SEARS, ALEX
SEARS, ALEX is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Anderson, James K. Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 1998 to August 2026, totalling 77,984 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 $20K, with roughly $4K 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 18 barrels a month. Its strongest month on the record we hold was July 2018, at 157 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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, ALEX
- Who operates SEARS, ALEX?
- SEARS, ALEX is operated by Anderson, James K. Inc., Railroad Commission of Texas operator number 022275.
- Where is SEARS, ALEX?
- SEARS, ALEX is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 28398.
- Is SEARS, ALEX still producing?
- SEARS, ALEX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEARS, ALEX is August 2026.
- How much has SEARS, ALEX produced?
- SEARS, ALEX has reported 77,984 barrels of oil (bbl) to the Railroad Commission of Texas between February 1998 and August 2026, from 1 wellbore.
- How much is SEARS, ALEX worth?
- The remaining production from SEARS, ALEX is estimated to be worth about $20K in total as of 26 August 2026, within a range of $11K to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEARS, ALEX is a fraction of it. The estimate fits an Arps decline curve to the production SEARS, ALEX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEARS, ALEX is an estimate of value, not an offer and not an appraisal.
- How much income does SEARS, ALEX generate in a year?
- SEARS, ALEX is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEARS, ALEX receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anderson, James K. Inc. |
|---|---|
| Field | E.J. North (Flippen) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 28398 |
| Wellbores | 1 |
| Reported production | 77,984 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where SEARS, ALEX 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.