TOM-MILLS 48K
TOM-MILLS 48K 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 February 2022 to August 2026, totalling 174,148 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 $2.3M, with roughly $925K 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 1,395 barrels a month. Its strongest month on the record we hold was March 2022, at 10,916 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 48K
- Who operates TOM-MILLS 48K?
- TOM-MILLS 48K is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is TOM-MILLS 48K?
- TOM-MILLS 48K is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57175.
- Is TOM-MILLS 48K still producing?
- TOM-MILLS 48K is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOM-MILLS 48K is August 2026.
- How much has TOM-MILLS 48K produced?
- TOM-MILLS 48K has reported 174,148 barrels of oil (bbl) to the Railroad Commission of Texas between February 2022 and August 2026, from 1 wellbore.
- How much is TOM-MILLS 48K worth?
- The remaining production from TOM-MILLS 48K is estimated to be worth about $2.3M in total as of 27 August 2026, within a range of $1.9M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOM-MILLS 48K is a fraction of it. The estimate fits an Arps decline curve to the production TOM-MILLS 48K 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 48K is an estimate of value, not an offer and not an appraisal.
- How much income does TOM-MILLS 48K generate in a year?
- TOM-MILLS 48K is forecast to net about $925K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TOM-MILLS 48K 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 | 57175 |
| Wellbores | 1 |
| Reported production | 174,148 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where TOM-MILLS 48K 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.