MILLER STATE 30
MILLER STATE 30 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from April 2017 to August 2026, totalling 8,976 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 $3K, with roughly $628 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 1 barrels a month. Its strongest month on the record we hold was January 2019, at 1,620 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MILLER STATE 30
- Who operates MILLER STATE 30?
- MILLER STATE 30 is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is MILLER STATE 30?
- MILLER STATE 30 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48578.
- Is MILLER STATE 30 still producing?
- MILLER STATE 30 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLER STATE 30 is August 2026.
- How much has MILLER STATE 30 produced?
- MILLER STATE 30 has reported 8,976 barrels of oil (bbl) to the Railroad Commission of Texas between April 2017 and August 2026, from 1 wellbore.
- How much is MILLER STATE 30 worth?
- The remaining production from MILLER STATE 30 is estimated to be worth about $3K in total as of 27 August 2026, within a range of $0 to $7K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLER STATE 30 is a fraction of it. The estimate fits an Arps decline curve to the production MILLER STATE 30 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLER STATE 30 is an estimate of value, not an offer and not an appraisal.
- How much income does MILLER STATE 30 generate in a year?
- MILLER STATE 30 is forecast to net about $628 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILLER STATE 30 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 48578 |
| Wellbores | 1 |
| Reported production | 8,976 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where MILLER STATE 30 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.