SEQUOIA
SEQUOIA is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Driftwood Energy Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 463,328 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 $3.7M, with roughly $1.1M 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 1,756 barrels a month. Its strongest month on the record we hold was November 2018, at 27,727 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SEQUOIA
- Who operates SEQUOIA?
- SEQUOIA is operated by Driftwood Energy Operating, LLC, Railroad Commission of Texas operator number 228187.
- Where is SEQUOIA?
- SEQUOIA is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20251.
- Is SEQUOIA still producing?
- SEQUOIA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEQUOIA is August 2026.
- How much has SEQUOIA produced?
- SEQUOIA has reported 463,328 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is SEQUOIA worth?
- The remaining production from SEQUOIA is estimated to be worth about $3.7M in total as of 27 August 2026, within a range of $3.1M to $4.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEQUOIA is a fraction of it. The estimate fits an Arps decline curve to the production SEQUOIA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEQUOIA is an estimate of value, not an offer and not an appraisal.
- How much income does SEQUOIA generate in a year?
- SEQUOIA is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SEQUOIA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Driftwood Energy Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 20251 |
| Wellbores | 1 |
| Reported production | 463,328 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where SEQUOIA 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.