SEALY SMITH FOUNDATION
SEALY SMITH FOUNDATION is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Millwee Oil, Inc. It has 32 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 402,217 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 $929K, with roughly $210K 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 339 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was January 2017, at 1,394 barrels. 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 SEALY SMITH FOUNDATION
- Who operates SEALY SMITH FOUNDATION?
- SEALY SMITH FOUNDATION is operated by Millwee Oil, Inc., Railroad Commission of Texas operator number 569339.
- Where is SEALY SMITH FOUNDATION?
- SEALY SMITH FOUNDATION is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 14727.
- Is SEALY SMITH FOUNDATION still producing?
- SEALY SMITH FOUNDATION is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEALY SMITH FOUNDATION is August 2026.
- How much has SEALY SMITH FOUNDATION produced?
- SEALY SMITH FOUNDATION has reported 402,217 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 32 wellbores.
- How much is SEALY SMITH FOUNDATION worth?
- The remaining production from SEALY SMITH FOUNDATION is estimated to be worth about $929K in total as of 26 August 2026, within a range of $725K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEALY SMITH FOUNDATION is a fraction of it. The estimate fits an Arps decline curve to the production SEALY SMITH FOUNDATION has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEALY SMITH FOUNDATION is an estimate of value, not an offer and not an appraisal.
- How much income does SEALY SMITH FOUNDATION generate in a year?
- SEALY SMITH FOUNDATION is forecast to net about $210K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEALY SMITH FOUNDATION 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 | 14727 |
| Wellbores | 32 |
| Reported production | 402,217 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $929K |
Where SEALY SMITH FOUNDATION 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.