MILQUETOAST UNIT
MILQUETOAST UNIT is a Texas gas lease in Hill County, Railroad Commission district 09, operated by Quicksilver Resources Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 604,059 thousand cubic feet. 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 $210K, with roughly $32K 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 1,342 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 2,583 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MILQUETOAST UNIT
- Who operates MILQUETOAST UNIT?
- MILQUETOAST UNIT is operated by Quicksilver Resources Inc., Railroad Commission of Texas operator number 684830.
- Where is MILQUETOAST UNIT?
- MILQUETOAST UNIT is a Texas gas lease in Hill County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 240011.
- Is MILQUETOAST UNIT still producing?
- MILQUETOAST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILQUETOAST UNIT is August 2026.
- How much has MILQUETOAST UNIT produced?
- MILQUETOAST UNIT has reported 604,059 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
- How much is MILQUETOAST UNIT worth?
- The remaining production from MILQUETOAST UNIT is estimated to be worth about $210K in total as of 27 August 2026, within a range of $174K to $246K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILQUETOAST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MILQUETOAST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILQUETOAST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MILQUETOAST UNIT generate in a year?
- MILQUETOAST UNIT is forecast to net about $32K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILQUETOAST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Quicksilver Resources Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Hill County, Texas |
| RRC district | 09 |
| Lease number | 240011 |
| Wellbores | 1 |
| Reported production | 604,059 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $210K |
Where MILQUETOAST 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.