MILOM, OCA

MILOM, OCA is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2003 to August 2026, totalling 697,030 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $361K, with roughly $58K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 2,245 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 3,355 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about MILOM, OCA

Who operates MILOM, OCA?
MILOM, OCA is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
Where is MILOM, OCA?
MILOM, OCA is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 194874.
Is MILOM, OCA still producing?
MILOM, OCA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILOM, OCA is August 2026.
How much has MILOM, OCA produced?
MILOM, OCA has reported 697,030 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2003 and August 2026, from 1 wellbore.
How much is MILOM, OCA worth?
The remaining production from MILOM, OCA is estimated to be worth about $361K in total as of 27 August 2026, within a range of $300K to $423K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILOM, OCA is a fraction of it. The estimate fits an Arps decline curve to the production MILOM, OCA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILOM, OCA is an estimate of value, not an offer and not an appraisal.
How much income does MILOM, OCA generate in a year?
MILOM, OCA is forecast to net about $58K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILOM, OCA receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MILOM, OCA as filed with the Railroad Commission of Texas
OperatorBP America Production Company
FieldHemphill (Granite Wash.)
CountyHemphill County, Texas
RRC district10
Lease number194874
Wellbores1
Reported production697,030 mcf
First reported
Last reported
Estimated royalty value$361K

Where MILOM, OCA sits

Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.