TAYLOR, W.B. -H- 38
TAYLOR, W.B. -H- 38 is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by Millennium Minerals Corporation. It has 1 wellbore on file with the Commission. Reported production runs from August 2017 to August 2026, totalling 5,990 barrels. The lease is intermittent. 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 $323K, with roughly $62K 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 84 barrels a month. Its strongest month on the record we hold was September 2019, at 191 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 TAYLOR, W.B. -H- 38
- Who operates TAYLOR, W.B. -H- 38?
- TAYLOR, W.B. -H- 38 is operated by Millennium Minerals Corporation, Railroad Commission of Texas operator number 567491.
- Where is TAYLOR, W.B. -H- 38?
- TAYLOR, W.B. -H- 38 is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15584.
- Is TAYLOR, W.B. -H- 38 still producing?
- TAYLOR, W.B. -H- 38 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TAYLOR, W.B. -H- 38 is August 2026.
- How much has TAYLOR, W.B. -H- 38 produced?
- TAYLOR, W.B. -H- 38 has reported 5,990 barrels of oil (bbl) to the Railroad Commission of Texas between August 2017 and August 2026, from 1 wellbore.
- How much is TAYLOR, W.B. -H- 38 worth?
- The remaining production from TAYLOR, W.B. -H- 38 is estimated to be worth about $323K in total as of 27 August 2026, within a range of $178K to $469K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TAYLOR, W.B. -H- 38 is a fraction of it. The estimate fits an Arps decline curve to the production TAYLOR, W.B. -H- 38 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TAYLOR, W.B. -H- 38 is an estimate of value, not an offer and not an appraisal.
- How much income does TAYLOR, W.B. -H- 38 generate in a year?
- TAYLOR, W.B. -H- 38 is forecast to net about $62K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TAYLOR, W.B. -H- 38 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Millennium Minerals Corporation |
|---|---|
| Field | Longwood (Goodland Lime) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 15584 |
| Wellbores | 1 |
| Reported production | 5,990 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $323K |
Where TAYLOR, W.B. -H- 38 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.