MILLS, R. D.
MILLS, R. D. is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Range Production Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2007 to August 2026, totalling 2,440 barrels. The lease is intermittent. 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 $221K, with roughly $30K 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 3 barrels a month. Its strongest month on the record we hold was October 2019, at 48 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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, R. D.
- Who operates MILLS, R. D.?
- MILLS, R. D. is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
- Where is MILLS, R. D.?
- MILLS, R. D. is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08019.
- Is MILLS, R. D. still producing?
- MILLS, R. D. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MILLS, R. D. is August 2026.
- How much has MILLS, R. D. produced?
- MILLS, R. D. has reported 2,440 barrels of oil (bbl) to the Railroad Commission of Texas between April 2007 and August 2026, from 1 wellbore.
- How much is MILLS, R. D. worth?
- The remaining production from MILLS, R. D. is estimated to be worth about $221K in total as of 27 August 2026, within a range of $0 to $442K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLS, R. D. is a fraction of it. The estimate fits an Arps decline curve to the production MILLS, R. D. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLS, R. D. is an estimate of value, not an offer and not an appraisal.
- How much income does MILLS, R. D. generate in a year?
- MILLS, R. D. is forecast to net about $30K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILLS, R. D. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Range Production Company |
|---|---|
| Field | Lard Ranch (Granite Wash -C-) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 08019 |
| Wellbores | 1 |
| Reported production | 2,440 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $221K |
Where MILLS, R. D. 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.