MILLHAM, WM., ET AL
MILLHAM, WM., ET AL is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Orsburn, Wade Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 7,689 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 $8K, with roughly $2K 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 May 2021, at 67 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 MILLHAM, WM., ET AL
- Who operates MILLHAM, WM., ET AL?
- MILLHAM, WM., ET AL is operated by Orsburn, Wade Inc., Railroad Commission of Texas operator number 627073.
- Where is MILLHAM, WM., ET AL?
- MILLHAM, WM., ET AL is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 02277.
- Is MILLHAM, WM., ET AL still producing?
- MILLHAM, WM., ET AL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MILLHAM, WM., ET AL is August 2026.
- How much has MILLHAM, WM., ET AL produced?
- MILLHAM, WM., ET AL has reported 7,689 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MILLHAM, WM., ET AL worth?
- The remaining production from MILLHAM, WM., ET AL is estimated to be worth about $8K in total as of 26 August 2026, within a range of $0 to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLHAM, WM., ET AL is a fraction of it. The estimate fits an Arps decline curve to the production MILLHAM, WM., ET AL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLHAM, WM., ET AL is an estimate of value, not an offer and not an appraisal.
- How much income does MILLHAM, WM., ET AL generate in a year?
- MILLHAM, WM., ET AL is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILLHAM, WM., ET AL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Orsburn, Wade Inc. |
|---|---|
| Field | Callisburg, SW. (Strawn 3300) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 02277 |
| Wellbores | 1 |
| Reported production | 7,689 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where MILLHAM, WM., ET AL 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.