SETH
SETH is a Texas oil lease in Moore County, Railroad Commission district 10, operated by Taylor, Gordon Oil Company. It has 16 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 59,839 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 $816K, with roughly $117K 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 47 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was March 2022, at 124 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 SETH
- Who operates SETH?
- SETH is operated by Taylor, Gordon Oil Company, Railroad Commission of Texas operator number 837700.
- Where is SETH?
- SETH is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 05843.
- Is SETH still producing?
- SETH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SETH is August 2026.
- How much has SETH produced?
- SETH has reported 59,839 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 16 wellbores.
- How much is SETH worth?
- The remaining production from SETH is estimated to be worth about $816K in total as of 27 August 2026, within a range of $449K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SETH is a fraction of it. The estimate fits an Arps decline curve to the production SETH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SETH is an estimate of value, not an offer and not an appraisal.
- How much income does SETH generate in a year?
- SETH is forecast to net about $117K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SETH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Taylor, Gordon Oil Company |
|---|---|
| Field | Panhandle Moore County Field |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 05843 |
| Wellbores | 16 |
| Reported production | 59,839 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $816K |
Where SETH 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.