TOM-MILLS 48G
TOM-MILLS 48G is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 282,310 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 $2.2M, with roughly $557K 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 783 barrels a month. Its strongest month on the record we hold was November 2017, at 26,603 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 TOM-MILLS 48G
- Who operates TOM-MILLS 48G?
- TOM-MILLS 48G is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is TOM-MILLS 48G?
- TOM-MILLS 48G is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49217.
- Is TOM-MILLS 48G still producing?
- TOM-MILLS 48G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOM-MILLS 48G is August 2026.
- How much has TOM-MILLS 48G produced?
- TOM-MILLS 48G has reported 282,310 barrels of oil (bbl) to the Railroad Commission of Texas between June 2017 and August 2026, from 1 wellbore.
- How much is TOM-MILLS 48G worth?
- The remaining production from TOM-MILLS 48G is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOM-MILLS 48G is a fraction of it. The estimate fits an Arps decline curve to the production TOM-MILLS 48G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TOM-MILLS 48G is an estimate of value, not an offer and not an appraisal.
- How much income does TOM-MILLS 48G generate in a year?
- TOM-MILLS 48G is forecast to net about $557K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOM-MILLS 48G receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 49217 |
| Wellbores | 1 |
| Reported production | 282,310 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where TOM-MILLS 48G 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.