SEALEY, MAY
SEALEY, MAY is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 1996 to August 2026, totalling 918,635 thousand cubic feet. 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 $57K, with roughly $13K 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 422 thousand cubic feet a month. Its strongest month on the record we hold was May 2024, at 3,638 thousand cubic feet. 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 SEALEY, MAY
- Who operates SEALEY, MAY?
- SEALEY, MAY is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is SEALEY, MAY?
- SEALEY, MAY is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 159523.
- Is SEALEY, MAY still producing?
- SEALEY, MAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEALEY, MAY is August 2026.
- How much has SEALEY, MAY produced?
- SEALEY, MAY has reported 918,635 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1996 and August 2026, from 1 wellbore.
- How much is SEALEY, MAY worth?
- The remaining production from SEALEY, MAY is estimated to be worth about $57K in total as of 26 August 2026, within a range of $45K to $70K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEALEY, MAY is a fraction of it. The estimate fits an Arps decline curve to the production SEALEY, MAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEALEY, MAY is an estimate of value, not an offer and not an appraisal.
- How much income does SEALEY, MAY generate in a year?
- SEALEY, MAY is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEALEY, MAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 159523 |
| Wellbores | 1 |
| Reported production | 918,635 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $57K |
Where SEALEY, MAY 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.