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MIDLAND FARMS AK -A-

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

Oil lease lease 51956District 08Field 44521340OilCasinghead gasSaveExport
Value, all time
$5.0 M
Jun 2019 – May 2026
Value, last 12 filed months
$883 k
at the published price for each month
Months reported
84
no gaps in the span
Streams
2
oil, casinghead gas

The INEZ (CONSOLIDATED) field

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 7 leases and 19 wells, and the rule below applies to all of them.

Discovered
1985-12-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
300 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2019-06-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 03/01/2020.”

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
OilDisposition74,323 bbl$4,958,980
Casinghead gasProduction14,385 Mcf$46,259
Total$5,005,240

Wells on this lease (6)

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 32.1365, -102.3987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.13682, -102.39826 · 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
66.7%
4 of 6 wells
With a plug date
66.7%
4 of 6 wells
Median depth
12,645 ft
6 wells filed one
Completion to plug
33.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
466.7%
A plug date is filed
466.7%
BothOn the schedule and plugged. Neither fact cancels the other.
466.7%
NeitherNo plug date, and not on the schedule.
233.3%

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

Between 12,469 and 12,751 ft, median 12,645 ft, over the 6 wells that filed a depth.

Completions filed
Oct 1975 – May 2022
6 of 6 wells
Plug dates filed
Apr 2020 – Jul 2025
4 of 6 wells; 2 filed none

Last completion to plug: a median of 33.3 years across the 4 wells that filed both dates, with the middle half between 23.6 years and 39.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-0033060720612,717 ftMay 2022Apr 2024Yes
42-0033108520812,610 ftJul 2014——
42-00310164201L12,480 ftJan 2003——
42-0031016819912,751 ftOct 1989Jul 2025Yes
42-0030430619512,469 ftJul 1989Apr 2020Yes
42-0033072520712,680 ftOct 1975May 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 (84)

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

84 months

May 2026869123106.413.05$92,845
Apr 202696457898.932.87$97,027
Mar 20261,13043689.753.15$102,791
Feb 202695334263.503.75$61,798
Jan 20261,28138959.138.00$78,857
Dec 20251,19732056.664.41$69,234
Nov 202572036758.593.93$43,626
Oct 202597032259.383.30$58,663
Sep 202591223562.743.08$57,942
Aug 20251,1271063.933.01$72,079
Jul 20251,20315866.743.32$80,812
Jun 20251,00018066.483.13$67,043
May 20251,23231160.553.23$75,603
Apr 202565423562.363.54$41,616
Mar 202583536867.704.27$58,100
Feb 202560620970.884.34$43,861
Jan 202595836074.324.28$72,739
Dec 20241,02246568.993.12$71,959
Nov 202478342369.052.20$54,996
Oct 202441540171.372.28$30,533
Sep 202472455569.612.36$51,710
Aug 202468942575.632.06$52,986
Jul 20240279.932.15$4
Jun 202467435578.082.63$53,561
May 202466652478.812.20$53,639
Apr 202464048984.451.66$54,859
Mar 202495151980.301.55$77,167
Feb 202486714576.091.78$66,229
Jan 202477713573.023.30$57,182
Dec 20231,00729171.262.61$72,519
Nov 202398817277.892.81$77,438
Oct 202331418685.443.09$27,402
Sep 20235796589.042.74$51,732
Aug 202379411080.522.67$64,227
Jul 20236263174.852.64$46,938
Jun 202389810568.962.26$62,163
May 20239937570.622.23$70,293
Apr 20238995478.122.24$70,351
Mar 20231,1619672.852.39$84,809
Feb 202394512375.112.47$71,282
Jan 202399013276.533.39$76,212
Dec 202287619876.415.73$68,070
Nov 202266125585.005.65$57,625
Oct 202278626587.185.86$70,077
Sep 20221,05932884.888.16$92,566
Aug 20221,213694.529.13$114,708
Jul 20227360101.587.54$74,763
Jun 20225410115.097.98$62,264
May 20228740109.378.43$95,589
Apr 20227620104.226.84$79,416
Mar 20228530108.885.08$92,875
Feb 2022560091.054.86$50,988
Jan 2022867081.844.54$70,955
Dec 2021915071.323.90$65,258
Nov 2021879077.435.24$68,061
Oct 20211,003079.795.71$80,029
Sep 2021904069.865.35$63,153
Aug 2021826066.024.22$54,533
Jul 2021100070.783.98$7,078
Jun 2021169069.493.38$11,744
May 2021398063.483.02$25,265
Apr 2021738060.362.76$44,546
Mar 2021997061.302.72$61,116
Feb 2021650057.805.55$37,570
Jan 20211,012050.412.81$51,015
Dec 20201,052044.642.68$46,961
Nov 2020942038.772.71$36,521
Oct 2020885036.972.48$32,718
Sep 2020892037.091.99$33,084
Aug 20201,035039.982.39$41,379
Jul 20201,022038.371.83$39,214
Jun 20201,152034.901.69$40,205
May 2020847016.921.81$14,331
Apr 20201,173014.751.80$17,302
Mar 20201,185030.341.86$35,953
Feb 20201,272049.881.98$63,447
Jan 20201,38014557.252.09$79,309
Dec 201996794259.012.30$59,233
Nov 20191,25387255.302.75$71,690
Oct 20199742653.472.42$52,143
Sep 20191,1381955.052.66$62,697
Aug 20191,32016253.112.30$70,479
Jul 20191,35821256.272.46$76,936
Jun 20191,08413452.782.49$57,547

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                  869 bbl  × $106.41 =    $92,470
Casinghead gas       123 Mcf  × $  3.05 =       $375

────────────────────────────────────────────────────
Month total                                  $92,845

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/51956 is the state's own key, not one this site invented.