
SANDWORM STATE 57-3-14 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDWORM STATE 57-3-14 UNIT is August 2026.
How much has SANDWORM STATE 57-3-14 UNIT produced?
SANDWORM STATE 57-3-14 UNIT has reported 3,999,941 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2016 and August 2026, from 1 wellbore.
How much is SANDWORM STATE 57-3-14 UNIT worth?
The remaining production from SANDWORM STATE 57-3-14 UNIT is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.5M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDWORM STATE 57-3-14 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SANDWORM STATE 57-3-14 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDWORM STATE 57-3-14 UNIT is an estimate of value, not an offer and not an appraisal.
How much income does SANDWORM STATE 57-3-14 UNIT generate in a year?
SANDWORM STATE 57-3-14 UNIT is forecast to net about $880K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SANDWORM STATE 57-3-14 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SANDWORM STATE 57-3-14 UNIT as filed with the Railroad Commission of Texas
OperatorAnadarko E&P Onshore LLC
FieldPhantom (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number282728
Wellbores1
Reported production3,999,941 mcf
First reported
Last reported
Estimated royalty value$3.0M

Where SANDWORM STATE 57-3-14 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.