SEALY SMITH
SEALY SMITH is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Millwee Oil, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,264 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 $97K, with roughly $19K 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 14 barrels a month. Its strongest month on the record we hold was August 2024, at 83 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 SMITH
- Who operates SEALY SMITH?
- SEALY SMITH is operated by Millwee Oil, Inc., Railroad Commission of Texas operator number 569339.
- Where is SEALY SMITH?
- SEALY SMITH is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28960.
- Is SEALY SMITH still producing?
- SEALY SMITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEALY SMITH is August 2026.
- How much has SEALY SMITH produced?
- SEALY SMITH has reported 10,264 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SEALY SMITH worth?
- The remaining production from SEALY SMITH is estimated to be worth about $97K in total as of 26 August 2026, within a range of $54K to $141K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEALY SMITH is a fraction of it. The estimate fits an Arps decline curve to the production SEALY SMITH 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 is an estimate of value, not an offer and not an appraisal.
- How much income does SEALY SMITH generate in a year?
- SEALY SMITH is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEALY SMITH 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 | 28960 |
| Wellbores | 1 |
| Reported production | 10,264 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $97K |
Where SEALY SMITH 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.