SANDERS, REX -B- UNIT
SANDERS, REX -B- UNIT is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Oryx Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,465,140 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 $102K, with roughly $18K 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 790 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 1,675 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 SANDERS, REX -B- UNIT
- Who operates SANDERS, REX -B- UNIT?
- SANDERS, REX -B- UNIT is operated by Oryx Energy Company, Railroad Commission of Texas operator number 627127.
- Where is SANDERS, REX -B- UNIT?
- SANDERS, REX -B- UNIT is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 028450.
- Is SANDERS, REX -B- UNIT still producing?
- SANDERS, REX -B- UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDERS, REX -B- UNIT is August 2026.
- How much has SANDERS, REX -B- UNIT produced?
- SANDERS, REX -B- UNIT has reported 1,465,140 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SANDERS, REX -B- UNIT worth?
- The remaining production from SANDERS, REX -B- UNIT is estimated to be worth about $102K in total as of 27 August 2026, within a range of $80K to $125K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDERS, REX -B- UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SANDERS, REX -B- UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDERS, REX -B- UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SANDERS, REX -B- UNIT generate in a year?
- SANDERS, REX -B- UNIT is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SANDERS, REX -B- UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oryx Energy Company |
|---|---|
| Field | Hansford (Morrow, Lower) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 028450 |
| Wellbores | 1 |
| Reported production | 1,465,140 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $102K |
Where SANDERS, REX -B- 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.