SEALY SMITH -77-A-
SEALY SMITH -77-A- is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Millwee Oil, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,600 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 $62K, with roughly $12K 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 18 barrels a month. Its strongest month on the record we hold was May 2018, at 64 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 SEALY SMITH -77-A-
- Who operates SEALY SMITH -77-A-?
- SEALY SMITH -77-A- is operated by Millwee Oil, Inc., Railroad Commission of Texas operator number 569339.
- Where is SEALY SMITH -77-A-?
- SEALY SMITH -77-A- is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 16257.
- Is SEALY SMITH -77-A- still producing?
- SEALY SMITH -77-A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEALY SMITH -77-A- is August 2026.
- How much has SEALY SMITH -77-A- produced?
- SEALY SMITH -77-A- has reported 9,600 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SEALY SMITH -77-A- worth?
- The remaining production from SEALY SMITH -77-A- is estimated to be worth about $62K in total as of 27 August 2026, within a range of $34K to $90K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEALY SMITH -77-A- is a fraction of it. The estimate fits an Arps decline curve to the production SEALY SMITH -77-A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEALY SMITH -77-A- is an estimate of value, not an offer and not an appraisal.
- How much income does SEALY SMITH -77-A- generate in a year?
- SEALY SMITH -77-A- is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SEALY SMITH -77-A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Millwee Oil, Inc. |
|---|---|
| Field | Monahans (Queen Sand) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 16257 |
| Wellbores | 1 |
| Reported production | 9,600 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $62K |
Where SEALY SMITH -77-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.