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Texas oil lease

Producing

MI DIA 48 WD2

Mi Dia 48 Wd2 is an oil lease in Ward County, Texas, operated by XTO Energy Inc. in the Phantom (Wolfcamp) field.

1 well

57,038bbl oil, last 12 months−16% vs prior year
RRC lease
08-62433

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
586,133 mcf
Oil in Jul 2026
4,680 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Jun 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 16% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for MI DIA 48 WD2, Nov 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 57,038 bbl in the 12 months through Jul 2026, against 67,833 bbl in the 12 months before.Last 12 months: 57,038 bblbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for MI DIA 48 WD2, Nov 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 57,038 bbl in the 12 months through Jul 2026, against 67,833 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of MI DIA 48 WD2 gas by disposition code each month, Nov 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of MI DIA 48 WD2 gas by disposition code each month, Nov 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 585,784 mcf

  • Flared (4)

    0.1% · 349 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on MI DIA 48 WD2
API numberWell no.Status
42-475-38449902HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Brazos Midstream Operating, LLCOilGathers100Nov 9, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Jun 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Nov 9, 2023–
Energy Transfer CompanyCasinghead gasBuys100Nov 9, 2023Jun 1, 2026

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

832 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for Mi Dia 48 Wd2
API numberWell no.Acreson the permit
42-475-38449902H832

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

33 months, newest first

Ledger for MI DIA 48 WD2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,6804,61723,44223,4366$80.46$2.89
Jun 20264,4144,42046,21246,16349$84.81$3.15
May 20265,2635,26065,19965,1918$102.13$2.94
Apr 20265,1745,17458,75958,68574$100.32$2.77
Mar 20264,4954,48253,23253,21517$91.38$3.04
Feb 20264,3294,34644,06344,0558$64.51$3.62
Jan 20264,0994,12747,63247,58547$60.04$7.72
Dec 20254,6684,68353,11053,1028$57.97$4.26
Nov 20256,2946,28561,20761,2070$60.06$3.79
Oct 20256,2656,20965,64565,524121$60.89$3.19
Sep 20252,6082,63121,20221,1975$63.96$2.97
Aug 20254,7494,76146,43046,4246$64.86$2.91
Jul 20255,6575,67247,57347,5730$68.39$3.20
Jun 20254,6714,68037,91237,9093$68.17$3.02
May 20256,2086,23262,49562,4950$62.17$3.12
Apr 20255,0325,01152,74852,69751$63.54$3.42
Mar 20256,4816,47971,64271,6357$68.24$4.12
Feb 20255,5495,56467,80567,8050$71.53$4.19
Jan 20255,9875,95074,87474,8740$75.74$4.13
Dec 20246,7796,80371,16269,9151,247$70.12$3.01
Nov 20247,1067,11572,91272,9120$69.95$2.12
Oct 20247,3047,25574,15674,1560$71.99$2.20
Sep 20243,3033,28429,23929,15089$70.24$2.28
Aug 20243,7563,73930,41030,36446$76.68$1.99
Jul 20243,4323,42626,55526,45798$81.80$2.07
Jun 20242,9032,93924,46224,4620$79.77$2.54
May 20245,1305,10239,41239,4120$80.02$2.12
Apr 20245,0305,02137,89737,87027$85.35$1.60
Mar 20245,4315,47241,07941,05722$81.28$1.49
Feb 20246,3586,35048,97648,92353$77.25$1.72
Jan 20246,5256,58148,15747,943214$74.15$3.18
Dec 202311,51011,47895,46494,740724$71.90$2.52
Nov 20238,3368,25068,25268,086166$77.69$2.71

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

XTO Energy Inc. in Ward County

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