MILES 25E

MILES 25E 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 372,190 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 $4.8M, with roughly $981K 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 989 barrels a month. Its strongest month on the record we hold was February 2018, at 44,915 barrels. 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 25E

Who operates MILES 25E?
MILES 25E is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is MILES 25E?
MILES 25E is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50092.
Is MILES 25E still producing?
MILES 25E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILES 25E is August 2026.
How much has MILES 25E produced?
MILES 25E has reported 372,190 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 1 wellbore.
How much is MILES 25E worth?
The remaining production from MILES 25E is estimated to be worth about $4.8M in total as of 26 August 2026, within a range of $3.8M to $5.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILES 25E is a fraction of it. The estimate fits an Arps decline curve to the production MILES 25E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILES 25E is an estimate of value, not an offer and not an appraisal.
How much income does MILES 25E generate in a year?
MILES 25E is forecast to net about $981K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILES 25E receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MILES 25E as filed with the Railroad Commission of Texas
OperatorPioneer Natural Res. USA, Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number50092
Wellbores1
Reported production372,190 bbl
First reported
Last reported
Estimated royalty value$4.8M

Where MILES 25E 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.