MOODY UNIT
MOODY UNIT is a Texas oil lease in Galveston County, Railroad Commission district 03, operated by Seneca Resources Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2000 to August 2026, totalling 158,498 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 $20K, with roughly $4K 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 7 barrels a month. Its strongest month on the record we hold was July 2016, at 158 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 MOODY UNIT
- Who operates MOODY UNIT?
- MOODY UNIT is operated by Seneca Resources Corporation, Railroad Commission of Texas operator number 767060.
- Where is MOODY UNIT?
- MOODY UNIT is a Texas oil lease in Galveston County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23833.
- Is MOODY UNIT still producing?
- MOODY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOODY UNIT is August 2026.
- How much has MOODY UNIT produced?
- MOODY UNIT has reported 158,498 barrels of oil (bbl) to the Railroad Commission of Texas between February 2000 and August 2026, from 1 wellbore.
- How much is MOODY UNIT worth?
- The remaining production from MOODY UNIT is estimated to be worth about $20K in total as of 27 August 2026, within a range of $0 to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOODY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MOODY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOODY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MOODY UNIT generate in a year?
- MOODY UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MOODY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seneca Resources Corporation |
|---|---|
| Field | Aquarium (S-1) |
| County | Galveston County, Texas |
| RRC district | 03 |
| Lease number | 23833 |
| Wellbores | 1 |
| Reported production | 158,498 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where MOODY UNIT 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.