MIDWAY SOUTH M

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 297218District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Apr 2022 – May 2026
Value, last 12 filed months
$498 k
at the published price for each month
Months reported
50
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-1112024-09-12234650

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
CondensateDisposition95,505 bbl$8,227,799
GasProduction592,496 Mcf$2,820,549
Total$11,048,347

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 28.6542, -99.3653. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.65416, -99.36530 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,354 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
00.0%
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.
1100.0%

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 7,354 ft.

Completions filed
Apr 2022
1 of 1 wells

1 well

42-16334280138H7,354 ftApr 2022

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 (50)

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

50 months

May 20266501,795106.413.05$74,634
Apr 20265481,52698.932.87$58,593
Mar 20267111,79789.753.15$69,472
Feb 20263921,31363.503.75$29,816
Jan 20261059.138.00$59
Dec 20251056.664.41$57
Nov 2025845358.593.93$5,130
Oct 20255581,63059.383.30$38,521
Sep 20255061,37562.743.08$35,977
Aug 20255941,58863.933.01$42,762
Jul 20257482,37266.743.32$57,785
Jun 20251,1353,11766.483.13$85,207
May 2025974960.553.23$6,032
Apr 20257511,69162.363.54$52,824
Mar 202550322767.704.27$35,022
Feb 202599786570.884.34$74,422
Jan 20258161,36874.324.28$66,498
Dec 202454674568.993.12$39,994
Nov 20246851,06769.052.20$49,645
Oct 20248754,02771.372.28$71,636
Sep 20247633,93369.612.36$62,411
Aug 20246404,09975.632.06$56,862
Jul 20241,0935,74179.932.15$99,687
Jun 20241,2176,70678.082.63$112,687
May 20249547,32578.812.20$91,288
Apr 20249516,97784.451.66$91,888
Mar 20241,35412,87680.301.55$128,621
Feb 20241,78510,60176.091.78$154,729
Jan 20242,18613,71073.023.30$204,833
Dec 20231,99614,57571.262.61$180,286
Nov 20232,39014,99877.892.81$228,265
Oct 20232,16419,56985.443.09$245,307
Sep 20231,1996,00089.042.74$123,169
Aug 20231,68519,07780.522.67$186,667
Jul 20231,96321,95374.852.64$204,926
Jun 20231,93620,24568.962.26$179,229
May 20232,60123,63470.622.23$236,325
Apr 20232,48923,36678.122.24$246,728
Mar 20232,98725,34272.852.39$278,250
Feb 20233,22725,39975.112.47$305,006
Jan 20233,56426,46776.533.39$362,416
Dec 20223,99123,25476.415.73$438,176
Nov 20224,19914,14585.005.65$436,781
Oct 20223,78111,50287.185.86$397,073
Sep 20223,29718,88584.888.16$434,020
Aug 20226,29542,53994.529.13$983,264
Jul 20227,08043,408101.587.54$1,046,573
Jun 20227,86348,411115.097.98$1,291,137
May 20226,53538,860109.378.43$1,042,441
Apr 20222,12212,294104.226.84$305,216

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.

May 2026 — as filed, then multipliedworked
Condensate           650 bbl  × $106.41 =    $69,167
Gas                1,795 Mcf  × $  3.05 =     $5,467

────────────────────────────────────────────────────
Month total                                  $74,634

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/297218 is the state's own key, not one this site invented.