MIDLAND FARMS "AM"

Operated by OCCIDENTAL PERMIAN LTD. (P-5 617544) in the INEZ (DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43372District 08Field 44521350Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.9 M
Jun 2012 – Oct 2019
Value, last 12 filed months
$86 k
at the published price for each month
Months reported
89
no gaps in the span
Streams
2
oil, casinghead 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 12 leases and 29 wells, and the rule below applies to all of them.

Discovered
1989-03-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,400 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1989-03-01.

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: EFF 05/21/2019

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
OilDisposition25,531 bbl$1,762,910
Casinghead gasProduction31,104 Mcf$95,461
Total$1,858,371

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 32.1788, -102.3600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17875, -102.36003 · 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
100.0%
1 of 1 wells
Median depth
10,500 ft
1 wells filed one
Completion to plug
13.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 10,500 ft.

Completions filed
Jun 2012
1 of 1 wells
Plug dates filed
Jul 2025
1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-003435371110,500 ftJun 2012Jul 2025Yes

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 (89)

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

89 months

Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201936535558.482.74$22,318
Apr 2019035662.632.75$979
Mar 201935836756.803.06$21,458
Feb 2019033050.852.79$921
Jan 201936236246.033.23$17,831
Dec 2018035046.594.19$1,465
Nov 201836434452.934.24$20,724
Oct 2018037161.443.40$1,261
Sep 201836037059.543.11$22,584
Aug 2018039659.403.07$1,214
Jul 201835540765.142.93$24,318
Jun 2018040160.183.08$1,234
May 201835442465.382.90$24,374
Apr 2018030763.842.90$891
Mar 201837440961.222.79$24,036
Feb 201834435661.782.77$22,237
Jan 201834438662.874.01$23,175
Dec 201735339457.272.92$21,367
Nov 2017039655.423.12$1,235
Oct 201735842749.292.98$18,920
Sep 2017043047.523.09$1,328
Aug 201735045745.373.00$17,253
Jul 201734444943.873.09$16,477
Jun 201735446942.493.09$16,489
May 2017048545.373.26$1,583
Apr 201735647647.933.21$18,592
Mar 201735749746.772.98$18,180
Feb 2017044350.452.95$1,308
Jan 201735448149.413.42$19,136
Dec 201635648548.763.72$19,164
Nov 201635348642.492.64$16,284
Oct 2016051946.193.09$1,604
Sep 201635648741.553.10$16,302
Aug 201639755241.442.92$18,066
Jul 2016055941.622.92$1,635
Jun 201635753845.352.69$17,635
May 201636352642.521.99$16,482
Apr 201633852236.561.99$13,397
Mar 2016053533.011.79$960
Feb 201636349026.472.06$10,620
Jan 201637351227.352.36$11,412
Dec 201536649132.362.00$12,826
Nov 201536148838.792.17$15,061
Oct 201536837843.552.43$16,944
Sep 2015050542.992.76$1,393
Aug 201534158140.162.87$15,363
Jul 201536958048.152.95$19,476
Jun 2015549056.152.88$30,826
May 201518057655.212.96$11,640
Apr 201556257749.822.71$29,561
Mar 2015057142.892.93$1,676
Feb 201537721544.662.98$17,477
Jan 2015016243.433.10$502
Dec 2014037454.693.59$1,343
Nov 2014037770.464.25$1,603
Oct 201433635278.303.90$27,682
Sep 2014052386.164.05$2,116
Aug 201436063789.394.04$34,751
Jul 2014063596.564.18$2,654
Jun 201435062298.164.74$37,302
May 20140094.734.73$0
Apr 2014356095.944.81$34,155
Mar 2014371095.895.06$35,575
Feb 2014343097.406.19$33,408
Jan 2014335090.404.86$30,284
Dec 2013350091.824.35$32,137
Nov 201334569688.853.74$33,255
Oct 2013341097.423.78$33,220
Sep 20133450104.113.72$35,918
Aug 201300104.253.52$0
Jul 20133400102.523.72$34,857
Jun 2013341094.403.93$32,190
May 2013339094.834.15$32,147
Apr 2013352093.964.28$33,074
Mar 2013318093.623.91$29,771
Feb 2013517091.233.42$47,166
Jan 2013521091.603.42$47,724
Dec 2012346086.773.42$30,022
Nov 2012687086.953.62$59,735
Oct 2012688089.383.40$61,493
Sep 2012345094.672.92$32,661
Aug 20121,380092.662.91$127,871
Jul 20122,3903,75585.133.02$214,804
Jun 2012010379.822.52$259

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 2019 — as filed, then multipliedworked
Oil                  365 bbl  × $ 58.48 =    $21,345
Casinghead gas       355 Mcf  × $  2.74 =       $973

────────────────────────────────────────────────────
Month total                                  $22,318

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. 08/O/43372 is the state's own key, not one this site invented.