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 - Apr 2025
Total Oil Production67,510 BBLs
Total Gas Production60,720 MCF
Recent Oil Production70 BBLs in Mar 2025
Recent Gas Production3 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for Rice WM. Institute -B

ShaleAssessment™

$3,857 *

MarketMultiple™

$8,696 **

* 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 Apr 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, TX18 BBLs688 MCFApr 2025
Arco FeeTyler County, TX4 BBLs0 MCFApr 2025
Arco-BeTyler County, TX1,532 BBLs4,698 MCFApr 2025
Baptist FoundationTyler County, TX441 BBLs0 MCFMar 2025
BP America A-62Tyler County, TX2 BBLs0 MCFApr 2025
BP GoodTyler County, TX48 BBLs62 MCFApr 2025
BP Honky TonkinTyler County, TX0 BBLs0 MCFApr 2025
BP JrTyler County, TX641 BBLs2,232 MCFApr 2025
BP Mercy SeatTyler County, TX5 BBLs0 MCFApr 2025
BP R Unit 1Tyler County, TX1,286 BBLs14,453 MCFApr 2025
BP Sittin On GoTyler County, TX440 BBLs581 MCFApr 2025
Brown WM. S. FeeTyler County, TX0 BBLs0 MCFJun 2014
East Texas OilHardin County, TX1,597 BBLs423 MCFApr 2025
East Texas Oil Co. Fee GTyler County, TX381 BBLs65 MCFApr 2025
Gallsworthy JimmieHardin County, TX0 BBLs0 MCFOct 2014
Kirby-McInnisTyler County, TX881 BBLs0 MCFMar 2025
NordinTyler County, TX438 BBLs0 MCFMar 2025
Reid-ObrienTyler County, TX10 BBLs0 MCFApr 2025
Trusty Gas UnitHardin County, TX0 BBLs0 MCFFeb 2023
WilliamsTyler County, TX600 BBLs3,144 MCFApr 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.
Olipdp II, LLC
Rio Bravo Oil Company
Southcoast Production Inc

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-Apr 2025GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Mar 2025GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Mar 2025MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Feb 2025GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Feb 2025MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Jan 2025MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Dec 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Dec 2024MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Nov 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Nov 2024MILESTONE OPERATING, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Oct 2024GULFMARK ENERGY, INC.MILESTONE OPERATING, INC.
03-02087RICE, WM. INSTITUTE -B-Oct 2024MILESTONE OPERATING, 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.