13 MILES
13 MILES is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Bright & Co. It has 1 wellbore on file with the Commission. Reported production runs from October 2004 to August 2026, totalling 109,345 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 $630K, with roughly $175K 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 278 barrels a month. Its strongest month on the record we hold was November 2023, at 525 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 13 MILES
- Who operates 13 MILES?
- 13 MILES is operated by Bright & Co., Railroad Commission of Texas operator number 093125.
- Where is 13 MILES?
- 13 MILES is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37438.
- Is 13 MILES still producing?
- 13 MILES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for 13 MILES is August 2026.
- How much has 13 MILES produced?
- 13 MILES has reported 109,345 barrels of oil (bbl) to the Railroad Commission of Texas between October 2004 and August 2026, from 1 wellbore.
- How much is 13 MILES worth?
- The remaining production from 13 MILES is estimated to be worth about $630K in total as of 26 August 2026, within a range of $491K to $768K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in 13 MILES is a fraction of it. The estimate fits an Arps decline curve to the production 13 MILES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for 13 MILES is an estimate of value, not an offer and not an appraisal.
- How much income does 13 MILES generate in a year?
- 13 MILES is forecast to net about $175K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in 13 MILES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bright & Co. |
|---|---|
| Field | Ellwood (Mississippian) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 37438 |
| Wellbores | 1 |
| Reported production | 109,345 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $630K |
Where 13 MILES 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.