SEARS 'B'
SEARS 'B' 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 July 2020 to August 2026, totalling 28,930 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 $864K, with roughly $215K 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 317 barrels a month. Its strongest month on the record we hold was September 2020, at 1,446 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 'B'
- Who operates SEARS 'B'?
- SEARS 'B' is operated by Sojourner Drilling Corporation, Railroad Commission of Texas operator number 800750.
- Where is SEARS 'B'?
- SEARS 'B' is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32461.
- Is SEARS 'B' still producing?
- SEARS 'B' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEARS 'B' is August 2026.
- How much has SEARS 'B' produced?
- SEARS 'B' has reported 28,930 barrels of oil (bbl) to the Railroad Commission of Texas between July 2020 and August 2026, from 1 wellbore.
- How much is SEARS 'B' worth?
- The remaining production from SEARS 'B' is estimated to be worth about $864K in total as of 26 August 2026, within a range of $674K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEARS 'B' is a fraction of it. The estimate fits an Arps decline curve to the production SEARS 'B' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEARS 'B' is an estimate of value, not an offer and not an appraisal.
- How much income does SEARS 'B' generate in a year?
- SEARS 'B' is forecast to net about $215K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEARS 'B' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sojourner Drilling Corporation |
|---|---|
| Field | Noodlekirk (Ellenburger) |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 32461 |
| Wellbores | 1 |
| Reported production | 28,930 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $864K |
Where SEARS 'B' 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.