MILLIGAN, OMAR B.
MILLIGAN, OMAR B. is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Little, Quintin Company,Inc.,The. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 63,499 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 $649K, with roughly $125K 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 161 barrels a month. Its strongest month on the record we hold was October 2017, at 357 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 MILLIGAN, OMAR B.
- Who operates MILLIGAN, OMAR B.?
- MILLIGAN, OMAR B. is operated by Little, Quintin Company,Inc.,The, Railroad Commission of Texas operator number 503711.
- Where is MILLIGAN, OMAR B.?
- MILLIGAN, OMAR B. is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 17394.
- Is MILLIGAN, OMAR B. still producing?
- MILLIGAN, OMAR B. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLIGAN, OMAR B. is August 2026.
- How much has MILLIGAN, OMAR B. produced?
- MILLIGAN, OMAR B. has reported 63,499 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MILLIGAN, OMAR B. worth?
- The remaining production from MILLIGAN, OMAR B. is estimated to be worth about $649K in total as of 26 August 2026, within a range of $506K to $792K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLIGAN, OMAR B. is a fraction of it. The estimate fits an Arps decline curve to the production MILLIGAN, OMAR B. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLIGAN, OMAR B. is an estimate of value, not an offer and not an appraisal.
- How much income does MILLIGAN, OMAR B. generate in a year?
- MILLIGAN, OMAR B. is forecast to net about $125K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILLIGAN, OMAR B. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Little, Quintin Company,Inc.,The |
|---|---|
| Field | Milligan Ranch (Strawn 8500) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 17394 |
| Wellbores | 1 |
| Reported production | 63,499 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $649K |
Where MILLIGAN, OMAR 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.