MILLER, J. T. -B-
MILLER, J. T. -B- is a Texas oil lease in Upshur County, Railroad Commission district 6E, operated by 4-Sight Operating Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 66,922 barrels. The lease is intermittent. 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 $16K, with roughly $3K 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 barrels a month. Its strongest month on the record we hold was August 2021, at 142 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 MILLER, J. T. -B-
- Who operates MILLER, J. T. -B-?
- MILLER, J. T. -B- is operated by 4-Sight Operating Company, Railroad Commission of Texas operator number 955005.
- Where is MILLER, J. T. -B-?
- MILLER, J. T. -B- is a Texas oil lease in Upshur County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06981.
- Is MILLER, J. T. -B- still producing?
- MILLER, J. T. -B- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MILLER, J. T. -B- is August 2026.
- How much has MILLER, J. T. -B- produced?
- MILLER, J. T. -B- has reported 66,922 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is MILLER, J. T. -B- worth?
- The remaining production from MILLER, J. T. -B- is estimated to be worth about $16K in total as of 27 August 2026, within a range of $0 to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLER, J. T. -B- is a fraction of it. The estimate fits an Arps decline curve to the production MILLER, J. T. -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLER, J. T. -B- is an estimate of value, not an offer and not an appraisal.
- How much income does MILLER, J. T. -B- generate in a year?
- MILLER, J. T. -B- is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILLER, J. T. -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 4-Sight Operating Company |
|---|---|
| Field | East Texas |
| County | Upshur County, Texas |
| RRC district | 6E |
| Lease number | 06981 |
| Wellbores | 3 |
| Reported production | 66,922 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where MILLER, J. T. -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.