GRAY, SANFORD
GRAY, SANFORD is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Haylan Oil Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 14,151 barrels. The lease is intermittent. 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 $3K, with roughly $565 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 barrels a month. Its strongest month on the record we hold was November 2017, at 63 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GRAY, SANFORD
- Who operates GRAY, SANFORD?
- GRAY, SANFORD is operated by Haylan Oil Company, Railroad Commission of Texas operator number 368888.
- Where is GRAY, SANFORD?
- GRAY, SANFORD is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 27792.
- Is GRAY, SANFORD still producing?
- GRAY, SANFORD is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GRAY, SANFORD is August 2026.
- How much has GRAY, SANFORD produced?
- GRAY, SANFORD has reported 14,151 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is GRAY, SANFORD worth?
- The remaining production from GRAY, SANFORD is estimated to be worth about $3K in total as of 26 August 2026, within a range of $0 to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAY, SANFORD is a fraction of it. The estimate fits an Arps decline curve to the production GRAY, SANFORD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAY, SANFORD is an estimate of value, not an offer and not an appraisal.
- How much income does GRAY, SANFORD generate in a year?
- GRAY, SANFORD is forecast to net about $565 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAY, SANFORD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Haylan Oil Company |
|---|---|
| Field | Pecos Valley (Low Gravity) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 27792 |
| Wellbores | 3 |
| Reported production | 14,151 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where GRAY, SANFORD 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.