REO (JO-MILL) UNIT

REO (JO-MILL) UNIT is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Great Western Drilling Company. It has 20 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,618,906 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 $82K, with roughly $19K expected over the next twelve months.

OperatorGreat Western Drilling Company
FieldReo (Jo Mill, Lower)
CountyBorden County, Texas
RRC district8A
Lease number66511
Wellbores20
Reported production1,618,906 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$82K

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.