SANDERS 74
SANDERS 74 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Latigo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 3,449,174 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 $651K, with roughly $125K 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 4,106 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 14,496 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 74
- Who operates SANDERS 74?
- SANDERS 74 is operated by Latigo Petroleum, Inc., Railroad Commission of Texas operator number 488264.
- Where is SANDERS 74?
- SANDERS 74 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 259493.
- Is SANDERS 74 still producing?
- SANDERS 74 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDERS 74 is August 2026.
- How much has SANDERS 74 produced?
- SANDERS 74 has reported 3,449,174 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2010 and August 2026, from 1 wellbore.
- How much is SANDERS 74 worth?
- The remaining production from SANDERS 74 is estimated to be worth about $651K in total as of 27 August 2026, within a range of $540K to $761K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDERS 74 is a fraction of it. The estimate fits an Arps decline curve to the production SANDERS 74 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDERS 74 is an estimate of value, not an offer and not an appraisal.
- How much income does SANDERS 74 generate in a year?
- SANDERS 74 is forecast to net about $125K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SANDERS 74 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Petroleum, Inc. |
|---|---|
| Field | Meg (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 259493 |
| Wellbores | 1 |
| Reported production | 3,449,174 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $651K |
Where SANDERS 74 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.