TOM-MILLS 48I
TOM-MILLS 48I 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 March 2018 to August 2026, totalling 539,505 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 $3.3M, with roughly $987K 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 1,494 barrels a month. Its strongest month on the record we hold was July 2018, at 35,602 barrels. 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 TOM-MILLS 48I
- Who operates TOM-MILLS 48I?
- TOM-MILLS 48I is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is TOM-MILLS 48I?
- TOM-MILLS 48I is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50091.
- Is TOM-MILLS 48I still producing?
- TOM-MILLS 48I is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOM-MILLS 48I is August 2026.
- How much has TOM-MILLS 48I produced?
- TOM-MILLS 48I has reported 539,505 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 1 wellbore.
- How much is TOM-MILLS 48I worth?
- The remaining production from TOM-MILLS 48I is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOM-MILLS 48I is a fraction of it. The estimate fits an Arps decline curve to the production TOM-MILLS 48I 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 48I is an estimate of value, not an offer and not an appraisal.
- How much income does TOM-MILLS 48I generate in a year?
- TOM-MILLS 48I is forecast to net about $987K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOM-MILLS 48I 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 | 50091 |
| Wellbores | 1 |
| Reported production | 539,505 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where TOM-MILLS 48I 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.