Rice WM. Institute -B

Oil & Gas Property in Tyler County, TX

  2. Texas
  3. Tyler County, TX
  4. Oil & Gas Properties in Tyler County, TX
  5. Rice WM. Institute -B Oil & Gas Property

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Property Summary

Key data points for Rice WM. Institute -B

CountyTyler County, TX
OperatorMILESTONE OPERATING, INC.
Production DatesJan 1993 - Jan 2025
Total Oil Production67,264 BBLs
Total Gas Production60,704 MCF
Recent Oil Production46 BBLs in Dec 2024
Recent Gas Production5 MCF in Dec 2024
Wells on Property3

Our Valuation Estimates for Rice WM. Institute -B

ShaleAssessment™

$4,048 *

MarketMultiple™

$12,149 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Rice WM. Institute -B Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Rice WM. Institute -B
from Jan 1993 to Jan 2025

Wells on Rice WM. Institute -B

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-457-00183RICE WM. INSTITUTE -B- 5MILESTONE OPERATING, INC.ProducingTyler County, TX30.559128-94.351732
42-457-00194RICE WM. INSTITUTE -B- 2DMILESTONE OPERATING, INC.InjectionTyler County, TX30.560840-94.356343
42-457-00478RICE, WM. INSTITUTE -B- 1DMILESTONE OPERATING, INC.Dry HoleTyler County, TX30.558737-94.369125

Leases included in Rice WM. Institute -B

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-02087RICE, WM. INSTITUTE -B-MILESTONE OPERATING, INC.Tyler County, TX

Nearby Properties

These are the closest 20 properties to the Rice WM. Institute -B property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArcoHardin County, TX5 BBLs75 MCFJan 2025
Arco FeeTyler County, TX5 BBLs0 MCFJan 2025
Arco-BeTyler County, TX1,723 BBLs2,348 MCFJan 2025
Baptist FoundationTyler County, TX446 BBLs0 MCFDec 2024
BP America A-62Tyler County, TX3 BBLs0 MCFJan 2025
BP GoodTyler County, TX71 BBLs79 MCFJan 2025
BP Honky TonkinTyler County, TX6 BBLs58 MCFDec 2024
BP JrTyler County, TX771 BBLs514 MCFJan 2025
BP Mercy SeatTyler County, TX7 BBLs0 MCFJan 2025
BP Sittin On GoTyler County, TX439 BBLs697 MCFJan 2025
Brown WM. S. FeeTyler County, TX0 BBLs0 MCFJun 2014
East Texas OilHardin County, TX1,392 BBLs781 MCFJan 2025
East Texas Oil Co. Fee GTyler County, TX135 BBLs52 MCFJan 2025
Fletcher Nona MinHardin County, TX235 BBLs0 MCFJan 2025
Gallsworthy JimmieHardin County, TX0 BBLs0 MCFMar 2016
Kirby-McInnisTyler County, TX717 BBLs0 MCFDec 2024
NordinTyler County, TX451 BBLs0 MCFDec 2024
Reid-ObrienTyler County, TX10 BBLs0 MCFJan 2025
Trusty Gas UnitHardin County, TX0 BBLs0 MCFFeb 2023
WilliamsTyler County, TX587 BBLs1,186 MCFJan 2025

Companies in the Area

These are the closest 20 companies operating near the Rice WM. Institute -B property.

Company Name
Anderson Producing, Inc.
Arco Oil & Gas Co.-Silsbee
Arco Oil & Gas Company
Chaparral Energy, L.L.C.
Davis Southern Operating Co LLC
DSTJ Corporation
Exxon Corporation
Fort Apache Energy, Inc.
Foundation Energy Management, LLC
H.E.R. Operating, LLC
Lucky Lad Energy, LLC
McLeod, George L. Inc.
Merit Energy Company
Milestone Operating, Inc.
Miller Energy Inc
Murphy Exploration & Prod. Co.
Neches Transport Inc.
Rio Bravo Oil Company
Southcoast Production Inc
Texana Operating Company

Owners of Rice WM. Institute -B

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MILESTONE OPERATING INCRICE WILLIAM INST -BMILESTONE OPER
2024WILLIAM MARSH RICE UNIVERSITYRICE WILLIAM INST -BMILESTONE OPER
2024GLICKENHAUS ENERGY CORPRICE WILLIAM INST -BMILESTONE OPER
2024RICE NEUHAUS FAMILY TRUSTSRICE WILLIAM INST -BMILESTONE OPER
2024NEFF FAMILY MINERALS LLCRICE WILLIAM INST -BMILESTONE OPER
2024QUILLEN JOAN FARISHRICE WILLIAM INST -BMILESTONE OPER
2024FARISH MINERALS LLCRICE WILLIAM INST -BMILESTONE OPER
2024ERGON ENERGY PARTNERS LPRICE WILLIAM INST -BMILESTONE OPER

Oil & Gas Sales on Rice WM. Institute -B

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-02087RICE, WM. INSTITUTE -B-Oct 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Sep 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Sep 2024MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Aug 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Aug 2024MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Jul 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Jul 2024MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Jun 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Jun 2024MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-May 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-May 2024MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Apr 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Apr 2024MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Mar 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Mar 2024MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Feb 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Feb 2024MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Jan 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Jan 2024MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Dec 2023GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Dec 2023MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Nov 2023GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Nov 2023MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Oct 2023GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Oct 2023MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.