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 - Oct 2025
Total Oil Production68,136 BBLs
Total Gas Production60,779 MCF
Recent Oil Production114 BBLs in Sep 2025
Recent Gas Production11 MCF in Sep 2025
Wells on Property3

Our Valuation Estimates for Rice WM. Institute -B

ShaleAssessment™

$3,474 *

MarketMultiple™

$11,164 **

* 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 Oct 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, TX1 BBLs130 MCFOct 2025
Arco FeeTyler County, TX5 BBLs0 MCFOct 2025
Arco-BeTyler County, TX1,220 BBLs1,327 MCFSep 2025
Baptist FoundationTyler County, TX313 BBLs0 MCFOct 2025
BP America A-62Tyler County, TX3 BBLs0 MCFOct 2025
BP GoodTyler County, TX77 BBLs17 MCFSep 2025
BP Honky TonkinTyler County, TX0 BBLs0 MCFAug 2025
BP JrTyler County, TX636 BBLs167 MCFSep 2025
BP Mercy SeatTyler County, TX5 BBLs0 MCFOct 2025
BP R Unit 1Tyler County, TX1,268 BBLs1,520 MCFOct 2025
BP Sittin On GoTyler County, TX1,103 BBLs433 MCFSep 2025
East Texas OilHardin County, TX1,168 BBLs496 MCFOct 2025
East Texas Oil Co Fee GTyler County, TX723 BBLs226 MCFOct 2025
Fletcher Nona MinHardin County, TX328 BBLs0 MCFSep 2025
Gallsworthy JimmieHardin County, TX0 BBLs0 MCFMar 2016
Kirby-McInnisTyler County, TX718 BBLs0 MCFSep 2025
NordinTyler County, TX551 BBLs0 MCFOct 2025
Reid-ObrienTyler County, TX2 BBLs0 MCFOct 2025
Trusty Gas UnitHardin County, TX0 BBLs0 MCFFeb 2023
WilliamsTyler County, TX483 BBLs1,037 MCFSep 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
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
TC Oil And Gas, LLC
Texana Operating Company

Owners of Rice WM. Institute -B

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MILESTONE OPERATING INCRICE WILLIAM INST -BMILESTONE OPER
2025WILLIAM MARSH RICE UNIVERSITYRICE WILLIAM INST -BMILESTONE OPER
2025GLICKENHAUS ENERGY CORPRICE WILLIAM INST -BMILESTONE OPER
2025RICE NEUHAUS FAMILY TRUSTSRICE WILLIAM INST -BMILESTONE OPER
2025NEFF FAMILY MINERALS LLCRICE WILLIAM INST -BMILESTONE OPER
2025QUILLEN JOAN FARISHRICE WILLIAM INST -BMILESTONE OPER
2025FARISH MINERALS LLCRICE WILLIAM INST -BMILESTONE OPER
2025BURK ROYALTY CO LTDRICE 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.