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Texas oil lease

Producing

HIDEE C 31-38 LS

Hidee C 31-38 LS is an oil lease in Midland County, Texas, operated by Fourpoint Energy, LLC in the Spraberry (Trend Area) field.

1 well

112,690bbl oil, last 12 months
Operator
Fourpoint Energy, LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-63817

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
299,148 mcf
Oil in Jul 2026
5,532 bbl

Production by month

Oil output fell 70% since Jun 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 70% since Jun 2025Monthly oil production and gas for HIDEE C 31-38 LS, Jun 2025 to Jul 2026. Oil output fell 70% since Jun 2025. Monthly average of 5,556 bbl in the latest 3 months, against 18,558 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJul 25OctJan 26AprJul
Oil output fell 70% since Jun 2025Monthly oil production and gas for HIDEE C 31-38 LS, Jun 2025 to Jul 2026. Oil output fell 70% since Jun 2025. Monthly average of 5,556 bbl in the latest 3 months, against 18,558 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a processing plant in the last 12 months

Flaring peaked at 24.5% of the gas in Jan 2026.

  • Processing plant (3)
  • Flared (4)
92% of the gas went to a processing plant in the last 12 monthsShare of HIDEE C 31-38 LS gas by disposition code each month, Jun 2025 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months. Flaring peaked at 24.5% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 24.5%Jul 25OctJan 26AprJul
92% of the gas went to a processing plant in the last 12 monthsShare of HIDEE C 31-38 LS gas by disposition code each month, Jun 2025 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months. Flaring peaked at 24.5% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Flared 24.5%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 273,998 mcf

  • Flared (4)

    8.4% · 25,150 mcf

8.4% of the gas flared in the last 12 months. 11 months above 3%.

1 well on this lease

Wells on HIDEE C 31-38 LS
API numberWell no.Status
42-329-474673003HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jun 11, 2025
Energy Transfer CompanyCasinghead gasBuys100Jun 11, 2025
Energy Transfer CompanyCasinghead gasGathers100Jun 11, 2025

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

Who buys my oilOil price check

646.66 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

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Permits for Hidee C 31-38 LS
API numberWell no.Acreson the permit
42-329-474673003H646.66

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

Unit decimal checker

Estimate your royalty

14 months, newest first

Ledger for HIDEE C 31-38 LS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,5325,55621,79520,888907$80.46$2.89
Jun 20265,2115,25421,00520,129876$84.81$3.15
May 20265,9245,89021,16321,1630$102.13$2.94
Apr 20266,5616,57824,72321,6203,103$100.32$2.77
Mar 20267,3457,34124,38822,5911,797$91.38$3.04
Feb 20267,1567,15822,36818,5673,801$64.51$3.62
Jan 20268,9408,93325,74819,4306,318$60.04$7.72
Dec 20259,9169,87625,95225,89458$57.97$4.26
Nov 202510,66010,68026,62924,8671,762$60.06$3.79
Oct 202512,17312,15226,57224,8791,693$60.89$3.19
Sep 202514,27114,27228,51427,2191,295$63.96$2.97
Aug 202519,00119,05230,29126,7513,540$64.86$2.91
Jul 202523,62823,63618,73415,0993,635$68.39$3.20
Jun 202513,04412,8848,5628,375187$68.17$3.02

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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Nearby

This lease belongs to

OperatorFourpoint Energy, LLCFieldSpraberry (Trend Area)CountyMidland County

Fourpoint Energy, LLC in Midland County

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Spraberry (Trend Area) field

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