PLAINS-SAUNDERS
PLAINS-SAUNDERS is a Texas gas lease in Gray County, Railroad Commission district 10, operated by Gaea Services, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 306,870 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 $55K, with roughly $8K 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 391 thousand cubic feet a month. Its strongest month on the record we hold was October 2020, at 928 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 PLAINS-SAUNDERS
- Who operates PLAINS-SAUNDERS?
- PLAINS-SAUNDERS is operated by Gaea Services, Inc., Railroad Commission of Texas operator number 292356.
- Where is PLAINS-SAUNDERS?
- PLAINS-SAUNDERS is a Texas gas lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 025889.
- Is PLAINS-SAUNDERS still producing?
- PLAINS-SAUNDERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PLAINS-SAUNDERS is August 2026.
- How much has PLAINS-SAUNDERS produced?
- PLAINS-SAUNDERS has reported 306,870 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PLAINS-SAUNDERS worth?
- The remaining production from PLAINS-SAUNDERS is estimated to be worth about $55K in total as of 26 August 2026, within a range of $43K to $67K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PLAINS-SAUNDERS is a fraction of it. The estimate fits an Arps decline curve to the production PLAINS-SAUNDERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PLAINS-SAUNDERS is an estimate of value, not an offer and not an appraisal.
- How much income does PLAINS-SAUNDERS generate in a year?
- PLAINS-SAUNDERS is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PLAINS-SAUNDERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gaea Services, Inc. |
|---|---|
| Field | Panhandle, East |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 025889 |
| Wellbores | 1 |
| Reported production | 306,870 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $55K |
Where PLAINS-SAUNDERS 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.