SEM NS 14-23 01
SEM NS 14-23 01 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 492,935 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 $1.2M, with roughly $183K 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 159 barrels a month, about 80 per wellbore. Its strongest month on the record we hold was February 2018, at 43,671 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SEM NS 14-23 01
- Who operates SEM NS 14-23 01?
- SEM NS 14-23 01 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is SEM NS 14-23 01?
- SEM NS 14-23 01 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50349.
- Is SEM NS 14-23 01 still producing?
- SEM NS 14-23 01 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEM NS 14-23 01 is August 2026.
- How much has SEM NS 14-23 01 produced?
- SEM NS 14-23 01 has reported 492,935 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 2 wellbores.
- How much is SEM NS 14-23 01 worth?
- The remaining production from SEM NS 14-23 01 is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $929K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEM NS 14-23 01 is a fraction of it. The estimate fits an Arps decline curve to the production SEM NS 14-23 01 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEM NS 14-23 01 is an estimate of value, not an offer and not an appraisal.
- How much income does SEM NS 14-23 01 generate in a year?
- SEM NS 14-23 01 is forecast to net about $183K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SEM NS 14-23 01 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 50349 |
| Wellbores | 2 |
| Reported production | 492,935 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where SEM NS 14-23 01 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.