MILL CREEK OL
MILL CREEK OL is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 1998 to August 2026, totalling 357,820 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 the whole lease — a 100% undivided interest — at about $22K, with roughly $3K 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 256 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 889 thousand cubic feet. 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 MILL CREEK OL
- Who operates MILL CREEK OL?
- MILL CREEK OL is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is MILL CREEK OL?
- MILL CREEK OL is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 171383.
- Is MILL CREEK OL still producing?
- MILL CREEK OL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILL CREEK OL is August 2026.
- How much has MILL CREEK OL produced?
- MILL CREEK OL has reported 357,820 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1998 and August 2026, from 1 wellbore.
- How much is MILL CREEK OL worth?
- The remaining production from MILL CREEK OL is estimated to be worth about $22K in total as of 26 August 2026, within a range of $17K to $27K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILL CREEK OL is a fraction of it. The estimate fits an Arps decline curve to the production MILL CREEK OL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILL CREEK OL is an estimate of value, not an offer and not an appraisal.
- How much income does MILL CREEK OL generate in a year?
- MILL CREEK OL is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILL CREEK OL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 171383 |
| Wellbores | 1 |
| Reported production | 357,820 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $22K |
Where MILL CREEK OL 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.