CHAMBERS "B"
CHAMBERS "B" is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Seagull Midcon Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 39,380 barrels. The lease is intermittent. 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 $250K, with roughly $32K 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 2 barrels a month. Its strongest month on the record we hold was September 2018, at 56 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 CHAMBERS "B"
- Who operates CHAMBERS "B"?
- CHAMBERS "B" is operated by Seagull Midcon Inc., Railroad Commission of Texas operator number 761707.
- Where is CHAMBERS "B"?
- CHAMBERS "B" is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 05927.
- Is CHAMBERS "B" still producing?
- CHAMBERS "B" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CHAMBERS "B" is August 2026.
- How much has CHAMBERS "B" produced?
- CHAMBERS "B" has reported 39,380 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is CHAMBERS "B" worth?
- The remaining production from CHAMBERS "B" is estimated to be worth about $250K in total as of 26 August 2026, within a range of $0 to $500K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHAMBERS "B" is a fraction of it. The estimate fits an Arps decline curve to the production CHAMBERS "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHAMBERS "B" is an estimate of value, not an offer and not an appraisal.
- How much income does CHAMBERS "B" generate in a year?
- CHAMBERS "B" is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHAMBERS "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seagull Midcon Inc. |
|---|---|
| Field | Mendota, NW. (Granite Wash, SW.) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 05927 |
| Wellbores | 4 |
| Reported production | 39,380 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $250K |
Where CHAMBERS "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.