SANDERS
SANDERS is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Sanders Oil Co. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 167,689 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 $952K, with roughly $216K 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 318 barrels a month, about 64 per wellbore. Its strongest month on the record we hold was April 2024, at 467 barrels. 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
- Who operates SANDERS?
- SANDERS is operated by Sanders Oil Co., Railroad Commission of Texas operator number 747640.
- Where is SANDERS?
- SANDERS is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 63442.
- Is SANDERS still producing?
- SANDERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDERS is August 2026.
- How much has SANDERS produced?
- SANDERS has reported 167,689 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is SANDERS worth?
- The remaining production from SANDERS is estimated to be worth about $952K in total as of 27 August 2026, within a range of $743K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDERS is a fraction of it. The estimate fits an Arps decline curve to the production SANDERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDERS is an estimate of value, not an offer and not an appraisal.
- How much income does SANDERS generate in a year?
- SANDERS is forecast to net about $216K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SANDERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sanders Oil Co. |
|---|---|
| Field | Levelland |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 63442 |
| Wellbores | 5 |
| Reported production | 167,689 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $952K |
Where SANDERS 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.