LYDA MILES
LYDA MILES is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Friemel, Paul D. & Assoc., Inc. It has 22 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 465,362 barrels. 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 $1.7M, with roughly $383K 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 654 barrels a month, about 30 per wellbore. Its strongest month on the record we hold was March 2022, at 1,960 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LYDA MILES
- Who operates LYDA MILES?
- LYDA MILES is operated by Friemel, Paul D. & Assoc., Inc., Railroad Commission of Texas operator number 286546.
- Where is LYDA MILES?
- LYDA MILES is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28969.
- Is LYDA MILES still producing?
- LYDA MILES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LYDA MILES is August 2026.
- How much has LYDA MILES produced?
- LYDA MILES has reported 465,362 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 22 wellbores.
- How much is LYDA MILES worth?
- The remaining production from LYDA MILES is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LYDA MILES is a fraction of it. The estimate fits an Arps decline curve to the production LYDA MILES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LYDA MILES is an estimate of value, not an offer and not an appraisal.
- How much income does LYDA MILES generate in a year?
- LYDA MILES is forecast to net about $383K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LYDA MILES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Friemel, Paul D. & Assoc., Inc. |
|---|---|
| Field | Fuhrman-Mascho |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 28969 |
| Wellbores | 22 |
| Reported production | 465,362 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where LYDA MILES 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.