SHERMAN (7500 SAND) UNIT
SHERMAN (7500 SAND) UNIT is a Texas gas lease in Grayson County, Railroad Commission district 09, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 386,901 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 $4K, with roughly $512 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 41 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 3,877 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SHERMAN (7500 SAND) UNIT
- Who operates SHERMAN (7500 SAND) UNIT?
- SHERMAN (7500 SAND) UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is SHERMAN (7500 SAND) UNIT?
- SHERMAN (7500 SAND) UNIT is a Texas gas lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 097746.
- Is SHERMAN (7500 SAND) UNIT still producing?
- SHERMAN (7500 SAND) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHERMAN (7500 SAND) UNIT is August 2026.
- How much has SHERMAN (7500 SAND) UNIT produced?
- SHERMAN (7500 SAND) UNIT has reported 386,901 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SHERMAN (7500 SAND) UNIT worth?
- The remaining production from SHERMAN (7500 SAND) UNIT is estimated to be worth about $4K in total as of 26 August 2026, within a range of $2K to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHERMAN (7500 SAND) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHERMAN (7500 SAND) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHERMAN (7500 SAND) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHERMAN (7500 SAND) UNIT generate in a year?
- SHERMAN (7500 SAND) UNIT is forecast to net about $512 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHERMAN (7500 SAND) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Sherman (7500 Sand) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 097746 |
| Wellbores | 1 |
| Reported production | 386,901 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where SHERMAN (7500 SAND) 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.