MILLSPAUGH, AUSTIN "12"
MILLSPAUGH, AUSTIN "12" is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Rme Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2002 to August 2026, totalling 501,837 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 $271, with roughly $243 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 196 thousand cubic feet a month. Its strongest month on the record we hold was April 2026, at 1,189 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 MILLSPAUGH, AUSTIN "12"
- Who operates MILLSPAUGH, AUSTIN "12"?
- MILLSPAUGH, AUSTIN "12" is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is MILLSPAUGH, AUSTIN "12"?
- MILLSPAUGH, AUSTIN "12" is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 191129.
- Is MILLSPAUGH, AUSTIN "12" still producing?
- MILLSPAUGH, AUSTIN "12" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLSPAUGH, AUSTIN "12" is August 2026.
- How much has MILLSPAUGH, AUSTIN "12" produced?
- MILLSPAUGH, AUSTIN "12" has reported 501,837 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2002 and August 2026, from 1 wellbore.
- How much is MILLSPAUGH, AUSTIN "12" worth?
- The remaining production from MILLSPAUGH, AUSTIN "12" is estimated to be worth about $271 in total as of 26 August 2026, within a range of $212 to $331. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLSPAUGH, AUSTIN "12" is a fraction of it. The estimate fits an Arps decline curve to the production MILLSPAUGH, AUSTIN "12" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLSPAUGH, AUSTIN "12" is an estimate of value, not an offer and not an appraisal.
- How much income does MILLSPAUGH, AUSTIN "12" generate in a year?
- MILLSPAUGH, AUSTIN "12" is forecast to net about $243 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILLSPAUGH, AUSTIN "12" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rme Petroleum Company |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 191129 |
| Wellbores | 1 |
| Reported production | 501,837 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $271 |
Where MILLSPAUGH, AUSTIN "12" 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.