SADLER /PENN./ FIELD UNIT
SADLER /PENN./ FIELD UNIT is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Eland Energy, Inc. It has 64 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 738,435 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 $1.3M, with roughly $485K 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 738 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was May 2016, at 7,085 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 SADLER /PENN./ FIELD UNIT
- Who operates SADLER /PENN./ FIELD UNIT?
- SADLER /PENN./ FIELD UNIT is operated by Eland Energy, Inc., Railroad Commission of Texas operator number 246565.
- Where is SADLER /PENN./ FIELD UNIT?
- SADLER /PENN./ FIELD UNIT is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 11127.
- Is SADLER /PENN./ FIELD UNIT still producing?
- SADLER /PENN./ FIELD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SADLER /PENN./ FIELD UNIT is August 2026.
- How much has SADLER /PENN./ FIELD UNIT produced?
- SADLER /PENN./ FIELD UNIT has reported 738,435 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 64 wellbores.
- How much is SADLER /PENN./ FIELD UNIT worth?
- The remaining production from SADLER /PENN./ FIELD UNIT is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SADLER /PENN./ FIELD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SADLER /PENN./ FIELD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SADLER /PENN./ FIELD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SADLER /PENN./ FIELD UNIT generate in a year?
- SADLER /PENN./ FIELD UNIT is forecast to net about $485K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SADLER /PENN./ FIELD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eland Energy, Inc. |
|---|---|
| Field | Sadler (Penn.) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 11127 |
| Wellbores | 64 |
| Reported production | 738,435 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where SADLER /PENN./ FIELD 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.