SANDERS 5-44

SANDERS 5-44 is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Eratz Investments Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2000 to August 2026, totalling 14,986 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 $197, with roughly $25 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 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 135 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 5-44

Who operates SANDERS 5-44?
SANDERS 5-44 is operated by Eratz Investments Inc., Railroad Commission of Texas operator number 253336.
Where is SANDERS 5-44?
SANDERS 5-44 is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 181596.
Is SANDERS 5-44 still producing?
SANDERS 5-44 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SANDERS 5-44 is August 2026.
How much has SANDERS 5-44 produced?
SANDERS 5-44 has reported 14,986 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2000 and August 2026, from 1 wellbore.
How much is SANDERS 5-44 worth?
The remaining production from SANDERS 5-44 is estimated to be worth about $197 in total as of 27 August 2026, within a range of $0 to $395. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SANDERS 5-44 is a fraction of it. The estimate fits an Arps decline curve to the production SANDERS 5-44 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SANDERS 5-44 is an estimate of value, not an offer and not an appraisal.
How much income does SANDERS 5-44 generate in a year?
SANDERS 5-44 is forecast to net about $25 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SANDERS 5-44 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SANDERS 5-44 as filed with the Railroad Commission of Texas
OperatorEratz Investments Inc.
FieldKees (Ellenburger)
CountyPalo Pinto County, Texas
RRC district7B
Lease number181596
Wellbores1
Reported production14,986 mcf
First reported
Last reported
Estimated royalty value$197

Where SANDERS 5-44 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.