SETH
SETH is a Texas oil lease in Moore County, Railroad Commission district 10, operated by T & R Investments, Inc. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 49,301 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 $104K, with roughly $15K 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 4 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was May 2019, at 118 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SETH
- Who operates SETH?
- SETH is operated by T & R Investments, Inc., Railroad Commission of Texas operator number 834147.
- Where is SETH?
- SETH is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 05731.
- Is SETH still producing?
- SETH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SETH is August 2026.
- How much has SETH produced?
- SETH has reported 49,301 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is SETH worth?
- The remaining production from SETH is estimated to be worth about $104K in total as of 26 August 2026, within a range of $0 to $207K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SETH is a fraction of it. The estimate fits an Arps decline curve to the production SETH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SETH is an estimate of value, not an offer and not an appraisal.
- How much income does SETH generate in a year?
- SETH is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SETH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | T & R Investments, Inc. |
|---|---|
| Field | Panhandle Moore County Field |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 05731 |
| Wellbores | 6 |
| Reported production | 49,301 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $104K |
Where SETH 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.