MILES BM
MILES BM is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Comstock Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2024 to August 2026, totalling 3,442,614 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 $4.9M, with roughly $1.9M 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 155,823 thousand cubic feet a month. Its strongest month on the record we hold was February 2025, at 394,454 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BM
- Who operates MILES BM?
- MILES BM is operated by Comstock Oil & Gas, LLC, Railroad Commission of Texas operator number 170038.
- Where is MILES BM?
- MILES BM is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 298913.
- Is MILES BM still producing?
- MILES BM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILES BM is August 2026.
- How much has MILES BM produced?
- MILES BM has reported 3,442,614 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2024 and August 2026, from 1 wellbore.
- How much is MILES BM worth?
- The remaining production from MILES BM is estimated to be worth about $4.9M in total as of 27 August 2026, within a range of $4.0M to $5.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILES BM is a fraction of it. The estimate fits an Arps decline curve to the production MILES BM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILES BM is an estimate of value, not an offer and not an appraisal.
- How much income does MILES BM generate in a year?
- MILES BM is forecast to net about $1.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MILES BM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Comstock Oil & Gas, LLC |
|---|---|
| Field | Bald Prairie (CV Consolidated) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 298913 |
| Wellbores | 1 |
| Reported production | 3,442,614 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.9M |
Where MILES BM 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.