1ST NATL. BANK OF SNYDER "B"
1ST NATL. BANK OF SNYDER "B" is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Seis, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 38,641 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 $278K, with roughly $54K 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 66 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was March 2017, at 278 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 1ST NATL. BANK OF SNYDER "B"
- Who operates 1ST NATL. BANK OF SNYDER "B"?
- 1ST NATL. BANK OF SNYDER "B" is operated by Seis, Inc., Railroad Commission of Texas operator number 763815.
- Where is 1ST NATL. BANK OF SNYDER "B"?
- 1ST NATL. BANK OF SNYDER "B" is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62854.
- Is 1ST NATL. BANK OF SNYDER "B" still producing?
- 1ST NATL. BANK OF SNYDER "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for 1ST NATL. BANK OF SNYDER "B" is August 2026.
- How much has 1ST NATL. BANK OF SNYDER "B" produced?
- 1ST NATL. BANK OF SNYDER "B" has reported 38,641 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is 1ST NATL. BANK OF SNYDER "B" worth?
- The remaining production from 1ST NATL. BANK OF SNYDER "B" is estimated to be worth about $278K in total as of 27 August 2026, within a range of $153K to $403K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in 1ST NATL. BANK OF SNYDER "B" is a fraction of it. The estimate fits an Arps decline curve to the production 1ST NATL. BANK OF SNYDER "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for 1ST NATL. BANK OF SNYDER "B" is an estimate of value, not an offer and not an appraisal.
- How much income does 1ST NATL. BANK OF SNYDER "B" generate in a year?
- 1ST NATL. BANK OF SNYDER "B" is forecast to net about $54K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in 1ST NATL. BANK OF SNYDER "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seis, Inc. |
|---|---|
| Field | Sharon Ridge (Clear Fork) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 62854 |
| Wellbores | 2 |
| Reported production | 38,641 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $278K |
Where 1ST NATL. BANK OF SNYDER "B" 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.