SMITH, SEALY
SMITH, SEALY is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Kern Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 113,320 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 $628K, with roughly $121K 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 165 barrels a month, about 82 per wellbore. Its strongest month on the record we hold was October 2016, at 340 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 SMITH, SEALY
- Who operates SMITH, SEALY?
- SMITH, SEALY is operated by Kern Co., Railroad Commission of Texas operator number 457510.
- Where is SMITH, SEALY?
- SMITH, SEALY is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 23947.
- Is SMITH, SEALY still producing?
- SMITH, SEALY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, SEALY is August 2026.
- How much has SMITH, SEALY produced?
- SMITH, SEALY has reported 113,320 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SMITH, SEALY worth?
- The remaining production from SMITH, SEALY is estimated to be worth about $628K in total as of 26 August 2026, within a range of $490K to $767K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, SEALY is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, SEALY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, SEALY is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, SEALY generate in a year?
- SMITH, SEALY is forecast to net about $121K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, SEALY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kern Co. |
|---|---|
| Field | C & M (Queen) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 23947 |
| Wellbores | 2 |
| Reported production | 113,320 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $628K |
Where SMITH, SEALY 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.