MIDLAND AX FEE UNIT

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46591District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$99.8 M
Jan 2015 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
137
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition1,523,121 bbl$77,263,220
Casinghead gasProduction6,917,449 Mcf$22,528,649
Total$99,791,869

Wells on this lease (12)

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 31.7583, -101.9817. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.75805, -101.97875 · 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 12 wells
With a plug date
0.0%
0 of 12 wells
Median depth
9,343 ft
12 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.
12100.0%

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

Total depth in feet, 12 of 12 wells. Median 9,343 ft, with the middle half between 1,270 and 9,633 ft; the shallowest is 1,238 ft and the deepest 10,646 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 12 of 12 wells, Jan 2015 – May 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 2015 – May 2022
12 of 12 wells

12 wells

42-329401917HA9,347 ftMay 2022
42-329401895HB8,903 ftJan 2022
42-329401928HB9,635 ftDec 2021
42-329400961HB9,619 ftOct 2021
42-329401906HD10,639 ftApr 2016
42-329400994HB9,632 ftFeb 2016
42-329400983HA9,338 ftJan 2016
42-329400972HD10,646 ftJan 2016
42-329400243WS1,265 ftApr 2015
42-329400231WS1,270 ftMar 2015
42-329398434WS1,238 ftJan 2015
42-329398422WS1,270 ftJan 2015

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 (137)

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

137 months

May 20262,04916,203106.413.05$267,386
Apr 20261,70715,64098.932.87$213,756
Mar 20262,67021,27489.753.15$306,634
Feb 20262,72518,19563.503.75$241,275
Jan 20261,02714,18359.138.00$174,161
Dec 20251,48219,12156.664.41$168,358
Nov 20253,12629,14358.593.93$297,581
Oct 20253,91835,16059.383.30$348,849
Sep 20253,31436,06062.743.08$318,874
Aug 20252,96445,37163.933.01$326,271
Jul 20252,48155,05266.743.32$348,090
Jun 20252,72443,91766.483.13$318,496
May 20252,76236,84760.553.23$286,340
Apr 20253,25431,05362.363.54$312,944
Mar 20252,90936,69267.704.27$353,553
Feb 20253,14237,46870.884.34$385,348
Jan 20253,19044,51674.324.28$427,551
Dec 20243,09841,20668.993.12$342,350
Nov 20243,14036,75869.052.20$297,627
Oct 20243,36835,53671.372.28$321,446
Sep 20243,16935,36069.612.36$304,198
Aug 20243,62540,39375.632.06$357,515
Jul 20244,47944,73079.932.15$454,023
Jun 20244,31952,16178.082.63$474,619
May 20242,90036,71178.812.20$309,256
Apr 20243,04931,47284.451.66$309,706
Mar 20244,83839,47580.301.55$449,485
Feb 20245,14337,58476.091.78$458,367
Jan 20245,23533,86073.023.30$493,918
Dec 20235,17530,11471.262.61$447,390
Nov 20234,58430,72877.892.81$443,318
Oct 20234,87142,53985.443.09$547,508
Sep 20233,26240,49089.042.74$401,190
Aug 20232,98637,64880.522.67$341,061
Jul 20233,70343,99174.852.64$393,385
Jun 20234,43440,84468.962.26$398,014
May 20233,60835,49470.622.23$333,856
Apr 20233,05940,56078.122.24$329,733
Mar 20233,42342,08172.852.39$350,072
Feb 20232,59129,07775.112.47$266,305
Jan 20233,37542,40576.533.39$401,945
Dec 20223,35341,50476.415.73$493,982
Nov 20225,41764,41985.005.65$824,168
Oct 20225,88565,89287.185.86$899,429
Sep 20225,36369,12784.888.16$1,019,542
Aug 20224,88959,95494.529.13$1,009,318
Jul 20225,52784,550101.587.54$1,199,116
Jun 20224,96248,733115.097.98$959,829
May 20225,23250,980109.378.43$1,002,140
Apr 20225,26852,442104.226.84$907,608
Mar 20226,52355,977108.885.08$994,386
Feb 20226,36050,56491.054.86$824,760
Jan 20227,04351,59381.844.54$810,512
Dec 20216,73448,94671.323.90$671,115
Nov 20216,93059,25577.435.24$846,899
Oct 20217,21248,61079.795.71$853,197
Sep 20215,68648,66169.865.35$657,605
Aug 20215,96644,49366.024.22$581,662
Jul 20215,40343,78070.783.98$556,760
Jun 20215,68054,99169.493.38$580,607
May 20217,78870,92863.483.02$708,420
Apr 20218,91170,54360.362.76$732,455
Mar 20219,92266,24561.302.72$788,202
Feb 20214,66133,23057.805.55$453,764
Jan 20217,76466,69250.412.81$578,806
Dec 20209,03662,42644.642.68$570,385
Nov 20207,59769,19338.772.71$481,811
Oct 20208,00174,67336.972.48$480,869
Sep 20208,37963,66537.091.99$437,537
Aug 20207,22063,59739.982.39$440,341
Jul 20207,525103,70938.371.83$478,016
Jun 202010,381106,93734.901.69$543,054
May 20209,55966,50016.921.81$282,419
Apr 20209,41476,60014.751.80$277,072
Mar 20209,98052,77530.341.86$400,756
Feb 20209,82560,59949.881.98$610,098
Jan 20208,41346,57057.252.09$579,196
Dec 20199,48950,59259.012.30$676,528
Nov 201910,36772,80455.302.75$773,557
Oct 20199,84154,80853.472.42$658,754
Sep 20198,33240,29255.052.66$565,744
Aug 20199,00156,64053.112.30$608,562
Jul 20198,74249,55456.272.46$613,818
Jun 20199,24545,25652.782.49$600,693
May 201911,81138,03358.482.74$794,930
Apr 20198,88952,01462.632.75$699,793
Mar 201911,78274,00256.803.06$895,819
Feb 201910,90160,67550.852.79$723,734
Jan 201910,39187,24246.033.23$759,931
Dec 201811,27981,15146.594.19$865,141
Nov 201812,22260,29752.934.24$902,403
Oct 201812,96559,87261.443.40$1,000,019
Sep 201815,38760,17159.543.11$1,103,153
Aug 201814,66549,57759.403.07$1,023,132
Jul 201814,19252,13065.142.93$1,077,306
Jun 201816,20564,62260.183.08$1,174,054
May 201820,05256,98865.382.90$1,476,311
Apr 201815,86137,62963.842.90$1,121,720
Mar 201814,93441,99561.222.79$1,031,293
Feb 201812,48751,23261.782.77$913,161
Jan 201815,87566,91562.874.01$1,266,345
Dec 201716,67340,04457.272.92$1,071,852
Nov 201715,72426,37355.423.12$953,665
Oct 201710,28126,39249.292.98$585,496
Sep 20179,57637,28547.523.09$570,161
Aug 201718,41768,27145.373.00$1,040,693
Jul 201718,81757,26643.873.09$1,002,298
Jun 201723,56081,44342.493.09$1,252,502
May 201723,97772,16245.373.26$1,323,330
Apr 201721,82460,28647.933.21$1,239,639
Mar 201725,98276,37346.772.98$1,443,051
Feb 201718,86269,38250.452.95$1,156,445
Jan 201723,66369,30649.413.42$1,406,132
Dec 201628,42879,29748.763.72$1,681,359
Nov 201625,48671,78242.492.64$1,272,717
Oct 201632,68480,14746.193.09$1,757,349
Sep 201625,94754,14841.553.10$1,245,991
Aug 201634,352102,00341.442.92$1,721,838
Jul 201640,442119,73941.622.92$2,033,354
Jun 201647,608128,66445.352.69$2,504,592
May 201666,231130,76842.521.99$3,076,506
Apr 201660,56796,53136.561.99$2,406,527
Mar 201681,000124,63133.011.79$2,897,399
Feb 201663,31291,79726.472.06$1,865,304
Jan 20168,88910,47627.352.36$267,883
Dec 201531,47641,47032.362.00$1,101,562
Nov 201547,29758,96138.792.17$1,962,439
Oct 201516,44421,49643.552.43$768,298
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$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.

May 2026 — as filed, then multipliedworked
Oil                2,049 bbl  × $106.41 =   $218,034
Casinghead gas    16,203 Mcf  × $  3.05 =    $49,352

────────────────────────────────────────────────────
Month total                                 $267,386

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/46591 is the state's own key, not one this site invented.