MILLER T
MILLER T is a Texas oil lease in Duval County, Railroad Commission district 04, operated by Kebo Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 17,513 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 $189K, with roughly $36K 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 47 barrels a month. Its strongest month on the record we hold was May 2019, at 1,376 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 T
- Who operates MILLER T?
- MILLER T is operated by Kebo Oil & Gas, Inc., Railroad Commission of Texas operator number 453170.
- Where is MILLER T?
- MILLER T is a Texas oil lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 14116.
- Is MILLER T still producing?
- MILLER T is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLER T is August 2026.
- How much has MILLER T produced?
- MILLER T has reported 17,513 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 1 wellbore.
- How much is MILLER T worth?
- The remaining production from MILLER T is estimated to be worth about $189K in total as of 27 August 2026, within a range of $104K to $274K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLER T is a fraction of it. The estimate fits an Arps decline curve to the production MILLER T has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLER T is an estimate of value, not an offer and not an appraisal.
- How much income does MILLER T generate in a year?
- MILLER T is forecast to net about $36K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILLER T receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kebo Oil & Gas, Inc. |
|---|---|
| Field | Benavides (Jackson) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 14116 |
| Wellbores | 1 |
| Reported production | 17,513 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $189K |
Where MILLER T 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.