SANDY
SANDY is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Henry Petroleum LP. It has 14 wellbores on file with the Commission. Reported production runs from January 2005 to August 2026, totalling 859,275 barrels. 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 $2.0M, with roughly $448K 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 869 barrels a month, about 62 per wellbore. Its strongest month on the record we hold was August 2025, at 2,323 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SANDY
- Who operates SANDY?
- SANDY is operated by Henry Petroleum LP, Railroad Commission of Texas operator number 378642.
- Where is SANDY?
- SANDY is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15651.
- Is SANDY still producing?
- SANDY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDY is August 2026.
- How much has SANDY produced?
- SANDY has reported 859,275 barrels of oil (bbl) to the Railroad Commission of Texas between January 2005 and August 2026, from 14 wellbores.
- How much is SANDY worth?
- The remaining production from SANDY is estimated to be worth about $2.0M in total as of 27 August 2026, within a range of $1.6M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDY is a fraction of it. The estimate fits an Arps decline curve to the production SANDY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDY is an estimate of value, not an offer and not an appraisal.
- How much income does SANDY generate in a year?
- SANDY is forecast to net about $448K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SANDY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Henry Petroleum LP |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 15651 |
| Wellbores | 14 |
| Reported production | 859,275 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where SANDY 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.