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Texas oil lease

No report in 6+ months

MILLARD E

Millard E is an oil lease in Ector County, Texas, operated by Founders Oil & Gas Operating,llc in the Penwell (Wichita Albany) field.

Oil lease dossier

10,821bbl oil, since Dec 2021
Operator
Founders Oil & Gas Operating,llc
County
Ector County
Field
Penwell (Wichita Albany)
RRC lease
08-56516

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Gas, since Dec 2021
15,928 mcf
Oil in Sep 2022
0 bbl

Checks stopped on this lease?

  • P-5

    The current operator's P-5 registration is listed as inactive since Feb 28, 2025 (last P-5 filed Oct 5, 2022).

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 99% since Dec 2021

  • Oil (bars)
  • Gas (line)
Oil output fell 99% since Dec 2021Monthly oil production and gas for MILLARD E, Dec 2021 to Sep 2022. Oil output fell 99% since Dec 2021. Monthly average of 16 bbl in the latest 3 months, against 1,862 bbl in the first 3.bbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Oct 21Jan 22AprJul
Oil output fell 99% since Dec 2021Monthly oil production and gas for MILLARD E, Dec 2021 to Sep 2022. Oil output fell 99% since Dec 2021. Monthly average of 16 bbl in the latest 3 months, against 1,862 bbl in the first 3.bbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Jan 22Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 8 months reported

All of the gas went to a processing plant in the 8 months reportedShare of MILLARD E gas by disposition code each month, Dec 2021 to Sep 2022. All of the gas went to a processing plant in the 8 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 21Jan 22AprJul
All of the gas went to a processing plant in the 8 months reportedShare of MILLARD E gas by disposition code each month, Dec 2021 to Sep 2022. All of the gas went to a processing plant in the 8 months reported.Share of gas by disposition code0%50%100%Jan 22Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Veteran Energy Transport INCOilGathers100Dec 13, 2021
Dcp Operating Company, LPCasinghead gasBuys100Dec 13, 2021
Dcp Operating Company, LPCasinghead gasGathers100Dec 13, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

172.10 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Millard E
API numberWell no.Acreson the permit
42-135-43830102172.10

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

10 months, newest first

Ledger for MILLARD E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Sep 202200000$84.26$7.88
Aug 2022019000$93.67$8.81
Jul 2022472092982980$101.62$7.28
Jun 20229418251,4131,4130$114.84$7.70
May 20221,2071,2131,7961,7960$109.55$8.14
Apr 20221,3291,3002,0382,0380$101.78$6.60
Mar 20221,7101,7682,4742,4740$108.50$4.90
Feb 20221,4301,4152,2862,2860$91.64$4.69
Jan 20222,4342,4653,2403,2400$83.22$4.38
Dec 20211,7231,6072,3832,3830$71.71$3.76

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorFounders Oil & Gas Operating,llcFieldPenwell (Wichita Albany)CountyEctor County

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

Newest in the county: this lease has no coordinates.