CRANDALL RANCH A
CRANDALL RANCH A is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Sage Natural Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 1,080,777 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 $1.6M, with roughly $365K 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 16,480 thousand cubic feet a month. Its strongest month on the record we hold was December 2024, at 138,264 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CRANDALL RANCH A
- Who operates CRANDALL RANCH A?
- CRANDALL RANCH A is operated by Sage Natural Resources LLC, Railroad Commission of Texas operator number 743223.
- Where is CRANDALL RANCH A?
- CRANDALL RANCH A is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 294813.
- Is CRANDALL RANCH A still producing?
- CRANDALL RANCH A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRANDALL RANCH A is August 2026.
- How much has CRANDALL RANCH A produced?
- CRANDALL RANCH A has reported 1,080,777 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is CRANDALL RANCH A worth?
- The remaining production from CRANDALL RANCH A is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.3M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRANDALL RANCH A is a fraction of it. The estimate fits an Arps decline curve to the production CRANDALL RANCH A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRANDALL RANCH A is an estimate of value, not an offer and not an appraisal.
- How much income does CRANDALL RANCH A generate in a year?
- CRANDALL RANCH A is forecast to net about $365K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRANDALL RANCH A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sage Natural Resources LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 294813 |
| Wellbores | 1 |
| Reported production | 1,080,777 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where CRANDALL RANCH A 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.