SANDMAN UNIT
SANDMAN UNIT is a Texas gas lease in Cooke County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2007 to August 2026, totalling 251,421 thousand cubic feet. 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 $197K, with roughly $39K 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 712 thousand cubic feet a month. Its strongest month on the record we hold was January 2025, at 893 thousand cubic feet. 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 SANDMAN UNIT
- Who operates SANDMAN UNIT?
- SANDMAN UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is SANDMAN UNIT?
- SANDMAN UNIT is a Texas gas lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 276371.
- Is SANDMAN UNIT still producing?
- SANDMAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDMAN UNIT is August 2026.
- How much has SANDMAN UNIT produced?
- SANDMAN UNIT has reported 251,421 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2007 and August 2026, from 1 wellbore.
- How much is SANDMAN UNIT worth?
- The remaining production from SANDMAN UNIT is estimated to be worth about $197K in total as of 26 August 2026, within a range of $154K to $241K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDMAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SANDMAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDMAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SANDMAN UNIT generate in a year?
- SANDMAN UNIT is forecast to net about $39K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SANDMAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 276371 |
| Wellbores | 1 |
| Reported production | 251,421 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $197K |
Where SANDMAN 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.