MILLIE B
MILLIE B is a Texas oil lease in Ector County, Railroad Commission district 08, operated by FDL Operating, LLC. It has 17 wellbores on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 107,584 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 $1.3M, with roughly $343K 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 486 barrels a month, about 29 per wellbore. Its strongest month on the record we hold was March 2021, at 2,601 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 MILLIE B
- Who operates MILLIE B?
- MILLIE B is operated by FDL Operating, LLC, Railroad Commission of Texas operator number 263924.
- Where is MILLIE B?
- MILLIE B is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51251.
- Is MILLIE B still producing?
- MILLIE B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLIE B is August 2026.
- How much has MILLIE B produced?
- MILLIE B has reported 107,584 barrels of oil (bbl) to the Railroad Commission of Texas between July 2018 and August 2026, from 17 wellbores.
- How much is MILLIE B worth?
- The remaining production from MILLIE B is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLIE B is a fraction of it. The estimate fits an Arps decline curve to the production MILLIE 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 is an estimate of value, not an offer and not an appraisal.
- How much income does MILLIE B generate in a year?
- MILLIE B is forecast to net about $343K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILLIE B 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 | 51251 |
| Wellbores | 17 |
| Reported production | 107,584 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where MILLIE 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.