MILNE
MILNE is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Demand Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 26,878 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $6K, with roughly $1K expected over the next twelve months.
| Operator | Demand Energy, Inc. |
|---|---|
| Field | Lewis Steffens |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 20900 |
| Wellbores | 2 |
| Reported production | 26,878 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $6K |
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.