MOODY ESTATE TRUSTEE
MOODY ESTATE TRUSTEE is a Texas oil lease in Galveston County, Railroad Commission district 03, operated by Seneca Resources Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to June 2026, totalling 491,520 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 $1.3M, with roughly $309K 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 414 barrels a month, about 207 per wellbore. Its strongest month on the record we hold was September 2016, at 1,158 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 MOODY ESTATE TRUSTEE
- Who operates MOODY ESTATE TRUSTEE?
- MOODY ESTATE TRUSTEE is operated by Seneca Resources Corporation, Railroad Commission of Texas operator number 767060.
- Where is MOODY ESTATE TRUSTEE?
- MOODY ESTATE TRUSTEE is a Texas oil lease in Galveston County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21166.
- Is MOODY ESTATE TRUSTEE still producing?
- MOODY ESTATE TRUSTEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOODY ESTATE TRUSTEE is June 2026.
- How much has MOODY ESTATE TRUSTEE produced?
- MOODY ESTATE TRUSTEE has reported 491,520 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and June 2026, from 2 wellbores.
- How much is MOODY ESTATE TRUSTEE worth?
- The remaining production from MOODY ESTATE TRUSTEE is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOODY ESTATE TRUSTEE is a fraction of it. The estimate fits an Arps decline curve to the production MOODY ESTATE TRUSTEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOODY ESTATE TRUSTEE is an estimate of value, not an offer and not an appraisal.
- How much income does MOODY ESTATE TRUSTEE generate in a year?
- MOODY ESTATE TRUSTEE is forecast to net about $309K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MOODY ESTATE TRUSTEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seneca Resources Corporation |
|---|---|
| Field | Sweetwater Lake (S-1) |
| County | Galveston County, Texas |
| RRC district | 03 |
| Lease number | 21166 |
| Wellbores | 2 |
| Reported production | 491,520 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where MOODY ESTATE TRUSTEE 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.