SANDLOT STATE
SANDLOT STATE is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Resolute Natural Res. Co., LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 2,394,000 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 $540K, with roughly $258K 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 10,198 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 177,942 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 SANDLOT STATE
- Who operates SANDLOT STATE?
- SANDLOT STATE is operated by Resolute Natural Res. Co., LLC, Railroad Commission of Texas operator number 703352.
- Where is SANDLOT STATE?
- SANDLOT STATE is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 285898.
- Is SANDLOT STATE still producing?
- SANDLOT STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDLOT STATE is August 2026.
- How much has SANDLOT STATE produced?
- SANDLOT STATE has reported 2,394,000 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2018 and August 2026, from 1 wellbore.
- How much is SANDLOT STATE worth?
- The remaining production from SANDLOT STATE is estimated to be worth about $540K in total as of 26 August 2026, within a range of $443K to $637K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDLOT STATE is a fraction of it. The estimate fits an Arps decline curve to the production SANDLOT STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDLOT STATE is an estimate of value, not an offer and not an appraisal.
- How much income does SANDLOT STATE generate in a year?
- SANDLOT STATE is forecast to net about $258K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SANDLOT STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Resolute Natural Res. Co., LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 285898 |
| Wellbores | 1 |
| Reported production | 2,394,000 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $540K |
Where SANDLOT STATE 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.