MILAS, BEULAH
MILAS, BEULAH is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Trapp, Geralda M. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 91,697 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 $217K, with roughly $42K 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, about 18 per wellbore. Its strongest month on the record we hold was July 2021, at 322 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 MILAS, BEULAH
- Who operates MILAS, BEULAH?
- MILAS, BEULAH is operated by Trapp, Geralda M., Railroad Commission of Texas operator number 865450.
- Where is MILAS, BEULAH?
- MILAS, BEULAH is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08420.
- Is MILAS, BEULAH still producing?
- MILAS, BEULAH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILAS, BEULAH is August 2026.
- How much has MILAS, BEULAH produced?
- MILAS, BEULAH has reported 91,697 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is MILAS, BEULAH worth?
- The remaining production from MILAS, BEULAH is estimated to be worth about $217K in total as of 27 August 2026, within a range of $119K to $314K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILAS, BEULAH is a fraction of it. The estimate fits an Arps decline curve to the production MILAS, BEULAH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILAS, BEULAH is an estimate of value, not an offer and not an appraisal.
- How much income does MILAS, BEULAH generate in a year?
- MILAS, BEULAH is forecast to net about $42K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILAS, BEULAH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Trapp, Geralda M. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 08420 |
| Wellbores | 3 |
| Reported production | 91,697 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $217K |
Where MILAS, BEULAH 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.