MILLER, HERB
MILLER, HERB is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Lynx Oil Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 130,410 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 $1.1M, with roughly $286K 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 432 barrels a month, about 216 per wellbore. Its strongest month on the record we hold was July 2016, at 708 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, HERB
- Who operates MILLER, HERB?
- MILLER, HERB is operated by Lynx Oil Co., Inc., Railroad Commission of Texas operator number 516251.
- Where is MILLER, HERB?
- MILLER, HERB is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 24411.
- Is MILLER, HERB still producing?
- MILLER, HERB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLER, HERB is August 2026.
- How much has MILLER, HERB produced?
- MILLER, HERB has reported 130,410 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MILLER, HERB worth?
- The remaining production from MILLER, HERB is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $877K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLER, HERB is a fraction of it. The estimate fits an Arps decline curve to the production MILLER, HERB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLER, HERB is an estimate of value, not an offer and not an appraisal.
- How much income does MILLER, HERB generate in a year?
- MILLER, HERB is forecast to net about $286K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILLER, HERB receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lynx Oil Co., Inc. |
|---|---|
| Field | Yarbrough & Allen (Wolfcamp) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 24411 |
| Wellbores | 2 |
| Reported production | 130,410 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where MILLER, HERB 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.