MIDWAY I

Operated by TRINITY OPERATING (USG), LLC (P-5 870209) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 296986District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.4 M
Aug 2021 – May 2026
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
58
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-04-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none
ST-1112024-08-20234644

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition103,962 bbl$9,059,224
GasProduction382,565 Mcf$2,338,655
Total$11,397,880

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.7079, -99.3901. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.70792, -99.39005 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,128 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,128 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-16334250129H7,128 ftSep 2021Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (58)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

58 months

May 202600106.413.05$0
Apr 20265098.932.87$495
Mar 202677089.753.15$6,911
Feb 2026176063.503.75$11,176
Jan 2026100059.138.00$5,913
Dec 202597056.664.41$5,496
Nov 202575058.593.93$4,394
Oct 20251401759.383.30$8,369
Sep 2025112062.743.08$7,027
Aug 2025147063.933.01$9,398
Jul 2025255066.743.32$17,019
Jun 202510666.483.13$684
May 202517060.553.23$1,029
Apr 20250062.363.54$0
Mar 20251067.704.27$68
Feb 20250870.884.34$35
Jan 202510074.324.28$743
Dec 202421468.993.12$182
Nov 20241969.052.20$89
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20243075.632.06$227
Jul 202422079.932.15$1,758
Jun 20249062,18178.082.63$76,485
May 20241,5944,54978.812.20$135,624
Apr 20242194484.451.66$18,568
Mar 20247951,62080.301.55$66,342
Feb 202469253776.091.78$53,612
Jan 20241,1561,41473.023.30$89,074
Dec 20232821,76871.262.61$24,711
Nov 202358677.892.81$631
Oct 202313513985.443.09$11,964
Sep 20237521589.042.74$7,266
Aug 202316126080.522.67$13,659
Jul 202333650574.852.64$26,484
Jun 202318017868.962.26$12,815
May 202315010670.622.23$10,829
Apr 202331622278.122.24$25,183
Mar 20233065072.852.39$22,412
Feb 20233502375.112.47$26,345
Jan 202361334276.533.39$48,071
Dec 20221,0771,38076.415.73$90,200
Nov 20221,9143,34885.005.65$181,593
Oct 202261230387.185.86$55,131
Sep 20224,25926,19184.888.16$575,319
Aug 20224,28226,40194.529.13$645,701
Jul 20224,07525,832101.587.54$608,766
Jun 20224,30125,638115.097.98$699,522
May 20225,78128,799109.378.43$875,131
Apr 20226,57329,807104.226.84$888,846
Mar 20227,20936,084108.885.08$968,093
Feb 20226,93132,92391.054.86$791,035
Jan 20229,48934,14381.844.54$931,510
Dec 202111,21333,70871.323.90$931,143
Nov 202112,21532,89277.435.24$1,118,058
Oct 202110,07622,29979.795.71$931,378
Sep 20214,4348,52469.865.35$355,370
Aug 20210066.024.22$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Condensate             5 bbl  × $ 98.93 =       $495
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                     $495

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/296986 is the state's own key, not one this site invented.