SEALE
SEALE is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Royal American Oil & Gas. It has 2 wellbores on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 55,523 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 $2.4M, with roughly $552K 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 775 barrels a month, about 387 per wellbore. Its strongest month on the record we hold was August 2021, at 1,480 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 SEALE
- Who operates SEALE?
- SEALE is operated by Royal American Oil & Gas, Railroad Commission of Texas operator number 731770.
- Where is SEALE?
- SEALE is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70241.
- Is SEALE still producing?
- SEALE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEALE is August 2026.
- How much has SEALE produced?
- SEALE has reported 55,523 barrels of oil (bbl) to the Railroad Commission of Texas between April 2014 and August 2026, from 2 wellbores.
- How much is SEALE worth?
- The remaining production from SEALE is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $1.8M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEALE is a fraction of it. The estimate fits an Arps decline curve to the production SEALE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEALE is an estimate of value, not an offer and not an appraisal.
- How much income does SEALE generate in a year?
- SEALE is forecast to net about $552K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEALE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Royal American Oil & Gas |
|---|---|
| Field | Sims, Southwest (San Andres) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 70241 |
| Wellbores | 2 |
| Reported production | 55,523 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where SEALE 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.