MILLER 36
MILLER 36 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Apache Corporation. It has 8 wellbores on file with the Commission. Reported production runs from July 2013 to August 2026, totalling 1,418,606 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 $10.0M, with roughly $2.4M 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 2,314 barrels a month, about 289 per wellbore. Its strongest month on the record we hold was July 2016, at 14,480 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 MILLER 36
- Who operates MILLER 36?
- MILLER 36 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is MILLER 36?
- MILLER 36 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18419.
- Is MILLER 36 still producing?
- MILLER 36 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLER 36 is August 2026.
- How much has MILLER 36 produced?
- MILLER 36 has reported 1,418,606 barrels of oil (bbl) to the Railroad Commission of Texas between July 2013 and August 2026, from 8 wellbores.
- How much is MILLER 36 worth?
- The remaining production from MILLER 36 is estimated to be worth about $10.0M in total as of 26 August 2026, within a range of $8.3M to $11.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLER 36 is a fraction of it. The estimate fits an Arps decline curve to the production MILLER 36 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLER 36 is an estimate of value, not an offer and not an appraisal.
- How much income does MILLER 36 generate in a year?
- MILLER 36 is forecast to net about $2.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILLER 36 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 18419 |
| Wellbores | 8 |
| Reported production | 1,418,606 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.0M |
Where MILLER 36 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.