MILLS
MILLS is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Sanguine Gas Exploration, Llc. It has 10 wellbores on file with the Commission. Reported production runs from February 2010 to August 2026, totalling 749,805 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 $28K, with roughly $6K expected over the next twelve months.
| Operator | Sanguine Gas Exploration, Llc |
|---|---|
| Field | Mills Ranch (Granite Wash Cons.) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 08107 |
| Wellbores | 10 |
| Reported production | 749,805 bbl |
| First reported | February 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $28K |
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.