SEAT
SEAT is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Huber, J. M., Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 39,411 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 $235K, with roughly $38K 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 22 barrels a month. Its strongest month on the record we hold was May 2016, at 263 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 SEAT
- Who operates SEAT?
- SEAT is operated by Huber, J. M., Corporation, Railroad Commission of Texas operator number 408850.
- Where is SEAT?
- SEAT is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 12732.
- Is SEAT still producing?
- SEAT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEAT is August 2026.
- How much has SEAT produced?
- SEAT has reported 39,411 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SEAT worth?
- The remaining production from SEAT is estimated to be worth about $235K in total as of 26 August 2026, within a range of $129K to $340K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEAT is a fraction of it. The estimate fits an Arps decline curve to the production SEAT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEAT is an estimate of value, not an offer and not an appraisal.
- How much income does SEAT generate in a year?
- SEAT is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEAT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Huber, J. M., Corporation |
|---|---|
| Field | Big Mineral, Se. (V Sand) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 12732 |
| Wellbores | 1 |
| Reported production | 39,411 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $235K |
Where SEAT 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.