MILLER OIL UNIT
MILLER OIL UNIT is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Lynx Energy Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,796 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 $12K, with roughly $2K 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 2 barrels a month. Its strongest month on the record we hold was July 2024, at 5 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 MILLER OIL UNIT
- Who operates MILLER OIL UNIT?
- MILLER OIL UNIT is operated by Lynx Energy Company, Inc., Railroad Commission of Texas operator number 516247.
- Where is MILLER OIL UNIT?
- MILLER OIL UNIT is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 11837.
- Is MILLER OIL UNIT still producing?
- MILLER OIL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLER OIL UNIT is August 2026.
- How much has MILLER OIL UNIT produced?
- MILLER OIL UNIT has reported 1,796 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MILLER OIL UNIT worth?
- The remaining production from MILLER OIL UNIT is estimated to be worth about $12K in total as of 26 August 2026, within a range of $0 to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLER OIL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MILLER OIL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLER OIL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MILLER OIL UNIT generate in a year?
- MILLER OIL UNIT is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILLER OIL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lynx Energy Company, Inc. |
|---|---|
| Field | Chapel Hill |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 11837 |
| Wellbores | 1 |
| Reported production | 1,796 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where MILLER OIL UNIT 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.