WORLEY POLYMER
WORLEY POLYMER is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Seagull Midcon Inc. It has 60 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 210,235 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 $359K, with roughly $61K 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 60 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was September 2017, at 954 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 WORLEY POLYMER
- Who operates WORLEY POLYMER?
- WORLEY POLYMER is operated by Seagull Midcon Inc., Railroad Commission of Texas operator number 761707.
- Where is WORLEY POLYMER?
- WORLEY POLYMER is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 04716.
- Is WORLEY POLYMER still producing?
- WORLEY POLYMER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WORLEY POLYMER is August 2026.
- How much has WORLEY POLYMER produced?
- WORLEY POLYMER has reported 210,235 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 60 wellbores.
- How much is WORLEY POLYMER worth?
- The remaining production from WORLEY POLYMER is estimated to be worth about $359K in total as of 26 August 2026, within a range of $198K to $521K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WORLEY POLYMER is a fraction of it. The estimate fits an Arps decline curve to the production WORLEY POLYMER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WORLEY POLYMER is an estimate of value, not an offer and not an appraisal.
- How much income does WORLEY POLYMER generate in a year?
- WORLEY POLYMER is forecast to net about $61K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WORLEY POLYMER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seagull Midcon Inc. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 04716 |
| Wellbores | 60 |
| Reported production | 210,235 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $359K |
Where WORLEY POLYMER 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.