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Texas oil lease · RRC district 08 · Lease 43901

Producing

MILLER 4

Miller 4 is an oil lease in Howard County, Texas, operated by Bayswater Operating Company LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 1,277 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

1,277bbl oil, last 12 months+478% vs prior year
RRC lease
08-43901

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County · RRC district 08Open Howard County →
Oil in Jul 2026
89 bbl
Reporting to the state
since Jan 2020
Wells
2
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output rose 478% over the last 12 months

1,277 bbl in the 12 months through Jul 2026, against 221 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output rose 478% over the last 12 monthsMonthly oil production for MILLER 4, Aug 2023 to Jul 2026. Oil output rose 478% over the last 12 months. 1,277 bbl in the 12 months through Jul 2026, against 221 bbl in the 12 months before.Last 12 months: 1,277 bblbbl per month050100150200250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 478% over the last 12 monthsMonthly oil production for MILLER 4, Aug 2023 to Jul 2026. Oil output rose 478% over the last 12 months. 1,277 bbl in the 12 months through Jul 2026, against 221 bbl in the 12 months before.Last 12 monthsbbl per month050100150200250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 43901, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Bayswater Operating Company LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeBayswater Operating Company LLC, Jan 2020 to Jul 20262020202120222023202420252026Bayswater Operating Company L…Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeBayswater Operating Company LLC, Jan 2020 to Jul 20262020202120222023202420252026Bayswater Operating Company LLCJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 43901 in district 08. The API number is the state’s ID for a well.
Wells on MILLER 4
API numberWell no.Status
42-227-369472Active
42-227-374743Shut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 43901.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Bml, Inc. B gathers it.

    100% of it, on the list since Jul 31, 2024

Companies that used to be listed: Dcp Operating Company, LP (gathers it, until Jul 31, 2024); Dcp Operating Company, LP (buys it, until Jul 31, 2024); Lion Oil Trading & Trans, LLC (gathers it, until Jul 31, 2024); Enlink Crude Purchasing LLC (gathers it, until Mar 1, 2019); Lpc Crude Oil Marketing LLC (gathers it, until Jan 1, 2019).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

314.90 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
22 not plugged
Horizontal
0
First completion
Oct 19, 2012
Latest permit
May 20, 2013
Wells and acres on the permits for Miller 4
API numberWell no.Acreson the permit
42-227-374743314.90
42-227-369472320

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says MILLER 4 sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for MILLER 4
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Bayswater Operating890$80.46$2.89
Jun 2026Bayswater Operating88169$84.81$3.15
May 2026Bayswater Operating950$102.13$2.94
Apr 2026Bayswater Operating91177$100.32$2.77
Mar 2026Bayswater Operating97184$91.38$3.04
Feb 2026Bayswater Operating1010$64.51$3.62
Jan 2026Bayswater Operating59184$60.04$7.72
Dec 2025Bayswater Operating940$57.97$4.26
Nov 2025Bayswater Operating104194$60.06$3.79
Oct 2025Bayswater Operating1020$60.89$3.19
Sep 2025Bayswater Operating234183$63.96$2.97
Aug 2025Bayswater Operating123191$64.86$2.91
Jul 2025Bayswater Operating2210$68.39$3.20
Jun 2025Bayswater Operating00$68.17$3.02
May 2025Bayswater Operating00$62.17$3.12
Apr 2025Bayswater Operating00$63.54$3.42
Mar 2025Bayswater Operating00$68.24$4.12
Feb 2025Bayswater Operating00$71.53$4.19
Jan 2025Bayswater Operating00$75.74$4.13
Dec 2024Bayswater Operating00$70.12$3.01
Nov 2024Bayswater Operating00$69.95$2.12
Oct 2024Bayswater Operating00$71.99$2.20
Sep 2024Bayswater Operating00$70.24$2.28
Aug 2024Bayswater Operating00$76.68$1.99
Jul 2024Bayswater Operating00$81.80$2.07
Jun 2024Bayswater Operating00$79.77$2.54
May 2024Bayswater Operating00$80.02$2.12
Apr 2024Bayswater Operating00$85.35$1.60
Mar 2024Bayswater Operating00$81.28$1.49
Feb 2024Bayswater Operating00$77.25$1.72
Jan 2024Bayswater Operating00$74.15$3.18
Dec 2023Bayswater Operating00$71.90$2.52
Nov 2023Bayswater Operating00$77.69$2.71
Oct 2023Bayswater Operating00$85.64$2.98
Sep 2023Bayswater Operating00$89.43$2.64
Aug 2023Bayswater Operating00$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

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Upload your statements for MILLER 4. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Bayswater Operating Company LLC.

  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

Bayswater Operating Company LLC in Howard County

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Spraberry (Trend Area) field

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How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 43901, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.