SEARS -A-
SEARS -A- is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Sojourner Drilling Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 22,183 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 $565K, with roughly $109K 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 169 barrels a month. Its strongest month on the record we hold was March 2024, at 306 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 SEARS -A-
- Who operates SEARS -A-?
- SEARS -A- is operated by Sojourner Drilling Corporation, Railroad Commission of Texas operator number 800750.
- Where is SEARS -A-?
- SEARS -A- is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31312.
- Is SEARS -A- still producing?
- SEARS -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEARS -A- is August 2026.
- How much has SEARS -A- produced?
- SEARS -A- has reported 22,183 barrels of oil (bbl) to the Railroad Commission of Texas between October 2013 and August 2026, from 1 wellbore.
- How much is SEARS -A- worth?
- The remaining production from SEARS -A- is estimated to be worth about $565K in total as of 26 August 2026, within a range of $441K to $689K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEARS -A- is a fraction of it. The estimate fits an Arps decline curve to the production SEARS -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEARS -A- is an estimate of value, not an offer and not an appraisal.
- How much income does SEARS -A- generate in a year?
- SEARS -A- is forecast to net about $109K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEARS -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sojourner Drilling Corporation |
|---|---|
| Field | Jones County Regular |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 31312 |
| Wellbores | 1 |
| Reported production | 22,183 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $565K |
Where SEARS -A- 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.