MILTON

MILTON is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Sm Energy Company. It has 6 wellbores on file with the Commission. Reported production runs from May 2020 to August 2026, totalling 2,028,749 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $564K, with roughly $145K expected over the next twelve months.

OperatorSm Energy Company
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number55072
Wellbores6
Reported production2,028,749 bbl
First reportedMay 2020
Last reportedAugust 2026
Estimated royalty value$564K

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.