C.E. HEARD "B"

C.E. HEARD "B" is a Texas gas lease in Bee County, Railroad Commission district 02, operated by Milagro Exploration, Llc. It has 1 wellbore on file with the Commission. Reported production runs from March 2007 to August 2026, totalling 423,534 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $116, with roughly $64 expected over the next twelve months.

OperatorMilagro Exploration, Llc
FieldHeard Ranch (Frio Z)
CountyBee County, Texas
RRC district02
Lease number230418
Wellbores1
Reported production423,534 mcf
First reportedMarch 2007
Last reportedAugust 2026
Estimated royalty value$116

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.