HEIRS, SANGER #1
HEIRS, SANGER #1 is a Texas oil lease in Live Oak County, Railroad Commission district 02, operated by New Horizon Investments Ltd. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 35,307 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $3K, with roughly $511 expected over the next twelve months.
| Operator | New Horizon Investments Ltd. |
|---|---|
| Field | Spring Creek, N. (Hockley -C-) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 05114 |
| Wellbores | 3 |
| Reported production | 35,307 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $3K |
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.