SANDERS-GRAPPE
SANDERS-GRAPPE is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Wheeler Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 42,144 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 $253K, with roughly $48K 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 48 barrels a month. Its strongest month on the record we hold was July 2023, at 190 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 SANDERS-GRAPPE
- Who operates SANDERS-GRAPPE?
- SANDERS-GRAPPE is operated by Wheeler Operating Corporation, Railroad Commission of Texas operator number 914263.
- Where is SANDERS-GRAPPE?
- SANDERS-GRAPPE is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62081.
- Is SANDERS-GRAPPE still producing?
- SANDERS-GRAPPE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDERS-GRAPPE is August 2026.
- How much has SANDERS-GRAPPE produced?
- SANDERS-GRAPPE has reported 42,144 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SANDERS-GRAPPE worth?
- The remaining production from SANDERS-GRAPPE is estimated to be worth about $253K in total as of 27 August 2026, within a range of $139K to $367K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDERS-GRAPPE is a fraction of it. The estimate fits an Arps decline curve to the production SANDERS-GRAPPE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDERS-GRAPPE is an estimate of value, not an offer and not an appraisal.
- How much income does SANDERS-GRAPPE generate in a year?
- SANDERS-GRAPPE is forecast to net about $48K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SANDERS-GRAPPE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wheeler Operating Corporation |
|---|---|
| Field | Levelland |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 62081 |
| Wellbores | 1 |
| Reported production | 42,144 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $253K |
Where SANDERS-GRAPPE 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.