SITZES, ROBERT GENE
SITZES, ROBERT GENE is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Seitz, J. R. & Adam. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,162 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 $102K, with roughly $20K 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 29 barrels a month. Its strongest month on the record we hold was July 2023, at 69 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 SITZES, ROBERT GENE
- Who operates SITZES, ROBERT GENE?
- SITZES, ROBERT GENE is operated by Seitz, J. R. & Adam, Railroad Commission of Texas operator number 764660.
- Where is SITZES, ROBERT GENE?
- SITZES, ROBERT GENE is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 15870.
- Is SITZES, ROBERT GENE still producing?
- SITZES, ROBERT GENE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SITZES, ROBERT GENE is August 2026.
- How much has SITZES, ROBERT GENE produced?
- SITZES, ROBERT GENE has reported 9,162 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SITZES, ROBERT GENE worth?
- The remaining production from SITZES, ROBERT GENE is estimated to be worth about $102K in total as of 26 August 2026, within a range of $56K to $148K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SITZES, ROBERT GENE is a fraction of it. The estimate fits an Arps decline curve to the production SITZES, ROBERT GENE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SITZES, ROBERT GENE is an estimate of value, not an offer and not an appraisal.
- How much income does SITZES, ROBERT GENE generate in a year?
- SITZES, ROBERT GENE is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SITZES, ROBERT GENE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seitz, J. R. & Adam |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 15870 |
| Wellbores | 1 |
| Reported production | 9,162 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $102K |
Where SITZES, ROBERT GENE 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.