SASSAFRAS 55-1-24 UNIT
SASSAFRAS 55-1-24 UNIT is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2017 to August 2026, totalling 2,707,690 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 $3.7M, with roughly $1.1M 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 7,779 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 113,907 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 SASSAFRAS 55-1-24 UNIT
- Who operates SASSAFRAS 55-1-24 UNIT?
- SASSAFRAS 55-1-24 UNIT is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is SASSAFRAS 55-1-24 UNIT?
- SASSAFRAS 55-1-24 UNIT is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283753.
- Is SASSAFRAS 55-1-24 UNIT still producing?
- SASSAFRAS 55-1-24 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SASSAFRAS 55-1-24 UNIT is August 2026.
- How much has SASSAFRAS 55-1-24 UNIT produced?
- SASSAFRAS 55-1-24 UNIT has reported 2,707,690 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2017 and August 2026, from 1 wellbore.
- How much is SASSAFRAS 55-1-24 UNIT worth?
- The remaining production from SASSAFRAS 55-1-24 UNIT is estimated to be worth about $3.7M in total as of 27 August 2026, within a range of $3.0M to $4.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SASSAFRAS 55-1-24 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SASSAFRAS 55-1-24 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SASSAFRAS 55-1-24 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SASSAFRAS 55-1-24 UNIT generate in a year?
- SASSAFRAS 55-1-24 UNIT is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SASSAFRAS 55-1-24 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 283753 |
| Wellbores | 1 |
| Reported production | 2,707,690 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where SASSAFRAS 55-1-24 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.