SANGER HEIRS 392
SANGER HEIRS 392 is a Texas gas lease in Live Oak County, Railroad Commission district 02, operated by Hanson Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 336,783 thousand cubic feet. The lease is intermittent. 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 $27K, with roughly $3K 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 158 thousand cubic feet a month. Its strongest month on the record we hold was February 2021, at 1,251 thousand cubic feet. 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 SANGER HEIRS 392
- Who operates SANGER HEIRS 392?
- SANGER HEIRS 392 is operated by Hanson Production Company, Railroad Commission of Texas operator number 355500.
- Where is SANGER HEIRS 392?
- SANGER HEIRS 392 is a Texas gas lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 114492.
- Is SANGER HEIRS 392 still producing?
- SANGER HEIRS 392 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SANGER HEIRS 392 is August 2026.
- How much has SANGER HEIRS 392 produced?
- SANGER HEIRS 392 has reported 336,783 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SANGER HEIRS 392 worth?
- The remaining production from SANGER HEIRS 392 is estimated to be worth about $27K in total as of 27 August 2026, within a range of $21K to $33K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANGER HEIRS 392 is a fraction of it. The estimate fits an Arps decline curve to the production SANGER HEIRS 392 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANGER HEIRS 392 is an estimate of value, not an offer and not an appraisal.
- How much income does SANGER HEIRS 392 generate in a year?
- SANGER HEIRS 392 is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SANGER HEIRS 392 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hanson Production Company |
|---|---|
| Field | Sanger, South (2ND Tom Lyne) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 114492 |
| Wellbores | 1 |
| Reported production | 336,783 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $27K |
Where SANGER HEIRS 392 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.