MILLS BENNETT
MILLS BENNETT is a Texas oil lease in Polk County, Railroad Commission district 03, operated by Davis Southern Operating Co LLC. It has 2 wellbores on file with the Commission. Reported production runs from June 2010 to August 2026, totalling 345,251 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 $2.8M, with roughly $629K 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 1,204 barrels a month, about 602 per wellbore. Its strongest month on the record we hold was May 2018, at 2,136 barrels. 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 MILLS BENNETT
- Who operates MILLS BENNETT?
- MILLS BENNETT is operated by Davis Southern Operating Co LLC, Railroad Commission of Texas operator number 206081.
- Where is MILLS BENNETT?
- MILLS BENNETT is a Texas oil lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25581.
- Is MILLS BENNETT still producing?
- MILLS BENNETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLS BENNETT is August 2026.
- How much has MILLS BENNETT produced?
- MILLS BENNETT has reported 345,251 barrels of oil (bbl) to the Railroad Commission of Texas between June 2010 and August 2026, from 2 wellbores.
- How much is MILLS BENNETT worth?
- The remaining production from MILLS BENNETT is estimated to be worth about $2.8M in total as of 26 August 2026, within a range of $2.3M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLS BENNETT is a fraction of it. The estimate fits an Arps decline curve to the production MILLS BENNETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLS BENNETT is an estimate of value, not an offer and not an appraisal.
- How much income does MILLS BENNETT generate in a year?
- MILLS BENNETT is forecast to net about $629K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILLS BENNETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Davis Southern Operating Co LLC |
|---|---|
| Field | Padgett (Yegua 5 Sand) |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 25581 |
| Wellbores | 2 |
| Reported production | 345,251 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.8M |
Where MILLS BENNETT 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.