MILANO
MILANO is a Texas gas lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 454,841 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 $252K, with roughly $39K 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 1,531 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 2,841 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 MILANO
- Who operates MILANO?
- MILANO is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is MILANO?
- MILANO is a Texas gas lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 274044.
- Is MILANO still producing?
- MILANO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILANO is August 2026.
- How much has MILANO produced?
- MILANO has reported 454,841 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is MILANO worth?
- The remaining production from MILANO is estimated to be worth about $252K in total as of 27 August 2026, within a range of $209K to $295K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILANO is a fraction of it. The estimate fits an Arps decline curve to the production MILANO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILANO is an estimate of value, not an offer and not an appraisal.
- How much income does MILANO generate in a year?
- MILANO is forecast to net about $39K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILANO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 274044 |
| Wellbores | 1 |
| Reported production | 454,841 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $252K |
Where MILANO 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.