Texas oil lease · RRC district 08 · Lease 45879
No report in 6+ monthsMILLARD -B-
Millard -B- is an oil lease in Ector County, Texas, operated by Founders Oil & Gas Operating,llc in the Penwell (Wichita Albany) field. The Railroad Commission shows 48,009 bbl of oil in the 12 months through Feb 2023.
Oil lease dossier · 5 wells
- Operator
- Founders Oil & Gas Operating,llc
- County
- Ector County
- RRC lease
- 08-45879
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Where it sits
This county
- Gas, last 12 months
- 56,714 mcf
- Oil in Feb 2023
- 0 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 5
Production
Month by month, from the state record
Oil output fell 55% over the last 12 months
48,009 bbl in the 12 months through Feb 2023, against 106,620 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 45879, district 08. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
All of the gas went to a processing plant in the last 12 months
Each bar is one month. Colors are the disposition codes the operator reported.
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 45879, district 08. Reported through Jul 2026.
Processing plant (3)
Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.
None of the gas was flared in the last 12 months.
Operator history
Who has run this lease
Founders Oil & Gas Operating,llc has reported this lease for the whole period
No change of operator in the months we hold.
- Founders Oil & Gas Operating,llc Jan 2020 to now
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
Wells on this lease
No wells are linked to this lease in our data
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says MILLARD -B- sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Feb 2023Founders Oil | 0 | 0 | 0 | 0 | 0 | $76.83 | $2.38 |
| Jan 2023Founders Oil | 0 | 5 | 0 | 0 | 0 | $78.12 | $3.27 |
| Dec 2022Founders Oil | 185 | 230 | 0 | 0 | 0 | $76.44 | $5.53 |
| Nov 2022Founders Oil | 2,445 | 2,450 | 0 | 0 | 0 | $84.37 | $5.45 |
| Oct 2022Founders Oil | 4,055 | 4,073 | 2,654 | 2,654 | 0 | $87.55 | $5.66 |
| Sep 2022Founders Oil | 4,492 | 4,508 | 0 | 0 | 0 | $84.26 | $7.88 |
| Aug 2022Founders Oil | 4,495 | 4,512 | 1,327 | 1,327 | 0 | $93.67 | $8.81 |
| Jul 2022Founders Oil | 3,620 | 3,842 | 8,718 | 8,718 | 0 | $101.62 | $7.28 |
| Jun 2022Founders Oil | 4,830 | 4,932 | 9,065 | 9,065 | 0 | $114.84 | $7.70 |
| May 2022Founders Oil | 6,443 | 6,448 | 10,496 | 10,496 | 0 | $109.55 | $8.14 |
| Apr 2022Founders Oil | 7,778 | 7,860 | 12,755 | 12,755 | 0 | $101.78 | $6.60 |
| Mar 2022Founders Oil | 9,666 | 9,970 | 11,699 | 11,699 | 0 | $108.50 | $4.90 |
| Feb 2022Founders Oil | 10,201 | 10,509 | 12,003 | 12,003 | 0 | $91.64 | $4.69 |
| Jan 2022Founders Oil | 13,042 | 12,850 | 17,365 | 17,365 | 0 | $83.22 | $4.38 |
| Dec 2021Founders Oil | 13,720 | 13,414 | 20,407 | 20,407 | 0 | $71.71 | $3.76 |
| Nov 2021Founders Oil | 16,859 | 16,527 | 18,243 | 18,243 | 0 | $79.15 | $5.05 |
| Oct 2021Founders Oil | 6,567 | 6,477 | 8,055 | 8,055 | 0 | $81.48 | $5.51 |
| Sep 2021Founders Oil | 6,211 | 6,200 | 4,296 | 4,296 | 0 | $71.65 | $5.16 |
| Aug 2021Founders Oil | 7,664 | 7,672 | 9,229 | 9,229 | 0 | $67.73 | $4.07 |
| Jul 2021Founders Oil | 9,196 | 9,339 | 2,916 | 2,916 | 0 | $72.49 | $3.84 |
| Jun 2021Founders Oil | 11,052 | 10,918 | 11,541 | 11,541 | 0 | $71.38 | $3.26 |
| May 2021Founders Oil | 3,870 | 3,984 | 0 | 0 | 0 | $65.17 | $2.91 |
| Apr 2021Founders Oil | 3,947 | 3,714 | 4,830 | 4,830 | 0 | $61.72 | $2.66 |
| Mar 2021Founders Oil | 4,291 | 4,621 | 2,938 | 2,938 | 0 | $62.33 | $2.62 |
| Feb 2021Founders Oil | 3,043 | 2,852 | 2,480 | 2,480 | 0 | $59.04 | $5.35 |
| Jan 2021Founders Oil | 5,128 | 5,249 | 5,503 | 5,503 | 0 | $52.00 | $2.71 |
| Dec 2020Founders Oil | 6,418 | 6,430 | 5,980 | 5,980 | 0 | $47.02 | $2.58 |
| Nov 2020Founders Oil | 7,837 | 7,469 | 8,119 | 8,119 | 0 | $40.94 | $2.61 |
| Oct 2020Founders Oil | 0 | 0 | 0 | 0 | 0 | $39.40 | $2.39 |
| Sep 2020Founders Oil | 0 | 0 | 0 | 0 | 0 | $39.63 | $1.92 |
| Aug 2020Founders Oil | 0 | 0 | 0 | 0 | 0 | $42.34 | $2.30 |
| Jul 2020Founders Oil | 0 | 0 | 0 | 0 | 0 | $40.71 | $1.76 |
| Jun 2020Founders Oil | 0 | 0 | 0 | 0 | 0 | $38.31 | $1.63 |
| May 2020Founders Oil | 0 | 0 | 0 | 0 | 0 | $28.56 | $1.75 |
| Apr 2020Founders Oil | 0 | 0 | 0 | 0 | 0 | $16.55 | $1.74 |
| Mar 2020Founders Oil | 0 | 0 | 0 | 0 | 0 | $29.21 | $1.79 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
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Upload your statements for MILLARD -B-. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Founders Oil & Gas Operating,llc.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
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This lease belongs to
Founders Oil & Gas Operating,llc in Ector County
No other producing leases from this operator in this county are in our data yet.
Penwell (Wichita Albany) field
No other producing leases in this field are in our data yet.
New drilling permits in Ector County
We do not have coordinates for this lease, so these are the newest permits in its county.
No recent drilling permits found for this area.
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Feb 2023?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 45879, district 08, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.