EAST TEXAS OIL COMPANY FEE "B"
EAST TEXAS OIL COMPANY FEE "B" is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Milestone Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 2010 to August 2026, totalling 19,512 barrels. 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 $21K, with roughly $4K 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 7 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was May 2017, at 138 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 EAST TEXAS OIL COMPANY FEE "B"
- Who operates EAST TEXAS OIL COMPANY FEE "B"?
- EAST TEXAS OIL COMPANY FEE "B" is operated by Milestone Operating, Inc., Railroad Commission of Texas operator number 567103.
- Where is EAST TEXAS OIL COMPANY FEE "B"?
- EAST TEXAS OIL COMPANY FEE "B" is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25499.
- Is EAST TEXAS OIL COMPANY FEE "B" still producing?
- EAST TEXAS OIL COMPANY FEE "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EAST TEXAS OIL COMPANY FEE "B" is August 2026.
- How much has EAST TEXAS OIL COMPANY FEE "B" produced?
- EAST TEXAS OIL COMPANY FEE "B" has reported 19,512 barrels of oil (bbl) to the Railroad Commission of Texas between January 2010 and August 2026, from 2 wellbores.
- How much is EAST TEXAS OIL COMPANY FEE "B" worth?
- The remaining production from EAST TEXAS OIL COMPANY FEE "B" is estimated to be worth about $21K in total as of 27 August 2026, within a range of $0 to $42K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EAST TEXAS OIL COMPANY FEE "B" is a fraction of it. The estimate fits an Arps decline curve to the production EAST TEXAS OIL COMPANY FEE "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EAST TEXAS OIL COMPANY FEE "B" is an estimate of value, not an offer and not an appraisal.
- How much income does EAST TEXAS OIL COMPANY FEE "B" generate in a year?
- EAST TEXAS OIL COMPANY FEE "B" is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EAST TEXAS OIL COMPANY FEE "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Milestone Operating, Inc. |
|---|---|
| Field | Village Mills (Cockfield 1-A) |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 25499 |
| Wellbores | 2 |
| Reported production | 19,512 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21K |
Where EAST TEXAS OIL COMPANY FEE "B" 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.