SANDY UNIT
SANDY UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Browning Oil Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 233,054 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 $153K, with roughly $29K 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 56 barrels a month. Its strongest month on the record we hold was October 2017, at 536 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 SANDY UNIT
- Who operates SANDY UNIT?
- SANDY UNIT is operated by Browning Oil Company, Inc., Railroad Commission of Texas operator number 103088.
- Where is SANDY UNIT?
- SANDY UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 11992.
- Is SANDY UNIT still producing?
- SANDY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDY UNIT is August 2026.
- How much has SANDY UNIT produced?
- SANDY UNIT has reported 233,054 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SANDY UNIT worth?
- The remaining production from SANDY UNIT is estimated to be worth about $153K in total as of 26 August 2026, within a range of $84K to $222K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SANDY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SANDY UNIT generate in a year?
- SANDY UNIT is forecast to net about $29K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SANDY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Browning Oil Company, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 11992 |
| Wellbores | 1 |
| Reported production | 233,054 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $153K |
Where SANDY 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.