MILLER SPINNEY 39
MILLER SPINNEY 39 is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Linn Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2009 to August 2026, totalling 710,602 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 $59K, with roughly $22K 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 1,059 thousand cubic feet a month. Its strongest month on the record we hold was January 2019, at 2,889 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MILLER SPINNEY 39
- Who operates MILLER SPINNEY 39?
- MILLER SPINNEY 39 is operated by Linn Operating, Inc., Railroad Commission of Texas operator number 501545.
- Where is MILLER SPINNEY 39?
- MILLER SPINNEY 39 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 254539.
- Is MILLER SPINNEY 39 still producing?
- MILLER SPINNEY 39 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLER SPINNEY 39 is August 2026.
- How much has MILLER SPINNEY 39 produced?
- MILLER SPINNEY 39 has reported 710,602 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2009 and August 2026, from 1 wellbore.
- How much is MILLER SPINNEY 39 worth?
- The remaining production from MILLER SPINNEY 39 is estimated to be worth about $59K in total as of 27 August 2026, within a range of $49K to $69K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLER SPINNEY 39 is a fraction of it. The estimate fits an Arps decline curve to the production MILLER SPINNEY 39 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLER SPINNEY 39 is an estimate of value, not an offer and not an appraisal.
- How much income does MILLER SPINNEY 39 generate in a year?
- MILLER SPINNEY 39 is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILLER SPINNEY 39 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Linn Operating, Inc. |
|---|---|
| Field | Stiles Ranch (Granite Wash Cons) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 254539 |
| Wellbores | 1 |
| Reported production | 710,602 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $59K |
Where MILLER SPINNEY 39 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.