MILLIE B (ALLOC)
MILLIE B (ALLOC) is a Texas oil lease in Ector County, Railroad Commission district 08, operated by FDL Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 31,936 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 $264K, with roughly $48K 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 54 barrels a month. Its strongest month on the record we hold was November 2023, at 1,447 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MILLIE B (ALLOC)
- Who operates MILLIE B (ALLOC)?
- MILLIE B (ALLOC) is operated by FDL Operating, LLC, Railroad Commission of Texas operator number 263924.
- Where is MILLIE B (ALLOC)?
- MILLIE B (ALLOC) is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51862.
- Is MILLIE B (ALLOC) still producing?
- MILLIE B (ALLOC) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLIE B (ALLOC) is August 2026.
- How much has MILLIE B (ALLOC) produced?
- MILLIE B (ALLOC) has reported 31,936 barrels of oil (bbl) to the Railroad Commission of Texas between July 2018 and August 2026, from 1 wellbore.
- How much is MILLIE B (ALLOC) worth?
- The remaining production from MILLIE B (ALLOC) is estimated to be worth about $264K in total as of 27 August 2026, within a range of $145K to $382K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLIE B (ALLOC) is a fraction of it. The estimate fits an Arps decline curve to the production MILLIE B (ALLOC) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLIE B (ALLOC) is an estimate of value, not an offer and not an appraisal.
- How much income does MILLIE B (ALLOC) generate in a year?
- MILLIE B (ALLOC) is forecast to net about $48K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILLIE B (ALLOC) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | FDL Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 51862 |
| Wellbores | 1 |
| Reported production | 31,936 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $264K |
Where MILLIE B (ALLOC) 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.