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Producing

MIDLAND AC/AF FEE 3

Midland Ac/Af Fee 3 is an oil lease in Midland County, Texas, operated by Chevron U. S. A. Inc. in the Spraberry (Trend Area) field.

2 wells

26,502bbl oil, last 12 months+28% vs prior year
Operator
Chevron U. S. A. Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-46868

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
68,985 mcf
Oil in Jul 2026
1,418 bbl

Production by month

Oil output rose 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 28% over the last 12 monthsMonthly oil production and gas for MIDLAND AC/AF FEE 3, Aug 2023 to Jul 2026. Oil output rose 28% over the last 12 months. 26,502 bbl in the 12 months through Jul 2026, against 20,735 bbl in the 12 months before.Last 12 months: 26,502 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 28% over the last 12 monthsMonthly oil production and gas for MIDLAND AC/AF FEE 3, Aug 2023 to Jul 2026. Oil output rose 28% over the last 12 months. 26,502 bbl in the 12 months through Jul 2026, against 20,735 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 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

  • 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 3 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND AC/AF FEE 3 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 63,326 mcf

  • Other (5 to 8)

    6.9% · 4,793 mcf

  • Flared (4)

    0.8% · 524 mcf

  • Transmission line (2)

    0.5% · 342 mcf

0.8% of the gas flared in the last 12 months. No month above 3%.

2 wells on this lease

Wells on MIDLAND AC/AF FEE 3
API numberWell no.Status
42-329-395413HAActive
42-329-418940162LSActive

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 gasGathers100Apr 16, 2015Aug 1, 2025
Chevron U. S. A. Inc.Casinghead gasBuys100Apr 16, 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

1,283.66 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.

  • 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 3
API numberWell no.Acreson the permit
42-329-418940162LS1,283.66
42-329-395413HA1,292.72

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 3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,4181,4573,3373,00415$80.46$2.89
Jun 20262,8412,8274,9464,40336$84.81$3.15
May 20262,0602,0555,4835,05737$102.13$2.94
Apr 20261,9361,9526,6665,59343$100.32$2.77
Mar 20262,1852,1375,1054,61230$91.38$3.04
Feb 20265406304,4233,9905$64.51$3.62
Jan 20262,4802,46412,66711,670101$60.04$7.72
Dec 20252,9812,95410,65910,01382$57.97$4.26
Nov 20252,1282,1325,9895,74575$60.06$3.79
Oct 20251,9431,9812,8662,79146$60.89$3.19
Sep 20253,0292,9843,7143,68430$63.96$2.97
Aug 20252,9612,9173,1303,10624$64.86$2.91
Jul 20258888771,0871,0789$68.39$3.20
Jun 20255675922,2502,2464$68.17$3.02
May 20251,0921,1344,9394,9318$62.17$3.12
Apr 20251,7351,7503,4693,44722$63.54$3.42
Mar 20252,4152,3516,7836,75528$68.24$4.12
Feb 20251,3051,3422,8802,8728$71.53$4.19
Jan 20252,6372,6056,9266,802124$75.74$4.13
Dec 20241,2541,3175,3265,30818$70.12$3.01
Nov 20242,9172,9188,2218,0399$69.95$2.12
Oct 20244,2144,1447,0277,0207$71.99$2.20
Sep 20241,3271,3064,0044,0022$70.24$2.28
Aug 20243844012,6472,6421$76.68$1.99
Jul 20248408366166004$81.80$2.07
Jun 20249269381,0379998$79.77$2.54
May 20241,4621,4903,6263,50115$80.02$2.12
Apr 20242,8672,8597,0536,87622$85.35$1.60
Mar 20242,8452,8517,4387,25820$81.28$1.49
Feb 20242,7872,7746,5656,46034$77.25$1.72
Jan 20242,8962,9196,6116,40766$74.15$3.18
Dec 20232,8882,8826,4426,25143$71.90$2.52
Nov 20233,0933,0997,0306,82248$77.69$2.71
Oct 20233,2063,2095,7625,53343$85.64$2.98
Sep 20233,2033,2017,0126,71829$89.43$2.64
Aug 20233,0833,0545,4425,22024$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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