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Producing

MIDLAND 'AC/AF' FEE 11

Midland 'Ac/Af' Fee 11 is an oil lease in Midland County, Texas, operated by Chevron U. S. A. Inc. in the Spraberry (Trend Area) field.

2 wells

27,874bbl oil, last 12 months−38% vs prior year
RRC lease
08-47107

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
68,356 mcf
Oil in Jul 2026
2,762 bbl

Production by month

Oil output fell 38% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for MIDLAND 'AC/AF' FEE 11, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 27,874 bbl in the 12 months through Jul 2026, against 45,222 bbl in the 12 months before.Last 12 months: 27,874 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for MIDLAND 'AC/AF' FEE 11, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 27,874 bbl in the 12 months through Jul 2026, against 45,222 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 24JulJan 25JulJan 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 3.1% of the gas in Jan 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Other (5 to 8)
  • Flared (4)
92% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND 'AC/AF' FEE 11 gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.1% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND 'AC/AF' FEE 11 gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.1% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Flared 3.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 62,950 mcf

  • Other (5 to 8)

    6.2% · 4,272 mcf

  • Flared (4)

    1.2% · 802 mcf

  • Transmission line (2)

    0.5% · 332 mcf

1.2% of the gas flared in the last 12 months. One month above 3%.

2 wells on this lease

Wells on MIDLAND 'AC/AF' FEE 11
API numberWell no.Status
42-329-4018411HBActive
42-329-419430161LSActive

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 gasGathers100Aug 19, 2015Aug 1, 2025
Chevron U. S. A. Inc.Casinghead gasBuys100Aug 19, 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).

1,283.66 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.

  • 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.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,283.66 and 1,292.72 acres. Use the acres from your own division order for the well you are paid on.

  • 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 11
API numberWell no.Acreson the permit
42-329-419430161LS1,283.66
42-329-4018411HB1,292.72

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

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 11
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,7622,76711,0209,89377$80.46$2.89
Jun 20262,5672,5735,9405,27261$84.81$3.15
May 20262,5562,5627,1356,56271$102.13$2.94
Apr 20263,0983,0633,7813,16534$100.32$2.77
Mar 20261,1671,1982,4802,21840$91.38$3.04
Feb 20262,2272,2332,7792,47637$64.51$3.62
Jan 20261,5851,5936,8046,25865$60.04$7.72
Dec 20252,6202,6176,5706,13986$57.97$4.26
Nov 20252,3922,4265,2805,019112$60.06$3.79
Oct 20252,7962,7826,7336,526139$60.89$3.19
Sep 20252,7302,6595,7525,70349$63.96$2.97
Aug 20251,3741,4484,0824,05131$64.86$2.91
Jul 20253,5673,5587,7107,64466$68.39$3.20
Jun 20253,3543,39214,95614,799157$68.17$3.02
May 20252,8992,78814,79714,643154$62.17$3.12
Apr 20255367035975898$63.54$3.42
Mar 20254,7054,6333,0313,01120$68.24$4.12
Feb 20254,9004,9233,1303,11812$71.53$4.19
Jan 20255,8025,8223,1833,08499$75.74$4.13
Dec 20245,3265,2992,7262,71214$70.12$3.01
Nov 20243,7693,7213,3843,3094$69.95$2.12
Oct 20243,7073,6934,4654,4578$71.99$2.20
Sep 20243,5883,5925,5435,53310$70.24$2.28
Aug 20243,0693,1326,8856,84827$76.68$1.99
Jul 20244,0143,9747,5127,31549$81.80$2.07
Jun 20243,7203,7186,5366,29847$79.77$2.54
May 20244,1034,0926,8556,58463$80.02$2.12
Apr 20244,0864,0777,1376,92656$85.35$1.60
Mar 20243,8303,8525,8135,64840$81.28$1.49
Feb 20244,3004,2815,7185,59956$77.25$1.72
Jan 20244,9144,9416,0215,79999$74.15$3.18
Dec 20234,1274,1225,3965,20469$71.90$2.52
Nov 20234,6634,6494,9734,80456$77.69$2.71
Oct 20234,7834,7814,9014,68459$85.64$2.98
Sep 20234,3094,3334,6934,46652$89.43$2.64
Aug 20234,0243,9753,9133,72943$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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Nearby

Spraberry (Trend Area) field

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