MI DIA 48 WD2
MI DIA 48 WD2 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 170,432 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 $22.4M, with roughly $4.5M 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 4,935 barrels a month. Its strongest month on the record we hold was December 2023, at 11,510 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 MI DIA 48 WD2
- Who operates MI DIA 48 WD2?
- MI DIA 48 WD2 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is MI DIA 48 WD2?
- MI DIA 48 WD2 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62433.
- Is MI DIA 48 WD2 still producing?
- MI DIA 48 WD2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MI DIA 48 WD2 is August 2026.
- How much has MI DIA 48 WD2 produced?
- MI DIA 48 WD2 has reported 170,432 barrels of oil (bbl) to the Railroad Commission of Texas between November 2023 and August 2026, from 1 wellbore.
- How much is MI DIA 48 WD2 worth?
- The remaining production from MI DIA 48 WD2 is estimated to be worth about $22.4M in total as of 27 August 2026, within a range of $18.6M to $26.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MI DIA 48 WD2 is a fraction of it. The estimate fits an Arps decline curve to the production MI DIA 48 WD2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MI DIA 48 WD2 is an estimate of value, not an offer and not an appraisal.
- How much income does MI DIA 48 WD2 generate in a year?
- MI DIA 48 WD2 is forecast to net about $4.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MI DIA 48 WD2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 62433 |
| Wellbores | 1 |
| Reported production | 170,432 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $22.4M |
Where MI DIA 48 WD2 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.