NONA MILLS FIELD UNIT
NONA MILLS FIELD UNIT is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Shoco Production LLC. It has 2 wellbores on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 11,503 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 $469K, with roughly $90K 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 141 barrels a month, about 70 per wellbore. Its strongest month on the record we hold was April 2021, at 407 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 NONA MILLS FIELD UNIT
- Who operates NONA MILLS FIELD UNIT?
- NONA MILLS FIELD UNIT is operated by Shoco Production LLC, Railroad Commission of Texas operator number 778196.
- Where is NONA MILLS FIELD UNIT?
- NONA MILLS FIELD UNIT is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27806.
- Is NONA MILLS FIELD UNIT still producing?
- NONA MILLS FIELD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NONA MILLS FIELD UNIT is August 2026.
- How much has NONA MILLS FIELD UNIT produced?
- NONA MILLS FIELD UNIT has reported 11,503 barrels of oil (bbl) to the Railroad Commission of Texas between April 2020 and August 2026, from 2 wellbores.
- How much is NONA MILLS FIELD UNIT worth?
- The remaining production from NONA MILLS FIELD UNIT is estimated to be worth about $469K in total as of 27 August 2026, within a range of $366K to $572K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NONA MILLS FIELD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NONA MILLS FIELD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NONA MILLS FIELD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NONA MILLS FIELD UNIT generate in a year?
- NONA MILLS FIELD UNIT is forecast to net about $90K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NONA MILLS FIELD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shoco Production LLC |
|---|---|
| Field | Nona Mills (-E- Sand) |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 27806 |
| Wellbores | 2 |
| Reported production | 11,503 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $469K |
Where NONA MILLS FIELD UNIT 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.