MILES UNIT
MILES UNIT is a Texas gas lease in Brazos County, Railroad Commission district 03, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2016 to August 2026, totalling 779,300 thousand cubic feet. 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 $234K, with roughly $111K 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 299 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 41,104 thousand cubic feet. 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 MILES UNIT
- Who operates MILES UNIT?
- MILES UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is MILES UNIT?
- MILES UNIT is a Texas gas lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 281287.
- Is MILES UNIT still producing?
- MILES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILES UNIT is August 2026.
- How much has MILES UNIT produced?
- MILES UNIT has reported 779,300 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2016 and August 2026, from 1 wellbore.
- How much is MILES UNIT worth?
- The remaining production from MILES UNIT is estimated to be worth about $234K in total as of 26 August 2026, within a range of $183K to $286K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MILES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MILES UNIT generate in a year?
- MILES UNIT is forecast to net about $111K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Giddings (Eagleford) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 281287 |
| Wellbores | 1 |
| Reported production | 779,300 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $234K |
Where MILES UNIT 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.