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Texas oil lease

Producing

HIDEE E 31-38 JM

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

1 well

125,861bbl oil, last 12 months
Operator
Fourpoint Energy, LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-63819

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
333,822 mcf
Oil in Jul 2026
4,812 bbl

Production by month

Oil output fell 73% since Jun 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 73% since Jun 2025Monthly oil production and gas for HIDEE E 31-38 JM, Jun 2025 to Jul 2026. Oil output fell 73% since Jun 2025. Monthly average of 5,420 bbl in the latest 3 months, against 19,746 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 25OctJan 26AprJul
Oil output fell 73% since Jun 2025Monthly oil production and gas for HIDEE E 31-38 JM, Jun 2025 to Jul 2026. Oil output fell 73% since Jun 2025. Monthly average of 5,420 bbl in the latest 3 months, against 19,746 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 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 E 31-38 JM 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 E 31-38 JM 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% · 306,467 mcf

  • Flared (4)

    8.2% · 27,355 mcf

8.2% of the gas flared in the last 12 months. 11 months above 3%.

1 well on this lease

Wells on HIDEE E 31-38 JM
API numberWell no.Status
42-329-474692005HActive

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

An allocation well is on this lease

Permits for Hidee E 31-38 JM
API numberWell no.Acreson the permit
42-329-474692005H646.66

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

14 months, newest first

Ledger for HIDEE E 31-38 JM
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,8124,85723,97422,976998$80.46$2.89
Jun 20265,5785,61125,15624,1071,049$84.81$3.15
May 20265,8705,83423,95223,9520$102.13$2.94
Apr 20266,3246,34024,89521,7713,124$100.32$2.77
Mar 20267,1017,09425,81623,9141,902$91.38$3.04
Feb 20266,7626,77524,73320,5304,203$64.51$3.62
Jan 20269,1269,13027,78620,9686,818$60.04$7.72
Dec 202510,90510,86430,64230,57468$57.97$4.26
Nov 202512,04612,08530,04928,0611,988$60.06$3.79
Oct 202515,32915,30632,93330,8342,099$60.89$3.19
Sep 202518,52218,51733,02731,5271,500$63.96$2.97
Aug 202523,48623,52930,85927,2533,606$64.86$2.91
Jul 202526,05526,00623,29118,7724,519$68.39$3.20
Jun 20259,6969,5777,3107,151159$68.17$3.02

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorFourpoint Energy, LLCFieldSpraberry (Trend Area)CountyMidland County

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Spraberry (Trend Area) field

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