MILLER WEST
MILLER WEST is a Texas oil lease in Duval County, Railroad Commission district 04, operated by Kebo Oil & Gas, Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2017 to August 2026, totalling 47,854 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 $590K, with roughly $113K 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 163 barrels a month, about 82 per wellbore. Its strongest month on the record we hold was May 2019, at 1,420 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 WEST
- Who operates MILLER WEST?
- MILLER WEST is operated by Kebo Oil & Gas, Inc., Railroad Commission of Texas operator number 453170.
- Where is MILLER WEST?
- MILLER WEST is a Texas oil lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 14051.
- Is MILLER WEST still producing?
- MILLER WEST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLER WEST is August 2026.
- How much has MILLER WEST produced?
- MILLER WEST has reported 47,854 barrels of oil (bbl) to the Railroad Commission of Texas between July 2017 and August 2026, from 2 wellbores.
- How much is MILLER WEST worth?
- The remaining production from MILLER WEST is estimated to be worth about $590K in total as of 26 August 2026, within a range of $460K to $720K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLER WEST is a fraction of it. The estimate fits an Arps decline curve to the production MILLER WEST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLER WEST is an estimate of value, not an offer and not an appraisal.
- How much income does MILLER WEST generate in a year?
- MILLER WEST is forecast to net about $113K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILLER WEST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kebo Oil & Gas, Inc. |
|---|---|
| Field | Benavides (Pettus) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 14051 |
| Wellbores | 2 |
| Reported production | 47,854 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $590K |
Where MILLER WEST 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.