MILLIE B LEON B

MILLIE B LEON B is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Firebird Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2020 to August 2026, totalling 268,667 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 $4.7M, with roughly $1.2M 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 1,584 barrels a month. Its strongest month on the record we hold was September 2020, at 22,646 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LEON B

Who operates MILLIE B LEON B?
MILLIE B LEON B is operated by Firebird Energy LLC, Railroad Commission of Texas operator number 268933.
Where is MILLIE B LEON B?
MILLIE B LEON B is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57348.
Is MILLIE B LEON B still producing?
MILLIE B LEON B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLIE B LEON B is August 2026.
How much has MILLIE B LEON B produced?
MILLIE B LEON B has reported 268,667 barrels of oil (bbl) to the Railroad Commission of Texas between August 2020 and August 2026, from 1 wellbore.
How much is MILLIE B LEON B worth?
The remaining production from MILLIE B LEON B is estimated to be worth about $4.7M in total as of 26 August 2026, within a range of $3.9M to $5.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLIE B LEON B is a fraction of it. The estimate fits an Arps decline curve to the production MILLIE B LEON B 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 LEON B is an estimate of value, not an offer and not an appraisal.
How much income does MILLIE B LEON B generate in a year?
MILLIE B LEON B is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILLIE B LEON B receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MILLIE B LEON B as filed with the Railroad Commission of Texas
OperatorFirebird Energy LLC
FieldSpraberry (Trend Area)
CountyEctor County, Texas
RRC district08
Lease number57348
Wellbores1
Reported production268,667 bbl
First reported
Last reported
Estimated royalty value$4.7M

Where MILLIE B LEON B 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.