MILL CREEK
MILL CREEK is a Texas oil lease in Polk County, Railroad Commission district 03, operated by Arcadia Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 58,126 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 $1.7M, with roughly $413K 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 596 barrels a month. Its strongest month on the record we hold was July 2018, at 1,280 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 MILL CREEK
- Who operates MILL CREEK?
- MILL CREEK is operated by Arcadia Operating, LLC, Railroad Commission of Texas operator number 028734.
- Where is MILL CREEK?
- MILL CREEK is a Texas oil lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27349.
- Is MILL CREEK still producing?
- MILL CREEK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILL CREEK is August 2026.
- How much has MILL CREEK produced?
- MILL CREEK has reported 58,126 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 1 wellbore.
- How much is MILL CREEK worth?
- The remaining production from MILL CREEK is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILL CREEK is a fraction of it. The estimate fits an Arps decline curve to the production MILL CREEK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILL CREEK is an estimate of value, not an offer and not an appraisal.
- How much income does MILL CREEK generate in a year?
- MILL CREEK is forecast to net about $413K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILL CREEK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arcadia Operating, LLC |
|---|---|
| Field | Ace, North (4830) |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 27349 |
| Wellbores | 1 |
| Reported production | 58,126 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where MILL CREEK 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.