BONANZA (SAN ANDRES) UNIT
BONANZA (SAN ANDRES) UNIT is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Meridian Exploration Corp. It has 52 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 593,268 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 $57K, with roughly $11K 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 16 barrels a month. Its strongest month on the record we hold was April 2018, at 1,538 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BONANZA (SAN ANDRES) UNIT
- Who operates BONANZA (SAN ANDRES) UNIT?
- BONANZA (SAN ANDRES) UNIT is operated by Meridian Exploration Corp., Railroad Commission of Texas operator number 561124.
- Where is BONANZA (SAN ANDRES) UNIT?
- BONANZA (SAN ANDRES) UNIT is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66221.
- Is BONANZA (SAN ANDRES) UNIT still producing?
- BONANZA (SAN ANDRES) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BONANZA (SAN ANDRES) UNIT is August 2026.
- How much has BONANZA (SAN ANDRES) UNIT produced?
- BONANZA (SAN ANDRES) UNIT has reported 593,268 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 52 wellbores.
- How much is BONANZA (SAN ANDRES) UNIT worth?
- The remaining production from BONANZA (SAN ANDRES) UNIT is estimated to be worth about $57K in total as of 27 August 2026, within a range of $31K to $82K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BONANZA (SAN ANDRES) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BONANZA (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 BONANZA (SAN ANDRES) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BONANZA (SAN ANDRES) UNIT generate in a year?
- BONANZA (SAN ANDRES) UNIT is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BONANZA (SAN ANDRES) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Exploration Corp. |
|---|---|
| Field | Bonanza (San Andres) |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 66221 |
| Wellbores | 52 |
| Reported production | 593,268 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $57K |
Where BONANZA (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.