ANDY
ANDY is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Sage Petroleum Co. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 26,638 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 $181K, with roughly $34K 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 47 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was November 2022, at 127 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 ANDY
- Who operates ANDY?
- ANDY is operated by Sage Petroleum Co., Railroad Commission of Texas operator number 743250.
- Where is ANDY?
- ANDY is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 02865.
- Is ANDY still producing?
- ANDY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ANDY is August 2026.
- How much has ANDY produced?
- ANDY has reported 26,638 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
- How much is ANDY worth?
- The remaining production from ANDY is estimated to be worth about $181K in total as of 26 August 2026, within a range of $99K to $262K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ANDY is a fraction of it. The estimate fits an Arps decline curve to the production ANDY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ANDY is an estimate of value, not an offer and not an appraisal.
- How much income does ANDY generate in a year?
- ANDY is forecast to net about $34K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ANDY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sage Petroleum Co. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 02865 |
| Wellbores | 10 |
| Reported production | 26,638 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $181K |
Where ANDY 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.