Texas oil lease

Shut in

SANDERS FARM

Name: SANDERS FARM monthly oil and gas production, Milam County, Texas
Creator: Texas Railroad Commission

Sanders Farm is an oil lease in Milam County, Texas, operated by Ernest Operating Company in the Minerva-Rockdale field.

9 wells

48bbl oil, last 12 months−38% vs prior year

Operator: Ernest Operating Company
County: Milam County
Field: Minerva-Rockdale
RRC lease: 01-07069

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Where it sits

This county

Milam County

Oil in Jul 2026: 0 bbl
Reporting since: Jan 2020

Production by month

Oil output fell 38% over the last 12 months

Oil (bars)
Last 12 months

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

9 wells on this lease

Wells on SANDERS FARM
API number	Well no.	Status
42-331-30945	1	Active
42-331-30946	2	Active
42-331-30947	3	Active
42-331-30948	4	Active
42-331-31001	6	Active
42-331-31002	5	Shut-in
42-331-31344	8	Active
42-331-31345	7	Active
42-331-31456	9	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From	Until
Energy Transfer Marketing & Term	Oil	Gathers	100	Dec 1, 2022	–
Sunoco Ptnrs. Mktg.&terminals LP	Oil	Gathers	100	Jun 1, 2014	Dec 1, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

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126 acres on the newest permit

Good to know
The wells on this lease state different acreage
The permits state between 126 and 127 acres. Use the acres from your own division order for the well you are paid on.
Good to know
9 wells are listed on this lease
Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

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Permits for Sanders Farm
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-331-31456	9	Aug 19, 1982	Sep 20, 1982	126	Vertical
42-331-31344	8	Apr 5, 1982	May 15, 1982	126	Vertical
42-331-31345	7	Apr 5, 1982	May 20, 1982	126	Vertical
42-331-31001	6	Dec 30, 1980	Oct 20, 1981	127	Vertical
42-331-31002	5	Dec 30, 1980	Aug 30, 1981	127	Vertical
42-331-30945	1	Oct 22, 1980	Jan 10, 1981	127	Vertical
42-331-30946	2	Oct 22, 1980	Jan 10, 1981	127	Vertical
42-331-30947	3	Oct 22, 1980	Jan 11, 1981	127	Vertical
42-331-30948	4	Oct 22, 1980	Jan 11, 1981	127	Vertical

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for SANDERS FARM
Month	Oil producedbbl	Oil soldbbl	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	0	5	$80.46	$2.89
Jun 2026	0	5	$84.81	$3.15
May 2026	0	5	$102.13	$2.94
Apr 2026	0	159	$100.32	$2.77
Mar 2026	0	0	$91.38	$3.04
Feb 2026	0	0	$64.51	$3.62
Jan 2026	0	0	$60.04	$7.72
Dec 2025	0	0	$57.97	$4.26
Nov 2025	6	0	$60.06	$3.79
Oct 2025	0	0	$60.89	$3.19
Sep 2025	23	0	$63.96	$2.97
Aug 2025	19	0	$64.86	$2.91
Jul 2025	0	0	$68.39	$3.20
Jun 2025	4	0	$68.17	$3.02
May 2025	18	0	$62.17	$3.12
Apr 2025	16	0	$63.54	$3.42
Mar 2025	15	0	$68.24	$4.12
Feb 2025	7	0	$71.53	$4.19
Jan 2025	7	0	$75.74	$4.13
Dec 2024	8	0	$70.12	$3.01
Nov 2024	0	178	$69.95	$2.12
Oct 2024	2	0	$71.99	$2.20
Sep 2024	0	0	$70.24	$2.28
Aug 2024	0	0	$76.68	$1.99
Jul 2024	6	0	$81.80	$2.07
Jun 2024	9	0	$79.77	$2.54
May 2024	0	0	$80.02	$2.12
Apr 2024	2	0	$85.35	$1.60
Mar 2024	21	0	$81.28	$1.49
Feb 2024	12	0	$77.25	$1.72
Jan 2024	3	0	$74.15	$3.18
Dec 2023	11	0	$71.90	$2.52
Nov 2023	24	0	$77.69	$2.71
Oct 2023	44	0	$85.64	$2.98
Sep 2023	7	0	$89.43	$2.64
Aug 2023	20	174	$81.39	$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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