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Producing

MIDLAND 'AC/AF' FEE 12

Midland 'Ac/Af' Fee 12 is an oil lease in Midland County, Texas, operated by Chevron U. S. A. Inc. in the Spraberry (Trend Area) field.

4 wells

77,032bbl oil, last 12 months+87% vs prior year
Operator
Chevron U. S. A. Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-47375

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
458,705 mcf
Oil in Jul 2026
7,555 bbl

Production by month

Oil output rose 87% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 87% over the last 12 monthsMonthly oil production and gas for MIDLAND 'AC/AF' FEE 12, Aug 2023 to Jul 2026. Oil output rose 87% over the last 12 months. 77,032 bbl in the 12 months through Jul 2026, against 41,208 bbl in the 12 months before.Last 12 months: 77,032 bblbbl per monthmcf per month002,50020k5,00040k7,50060k10k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 87% over the last 12 monthsMonthly oil production and gas for MIDLAND 'AC/AF' FEE 12, Aug 2023 to Jul 2026. Oil output rose 87% over the last 12 months. 77,032 bbl in the 12 months through Jul 2026, against 41,208 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50020k5,00040k7,50060k10k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% 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)
95% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND 'AC/AF' FEE 12 gas by disposition code each month, Aug 2023 to Jul 2026. 95% 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
95% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND 'AC/AF' FEE 12 gas by disposition code each month, Aug 2023 to Jul 2026. 95% 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)

    95% · 437,922 mcf

  • Other (5 to 8)

    3.6% · 16,677 mcf

  • Flared (4)

    0.7% · 3,277 mcf

  • Transmission line (2)

    0.2% · 829 mcf

0.7% of the gas flared in the last 12 months. No month above 3%.

4 wells on this lease

Wells on MIDLAND 'AC/AF' FEE 12
API numberWell no.Status
42-329-4044012HAActive
42-329-4044113HBActive
42-329-420380173LSActive
42-329-470094846CLActive

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 gasGathers100Jun 13, 2024Aug 1, 2025
Chevron U. S. A. Inc.Casinghead gasBuys100Jun 13, 2024Aug 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

963 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 963 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 12
API numberWell no.Acreson the permit
42-329-470094846CL963
42-329-420380173LS1,283.66
42-329-4044012HA1,292.72
42-329-4044113HB1,292.72

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 12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,5557,52138,50534,698123$80.46$2.89
Jun 20266,2126,20138,78734,70496$84.81$3.15
May 20266,8096,85928,62126,484105$102.13$2.94
Apr 20267,6157,48531,83426,83360$100.32$2.77
Mar 20266,0926,13122,48820,355100$91.38$3.04
Feb 20265,9986,03630,72730,525202$64.51$3.62
Jan 20266,3596,39140,82240,627195$60.04$7.72
Dec 20259,9389,94535,12034,921199$57.97$4.26
Nov 20257,9207,93930,00529,672333$60.06$3.79
Oct 20254,9324,89656,12955,0611,068$60.89$3.19
Sep 20254,0674,01052,26951,860409$63.96$2.97
Aug 20253,5353,57353,39853,011387$64.86$2.91
Jul 20254,0804,02764,03963,530509$68.39$3.20
Jun 20252,6152,65020,16920,027142$68.17$3.02
May 20253,5283,53021,28521,148137$62.17$3.12
Apr 20252,3832,35211,81811,704114$63.54$3.42
Mar 20252,1232,11313,49513,43560$68.24$4.12
Feb 20252,6292,70021,35921,28574$71.53$4.19
Jan 20253,9703,94638,05837,474584$75.74$4.13
Dec 20243,9593,94938,14738,002145$70.12$3.01
Nov 20243,5533,55132,54531,83131$69.95$2.12
Oct 20244,1014,10332,30532,27431$71.99$2.20
Sep 20244,0984,11227,73727,70730$70.24$2.28
Aug 20244,1694,18434,01033,89761$76.68$1.99
Jul 20244,6634,64136,27635,428129$81.80$2.07
Jun 20244,3894,40032,71231,640109$79.77$2.54
May 20244,6224,60734,15432,964148$80.02$2.12
Apr 20244,6284,61034,91034,019125$85.35$1.60
Mar 20245,0565,07238,92637,959128$81.28$1.49
Feb 20245,5495,55928,61128,122179$77.25$1.72
Jan 20246,9426,98127,26526,374329$74.15$3.18
Dec 20237,1407,09229,69128,747260$71.90$2.52
Nov 20235,4785,42623,86323,113207$77.69$2.71
Oct 20232,0972,10317,85117,074204$85.64$2.98
Sep 20232,6402,66117,09516,285167$89.43$2.64
Aug 20234,3434,38621,89120,938160$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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