HANFORD (SAN ANDRES) UNIT
HANFORD (SAN ANDRES) UNIT is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Fasken, Barbara. It has 52 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,420,011 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 $11.5M, with roughly $2.6M 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 3,689 barrels a month, about 71 per wellbore. Its strongest month on the record we hold was May 2016, at 6,485 barrels. 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 HANFORD (SAN ANDRES) UNIT
- Who operates HANFORD (SAN ANDRES) UNIT?
- HANFORD (SAN ANDRES) UNIT is operated by Fasken, Barbara, Railroad Commission of Texas operator number 263695.
- Where is HANFORD (SAN ANDRES) UNIT?
- HANFORD (SAN ANDRES) UNIT is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 64742.
- Is HANFORD (SAN ANDRES) UNIT still producing?
- HANFORD (SAN ANDRES) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANFORD (SAN ANDRES) UNIT is August 2026.
- How much has HANFORD (SAN ANDRES) UNIT produced?
- HANFORD (SAN ANDRES) UNIT has reported 4,420,011 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 52 wellbores.
- How much is HANFORD (SAN ANDRES) UNIT worth?
- The remaining production from HANFORD (SAN ANDRES) UNIT is estimated to be worth about $11.5M in total as of 27 August 2026, within a range of $9.5M to $13.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANFORD (SAN ANDRES) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HANFORD (SAN ANDRES) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HANFORD (SAN ANDRES) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HANFORD (SAN ANDRES) UNIT generate in a year?
- HANFORD (SAN ANDRES) UNIT is forecast to net about $2.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HANFORD (SAN ANDRES) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken, Barbara |
|---|---|
| Field | Hanford (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 64742 |
| Wellbores | 52 |
| Reported production | 4,420,011 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.5M |
Where HANFORD (SAN ANDRES) 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.