SANFORD 480
SANFORD 480 is a Texas gas lease in Carson County, Railroad Commission district 10, operated by SNW Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2007 to August 2026, totalling 803,142 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 $843K, with roughly $179K 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 1,050 thousand cubic feet a month. Its strongest month on the record we hold was September 2018, at 3,098 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 SANFORD 480
- Who operates SANFORD 480?
- SANFORD 480 is operated by SNW Operating Company, Railroad Commission of Texas operator number 799856.
- Where is SANFORD 480?
- SANFORD 480 is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 232482.
- Is SANFORD 480 still producing?
- SANFORD 480 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANFORD 480 is August 2026.
- How much has SANFORD 480 produced?
- SANFORD 480 has reported 803,142 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is SANFORD 480 worth?
- The remaining production from SANFORD 480 is estimated to be worth about $843K in total as of 27 August 2026, within a range of $700K to $986K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANFORD 480 is a fraction of it. The estimate fits an Arps decline curve to the production SANFORD 480 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANFORD 480 is an estimate of value, not an offer and not an appraisal.
- How much income does SANFORD 480 generate in a year?
- SANFORD 480 is forecast to net about $179K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SANFORD 480 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SNW Operating Company |
|---|---|
| Field | Panhandle, West |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 232482 |
| Wellbores | 1 |
| Reported production | 803,142 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $843K |
Where SANFORD 480 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.