MILLS RANCH SE 25

MILLS RANCH SE 25 is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Sanguine Gas Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 2,717,661 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 $2.8M, with roughly $500K 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 12,957 thousand cubic feet a month. Its strongest month on the record we hold was May 2020, at 19,894 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 RANCH SE 25

Who operates MILLS RANCH SE 25?
MILLS RANCH SE 25 is operated by Sanguine Gas Exploration, LLC, Railroad Commission of Texas operator number 748059.
Where is MILLS RANCH SE 25?
MILLS RANCH SE 25 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 274346.
Is MILLS RANCH SE 25 still producing?
MILLS RANCH SE 25 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLS RANCH SE 25 is August 2026.
How much has MILLS RANCH SE 25 produced?
MILLS RANCH SE 25 has reported 2,717,661 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2013 and August 2026, from 1 wellbore.
How much is MILLS RANCH SE 25 worth?
The remaining production from MILLS RANCH SE 25 is estimated to be worth about $2.8M in total as of 27 August 2026, within a range of $2.3M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLS RANCH SE 25 is a fraction of it. The estimate fits an Arps decline curve to the production MILLS RANCH SE 25 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLS RANCH SE 25 is an estimate of value, not an offer and not an appraisal.
How much income does MILLS RANCH SE 25 generate in a year?
MILLS RANCH SE 25 is forecast to net about $500K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILLS RANCH SE 25 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MILLS RANCH SE 25 as filed with the Railroad Commission of Texas
OperatorSanguine Gas Exploration, LLC
FieldMills Ranch (Des Moines)
CountyWheeler County, Texas
RRC district10
Lease number274346
Wellbores1
Reported production2,717,661 mcf
First reported
Last reported
Estimated royalty value$2.8M

Where MILLS RANCH SE 25 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.