SCOTT, JOHN
SCOTT, JOHN is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Millennium Resources, LP. It has 4 wellbores on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 10,245 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 $509K, with roughly $98K 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 129 barrels a month, about 32 per wellbore. Its strongest month on the record we hold was September 2025, at 147 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 SCOTT, JOHN
- Who operates SCOTT, JOHN?
- SCOTT, JOHN is operated by Millennium Resources, LP, Railroad Commission of Texas operator number 567484.
- Where is SCOTT, JOHN?
- SCOTT, JOHN is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48119.
- Is SCOTT, JOHN still producing?
- SCOTT, JOHN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCOTT, JOHN is August 2026.
- How much has SCOTT, JOHN produced?
- SCOTT, JOHN has reported 10,245 barrels of oil (bbl) to the Railroad Commission of Texas between December 2014 and August 2026, from 4 wellbores.
- How much is SCOTT, JOHN worth?
- The remaining production from SCOTT, JOHN is estimated to be worth about $509K in total as of 26 August 2026, within a range of $397K to $622K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCOTT, JOHN is a fraction of it. The estimate fits an Arps decline curve to the production SCOTT, JOHN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCOTT, JOHN is an estimate of value, not an offer and not an appraisal.
- How much income does SCOTT, JOHN generate in a year?
- SCOTT, JOHN is forecast to net about $98K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCOTT, JOHN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Millennium Resources, LP |
|---|---|
| Field | Howard Glasscock (Consolidated) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 48119 |
| Wellbores | 4 |
| Reported production | 10,245 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $509K |
Where SCOTT, JOHN 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.