MILLER STATE 152

MILLER STATE 152 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 140,232 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 $697K, with roughly $131K 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 348 barrels a month, about 174 per wellbore. Its strongest month on the record we hold was November 2019, at 8,177 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 MILLER STATE 152

Who operates MILLER STATE 152?
MILLER STATE 152 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
Where is MILLER STATE 152?
MILLER STATE 152 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48165.
Is MILLER STATE 152 still producing?
MILLER STATE 152 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MILLER STATE 152 is August 2026.
How much has MILLER STATE 152 produced?
MILLER STATE 152 has reported 140,232 barrels of oil (bbl) to the Railroad Commission of Texas between November 2016 and August 2026, from 2 wellbores.
How much is MILLER STATE 152 worth?
The remaining production from MILLER STATE 152 is estimated to be worth about $697K in total as of 26 August 2026, within a range of $544K to $850K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MILLER STATE 152 is a fraction of it. The estimate fits an Arps decline curve to the production MILLER STATE 152 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MILLER STATE 152 is an estimate of value, not an offer and not an appraisal.
How much income does MILLER STATE 152 generate in a year?
MILLER STATE 152 is forecast to net about $131K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MILLER STATE 152 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MILLER STATE 152 as filed with the Railroad Commission of Texas
OperatorAnadarko E&P Onshore LLC
FieldSandbar (Bone Spring)
CountyWard County, Texas
RRC district08
Lease number48165
Wellbores2
Reported production140,232 bbl
First reported
Last reported
Estimated royalty value$697K

Where MILLER STATE 152 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.