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Texas gas well

Producing

CAPPS FARMS

Capps Farms is a gas well in Midland County, Texas, operated by Platform Operating, LLC in the Parks (Devonian) field.

1 well

20,262mcf gas, last 12 months−48% vs prior year
Operator
Platform Operating, LLC
County
Midland County
Field
Parks (Devonian)
RRC lease
08-291014

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Oil, last 12 months
1,472 bbl
Gas in Jul 2026
1,116 mcf

Production by month

Gas output fell 48% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 48% over the last 12 monthsMonthly gas production and oil for CAPPS FARMS, Aug 2023 to Jul 2026. Gas output fell 48% over the last 12 months. 20,262 mcf in the 12 months through Jul 2026, against 39,190 mcf in the 12 months before.Last 12 months: 20,262 mcfmcf per monthbbl per month002,5002005,0004007,50060010k80012.5k1,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 48% over the last 12 monthsMonthly gas production and oil for CAPPS FARMS, Aug 2023 to Jul 2026. Gas output fell 48% over the last 12 months. 20,262 mcf in the 12 months through Jul 2026, against 39,190 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,5002005,0004007,50060010k80012.5k1,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant

Flaring peaked at 100.0% of the gas in May 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plantShare of CAPPS FARMS gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 100.0% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: plant to fuelFlared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plantShare of CAPPS FARMS gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 100.0% of the gas in May 2024.Share of gas by disposition code0%50%100%Jul 26: plant to fuelFlared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    76% · 15,437 mcf

  • Lease fuel (1)

    21% · 4,207 mcf

  • Flared (4)

    3.1% · 618 mcf

3.1% of the gas flared in the last 12 months. 10 months above 3%.

1 well on this lease

Wells on CAPPS FARMS
API numberWell no.Status
42-329-444202HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.CondensateGathers100May 15, 2021
Dcp Midstream Marketing, LLCGas-well gasBuys100May 15, 2021
Dcp Operating Company, LPGas-well gasGathers100May 15, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

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320 acres on the newest permit

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Permits for Capps Farms
API numberWell no.Acreson the permit
42-329-444202H320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for CAPPS FARMS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265901,116500104$80.46$2.89
Jun 2026951811,0825870$84.81$3.15
May 20268001,491896155$102.13$2.94
Apr 2026921671,52097550$100.32$2.77
Mar 202611701,29168198$91.38$3.04
Feb 20261751752,0041,440102$64.51$3.62
Jan 202652163930309109$60.04$7.72
Dec 20252001842,8212,3490$57.97$4.26
Nov 20251781692,8512,5440$60.06$3.79
Oct 20251421812,5172,5170$60.89$3.19
Sep 20251871799569560$63.96$2.97
Aug 20259501,6831,6830$64.86$2.91
Jul 20251501751,7661,24014$68.39$3.20
Jun 20251201811,3411,3410$68.17$3.02
May 20251461802,1771,7590$62.17$3.12
Apr 202515301,8231,3420$63.54$3.42
Mar 20251411852,0361,5580$68.24$4.12
Feb 20251651853,3222,702158$71.53$4.19
Jan 20251111831,548783253$75.74$4.13
Dec 20249201,2261,2260$70.12$3.01
Nov 2024221761,9351,9350$69.95$2.12
Oct 20244393587,5977,5970$71.99$2.20
Sep 20244213546,8986,8980$70.24$2.28
Aug 20244175347,5217,4850$76.68$1.99
Jul 20243833614,8004,7500$81.80$2.07
Jun 202436835419019$79.77$2.54
May 202447253676076$80.02$2.12
Apr 202446835325000$85.35$1.60
Mar 20245075461,2439680$81.28$1.49
Feb 20245305288,2828,0750$77.25$1.72
Jan 20244975477,9247,8630$74.15$3.18
Dec 20234813507,5917,1570$71.90$2.52
Nov 20234795358,1807,63847$77.69$2.71
Oct 20232309,8909,28395$85.64$2.98
Sep 202350953210,1619,489177$89.43$2.64
Aug 202356672510,96910,141316$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorPlatform Operating, LLCFieldParks (Devonian)CountyMidland County

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