MI DIA
MI DIA is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Xto Energy Inc. It has 6 wellbores on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 1,183,864 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 $52.8M, with roughly $15.3M 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 20,256 barrels a month, about 3,376 per wellbore. Its strongest month on the record we hold was October 2023, at 90,095 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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
- Who operates MI DIA?
- MI DIA is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is MI DIA?
- MI DIA is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61359.
- Is MI DIA still producing?
- MI DIA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MI DIA is August 2026.
- How much has MI DIA produced?
- MI DIA has reported 1,183,864 barrels of oil (bbl) to the Railroad Commission of Texas between August 2023 and August 2026, from 6 wellbores.
- How much is MI DIA worth?
- The remaining production from MI DIA is estimated to be worth about $52.8M in total as of 27 August 2026, within a range of $43.3M to $62.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MI DIA is a fraction of it. The estimate fits an Arps decline curve to the production MI DIA 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 is an estimate of value, not an offer and not an appraisal.
- How much income does MI DIA generate in a year?
- MI DIA is forecast to net about $15.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MI DIA 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 | 61359 |
| Wellbores | 6 |
| Reported production | 1,183,864 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $52.8M |
Where MI DIA 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.