SARANDOS
SARANDOS is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Palmer Petroleum Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2004 to August 2026, totalling 654,183 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 $161K, with roughly $25K 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 1,213 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 2,930 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 SARANDOS
- Who operates SARANDOS?
- SARANDOS is operated by Palmer Petroleum Inc., Railroad Commission of Texas operator number 636222.
- Where is SARANDOS?
- SARANDOS is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 205020.
- Is SARANDOS still producing?
- SARANDOS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SARANDOS is August 2026.
- How much has SARANDOS produced?
- SARANDOS has reported 654,183 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2004 and August 2026, from 1 wellbore.
- How much is SARANDOS worth?
- The remaining production from SARANDOS is estimated to be worth about $161K in total as of 26 August 2026, within a range of $134K to $188K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SARANDOS is a fraction of it. The estimate fits an Arps decline curve to the production SARANDOS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SARANDOS is an estimate of value, not an offer and not an appraisal.
- How much income does SARANDOS generate in a year?
- SARANDOS is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SARANDOS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Palmer Petroleum Inc. |
|---|---|
| Field | Bear Grass (Pettit) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 205020 |
| Wellbores | 1 |
| Reported production | 654,183 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $161K |
Where SARANDOS 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.