SAND FLAT UNIT
SAND FLAT UNIT is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Texaco E & P Inc. It has 58 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,522,793 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 $22.9M, with roughly $5.2M 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 7,845 barrels a month, about 135 per wellbore. Its strongest month on the record we hold was August 2024, at 9,848 barrels. 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 SAND FLAT UNIT
- Who operates SAND FLAT UNIT?
- SAND FLAT UNIT is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is SAND FLAT UNIT?
- SAND FLAT UNIT is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 04884.
- Is SAND FLAT UNIT still producing?
- SAND FLAT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SAND FLAT UNIT is August 2026.
- How much has SAND FLAT UNIT produced?
- SAND FLAT UNIT has reported 5,522,793 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 58 wellbores.
- How much is SAND FLAT UNIT worth?
- The remaining production from SAND FLAT UNIT is estimated to be worth about $22.9M in total as of 27 August 2026, within a range of $19.0M to $26.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAND FLAT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SAND FLAT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAND FLAT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SAND FLAT UNIT generate in a year?
- SAND FLAT UNIT is forecast to net about $5.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SAND FLAT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Sand Flat |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 04884 |
| Wellbores | 58 |
| Reported production | 5,522,793 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $22.9M |
Where SAND FLAT 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.