WINDMILL
WINDMILL is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Big Star Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 30,953 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 $565K, with roughly $90K 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 70 barrels a month. Its strongest month on the record we hold was July 2022, at 612 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 WINDMILL
- Who operates WINDMILL?
- WINDMILL is operated by Big Star Oil & Gas, LLC, Railroad Commission of Texas operator number 070445.
- Where is WINDMILL?
- WINDMILL is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43268.
- Is WINDMILL still producing?
- WINDMILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WINDMILL is August 2026.
- How much has WINDMILL produced?
- WINDMILL has reported 30,953 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 1 wellbore.
- How much is WINDMILL worth?
- The remaining production from WINDMILL is estimated to be worth about $565K in total as of 26 August 2026, within a range of $311K to $819K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WINDMILL is a fraction of it. The estimate fits an Arps decline curve to the production WINDMILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WINDMILL is an estimate of value, not an offer and not an appraisal.
- How much income does WINDMILL generate in a year?
- WINDMILL is forecast to net about $90K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WINDMILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Big Star Oil & Gas, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 43268 |
| Wellbores | 1 |
| Reported production | 30,953 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $565K |
Where WINDMILL 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.