MILLS
MILLS is a Texas gas lease in Hood County, Railroad Commission district 09, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2005 to August 2026, totalling 2,202,795 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 $775K, with roughly $124K 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 4,768 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 7,567 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 MILLS
- Who operates MILLS?
- MILLS is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is MILLS?
- MILLS is a Texas gas lease in Hood County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 213757.
- Is MILLS still producing?
- MILLS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLS is August 2026.
- How much has MILLS produced?
- MILLS has reported 2,202,795 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2005 and August 2026, from 1 wellbore.
- How much is MILLS worth?
- The remaining production from MILLS is estimated to be worth about $775K in total as of 27 August 2026, within a range of $643K to $907K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLS is a fraction of it. The estimate fits an Arps decline curve to the production MILLS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLS is an estimate of value, not an offer and not an appraisal.
- How much income does MILLS generate in a year?
- MILLS is forecast to net about $124K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILLS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Hood County, Texas |
| RRC district | 09 |
| Lease number | 213757 |
| Wellbores | 1 |
| Reported production | 2,202,795 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $775K |
Where MILLS 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.