Oil and gas leases in Milam County — page 3

Milam County, Texas has 550 oil and gas leases with production on file at the Railroad Commission. 531 of them are oil leases and 19 are gas leases. Between them they carry 3,347 wellbores. Reported volumes run from January 1993 to August 2026 and come to 27.6 million barrels of oil and 1.2 million Mcf of gas. 138 operators file returns here. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Milam County

How many oil and gas leases are in Milam County?: Milam County has 550 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has Milam County produced?: Leases in Milam County have reported 27,579,044 barrels of oil (bbl) and 1,246,656 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026.
How many operators are active in Milam County?: 138 operators file production returns for leases in Milam County.
How much are mineral rights in Milam County worth?: There is no single figure: what a mineral or royalty interest in Milam County is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 550 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Leases — page 3 of 3

KRAATZ, LOUIS — oil, Schneider, Ernest, Milam County, 1 thousand reported
MCBRIDE, FLOSSIE ET AL — oil, B & L Minerals, Inc., Milam County, 1 thousand reported
BOCANEGRA — oil, Ab Reserve, LLC, Milam County, 1 thousand reported
RIDDLE, GEORGE -B- — oil, Riddle, George Oil Co., Milam County, 1 thousand reported
MCLERRAN, LELA — oil, Ubetco, Inc., Milam County, 1 thousand reported
BROCKENBUSH -B — oil, Wilhite Productions, Milam County, 1 thousand reported
BROCKENBUSH — oil, Wilhite Productions, Milam County, 1 thousand reported
CULPEPPER, W. -A- — oil, Y Oil Company Inc., Milam County, 1 thousand reported
SCHNEIDER, ERNEST — oil, Schneider, Ernest, Milam County, 1 thousand reported
BLACK, OSCAR — oil, Schneider, Ernest, Milam County, 1 thousand reported
CASTILLO, AURELIO M. — oil, Penrod Oil Company Of Texas, Inc, Milam County, 1 thousand reported
WHITAKER — oil, Beneco, Inc., Milam County, 1 thousand reported
CASPARIS — oil, Quasar Oil & Gas, Milam County, 1 thousand reported
TUMLINSON -B- — oil, Oxford Oil Co., Milam County, 1 thousand reported
COFFIELD/CULPEPPER -A- — oil, Ec Oil Co., Milam County, 973 reported
BALCH, M. W. — oil, Dawson Oil Co., Milam County, 963 reported
GRAHAM-ASHLEY UNIT — oil, Pemberton, W. C. Oil Co., Inc., Milam County, 963 reported
NORTH MOEHRING — oil, H&F Development Corp., Milam County, 959 reported
PRATT, S.G. — oil, Tejas Exploration Inc., Milam County, 939 reported
BELVIN — oil, Minnick Operating Co., Inc., Milam County, 936 reported
MATZIG, OTTO — oil, Wilhite Productions, Milam County, 907 reported
BEARD M-E (T-535) — oil, Ferguson-Burns Leasing Co., Milam County, 864 reported
SMOKEY CLARK — oil, Viceroy Petroleum, LP, Milam County, 858 reported
JUTSON, ARVA L. — oil, Freeman Corporation, The, Milam County, 837 reported
HYNDMAN — oil, Double Deuce Operating, Milam County, 829 reported
CULPEPPER, H.P. — oil, Y Oil Company Inc., Milam County, 772 reported
COFFIELD, H.H. ESTATE — oil, Ec Oil Co., Milam County, 754 reported
LABAY, LOUIS (A) — oil, Anacacho Resources, Inc., Milam County, 735 reported
FISHER, GEO. N. AND MARIE — oil, Anacacho Resources, Inc., Milam County, 735 reported
CAVIL, TYRENA — oil, Penrod Oil Company Of Texas, Inc, Milam County, 720 reported
SCHWAMP — oil, Kingman Operating Company, Inc., Milam County, 706 reported
WALLER, M L — oil, Houston Petroleum Company, Milam County, 699 reported
BATTE-HICKMAN — oil, Houston Petroleum Company, Milam County, 694 reported
S/S INVESTMENTS/CASPARIS — oil, Chama Resources, Milam County, 678 reported
COFFIELD, J. F. — oil, Penrod Oil Company Of Texas, Inc, Milam County, 669 reported
CLAYTON, T. M. — gas, East-West Resources, Inc., Milam County, 646 reported
WESTBROOK, W. G. — oil, B & L Minerals, Inc., Milam County, 631 reported
BRUCE, CHARLES A. — oil, B & B Drilling Co., Milam County, 625 reported
HURD, ROBERTA — oil, Ernest Operating Company, Milam County, 610 reported
KAREN TERRELL — oil, Sheldon Resources, L.P., Milam County, 602 reported
SPAULDING, J. R. — oil, Blackwell Drilling Co., Milam County, 599 reported
BEATHARD — oil, Penrod Oil Company Of Texas, Inc, Milam County, 595 reported
HOGAN — oil, 3r-B Oil Venture, Milam County, 594 reported
WALKER — oil, Allied Operating Texas, LLC, Milam County, 563 reported
O'NEAL, E.H. -B- — oil, Penrod Oil Company Of Texas, Inc, Milam County, 549 reported
STAMPER — oil, Cole, Frank W Engineering, Milam County, 549 reported
PERRY, P. H. — oil, Houston Petroleum Company, Milam County, 549 reported
LOVE, L. W. — oil, Exploration Techniques Inc., Milam County, 536 reported
SCHAAF, JOHN W. — oil, Betro, Inc., Milam County, 526 reported
COFFIELD - J&J — oil, Heartland Resources, Inc., Milam County, 524 reported
COFFIELD M-11 — gas, Heartland Resources, Inc., Milam County, 511 reported
HENRY,WILLIAM — oil, Blackwell Drilling Co., Milam County, 506 reported
DYMKE, RONALD P., ETAL — oil, Schneider, Ernest, Milam County, 486 reported
RICE CEMETERY — oil, Tejas Exploration Inc., Milam County, 485 reported
MCGARY, R. F. — oil, Tejas Exploration Inc., Milam County, 477 reported
TYLER, J.W. ET UX — oil, Ferguson-Burns Leasing Co., Milam County, 429 reported
LOVE, L. W. — oil, Exploration Techniques Inc., Milam County, 400 reported
LUETGE — oil, Penrod Oil Company Of Texas, Inc, Milam County, 396 reported
PRATT "B" TEN — oil, Tejas Exploration Inc., Milam County, 395 reported
JOHN VON GONTEN — oil, G & F Oil, Inc., Milam County, 386 reported
SVRCEK — oil, Babco Oil & Gas, LLC, Milam County, 385 reported
MENKE — oil, Penrod Oil Company Of Texas, Inc, Milam County, 381 reported
J. S. CORPORA — oil, Houston Petroleum Company, Milam County, 378 reported
YAKESCH — oil, Allied Operating Texas, LLC, Milam County, 369 reported
SMITH, OXSHEER — oil, R.D. Oil Company, Milam County, 366 reported
SHELTON, J. W. — oil, Tejas Exploration Inc., Milam County, 334 reported
LUETGE, O. F. — oil, Oxford Oil Co., Milam County, 331 reported
BULLOCK — oil, Double Deuce Operating, Milam County, 322 reported
MASSENGALE — oil, Leatherwood, J. W., Milam County, 321 reported
NEIHAUS-ISAACS — oil, Penrod Oil Company Of Texas, Inc, Milam County, 303 reported
BATTE, R.L. — oil, Comet Oil & Gas, Inc., Milam County, 297 reported
ROCKDALE IND. SCHOOL DIST. — oil, Penrod Oil Company Of Texas, Inc, Milam County, 296 reported
BLAKELY, AGNES — oil, Exploration Techniques, Inc., Milam County, 287 reported
BROCKENBUSH -C- — oil, Wilhite Productions, Milam County, 285 reported
KEY — oil, Southwest Resources, Inc., Milam County, 284 reported
JONES — oil, Penrod Oil Company Of Texas, Inc, Milam County, 282 reported
COOK-PARITY — oil, Tejas Exploration Inc., Milam County, 273 reported
PRATT-SHANNON — oil, Tejas Exploration Inc., Milam County, 267 reported
BASKIN, A.H. ET AL — oil, Heggy, Robert K., Milam County, 264 reported
VON GONTEN, ROY LEE — oil, Von Gonten, Roy L., Milam County, 255 reported
THIELEMANN, ALBERT — oil, Houston Petroleum Company, Milam County, 249 reported
THIELEMANN, ALBERT — oil, Houston Petroleum Company, Milam County, 249 reported
GARNER & SMITH — oil, Penrod Oil Company Of Texas, Inc, Milam County, 244 reported
MCLERRAN -B- — oil, Blackwell Drilling Co., Milam County, 243 reported
COOK-TEXSTAR — oil, Tejas Exploration Inc., Milam County, 229 reported
FEE — oil, Penrod Oil Company Of Texas, Inc, Milam County, 218 reported
PRATT, S.C. "B" — oil, Tejas Exploration Inc., Milam County, 215 reported
BLAND, NOLAN — oil, Bland, Nolan J., Milam County, 214 reported
COFFIELD, H. H. -B- — oil, Nelson, Buddy B., Milam County, 210 reported
PEARSON, W.T. — oil, Quasar Oil & Gas, Milam County, 206 reported
THE KIRK PLACE — oil, Dorado Offshore, LLC, Milam County, 205 reported
RUSSELL — oil, Kunkel, Gladys Operating, Milam County, 199 reported
BAILEY, ROBERT — oil, B & L Minerals, Inc., Milam County, 195 reported
MONTAGUE CATTLE COMPANY — oil, Texas Onshore Energy, Inc., Milam County, 193 reported
ELMAN — oil, Ab Reserve, LLC, Milam County, 193 reported
TEXAS POWER & LIGHT — oil, Penrod Oil Company Of Texas, Inc, Milam County, 173 reported
HOGAN "B" — oil, Penrod Oil Company Of Texas, Inc, Milam County, 171 reported
KORENEK — oil, Korenek, Frank C., Milam County, 168 reported
HOOD — oil, B & L Minerals, Inc., Milam County, 164 reported
PRATT, S.C. "B-V" — oil, Tejas Exploration Inc., Milam County, 152 reported
PRATT, S.C. -C- — oil, Tejas Exploration Inc., Milam County, 152 reported
DAYTONA — oil, Tidal Petroleum, Inc., Milam County, 148 reported
BLACK, ALEX -A- — oil, Coleman, Jerry, Milam County, 137 reported
PRATT -A- DAVID — oil, Tejas Exploration Inc., Milam County, 128 reported
ALFORD, ROY — oil, Canon Oil And Gas, Milam County, 126 reported
HARBER-BILLIE — oil, Sierra Minerals, Inc., Milam County, 120 reported
SHEPARD, H. L. — oil, Tejas Exploration Inc., Milam County, 117 reported
CALVIN, CHARLES — oil, Big V Productions, Milam County, 105 reported
PRATT, S.C. "B-IV" — oil, Tejas Exploration Inc., Milam County, 104 reported
BROCKENBUSH -B- — oil, La Plata Operating Co., Inc., Milam County, 102 reported
PERRY, P. H., JR. — oil, Huber, J. M., Corporation, Milam County, 100 reported
PRATT, S.C. B-STILES — oil, Tejas Exploration Inc., Milam County, 99 reported
BETHARD, B.E. — oil, Penrod Oil Company Of Texas, Inc, Milam County, 94 reported
STRELSKY -33- — oil, Penrod Oil Company Of Texas, Inc, Milam County, 93 reported
COOPER — oil, Penrod Oil Company Of Texas, Inc, Milam County, 92 reported
PRATT, S.C. "B-VI" — oil, Tejas Exploration Inc., Milam County, 92 reported
PRATT, S.C. "B-VII" — oil, Tejas Exploration Inc., Milam County, 92 reported
NEIHAUS-ISAACS "B" — oil, Y Oil Company Inc., Milam County, 92 reported
ARNWINE, I. — oil, Schneider, Ernest, Milam County, 91 reported
BURRO, PRATT — oil, Tejas Exploration Inc., Milam County, 78 reported
MCLERRAN, J.H. -A- — oil, Blackwell Drilling Co., Milam County, 68 reported
FOSTER, ESTER — oil, Heartland Resources, Inc., Milam County, 67 reported
FISHER-PEARSON — oil, Penrod Oil Company Of Texas, Inc, Milam County, 66 reported
PRATT, S.C. "B-III" — oil, Tejas Exploration Inc., Milam County, 61 reported
DORMAN-SMITH -B- — oil, H&F Development Corp., Milam County, 61 reported
COFFIELD, H.H. ESTATE — oil, Penrod Oil Company Of Texas, Inc, Milam County, 55 reported
VESSELS, R.P. — oil, Freeman Corporation, The, Milam County, 54 reported
JENKINS-B- — oil, Jenkins, R. D., Milam County, 50 reported
SHUFFIELD, G. W. — oil, Tejas Exploration Inc., Milam County, 47 reported
SHUFFIELD, G.W. "A" — oil, Tejas Exploration Inc., Milam County, 40 reported
TUMLINSON LANDCASTLE — oil, Price Operating, LLC, Milam County, 32 reported
CULPEPPER-COFFIELD — oil, Penrod Oil Company Of Texas, Inc, Milam County, 31 reported
BONORDEN — oil, Buffco Production Inc., Milam County, 30 reported
WOODARD, MAGGIE — oil, Penrod Oil Company Of Texas, Inc, Milam County, 24 reported
YOUNGBLOOD, J.W. — oil, Youngblood, J. W., Milam County, 22 reported
TEXAS POWER & LIGHT -A- — oil, Penrod Oil Company Of Texas, Inc, Milam County, 21 reported
T & NO R. R. CO. — oil, Penrod Oil Company Of Texas, Inc, Milam County, 19 reported
BEARD, L. ET AL — oil, Ten-Key Inc., Milam County, 17 reported
HOGAN -C- — oil, Penrod Oil Company Of Texas, Inc, Milam County, 16 reported
CUNNINGHAM — oil, Garrison Resource Developmnt LLC, Milam County, 16 reported
DRUMMOND, DICK — oil, Freeman, J. Earle, Milam County, 12 reported
PAYNE — oil, Austin Ridge Energy Corporation, Milam County, 11 reported
BOOBA — oil, Babco Oil & Gas, LLC, Milam County, 10 reported
TAYLOR — oil, Tejas Exploration Inc., Milam County, 9 reported
COFFIELD, H. H. -A- — oil, Penrod Oil Company Of Texas, Inc, Milam County, 8 reported
HUDSON — oil, Heartland Resources, Inc., Milam County, 5 reported
CUNNINGHAM — oil, Penrod Oil Company Of Texas, Inc, Milam County, 3 reported
DUHE — oil, Petro Delta, Milam County, 2 reported
COFFIELD, C. H. — oil, Big V Productions, Milam County, 1 reported
PERRY, P.H. JR. — oil, Exploration Techniques, Inc., Milam County, 1 reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.