MILES 25C

MILES 25C is a Texas oil lease in Midland 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 January 2018 to August 2026, totalling 538,826 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 $2.8M, with roughly $775K 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 1,052 barrels a month. Its strongest month on the record we hold was February 2018, at 44,678 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 MILES 25C

Who operates MILES 25C?
MILES 25C is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is MILES 25C?
MILES 25C is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50282.
Is MILES 25C still producing?
MILES 25C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILES 25C is August 2026.
How much has MILES 25C produced?
MILES 25C has reported 538,826 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 1 wellbore.
How much is MILES 25C worth?
The remaining production from MILES 25C is estimated to be worth about $2.8M in total as of 26 August 2026, within a range of $2.4M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILES 25C is a fraction of it. The estimate fits an Arps decline curve to the production MILES 25C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILES 25C is an estimate of value, not an offer and not an appraisal.
How much income does MILES 25C generate in a year?
MILES 25C is forecast to net about $775K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILES 25C receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MILES 25C as filed with the Railroad Commission of Texas
OperatorPioneer Natural Res. USA, Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number50282
Wellbores1
Reported production538,826 bbl
First reported
Last reported
Estimated royalty value$2.8M

Where MILES 25C 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.