MUSGROVE MILLER 0904
MUSGROVE MILLER 0904 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 304,047 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 $1.3M, with roughly $516K 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 861 barrels a month. Its strongest month on the record we hold was August 2018, at 22,944 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 MUSGROVE MILLER 0904
- Who operates MUSGROVE MILLER 0904?
- MUSGROVE MILLER 0904 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is MUSGROVE MILLER 0904?
- MUSGROVE MILLER 0904 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50690.
- Is MUSGROVE MILLER 0904 still producing?
- MUSGROVE MILLER 0904 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MUSGROVE MILLER 0904 is August 2026.
- How much has MUSGROVE MILLER 0904 produced?
- MUSGROVE MILLER 0904 has reported 304,047 barrels of oil (bbl) to the Railroad Commission of Texas between July 2018 and August 2026, from 1 wellbore.
- How much is MUSGROVE MILLER 0904 worth?
- The remaining production from MUSGROVE MILLER 0904 is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MUSGROVE MILLER 0904 is a fraction of it. The estimate fits an Arps decline curve to the production MUSGROVE MILLER 0904 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MUSGROVE MILLER 0904 is an estimate of value, not an offer and not an appraisal.
- How much income does MUSGROVE MILLER 0904 generate in a year?
- MUSGROVE MILLER 0904 is forecast to net about $516K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MUSGROVE MILLER 0904 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 50690 |
| Wellbores | 1 |
| Reported production | 304,047 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where MUSGROVE MILLER 0904 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.