MILLER RANCH
MILLER RANCH is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by King Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from June 2023 to August 2026, totalling 10,915 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 $84K, with roughly $78K 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 160 barrels a month. Its strongest month on the record we hold was August 2023, at 1,617 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MILLER RANCH
- Who operates MILLER RANCH?
- MILLER RANCH is operated by King Operating Corporation, Railroad Commission of Texas operator number 465296.
- Where is MILLER RANCH?
- MILLER RANCH is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71358.
- Is MILLER RANCH still producing?
- MILLER RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLER RANCH is August 2026.
- How much has MILLER RANCH produced?
- MILLER RANCH has reported 10,915 barrels of oil (bbl) to the Railroad Commission of Texas between June 2023 and August 2026, from 1 wellbore.
- How much is MILLER RANCH worth?
- The remaining production from MILLER RANCH is estimated to be worth about $84K in total as of 27 August 2026, within a range of $65K to $102K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLER RANCH is a fraction of it. The estimate fits an Arps decline curve to the production MILLER RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLER RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does MILLER RANCH generate in a year?
- MILLER RANCH is forecast to net about $78K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILLER RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | King Operating Corporation |
|---|---|
| Field | Hood, North (Miss) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 71358 |
| Wellbores | 1 |
| Reported production | 10,915 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $84K |
Where MILLER RANCH 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.