SAU 32-2A
SAU 32-2A is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Mariner Energy, Inc. It has 6 wellbores on file with the Commission. Reported production runs from May 2003 to August 2026, totalling 134,755 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 $236K, with roughly $40K 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 43 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was July 2016, at 543 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SAU 32-2A
- Who operates SAU 32-2A?
- SAU 32-2A is operated by Mariner Energy, Inc., Railroad Commission of Texas operator number 526155.
- Where is SAU 32-2A?
- SAU 32-2A is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15407.
- Is SAU 32-2A still producing?
- SAU 32-2A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SAU 32-2A is August 2026.
- How much has SAU 32-2A produced?
- SAU 32-2A has reported 134,755 barrels of oil (bbl) to the Railroad Commission of Texas between May 2003 and August 2026, from 6 wellbores.
- How much is SAU 32-2A worth?
- The remaining production from SAU 32-2A is estimated to be worth about $236K in total as of 27 August 2026, within a range of $130K to $343K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAU 32-2A is a fraction of it. The estimate fits an Arps decline curve to the production SAU 32-2A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAU 32-2A is an estimate of value, not an offer and not an appraisal.
- How much income does SAU 32-2A generate in a year?
- SAU 32-2A is forecast to net about $40K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SAU 32-2A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mariner Energy, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 15407 |
| Wellbores | 6 |
| Reported production | 134,755 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $236K |
Where SAU 32-2A 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.