SEBESTA
SEBESTA is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Ernest Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2016 to August 2026, totalling 1,766 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 $33K, with roughly $6K 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 8 barrels a month. Its strongest month on the record we hold was January 2020, at 73 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SEBESTA
- Who operates SEBESTA?
- SEBESTA is operated by Ernest Operating Company, Railroad Commission of Texas operator number 253480.
- Where is SEBESTA?
- SEBESTA is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26929.
- Is SEBESTA still producing?
- SEBESTA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEBESTA is August 2026.
- How much has SEBESTA produced?
- SEBESTA has reported 1,766 barrels of oil (bbl) to the Railroad Commission of Texas between February 2016 and August 2026, from 1 wellbore.
- How much is SEBESTA worth?
- The remaining production from SEBESTA is estimated to be worth about $33K in total as of 26 August 2026, within a range of $0 to $66K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEBESTA is a fraction of it. The estimate fits an Arps decline curve to the production SEBESTA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEBESTA is an estimate of value, not an offer and not an appraisal.
- How much income does SEBESTA generate in a year?
- SEBESTA is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEBESTA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ernest Operating Company |
|---|---|
| Field | Hooker Creek (Navarro A) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 26929 |
| Wellbores | 1 |
| Reported production | 1,766 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where SEBESTA 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.