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Producing

MIDLAND 'AC/AF' FEE 1

Midland 'Ac/Af' Fee 1 is an oil lease in Midland County, Texas, operated by Chevron U. S. A. Inc. in the Spraberry (Trend Area) field.

2 wells

12,186bbl oil, last 12 months+46% vs prior year
Operator
Chevron U. S. A. Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-46659

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
18,384 mcf
Oil in Jul 2026
1,853 bbl

Production by month

Oil output rose 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 46% over the last 12 monthsMonthly oil production and gas for MIDLAND 'AC/AF' FEE 1, Aug 2023 to Jul 2026. Oil output rose 46% over the last 12 months. 12,186 bbl in the 12 months through Jul 2026, against 8,341 bbl in the 12 months before.Last 12 months: 12,186 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 46% over the last 12 monthsMonthly oil production and gas for MIDLAND 'AC/AF' FEE 1, Aug 2023 to Jul 2026. Oil output rose 46% over the last 12 months. 12,186 bbl in the 12 months through Jul 2026, against 8,341 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Transmission line (2)
  • Other (5 to 8)
  • Flared (4)
94% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND 'AC/AF' FEE 1 gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND 'AC/AF' FEE 1 gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 17,262 mcf

  • Other (5 to 8)

    5.5% · 1,011 mcf

  • Transmission line (2)

    0.4% · 75 mcf

  • Flared (4)

    0.2% · 36 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

2 wells on this lease

Wells on MIDLAND 'AC/AF' FEE 1
API numberWell no.Status
42-329-395371HBActive
42-329-395402HDActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers20Aug 1, 2025–
Enterprise Crude Oil LLCOilGathers20Aug 1, 2025–
Enterprise Crude Pipeline LLCOilGathers20Aug 1, 2025–
Ngl Crude Assets and Mktg, LLCOilGathers20Aug 1, 2025–
Plains Pipeline L.p.OilGathers20Aug 1, 2025–
Chevron U. S. A. Inc.Casinghead gasBuys50Aug 1, 2025–
Energy Transfer CompanyCasinghead gasBuys50Aug 1, 2025–
Chevron U. S. A. Inc.Casinghead gasGathers50Aug 1, 2025–
Energy Transfer CompanyCasinghead gasGathers50Aug 1, 2025–
Chevron U. S. A. Inc.Casinghead gasGathers100May 11, 2015Aug 1, 2025
Chevron U. S. A. Inc.Casinghead gasBuys100May 11, 2015Aug 1, 2025
Chevron U. S. A. Inc.OilGathers15Jun 13, 2024Aug 1, 2025
Energy Trans Crude Marketing LLCOilGathers15Jun 13, 2024Aug 1, 2025
Energy Transfer Crude Oil Co,llcOilGathers20Jun 13, 2024Aug 1, 2025
Enterprise Crude Oil LLCOilGathers15Jun 13, 2024Aug 1, 2025

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

Who buys my oilOil price check

1,292.72 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Midland 'Ac/Af' Fee 1
API numberWell no.Acreson the permit
42-329-395402HD1,292.72
42-329-395371HB1,292.72

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

Unit decimal checker

What Chevron Corporation told investors it received

Chevron U. S. A. Inc. is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for MIDLAND 'AC/AF' FEE 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,8531,8441,9251,7364$80.46$2.89
Jun 20261,7931,7941,9171,7172$84.81$3.15
May 20261,7321,7411,4731,3653$102.13$2.94
Apr 20261,9081,8341,1841,0000$100.32$2.77
Mar 20264984857706991$91.38$3.04
Feb 202642419858891$64.51$3.62
Jan 202635359738995$60.04$7.72
Dec 202538771,0781,0183$57.97$4.26
Nov 20251,1391,1331,1771,1385$60.06$3.79
Oct 20251,0501,0461,4261,4048$60.89$3.19
Sep 20258408472,7892,7881$63.96$2.97
Aug 20251,2581,2522,6872,6843$64.86$2.91
Jul 20258838574,9634,9594$68.39$3.20
Jun 20251611732,2872,2861$68.17$3.02
May 20255976103,8603,8564$62.17$3.12
Apr 20256125953,4173,4107$63.54$3.42
Mar 20253393353,3053,3032$68.24$4.12
Feb 20253123222,5752,5732$71.53$4.19
Jan 20254755012,4102,4073$75.74$4.13
Dec 20241,4651,4615,6645,64915$70.12$3.01
Nov 20241,3651,3635,2355,1214$69.95$2.12
Oct 20241,4441,4254,5404,5391$71.99$2.20
Sep 20246886683,8923,8902$70.24$2.28
Aug 202400000$76.68$1.99
Jul 2024011000$81.80$2.07
Jun 20244104252,7202,6391$79.77$2.54
May 20248858806,1255,9299$80.02$2.12
Apr 20248238195,6955,5664$85.35$1.60
Mar 20249589564,9444,8343$81.28$1.49
Feb 20248018043,0022,9618$77.25$1.72
Jan 20241,0281,0313,6683,56329$74.15$3.18
Dec 20239939925,3305,18125$71.90$2.52
Nov 20231,0121,0275,9355,76831$77.69$2.71
Oct 20239839875,5835,37231$85.64$2.98
Sep 20231,2631,2477,8457,52621$89.43$2.64
Aug 20231,2651,2686,1545,91119$81.39$2.58

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

OperatorChevron U. S. A. Inc.FieldSpraberry (Trend Area)CountyMidland County

Chevron U. S. A. Inc. in Midland County

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Spraberry (Trend Area) field

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