SEALY FOUNDATION -G-
SEALY FOUNDATION -G- is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Millwee Oil, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 15,134 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 $62K, with roughly $12K 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 20 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was March 2021, at 46 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 SEALY FOUNDATION -G-
- Who operates SEALY FOUNDATION -G-?
- SEALY FOUNDATION -G- is operated by Millwee Oil, Inc., Railroad Commission of Texas operator number 569339.
- Where is SEALY FOUNDATION -G-?
- SEALY FOUNDATION -G- is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 21118.
- Is SEALY FOUNDATION -G- still producing?
- SEALY FOUNDATION -G- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEALY FOUNDATION -G- is August 2026.
- How much has SEALY FOUNDATION -G- produced?
- SEALY FOUNDATION -G- has reported 15,134 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is SEALY FOUNDATION -G- worth?
- The remaining production from SEALY FOUNDATION -G- is estimated to be worth about $62K in total as of 26 August 2026, within a range of $34K to $90K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEALY FOUNDATION -G- is a fraction of it. The estimate fits an Arps decline curve to the production SEALY FOUNDATION -G- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEALY FOUNDATION -G- is an estimate of value, not an offer and not an appraisal.
- How much income does SEALY FOUNDATION -G- generate in a year?
- SEALY FOUNDATION -G- is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEALY FOUNDATION -G- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Millwee Oil, Inc. |
|---|---|
| Field | Monahans (Queen Sand) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 21118 |
| Wellbores | 3 |
| Reported production | 15,134 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $62K |
Where SEALY FOUNDATION -G- 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.