SANDERS, JUNE
SANDERS, JUNE is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Stephens, Autry C. It has 1 wellbore on file with the Commission. Reported production runs from October 1994 to August 2026, totalling 65,406 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 $622K, with roughly $119K 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 118 barrels a month. Its strongest month on the record we hold was June 2024, at 624 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, JUNE
- Who operates SANDERS, JUNE?
- SANDERS, JUNE is operated by Stephens, Autry C., Railroad Commission of Texas operator number 817550.
- Where is SANDERS, JUNE?
- SANDERS, JUNE is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34351.
- Is SANDERS, JUNE still producing?
- SANDERS, JUNE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDERS, JUNE is August 2026.
- How much has SANDERS, JUNE produced?
- SANDERS, JUNE has reported 65,406 barrels of oil (bbl) to the Railroad Commission of Texas between October 1994 and August 2026, from 1 wellbore.
- How much is SANDERS, JUNE worth?
- The remaining production from SANDERS, JUNE is estimated to be worth about $622K in total as of 27 August 2026, within a range of $485K to $759K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDERS, JUNE is a fraction of it. The estimate fits an Arps decline curve to the production SANDERS, JUNE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDERS, JUNE is an estimate of value, not an offer and not an appraisal.
- How much income does SANDERS, JUNE generate in a year?
- SANDERS, JUNE is forecast to net about $119K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SANDERS, JUNE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens, Autry C. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 34351 |
| Wellbores | 1 |
| Reported production | 65,406 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $622K |
Where SANDERS, JUNE 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.